Bumi Armada FPSO charter extended by ONGC

Malaysia’s Bumi Armada has announced that jointly controlled entity Shapoorji Pallonji Bumi Armada Offshore has received notification from India’s ONGC about its intention to extend the charter hire of the Armada Sterling FPSO.

The charter is due to expire on April 20, and ONGC says the approval for formalisation of the contract extension has been delayed due to the Covid-19 lockdown in India.

The Armada Sterling FPSO was originally chartered by ONGC for seven years, and has been operating in the ONGC D1 field located 200km off the west coast of Mumbai.

Shapoorji Pallonji Bumi Armada Offshore is a joint venture between Bumi Armada and Shapoorji Pallonji Oil and Gas.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.
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