PETALING JAYA: Bumi Armada Bhd has secured a RM844mil (US$262mil) contract from Russia’s Lukoil-Nizhnevolzhskneft Ltd to provide three ice-class vessels to service offshore platforms in the Filanovsky field in the Caspian Sea.
Hong Leong Investment Bank analyst Jason Tan said the long-term contract award would further strengthen the company’s foothold in the Caspian region.
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