RRI.CO.ID, Houston – The Indonesian government has officially invited global investors and technology providers to tap into the country’s upstream oil and gas potential. This invitation was delivered at the energy investment forum “Indonesia Untapped and Frontier Resources: Scale, Strategy and Partnership” in Houston, United States, on Tuesday, May 5, 2026.

There are currently 128 oil and gas basins in Indonesia, but only 20 are actively producing. A total of 65 other basins have not been touched at all by exploration or production activities.

“With a potential of 2.7 billion barrels of oil and 39.35 TCF of gas, as well as 158 available oil and gas blocks, Indonesia offers real investment opportunities with an increasingly competitive and investor-friendly system,” Senior Manager of Oilfield Development at SKK Migas, Wilson Pariangan said according to a written press release on Wednesday, May 6, 2026.

Pertamina, as a state-owned enterprise, also reaffirmed its readiness for concrete on-the-ground execution. Pertamina claims to have a solid exploration track record with a high success rate.

“Indonesia is an untapped frontier energy opportunity, and now is the best time for investors to enter the market. We’re not just talking about potential, but also execution,” Deputy President Director of Pertamina, Oki Muraza said.

She explained that robust seismic survey data provides investors with a high degree of confidence. Pertamina’s exploration efforts are always based on the most cutting-edge technological approaches.

In addition to new exploration, increasing production at existing assets also presents a golden opportunity. The use of technologies such as Chemical EOR has proven effective in boosting production yields at strategic oil and gas fields.

“This is a low-risk, high-value opportunity for investors. Our existing assets still hold significant potential that can be optimized through the application of technology,” Oki continued.

Technology providers from the United States have been specifically invited to contribute to reservoir management. Indonesia urgently needs innovative solutions to address the complex challenges of future oil and gas fields.

“We are opening up extensive collaboration opportunities for technology providers. Indonesia requires cutting-edge technological solutions—from exploration and enhanced oil recovery to the management of complex reservoirs. This is a major opportunity for mutual growth,” he stated.

Future investment opportunities also include the development of Carbon Capture, Utilization, and Storage (CCUS) technology. Indonesia has the potential to become a regional hub for carbon storage due to its large storage capacity.