Elnusa and Pertamina EP Distribute Aid to Victims Floods in Banggai

Banggai, July 22, 2019 - PT Elnusa Tbk (Elnusa) and PT Pertamina EP (PEP) channel aid to communities affected by floods in several villages in Banggai, Central Sulawesi (07/19/19). While the affected areas are Toili and Moilong sub-districts, Banggai Regency – Central Sulawesi. Assistance distributed is basic needs such as basic needs and other basic necessities.

The submission of this assistance was handed over by the Chairperson of Elnusa Hadi Hermawan and PEP Field Supervisors to the affected communities, and was sent to the Sentralsari Village of Toili Sub-district which was received by the head of the Toili village head, Darsono (07/19/19), in another village in Arga Kencana Village distributed 100 parcels of staple food to 22 heads of families represented by the Head of Arga Kecana Village, Paidi. On Saturday, July 20, 2019 the distribution of gifts was given to the community in Mulyo Harjo Village, Moilong Subdistrict, as many as 100 food packages.

Elnusa’s Head of Public Relations, Eko Bayu Suseno requested that the assistance provided could provide benefits and help alleviate the burden on the people who currently need disaster. This assistance is part of Elnusa’s Corporate Social Responsibility (CSR) program.

“The assistance provided is a form of Elnusa’s and PEP’s social care for the environment, we agree with the help of residents who use floods in the Toili and Moilong areas.” Said Bayu.

Hopefully the assistance channeled by Elnusa and PEP can ease the burden of flood victims and provide benefits to the community in the Toili and Moilong Subdistricts – Banggai District.

Elnusa Received an Award from the Directorate General of Land Transportation

Jakarta, 25 Juni 2019 - PT Elnusa Tbk through its subsidiary PT Elnusa Petrofin (EPN) again won recognition for the superior operational performance of stakeholders. EPN was awarded the Role of the Model of Dangerous Goods Transport Companies that implemented the Public Transportation Safety Management System from the Directorate General of Land Transportation of the Ministry of Transportation of the Republic of Indonesia.

The award received on Friday (6/21/2019) is an appreciation of EPN’s efforts in maintaining the safety and security of transportation or transportation activities of dangerous goods.

According to Sigit Irfansah, Director of Land Transportation Facilities at the Ministry of Transportation, in addition to being a token of appreciation to EPN, this award is also expected to be able to motivate companies and transport businesses of dangerous goods throughout Indonesia.

“Currently there are around 900 business sectors engaged in transportation activities of transporting dangerous goods, but there are still a few who apply the standards of Public Transportation Safety Management Systems. Hopefully the company chosen to be a role model is an example and can invite other companies to implement Transport Safety Management Systems. “General is good and right in its operational activities,” said Sigit on the sidelines of the event.

Meanwhile, President Director of EPN, Haris Syahrudin, revealed that the implementation of the Public Transportation Safety Management System to transport dangerous goods is mandatory for companies engaged in the business of transporting goods. “This is part of the company’s performance that prioritizes safety aspects in carrying out our activities,” Haris said.

In addition to EPN, PT Pertamina Patra Niaga, Puninar Fueller, PT PPLI, PT BCS Logistics were also selected as Role Models of Dangerous Goods Transport Companies that implement the Public Transport Safety Management System.

Elnusa was appreciated by SOCO Exploration (Vietnam) Ltd for completing the 2D Marine Seismic Survey on the Indochina Peninsula

Ho Chi Minh City, 18 June 2019 - PT Elnusa Tbk (Elnusa) received an award from SOCO Exploration Vietnam Ltd (SOCO) for completing the Marine 2D Seismic & Magnetic Data Acquisition Survey on the Indochina Peninsula, Vietnam. This award was given directly by SOCO General Manager Vincent Duignan to President Director of Elnusa, Elizar P Hasibuan, who was handed over directly to the SOCO Operations Office, today (18/06).

At the closing ceremony of the project, Vincent Duignan said, “We thank you for completing this marine seismic survey. Elnusa team is very professional, capable of carrying out work on target, without loss of work time (LTI) and capable of producing excellent seismic data quality. “

Welcoming the appreciation, Elizar P Hasibuan expressed his gratitude for the award given. “The collaboration of this seismic survey is the first time between Elnusa and SOCO. We are grateful for the trust that has been given. Hopefully, Elnusa and SOCO can continue to work together and grow together in the future.”

Elnusa successfully completed the project faster than the duration stated in the contract. The success of this project is a matter of pride because it succeeded in shipping Indonesian-flagged seismic vessels, as well as proving that Elnusa has competent competencies to carry out oil and gas exploration abroad. In addition, these good results can be realized through the diversification of the Elnusa Group portfolio. In this case, Elnusa involved Elnusa Trans Samudera (ETSA) which is a subsidiary of Elnusa which has competence in marine support as well as vessel operator Elsa Regent.

Elsa Regent is the most sophisticated seismic ship in Indonesia currently headed by and manned by 100% native Indonesian. Elsa Regent has a capacity of up to 12 streamers with a length of each streamer reaching 10 km, making it ideal for carrying out seismic survey work in wide and deep ocean areas. Elsa Regent is able to produce subsurface 3D seismic images with very high quality and accuracy, capable of recording data when turning so that it is time and cost efficient, data recording can be carried out continuously and can produce raw data that can be processed directly.

At present, Elsa Regent is supporting Pertamina Hulu Energi to conduct a marine seismic survey in the North Sumatra Offshore Block. This work is a form of synergy between Pertamina Group and is expected to be completed in 21 days.

With a long experience of 50 years, Elnusa is increasingly establishing itself as an energy services company that is able to provide total solutions to customers. Elnusa, total solution energy services company. ***

Elnusa Supports North Sumatra Offshore Block Oil and Gas Exploration

Jakarta, June 17, 2019. PT Elnusa Tbk (Elnusa) starts 2D marine seismic surveys in the Andaman Sea North Sumatra Offshore (NSO) Block, Aceh Province. Previously, Elnusa had completed a marine survey also at the end of May 2019, the Indochina Peninsula, Vietnam.

This marine seismic survey also uses Elsa Regent, an Indonesian-flagged seismic survey vessel were 100% operated by Indonesian. Elsa Regent will wade through the northern waters of Indonesia which borders Thailand and Malaysia for 21 days with a total length of survey paths 1800 km. The project’s kick-off meeting was held on Thursday (13/06) in Elsa Regent, Batam, Riau Islands.

Director of Operations Elnusa, Arief Riyanto stated, “This survey is the 9th survey using Elsa Regent seismic vessels since 2016. The client’s trust has proven that Elnusa has the competence and experience to support the implementation of marine seismic surveys. We hope we can continue  to deliver the best results with maintained HSSE performance. “

Elnusa has been active for 50 years in providing energy services and contributing to the country. Elnusa, total solution energy services company.***

Support “Satgas RAFI 2019″: Elnusa Commits to Successful Pertamina Fuel Distribution

Jakarta, 29 May 2019 – PT Elnusa Tbk (Elnusa) through its subsidiary PT Elnusa Petrofin (EPN) is again trusted by PT Pertamina (Persero) as part of Satuan Tugas Ramadan dan Idul Fitri (Satgas RAFI) 2019. The task force’s duties and responsibilities are guaranteeing the availability and smoothness of Pertamina’s fuel distribution during Ramadan and Eid al-Fitr. Kick-off Satgas RAFI 2019 was held on Thursday (23/5), at the Puskodal Room, Pertamina Head Office, Jakarta.

President Director of EPN, Haris Syahrudin explained, “EPN involves more than five thousand Fuel Car (AMT) crew, distributing Pertamina BBM in almost all parts of Indonesia, except Java and managing more than 43 BBM terminals in Indonesia. Therefore, EPN is committed to supporting Pertamina as part of Satgas RAFI 2019 RAFI”.

In addition, Haris added that the occupational health and safety aspects are fundamental things that determine the smooth distribution of fuel. Therefore, EPN ensures that both AMT and fuel cars will operate in prime condition.

“We make sure the condition of AMT is fit to work and the fuel car is feasible to operate so that it can carry out the task optimally and optimally. To support this, the management immediately went down to escort the entire team to be able to carry out this mandate as well as possible.” He said.

Not only that, EPN has implemented the latest technology in supporting the effectiveness of BBM distribution by implementing the Operation and Distribution Information System (SIOD), the Mandiri Validation Platform, and the Terminal Automation System. All of these systems allow operational data to be recorded properly and automatically integrated with Pertamina’s MYSAP application. So that operational progress is monitored in real time so as to facilitate control of operational activities in the field.

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