JAKARTA -- Indonesian state-owned oil and gas company Pertamina on Monday announced the signing of a 57.8 trillion rupiah ($4 billion) contract with South Korea's SK Engineering & Construction and Hyundai Engineering for a major upgrade of an old refinery in East Kalimantan province.
Companies
Pertamina partners with South Korean entities to build $4bn refinery
Indonesian state-owned energy company plans upgrade of Balikpapan facility
Indonesian state-owned Pertamina hopes to cut reliance on overseas energy providers as it partners with South Korea's SK Engineering & Construction and Hyundai Engineering to upgrade an aging facility.
Read Next
Latest on Companies
