Jakarta (ANTARA) – Indonesia and South Korea have signed a memorandum of understanding (MoU) to deepen cooperation in the offshore plant services industry, marking a new step in bilateral energy collaboration. The agreement, exchanged during a meeting between President Prabowo Subianto and South Korean President Lee Jae Myung at the Blue House in Seoul, on April 1, covers technology development, human resource training, and the dismantling and reuse of offshore platforms after oil and gas operations. “This MoU will strengthen synergy between Indonesia and Korea in developing offshore installation services, including technology transfer, capacity building, and platform reutilization,” Coordinating Minister for Economic Affairs Airlangga Hartarto said on Monday. The five‑year agreement, renewable upon mutual consent, also encourages closer public–private sector coordination. Hartarto noted that Indonesian energy companies, including Pertamina and private firms, will have opportunities to participate. Plans include repurposing decommissioned offshore platforms into LNG receiving terminals and carbon capture and storage (CCS) sites, aligning with global sustainability goals. While the MoU does not create binding international obligations, officials say it lays the groundwork for a stronger Indonesia–Korea strategic partnership in energy. “This collaboration underscores the commitment of both countries to promoting sustainable economic development, while strengthening Indonesia’s position as a strategic player in the global energy industry,” Hartarto added. The deal reflects a broader regional push to modernize energy infrastructure and adapt to the challenges of the global energy transition, with Indonesia positioning itself as a hub for innovation in offshore services.