Bumi Armada Signs Kraken Contract Worth USD 1.4 Billion / RM 4.6 Billion

23 Dec 2013 – Malaysia-based international offshore oilfield services provider, Bumi Armada Berhad announced that its nominated wholly-owned subsidiary, Armada Kraken Pte. Ltd. has signed a bareboat charter contract with EnQuest Heather Limited, EnQuest ENS Limited, First Oil and Gas Limited, Nautical Petroleum Limited and Nautical Petroleum AG as field partners, led by EnQuest Heather Limited as field operator on 20 Dec 2013 for a Floating Production, Storage and Offloading Vessel (“FPSO”) to be deployed at the Kraken field located in the UK sector of the North Sea.