Japan Petroleum Exploration Co. Ltd., a leading player in Japan’s energy sector, is strengthening its long-standing presence in Indonesia, focusing on traditional upstream activities and cutting-edge decarbonization projects.
“JAPEX has over 50 years of experience in the upstream oil and gas business in Indonesia, where the country is one of our key focus areas overseas,” said Tomomi Yamada, managing executive officer and president of Overseas Business Division II, highlighting the company’s deep-rooted commitment to the region. He emphasized that JAPEX is actively pursuing projects with a strong thrust in collaborative partnerships.
A key initiative in JAPEX’s strategy is the Sukowati Carbon Capture, Utilization and Storage (CCUS)/Carbon Dioxide-Enhanced Oil Recovery Project.
“The Sukowati project is one of JAPEX’s carbon neutrality-oriented projects in Indonesia which are acknowledged as part of the AZEC (Asia Zero Emission Community) initiatives,” Yamada explained. “This project and the Limau Bioenergy with Carbon Capture and Storage (BECCS) Project demonstrate JAPEX’s dedication to innovative solutions. The former is a project where we can leverage our experience through operations in Japan.”
“We expect it to contribute to economic growth and decarbonization,” he added, emphasizing the project’s dual benefits. On the Limau BECCS Project, a collaboration with the Pertamina Group and Marubeni Corp., Yamada expressed hope that “it will be the first BECCS example in Southeast Asia,” aiming for carbon negativity through a unique synergy of forestry and upstream businesses.
Yamada also spoke about JAPEX’s alignment with Indonesia’s energy transition strategy.
“There is high compatibility between Indonesia’s national policy, which prioritizes energy self-sufficiency to support the lives of Indonesian people and JAPEX’s medium-term management plan,” he said. He further emphasized that “our pursuit of contributions to Indonesia’s energy transition has already begun.”
After citing the company’s collaborative efforts with SKK Migas and the Pertamina Group, Yamada also explained that sustainability is a key pillar of JAPEX’s operations.
“One of the core aspects of sustainability in the energy sector — a stable energy supply — is JAPEX’s mission,” he said, highlighting the potential of JAPEX’s carbon capture and storage/CCUS technologies to play a crucial role in helping Indonesia meet its climate goals.
“For Indonesia, where fossil fuels currently account for a high proportion of the energy mix, our expertise can make a significant contribution to help control greenhouse gas emissions and fulfill its Nationally Determined Contribution targets,” he concluded, reaffirming JAPEX’s commitment to responsible energy development in Indonesia.
