PETALING JAYA: A joint-venture (JV) company that is 30% owned by Bumi Armada Bhd has secured a floating production, storage and offloading vessel (FPSO) contract from India’s state-owned oil company, Oil and Natural Gas Corp Ltd (ONGC).
The JV company, Shapoorji Pallonji Bumi Armada Godavari Pte Ltd, is 70% owned by Shapoorji Pallonji Oil & Gas Pte Ltd of India.
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