Asia Serv

What Asia Serv does

PT Asia Serv Indonesia (Asia Serv) is a 100% Indonesian-owned oilfield services company established in 1995, headquartered in Jakarta Selatan with operational workshops in BSD Serpong (Tangerang Selatan) and Balikpapan (East Kalimantan). The company delivers drilling services, completions and interventions, well testing, and wellhead integrity services to enterprise-level oil and gas operators across Indonesia, supported by a staff of approximately 94 employees. Its core technology portfolio spans Measurement While Drilling (MWD) services, MIT well integrity monitoring, drilling and completion fluids (water-based, oil-based, synthetic-based, and HPWBM muds), and well completion equipment including liner hangers, casing accessories, annular systems, and open-hole isolation tools.

Asia Serv monetizes primarily through professional services contracts — quote-based, project-scoped engagements for drilling, completions, interventions, and wellhead integrity work — supplemented by hardware/product sales of drilling and completion fluids. The go-to-market model is enterprise field sales targeting Indonesian upstream operators directly, with no disclosed channel intermediaries. The company maintains a strategic technology alliance network that includes Baker Hughes, Noble Corp, Tetra Technologies, InFlow Control, MIT Technologies, Vulcan, Aquaterra Energy, and TDE Group, positioning itself as a local-content-compliant intermediary that bundles global oilfield technologies with Indonesian field execution.

The business model is anchored by TKDN (local content) compliance, a regulatory requirement that favors domestically owned service providers in Indonesian upstream projects, and by three strategically placed facilities that reduce mobilization costs to the country's principal producing basins. Pricing is not publicly disclosed and is determined per project scope and contract terms. The company is privately held with no public listing, no identified parent, no funding rounds, and no disclosed revenue.

Name

Asia Serv

Legal name

PT Asia Serv Indonesia

Website

https://asiaserv.com

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

51–100 employees

Short description

PT Asia Serv Indonesia is a 100% Indonesian-owned oilfield services company, founded in 1995, providing drilling, completions, interventions, well testing, and wellhead integrity services to enterprise oil and gas operators across Indonesia from Jakarta, BSD Serpong, and Balikpapan.

Ownership category

akta.pro rank

Product category

Oilfield Services

NAICS

Support Activities for Oil and Gas Operations (213112), Oil and Gas Field Machinery and Equipment Manufacturing (333132)

SIC

Oil & Gas Field Services, Nec (1389), Oil & Gas Field Machinery & Equipment (3533)

akta.pro primary industry

Production Services & Artificial Lift (ESP, Rod Lift, Gas Lift, Chemicals) (EUALABAH)

Keywords

• Oilfield services
• Drilling services
• Well completions
• Well integrity
• Drilling fluids

Headquarters

HQ city

Jakarta Selatan

HQ country

Indonesia

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

1. Drilling Services: Professional drilling services including equipment provision and operational support for oil and gas well drilling operations. Services include Direct Drilling Services and MWD Technology.
2. Well Completions & Interventions: Comprehensive well completion, intervention, testing services and specialized equipment including liner hangers, casing accessories, and annular systems.
3. Wellhead Integrity Services: Wellhead integrity monitoring and maintenance services to ensure safe and efficient well operations.
4. Drilling Fluids & Products: Sale of specialized drilling and completion fluid products including water-based, oil-based, synthetic-based, and HPWBM muds.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

PT Asia Serv Indonesia is a 100% Indonesian-owned oilfield services company that delivers drilling services, well completions & interventions, well testing, and wellhead integrity services to enterprise oil and gas operators in Indonesia. The company supplies specialized drilling equipment, casing accessories, and high-performance drilling fluids (water-based, oil-based, synthetic-based, and HPWBM) alongside professional services including Direct Drilling, MWD Services, and MIT Technology, supported by an advanced workshop facility and strategic locations across Indonesia's key energy hubs.

Product overview

Asia Serv offers a unified portfolio of oilfield services spanning Drilling Services, Well Integrity, and Completions/Intervention/Testing/Fluid services. The company provides specialized drilling tools, casing accessories, and high-performance drilling fluids (water-based, oil-based, synthetic-based, and HPWBM) alongside professional services including Direct Drilling, MWD Services, and MIT Technology. Well Integrity services ensure wellhead integrity and asset optimization. The company's advanced workshop supports field operations. Services are delivered from strategic locations across Indonesia's key energy hubs.

Differentiator

Problem solved

Functional benefit

Products and services

• Drilling Service

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core.

• InFlow ControlcoreTechnology or IntegrationTechnology partnership for flow control solutions in oil and gas operations. Asia Serv collaborates with InFlow Control to provide integrated well solutions.
• Noble CorpcoreTechnology or IntegrationStrategic partnership with Noble Corp, a leading offshore drilling contractor, for drilling services and technology deployment in Indonesia.
• Tetra TechnologiescoreTechnology or IntegrationPartnership with Tetra Technologies for completion fluids, wellbore cleanup, and associated services.
• Baker HughescoreTechnology or IntegrationStrategic technology partnership with Baker Hughes, a global energy technology company, for advanced drilling and completion solutions.
• MIT TechnologiescoreTechnology or IntegrationPartnership for MIT Technology solutions, a specialized well integrity and monitoring technology provider.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Vallourec: Global provider of premium tubular solutions and well equipment (casing, tubing, well integrity). Comparable as an upstream specialist with overlap on tubulars, casing accessories, and well integrity — adjacent niches that Asia Serv participates in.
• InFlow Control: Norwegian flow-control technology provider for oil and gas wells. Comparable as a niche technology vendor whose technology Asia Serv integrates; an emerging player with overlapping Indonesian exposure via this partnership.
• PT Gunanusa Utama Fabricators: Indonesian oil and gas services company providing fabrication and field services. Comparable as a domestic Indonesian provider of upstream oil and gas field support services with workshop and operational infrastructure.

Broad incumbents

• Halliburton: One of the largest global oilfield services majors with comprehensive drilling, completions, and production services. Overlaps with Asia Serv across drilling fluids, completions, and interventions, but at much greater global scale.
• SLB (Schlumberger): Global oilfield services major offering drilling, completions, intervention, and digital services worldwide. Comparable as a broad incumbent whose drilling and well services portfolios overlap directly with Asia Serv's core offerings.
• Weatherford International: Global oilfield services and equipment provider with comprehensive drilling, completions, and well intervention offerings. Comparable as a broad incumbent operating across the same service lines as Asia Serv but with global reach.
• Baker Hughes: Global energy technology major across drilling, completions, and production. Asia Serv's strategic technology partner, but also a broad incumbent whose upstream offering overlaps Asia Serv's drilling and completions portfolio at global scale.

Direct peers

• Tetra Technologies: U.S.-listed completion fluids, wellbore cleanup, and water management specialist. Comparable as Asia Serv's actual completion fluids partner; competes on the same product category (completion fluids and wellbore services) globally and in Southeast Asia.
• PT Elnusa Tbk: Indonesian-listed diversified oilfield services and energy distribution company. Directly comparable to Asia Serv as a domestic Indonesian OFS provider serving upstream operators with drilling support, well services, and energy logistics.
• PT Pertamina Drilling Services Indonesia: Subsidiary of Pertamina providing drilling and well services in Indonesia. Directly comparable as an Indonesian-based drilling and well-services provider competing for the same upstream contracts.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/asiaservindo
• Instagraminstagram.com/asiaserv.indonesia?igsh=YWI5aGh6OGVpOWhh

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Asia Serv