KUALA LUMPUR (March 21): Bumi Armada Bhd has secured a four-year charter and operations contract from Brazilian oil and gas major, Petróleo Brasileiro S.A. (Petrobras) valued at RM115 million.
It said on Wednesday that under the contract, its platform supply vessel (PSV) Armada Tuah 301 would support Petrobras’ cargo transportation between platforms and the transfer of personnel in the Brazilian continental shelf.
With a deadweight of 3,000 tonnes, the 75-metre long AT301 is Bumi Armada’s first PSV, complementing its fleet of over 40 OSVs.
“The four-year contract comes with an extension of a further four years, and the total award is estimated to be valued at approximately RM115 million. The contract is expected to be effective by the second quarter of 2012,” it said.
It said on Wednesday that under the contract, its platform supply vessel (PSV) Armada Tuah 301 would support Petrobras’ cargo transportation between platforms and the transfer of personnel in the Brazilian continental shelf.
With a deadweight of 3,000 tonnes, the 75-metre long AT301 is Bumi Armada’s first PSV, complementing its fleet of over 40 OSVs.
“The four-year contract comes with an extension of a further four years, and the total award is estimated to be valued at approximately RM115 million. The contract is expected to be effective by the second quarter of 2012,” it said.
