International Journal of Creative Research and Studies


Volume 7 Issue 4, April-2023



Title: SUPPORT THE SHARED VISION FOR IOG 4.0 2030 AND CREATE A SHARED VALUE STRATEGY TO MULTIPLIER EFFECT ON THE IMPROVEMENT OF COMMUNITY WELFARE THROUGH THE EXPLOITATION OF OLD WELLS WITH STRATEGIC ALLIANCES BASED ON ENVIRONMENTALLY

Author: Fransjono Lazarus & Adi Putra Wawang Darmawan


Abstract:

Upstream oil and gas industry still plays a strategic role in supporting Indonesia's strong and sustainable economy. However, in the current era of the energy transition, Indonesia has a strong commitment to net zero emissions by increasing the use of new and renewable energy. The upstream oil and gas industry must undertake strategies to carry out its position to reduce carbon emissions successfully. In addition, Indonesia's national oil and gas company, Pertamina, has fully committed to implementing ESG (environmental, social, governance), which will affect the company's reputation and potentially impact access to external funding. In response to the dynamic business environment, Indonesia's national oil and gas company, Pertamina, implements an ambidexterity strategy by carrying out exploration innovation (radical) and exploitation innovation in Indonesia. Exploration innovation focuses on discoveries and the development of new renewable energy management; exp...


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IJCRS DESCRIPTION

ISSN:0249-4655

Publisher:Knowledge-Ridge Publishers

Area/Scope:Business Economics and Management ;Social Science, Literature, Arts and Humanities; Engineering and Technology; Life Science and Physical Science; Health and Medical Science

Frequency: Monthly

Format:Online & Print

Language:English

Review-Process:Double Blinded

Access: Open Access