Pt Ratu Prabu Energi Tbk (Indonesia)

PT Ratu Prabu Energi Tbk is an energy company based in Jakarta, Indonesia. It was established on March 31, 1993, under the name PT Arona Binasejati. Initially, the company was involved in the manufacturing of wooden furniture, with a focus on outdoor furniture for the Dutch and Canadian markets. In 2002, the company diversified its products to include indoor furniture made from pine wood and rubber wood, expanding its market to America, Australia, and Asia. In 2003, PT Ratu Prabu Energi Tbk conducted an Initial Public Offering and listed its shares on the Indonesia Stock Exchange. The company has two office buildings for rent in a strategic area in South Jakarta, namely the Ratu Prabu 1 building (RP1) and the Ratu Prabu 2 building (RP2). The company's main business segments include Property and Oil and Gas. Under the Oil and Gas segment, PT Ratu Prabu Energi Tbk provides various services, including inspection services using remotely operated vehicles (ROV), maintenance of oil and gas wells with hydraulic workover and snubbing units, and inspection and maintenance services for tubular, casing, and tubing for mining companies. The company also offers labor services to support the exploration, drilling, and production of oil and gas. PT Ratu Prabu Energi Tbk is focused on providing oil and gas services in Indonesia and owns and rents office buildings. It changed its name from PT Arona Binasejati Tbk to PT Ratu Prabu Energi Tbk in June 2008.