Bumi Armada Bhd's indirect unit Bumi Armada Caspian LLC has secured a US$200mil contract from Russia's OAO Lukoil for a pipeline project in the Caspian Sea.
It said on Monday the contract involved the engineering, procurement, installation and pre-commissioning of subsea in-field and inter-field pipelines for the Filanovsky field in the Russian sector of the Caspian Sea.
Bumi Armada said the completion period of the contract was estimated at 32 months and to be substantially completed by end 2014.
