Extension of Armada TGT FPSO

Bumi-Armada

Bumi Armada reported that its wholly owned subsidiary, Armada TGT Ltd has signed a contract extension of Bare Boat Charter with Hoang Long Joint Operating Company (HLJOC) for the charter of FPSO Armada TGT 1 worth USD285m or c.RM1.2bn.

The charter period is from 27 August 2018 until 14 November 2024.

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