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20230912_ELSA_Laporan Informasi dan Fakta Material_31409793_lamp2.pdf

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Narahubung:
Jayanty Oktavia Maulina (Anty)
Manager of Corporate Communications
Graha Elnusa 16th Floor, Jl. TB Simatupang Kav. 1B, Jakarta 12560
Tel: (021) 7883 0850 | Fax: (021) 7883 0907 | Mob: +62813 1787 1717
E-mail: jayanty.maulina@elnusa.co.id

PRESS RELEASE
     ELNUSA 54 Years: Towards Brilliant Energy Services
                   Business Excellence
Jakarta, 11 September 2023 - PT Elnusa Tbk (ELNUSA,IDX:ELSA), a subsidiary of PT Pertamina Hulu Energi
(PHE) which is part of Pertamina's Upstream Subholding, will be 54 years old on September 9 2023.
Elnusa's journey began in 1969, when PT Electronika Nusantara was founded and entered the Marine
Electronic Services sector. Elnusa has a DNA of Resilience and Innovation which is proven to be able to
strengthen business fundamentals to bring innovation and has a vision as a leading energy services
company that provides total solutions.

Elnusa President Director, John Hisar Simamora said, "Facing future challenges, Elnusa continues to move
forward to develop appropriate technology such as Hydraulic Workover Unit (HWU) Drilling, High
Inhibitive Water Base Mud (HIWBM), and Red and White Cement Slurry. "The multitude of innovations
produced shows Elnusa's dedication to providing the best solutions in energy services," said John.

Elnusa also made innovations with PT Pertamina Hulu Mahakam (PHM) to save operational costs such as
modifying HWU so that it can be used for drilling in five wells in the Tunu field, using wireline com bos
which can cut mobilization costs, using red and white slurry cement which produces better bonding
cement. good and uses domestic sand consolidation products. Elnusa has also developed competence in
geoscience services, from land seismic to OBN Nodal technology in marine seismic. The liquid mud plant
facility for drilling the first non-conventional oil and gas well in Indonesia is also a proud achievement.

Through its total service solutions, Elnusa continues to support the government in increasing oil and gas
production such as implementing Seismic Vibroseis services in various regions, including using Vibroseis
for Enhance Oil Recovery (EOR) in the Rokan Working Area in collaboration with Research & Technology
Innovation PT Pertamina (Persero) and Currently still in testing the application of technology. In the
Engineering, Procurement, Construction & Operation Maintenance (EPC-OM) business line, Elnusa is
ready to support work starting from front end engineering, design engineering, goods procurement,
construction to project management, which ultimately runs according to target.

Not only that, from the downstream side of distribution & logistics services, Elnusa is committed to
ensuring efficient and reliable energy distribution throughout Indonesia starting from integrated TBBM
management, fuel transportation management, DEPO management and chemical business. This
achievement has brought Elnusa to a superior future, with brilliant achievements and proving itself as a
force that cannot be ignored in the oil and gas sector.

To support these achievements, Elnusa continues to invest in capital expenditure by increasing its tank
car fleet, which is one of its core businesses in energy distribution & logistics services. Apart from that, to
increase upstream business capacity, Elnusa also invested by adding Offshore Work Barge
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Accommodation Assets. This investment is in line with the Indonesian Government's program to set
targets to accelerate the realization of the target of 1 Million Barrels of Oil and 12 BSCFD of Gas for future
national energy security.

In the 2022 period until now, Elnusa has received more than 45 awards from various categories at national
and international levels. Of these awards, the most prestigious is the Dharma Karya Muda award from the
Ministry of Energy and Mineral Resources (ESDM) for Elnusa's success in the Cementing Services Business
Unit in red and white cement slurry innovation in supporting drilling in the Mahakam Block shallow gas
well managed by Upstream Subholding. Pertamina Regional 3 Zone 8 PT Pertamina Hulu Mahakam. This
achievement is thanks to the hard work and synergy of all Elnusa officers in carrying out their work.

John added, "Elnusa will go further by expanding into the non-oil and gas services sector, new renewable
energy, and participating in the development of the Electric Vehicle ecosystem. "Elnusa is ready to
respond to a sustainable future by creating new opportunities," said John.

“On its 54th anniversary, Elnusa celebrates its journey towards excellence. From the first steps to the
latest achievements, Elnusa continues to support national energy security. Together, we celebrate
inspiration, enthusiasm and optimism in facing a future full of potential. Elnusa! New Journey For
Excellence!.” Close John.

About Elnusa (IDX: ELSA)
Elnusa is a subsidiary of PT Pertamina Hulu Energi (PHE) incorporated in Subholding Upstream Pertamina. As a total energy ser vices solution
company, Elnusa has core competencies in upstream oil and gas services, supporting services, and e nergy distribution and logistics services. The
upstream oil and gas service line includes Geoscience & Reservoir services (land, transition zone & marine, and data processi ng), oil and gas field
drilling & maintenance services (drilling & workover), engineering, procurement, construction & operation maintenance (EPC-OM) services.
Supporting service lines include marine support services, fabrication, to data management. The energy distribution and logistics service line
includes fuel transportation services, depot management, and chemical sales. Currently, Elnusa serves national and international oil and gas
companies, including Pertamina Group, British Petroleum, Conoco Phillips, Soco Exploration (Vietnam) Ltd, etc. Elnusa is listed on the Indonesia
Stock Exchange with the issuer code 'ELSA' and has five subsidiaries that support its competence. Detail information can be accessed at
www.elnusa.co.id.

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