Search results for: Bumi Armada

49834 results

A list of search results

  • 15 March 2019
    Business & Finance, Infrastructure

    Malaysian provider of offshore vessels and FPSOs Bumi Armada has dissolved its U.S. subsidiary company Bumi Armada Americas, to reduce costs.

  • 18 April 2012
    Business & Finance

    Malaysia-based Bumi Armada Berhad has received an engineering procurement, installation and commissioning (EPIC) contract valued at approximately USD 200 million from the Russian oil major, OAO Lukoil. The EPIC contract is for the Filanovsky field development in the Russian sector of the Caspian Sea. Lukoil, a major international vertically integrated privately owned oil and gas […]

  • 11 April 2017
    Business & Finance, Infrastructure

    Lloyd’s Register (LR), a global engineering, technical and business services organization, has won an inspection contract with Bumi Armada for the Armada Olombendo FPSO. The vessel was built by Keppel’s shipyard in Singapore and chartered to the Italian oil company Eni for work on the East Hub Development Project off Angola. LR said on Tuesday […]

  • 29 October 2012

    Bumi Armada’s FPSO (floating production, storage and offloading) vessel, “Armada Sterling” is ready for departure at Keppel Shipyard Singapore. FPSO Armada Sterling, the former 107,000 deadweight tonne tanker Monte Umbe, is designed for 50,000 bopd(Barrels of Oil Per Day ) production capacity and net storage capacity of 750,000 barrels and accommodation for a crew of […]

  • 14 April 2015
    Business & Finance

    Malaysia-based Bumi Armada Berhad has entered into agreements with ElectroGas Malta Limited (EGM) for the conversion, supply and operations and maintenance of one floating storage unit (FSU). The contracts were signed through Bumi Armada’s wholly owned subsidiaries Armada Floating Gas Storage Malta Ltd (AFG Storage) and Armada Floating Gas Services Malta Ltd (AFG Services). The FSU […]

  • 9 August 2017
    Business & Finance, Operations & Maintenance

    Bumi Armada has set up a direct wholly-owned subsidiary and two indirect wholly-owned subsidiaries in the Netherlands. The company said that formation of a Netherlands holding company structure is part of Bumi Armada’s ongoing initiatives to streamline its corporate structure, create a corporate and legal shield, optimise efficiencies and establish a commercial presence close to key […]

  • 29 October 2012
    Business & Finance

    Malaysia-based international offshore oil and gas services provider, Bumi Armada Berhad, and an India-based diversified business group Shapoorji Pallonji Company Limited on Saturday announced the ready for departure of its FPSO (floating production, storage and offloading) vessel, “Armada Sterling” at a ceremony at Keppel Shipyard Singapore. The FPSO Armada Sterling will go to work for Oil […]

  • 9 November 2015

    LNG shipping giant MISC and Bumi Armada are reportedly on the verge creating a giant in the business through an FPSO vessel business merger.

  • 11 November 2015

    Following reports that Malaysia’s shipping giant MISC, and offshore vessel provider Bumi Armada could merge their respective FPSO businesses, MISC has denied the allegations. Namely, in a statement issued on Wednesday, the company said: “In response to recent market speculation, MISC wishes to state that the company is not in any discussions with Bumi Armada […]

  • 31 March 2014
    Business & Finance

    Bumi Armada, the largest owner and operator of offshore support vessels in Malaysia has received a Letter of Intent (LOI) from Eni Angola S.p.A. for the chartering, operation and maintenance of a floating production, storage and offloading vessel (FPSO). Eni Angola has stated its intention to award the contract to a consortium of Bumi Armada Offshore […]

  • 11 August 2017
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Bumi Armada’s wholly owned subsidiary Bumi Armada Caspian has signed a supplementary agreement with Lukoil for additional engineering, procurement, construction and installation (EPCI) scope. The additional scope will involve Bumi Armada’s Subsea Construction assets to lay subsea pipelines and undertake post trenching and back-filling works on sections of the Filanovsky field in the Russian sector […]

  • 31 March 2014
    Business & Finance

    Bumi Armada will convert a Very Large Crude Carrier into an FPSO which will serve Eni in Angola. Malaysia-based international offshore oilfield services provider, Bumi Armada Berhad  has received a Letter of Intent from eni Angola S.p.A  , a wholly-owned subsidiary of Eni S.p.A. the Italian multinational oil and gas company, wherein eni Angola has stated its intention […]

  • 11 February 2014
    Business & Finance

    Malaysia-based oil and gas offshore oilfield services provider, Bumi Armada Berhad, launched its Floating Production, Supply and Offloading (FPSO) vessel, the Armada Claire on 8 February 2014. The Armada Claire is owned and operated by Bumi Armada. The vessel will operate in block WA-49-L of the Balnaves Field, north-west Australia which is owned and operated […]

  • 21 July 2011
    Business & Finance

    Bumi Armada, a Malaysian-based international offshore services provider, was listed on the Main Market of Bursa Malaysia Securities Berhad (“Bursa Malaysia”) this morning. Malaysia’s largest owner and operator of offshore support vessels  (“OSV”) and the eighth largest floating production, storage and offloading (“FPSO”) operator in the world, Bumi Armada’s listing marks the completion of the […]

  • 30 September 2011
    Business & Finance

    Malaysia-based international company, Bumi Armada Berhad, signed today a contract to supply and operate an FPSO for Apache Energy Ltd (Apache), to be located in block. WA-49-L of the Balnaves Field, north-west Australia The contract is  for an initial 4 years fixed term time charter with an option of a further four year annual extension […]

  • 11 November 2015
    Business & Finance

    Malaysian shipping company MISC Berhad (MISC), a subsidiary of Petronas, has refuted market rumors on talks with Bumi Armada Berhad on potential merger of the companies’ floating production storage and offloading (FPSO) vessel businesses.  Recent media reports claimed that MISC may be planning to sell its FPSO to Bumi Armada in exchange for Bumi Armada shares. The reports saw Bumi Armada […]

  • 21 March 2012
    Business & Finance

    Malaysia-based international offshore oil field services provider, Bumi Armada Berhad, announced that its subsidiary, Bumi Armada Navigation Sdn Bhd, has been awarded another four-year charter and operations contract by Brazilian oil and gas major, Petróleo Brasileiro S.A. (PETROBRAS) for its Platform Supply vessel (“PSV”) Armada Tuah 301 (“AT301”). The 75 m long PSV with DP2 […]

  • 8 July 2013
    Business & Finance

    Malaysia-based international offshore oilfield services company, Bumi Armada Berhad announced on July 5 that its wholly-owned Russian subsidiary, Bumi Armada Caspian LLC signed a supplementary agreement worth USD178.5 million with OOO LUKOIL-Nizhnevolzhskneft for EPIC (engineering, procurement, installation and pre-commissioning) work in the Filanovsky and Korchagin field in the Russian sector of the Caspian Sea. This  […]

  • 15 June 2017
    Infrastructure

    Malaysia’s Bumi Armada and India’s Shapoorji Pallonji Oil & Gas have established a joint venture company in Ghana. The Joint Venture named Bumi Armada Shapoorji Pallonji Ghana Limited (“BASPG”), was established on June 5, 2017, in Ghana, and it received the certificate of incorporation June 10, 2017. The two companies have joined forces hoping to […]

  • 19 December 2012

    Bumi Armada Berhad, its jointly controlled entity, Armada D1 Pte. Ltd. (Armada D1) has secured syndicated term loan facilities of up to USD276.4 million from Allahabad Bank, Bank of Baroda, Bank of India, Indian Bank, Indian Overseas Bank, UCO Bank and Union Bank of India. The facility will be used to part finance all costs […]

  • 30 September 2011
    Business & Finance

    Malaysia-based international company, Bumi Armada Berhad, signed today a contract to supply and operate an FPSO for Apache Energy Ltd (Apache), to be located in block. WA-49-L of the Balnaves Field, north-west Australia The contract is  for an initial 4 years fixed term time charter with an option of a further four year annual extension […]

  • 31 March 2014
    Business & Finance, Project & Tenders

    Malaysia-based Bumi Armada Berhad has received a Letter of Intent (LoI) from eni Angola S.p.A, for the award of a contract for the chartering, operation and maintenance of a FPSO vessel to a consortium of Bumi Armada Offshore Holdings Limited and Angoil Bumi JV Limitada (ABJL) for deployment at Block 15/06, East Hub located offshore […]