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Few S'pore O&M firms gain as Indonesia increases oil production

Cabotage law, which protects jobs in the sector for Indonesians, to include shipyards


INDONESIA will be increasing its oil production over the next few years but only a few offshore marine players here can benefit from this because of an Indonesian rule that protects jobs in the industry for Indonesians.

While rig builders here could stand to gain in the...

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