Conoco signs service contract with Petrosea

Wednesday, May 18 2016 - 09:47 AM WIB

By Ruli Setiawan

IDX-listed service company PT Petrosea Tbk announced on Wednesday that it signed a general service contract worth Rp 40.2 billion with oil and gas firm ConocoPhillips (Grissik) Ltd on May 12, 2016.

The contract is valid for 33 weeks.

ConocoPhillips (Grissik) Ltd, a unit of US oil, gas giant ConocoPhillips has a 54 percent operated interest in the Corridor block, South Sumatra.

Editing by Johannes Simbolon

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