First of all, on behalf of the Indonesian Petroleum Association, we would like to thank you for your contribution at the 41ST IPA Convention & Exhibition held on 17 - 19 May 2017, which attracted 20,000 visitors and 114 companies/institutions during the three-day event.
Despite the current oil and gas industry's condition in which most companies are looking ways to control costs and apply efficiency, we highly appreciate your participation in this event to show that the industry remain resilient and we hope that your presence within the event was successful in showcasing your company and that everyone involved has benefitted well from the valuable exposure to the oil and gas world.
As part of the IPA Exhibition, we have always had the Best Booth Contest From year to year. Improvements in judging criteria have been made for a couple of years. For the past two years, we have divided into awards for booth content and booth design, whereas this year, in particular, we had six independent judges from each category.
Judges for Best Booth Design :
The special session commenced with an overview of the talent base in Indonesia, noting that 95% of positions in the industry were filled by Indonesians. This positive situation has happened over several decades, involving the intake of graduates, training and in many cases filling of strategic positions in upstream companies by nationals. It was noted that in the period of decline that was occurring, efficiencies are key, and this applies to people as well. Activities are, however, declining and this has led to significant layoffs of staff, particularly amongst upstream project teams. This has been inevitable, despite the best efforts of the industry.
The 2nd session was opened by Mariatul Aini from the Ministry of Finance, who stressed that if the country wants to attract investment, infrastructure is key and the Ministry is making efforts to fund and develop infrastructure around the country, particularly in remote areas, so that the oil and gas industry can utilize these facilities in the search for more reserves. The Ministry is also pushing to simplify bureaucracy and regulations to encourage investment. She also stressed that the economic indicators in the country are good at present, with inflation at 3-4% per annum and the ease of business index showing Indonesia jumping 15 places to 91 out of 170 countries worldwide.