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The FPSO Armada Perkasa has had its contract extended for an additional two years off the Nigerian coast according to a statement by Malaysia-based international offshore oilfield services provider, Bumi Armada Bhd.
Okoro-Setu field operator Afren Energy Resources Ltd extended its contracts with Armada Floating Solutions Limited and Bumi Armada (Singapore) Pte Ltd for the bareboat charter and the operations & maintenance, respectively, of the FPSO Armada Perkasa for another two years, with effect from 1 July 2014. The value of the contract extension is estimated at approximately RM 221 million in total.
Mr Hassan Basma, Executive Director/Chief Executive Officer of Bumi Armada said, “Our Armada Perkasa, has been operating for Afren since 2008 with more than 98% uptime. The extension of the two-year contracts by Afren is for the second and third optional extension years and underscores the quality of the asset and the operations and maintenance services provided by BAB Group.”
The FPSO Armada Perkasa is ABS-classed and was refurbished by Keppel Shipyard 2007. The vessel is 211.2 m long, weighs 58,557 deadweight tonnes and has a production capacity of 27,000 bbls/day of liquids and storage capacity for 360,000 barrels. To date, the FPSO has lifted over 32 million barrels of oil.
The original contracts were first awarded in 2007, to take effect from 1 July 2008, for a fixed term of five years with five one-year extension options thereafter. The initial optional extension of the contracts was extended in October 2012, for a one year period with effect from 1 July 2013.
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