March 14, 2013

Bumi Armada buys support vessel for US$15.8mil

Bumi Armada Bhd, through unit Bumi Armada Offshore Contractor Ltd, has acquired and taken delivery of a multipurpose platform support vessel (MPSV) from Condor Shipco Ltd for US$15.8mil (RM49.12mil).

Bumi Armada executive director-cum-chief executive officer Hassan Basma said the acquisition underpinned the company’s strategy to provide services to the oil and gas industry, as exploration and production moves further from shore to deeper and harsher waters.

“The Armada Condor joins our Transport and Installation fleet, which comprises a derrick pipelay barge and a subsea umbilicals, riser and flowlines (SURF) vessel in providing a broad range of support services for offshore installation and subsea work,” he said in a statement yesterday.

The diesel electric vessel, which was re-named Armada Condor, was rebuilt in 2002, which involved an extension of vessel length, an addition of the Dynamic Positioning 2 (DP) system and thrusters. “The reconstruction ensured the Armada Condor had the facilities and capability for worldwide operations,” Hassan said.

The support vessel has 1,100 square metres of deck space with a deck load capacity of 1,300 tonnes.

The Armada Condor can accommodate 127 people. 

Source: Bernama