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

By Nadya Ngui

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.

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

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Bumi Armada , letter of intent , Italy’s eni Angola S.p.A , FPSO , floating production , storage and offloading vessel , Angola , Bumi Armada Offshore Holdings Ltd , Angoil Bumi JV Lda

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