el$a @PERTAM1NA … 0203201empat_070515


catatan analis soal ELNUSA / elsa

Jakarta. Perusahaan penyedia jasa energi PT Elnusa Tbk (ELSA) mendatangkan satu kapal tongkang (accomodation work barge/AWB) baru untuk Blok Delta Mahakam, Kalimantan Timur. Dengan demikian, perseroan akan mengoperasikan sebanyak total delapan unit AWB di blok tersebut tahun ini.

Head of Corporate Communications Elnusa Sri Purwanto mengatakan, pihaknya menghadirkan kapal tongkang dengan konsep eco-green systems pertama di Indonesia. Tongkang yang diberi nama Elnusa Samudera 8 (ELSA-8) ini telah diangkut dari Pelabuhan Tanjung Uncang, Batam, menuju Kalimantan pada Rabu, 5 Mei 2015.

“ELSA-8 akan memberikan berbagai pelayanan pekerjaan seperti hydraulic workover, cementing, maupun slickline services. Barge ini adalah akomodasi kedua Elnusa yang mampu menampung 66 pekerja di proyek, sehingga menghemat konsumsi BBM untuk aktivitas transportasi pekerja,” kata Sri dalam keterangan resmi yang diterima Beritasatu.com, Kamis (7/5).

Dengan keunggulan itu, tambah Sri, penambahan unit AWB baru diharapkan dapat meningkatkan kinerja perseroan. Sesuai rencana, kapal baru ini akan mulai beroperasi pada Juni 2015.

Sebagai AWB eco-green pertama di Indonesia, ELSA-8 ramah lingkungan dan dapat mereduksi emisi karbon. Kapal ini menggunakan panel surya sebagai sistem penerangan alternatif yang dipasang pada seluruh ruang mesin dan navigasi. Selain itu, kapal juga didesain khusus dengan generator mesin yang harus memanfaatkan biodiesel sebagai sumber energi.

Lebih jauh, barge dirancang dan dibuat oleh tenaga kerja Indonesia. Kapal ini juga dibuat dengan menyesuaikan kebutuhan operasional Total E&P Indonesie, klien Elnusa di blok Delta Mahakam.

“Kepercayaan Total selama lebih dari seperempat abad menunjukkan bahwa perseroan memiliki kompetensi dan layanan jasa yang baik, sehingga terus dipercaya sebagai subkontraktor jasa migas di Delta Mahakam,” ujarnya.

Sepanjang kuartal I – 2015, Elnusa berhasil mengantongi kontrak baru senilai US$ 344 juta. Kontrak ini berasal dari gabungan penyediaan jasa drilling dan oilfield services maupun land seismic services.

“Dari besaran tersebut sekitar 75 persen atau US$ 256 juta berasal dari jasa drilling and oil field services dan US$ 88 juta berasal dari seismic services,” Sekretaris Perusahaan Elnusa Fajriyah Usman, baru-baru ini.

Sementara itu, pertumbuhan laba bersih selama tiga bulan pertama tahun ini tercatat sebesar 20,31 persen, yakni menadi Rp 65,16 miliar dibandingkan periode sama tahun lalu sebesar Rp 54,16 miliar. Adapun pendapatan tercatat sebesar Rp 925 miliar atau naik tipis 0,76 persen dibandingkan kuartal I – 2014 senilai Rp 918 miliar.

http://www.beritasatu.com/pasar-modal/271967-elnusa-datangkan-kapal-tongkang-baru-untuk-blok-delta-mahakam.html
Sumber : BERITASATU.COM

Jumat, 28/02/2014 20:43 WIB
Pertamina Sumbang Dividen Rp 9,5 Triliun Untuk Negara
Advertorial – detikNews

Jakarta – Pertamina terus meraksasa dengan sejumlah kinerja dan kontribusi positif bagi negara sepanjang tahun 2013 lalu. Hal ini didukung oleh makin baiknya

kinerja operasional hulu

, yang ditandai dengan peningkatan produksi migas Pertamina selama lima tahun terakhir. Meski produksi minyak nasional tengah lesu, Pertamina berhasil mencatatkan produksi minyak sebanyak 202 ribu barel per hari dan gas sebesar 1.528 mmscf per hari.

Untuk semakin mendorong pertumbuhan produksi minyak dan gasnya, Pertamina tidak hanya mengandalkan produksi di dalam negeri. Pertamina kini mulai membangun kapabilitas operasi di luar negeri dengan mengakuisisi Blok 405A Aljazair dan Blok West Qurna 1.

Selain sektor hulu, sektor niaga gas, pengolahan dan hilir juga turut mendukung kinerja positif Pertamina di tahun 2013. Ekspansi usaha terus dilakukan Pertamina, salah satunya dengan produk pelumas Pertamina yang telah mendunia. Salah satunya Pertamina Fastron Series yang kini sudah dapat ditemukan di 24 negara.

Produk pelumas Pertamina kini tak hanya bersaing di pasar Asia, tetapi juga telah menjangkau Eropa melalui Swiss. Ini menjadi bukti bahwa produksi anak bangsa tak kalah kualitas dan daya saingnya di pasar internasional.

Sebagai hasil, di tahun 2013 lalu Pertamina mencatatkan rekor pendapatan sebesar US$ 71,1 miliar atau Rp 743,11 triliun. Jumlah pendapatan di tahun 2013 ini meningkat dari pendapatan tahun sebelumnya sebesar US$ 70,9 miliar.

Laba bersih Pertamina di tahun 2013 pun mengalami peningkatan menjadi US$ 3,07 miliar atau Rp 32,05 triliun, yang berarti naik sebesar 11% dari laba tahun sebelumnya sebesar US$ 2,77 miliar. Rekor ini merupakan rekor tertinggi dalam sejarah Pertamina, walaupun masih menderita kerugian pada bisnis elpiji 12 kg, karena menjual di bawah biaya pokok produksinya.

Melihat kinerja tersebut, tak heran jika satu-satunya perusahaan energi nasional di Indonesia ini masuk ke jajaran Top 122 perusahaan ternama di dunia dalam Fortune Global 500. Sebuah prestasi yang patut dibanggakan oleh Indonesia.

Berkat kinerja yang baik di tahun 2013 lalu, Pertamina juga turut memberi kontribusi positif bagi pendapatan negara dengan menyetor Rp 78,22 triliun, yang terdiri dari dividen Rp 9,5 triliun dan setoran pajak Rp 68,72 triliun. Jumlah setoran dividen dan pajak pada tahun 2013 lalu meningkat 18,21% dibandingkan tahun 2012 yang jumlahnya Rp 66,17 triliun.

Peningkatan kontribusi Pertamina terhadap penerimaan negara tidak hanya di tahun 2013 saja. Selama lima tahun terakhir, kontribusi dalam bentuk ini telah mengalami peningkatan signifikan, yaitu sekitar 55,2%, dengan rata-rata pertumbuhan sebesar 11% per tahun.

Demi menjaga kelangsungan, Pertamina juga tak berhenti berinvestasi dengan menggelontorkan US$ 6,87 miliar atau Rp 71,8 triliun di 2013. Nilai investasi yang meningkat dua kali lipat dari realisasi di tahun 2012. Investasi ini juga sekaligus menjadi tabungan masa depan Pertamina demi mewujudkan aspirasi sebagai Asian Energy Champion 2025.

(adv/adv)

2010 PT Elnusa Tbk. divested its share holding in Elnusa Bangkanai Energy Ltd. and Elnusa Tristar Ramba Ltd.
Stocks ownership of PT Elnusa Tbk. changed. One of controlling Elnusa’s shareholders PT Tridaya Esta is acquired by PT Benakat Petroleum Energy Tbk.

History
PT Elnusa Tbk. was founded as PT Electronika Nusantara based on Indonesia Corporate Establishment Act No.18, dated 25th January 1969, Indonesia Corporate Capital Change No.10, dated 13th February 1969 as witnessed by notary Tan Thong Kie. Such establishment data was recorded at Republic of Indonesia Hall of Record No.35, Annex No.58, dated 2nd May 1969. PT Elnusa named by 9th September 1969.

Elnusa started as a state-owned oil and gas PT Pertamina’s operations support services company. Its services include maintenance and reparation of Pertamina’s vessel shipboard electronic communications equipment, navigational equipment and radar system. Oil tankers owned by other companies working under contract with Indonesia state-owned oil and gas companies were also part of Elnusa clientele.

In 1999, due to competitive and developing business demand and opportunity, Elnusa initiated an internal consolidation in an effort to streamline its operations and business activities. As a result of this consolidation, Elnusa had twelve business units, which were led and managed by the following three divisions:
1. Exploration and Production
2. Telecommunications and Information Technology
3. Patra Niaga

In 2001, Elnusa had its organizational structure restructured, which resulted in the transformation of its three business divisions to the following two directorates :

1. Directorate of Upstream Services
2. Directorate of Downstream Services
3. Non-Oil and Gas Services

In 2004, Elnusa initiated a business process re-engineering which involved mergers and acquisitions. As a result, in 2006 Elnusa had fourteen business affiliations and two business portfolios. Its two primary business focus then were:

1. Integrated oil and gas services
2. Telematics support services

In October 2007, Elnusa yet again restructured itself, this time in an effort to dedicate itself as Indonesia first integrated upstream oil and gas services company, providing a dedicated first-stop services in Indonesia upstream oil and gas services industry. Aside from horizontal consolidation, Elnusa’s four oil and gas services business affiliations were consolidated into its corporate structure as well.

PT Elnusa Tbk. was officially listed at the Indonesia Stock Exchange (Bursa Efek Indonesia) on 6th February 2008. With its own brand of professionalism, transparency, management and clean & trustworthy business ethics, PT Elnusa Tbk. was ready then to take on challenges, nationally, regionally and internationally. Today, PT Elnusa Tbk. is the leader in integrated upstream oil & gas services sector serving both national and multi-national clientele.

ELNUSA Lampaui Target Laba Bersih 2013 dan Investasi 2014 Meningkat 365%

Posted on December 2, 2013 by 

Jakarta, 28 November 2013 – PT ELNUSA Tbk (ELSA) optimistis dapat melampaui target laba bersih Rp138 miliar pada tahun ini dengan estimasi Rp160 miliar pada akhir tahun nanti. Hal ini dapat dilihat dari kinerja sampai kuartal ketiga tahun ini menunjukkan laba bersih Perseroan naik 48% dari Rp 79,5 miliar pada periode yang sama tahun lalu, menjadi Rp 117,8 miliar. Posisi total kas dan setara kas juga tumbuh 70% menjadi Rp 1,33 triliun dari Rp 785 miliar, dan kas bersih yang dihasilkan dari aktivitas operasi meningkat sebesar 69% menjadi Rp 650 miliar. Harga saham ELSA di Bursa Efek Indonesia juga bergerak positif (strong uptrend) hingga mencapai Rp320 per lembar saham pada penutupan 22 November 2013 dari semula Rp175 per lembar saham pada Januari 2013.

Untuk 2014, ELNUSA menargetkan laba bersih Rp185 miliar dengan proyeksi pendapatan sebesar Rp4,9 triliun. Tahun 2014 dicanangkan olen Manajemen ELNUSA sebagai Tahun Pengembangan (Year of Development) sebagai kelanjutan dari berhasilnya program Turnaround Perseroan dan penetapan tahun 2013 sebagai Tahun Sumberdaya Manusia.

Dalam rangka Tahun Pengembangan tersebut, dana investasi yang dibelanjakan pada 2014 sebesar Rp1,2 triliun – meningkat 365% dibanding investasi tahun ini sebesar Rp328 miliar. Total dana investasi yang dikucurkan dalam lima tahun ke depan sebesar 398 juta dolar AS – termasuk Rp1,2 triliun tersebut – yang akan digunakan untuk memperkuat bisnis inti Perseroan dan ekspansi ke layanan jasa energi dengan tingkat resiko bisnis rendah dan sedang.

Arah strategi pengembangan bisnis ELNUSA ke depan adalah ‘value creation & customer based expansion’ (dengan penguatan di bisnis drilling & oilfield services, akselerasi pengembangan kontrak jangka panjang, peningkatan kualitas dan profesionalisme SDM) dan ‘business development in energy services’ (dengan menyediakan jasa solusi berkualitas tinggi di sektor energi dan bisnis terkait, memastikan profit tumbuh berkesinambungan dengan pengelolaan resiko bisnis level rendah sampai menengah, dan menyiapkan mitra bisnis strategis di sektor jasa energi). Strategi bisnisnya adalah dengan fokus pada bisnis inti sebagai pendorong, meningkatkan recurring income, serta pendapatan perseroan yang berkesinambungan dalam jangka panjang. Strategi bisnis Perseroan ini diharapkan dapat membentuk ELNUSA menjadi mitra bisnis yang terpercaya dan menguntungkan dalam pembangunan sektor energi khususnya sebagai penyedia solusi total jasa energi nasional.

Beberapa bidang bisnis yang akan dimasuki ELNUSA adalah bisnis energi baru dan terbarukan, pembangkit tenaga listrik, dan jasa logistik marine support. Kesemua bisnis yang dimasuki dipilih yang memiliki resiko bisnis rendah hingga menengah. Untuk menjamin dan menjadi platform guna mendukung arah bisnis Perseroan ini, selain memiliki bisnis inti yang kuat, ELNUSA juga telah, sedang dan terus mengembangkan daya saing SDM-nya dengan peningkatan kompetensi melalui pelatihan dan rekrutmen, mengoptimalkan organisasi perseroan, penerapan kultur baru perusahaan serta konsistensi revitalisasi corporate values Elnusa yaitu Clean, Respectful dan Synergy. Kompetensi, integritas, komitmen dan profesionalisme SDM ELNUSA adalah salah satu kunci keberhasilan bisnis ELNUSA masa datang, sesuai dengan visi baru Perseroan sebagai “trusted energy services provider’.*

The Industry Handbook: The Oil Services Industry

Filed Under:  

There is no doubt that the oil/energy industry is extremely large. According to the Department of Energy (DOE), fossil fuels (including coal, oil and natural gas) makes up more than 85% of the energy consumed in the U.S. as of 2008. Oil supplies 40% of U.S. energy needs. (Visit the U.S. Department of Energy’s Energy Sources information page for more insight.)Before petroleum can be used, it is sent to a refinery where it is physically, thermally and chemically separated into fractions and then converted into finished products. About 90% of these products are fuels such as gasoline, aviation fuels, distillate and residual oil, liquefied petroleum gas (LPG), coke (not the refreshment) and kerosene. Refineries also produce non-fuel products, including petrochemicals, asphalt, road oil, lubricants, solvents and wax. Petrochemicals (ethylene, propylene, benzene and others) are shipped to chemical plants, where they are used to manufacture chemicals and plastics. (For more insight, read Oil And Gas Industry Primer.)

There are two major sectors within the oil industry, upstream and downstream. For the purposes of this tutorial we will focus on upstream, which is the process of extracting the oil and refining it. Downstream is the commercial side of the business, such as gas stations or the delivery of oil for heat.

Oil Drilling and Services
Oil drilling and services is broken into two major areas: drilling and oilfield services.

  • Drilling – Drilling companies physically drill and pump oil out of the ground. The drilling industry has always been classified as highly skilled. The people with the skills and expertise to operate drilling equipment are in high demand, which means that for an oil company to have these people on staff all the time can cost a lot. For this reason, most drilling companies are simply contractors who are hired by oil and gas producers for a specified period of time. (For related reading, see Unearth Profits In Oil Exploration And Production.)In the drilling industry, there are several different types of rigs, each with a specialized purpose. Some of these include:
    • Land Rigs – Drilling depths ranges from 5,000 to 30,000 feet.
    • Submersible Rigs – Used for ocean, lake and swamp drilling. The bottom part of these rigs are submerged to the sea’s floor and the platform is on top of the water.
    • Jack-ups – this type of rig has three legs and a triangular platform which is jacked-up above the highest anticipated waves.
    • Drill Ships – These look like tankers/ships, but they travel the oceans in search of oil in extremely deep water.

(For more information on the drilling industry, check out on the Rigzone website.)

  • Oilfield Services – Oilfield service companies assist the drilling companies in setting up oil and gas wells. In general these companies manufacture, repair and maintain equipment used in oil extraction and transport. More specifically, these services can include:
    • Seismic Testing – This involves mapping the geological structure beneath the surface.
    • Transport Services – Both land and water rigs need to be moved around at some point in time.
    • Directional Services – Believe it or not, all oil wells are not drilled straight down, some oil services companies specialize in drilling angled or horizontal holes.

The energy industry is not any different than most commodity-based industries as it faces long periods of boom and bust. Drilling and other service firms are highly dependent on the price and demand for petroleum. These firms are some of the first to feel the effects of increased or decreased spending. If oil prices rise, it takes time for petroleum companies to size up land, setup rigs, take out the oil, transport it and refine it before the oil company sees any profit. On the other hand, oil services and drilling companies are the first on the scene when companies decide to start exploring.

Oil Refining
The refining business is not quite as fragmented as the drilling and services industry. This sector is dominated by a small handful of large players. In fact, much of the energy industry is ruled by large, integrated oil companies. Integrated refers to the fact that many of these companies look after all factors of production, refining and marketing.

For the most part, refining is a slow and stable business. The large amounts of capital investment means that very few companies can afford to enter this business. This handbook will try to focus more on oil equipment and services such as drilling and support services.

Key Ratios/Terms

BTUs: Short for “British Thermal Units.” This is the amount of heat required to increase the temperature of one pound of water by one degree Fahrenheit. Different fuels have different heating values; by quoting the price per BTU it is easier to compare different types of energy.

Dayrates: Oil and gas drillers usually charge oil producers on a daily work rate. These rates vary depending on the location, the type of rig and the market conditions. There are plenty of research firms that publish this information. Higher dayrates are great for drilling companies, but for refiners and distribution companies this means lower margins unless energy prices are rising at the same rate.

Meterage: Another type of contract that differs from dayrates is one based on how deep the rig drills. These are called meterage, or footage, contracts. These are less desirable because the depth of the oil deposits are unpredictable; it’s really a gamble on the driller’s part.

Downstream: Refers to oil and gas operations after the production phase and through to the point of sale, whether at the gas pump or the home heating oil truck

Upstream: The grass roots of the oil business, upstream refers to the exploration and production of oil and gas. Many analysts look at upstream expenditures from previous quarters to estimate future industry trends. For example, a decline in upstream expenditures usually trickles down to other areas such as transportation and marketing.

OPECThe Organization of Petroleum Exporting Countries is an intergovernmental organization dedicated to the stability and prosperity of the petroleum market. OPEC membership is open to any country that is a substantial exporter of oil and that shares the ideals of the organization. OPEC has 11 member countries. Output quotas placed by OPEC can send huge shocks throughout the energy markets.

Below is a chart of the world’s top exporters of petroleum. OPEC members are denoted by “*”. Indonesia and Qatar are also members, but they don’t make the top twelve.

Top World Oil Net Exporters, 2006
Country Net Exports (million barrels per day)
1) Saudi Arabia* 8.65
2) Russia 6.57
3) Norway 2.54
4) Iran* 2.52
5) United Arab Emirates* 2.52
6) Venezuela* 2.20
7) Kuwait* 2.15
8) Nigeria* 2.15
9) Algeria* 1.85
10) Mexico 1.68
11) Libya* 1.52
12) Iraq* 1.43
Source: Energy Information Administration

Analyst Insight
Analysts and investors often disagree on specific investment decisions, but one thing that they do agree on is their approach to analyzing energy companies. A top down investment approach is almost always the best strategy. We will go through the top down steps below. (For more insight, read A Top-Down Approach To Investing.)

Economics/Politics
The oil industry is easily influenced by economic and political conditions. If a country is in arecession, fewer products are being manufactured, not as many people drive to work, take vacations, etc. All of these variables factor into less energy use. The best time to invest in an oil company is when the economy is firing on all cylinders and oil companies are making so much money that using excessive amounts of energy themselves has little effect on their bottom line.

Some analysts believe that rather than analyzing energy companies, you should just predict the trend in energy prices. While more analysis is needed for a prudent investment than simply looking at price trends in oil, it’s true that there is a strong correlation between the performance of energy companies and the commodity price for energy.

Supply and Demand
Oil and gas prices fluctuate on a minute by minute basis, taking a look at the historical price range is the first place you should look. Many factors determine the price of oil, but it really all comes down to supply and demand. Demand typically does not fluctuate too much (except in the case of recession), but supply shocks can occur for a number of reasons. When OPEC meets to determine oil supply for the coming months, the price of oil can fluctuate wildly. Day-to-day fluctuations should not influence your investment decision in a particular energy company, but long-term trends should be followed more closely. You can find the latest energy supply/demand statistics at the Energy Information Administration.

Rig Utilization Rates
Another factor that determines supply is the rig utilization rates; its close relationship to oil prices is not a coincidence. Higher utilization rates mean more revenue and profits. For drilling companies, it is important to take a close look at the company’s rig fleet, because older rigs lack the ability to drill in remote locations or to bore deep holes. Some other factors to consider are the depth of water that the offshore rigs can drill in, hole depth and horsepower. Higher quality rigs will have higher utilization rates, especially during weak periods. This will lead to higher revenue growth. Sometimes this is a double-edged sword; while higher utilization is better, a company that is at its capacity will have difficulty increasing revenues further.

Contracts
The contracts through which an oil services company is paid also play a large role in supply. Pay close attention to the dayrates, as falling dayrates can dramatically decrease revenues. The opposite is true should dayrates rise. This is because many of the drillers’ costs are fixed.

Financial Statements
After these wide scale factors have been considered, it’s time to get down to the nitty gritty – the financials. And when it comes to the financials, the same old rules apply to oil services companies. Ideally, revenues and profits will be growing consistently, just as they do in any quality company. It’s worth digging deeper to see if there are any one-time events that have dramatically increased revenues. Also, the P/E ratio and PEG ratios should be comparable to others within the industry.

On the balance sheet, investors should keep an eye on debt levels. High debt puts a strain on credit ratings, weakening their ability to purchase new equipment or finance other capital expenditures. Poor credit ratings also make it difficult to acquire new business. If customers have the choice of going with a company that is strong versus one that is having debt problems, which do you think they will choose? To do a test for financial leverage, take a look at the debt/equity ratio. The working capital also tells us whether the company has enough liquid assets to cover short term liabilities. Rating agencies like Moody’s and S&P say 50% is a prudent debt/equity ratio. Companies in more stable markets can afford slightly higher debt/equity ratios.

If profits are of the utmost importance, then the statement of cash flow is a close second. Oil companies are notorious for reporting non cash line items in the income statement. For this reason, you should try to decipher the cash EPS. By stripping away all the non-cash entities you will get a truer number because cash flow cannot be manipulated as easily asnet income can. (For further reading, see Advanced Financial Statement Analysis.)

Porter’s 5 Forces Analysis

  1. Threat of New Entrants. There are thousands of oil and oil services companies throughout the world, but the barriers to enter this industry are enough to scare away all but the serious companies. Barriers can vary depending on the area of the market in which the company is situated. For example, some types of pumping trucks needed at well sites cost more than $1 million each. Other areas of the oil business require highly specialized workers to operate the equipment and to make key drilling decisions. Companies in industries such as these have higher barriers to entry than ones that are simply offering drilling services or support services. Having ample cash is another barrier – a company had better have deep pockets to take on the existing oil companies.
  2. Power of Suppliers. While there are plenty of oil companies in the world, much of the oil and gas business is dominated by a small handful of powerful companies. The large amounts of capital investment tend to weed out a lot of the suppliers of rigs, pipeline, refining, etc. There isn’t a lot of cut-throat competition between them, but they do have significant power over smaller drilling and support companies.
  3. Power of Buyers. The balance of power is shifting toward buyers. Oil is a commodity and one company’s oil or oil drilling services are not that much different from another’s. This leads buyers to seek lower prices and better contract terms.
  4. Availability of Substitutes. Substitutes for the oil industry in general include alternative fuels such as coal, gas, solar power, wind power, hydroelectricity and even nuclear energy. Remember, oil is used for more than just running our vehicles, it is also used in plastics and other materials. When analyzing an energy company it is extremely important to take a close look at the specific area in which the company is operating. Also, companies offering more obscure or specialized services such as seismic drilling or directional drilling tools are much more likely to withstand the threat of substitutes. (For more on oil substitutes, see The Biofuels Debate Heats Up.)
  5. Competitive Rivalry. Slow industry growth rates and high exit barriers are a particularly troublesome situation facing some firms. Until quite recently, oil refineries were a particularly good example. For a period of almost 20 years, no new refineries were built in the U.S. Refinery capacity exceeded the product demands as a result of conservation efforts following the oil shocks of the 1970s. At the same time, exit barriers in the refinery business are quite high. Besides the scrap value of the equipment, a refinery that does not operate has no value-adding capability. Almost every refinery can do one thing – produce the refined products they have been designed for.

Core Competence

Geophysical Data Services

Geophysical Data Services acquires, processes and stores data obtained by seismic-based methods and equipment employed and operated on land, in transition zone (shallow water/mangroves) and marine. Being the pioneer in geophysical data services in Indonesia Elnusa controls a major of geophysics operations in indonesia. Elnusa’s Geoscience Division has also been actively operating in Asia and Middle East.

Geophysical Data Services

Our detailed services cover:

  • Geodata Acquisition Land
  • Geodata Acquisition Transition Zone & Marine
  • Geodata Processing

 

 

Drilling Rig Services

Drilling Rig Services provides integrated drilling solution which includes drilling management, drilling equipment procurement and provision. Elnusa proud to own and operate Asia Pacific’s first fully-automatic Modular Rig.

Drilling Rig Services

Integrated service or per segment detail that we provide are as follows:

  • Drilling Rig Services with Modular Rig 1600 HP

 

 

Oilfield Services

Oilfield Services provides oil & gas well services, production facility enhancement and drilling support services.Our business lines has been trusted by loyal multinational customers for 25 years, continued with our best equipment.

Oilfield Services

Complete Services in Oilfield Services are:

  • Hydraulic Workover Services
  • Wireline/Slickline Services
  • Production Testing Services
  • Coiled Tubing Services
  • Pumping & Cementing
  • Completion Services
  • EPC, O&M Oil/Gas Production Facilities
  • EPC, O&M Oil/Gas Pipeline
  • Optimization Production Facilities
  • Supply & Logistic Base (Shore Base)
  • Hazardous Gas Monitoring and Fuel Consumption Monitoring
  • Wireline Logging & Perforating
  • Mud-logging & H2S Safety Services

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