By Location: The market is also segmented by location of operations, covering onshore and offshore exploration and production. Onshore locations, such as Sumatra and Java, continue to dominate due to their established infrastructure and proximity to refineries and processing plants. This segment enjoys substantial market share as it provides easier access for logistical operations and lower operational costs. By Sector: The market is segmented by upstream, midstream, and downstream operations. Each sector plays a crucial role in the overall market, with upstream operations covering the exploration and production of oil and natural gas, midstream involving transportation, and downstream focusing on refining and distribution. Upstream, the crude oil sub-segment dominates this segment due to the focus on increasing exploration in existing oil fields and discovering new offshore reserves. Indonesia Oil and Gas Market Segmentation As part of its Gas Infrastructure Master Plan, the Indonesian government is expected to continue its investment in pipeline networks throughout 2024. A substantial budget, exceeding USD 5 billion, has been earmarked for expanding gas transmission lines to improve connectivity between gas-producing regions and urban centers, reducing transportation bottlenecks and ensuring steady gas supply for industrial use.

By Sector: The market is segmented by upstream, midstream, and downstream operations. Each sector plays a crucial role in the overall market, with upstream operations covering the exploration and production of oil and natural gas, midstream involving transportation, and downstream focusing on refining and distribution. Upstream, the crude oil sub-segment dominates this segment due to the focus on increasing exploration in existing oil fields and discovering new offshore reserves. Indonesia Oil and Gas Market Segmentation As part of its Gas Infrastructure Master Plan, the Indonesian government is expected to continue its investment in pipeline networks throughout 2024. A substantial budget, exceeding USD 5 billion, has been earmarked for expanding gas transmission lines to improve connectivity between gas-producing regions and urban centers, reducing transportation bottlenecks and ensuring steady gas supply for industrial use.