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Bumi Armada secures $68m extension for Nigeria FPSO

Bumi Armada secures $68m extension for Nigeria FPSO
Bumi Armada continues its good track record with a two-year MYR221m ($68.2m) contract extension with Afren Energy Resources for its Armada Perkasa FPSO operating in the Okoru-Stu field offshore Nigeria.

The contracts, signed with its Armada Floating Solutions and Bumi Armada (S) Pte Ltd units are for bareboat charter and operations and maintenance, respectively, and will take effect from 1 July 2014, Bumi Armada said in a statement.