Frost & Sullivan Names Bumi Armada “Oil & Gas Service Provider of the Year”

12 May 2010 – Bumi Armada was named “Oil & Gas Service Provider of the Year” in a glittering ceremony in Kuala Lumpur. Receiving the award at the Frost & Sullivan’s 2010 Malaysia Excellence Awards, was the company’s Executive Director and Chief Executive Officer, Mr Hassan Basma.

Elaborating on the awards selection process, Pn Jafizwaty Haji Ishahak, Frost & Sullivan’s associate director and chairwoman of the Malaysia Excellence Awards, said, “The market is scanned by our leading analysts, who track the individual business sector closely. Companies that stand out in this research are short-listed and further evaluated against each other by a regional team of Frost & Sullivan experts who eventually identify the deserving recipients.”

Commenting on Bumi Armada’s award, Mr Ravi Krishnaswamy, Director, Asia Pacific Energy & Power Systems Practice said, “Bumi Armada has the capability to provide total development solutions which includes seismic surveys, drilling facilities supply, installation and operation. The company has been able to deliver tough projects in tough times against tough schedules and maintain the promises they made to their stakeholders without losing their integrity. The company’s commitment to technology and focus on high-end, value-added assets has led the company expand into deepwater segments where they are competing on their own terms.”