Bumi Armada wins pipeline contract

Bumi Armada Caspian LLC signed a supplementary agreement worth RM567.6 million (US$178.5 million) with OOO LUKOIL-Nizhnevolzhskneft for EPIC (engineering, procurement, installation and pre-commissioning) work in the Caspian Sea’s Russian sector.

The workscope includes the engineering and procurement of line pipes with related equipment, and the installation and precommissioning of six infield/inter-field lines, for a total length of about 40km. Installation work will be done with the derrick pipelay barge, Armada Installer, and will be completed in 2015.

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