Indonesia-S.Korea Beef Up Cooperation on Offshore Service Industry

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Durian. Indonesia and South Korea strengthen the two countries cooperation on offshore service industry through the signing of memorandum of understandings as well as 2nd Offshore Conference, held in Jakarta on Oct.13.

Indonesia was led by Coordinating Minister for Maritime Affairs and Investments Luhut Binsar Pandjaitan and South Korea team led by Oceans and Fisheries Minister Moon Sung-Hyeok.

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“I hope that the collaboration between Indonesia and South Korea become stronger, especially through [our] maritime institutions,” Pandjaitan said.

The bilateral discussion was focusing on bilateral project through the Marine Technology Cooperation Research Center (MTCRC), which include mangrove restoration, marine debris handling and climate change issues.

The two ministers signed a memorandum of understanding on offshore installation service. Besides government cooperation, business-to-business cooperation was paved in the bilateral meeting.

South Korea was represented by its gas engineering company GasEntec and Samin MTS, while Indonesia are state-owned energy service firm Elnusa, LNG transport service  GTS International and LNG engineering company JSK Shipping.

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