SINGAPORE: Magnus Energy Group together with Oriental EPC Private Limited received a letter of offer from a state-owned enterprise in Indonesia on July 2nd to assist with the construction of liquefied petroleum gas (LPG) terminals in various parts of Indonesia. Magnus Energy and Oriental EPC had accepted the LOO via the agent on 16 July 2020.
Magnus and Oriental EPC will be seeking legal advice from a qualified Indonesian law firm on the drafting of the formal engineering, procurement and construction (EPC) contract agreement and all other necessary agreements and contracts with the client.
Oriental EPC is one of the top EPC companies in India and primarily provides EPC services to major organisations in the chemical processing plant, effluent treatment plant, metallurgical, mini refinery, thermal and nuclear power, oil terminal operations, organic and inorganic chemicals and basic infrastructure sectors.