Bumi Armada says FPSO contract in India will be extended


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.

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

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FPSO , Bumi Armada , ONGC , India , oil and gas

   

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