Bumi Armada suspends operations on FPSO Armada Perdana
The suspension of operations is due to longstanding delays in the bare-boat charter payments due to Bumi Armada, as well as irregular payments on the operations and maintenance contract.
The suspension of operations is due to longstanding delays in the bare-boat charter payments due to Bumi Armada, as well as irregular payments on the operations and maintenance contract.
Under these contracts, SBM Offshore will construct, install, lease and operate a floating production, storage and offloading vessel (FPSO).