Bumi Armada announced that it had, through its subsidiary, received a letter of intent from Eni Angola SPA for the award of a Floating Production, Storage and Offloading (FPSO) vessel contract.
The letter of intent paves the way for a RM9.5 billion contract to be awarded to a consortium of Bumi Armada Off Shore Holdings and Angoil Bumi JVLDA.
