Bumi Armada Offshore Contractor Ltd
- Ship Managers
- Ship Owners
Bumi Armada Berhad is a Malaysia-based international offshore energy facilities and services provider. Incorporated in 1995, the company has grown to become one of the largest floating production storage and offloading (FPSO) providers in the world. The company operates under various subsidiaries and business units, one of which may be referred to as Bumi Armada Offshore Contractor Ltd.
Here are some key points about Bumi Armada and its operations:
Core Services:
FPSO (Floating Production Storage and Offloading):
- Design, engineering, procurement, construction, installation, operations, and maintenance of FPSO units.
- FPSOs are essential for the extraction and processing of hydrocarbons from offshore fields and storing oil until it can be offloaded onto a tanker or transported via pipeline.
OSVs (Offshore Support Vessels):
- Providing marine support services to upstream oil and gas companies.
- Includes services like towing, anchor handling, supply of materials, and transportation.
Subsea Construction:
- Installation of subsea infrastructure, including pipelines and subsea structures.
- Inspection, maintenance, and repair of subsea facilities.
Floating Gas Solutions (FGS):
- Includes services such as Floating Storage Units (FSUs) and regasification.
Geographical Reach:
- Bumi Armada has a global presence with operations in key regions, including West Africa, South America, the Caspian Sea, and Southeast Asia.
- The company is headquartered in Kuala Lumpur, Malaysia, but it operates across multiple continents, signifying its global reach and diversified clientele.
Financials and Market Position:
- Listed on the Main Market of Bursa Malaysia Securities Berhad.
- Known for being one of the top ten FPSO operators in the world.
- The company's extensive portfolio includes long-term contracts with major oil companies, giving it a stable revenue base.
Strategic Focus:
- Bumi Armada focuses on leveraging its engineering expertise and operational efficiency to secure long-term contracts, enhancing its market position.
- Investments in new technology and strategic partnerships ensure that the company remains at the forefront of the offshore oil and gas industry.
Sustainability and Safety:
- Committed to maintaining high standards in health, safety, and environmental practices.
- Engages in sustainable practices to minimize the environmental impact of its operations.
Challenges and Opportunities:
- Like many companies in the oil and gas sector, Bumi Armada faces challenges related to market volatility, fluctuating oil prices, and regulatory changes.
- However, there are opportunities in emerging markets and the ongoing transition to cleaner energy, where the company's expertise in floating infrastructure can be advantageous.
By focusing on innovation, strategic partnerships, and maintaining a strong operational track record, Bumi Armada aims to capitalize on opportunities in the offshore energy sector while mitigating inherent risks.
Ships
ARMADA CONDOR
Research Ship | Flag: Marshall Islands | Port: MAJURO
ARMADA HAWK
Crane Vessel | Flag: Panama | Port: PANAMA
Maritime News
Burning Car Carrier Abandoned off Alaska
The crew of a ship carrying around 3,000 vehicles, including 800 electric vehicles, abandoned it off the coast of Alaska after a fire broke out onboard, its operator Zodiac Maritime said on Wednesday.The 22 crew members were safely evacuated from the ship after they failed to put out the fire, Zodiac said as it focuses on salvaging the vessel.They were evacuated via lifeboat and were being transferred to a nearby merchant vessel Cosco Hellas in tandem with the U.S. Coast Guard.The vessel, Morning Midas, was located 300 miles (482.8 km) southwest of Adak in Alaska, the Coast Guard said on its X account.
KR, HD Hyundai Heavy Industries Ink Deal to Develop Next-Gen VLEC
KR (Korean Register) signed a Memorandum of Understanding (MoU) with HD Hyundai Heavy Industries (HD HHI) to jointly develop a very large ethane carrier (VLEC).The new VLEC to be developed under the partnership will have a cargo capacity exceeding 100,000 m3.It will be designed to maximize cargo volume while minimizing changes to the main specifications of conventional vessel designs.Additionally, the vessel will be capable of transporting a variety of cargoes, such as LPG and propylene, enhancing operational flexibility and market responsiveness for shipowners.Under this joint project, HHI will take the lead in the vessel’s basic and hull design.
DNV Greenlights Hudong-Zhonghua’s Three Advanced Vessel Designs
Classification Society DNV has granted Approval in Principle (AiP) certificates to Hudong-Zhonghua Shipbuilding for three new vessel designs.The AiPs highlight the ongoing collaboration between the two organizations and reinforce their shared commitment to supporting the continued development of Chinese shipbuilding and the maritime industry’s low-carbon transition and technical advancement.The three AiPs represent the continuing advancement of Hudong-Zhonghua Shipbuilding in key shipping segments, to meet the global demand for energy as well as the more efficient transport of goods through alternative fuels.
ABS, Herbert Engineering Report Details Design Considerations for Floating Data Centers
How can the global energy grid keep pace with fast-growing demand from new data centers supporting artificial intelligence (AI) and cloud computing? Nuclear energy and coastal waters offer a potential answer.The potential for floating nuclear-powered data centers is explored in depth in the latest research from ABS and Herbert Engineering. Pathways to a Low Carbon Future Floating Nuclear Power Data Center details design considerations for a floating data center that would use large river estuaries or coastal waters as a heat sink for both servers and small modular reactors (SMR) onboard a purpose-built barge.
Amplus Picks Spanish Shipyard to Prepare Petrojarl I FPSO for Redeployment
Amplus Energy Services has selected Astican Shipyard in Las Palmas de Gran Canaria to undertake a major multi-million-dollar work scope to prepare its newly-acquired Petrojarl I floating production, storage and offloading (FPSO) unit for redeployment.The Petrojarl I - most recently in operation offshore Brazil - will undergo a critical reactivation and readiness program at the Spanish facility, strategically located off the northwest coast of Africa.As the most frequently redeployed FPSO in the industry, the vessel continues to attract strong market interest thanks to its renowned operational flexibility and proven performance.