Company Update - Bumi Armada - Kraken Fully Restored
ARMADA announced that an additional hydraulic submersible pump (HSP) transformer on FPSO Armada Kraken has been reconditioned and reinstalled.
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Armada Sterling II Extension
Bumi Armada (BAB) secured a one-year contract extension for Armada Sterling II Floating Production Storage Offloading (FPSO), worth USD43m via its...
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Strong sales recorded
Buy Bumi Armada Berhad: Strong sales recorded. - By: JF Apex Securities Bhd
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MODEC: Order Win in Mexico Is a Positive, Stock Rebounds 7% as MS Initiates with Buy
Modec Inc (6269 JP) has won an order for an FPSO in Mexico including a 15+5 year charter. The company was bidding againstĀ Bumi Armada (BAB MK) and...
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Modec: Petrobras Order Delays Negative but Orders from India and Mexico Could Support Backlog
Modec Inc (6269 JP) shares have steadily ground higher this year, up 13.9% YTD while Topix has fallen 5.3%. We visited the company to find...
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