Bumi Armada boosts services with MPSV
KUALA LUMPUR: Bumi Armada Bhd, through wholly-owned Bumi Armada Offshore Contractor Ltd, has bought and taken delivery of a multipurpose platform support vessel (MPSV) from Condor Shipco Ltd for US$15.8 million (RM48.9 million).
Bumi Armada executive director and chief executive officer Hassan Basma said the acquisition underpins its strategy to provide services to the oil and gas industry as exploration and production moves further from shore to deeper and harsher waters.
"The MPSV joins our transport and installation fleet," Hassan said in a statement yesterday.
The fleet also comprises a derrick pipelay barge and a subsea umbilicals, riser and flowlines vessel, providing a broad range of support services for offshore installation and subsea work.
The diesel electric vessel was re-named Armada Condor, and was re-built in 2002, which involved an extension of vessel length, and addition of Dynamic Positioning 2 system and thrusters.
"The reconstruction ensured that 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, and can accomodate 127 people.