Bumi Armada well-positioned for gas jobs globally

“We are positive on the latest development that will open doors for Bumi Armada to FLNG projects,” Kenanga Research said. — AP

PETALING JAYA: Bumi Armada Bhd is seen to be in a good position to bid for floating liquefied natural gas (FLNG) jobs globally and this bodes well for its future growth.

This comes after the oil and gas services provider secured the approval from the American Bureau of Shipping for an innovative FLNG infrastructure solution that could bring LNG to the market in a fast, cost-effective, flexible, and reliable manner.