Bumi Armada’s 30%-owned JV secures India FPSO project


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.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Oil , Gas , Bumi Armada , Ananda Krishnan , Harland , India , FPSO , ONGO ,

   

Next In Business News

Bursa takes a breather at midday
Kucingko secures Bursa Malaysia's approval to list on ACE Market
MAG explores three-year tie-up with Tourism Malaysia to promote tourism
China's factory, services activity growth slows in April
Samsung first-quarter profit up 10-fold on memory chip recovery
Ringgit opens slightly lower against US$ ahead of FOMC meeting
MKHOP makes Main Market debut at 63c/share
Growth momentum continues on Bursa
Wall St notches gain; yen surges, intervention suspected
Trading ideas: KLK, Capital A, AAX, UOA, YTL Hospitality, Malakoff, Sapura Energy, Oppstar

Others Also Read