Bumi Armada Sells Armada Perdana FPSO

6 Sep 2019

Malaysia-based international offshore energy facilities and services provider Bumi Armada Berhad (“Bumi Armada” or “the Group”) today announced its wholly-owned subsidiary Armada Oyo Limited (“AOL”) has entered into an agreement with Century Energy Services Limited (“CESL”) for the sale of the Armada Perdana FPSO for a consideration of USD40 million (“Purchase Price”). CESL plans to redeploy the vessel to another field in Nigeria.

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