Van der Horst to build oil pipeline in Bali

Van der Horst to build oil pipeline in Bali

SINGAPORE (AFP): Singapore-based engineering firm Van der Horst Ltd. announced yesterday that it had received an Indonesian turnkey contract to build a US$75.2 million oil pipeline in Bali.

The project will involve the construction of an oil depot extension, a new terminal and its adjoining pipeline in Sanggaran, the company said.

Van der Horst said it had received the award from PT Ganergi Gema Sukses, which has won the right to develop and build the depot, terminal and pipeline project from Indonesia's state-owned oil company Pertamina.

The project is part of Pertamina's masterplan to store and transport fuel from selected strategic locations throughout Indonesia.

Van Der Horst's three wholly-owned subsidiaries -- Van der Horst Technologies Pte. Ltd., PT VDH Teguh Sakti and Infrastructure Technologies International -- will be involved in the project.

Van der Horst Technologies will handle engineering, automation and consultancy services, VDH Teguh Sakti the construction work and Infrastructure Technologies the procurement of imported hardware and materials.

"This latest project follows our earlier successes in securing the satellite depot development projects in Jakarta and Surabaya," said Michael Oxborrow, group managing director of Van der Horst Ltd.

"We are very glad to win these contracts as it reinforces our reputation as a turnkey developer able to provide value-added services in the areas of engineering and design consultancy in addition to construction and materials procurement," he added in a statement.

Van der Horst, listed on the mainboard of the Stock Exchange of Singapore, is a service engineering and infrastructure development group with three core businesses: infrastructure and power, engineering services and manufacturing.