Dril-Quip Bags $40 Mln Indonesia Contract

Dril-Quip Asia Pacific, in conjunction with its local representative, has been awarded a contract to supply subsea drilling and production equipment and related services to Kangean Energy Indonesia.

Kangean Energy is a contractor for SKK Migas, for the development of its Terang/Sirasun/Batur gas fields project located offshore Indonesia.

Dril-Quip will provide subsea wellhead systems, subsea tree systems, subsea control systems and other equipment for the project.

The contract is valued at approximately $40 million.

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