Petrosea obtains new contract from IBT
Thursday, August 11 2016 - 01:06 AM WIB
By Romel S. Gurky
IDX-listed PT PetroseaTbk, which is engaged in coal mining services, oil and gas services, and engineering design, said on Wednesday it had on August 1 signed an agreement for the assessment, repair and reconstruction of damaged coal export jetty with PT Indonesia Bulk Terminal (IBT).
The company said in a statement that the total contract value is Rp 53.23 billion, and variation of Rp 427.12 million. The contract duration is from August 1-December 8, 2016.
IBT is the developer and operator of the PulauLaut Coal Terminal, a highly-used terminal situated on the southern tip of the island of PulauLaut in South Kalimantan Province.
Editing by Reiner Simanjuntak