06.09.2023

EnerMech JV in Indonesia

EnerMech has formed a ‘strategic joint venture’ with PT. Titian Servis Indonesia (TSI), an integrated turn around services company working in the Indonesian oil & gas sector. The new entity will trade under the name ‘EnerMech Titian JVA’,
The partnership aims to combine the two companies skills, expertise and experience together to deliver improvements in operational efficiency and quality, while utilising EnerMech's resources and supply chain. The two businesses have worked together on various projects since early 2022.

To ensure all employees working within the joint venture meet and share the same globally recognised standards in terms of skills and competency, group training provider 3t EnerMech will help upskill its Indonesian personnel to become accredited trainers.
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(L- R) Behzad Kazerani of EnerMech with Arief Christian and Muhammad Arnold of TSI and Adam Tupaz of EnerMech at the Indonesian Petroleum Association exhibition at the end of July

The new venture will operate from bases in Jakarta and Batam and be led by EnerMech’s regional director for Asia Pacific, Garry Ford.
Speaking of the move he said: “We are thrilled to officially join forces with TSI and establish a strong presence in Indonesia through this strategic JV. Our collaboration represents a significant step forward in our commitment to delivering excellence across all the sectors and countries we operate in, while also contributing to economic development. TSI has proven to be a trusted partner and by combining strengths, we are creating a powerful synergy that will enable us to deliver unparalleled value to our clients in the Asia Pacific market."

TSI managing director Tanta Tarigan added: “We have a shared vision with EnerMech to drive innovation and foster sustainable growth across Indonesia and the wider Asia Pacific region. Through this partnership and training support for the locals on our team, we aim to establish a global benchmark for project execution and delivery while further solidifying our positions as leaders in our respective fields. The new partnership delivers a truly differentiated experience for our clients."

Based in Aberdeen, Scotland, EnerMech was established in 2008 by former PSL owners Doug Duguid, Michael Buchan, Derek Grant and Phil Bentley with a combined capital investment of more than £30 million from the four shareholders and private equity firm Lime Rock Partners. The company was acquired by Carlyle Group in late 2018 See: Carlyle acquires EnerMech
Today it provides a wide range of mechanical and electric services for the offshore, transport and infrastructure sectors, including crane rental, servicing and repairs etc from locations in the UK, Norway, Africa, the Americas, Australasia, the Caspian region and the Middle East.

TSI provides a similar range of services within the Indonesian market, established in 2018, Titian has worked with a range of partners to cover the local market including EnerMech, Baker Hughes, IK Group and MP Engineering.