Bumi Armada Caspian has secured a contract valued at nearly $134m with Lukoil-Nizhnevolzhskneft to provide additional engineering, procurement, construction and installation (EPCI) services at Filanovsky field in the Caspian Sea.

Bumi Armada Caspian is a wholly owned subsidiary of Malaysia-based Bumi Armada Berhad.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The deal will see Bumi Armada’s subsea construction assets lay subsea pipelines and carry out post-trenching and back-filling works on sections of the Filanovsky field towards the Russian sector of the Caspian Sea.

Bumi Armada executive director and CEO Leon Harland said: “Bumi Armada has been working with LUKOIL in the Caspian since 2012 and this supplemental agreement highlights the continuing strong working relationship with our client, and our proven track-record to deliver high quality Subsea construction services in the Caspian Sea.

"Bumi Armada has been working with LUKOIL in the Caspian since 2012 and this supplemental agreement highlights the continuing strong working relationship with our client."

“The work involved in this additional contract with LUKOIL relates to the installation of approximately 20km of pipelines in the Filanovsky field in the Russian sector of the Caspian Sea, and where our team will use both the Armada Installer and Armada Constructor vessels.”

Harland noted that the preparation activities related to the development have already started, and the project is scheduled to be completed in the second half of next year.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Bumi Armada Berhad provides offshore energy services through its two business units, Floating Production and Operation (FPO) of oil and gas solutions and Offshore Marine Services (OMS).

The company currently operates in 17 countries across five continents.