The Jakarta Post
A consortium led by publicly-listed PT Wijaya Karya (WIKA) has won a US$182.98 million engineering, procurement and construction (EPC) contract from the nation’s largest crude oil largest producer, PT Chevron Pacific Indonesia.
The consortium, comprising WIKA, PT Inwha Indonesia and PT Singgar Mulia, will work on the North Duri Development (NDD) area 13, which is part of Chevron’s Duri oil field in Sumatra.
The construction would cover mechanical, piping, electrical, instrumentation and other civil work, WIKA said in a statement sent to the Indonesia Stock Exchange (IDX) on Monday.
“The project will be carried out within 30 months,” the statement said.
Meanwhile, Chevron, according to its website, said it was expecting that the expansion of NDD area 13 would begin by mid-2012 with startup scheduled for 2013.
WIKA holds the greatest stake in the...