"see" transitive or intransitive?

[Pooh]

"I saw in the New Year with some friends from university."

Is "see"a transitive or intransitive verb here in this sentence?
There is NO object in this sentence, so I assume that this is a transitive.
In that case, what does "see" here mean?
Without object, the whole sentense doesn't make sense to me.

Anyone who can paraphrase this sentence with easier way for me?

[Cerberus™]

"To see in" is a phrasal verb that means "to welcome, to celebrate" in this context, and as such has an object: New Year.

[Pooh]

"see in" is a phrasal verb!! That's good to know.
I took "in New Year" as an adverb phrase indicating time
so I did not see any object.
Thank you, it helped a lot!
I am wondering how come my dictionary doesn't have
that phrasal verb, which is so bad.

[Cerberus™]

Your dictionary is not in bad company: the OED doesn't have it either.