Tripatra – Consortium Signs the First Deepwater Development Project in Indonesia

A consortium between PT Tripatra Engineers & Constructors (“Tripatra”), a subsidiary of PT Indika Energy Tbk. (“Indika Energy”), PT Saipem Indonesia, PT Chiyoda International Indonesia and Hyundai Heavy Industries Co. Ltd., have signed a US$1.1 billion contract from ENI Muara Bakau BV., for the development of a new Floating Production Unit (FPU) in the Jangkrik Complex, Muara Bakau permit area, Makassar Strait, offshore of Kalimantan. 31Oct2013