JAKARTA, RAKYAT NEWS – PT Elnusa Tbk (ELSA), a leading energy services company in Indonesia, has announced a capital expenditure (capex) allocation of Rp 594 billion for 2025.

The majority of the funds, approximately 57%, will be directed toward upstream investments and supporting services, while 31% will go to energy distribution and logistics, and the remaining 12% will be allocated to non-project activities and new business development. This strategic move underscores Elnusa’s commitment to strengthening its position in the energy sector.

Elnusa is also making strides in developing local technologies, particularly in pipeline cleaning and inspection through a process known as pigging.

The company utilizes Pipeline Inspector Gauges (PIGs) to clean and inspect pipelines, ensuring operational efficiency. Additionally, Elnusa has introduced Foam PIG, a key material for pipeline cleaning, and is innovating with technologies like the Binary Heat Exchanger for Geothermal, Inflow Control Device, and Ecolift Hydraulic Pumping Unit to optimize idle wells. These advancements are part of Elnusa’s collaboration with PT Pertamina Geothermal Energy Tbk (PGEO) to support sustainable energy initiatives.

Elnusa is actively contributing to Indonesia’s energy transition by developing Battery Charging Stations for electric vehicles and implementing Carbon Capture Utilization & Storage (CCUS) technology. These efforts align with global trends toward cleaner energy and demonstrate Elnusa’s dedication to reducing carbon emissions while maintaining energy security.

In 2024, Elnusa achieved solid operational performance, particularly in the upstream oil and gas sector. The company enhanced its services in Geoscience & Reservoir Services, Drilling & Workover Services, and Well Intervention Services, which significantly contributed to optimizing oil and gas production. Elnusa completed 18 exploration and seismic survey projects, including 2D and 3D seismic surveys, topographic surveys, and hydraulic dilation, showcasing its technical expertise.

Elnusa also made significant progress in drilling and well maintenance, completing 73 projects that included hydraulic workover, well cementing, and logging services. These achievements highlight the company’s capability to deliver comprehensive solutions in the oil and gas sector, ensuring efficient and sustainable operations.

In the Engineering, Procurement, and Construction (EPC) sector, Elnusa executed 21 active projects, covering water pumping services, drilling support, booster pump installation, and operation and maintenance of oil and gas facilities. Additionally, its subsidiary, Elnusa Petrofin, managed 31 projects involving the transportation of fuel and non-fuel, depot management, and distribution of fuel and chemicals, further solidifying Elnusa’s role in national energy distribution.

Elnusa achieved a significant milestone in optimizing oil production at the PPS-X19 well through the integration of velocity string and Sliding Sleeve Door (SSD) technologies. This innovation increased production from 442 barrels of oil per day (BOPD) to 1,418 BOPD, marking a groundbreaking achievement in onshore oil field operations. The company also played a key role in discovering new oil reserves in Sumatra through advanced seismic data processing, demonstrating its ability to leverage innovative methods for resource exploration.

Looking ahead, Elnusa completed a seismic survey in a coal mining concession area in Tanah Laut, South Kalimantan, in early 2025, following its initiation in late 2024. This project reflects the company’s ongoing efforts to expand its exploration capabilities and contribute to Indonesia’s energy resilience. With its robust capex allocation, innovative technologies, and strong operational performance, Elnusa is well-positioned to play a pivotal role in Indonesia’s energy sector in the years to come. (Uki Ruknuddin)

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