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Abstract
Abstract: ASSET MANAGEMENT IN OIL AND GAS POST-OPERATION ABANDONMENT AND SITE RESTORATION
Purpose: To examines Indonesia's regulatory framework and practices for Oil & Gas Abandonment and Site Restoration (ASR).
Method: This study employs qualitative methods with data triangulation from literature reviews, interviews, and regulatory analysis.
Results: Technical procedures and financial security are established, with accounting following SAK standards. Environmental regulations lack mandatory financial audits at contract termination.
Novelty: Comprehensive ASR assessment covering preparation, implementation, finance, accounting, and environmental impacts.
Contribution: Addresses research gaps and supports ASR policy development in Indonesia.
Abstrak: PENGELOLAAN ASET DALAM ABANDONMENT AND SITE RESTORATION PASCAOPERASI MIGAS
Tujuan: Menganalisis praktik dan regulasi Abandonment and Site Restoration (ASR) pascaoperasi migas di Indonesia.
Metode: Penelitian ini menggunakan metode kualitatif dengan triangulasi data dari literatur, wawancara, dan regulasi.
Hasil: Prosedur teknis dan financial security telah ditetapkan, dengan praktik akuntansi mengikuti standar SAK. Namun, regulasi lingkungan belum mewajibkan audit keuangan saat terminasi kontrak.
Kebaruan: Kajian komprehensif pengelolaan aset ASR, mencakup persiapan, pelaksanaan teknis, financial security, akuntansi, dan dampak lingkungan.
Kontribusi: Penelitian ini juga dapat memenuhi gap gap studi sebelumnya serta menjadi dasar penyusunan kebijakan ASR di Indonesia.
Keywords
Article Details
Copyright (c) 2025 Syanni Yustiani, Intan Puspitarini, Widyaningrum, Ulfa Fadhilah R
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
References
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- Noussia K. Global Offshore Energy Installations: Implications for Environmental Pollution Liability Insurance in Relation to Major Oil Spill Incidents. Eur Energy Environ Law Rev 2023;32:100–11. https://doi.org/10.54648/EELR2023005
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- Bens DA, Chen C, Joos PR. Mandated Environmental Liability Recognition and the Voluntary Disclosure of ESG Information. SSRN Electron J 2022. https://doi.org/10.2139/SSRN.4065940
- Akenbor & Imo CO, Obutor T. Decommissioning Costs in Oil and Gas Operations in Nigeria: Theoretical Reflection. Niger Acad Manag J 2022;17:30–8.
- Abdo Musa Mangena H. Accounting disclosures of provisions for decommissioning oil and gas installations: the case of oil and gas companies listed in the UK. Glob. Sci. Technol. Forum, 2018, p. 2251–1997.
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References
Puspasari R. Era Baru Kilang LNG Sebagai Aset Negara n.d.
Noussia K. Global Offshore Energy Installations: Implications for Environmental Pollution Liability Insurance in Relation to Major Oil Spill Incidents. Eur Energy Environ Law Rev 2023;32:100–11. https://doi.org/10.54648/EELR2023005
Vass U. The effect of choice of law on knock-for-knock clauses. Knock-for-Knock Indemn Law 2023:106–16. https://doi.org/10.4324/9781003206798-7.
Nadorff N, Gomes MB. Look before you leap: are your oil patch liability clauses enforceable?: (An analysis under civil law jurisdictions with emphasis on Brazil). J World Energy Law Bus 2021;14:49–66. https://doi.org/10.1093/JWELB/JWAB004.
Martin AT. Good Oilfield Practice: its history and evolution. J World Energy Law Bus 2024;17:351–406. https://doi.org/10.1093/JWELB/JWAE016.
Moore S. Indemnity and limitation of liability clauses. Offshore Float Prod 2023:132–45. https://doi.org/10.4324/9781003243861-8.
Invernizzi DC, Locatelli G, Velenturf A, Love PE, Purnell P, Brookes NJ. Developing policies for the end-of-life of energy infrastructure: Coming to terms with the challenges of decommissioning. Energy Policy 2020;144:111677. https://doi.org/10.1016/j.enpol.2020.111677.
Desrina R, Anwar C, Susantoro TM. Environmental Impacts Of The Oil And Gas Platform Decommissioning. Sci Contrib Oil Gas 2022;36:97–103. https://doi.org/10.29017/scog.36.2.766.
Twachtman R. Offshore-platform abandoment and site restoration perceptions change. Oil Gas J n.d.
Mahdi DA, Yudoko G, Wicaksono A. Debottlenecking The Complexities of Stakeholder Management in Indonesia Offshore Platform Decommissioning. Eur J Bus Manag Res 2023;8:18–27. https://doi.org/10.24018/ejbmr.2023.8.5.2046.
Cahyanti RM, Wirjolukito A. Pengakuan Akuntansi Atas Kewajiban Pembongkaran dan Restorasi Aset Pada Sektor Hulu Migas. J Ris Akunt dan Keuang 2019;7:303–18.
Kaiser MJ. Worldwide oil and gas asset retirement obligations circa 2021. Extr Ind Soc 2023;14:101229. https://doi.org/10.1016/J.EXIS.2023.101229.
Ilmi B. Rekonstruksi Regulasi Dana Pasca Operasional Pada Kegiatan Usaha Hulu Minyak Dan Gas Bumi Yang Berbasis Nilai Keadilan 2022.
Kumar S, Sidek MA, Agi A, Junin R, Jaafar MZ, Gbadamosi A, et al. Decommissioning of Offshore oil and gas facilities: A comparative study between Malaysia practices and international standards. Soc. Pet. Eng. - SPE Niger. Annu. Int. Conf. Exhib. 2021, NAIC 2021, SPE; 2021, p. 031 021 005. https://doi.org/10.2118/207178-MS.
Bens DA, Chen C, Joos PR. Mandated Environmental Liability Recognition and the Voluntary Disclosure of ESG Information. SSRN Electron J 2022. https://doi.org/10.2139/SSRN.4065940
Akenbor & Imo CO, Obutor T. Decommissioning Costs in Oil and Gas Operations in Nigeria: Theoretical Reflection. Niger Acad Manag J 2022;17:30–8.
Abdo Musa Mangena H. Accounting disclosures of provisions for decommissioning oil and gas installations: the case of oil and gas companies listed in the UK. Glob. Sci. Technol. Forum, 2018, p. 2251–1997.
Cresswell J. Qualitative inquiry & research design: Choosing among five approaches. 2013.
Abdullah S, and SR-TAPJ of E, 2000 undefined. Quantitative and qualitative research methods: Some strengths and weaknesses. EprintsUsmMy n.d.
Islam UN-A-HJS, 2023 undefined. Exploring Qualitative Research: A Comprehensive Guide to Case Study Methodology. EjournalKopertais4.orId n.d.
Al J, Tadris Matematika J, Sa M, Tri Rahmayati G, Catur Prasetiyo UIN Sunan Kalijaga Yogyakarta Y. STRATEGI DALAM MENJAGA KEABSAHAN DATA PADA PENELITIAN KUALITATIF. Al-’Adad J Tadris Mat 2022;1:54–64. https://doi.org/10.24260/ADD.V1I2.1113.
Fam ML, Konovessis D, Ong LS, Tan HK. A review of offshore decommissioning regulations in five countries - Strengths and weaknesses. Ocean Eng 2018;160:244–63. https://doi.org/10.1016/j.oceaneng.2018.04.001.
Nurislaminingsih R, Heriyanto. Riset kualitatif untuk pemula teknik analisis data. Publisher: Intishar Publishing ISBN; 2024.