JAKARTA, RAKYAT NEWS – PT Petrosea Tbk’s subsidiary, PT Petrosea Infrastruktur Nusantara (PIN), is currently in the process of acquiring mining infrastructure assets. The company is evaluating several potential assets to enhance its strategic position in the mining sector.

Petrosea is an Indonesian company primarily involved in mining, infrastructure, and oil and gas services. Established in 1972, it offers a range of services including engineering, procurement, construction, and operations for various sectors, particularly mining.

The company is known for its expertise in providing integrated solutions and has built a strong reputation in the industry. Petrosea is also associated with Prajogo Pangestu, one of Indonesia’s wealthiest individuals, and focuses on expanding its capabilities through strategic acquisitions and investments.

Petrosea’s Director, Kartika Hendrawan, shared her optimism regarding these acquisitions. She emphasized that strengthening their mining, infrastructure, and oil & gas services is crucial for the company’s future growth.

“This, along with several organic assets we plan to develop, will bolster our future prospects,” she stated.

To facilitate this expansion, Petrosea has allocated a substantial capital expenditure (capex) budget of approximately $400 million, equivalent to around Rp 6 trillion.

The company, affiliated with Indonesia’s wealthiest individual, Prajogo Pangestu, is set to invest in new mining equipment as part of its broader growth strategy.

Iman Darus Hikhman, Director of Mining and Mine Services, revealed that the first phase of equipment procurement has already commenced. Major suppliers for this phase include PT United Tractors Tbk and PT Trakindo Utama. “This equipment purchase is essential for our new mining service projects,” he noted.