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Bumi Armada records higher net profit in Q1
KUALA LUMPUR: Bumi Armada Bhd’s net profit rose 28 per cent to RM62.21 million for the first quarter (Q1) ended March 31, 2019 compared with RM48.42 million in the same quarter last year. Revenue, however, fell to RM491.61 million from
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Bumi Armada secures third FPSO project in India worth RM8.8 billion
KUALA LUMPUR: Shapoorji Pallonji Bumi Armada Godavari Pvt Ltd (SPBAG), a joint venture owned 30 per cent by Bumi Armada Bhd, has secured a US$2.1 billion (RM8.8 billion) contract from India’s state-owned Oil and Natural Gas Corporation Ltd (ONGC). In
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