Elnusa Wins Three Seismic Survey Contracts

Summary

PT Elnusa Tbk secured three new seismic survey contracts: 2D OBN seismic survey for South Area's data acquisition, processing, and reprocessing; 2D seismic data survey and processing of Java sub-volcanic vibroseis; and a 3D seismic survey on Pulau Panjang and Sungai Buluh, which stretches from North Sumatra to Aceh. The total trajectory of the 2D seismic survey project is 1,641 km, while the 3D seismic survey reaches 306 square km.

Ronny Hartanto, Elnusa's Director of Operations Concurrently Business Development Director, said that exploration projects signal that Indonesia's upstream oil and gas industry is starting to grow. This condition can open up new opportunities for Elnusa, which will positively impact the company's performance. "Strengthening the upstream oil and gas services. Of course, this is proof of Elnusa's support to the government for the oil production target of 1 million bopd [barrels oil per day] in 2030," he said in a written statement, Thursday.

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