The consortium will supply a floating production, storage and offloading (FPSO) vessel for Madura BD Field, a site east of Surabaya owned by Husky-CNOOC Madura Ltd.
It includes Bumi's wholly-owned unit Bumi Armada Offshore Holdings Ltd and partner PT Armada Gema Nusantara.
The 10-year contract includes options for five annual extensions worth an additional US$147 million (RM464 million). – Reuters