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Latest News
Petrosea Signed a US$300 Million Contract Extension to Gunungbayan Coal Overburden Project
30 October 2008
Jakarta, 30 October 2008 - PT Petrosea Tbk (IDX:PTRO) has signed a new contract for a US$300 million, 60-month extension to its long-term coal overburden stripping contract adjacent to Muara Pahu in East Kalimantan on improved terms and conditions.
Pakar Project Update
22 October 2008
Jakarta, 22 October 2008 – PT Petrosea
Tbk (Petrosea) today announces a project
update with respect to its mining operations
performed in alliance with its client, PT
Ilthabi Bara Utama (IBU).
Santan Batubara Coal Concession – Resource Confirmed
18 September 2008
Jakarta, 18 September 2008 – Engineering,
construction and contractor mining
company PT Petrosea Tbk (IDX:PTRO)
today provided an update on the Santan
Batubara coal concession project. The coal
concession, which is located in East
Kalimantan, 45 km north of Samarinda and
30 km by road to port, is owned by PT
Santan Batubara, a 50/50 joint venture
between Petrosea and PT Harum Energy.
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