Leading Asian joint venture eyes stake sale for huge FPSO

KAS III vessel owned by Indonedsia's PT Armada Gema Nusantara, a joint venture of compatriot PT CakraPrima Satya and Malaysia’s Bumi Armada

Karapan Armada Sterling III FPSO
Karapan Armada Sterling III FPSOPhoto: BUMI ARMADA
Published 4 March 2024, 02:12Updated 4 March 2024, 08:52
Bumi ArmadaPertaminaPT CakraPrima SatyaHCMLMalaysia