Tuesday, August 23, 2011

Bumi Armada FPSO gets first oil in Vietnam

KUALA LUMPUR: Bumi Armada Bhd's floating production, storage and offloading (FPSO) Armada TGT 1 has 'achieved' first oil for its Vietnamese customer on Monday, Aug 22.

The company said on Tuesday, Aug 23 the first oil for the Hoang Long Joint Operating Company (HLJOC) signified the start of production.

'The FPSO contract with HLJOC was secured in 2009 and it is for a seven-year''contract on the Te Giac Trang Field, Vietnam with an option to''be extended for additional''one year periods over a further''eight-year period,' it said.

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