Herbasco Holding - Indonesia

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Herbasco Holding

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Herbasco Holding
Indonesia

Company Profile

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Mr. DIAN [Director/CEO/General Manager]

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Sudirman City Park Jl. Jendral Sudirman
Jakarta 10270, Jakarta
Indonesia

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Registration Date:

May. 24, 2023

Last Updated:

Jun. 16, 2010

Business Nature:

Trade of Energy category

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Company Brief

HERBASCO Holding Company ( HERBASCO Holding) is a multinational corporation with operations and subsidiaries spread across the globe in the Indonesian. The company was first established in 2004 as HERBASCO Trading. In a short span, HERBASCO Petroleum Services, a subsidiary company within HERBASCO Holding, became one of the fastest growing and largest oilfield services companies in the Indonesian with operations in sixteen countries. The companyâ € ™ s phenomenal march ahead has been made possible due to its commitment to high standards of health, safety and environment protection and the strong support of its customers. The company reliably meets its commitments and set industry benchmarks in the process with great emphasis on maintaining the highest standards of business ethics and integrity.

The main activities of subsidiary companies within HERBASCO Holding include freight Forwarding, Travel and Entertainment services, the exploration and production of oil and gas, investments, engineering, manufacturing & trading, and mining and processing of minerals.

Today, HERBASCO Holding employs more than 600 employees from nationwide who are committed to meet the challenges of the complex and competitive Oil & Gas industry. For the year ending 31st December 2007, the turnover of the company is more than US$ 6 million with total assets of more than US$ 9 million and annual net profits of more than US$ 1 million. HERBASCO Holding strives to provide opportunities for the self-development and professional growth of its employees. The company steadfastly forms social partnerships with the communities where it operates by developing HERBASCOs wherever possible and offers business to HERBASCO companies. More than 80% of the employees are HERBASCOs of the respective host countries where HERBASCO Holdingâ € ™ s subsidiary companies operate.

Mission
To be a global player in providing integrated oil and gas well engineering services and exploring and producing oil, gas and mineral resources responsibly and cost effectively.

Vision
To achieve global eminence in the energy and mining industries and to be a partner of choice to our stakeholders in our chosen areas of expertise

CORPORATE VALUE
â € ¢ To implement modern best practices responsibly and cost effectively.
â € ¢ To provide reliable quality services at a competitive price.
â € ¢ Health, safety and environment excellence.
â € ¢ To be at the cutting edge of technology.
â € ¢ Continuous performance improvement.
â € ¢ To sustain growth and corporate success.
â € ¢ Respect HERBASCO ENGINEERING and expectations of all stakeholders.
â € ¢ To provide opportunities for the growth and self-development of employees.
HSE Commitment
â € ¢ We shall look after ourselves
â € ¢ We shall look after the people around us
â € ¢ We shall look after the environment around us
Corporate Structure of HERBASCO Holding Company

HERBASCO Holding Company ( HERBASCO Holding) is registered in the Indonesian with its headquarters in Jakarta. HERBASCO Holding invests in its subsidiary companies and supports them in strategic planning, corporate finance, information technology, internal auditing and legal advice. The subsidiary companies of HERBASCO Holding Company are involved in drilling and integrated oilfield services, exploration and production of oil and gas, investments, engineering, manufacturing & trading, and mining and processing of minerals. The HERBASCO Group and its subsidiaries operate in sixteen city with offices in West and East indonesia

Health Safety and Environment ( HSE)

HERBASCO Holding is a firm believer that the business should be conducted in a manner so that it protects the health and safety of its employees, contractors and society at large, and the environment where it operates. The company believes that a good HSE performance is paramount to its business and it is committed to promote a culture in which all employees realise the need to look after themselves, the safety of the people around them and in protecting the environment around them.

To ensure sound HSE practices and guidelines, HERBASCO Holding employs experienced and qualified HSE professionals in each of its subsidiaries to educate and train the employees to maintain the prescribed HSE norms and discipline as an integral part of the business process.

HERBASCO Holding empowers all employees:
â € ¢ Not to start work unless they believe it is safe and not harmful to their health or the environment
â € ¢ To stop work if they believe it is unsafe or has a negative impact on the environment
Environment Awareness, Responsibility and Protection
HERBASCO Holding is dedicated to high standards of environment protection and pollution prevention. A disciplined and committed approach towards environment safety is well demonstrated in all its business processes and operations. The guiding motto is to be proactive ( prevention) rather than reactive.

Oilfield operations are carefully pre-planned and managed with primary emphasis on good house keeping, regulated waste disposal, careful chemical handling and recording of usage, immediate and accurate clean-up of any spillage, and restoration of the site at the conclusion of activities.

HERBASCO Holding pro-actively cooperates with clients and government authorities to ensure that drilling, production and mining operations are in conformance with Documented Waste Management Programmes and adheres to environment protection standards. Audits involving third parties are also frequently initiated and often conducted jointly with operators and host country authorities.

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