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Gold/Mining/Energy : Lundin Oil (LOILY, LOILB Sweden)

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To: balisurf who wrote (855)12/4/1998 3:24:00 PM
From: Tomas  Read Replies (1) of 2742
 
Malaysia: According to Petronas there has been no talk of any delay to the second phase of the PM3 field development, and the project is going ahead as scheduled. Today's Upstream says Kuala Lumpur-based contractor JP Kenny has landed an engineering design and procurement support contract for the second phase of Swedish operator Lundin's Bunga Kekwa development, covering six inter-field pipelines and two pipeline end manifolds.

Does this indicate that the important gas contracts will be signed this month? "Before the end of December" is what Lundin Oil say themselves.
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