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Bumi Armada secures more work worth RM576m from Russia's LUKOIL

Mimi Sabreena 9:21:00 PM Informasi

KUALA LUMPUR (Aug 11): Bumi Armada Bhd has inked a supplemental agreement for additional job scope worth US$134 million — about RM576 million — from Russia's LUKOIL-Nizhnevolzhskneft LLC.

This extra engineering, procurement, construction and installation scope will involve the laying of subsea pipelines and the undertaking of post-trenching and back-filling works by Bumi Armada's subsea construction assets.

The work is to be done on sections of the Filanovsky field in the Russian sector of the Caspian Sea, said Bumi Armada in a statement this evening.

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