Toyo's gas pipeline deal

Toyo's gas pipeline deal

TOKYO (Reuter): Toyo Engineering Corp said over the weekend that it had won an order from Mobil Exploration Indonesia to build a 100-km undersea natural gas pipeline and gas-treating facilities.

The US$320 million contract was won through a consortium formed with the state-owned PT Tripatra Engineers and Constructors and PT McDermott Indonesia, Toyo Engineering said in a statement.

Construction of the pipeline is expected to be completed in June 1999 and will carry natural gas from an underwater field in North Sumatra, the statement said.