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Apexindo secures new PHM contract for semisubmersible Yani

Apexindo won a new contract from PT Pertamina Hulu Mahakam for offshore drilling in the Mahakam Delta region of East Kalimantan. The contract was signed on 18 August 2026 and covers the 1982-built semisubmersible barge Yani. The company said the contract is estimated at $74.3 million, with a firm term of two years and an …

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