Apexindo in Brief
Established in 1984, PT Apexindo Pratama Duta Tbk (“Apexindo”/ “Company”) is the only Indonesian drilling contractor with offshore and onshore drilling capacity for the oil and gas, geothermal and coal bed methane industries. With its high quality and highly maintained fleet of six offshore rigs (2 jack-up and 4 swamp barges) and eight onshore rigs, Apexindo has been drilling for clients which include some of the largest international and domestic energy companies, such as Total E&P Indonesie, Chevron, Pertamina, VICO Indonesia, and Santos.
The Company’s commitment in providing quality without compromise has resulted in long and solid relationship with its clients (such as VICO Indonesia and Total E&P Indonesie, which commenced in early 1980 and 1990, respectively), and exceptional achievement in Safety, Health and Environment (SHE) aspect.
Apexindo’s reliable performance throughout decades has been rewarded by trust and recognition from its clients. This is evidenced by the number of awards received. In order to provide maximum value for all stakeholders, the Company obtained ISO 9001:2000 certification for Quality Management System in 2005, later upgraded in 2008 by obtaining ISO 9001:2008 certification. In 2011, Apexindo obtained ISO 14001:2004 certification in Environment Management Systems and OHSAS 18001:2007 certification in Safety and Health Management Systems. In 2002, to support the business expansion strategy, Apexindo had listed its shares at the Indonesia Stock Exchange (IDX). In 2009, the Company performed a voluntary delisting related to Capital Market regulations pertaining to chain listing. In June 2013, Apexindo successfully relisted its shares at IDX with APEX as its ticker. In 2014, Apexindo successfully renewed three of its certification systems, settled Apexindo Pratama Duta II Year 2009 Seri B IDR Bonds, merged with its holding company, PT Apexindo Energi Investama, and welcomed the newly-built jack up rig, Tasha.
Significant milestones have been chronicling our pioneering records of continuous achievements. PT Apexindo Pratama Duta Tbk (“Apexindo”) offers onshore and offshore drilling services to oil and gas, geothermal, and coal bed methane industries. Apexindo high quality and well maintained fleet consist of 2 jack up, 4 submersible swamp barges, and 8 onshore rigs with massive horsepower, that continuously carry on a solid relationship with prominent clients.
Over decades of its operations, Apexindo has undeniably become a leading national drilling company by recording significant milestones and achievements.
Established as an Indonesian drilling contractor
Apexindo built its first offshore rig, a submersible swamp barge named Maera at Sembawang Shipyad, Singapore
Purchased its second offshore rig, a jack up named Raniworo
Added another submersible swampbarge rig named Raisis
Expanded operations to the Middle East through achievement of an offshore drilling contract from Total Abu Al Bukhoosh for Raniworo
Merged with PT Medco Antareja which strengthens Apexindo’s position as Indonesia’s offshore and onshore drilling company
The first domestic drilling contractor to be listed in the Jakarta Stock Exchange
Constructed two new submersible swampbarge rigs, Raissa and Yani. Obtained a project financing facility, the largest one for a private company after the monetary crisis
Raniworo continued its presence in Middle East through a new offshore contract in Iran
Successfully obtained ISO 9001:2000 certification in Quality Management System
Secured USD 125 million of long term jack up financing facility from prominent foreign financial institutions
New jack up Soehanah successfully passed the water launching test in PPL Shipyard Ltd., Singapore
Completed the construction of the newest super premium jack up rig, Soehanah
Among the first company in Indonesia to upgrade the ISO 9001:2008 version.
Commencing the Safety Campaign
Voluntary delisted from Indonesia Stock Exchange (IDX)
Successfully settled IDR Bonds Apexindo Pratama Duta I Year 2005 amounted to IDR750 billion
Obtained the certification of ISO 9001:2008 in Quality Management Systems, ISO 14001:2004 in Environmental Management Systems, OHSAS 18001:2007 in Health and Safety Management Systems
PT Apexindo Energi Investama became the new majority shareholder of the company
Apexindo launched its new corporate logo
Apexindo relisted at Indonesia Stock Exchange (IDX) with “APEX” as its ticker
Apexindo renewed its certifications, ISO 9001:2008, ISO 14001:2004, and OHSAS 18001:2007
Successfully settled Apexindo Pratama Duta II Year 2009 Seri B IDR Bonds, amounting to IDR300 billion
Apexindo merged with its holding company, PT Apexindo Energi Investama
Apexindo welcomes its third jack up rig, a newly built Tasha
Raniworo rig is the first and (currently) the only Indonesian flagged jack up rig in the world
The 25th year of drilling operation with VICO Indonesia in East Kalimantan.
Recorded 25 years of drilling experience in Mahakam Block, East Kalimantan.
Successfully upgraded ISO 9001:2015 certification Quality Management System, ISO 14001:2015 in Environmental Management Systems, and OHSAS 45001:2018 in Health and Safety Management Systems.
A world-class drilling contractor offering quality services without compromise.
• Maintaining high standard of Safety, Health, and Environment (SHE) to ensure the safety and welfare of employees and to protect the surrounding environment.
• Providing maximum value to all of stakeholders and making a positive impact to the society and the environment
• Developing human resources with global-standard quality and competency
In implementing its business, Apexindo is also guided by its corporate values which break down into three elements.
BOARD OF COMMISSIONERS
Eka Dharmajanto Kasih
BOARD OF COMMISSIONERS CHARTER
BOARD OF DIRECTOR
Donald Kent Wood
An Australian citizen. Born in 1947. Commenced his career in drilling industry since 1965 with a drilling contractor company in Australia while studied at Queensland Institute of Technology. He was involved in the first offshore platform drilling projects in Australia from 1968 to1971. Subsequently he relocated internationally outside Australia. During his long career, he has been employed by major drilling contractors, including Bawden Drilling, Noble Drilling and Ensign Services, and he has worked in most areas of the world. He joined Apexindo in 2005 to manage the onshore rig operations. Since 2012, he has managed all Apexindo rigs operations, both offshore and onshore operations, also technical and marketing responsibility. He was appointed as Director and Independent Director of PT Apexindo Pratama Duta Tbk through the Annual General Meeting of Shareholders in June 24, 2015.
Mahar Atanta Sembiring
BOARD OF DIRECTOR CHARTER
Chairman : Robinson P. Simbolon
Member : Loh Wing Kiong Anthony @Adam Loh
Member : Amir Sjarifuddin
COMMITTEE AUDIT CHARTER
- On January 31st, 2020, Apexindo received an award from Pertamina Hulu Mahakam for reaching 2 years without Lost Time Incident/LTI in Rig Yani.
- On June 29, 2020, Apexindo’s Rig 9 received an award from International Association of Drilling Contractors for achieving 14 years of operations without a lost time incident/LTI on February 1, 2020.