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BumiArmada's joint venture with India's Shapoorji Pallonjiand Company Limited (SPCL) (50:50) received a $1.1 billion FPSO charter contract from the Indian Oil and Gas Corporation (ONGC) for the Cluster-7 field. The FPSO will be operated by SPARMada, a joint venture between BumiArmada and SPCL, located 210 km west of Mumbai, India. The FPSO is expected to be delivered in November 2014.
It is reported that SigmaOffshore of Aberdeen, UK, has received a single point mooring order from BumiArmada, valued at $62.2 million, to provide a single point mooring for a FPSO in the Cluster-7 field in India.