Keppel Offshore & Marine (Keppel O&M)'s wholly-owned subsidiary Keppel Shipyard Ltd (Keppel Shipyard) is on track to deliver a Liquefied Natural Gas (LNG) Floating Storage Unit (FSU) to Armada Floating Gas Storage Limited, a wholly-owned subsidiary of Bumi Armada Berhad (Bumi Armada).

The sailaway ceremony of the LNG FSU, Armada LNG Mediterrana, which was attended by Guest-of-Honour Dr Joseph Muscat, Prime Minister of the Republic of Malta, was held at Keppel Shipyard in early August.

Mr Michael Chia, Managing Director (Marine & Technology) of Keppel O&M, said, "Armada LNG Mediterrana is the 14th conversion/upgrading project that we successfully completed for Bumi Armada. Over the years, we have developed a strong partnership with our long standing customer, Bumi Armada, whose growth we are proud to be a part of. This is the first LNG FSU that Bumi Armada owns, and we are happy to be able to support them as they expand their suite of solutions in offshore energy facilities and marine services."

Mr Leon Harland, Chief Executive Officer of Bumi Armada, said, "The Armada LNG Mediterrana represents Bumi Armada's first LNG FSU that will soon form part of the chain to deliver low-carbon energy to the people of Malta. We expect this project will enable Bumi Armada to become a key player in the growing floating LNG market and it proves that we are capable of offering flexible and competitive solutions for a wide range of LNG projects."

Armada LNG Mediterrana will soon set sail for Malta where she will operate at the Delimara LNG Regasification Terminal for ElectroGas Malta Limited. The FSU will be permanently moored to a jetty and deliver LNG on a continuous basis for the 18-year and 3-month contract period to an onshore regasification plant that feeds a 400MW base load power station.

About Keppel Shipyard

Keppel Shipyard is the trusted industry name for the repair, conversion and upgrading of a diverse range of vessels, and a global leader in the conversion of Floating Production Storage and Offloading (FPSO), Floating Storage and Offloading (FSO) and Floating Storage and Re-gasification Units (FSRU), as well as the fabrication and installation of turrets and mooring systems, and topside process modules. Keppel Shipyard is currently undertaking the world's first-of-its-type Floating Liquefaction Facility conversion. More information is available on www.keppelom.com.

About Bumi Armada

Bumi Armada Berhad is a Malaysia-based international offshore energy facilities and services provider with a presence in over 17 countries spread across five continents, supported by over 1,600 people from over 30 nationalities.

Bumi Armada Berhad provides offshore services via three business units - Floating Production, Storage & Offloading ("FPSO") Operations, Floating Gas Solutions ("FGS") and Offshore Marine Services ("OMS"). The three business units are in turn supported by three support units, namely FPSO Sales, Major Projects and Technology & Development.

Bumi Armada is the fifth largest FPSO player in the world and an established OSV owner and operator across Asia, Africa and Latin America.