Bumi Armada JV secures RM9.5b FPSO contract off Angola


KUALA LUMPUR: Bumi Armada Bhd has received a letter of intent from Italy’s eni Angola S.p.A for a RM9.5bil floating production, storage and offloading vessel (FPSO) contract at Block 15/06, East Hub off Angola.

In a statement on Monday, Bumi Armada said the letter of intent was issued to its subsidiary Bumi Armada Offshore Holdings Ltd and Angoil Bumi JV Lda.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Australia's Lynas Rare Earths CEO to retire after over a decade in role
AirAsia X to be renamed AirAsia from Jan 19
HK sees innovation, tech efforts bear fruit
VSTECS appointed distributor of Agibot humanoid robotics solutions
Kumpulan Jetson unit disposes of adhesives manufacturing business for RM14.8mil
Malaysia's Nov natural rubber production down 29.6% - DOSM
Perodua expects Malaysia's TIV to reach 820,000 units for 2025
Required low-carbon investment for OIC averages 1.4% of GDP - Bank Negara deputy governor
MPOB to introduce used cooking oil reference price in 1Q 2026
Bank rally keeps FBM KLCI at multi-year highs

Others Also Read