Profile of Elnusa: Indonesia's Integrated Upstream Oil & Gas Company
Indonesia Investments updated the company profile of Elnusa, an integrated upstream oil and gas company. Core business of Elnusa, which is part of the state-owned Pertamina Group, involves geoscience, drilling and oilfield services. As the company is closely connected to the Indonesian government, it would benefit of the government's commitment to increase oil lifting. However, the current condition of Indonesia's oil and gas sector is still not conducive for large investments. Elnusa is listed as ELSA on the Indonesia Stock Exchange (IDX).