Tuesday, July 12, 2011

Federal secures $25m line pipe supply contract in Indonesia

Federal International (2000) says its indirect wholly-owned subsidiary, PT Fedsin Rekayasa Pratama, has clinched a contract worth US$20 million ($24.5 million) to supply carbon steel line pipes and seamless bends to Pearl Oil (Sebuku) for an offshore gas field project known as the Ruby Field Development Project in the region of Sulawesi, Indonesia.

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