“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.

They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."
"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)
(Subjects: Who/What is Kryon ?, Egypt Uprising, Iran/Persia Uprising, Peace in Middle East without Israel actively involved, Muhammad, "Conceptual" Youth Revolution, "Conceptual" Managed Business, Internet, Social Media, News Media, Google, Bankers, Global Unity,..... etc.)

Monday, January 07, 2008

Elnusa set for overseas expansion

Ika Krismantari, The Jakarta Post, Jakarta

With its IPO right around the corner, PT Elnusa, a subsidiary of state oil and gas company PT Pertamina, is gearing up for further overseas expansion this year.

Elnusa president director Eteng A. Salam said over the weekend the company had recently procured three contracts for oil and gas projects in Brunei Darussalam worth a combined US$15.1 million.

The contracts, for seismic operation, each ran eight months, Eteng said.

The Brunei projects are a start, he said.

"We plan to expand our seismic services abroad, especially for oil and gas operators in the Asia Pacific region."

Hendri S Suardi, Elnusa finance director, told The Jakarta Post the company had also placed a bid for an oil and gas project in Vietnam.

At present, Elnusa has an on-going project in Libya, where Pertamina manages two oil blocks.

Elnusa would remain a big player at home, he said, having already secured deals with high profile clients such as U.S.-based ConocoPhillips, the country's largest oil company, Medco EP, and France-based energy firm Total.

Hendri said that up to now, the company had secured around 20 contracts, mostly from drilling activities, worth Rp 700 billion (US$75.2 million) from both local and overseas clients.

As one of Pertamina's most profitable units, Elnusa has 14 business units operating in the oil and gas sector, both upstream and downstream, and is also involved in the information technology field.

Elnusa plans to launch an IPO of 20 percent in new shares Jan. 25-29.

Last year, Elnusa's revenue rose 12 percent to Rp two trillion from Rp 1.87 trillion the previous year, while its net profit increased by 27 percent to Rp 110 billion from Rp 83.03 billion.

In 2008 the company expects to double its net profit to more than Rp 200 billion.

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