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Narahubung:
Jayanty Oktavia Maulina (Anty)
Senior Manager Corporate Communications & Relation
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 Strengthens Indonesia’s Oil and Gas Exploration Through the Successful Completion of the
                   Kandawulo 3D Offshore Seismic Survey in the Makassar Strait
Jakarta, 29 July 2026 – PT Elnusa Tbk (IDX: ELSA), an integrated energy services company and part of Pertamina's Upstream Subholding, has reaffirmed its commitment to
supporting Indonesia’s energy security through the successful completion of the Kandawulo 3D Offshore Seismic Survey in the waters of the Makassar Strait, Mamuju Regency,
West Sulawesi Province. Covering an area of 2,500 km², the survey was originally scheduled for completion within 76 days. Through efficient and optimized operational
execution, Elnusa successfully completed the data acquisition in just 56 days, finishing 20 days ahead of schedule. The project also achieved 99,120 safe man -hours with zero
recordable accidents, underscoring Elnusa’s strong operational excellence and commitment to safety.

As a national energy services company with integrated geoscience capabilities, Elnusa plays a vital role in providing subsurface data that serves as the foundation for oil and gas
exploration. Its capabilities extend beyond seismic data acquisition to include seismic data processing using the Pre Stack Time Migration (PSTM) method, which will be carried
out over approximately six months following the completion of data acquisition. This integrated capability further strengthens Elnusa’s position as a comprehensive geoscience
service provider, delivering end-to-end solutions to support Indonesia’s oil and gas exploration activities.

Throughout the execution of the Kandawulo 3D Offshore Seismic Survey, Elnusa ensured that every stage of the operation adhered to the principles of Health, Safety, Security,
and Environment (HSSE), environmental protection, and full compliance with all applicable regulations. This disciplined operational approach was one of the key factors enabling
the project to be completed ahead of schedule while maintaining 99,120 safe man-hours with zero workplace accidents.

PT Elnusa Tbk’s Operations Director, Andri Haribowo, stated that seismic surveys represent one of the most critical stages in the upstream oil and gas value chain, as they
generate subsurface data that forms the basis for exploration decision-making. “Completing the data acquisition 20 days ahead of schedule while maintaining 99,120 safe man-
hours demonstrates that productivity, work quality, and operational safety can go hand in hand through the disciplined implem entation of operational standards. This
achievement reflects Elnusa’s operational excellence in delivering reliable geoscience services, supported by advanced technology, highly competent human resources, and a
strong HSSE culture. Moving forward, we will continue to strengthen our geoscience capabilities and service innovations to support increased exploration activities and
contribute to sustainable energy security in Indonesia,” said Andri.

Andri further emphasized that the success of the operation was also made possible through close collaboration between Elnusa and various stakeholders. Intensive coordination
with the West Sulawesi Provincial Government, Mamuju Regency Government, the Indonesian National Armed Forces (TNI), the Indonesian National Police (Polri), the
Harbormaster Office, and other relevant authorities played a significant role in ensuring smooth operations and full compliance with applicable regulations.

In addition, Elnusa maintained open and transparent communication with local communities, particularly fishermen in Mamuju Regency. By providing information on project
phases, operational areas, and survey mechanisms, Elnusa sought to build mutual understanding so that exploration activities could be carried out in harmony with the
livelihoods of coastal communities.

With more than five decades of experience in delivering geoscience services, onshore and offshore seismic surveys, drilling, and various oilfield services, Elnusa has established
a strong foundation for providing integrated upstream oil and gas solutions. Supported by robust operational capabilities, highly skilled professionals, and the implementation
of good corporate governance, Elnusa continues to strengthen its position as a strategic partner to the upstream oil and gas industry in supporting successful exploration, field
development, and Indonesia’s national energy security.

The successful completion of the Kandawulo 3D Offshore Seismic Survey further reinforces Elnusa’s position as a strategic partner to Indonesia’s upstream oil and gas industry
in delivering integrated geoscience services. Looking ahead, Elnusa will continue to advance its service innovations and operational capabilities to support increased exploration
activities and contribute to a more sustainable and resilient national energy future.


About Elnusa (IDX: ELSA)
PT Elnusa Tbk (Elnusa) is a subsidiary of PT Pertamina Hulu Energi (PHE) and part of Pertamina's Upstream Subholding. The Company operates as an
integrated energy services provider, delivering comprehensive solutions across the energy value chain. With more than 56 years of resilience and innovation
in the energy industry, Elnusa has established core competencies in integrated upstream oil and gas services, energy distribution and logistics goods sales
and services, as well as supporting services. Its Integrated Upstream Oil & Gas Services encompass Geoscience & Reservoir services (land, transition zone,
marine, and data processing), drilling and oilfield maintenance services (drilling and workover), as well as Engineering, Procurement, Construction, and
Operation & Maintenance (EPC-OM) services. Its Energy Distribution & Logistics Goods Sales and Services include fuel transportation services, fuel depot
management, and specialty chemical sales. Meanwhile, its Supporting Services comprise marine support services, fabrication, and data management
solutions. Elnusa remains committed to implementing sound Corporate Governance in accordance with the principles of Good Corporate Governance (GCG)
and Environmental, Social, and Governance (ESG). Through these commitments, the Company strives to strengthen its competitiveness, sustain long-term
growth, and create lasting value for all stakeholders. Further information can be accessed at www.elnusa.co.id

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linked org PT Pertamina Hulu Energi p.1
possible org Elnusa Tbk p.1 ×5
unresolved org PT Elnusa Tbk’s Operations p.1

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