Gunanusa, Federal clinch $46m procurement contract from Total

Singapore Exchange-listed firm Federal International (2000) Ltd (Federal) announced Friday that its associated company cum strategic partner, PT Gunanusa Utama Fabricators (PTG) has secured a US$46 million EPC contract from French oil firmTotal E&P Indonesie and PTG.

PTG, in turn has awarded a procurement contract worth US$8 million to Federal?s wholly owned subsidiary, Federal Hardware Engineering Co. Pte Ltd.

Under the terms of the contract, FHEC will supply all flowline control products, piping materials and structural steels for production separator platform to TOTAL ? Sisi Nubi gas field development project located at Balikpapan, East Kalimantan. The procurement contract will be supplied within 12 months.

Federal is a value-added distributor and provider of turnkey EPC (engineering, procurement & construction) solutions for the energy & infrastructure industries.

PTG started its operation in 1983 as a private company, specializing in turnkey execution of energy related and industrial plan project.(alex)