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The Green Investment Effect on the Regulation of Idle Well Management Cooperation Contract Schemes

Journal of Law and Legal Reform · Vol. 5 No. 4 (2024) · hlm. 1763–1792

DOI
10.15294/jllr.v5i4.4481
ISSN
2715-0968, 2715-0941
Terbit
2024-12-15
Penerbit
Faculty of Law, Universitas Negeri Semarang, Indonesia
Bahasa
eng
Lisensi
creativecommons.org/licenses/by-nc-sa/4.0

Abstrak

This research delves into legal issues surrounding the impact of green investment on cooperation contracts managing idle wells in Indonesia, Malaysia, and Equatorial Guinea. In alignment with green investment principles, the Indonesian Government has implemented various schemes to enhance the effectiveness of exploration and exploitation activities in the oil and gas sector. Presently, efforts to boost oil and gas production involve reactivating idle wells, yet there is a regulatory gap concerning the transfer of this work to cooperation contract contractors. To address this, the study compares how Malaysia and countries in the Guinea Region, adopting green investment practices, manage idle wells. Employing a socio-legal methodology, the research draws on field research, legal sources, articles, journals, and related news. The findings highlight the crucial role of acknowledging the ongoing significance of oil and gas while recognizing the imperative to transition sustainably, exemplified by Indonesia's commitment and the potential application of the Production Sharing Contract (PSC) scheme in shaping the future of non-fossil energy sources in the realm of upstream oil and gas investment.

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  • Universitas Halu Oleo
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Aprila NiravitaAfiliasi tidak diketahui6
Denita Cahyanti WahonoAfiliasi tidak diketahui6
Rr. Jannatul FirdausAfiliasi tidak diketahui6
Irawaty IrawatyUniversitas Halu Oleo5
Ubaidillah KamalAfiliasi tidak diketahui5
Siti Hafsyah IdrisAfiliasi tidak diketahui4
Dani MuhtadaAfiliasi tidak diketahui3
Suhadi SuhadiAfiliasi tidak diketahui3
Nurul FibriantiAfiliasi tidak diketahui3
R Benny RiyantoAfiliasi tidak diketahui2
Rindia Fanny KusumaningtyasAfiliasi tidak diketahui2
Rindia Fanny KusmaningtyasAfiliasi tidak diketahui2
Ngboawaji Daniel NteAfiliasi tidak diketahui2
Windiahsari WindiahsariAfiliasi tidak diketahui2
Mayzura Kamila SukmaAfiliasi tidak diketahui2
Rofi WahanisaAfiliasi tidak diketahui2
Bayangsari WedhatamiAfiliasi tidak diketahui2
Ridwan ArifinAfiliasi tidak diketahui2
Rini FidiyaniAfiliasi tidak diketahui2
Tegar Islami PutraAfiliasi tidak diketahui2
Wahyudin WahyudinSTKIP Taman Siswa Bima1
Duhita Driyah SupraptiAfiliasi tidak diketahui1
Batari LaskarwatiAfiliasi tidak diketahui1
Rina AufaAfiliasi tidak diketahui1
LAGA SUGIARTOAfiliasi tidak diketahui1
Saru ArifinAfiliasi tidak diketahui1
Riska AlkadriAfiliasi tidak diketahui1
Andry SetiawanAfiliasi tidak diketahui1
Anisa Faraditha Nanda SariAfiliasi tidak diketahui1
Amelia AghataAfiliasi tidak diketahui1
Said Noor RahmanAfiliasi tidak diketahui1
Eko MukmintoAfiliasi tidak diketahui1
Widhiyanto WidhiyantoAfiliasi tidak diketahui1
Edward Michael SimangunsongAfiliasi tidak diketahui1
Hafidz DaffaAfiliasi tidak diketahui1

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Sumber metadata: OAI-PMH (metadata jurnal) https://journal.unnes.ac.id/journals/jllr/oai, pertama di-harvest 6 Nov 2026, terakhir terlihat 6 Nov 2026.
Metadata asli (oai_dc) 
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	<dc:title xml:lang="en">The Green Investment Effect on the Regulation of Idle Well Management Cooperation Contract Schemes</dc:title>
	<dc:creator xml:lang="en">Rahayu, Sang Ayu Putu</dc:creator>
	<dc:creator xml:lang="en">Anitasari, Rahayu Fery</dc:creator>
	<dc:creator xml:lang="en">Puteri, Dina Silvia</dc:creator>
	<dc:creator xml:lang="en">Pratomo, Nathanael Bayu Ajie</dc:creator>
	<dc:creator xml:lang="en">Setyawati, Anak Agung Ayu Diah</dc:creator>
	<dc:subject xml:lang="en">green investment</dc:subject>
	<dc:subject xml:lang="en">idle well</dc:subject>
	<dc:subject xml:lang="en">upstream oil and gas</dc:subject>
	<dc:description xml:lang="en">This research delves into legal issues surrounding the impact of green investment on cooperation contracts managing idle wells in Indonesia, Malaysia, and Equatorial Guinea. In alignment with green investment principles, the Indonesian Government has implemented various schemes to enhance the effectiveness of exploration and exploitation activities in the oil and gas sector. Presently, efforts to boost oil and gas production involve reactivating idle wells, yet there is a regulatory gap concerning the transfer of this work to cooperation contract contractors. To address this, the study compares how Malaysia and countries in the Guinea Region, adopting green investment practices, manage idle wells. Employing a socio-legal methodology, the research draws on field research, legal sources, articles, journals, and related news. The findings highlight the crucial role of acknowledging the ongoing significance of oil and gas while recognizing the imperative to transition sustainably, exemplified by Indonesia's commitment and the potential application of the Production Sharing Contract (PSC) scheme in shaping the future of non-fossil energy sources in the realm of upstream oil and gas investment.</dc:description>
	<dc:publisher xml:lang="en">Faculty of Law, Universitas Negeri Semarang, Indonesia</dc:publisher>
	<dc:date>2024-12-15</dc:date>
	<dc:type>info:eu-repo/semantics/article</dc:type>
	<dc:type>info:eu-repo/semantics/publishedVersion</dc:type>
	<dc:format>application/pdf</dc:format>
	<dc:identifier>https://journal.unnes.ac.id/journals/jllr/article/view/4481</dc:identifier>
	<dc:identifier>10.15294/jllr.v5i4.4481</dc:identifier>
	<dc:source xml:lang="en">Journal of Law and Legal Reform; Vol. 5 No. 4 (2024): Contemporary Issues on Law Reform in Indonesia and Global Context; 1763-1792</dc:source>
	<dc:source>2715-0968</dc:source>
	<dc:source>2715-0941</dc:source>
	<dc:source>10.15294/jllr.v5i4</dc:source>
	<dc:language>eng</dc:language>
	<dc:relation>https://journal.unnes.ac.id/journals/jllr/article/view/4481/2934</dc:relation>
	<dc:rights xml:lang="en">Copyright (c) 2024 Sang Ayu Putu Rahayu, Rahayu Fery Anitasari, Dina Silvia Puteri, Nathanael Bayu Ajie Pratomo, Anak Agung Ayu Diah Setyawati </dc:rights>
	<dc:rights xml:lang="en">https://creativecommons.org/licenses/by-nc-sa/4.0</dc:rights>
</oai_dc:dc>