Nexus -
info_outline
Stay signed in to save your points and redeem your rewards at Nexus

Your Rewards are Waiting!

Stay signed in to save the points you've earned. Click on the points to redeem your rewards at Nexus before they expire.

Login In Now
Business

Abrupt FPSO cancellation a major setback for Bumi Armada, says Maybank IB

Bumi Armada's total order book as at end-March 2016 was RM36.4bil

KUALA LUMPUR : Maybank IB Research is reviewing its earnings forecast for Bumi Armada Bhd following the surprising cancellation of its floating production storage and offloading (FPSO) contract in the Balnaves field in northwestern Australia.

 

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 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
Tengku Zafrul calls for stronger Asean cooperation to bolster energy security
Cypark gets nod for Phase 2 WTE plant
Yoong Onn’s Singapore unit appoints contractor for RM41.18mil project
MR DIY 2Q26 net profit falls to RM134.4mil
Sports Toto disposes of stakes in 7-Eleven, Berjaya Assets for RM16.61mil
Ringgit higher against major currencies, eases against greenback at close
Tex Cycle eyes further growth as it expands environmental solutions business
West River secures RM22.56mil data centre electrical works contract
NEEAP 2.0 targets RM85.24bil utility savings, 11.6% cut in energy demand by 2035
Inokom launches RM300mil Paint Shop 3 in Kulim

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.