JAKARTA – PT Elnusa Tbk (ELSA) has prepared capital expenditure (capex) of IDR 594 billion for the 2025 fiscal year.

ELSA plans to allocate 56.4% of the funds to the Upstream & Support Services business. Another 30.3% will go to Energy Distribution & Logistics, and 13.3% for Non-Project and New Business Development.

This allocation aligns with ELSA’s strategy to optimise operations and invest in key focus sectors.

Arief Prasetyo Handoyo, ELSA's Director of Business Development, stated that the company is implementing a prudent and targeted investment strategy, in accordance with governance principles and risk management.

“This approach is expected to provide long-term benefits for the energy industry and all stakeholders,” he said in a press release on Sunday (16/3).

As part of its growth strategy, Arief said ELSA continues to innovate and develop technology, such as by increasing operational capacity, optimising strategic projects, and exploring new technologies.

One of the technologies ELSA is developing is pigging, a pipeline cleaning and inspection process using a Pipeline Inspector Gauge (PIG). This technology is believed to help maintain the quality and reliability of pipeline systems in the energy industry.

“ELSA is always striving to improve the quality of pigging services, including the development of Foam PIG, the base material used in pipeline cleaning processes,” Arief said. (DK/KR/ZH)