Rigs and Vessels

Malaysian player sells FPSO to mystery buyer for $20 million

Contractor says sales proceeds will be used to reduce debt

Snapped up: the Armada Claire FPSO is currently stacked offshore Indonesia.
Snapped up: the Armada Claire FPSO is currently stacked offshore Indonesia.Photo: BUMI ARMADA
  • Xu Yihe
Singapore
Bumi ArmadaMalaysiaKeppelWoodsideAsia & Oceania
Published 27 April 2023, 04:34Updated 27 April 2023, 08:21