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Bumi Armada wins RM576mil additional job from Lukoil

August 11, 2017 11:21 AM
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Bumi Armada wins RM576mil additional job from Lukoil

KUALA LUMPUR: Bumi Armada Bhd, which in December 2013 bagged a 10-year, US$262mil (RM1.13bil) contract from Russia’s Lukoil-Nizhnevolzhskneft Ltd, has been given additional scope of work valued at US$134mil (RM575.6mil).

In a filing with Bursa Malaysia, the offshore energy facility and service provider said its unit Bumi Armada Caspian LLC (BAC) had inked a supplementary agreement with Lukoil for additional engineering, procurement, construction and installation (EPCI) scope.

The additional scope will involve BAC’s marine spread to lay subsea pipelines and undertake post trenching and back-filling works on sections of the Filanovsky field in the Russian sector of the Caspian Sea.

In 2013 Bumi Armada was given a contract to provide three ice-class vessels to service offshore platforms in the Filanovsky field.

Source: thestar.com.my

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