20241014_ELSA_Laporan Informasi dan Fakta Material_31745706_lamp2.pdf

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
    Strengthening Pertamina's Upstream Oil and Gas Operational
   Support: Elnusa Upgrades Wireline Logging Services Technology
Jakarta, October 11, 2024 – PT Elnusa Tbk (Elnusa) has completed the process of purchasing and upgrading advanced
technology. This investment was made to support drilling and workover activities in the Pertamina Hulu Energi (PHE) work
area. The acquired technology includes the latest Ultrasonic and Electric Cutting Tools, which are expected to be used in
early 2025.

Ultrasonic and Electric Cutting Tools technology is very important in oil and gas drilling operations. This equipment will be
used to ensure more accurate well integrity evaluations, especially in the process of installing casing to cementing. With
this technology, Elnusa hopes to provide more precise data, allowing it to increase the productivity of its oil wells in various
PHE work areas.

Elnusa's President Director, Bachtiar Soeria Atmadja, explained that this investment is part of Elnusa's long-term strategy
in supporting upstream oil and gas sector technology. "We are committed to continuing to support Pertamina Group
through the procurement of cutting-edge technology. This investment is expected to improve our ability to provide reliable
Wireline Logging Services," explained Bachtiar.

This Ultrasonic and Electric Cutting Tools equipment will assist in the evaluation and technical handling during drilling
operations, especially in the cementing process which is very important to ensure operational safety and well productivity.
"This technology ensures that well integrity is maintained, minimizes operational risks, and ensures that productive zones
can be isolated optimally. Ultimately, this technology will contribute greatly to increasing national oil and gas production,"
he added.

As part of a long-term commitment, the provision of this equipment is not only a technology investment, but also a form
of Elnusa's support for PHE's strategic programs. Elnusa ensures that with this latest Wireline Logging Services, it can run
drilling and workover programs more efficiently and safely. "This technology will provide accurate data regarding well
conditions below the surface, which is very important in making decisions related to drilling and increasing production,"
said Bachtiar.

With this investment, Elnusa hopes to further support PHE in achieving national oil and gas production targets. Elnusa
continues to innovate and strengthen its position as a sustainable energy service provider. Investment in Ultrasonic and
Electric Cutting Tools technology shows Elnusa's seriousness in integrating the latest technology that ultimately supports
national energy security.

About Elnusa (IDX: ELSA)
PT Elnusa Tbk (Elnusa) is a subsidiary of PT Pertamina Hulu Energi (PHE) which is part of the Pertamina Upstream Subholding, which operates in the field
of integrated energy services to provide total solutions. Elnusa has DNA of Resilience and innovation for more than 54 years in the energy industry, has
core competencies in upstream oil and gas services, energy distribution and logistics services and supporting services. The upstream oil and gas service line
includes Geoscience & Reservoir services (land, transition zone & marine and data processing), drilling & oil and gas field maintenance services (drilling &
workover), engineering, procurement, construction & operation maintenance (EPC-OM) services. The energy distribution and logistics service line includes
fuel transportation services, depot management and chemical sales. The supporting service line includes marine support services, fabrication, and data
management. Elnusa continues to be committed to implementing Corporate Governance in accordance with GCG and ESG principles to create a company
that is highly competitive, continues to grow and provides sustainable benefits for all stakeholders. Further information can be accessed at
www.elnusa.co.id