14 March 2022

Exploration Alignment Program at PT Pertamina Hulu Energi with PT Elnusa Tbk

Jakarta, March 14, 2022 – PT Elnusa Tbk (Elnusa) which is a subsidiary of PT Pertamina Hulu Energi (PHE) held a Focus Group Discussion (FGD) in Jakarta by offline on March 10, 2022. Elnusa's subsidiary PT Elnusa Trans Samaudera (ETSA) was also involved in the event.

FGD with theme "Alignment of Exploration Program at PHE through Total Elnusa Solution" was a form of synergy spirit in the PHE environment and also follows up on the results of previous meetings where Elnusa with its capacity in the Geoscience survey business can contribute to the success of exploration programs at PHE.

The participants consisting of Elnusa related parties, namely Marketing Sales, Oil Field Service (OFS), ETSA and PHE Exploration Function also Region 1 - 5 Exploration Team. The event was opened by PHE Management representative Agung Prasetyo as Vice President of New Ventures. Agung in his speech conveyed that this FGD became one form of collaboration and synergy between PHE and its subsidiaries. "Synergy is done by filling each other, accelerating and strengthening each other so that it can make high profits," agung said.

On the same occasion, Ratih Esti Prihatini as Director of Elnusa Business Development revealed that from this synergy it is possible for Elnusa to invest the best to support the sustainability of Elnusa's business activities in the future. "We hope that this kick off meeting can synergize to produce a good work plan to achieve short-term and long-term targets," said Ade.

Through its portfolio diversification strategy which is a sustainable flagship business strategy, Elnusa in the upstream oil and gas services segment continues to increase its capability and capacity to continue to play an active role in supporting PHE in realizing the target of increasing national oil production of 1 million barrels per day (BOPD) and natural gas of 12 billion standard cubic feet per day (MMscfd) by 2030.

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