December 3, 2013 / 6:42 AM / 4 years ago

Malaysia's Bumi Armada in $280-mln charter deal with Lukoil

KUALA LUMPUR, Dec 3 (Reuters) - Malaysia’s offshore oil field services firm Bumi Armada Bhd said on Tuesday it will lease six marine vessels to Russian oil firm Lukoil-Nizhnevolzhskneft in charter contracts worth up to $280 million.

The vessels, due for delivery as early as November next year, will support Lukoil-Nizhnevolzhskneft’s oil and gas operations within the Filanovsky field at the Caspian Sea, according to Bumi Armada’s stock exchange filing.

Bumi Armada shares dropped 2 percent to 3.92 ringgit per share prior to the announcement, underperforming the benchmark stock index’s 0.55 percent rise. (Reporting By Yantoultra Ngui; Editing by Himani Sarkar)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below