Bumi Armada wins pipeline deal from Momentum

Work under 15km pipelines deal to start immediately

Bumi Armada's Installer, which will lay pipes for Momentum Engineering in the Caspian.
Bumi Armada's Installer, which will lay pipes for Momentum Engineering in the Caspian.

Dubai-based Momentum Engineering's Turkmen subsidiary has contracted Malaysia’s Bumi Armada to lay 15km of assorted pipeline at a Momentum project in the Caspian Sea.

According to a statement by Bumi, the company’s Armada Marine Contractors Caspian won a 30-day contract to lay several pipelines off the Turkmen coast, due to start in early June with an optional 15-day extension.

“We are optimistic of growth in the region,” said Bumi CEO Hassam Basma, “Our Armada Installer with its newly-installed 825 tonne crane is one of only two derrick pipelay barges in the landlocked Caspian Sea.”

Bumi Armada is a Malaysia-based international offshore oilfield services provider, and currently boasts a $2.19 billion backlog.

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