PETALING JAYA: Bumi Armada Bhd said a unit in India was notified by client Oil and Natural Gas Corp Ltd (ONGC) about its intention to extend the charter hire of a floating, production, storage and offloading (FPSO) vessel.
The current contract of Armada Sterling FPSO, which is 49% owned by Bumi Armada, is expiring on April 19.
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