PT NEWQUEST GEOTECHNOLOGY ANNUAL CORPORATE MEETING

Posted by: newquest Post Date: 14 December 2019

PT NewQuest Geotechnology held an annual corporate meeting at The Green Peak Hotel Bogor on 11-13 December 2019. Attended by all personnel, the meeting discussed the work program plan for 2020. In his remarks, Founder of PT NewQuest Geotechnology, Dr. Yunus Daud conveyed several strategic directions in order to face the year 2020 with enthusiasm, optimism, and increasing the self capacity and the company.

“We are currently want to develop business by collaborating with experts from domestic and abroad. So that in 2020, there must be an increase in capabilities, not only in the mastery of exploration technology but also drilling engineering and reservoir engineering, “Yunus said at the opening of meeting, Wednesday (11/12).

After the pre-feasibility study of 3 WKP projects (Atadei, Songa Wayaua, and Tangkuban Parahu) are completed by the end of 2019, in the future NewQuest Geotechnology will target several exploration project with strategic partners. The plan is in accordance with the government’s plan to boost the renewable energy sector, especially geothermal energy to pursue the target of 7,200 MW installed geothermal power plants in 2025. NewQuest Geotechnology will also be more expansive in cooperation with other international companies for geothermal development in Asia and Africa.

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