Hyundai wins $86 million contract from Total Indonesie
Thursday, September 1 2005 - 10:16 AM WIB
South Korea?s Hyundai Heavy Industries (HHI) announced it had won an US$86 million contract to build and install a subsea pipeline at Total E&P Indonesie?s Sisi-Nubi field development offshore East Kalimantan.
?The turnkey order includes the entire process from engineering, procurement, installation to pre-commissioning of subsea pipeline,? HHI said in a statement recently, adding that the 55-kilometre long pipeline must be installed in 2007.
After completing the project, the produced gas of the field will be transported to an on-land plant, HHI added. (Robert)
