Jakarta - PT Elnusa Tbk (ELSA), until the first semester of 2022, has realized capital expenditure (capex) of Rp242 billion.

Based on the company's public presentation handout on Tuesday (9/13), the realization of capital expenditure is focused on equipment that supports business continuity, both upstream and downstream services.

Among them are hydraulic workovers, slinking combos, wireline logging, construction of TLPG in Sulawesi and TBBM in Sumatra, operation support for data center and radio trunking construction projects, support barges, and dry docking barges.

In addition to developing upstream services, Elnusa plans to invest in downstream infrastructures, such as tank cars, TBBMs, and depots.

This year, Elnusa has allocated capital expenditure of Rp700 billion, of which around 46% is to maintain capacity and 54% to support business growth.

In addition, the company also targets upstream oil and gas investment to reach US$1