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.

Petrosea has begun operations at various new mining projects located in Central Kalimantan. Initial excavation activities, referred to as “first cut operations,” were launched at PT Multi Tambangjaya Utama in Barito Selatan on September 2, 2024. Another project at PT Pasir Bara Prima in Kapuas started its first cut on September 8, 2024.

These first cut operations represent the initial phase of mining, involving the excavation of soil and rock to access underlying mineral deposits. Iman emphasized the importance of these activities in establishing a solid foundation for future mining operations.

He mentioned that first cut activities are also underway at several other new mining service projects in Central Kalimantan. This expansion reflects Petrosea’s commitment to enhancing its operational capabilities in the region.

Petrosea’s strategic focus on infrastructure acquisition and investment in new equipment positions the company to strengthen its role as a key player in the mining sector, paving the way for future growth and increased service offerings. (Uki Ruknuddin)