Bumi Armada: Bumi Armada Bhd’s wholly owned subsidiary Bumi Armada UK Ltd has secured a £50 million (RM282.5 million) contract from EnQuest Heather Ltd. Bumi Armada stated in a filing with Bursa Malaysia that its unit has entered into an engineering, procurement, construction, installation and modification agreement for the provision of a flare gas recovery system on the Magnus platform located in blocks 211/12a and 211/7a of the North Sea.
According to BERNAMA News Agency, The agreement is expected to be carried out over four years. Bumi Armada highlighted that implementing the flare gas recovery system offers environmental benefit as well as operational value. The capture and repurposing of flare gas will reduce Magnus platform greenhouse gas emissions, specifically carbon dioxide and methane, which are major contributors to climate change.
This aligns with global environmental standards and regulations, helping EnQuest to meet its internal and externally committed emissions reduction targets.
