Bumi Armada Berhad

Bumi Armada Berhad is a leading Malaysia-based international offshore energy facilities and services provider. Founded in 1995, the company is headquartered in Kuala Lumpur, Malaysia. Bumi Armada specializes in floating production storage and offloading units (FPSOs), floating storage units (FSUs), offshore support vessels, and other offshore oil and gas facility services.

Key Areas of Operation:

1. FPSOs (Floating Production Storage and Offloading units):

   • FPSOs are essential in the offshore oil and gas industry, serving as mobile platforms that produce and store hydrocarbons before they are offloaded onto tankers or pipelines.
   • Bumi Armada is one of the largest FPSO operators in Malaysia and has several FPSOs deployed around the world.

2. Offshore Marine Services:

   • The company manages a diverse fleet of offshore support vessels (OSVs) that provide logistics and operational support for offshore exploration and production activities.
   • OSVs include anchor handling tug supply vessels (AHTS), platform supply vessels (PSVs), and others.

3. Other Services:

   • Bumi Armada also offers subsea construction, installation, and maintenance services.
   • The company engages in projects from engineering design and installation to the final commissioning and ongoing maintenance.

Global Operations:

• The company has a strong international presence with operations in key offshore oil and gas regions including West Africa, the North Sea, Latin America, and Southeast Asia.

Financial Performance:

• Bumi Armada Berhad is publicly traded on the Bursa Malaysia Stock Exchange under the ticker code "ARMADA."
• The company's financial performance has seen various phases, often influenced by global oil prices, contract acquisitions, and operational efficiencies.

Sustainability and Safety:

• Bumi Armada places a strong emphasis on sustainability, environmental responsibility, and safety in its operations. The company adheres to stringent international standards and regulations to ensure the well-being of its workforce and the communities where it operates.

Recent Developments:

• Bumi Armada continues to secure contracts and extensions for its FPSO units and offshore services, enhancing its global footprint and revenue streams.
• The company is also exploring opportunities in renewable energy sectors like offshore wind farms, aligning with global energy transition trends.

Management and Workforce:

• The company is governed by a board of directors consisting of experienced professionals from various fields within the energy sector.
• It employs a diverse workforce, including engineers, project managers, vessel crew, and administrative staff, all essential for its multifaceted operations.

Overall, Bumi Armada Berhad is a key player in the offshore energy services industry, with a robust portfolio, international reach, and commitment to innovation and sustainability.