Jakarta - PT Elnusa Tbk (ELSA) plans to prepare capital expenditure in 2023 to reach Rp500 billion.

Manager of Corporate Communications ELSA Jayanty Oktavia Maulina said that as much as 46% of Capex will be allocated for land seismic survey equipment and well-maintained maintenance capacity.

Then, around 35% is for business growth in complete capacities maintenance activities such as hydraulic workover (HWU) work, mobile well testing, and energy distribution and logistics services for the construction and revitalization of Petroleum Liquefied Gas Terminals in Kolaka, Tanjung Pandan, and Labuan Bajo.

"Based on market certainty going forward, the remainder will be used for the oil and gas and non-project support services segment," she said in a written statement on Wednesday (12/21).

Jayanty is optimistic that Elnusa will be able to obtain new contracts next year. The target for obtaining new contracts is projected to be 40% of th