Keppel Offshore & Marine announced it is on track to deliver a floating production storage and offloading (FPSO) vessel to Armada Madura and Bumi Armada offshore Indonesia, through its subsidiary Keppel Shipyard.
Bumi Armada | Offshore Post
EnQuest announced today it has managed to achieve further cost cuts on the Kraken oil field in the UK North Sea as well as reaching a deal with creditors over debt restructuring.
North Sea FPSO (floating production storage and offloading) unit Armada Kraken is now on track to be delivered to Bumi Armada before it starts operating in the North Sea, Keppel Shipyard announced.
Bumi Armada is to take legal action over an FPSO contract cancelation, after it claims the termination by Woodside Energy is simply for ‘convenience’.