(Indonesia)-Total E & P Indonesia, a fully owned subsidiary of the Total Group, awarded PT Nippon Steel Construction Indonesia, a subsidiary of Nippon Steel Corp., an EPC contract to construct three offshore platforms for the Sisi and Nubi gas field located in East Kalimantan, Indonesia.
The scope of the contract covers engineering, procurement, fabrication and offshore installation for three offshore platforms totaling over 20,000 metric tons. The engineering and procurement will be performed in Jakarta, the fabrication of the platforms will be done in Nippon Steel's fabrication yard in Batam, Indonesia, and the offshore installation will be performed by Nippon Steel's derrick and lay bargeKuroshio. Pipeline installation will be conducted by another contractor. Platform deliveries are scheduled for 2Q2007.
This is the third major contract awarded by Total E & P Indonesia to the Nippon Steel subsidiary, following Peciko Phase 1 (1998) and Peciko Phase 2 (2001).
The Sisi and Nubi gas fields are located off the East Kalimantan coast in the Mahakam Contract block operated by Total E&P Indonesia in partnership with Tokyo-based INPEX Corp. under a production-sharing contract with the Indonesian government. Gas from Sisi and Nubi along with Peciko and Tunu gas will be sent to the Bontang LNG Plant for liquefaction and exports to Japan, Korea and Taiwan.
09/16/05
