PIVOTREE REPRESENTED AT IPA CONVEX 2024, INDONESIA

For Immediate Release

Highlights

  • Indonesian Agent, Olio Group, represents Pivotree at the 48th Indonesian Petroleum Association Convex 2024, to launch the Company in Indonesia.
  • IPA Convex 2024 is an international platform gathering global energy industry experts, government, innovators, and future leaders to accelerate the progress towards sustainable energy security.
  • Olio Group is a privately held highly successful oil and gas services company in Southeast Asia and Pivotree’s exclusive agent in Indonesia, Malaysia, Brunei, and Singapore.

Oil and Gas technology company Pivotree (or the “Company”) is pleased to announce its representation by Olio Group’s associate company, South Seas Offshore (“SSO”), at the 48th Indonesian Petroleum Association Convention & Exhibition, to be held at the Indonesia Convention and Exhibition Centre in Jakarta, Indonesia, taking place from 14-16 May 2024.

The conference, themed “Gaining Momentum to Advance Sustainable Energy Security in Indonesia and the Region”, is expected to attract participants from the oil and gas industry together with the evolving energy transition sector.

The Olio Group Booth is no. : i-77-M1 (Hall 2), and will be attended by Olio Group Executive Chairman, Dato Ramli Md Nor, and South Seas Offshore Division Head, Khairul Aziz to meet with key customers.

Olio Group was established in 1995, has a strong reputation and long track record delivering sustainable solutions in Drilling & Oilfield Services, Well Services, Process, M&E, Industrial Cleaning, Floating Facilities, Water Production and Treatment Systems. South Seas Offshore (Olio Group) were appointed as exclusive agent for the Pivotree technology in Indonesia, Malaysia, Brunei, and Singapore in December 2023. Khairul Aziz, Division Head for Olio Group company, South Seas Offshore is assisting Dato Ramli to lead efforts across these four geographies.

Dato Ramli Md Nor, Executive Chairman of Olio Group, said, “Our partnership with Pivotree underscores our commitment to integrating cutting-edge technology with our proven service models, aiming to set new standards in the oil and gas sector across Southeast Asia.  Pivotree is the future!”

Pivotree Executive Director, Mr Marcus Christian, responded saying, “The IPA Convex offers a valuable opportunity to launch the Pivotree technology in Indonesia and grow market awareness across the region. We are very grateful to have such a strong partner in Olio Group to work together and co-invest in engaging with our target customer-base, building our brand and transforming how the industry approaches the development of oil and gas assets.”

About IPA Convex 2024

The IPA Convex boasts being the most significant event in the oil and gas industry in Southeast Asia. It typically brings together industry professionals, government representatives, academics, and other stakeholders to discuss the latest trends, technologies, challenges, and opportunities in the sector. The event serves as a platform for knowledge sharing, collaboration, and business development within the Indonesian oil and gas sector. It plays a crucial role in fostering innovation, promoting investment, and advancing the sustainable development of the industry in Indonesia.

For more information about IPA Convex 2024, please visit https://convex.ipa.or.id/

About Olio Group & South Seas Offshore

South Seas Offshore Sdn Bhd is an associate company of Olio Group, a 100% Malaysian Services Company with over 25-years’ experience in Oil & Gas, a registered self-operator with Petronas and fully licensed for various SWEC codes applicable to upstream and downstream industries, including drilling, well and oilfield services, and floating solutions.

For more information about South Seas Offshore and Olio Group, please visit https://olio.group/.

About Pivotree Pty Ltd

Pivotree Pty Ltd is a technology company based in Perth, Western Australia. The company specialises in low-cost, low-risk, agile energy production and carbon storage technologies, with a mission to accelerate the global transition to a sustainable and low-carbon energy system.

For more information about Pivotree Pty Ltd and its innovative technology, please visit www.pivotree.com.au.

/// End ///

 

This announcement is authorised for release by Marcus Christian, Executive Director, Pivotree.

For further information please contact:

Marcus Christian, Executive Director

mpchristian@pivotree.com.au

Forward Looking Statements

Statements contained in this release, particularly those regarding possible or assumed future performance, revenue, costs, dividends, production levels or rates, prices, or potential growth of Pivotree are, or may be, forward looking statements.  Such statements relate to future events and expectations and, as such, involve known and unknown risks and uncertainties.  Actual results and developments may differ materially from those expressed or implied by these forward-looking statements depending on a variety of factors.

Contact Us

Let’s explore together how Pivotree can unlock the maximum value of your offshore development.