Bumi Armada posts 3Q net profit of RM177.77mil as Kraken returns to full operations

KUALA LUMPUR: Bumi Armada Bhd's operations are back on track following the restoration of the Armada Kraken floating production storage and offloading (FPSO) facility to pre-shutdown levels. The oil and gas services provider said it has also fully restored board redundancy to original design status. "Further to this, there is an additional new transformer onshore awaiting a weather...

Bumi Armada gets nod to bid for FLNG jobs globally

KUALA LUMPUR: Bumi Armada Bhd's approval from the American Bureau of Shipping (ABS) for a proposed floating LNG (FLNG) concept is expected to open doors for the company. In an announcement yesterday, the offshore services provider said it had developed the barge-based liquefaction unit for a standardised LNG design capacity based on a modularised and repeatable compact...