Indo Sraits gets order from Total to provide crane barge
Thursday, December 20 2012 - 10:59 AM WIB
IDX-listed PT Indo Straits Tbk said that it had accepted on Wednesday a letter of order from Total E&P Indonesie (TOTAL) to provide one unit 150 T crane barge and its package.
Based on the letter of order, the company will provide the service commissioning from 26th December 2012 for a period of 1 year, the company said in a press statement on Wednesday.
The contract value is estimated to be in the range of USS3 million to USS3,5 million. ?We are stating the range only in respect of the confidentiality,? it stated.
The company has been constantly working for TOTAL over the past 25 years. They have proven to be a most valuable and esteemed business partner of the company.
?With this new Letter of Order, we are confident that our existing mutually cordial working relationship will be enhance further in the future,? the company said.
?As a company with over 26 years of working experience and being a reputable company in Indonesia that provides integrated marine and logistic support services to the resources industry, we are well positioned to deliver the best possible integrated marine and logistic support service to TOTAL and to all of our esteemed clients particularly for integrated marines services and logistic services provider.?
Editing by Benget Besalicto Tnb.