Bumi armada news
Bumi Armada is a Malaysian-based offshore oil and gas services company. Here are some recent news and updates about the company:
- New Contracts: Bumi Armada has recently secured several new contracts, including a five-year contract with Shell Malaysia to provide offshore oil and gas services, and a three-year contract with Petronas to provide FPSO (Floating Production, Storage and Offloading) services.
- FPSO Operations: The company has been operating several FPSO vessels in the region, including the Armada Kraken, which is currently operating in the Kraken field in the North Sea.
- Expansion into New Markets: Bumi Armada is expanding its operations into new markets, including the Middle East and Africa. The company has recently established a new office in Dubai to support its growth plans in the region.
- Investment in Technology: The company is investing in new technologies to improve its operations and reduce costs. This includes the use of digitalization and automation to optimize its FPSO vessels and improve efficiency.
- Sustainability Efforts: Bumi Armada is committed to reducing its environmental impact and has implemented several sustainability initiatives, including reducing its carbon footprint and implementing waste reduction programs.
- Awards and Recognition: The company has received several awards and recognition for its services, including the "Best FPSO Operator" award at the 2020 Offshore Technology Conference.
- Newbuildings: Bumi Armada has recently taken delivery of several newbuildings, including the Armada Suri, a new FPSO vessel that will operate in the Suriname-Guyana Basin.
- Partnership with Petronas: The company has partnered with Petronas to develop a new FPSO vessel for the Petronas-operated Kikeh field in Malaysia.
- Expansion of Services: Bumi Armada is expanding its services to include new areas such as decommissioning and abandonment of offshore oil and gas facilities.
- Financial Performance: The company has reported strong financial performance in recent years, with revenue growth and improved profitability.
These are just a few examples of the recent news and updates about Bumi Armada. If you're looking for more information, I can try to help you find it!