Petrosea-ETI-Nindya Consortium Signs a Rp989 Billion Contract

PT Petrosea Tbk (PTRO) announced on 2nd March  that Petrosea-ETI-Nindya, a consortium established in collaboration with PT Envrionmate Technology International and PT Nindya Karya (Persero) has signed the Onshore LNG Perimeter Construction Works Contract with INPEX Masel LTD for a project located in Lapangan Abadi, Masela Block, Tanimbar Islands, Maluku. The contract’s estimated value reached Rp989 billion for 36 months period, with PTRO participation portion reaching 36%.