Asia
Bumi Armada gets Afren Energy FPSO extension
Kuala Lumpur: Bumi Armada has announced that Afren Energy Resources has extended its contracts for the bareboat charter and the operations & maintenance of the Armada Perkasa FPSO by a further two years.
The extension, which takes effect from 1 July 2014 is valued at close to $68m.
The original contract for the FPSO was awarded in 2008, and the FPSO has been operating in the Okoro-Setu Field, Nigeria. [17/12/13]