UNOCAL SCHEDULES FIELD DEVELOPMENT OFF EAST KALIMANTAN

Unocal Indonesia Ltd. has let a turnkey contract to PT Gema SemBrown (GSB) to build a platform to set in the deepest water yet off Indonesia. The contract, worth more than $40 million, calls for GSB to engineer, procure, fabricate, install, and hook up Unocal's SA drilling and production platform in 335 ft of water in Serang field. Site is in Makassar Strait, about 25 miles off East Kalimantan.

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