Malaysia's Bumi Armada wins oil services deal from Lukoil
KUALA LUMPUR, July 5
KUALA LUMPUR, July 5 (Reuters) - Malaysian offshore oil services company Bumi Armada Berhad said on Friday that its Russian arm had won a 567.6 million ringgit ($178.34 million) supplementary deal from Russia's Lukoil.
The firm, controlled by the country's second-richest man, Ananda Krishnan, said in a stock exchange filing that the engineering, procurement, installation and pre-commissioning contract relates to the Filanovsky and Korchagin field in Russia's part of the Caspian Sea.
Most of the construction work is expected to be carried out and completed in 2015.
In April 2012, Bumi Armada won a $200 million engineering, procurement, installation and pre-commissioning contract from Lukoil.
($1 = 3.1827 Malaysian ringgits) (Reporting By Siva Sithraputhran. Editing by Jane Merriman)
- U.S. immigration protesters drop U.S. border blockade plan
- Exclusive: Angry with Washington, 1 in 4 Americans open to secession
- White House intruder was armed with knife: officials
- About 60,000 Syrian Kurds flee to Turkey from Islamic State advance |
- French jets strike in Iraq, expanding U.S.-led campaign against Islamic State |