Business Proces & Project Economics for Upstream Gas Course (4-5 May, Bali)

Indonesian Gas Society (IGS), organized the Business Process & Project Economics for Upstream Gas Course 2026 in Bali.

The two-day program focused on understanding the upstream gas business, from exploration and field development to production, commercial arrangements, and project economic evaluation.

Combining technical fundamentals with financial and commercial perspectives, the course was designed to help participants understand how upstream gas projects are developed, evaluated, and managed throughout their lifecycle.

Inside the Learning Sessions

The course was structured around two key areas of learning.

Day 1 — Upstream Gas Business Process & Fundamentals

The first day explored the fundamentals of upstream gas operations, covering petroleum geology, exploration, drilling, reservoir engineering, production activities, and Indonesia's upstream oil and gas contractual frameworks, including Production Sharing Contracts (PSCs) and Gross Split arrangements.

Day 2 — Upstream Gas Project Economics & Evaluation

The second day focused on the commercial and economic aspects of upstream gas development. Topics included field development planning, gas and LNG infrastructure, fiscal regimes, cooperation contract models, and project economics, complemented by practical case studies.

Course Overview

The program featured two experienced industry professionals with backgrounds in energy business leadership, corporate finance, and gas commercialization.

Aris Mulya Azof

With over 29 years of experience in the oil and gas industry, Aris brings extensive expertise in corporate finance, strategic business development, and energy project management.

Zuchrizan Zain

Learning from Industry Practitioners

Zuchrizan has more than 17 years of experience, primarily in gas commercialization. His expertise spans upstream LNG marketing, commercial strategy, and LNG sales agreements, including negotiations with international LNG buyers.

Together, their industry experience provided perspectives on the relationship between upstream gas development, commercial strategy, and project economics.

Moments from the Course

A look inside the classroom, discussions, and learning experiences from our Bali course.