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Malaysia’s Bumi Armada has been awarded a $285m contract extension for its FPSO Armada TGT 1 FPSO vessel. The vessel is currently deployed offshore Vietnam. The company informed that the contract with Hoang Long Joint Operating Company, which was signed in 2009, has been extended for a further six years till 2024. HLJOC is a partnership between PetroVietnam EPC, SOCO, OPECO and PTTEP Company.
