Bumi Armada to supply 2 PSVs to Interoil Angola

Kuala Lumpur: Malaysian offshore oilfield services provider Bumi Armada Berhad announced that its wholly-owned subsidiaries, Armada Offshore OSV Limited and Bumi Armada (Labuan), have received Letters of Award from Interoil Angola Limitada, a leading player in offshore accommodation in West Africa for the charter of two platform supply vessels, Armada Tuah 306 and Armada Tuah 302 respectively. The PSVs will be supporting Total E&P Angola in the drilling campaign on Block 32 offshore Angola.

The contracts for the two vessels are worth $16m in total for an initial operation period of one year firm, with four options of six months each at an aggregate value of $32m.

“Angola is a critical market in West Africa and produces 1.7 million barrels of oil per day. These contracts underline our expanding footprint in West Africa and the increasing importance of Angola to our operations,” said Hassan Basma , CEO of Bumi Armada. [27/01/14]

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