PRESS RELEASE: IPA Mengajak Pemerintah Melanjutkan Upaya Reformasi Untuk Menghidupkan Kembali Industri

Jakarta, 2 December 2015 – The Indonesian Petroleum Association (IPA) announced the new President and Board of Directors for 2016 during its Annual General Meeting (AGM) held today at Hotel Dharmawangsa, Jakarta.

  • Craig Stewart Continues as IPA President for 2016
  • New Board of Directors effective 02 December 2015
  • IPA continues to be partner of choice for the government

The new 2016 Board of Directors are:


President Craig Stewart Ophir Energy
Director Christina Verchere BP Indonesia
Director Erec S. Isaacson CONOCOPHILLIPS Indonesia Inc. Ltd.
Director Lukman Mahfoedz MEDCO Energi Internasional Tbk, PT
Director Charles A. Taylor CHEVRON Indonesia Company
Director Gunung Sardjono Hadi PERTAMINA (Persero), PT
Director Tenny Wibowo SANTOS (Sampang) Pty. Ltd.
Director Sammy Hamzah EPHINDO Energy Private Ltd.
Director Jon M. Gibbs EXXONMOBIL Indonesia Inc.
Director Hardy Pramono TOTAL E & P Indonesie
Director Luca de Caro ENI Indonesia
Director Shunichiro Sugaya INPEX Corporation
Director Hazli Sham B. Kassim PETRONAS Carigali Muriah Ltd

The 2016 IPA Board of Directors will take office on 02 December 2015, after conclusion of the 2015 AGM.” said Marjolijn Wajong, IPA Executive Director. “The new Board is committed to continuing to be the partner of choice for the government in their efforts to reform the industry.”

During the AGM, it was highlighted that the past year has been traumatic for the global oil and gas industry due to the collapse in oil and gas prices and has forced oil and gas companies worldwide to restructure their operations, organizations and investment plans to create sustainable businesses in this new low oil price environment. Even prior to this situation, the Indonesian oil and gas industry was in urgent need of reform to meet the growing energy needs of the nation. A decade of poor exploration results, increasing bureaucracy, regulatory uncertainty, difficulties in gas commercialization, long project timelines, criminalization, land acquisition and local government and community issues all contributed to a decline in the attractiveness of the industry and falling oil and gas reserves and production.

“The new government was elected on a reform platform and has recognized the need to reform the oil and gas industry to meet its goal of making energy Indonesia’s engine of growth” said Craig Stewart, IPA President. “The government has made significant effort to address some of these issues over the past year and the IPA has endeavored to work closely with the government to ensure these reforms are effective. The IPA urges the government to continue these efforts and remains committed to working with the government in designing and implementing these reforms.”

The IPA Annual Report is issued following the Annual General Meeting, which is published online at the IPA website ( for public access.

Previous PostNew IPA Publication Now Available: The Sedimentary Geology of JAVA by Peter Lunt
Next Post38th IPA Convention and Exhibition - Best Booth