Petrosea Expands EPC Footprint to Pakistan with $26 Million Mining Project
Jakarta. Indonesian engineering and mining services company Petrosea (PTRO) has signed an initial implementation agreement with Reko Diq Mining Company, marking its first engineering, procurement, and construction (EPC) venture in Pakistan.
Under the Limited Notice to Proceed, Petrosea and its wholly owned subsidiary Petrosea Solutions Pakistan will provide EPC services for the Reko Diq gold and copper mining project, one of the world’s largest of its kind located in Balochistan, Pakistan.
The $26.2 million (approximately Rp 432 billion) contract covers the construction of concrete foundations for the dry plant, wet plant, and non-process infrastructure, along with detailed earthworks. The project is expected to run for about ten months.
“The signing of this agreement represents Petrosea’s business expansion and the development of our EPC services beyond Indonesia, supporting diversified and sustainable growth,” said Michael Kurniawan, President Director of Petrosea, in a statement on Wednesday.
Petrosea, which has operated for more than five decades, offers integrated services across the mining and energy value chain, from EPC and offshore engineering to logistics. The company recently diversified its portfolio through Hafar Group, focusing on offshore EPCI services in the non-coal sector.
Tags: Keywords:The Latest
UN Boss Commends Indonesian Forest Protection Despite Persistent Haze Problem
Outgoing UN boss António Guterres' comment comes at an ironic time amid Indonesia's struggle with forest fires.Indonesia Must Benefit Most From Its Minerals: UN Chief
Outgoing UN chief António Guterres says that Indonesia must "retain a far greater share of the economic value" from its minerals.Chandra Asri Group Receives Trade Finance Excellence Award, Reinforcing Its Role in Indonesia’s Industrial Development
Chandra Asri Group receives the Trade Finance Excellence Award at CIMB Niaga Business Summit 2026.AEON MALL Deltamas Brings 11 Sports and Creative Competitions to AEONLYMPIC 2026
AEON MALL Deltamas hosts AEONLYMPIC 2026, featuring 11 sports and creative competitions, with more than 3,100 participants.Indonesian Stocks Extend Losses for Third Day, Fall 3.64% to 4,996
Indonesian stocks fell 3.64% on Monday, extending losses for a third straight session amid MSCI concerns and tighter trading limits.Most Popular
