Monday, May 14, 2007

PT Apexindo Wins Contract Extension from Total

rigzone.com, AFX News Limited --Rig operator PT Apexindo Pratama Duta said it has secured a five-year rig contract extension worth US$146 million from Total E&P Indonesie for its Maera submersible swampbarge offshore rig.

The rig is one of Apexindo's four swampbarge rigs contracted by Total for exploration and production activities in Tunu, East Kalimantan.

(US$1 = 8,826 rupiah)