Elnusa Clarifies Allegations of Employee Involvement in Hate Speech

Jakarta, 14 May 2019 – PT Elnusa Tbk (Elnusa), an energy service company listed on the Indonesian Stock Exchange (the issuer code: ELSA), clarifying inappropriate news that is viral on social media. The coverage was captured by the spread of photo screen shots / memes / information on social media about an individual named Asraf Prima Nanda who was allegedly one of the workers at Elnusa.

Related the news, Elnusa’s Head of Corporate Communications – Wahyu Irfan said that, “The individual named Asraf Prima Nanda is not an Elnusa employee either in the holding or a subsidiary. All actions taken by these individuals are not the responsibility of Elnusa. “

With this clarification, it is expected to be able to straighten out information that is not right beforehand. Elnusa as a public company always discloses information in accordance with the regulations and provisions set by the regulator. All information regarding Elnusa, subsidiaries and affiliates can be accessed through the website www.elnusa.co.id.

Strengthen Business Portfolio Strategy, Elnusa Optimistic Performance Growth 2019

Jakarta, 30 April 2019 – PT Elnusa Tbk (Elnusa), a leading company providing energy services, has closed the 2018 financial year with a positive achievement and set a 25% net profit as a dividend in mid-April 2019. Now Elnusa is preparing various accurate strategies to produce a better 2019 performance growth.

President Director of Elnusa, Elizar P Hasibuan said “The experience of the past three years has proven that the portfolio diversification strategy greatly supports Elnusa’s growth in performance. In 2019, we will strengthen this strategy, with a variety of prospective new opportunities. “

In addition to strengthening the existing business lines, Elnusa began exploring new opportunities from various business segments in the future. In upstream oil and gas services, several opportunities are explored, including the development of new markets abroad, opportunities for signature seismic exploration & multiclient bonuses, and refinery business operations & maintenance. In energy distribution and logistics services, Elnusa started its infrastructure business with revitalization and construction of BBM terminals, and boosted the chemical business for enhanced oil recovery. In addition, supporting businesses using the internet of things also began to be developed.

“We believe that the trend of the distribution and energy logistics business will be increasingly stretched and the upstream oil and gas services will improve in the future. The increase in non-asset-based services and marine seismic survey activities began to be more vibrant than the previous year. Development of new foreign markets for exploration activities began to grow, “Elizar added.

Elnusa began to gain several new opportunities earlier this year, including oil and gas exploration in Vietnamese waters, nodal seismic sea survey activities in several oil and gas blocks, implementation of several refinancing turnaround projects and digital business cooperation with other parties.

Until the end of the first quarter of 2019, Elnusa had managed to record a business income of Rp1.9 trillion, an increase of 31% compared to the achievement of the same period last year, amounting to Rp1.5 trillion. This increase also occurred in net profit of 7%, from Rp71 billion to Rp76 billion in the first quarter of this year.

The realization of several new opportunities and the growth of financial performance earlier this year added its own optimism. “We believe that in 2019, Elnusa’s performance will grow,” concluded Elizar. ***

Elnusa Deploys Indonesian-flagged Seismic Ships on the Indochina Peninsula

Jakarta, 25 April 2019 – PT Elnusa Tbk (Elnusa), a leading company providing energy services, conducted a survey of ocean acquisition data in Vietnam, the Indochina Peninsula. Elsa Regent, an Indonesian-flagged seismic survey vessel, will sail until the end of May 2019 with a total survey track length of 7000 km.

Director of Operations, Arief Riyanto explained that, “It is an honor for us to bring Indonesia’s good name through an oil and gas exploration survey with Elsa Regent which is entirely operated by Indonesians. The client’s trust in the Indochina Peninsula’s seismic survey project is proof of Elnusa’s competence and experience in seismic surveys.”Elsa Regent is currently the most sophisticated seismic ship in Indonesia, headed by 100% male and female Indonesian. Elsa Regent’s advantages compared to other Indonesian flagged seismic vessels are equipped with 12 streamers with a length of each streamer reaching 10 km so it is ideal for conducting seismic survey work in wide and deep ocean areas, capable of producing sub-surface seismic 3D images with very high quality and accuracy high, capable of recording data when turning so that it is time and cost efficient, recording data can be carried out continuously and can produce standard data that can be processed directly.

Since the inaugural voyage at the end of 2016, Elsa Regent has carried out many marine seismic surveys on various blocks in Indonesia, with clients from both domestic and overseas. Previously Elnusa had also completed a seismic survey in the Andaman Sea, which is one of the largest 3D sea seismic projects in Indonesia.

“A lot of experience and the client’s trust in marine seismic services is a testament to the superiority of the services we provide. We believe that with this superiority, Elnusa can support the improvement of national capacity, as well as better oil and gas exploration, “continued Arief.

In a marine seismic survey Elnusa not only has Elsa Regent but the ocean bottom nodes (nodal) which is a seismic survey technology which is able to capture the type of seismic waves from different directions. The addition of this technology is to complement the capabilities of Elnusa in seismic data acquisition services both on land, transition zones and the sea, according to the required data requirements.

More than 49 years, ELNUSA more confident in providing energy services through Total Solution Services. ***

Increasing the Quality of Oil and Gas Exploration, Elnusa Uses Nodal Technology

Jakarta, April 23, 2019 – PT Elnusa Tbk (Elnusa), a leading company providing energy services, continues to strive to improve the quality of oil and gas exploration effectively and efficiently in Indonesia. Previously at the end of 2016, Elnusa invested Elsa Regent, an Indonesian-flagged seismic marine survey vessel equipped with 12 streamers for exploration in a wide and deep ocean area. At present, Elnusa is starting to develop seismic data acquisition using Ocean Bottom Nodes (Nodal) technology.

Director of Operation Elnusa, Arief Riyanto explained that, “The discovery of oil and gas reserves depends on the quality of seismic data produced. Seismic data acquisition using nodal will support richer data results. This is certainly good for getting a more accurate picture of the underground structure and better character of the reservoir. “

Nodal has four sensor components with the advantage of being able to capture more types of seismic waves. The addition of this technology is to complement the capabilities of Elnusa in seismic data acquisition services both on land, transition zones and the sea, according to the required data requirements. Another nodal advantage in oil and gas exploration is that it can be used independently, does not require autonomous recording, and can be adapted to various exploration needs.

“The development of this capability certainly completes Elnusa’s capabilities in seismic data acquisition services. With increased capability and more than 45 years of experience, we are confident that we can support the improvement of national capacity, “Arief added.

Elnusa has begun using nodals in the transition zone seismic surveys in the South West Matindok and South East Senoro Blocks. The survey activities for the two blocks were completed on time in December 2018 and March 2019. With various nodal advantages, the oil and gas exploration survey proved to be more effective and efficient.

“Acquisition of nodal seismic data has not been done in Indonesia. Elnusa is one of the pioneers in the use of this technology. With this new capability, Elnusa is one of the most comprehensive capabilities of land and sea seismic data acquisition services in Indonesia and Southeast Asia.” Close Arief. ***

Annual GMS: Elnusa Distributes IDR 69 Billion Dividend from Net Profit

Jakarta, 11 April 2019PT Elnusa Tbk (Elnusa), a leading company providing energy services, at the 2018 Annual General Meeting of Shareholders (AGMS) reported the performance of the financial year ending on December 31, 2018 with positive results. This year’s performance was well realized on the portfolio diversification strategy with a focus on non-asset based upstream oil and gas services and energy logistics & distribution services.

Operating revenues grew 33%, from 4.9 trillion in 2017 to Rp6.6 trillion in 2018. Net income grew 12% from Rp247 billion to Rp276 billion. This achievement shows that Elnusa continues to grow well.

For this positive result, the AGM agreed to distribute dividends of 25% of net income, or IDR 69 billion. From this value, the dividend per share is around IDR 9,465 and is planned to be paid no later than the beginning of May 2019.

In addition, the AGM also approved changes in the composition of the Company’s management, members of the Board of Commissioners and Directors. Head of Corporate Communications Elnusa – Wahyu Irfan said, “There is a change of two members of the Board of Commissioners and the President Director of the Company. The AGMS agreed to appoint Anis Baridwan and Antonius Ratdomopurbo as Independent Commissioners and Commissioners, and Elizar P Hasibuan as the Company’s President Director. Position Director of Operations will be temporarily held by Director of Business Development, Arief Riyanto. “

The process and decisions that occur in this AGM are in accordance with the Financial Services Authority Regulation (POJK) number 32 / POJK.04 / 2014 concerning the Plan and Implementation of the Public Company GMS. The AGM was attended by PT Pertamina (Persero) as the controlling shareholder with 41.1% share ownership, 14.9% Pertamina Pension Fund, and the public. The number of shares present at this GMS reached 5.359 billion shares or represented 73.43% of the percentage present.

Elnusa highly appreciates the contribution of the entire Board of Commissioners and Directors who have completed their tenure and hopes that the new management structure will continue to oversee Elnusa’s performance even better. So that, effective since the closing of the AGMS, the composition of the Company’s management is as follows:

BOARD OF COMMISSIONERS
President Commissioner          : Narendra Widjajanto
Commissioner                    : Eman Salman Arief
Commissioner                    : Antonius Ratdomopurbo (New)
Independent Commissioner        : Lusiaga Levi Susila
Independent Commissioner        : Anis Baridwan (New)
BOARD OF DIRECTORS
President Director              : Elizar Parlindungan Hasibuan (New)
Finance Director                : Hery Setiawan
HR & General Director           : RM. Happy Paringhadi JS
Director of Business Development concurrently Director of Operations: Arief Riyanto

Annual Pertamina Quality Award 2019 Elnusa Achieves Seven Wards

Jakarta, March 21, 2019 – PT Elnusa Tbk (Elnusa) achieved seven awards at the Annual Pertamina Quality (APQ) Awards held by PT Pertamina (Persero), March 18-20 2019 at Office Pertamina, Jakarta. The event is an innovation award for the best performed by employees from different business units and subsidiary of Pertamina in the implementation of the four pillars of Quality Management. The theme of the event this time is “Quality Personnel Synergizes Business Innovation and Digitization to Respond to the Era of Industrial Revolution 4.0″.

161 CIP groups participated in the APQ Awards this year. The competition also included 28 Expo CIP groups, 15 Breakthrough Projects, and 20 Initiative Strategies.

In this competition, Elnusa successfully obtained seven awards. Here are the awards:

 1. Special Recognition CIP Replication (Appreciation for efforts to replicate existing CIP results is used throughout the scope of the company’s operations)

2. Platinum Category CIP Award – PC Prove Laut Biru (Increased speed of the installation process of the modular crane unit boom through the manufacture of smart boom basket on the project modular crane.)

3. Gold Category CIP Award – PC Prove ECMA (Increased coaching and mentoring activities in the Elnusa environment using ECMA digital applications)

4. Gold Category CIP Award – PC Prove Gorong Gorong (Mapping of rock structures Padang toll tunnel project by using an alternative source of portable vibrating air gun)

5. Gold Category CIP Award – PC Prove Losmen (Preparation of personnel monitoring devices, in order to cope with missing persons on land seismic survey activities in remote areas)

6. Gold Category CIP Award – PC Prove Melisa (Innovation utilization of big data technology with media methods of data analysis)

7. Gold Category CIP Award – I Prove Isves (Efficiency the ship’s private positioning system with an independent vessel monitoring system based on IoT (Elves Tracking) at seismic marine projects)

CIP Elnusa was awarded the 2019 Award APQ already passed through various stages of competitions, ranging from internal competition to selection on Upstream Improvement & Innovation Awards (UIIA) 2018 Pertamina. This award is proof that Elnusa continues the culture of innovation and improvisation.

Elnusa Joins Corporate Innovation Alliance to Accelerate Innovation Management

Jakarta, March 20, 2019. Embracing disruption era, PT Elnusa Tbk (Elnusa) strives to agilely innovate and generate better value for customers. One of its efforts is to join alliance with companies from various industries in form of Corporate Innovation Alliance (CIA).

The forming background of this alliance is due to many internal barriers in innovation. The larger a corporation is, the more internal obstacles that need to be faced in creating change. This alliance is a mutual forum between companies for sharing any innovation barriers and best practices to solve those obstacles.

Hery Setiawan, Finance Director Elnusa said, “Elnusa welcomes this alliance’s initiative. We hope Elnusa could have learning experiences from CIA companies to accelerate in the future”.

Corporate Innovation Alliance is companies alliance with developing innovations concern. Member of this alliance consists of Telkomsel, Indosat Ooredo, Elnusa, HM Sampoerna, Angkasa Pura II and Kompas Gramedia. The ceremonial commitment of this alliance was held on Tuesday (3/19), in the event of Amigo Innovation Summit at Telkom Landmark Tower, Jakarta. *

Elnusa Sends Six Teams to Annual Pertamina Quality (APQ) Awards 2019

PT Elnusa Tbk (Elnusa) this morning participated in Annual Pertamina Quality (APQ) Awards 2019 held by PT Pertamina Persero (Pertamina). The purpose of this event is to create a culture of continuous improvement (Continuous Improvement Program) at Pertamina Group. The event was opened by President Director of Pertamina, Nicke Widyawati, which lasted for three days from March 18-20 2019 at the Pertamina Pusat office, Jakarta.

In his speech, Nicke said “APQ Awards Pertamina in 2019 showed consistency in building a culture of innovation and improvement. On a strategic level there are strategic initiatives (SI) and Breakthrough Project (BTP), while at the operational level, there is the Continuous Improvement Program (CIP) “. This is in line with the theme of the 2019 APQ Awards namely “Quality Synergy Personnel Conducting Innovation and Digitizing Businesses to Respond to the Era of Industrial Revolution 4.0″. The theme this year there are five points, namely Insan Quality, Synergy, Innovation, Digitization, and responsive.

Director of Investment Planning and Risk Management Pertamina, Heru Setiawan conveyed in the report was selected as many as 161 CIP best that competed consisted of 155 group presentations CIP and 6 cluster replication, 28 cluster Expo CIP, 15 BTP, and 20 SI, with value creation increased IDR 10 Trillion compared to APQ 2018.

This year Elnusa sent six of its best clusters to compete in this event, which consisted of PC-Prove ECMA, PC Prove Laut Biru, PC Prove Gorong-Gorong, PC Prove Melissa , PC Prove Lossmen, and I-Prove Isves. In addition, Elnusa also follows the event expo to introduce the results of CIP Elnusa.

Elnusa Provides Permanent Residential & Clean Water Facilities for Victims of Natural Disasters in Central Sulawesi

Central Sulawesi, March 5, 2019 – PT Elnusa Tbk (Elnusa), a leading energy services company, has begun to submit permanent housing for victims of natural disasters in Central Sulawesi. The surrender of this residence is a series of Elnusa social care that began in September 2018. In addition, Elnusa also handed over clean water well facilities that had been built previously.

President Director of Elnusa, Tolingul Anwar said, “The provision of permanent housing and clean water well facilities is a realization of our commitment to care for victims of natural disasters in Palu, Sigi and Donggala, Central Sulawesi. Hopefully what we provide can be best utilized by the victims. “

Since the occurrence of natural disasters, Elnusa has made every effort to provide emergency response assistance. Not only logistical and medical assistance, but support for the Government and Pertamina in restoring fuel distribution through PT Elnusa Petrofin, to sending trauma recovery volunteers. Total assistance that has been and will be delivered includes 25 clean water well facilities and 16 permanent housing units. The symbolization of the delivery of aid was carried out in Sigi Regency, Central Sulawesi, today.

“We thank all parties who have the pleasure to collaborate in the concern for the victims of this natural disaster. Hopefully, these efforts can help alleviate our brothers in Central Sulawesi, “concludes Tolingul. ***

Elnusa Supports Smart City Water Management in Tangerang City Based on IoT

Tangerang, 25 February 2019 - PT Elnusa Tbk (Elnusa), developed a smart water meter and smart power meter to support water management in Tangerang City. This internet of things (IoT) based system is a solution to reduce the level of water loss or non-revenue water (NRW) of water supply companies and make it easier for people to regulate water use at home.

Elnusa’s Director of Business Development, Arief Riyanto said, “We developed this technology to facilitate monitoring of water distribution both on the water supply company and the community. Through this system, water supply companies can monitor in real-time and online the distribution process, the level of water loss can be controlled and water management is better “.

Elnusa works with PT Moya Tangerang as a water producer, and PDAM Tirta Benteng Kota Tangerang, which is a clean water distribution business unit for the people of Tangerang City, in supporting this smart city for water management. This cooperation is stated in a proof of concept (PoC) agreement, located in the PDAM office, Tangerang City, today.

“This partnership is a synergy between the government and companies to improve services to the public. IOT technology development that we do, is the willingness to support the smart city in Indonesia, and starting in Tangerang city “, said Arief.

There are five advantages to IoT technology that are being developed, namely the trend in water requirements can be estimated in real-time and online; water loss can be monitored quickly and precisely; water management at saturation time can be mitigated; make it possible to determine the water selling value based on the time of use; and for the community, this system facilitates monitoring water use at home.

“Elnusa through its total solution continues to develop various innovations to increase national capacity. Smart water meter and smart power meter are solutions that we offer to facilitate the management of water supply to customers. We hope this IoT technology can support the improvement of service to the community, “Arief concluded. *