Monday, February 22, 2010

Elnusa-Nordic gets new contract

Oil and gas services company PT Elnusa (ELSA) Tbk and its partner Nordic (Norway) have just secured 2D geoscience project for Seruway area, Aceh for a period of two years.
Elnusa provided no details about the new contract. Elnusa is accomplishing two 3D seismic projects worth US$33.7 million in Kalimantan and Papua. These projects will be accomplished in June.
Elnusa expects to get Rp1.4 trillion revenue from geoscience projects this year, while the consolidated revenue target for 2010 is Rp4.46 trillion, increased 29% from last year.

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