Singapore's Technics Oil and Gas Limited says that its wholly owned subsidiary PT Technics Offshore Jaya (TOJ) has entered into a Joint Operation Agreement with PT Elnusa Fabrikasi Konstruksi (Elnusa). The cooperation seeks to enhance Indonesia’s production capabilities and to address the country’s increasing appetite in oil and gas sector.
Indonesian-listed Elnusa is the only Indonesian national company that has capabilities in oil and gas services, seismic, drilling and oilfield. Elnusa provides geophysical data services, oil and gas, drilling services, oilfield services and support businesses etc in Indonesia. Elnusa started as a state-owned oil and gas PT Pertamina’s operations support services company in 1969. Today, Elnusa is Indonesia’s first integrated upstream oil and gas services company, providing dedicated one-stop services in Indonesia’s upstream oil and gas services industry.