Elnusa has secured contracts worth $108 m as of August

Oil and gas service company PT Elnusa Tbk secured total contracts worth US$85 million or about Rp 767.97 billion during the first eight months of this year to conduct oil well maintenance services.

The head of Elnusa?s corporate secretary division Heru Samodra said in Jakarta on Tuesday that with the new contracts, the total contracts booked by the company as of August rose to $108 million or about Rp 975.78 billion.

The contracts were mostly intended for well maintenance services in East Kalimantan. ?At present, the Oil Field Service Division is preparing maintenance works such as coiled tubing, pumping nitrogen, and snubbing slick line services in contracts worth $47 million obtained within the last five years,? he said.

In addition to oil field maintenances, the company is also preparing the construction of production facilities in a number of large oil fields in the country eg. contracts worth $29 million in Cilacap, Central Java and in South Sumatra.

Heru said that most of the contracts were obtained from Total EP Indonesia and Pertamina. Chevron is also among the company?s large clients. (*)