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MEDIA RELEASE
Thiess Indonesia Reaches Significant Milestone Through Caltex Contract
May 15, 2008 PT Thiess Contractors Indonesia (Thiess Indonesia) has been awarded a contract by PT Caltex Pacific Indonesia, a subsidiary of Chevron Texaco, for general construction services in their Duri and Minas fields in Riau, Sumatera, Indonesia. The two-year contract is valued at US$37.7 million. The work will be awarded on an as-required basis by Caltex and covers diverse construction and maintenance work such as:
President Director of Thiess Indonesia, Bruce Munro, said, "The award of this contract is a significant milestone for Thiess Indonesia, as it is the first major multi-disciplined Oil and Gas project secured by the new Thiess Indonesia Oil and Gas group, which has recently been established to develop a new business stream in Oil and Gas Construction in Indonesia." The work is likely to require the recruitment of a substantial workforce, the vast majority of whom will be drawn from local communities around the work sites. The Duri and Minas fields cover an area of approximately 3,000 square kilometres with terrain ranging from the heavily forested southern area of Minas to the flat and frequently swampy landscape of northern Duri. Thiess Indonesia provides integrated project solutions in the mining, oil and gas and infrastructure sectors through quality services delivered on time and on budget in a safe and environmentally acceptable manner and in harmony with local communities. Communications Coordinator, Thiess Indonesia T: +62 21 2754 9999 E: enquiries@thiess.co.id |
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