Perdana Karya secures a Rp190b contract
Thursday, January 19 2012 - 10:36 AM WIB
PT Perdana Karya Perkasa, an IDX-listed company engaged in coal mining, oil and gas mining construction services, has secured a two-year contract for an upstream oil and gas construction service project worth Rp 190 billion in East Kalimantan.
The project, which includes the development of a pipe network, starts in February.
The contract will contribute to the company?s effort to secure this year?s contract target of Rp 416 billion that consists of Rp 285 billion in new ones and Rp 131 billion in carry over from last year.
The company is also seeking to secure contracts in the development of upstream oil and gas service projects currently underway, including well drilling projects from VICO Indonesia in East Kalimantan worth Rp 200 billion, and another drilling project from Salamander Energy.
Editing by Dadan Wijaksana