BUMI ARMADA BERHAD

BUMI ARMADA BERHAD stands as one of Malaysia’s most globally recognised offshore energy players — extending the nation’s industrial reach into oceans across continents.

Established in 1995, the company evolved from a domestic offshore marine services provider into an international offshore energy facilities and services group operating across Asia, Africa, Europe, and other global energy regions. Through decades of technical development and operational expansion, Bumi Armada became closely associated with Floating Production Storage and Offloading (FPSO) systems, one of the most sophisticated segments within the offshore oil and gas industry.

Today, the Group operates as a major participant within the global offshore energy value chain, supporting exploration, production, marine operations, and engineering infrastructure critical to offshore energy development worldwide.

Founder:

Part of Usaha Tegas Group

(associated with Ananda Krishnan)

Current Leadership:

CEO: Gary Christenson

The leadership continues guiding the organisation with a focus on operational excellence, sustainability, engineering capabilities, and long-term participation within the evolving global energy industry.

Every great industrial story begins with the courage to go beyond land — and Bumi Armada’s journey began at sea.

In 1995, the company was incorporated with a focus on offshore marine services supporting Malaysia’s growing oil and gas sector during a period of increasing offshore energy exploration and industrial expansion. The business initially concentrated on marine support operations, positioning itself within an industry that demanded technical expertise, operational discipline, and long-term infrastructure investment.

A defining breakthrough arrived just two years later. In 1997, Bumi Armada commissioned Armada Perkasa, becoming the first Malaysian company to own and operate a Floating Production Storage and Offloading (FPSO) vessel. This achievement marked far more than a corporate milestone — it represented Malaysia’s entry into one of the world’s most technically complex and capital-intensive offshore energy segments.

FPSO systems function as floating offshore production facilities capable of extracting, processing, storing, and offloading oil directly at sea. By entering this specialised sector early, Bumi Armada positioned itself within a strategic niche of the global offshore energy market.

From operating smaller marine assets, the company steadily expanded its capabilities into large-scale offshore engineering, subsea solutions, and integrated FPSO operations across multiple international markets. Over time, Bumi Armada evolved into one of the recognised global FPSO operators serving major offshore energy projects worldwide.

Its growth reflected not only corporate ambition, but also Malaysia’s increasing technical participation within the global offshore energy and engineering ecosystem.

Core Activities:

• Floating Production Storage & Offloading (FPSO) operations

• Offshore support vessels and marine services

• Subsea construction and offshore engineering solutions

The company focuses on integrated offshore energy solutions combining engineering expertise, long-term asset operations, and large-scale offshore infrastructure management. Through recurring long-term contracts and global offshore operations, Bumi Armada positions itself as a specialised offshore energy facilities and engineering provider.

Notable Offerings Include:

• FPSO vessels supporting offshore oil production operations

• Offshore marine support and logistics services

• Subsea engineering and construction capabilities

• Integrated offshore production infrastructure solutions

These offerings position Bumi Armada as a major offshore energy facilities and marine engineering provider operating within international oil and gas markets.

1995 – Company incorporated

1997 – Commissioning of Armada Perkasa, Malaysia’s first locally operated FPSO

2002 – Acquisition by Usaha Tegas Group

2011 – Re-listed on Bursa Malaysia through a major public offering

2020s – Continued international expansion alongside sustainability and energy transition initiatives

Bumi Armada contributed significantly to positioning Malaysia within the global offshore oil and gas industry through its participation in advanced offshore engineering and FPSO operations.

The company helped strengthen regional expertise in offshore production systems, marine engineering, and subsea infrastructure while demonstrating that Malaysian-based firms could compete within highly technical global energy sectors. Its operations across multiple continents further expanded Malaysia’s industrial footprint beyond domestic waters into international offshore markets.

Through investments in offshore capabilities, engineering systems, and long-term energy infrastructure operations, Bumi Armada also contributed to the broader development of Malaysia’s oil and gas services ecosystem.

Today, BUMI ARMADA BERHAD stands as a Malaysian name on global waters — a testament to how ambition, engineering expertise, and long-term vision can extend a nation’s industrial presence far beyond its shores.

From a marine services company supporting local offshore operations to a globally recognised FPSO operator, the Group’s journey reflects the growing sophistication of Malaysia’s participation within international energy industries. Its continued evolution demonstrates that industrial progress is not confined by geography, but driven by the willingness to operate where complexity, scale, and opportunity converge.