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Federal teams up with China Merchant unit to bid for O&G projects in Indonesia

Mr Koh says with the MOU in place, Federal will now be able to lean on the financial muscle of China Merchants Industry Holdings.


OILFIELD services provider Federal International (2000) and China Merchants Industry Holdings Co (CMIH) are teaming up to bid for oil and gas (O&G) projects in Indonesia.

Federal announced after trading closed that a memorandum of understanding (MOU) was signed with...

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