July 24, 2024

Bumi Armada, Navigator Gas and Bluestreak CO2 Announce Memorandum of Understanding with Uniper for Joint Study on Export of CO2 Emissions from Proposed UK Carbon Capture Plant

KUALA LUMPUR, 24 July 2024 – Bumi Armada Berhad (“Bumi Armada”) and Navigator Holdings Ltd. (hereinafter referred to as “Navigator Gas”) (NYSE: NVGS), announced today that Bluestreak CO2 Limited, the 50/50 joint venture relating to the previously announced non-binding memorandum of understanding between Bumi Armada and Navigator Gas (“Bluestreak CO2”), has entered into a memorandum of understanding (the “MoU”) with international energy company, Uniper (UK) Limited
(“Uniper”), to help meet the UK Government’s aim of decarbonising the power sector by 2030.