KUALA LUMPUR: Bumi Armada Bhd said a shut-in at its Armada Kraken floating production storage and offloading (FPSO) vessel and future reduced level of production is likely to reduce bareboat charter contract revenue earned by the FPSO.
KUALA LUMPUR: Yinson Holdings Bhd’s indirect wholly-owned subsidiary, Yinson Bouvardia Holdings Pte. Ltd (YBHPL) plans to acquire the entire equity interest in AFPS BV from Atlanta Field B.V. via a call option for a maximum price of U$87.9 million (RM405.6 million).