Bumi Armada Extends Wins in Caspian Region with Rm567.6 Million Contract

5 July 2013 – Malaysia-based international offshore oilfield services company, Bumi Armada Berhad announced today that its wholly-owned Russian subsidiary, Bumi Armada Caspian LLC signed a supplementary agreement worth RM567.6 million* (USD178.5 million) with OOO LUKOIL-Nizhnevolzhskneft for EPIC* (engineering, procurement, installation and pre-commissioning) work in the Filanovsky and Korchagin field in the Russian sector of the Caspian Sea. This contract increases Bumi Armada’s Transport and Installation order backlog to over RM2 billion (USD629.4 million).