Bumi Armada Wins $300m FSU Contract in Malta
Malaysian oil field services firm Bumi Armada Bhd has won contracts worth $300 million to provide a floating storage unit in Delimara, Malta, to ElectroGas Malta Limited, it said on Tuesday.
The contracts are for a period of 18 years and 2 months from 2016, said Bumi Armada in an announcement to the stock exchange.
ElectroGas Malta is the national electricity company of Malta and is majority owned by its government.
Reporting by Al-Zaquan Amer Hamzah
