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Singapore’s Technics Oil & Gas partners with Elnusa to provide services

JAKARTA (rambuenergy.com) – Singapore-based Technics Oil and Gas Limited, a leading full service integrator of compression systems and process modules for the global offshore oil and gas sector, said 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.

Through this agreement, TOJ will provide cost-effective, environmental-friendly, cutting edge technology as well as technical support to Elnusa’s oil and gas projects throughout Indonesian Technics said in a statement.

The agreement seeks to improve Indonesia’s oil and gas production efficiency through the manufacturing of oil and gas equipment such as gas compressor systems, pumping systems, well test equipment and hydraulic worker units etc.; upgrading maintenance services for on-shore and offshore platform and facilities; conducting advance rig refurbishment and establishing more micro LNG plants.

“In times of global economic uncertainty and depressed energy resource markets, oil and gas companies must be bold in transforming their business models to address Indonesia’s energy challenges. This agreement represents an industry defining moment to share expertise and technology to spur the industry forward, reduce operation cost and promote clean and green energy,” Robin Ting, Technics Oil and Gas Executive Chairman said.

Indonesian-listed Elnusa is the only Indonesian national company that has capabilities in oil & 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.

Technics specializes in the design and fabrication of complex and highly customized process modules and equipment, including gas compression packages, which are integrated to form the operating system for production operations and storage applications in oil and gas exploration and production activities (onshore and offshore).

Since listing on the Singapore Exchange in 2003, Technics has embarked on an on-going, multipronged expansion programme to ride the growth opportunities in the oil and gas sector. In addition to its engineering and fabrication facilities, Technics operates two waterfront yards located in Singapore and Batam Island (Indonesia). The Group’s business coverage now encompasses Singapore, Indonesia, Malaysia, Thailand, Vietnam, China, USA, Dubai, Norway and Bangladesh; supported by offices in Singapore and Indonesia (Batam and Jakarta). (*)

 

 

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