VOL. XLIII

No. 42

16-OCTOBER-2000

KUWAIT

KUFPEC Awards $62Mn EPIC And O&M Contracts For Oseil Field Development In Indonesia

Kuwait Foreign Petroleum Exploration Companys Indonesian subsidiary (KUFPEC Indonesia) on 3 October awarded an engineering, procurement, installation and commissioning (EPIC) contract and an operations and maintenance (O&M) contract, together worth $61.7mn, for the first phase of development and production at the Oseil field on Seram Island in eastern Indonesia. The...