Petrosea wins contract

Tue, 29 Dec 1998, 00:00 WIB | Source: JP

JAKARTA (JP): Publicly listed PT Petrosea has been awarded a
US$50.8 million project for phase seven of Total Indonesie's Tunu
Field Development Project in East Kalimantan, the company
announced on Monday.

Petrosea's president Tony Speechley said the company would
immediately start the project, which is located on the outer
margin of the Mahakam River delta. It is expected to be completed
in 20 months.

The company will engineer, procure, construct and install
offshore platforms and pipelines for the Tunu gas and condensate
field, Speechley said.

Petrosea's Australian parent company, Clough Limited, will
provide a shallow water lay barge, Clough Challenge, for the
installation for the offshore pipelines, he said. (das)

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