Bumi Armada Winds Up Dormant Subsidiaries

OE Staff
Friday, January 14, 2022

Bumi Armada, a Malaysian offshore service firm and FPSO provider, has decided to wind up its two dormant subsidiaries.

The company said that its subsidiaries Offshore Marine Ventures Sdn Bhd and Bumi Armada Ship Management Sdn Bhd, had approved via Special Resolutions at their respective Members’ meetings held on Thursday, December 30, 2021, for the two firms to be voluntarily wound-up. 

Arulendran Gunedran of RSM Corporate Advisory (Malaysia) Sdn Bhd has been appointed as the Liquidator for the purpose of such winding-up of the Subsidiaries.

Offshore Marine Ventures was incorporated on July 22, 2005. OMV was principally involved in activities consisting of the provision of marine transportation and support services to the oil and gas industry. OMV has been dormant since 2021.

Bumi Armada Ship Management was incorporated on February 7, 1998. The company was principally involved in the management of ships and vessels, marine support, and other services to offshore oil and gas companies. Bumi Armada Ship Management has been dormant since 2021.

 Providing the rationale for the voluntary winding-up, Bumi Armada said that the subsidiaries were dormant and the winding up was in line with the company's streamlining exercise.


Categories: People & Company News Offshore Energy Vessels Industry News Activity Floating Production

Related Stories

Shell Predicts 60% Rise in LNG Demand by 2040 with Asia Leading the Way

Japan's Mitsui Eyes Alaska LNG Project

AIRCAT 35 Crewliner Vessels Delivered to Service TotalEnergies Angola

Europe's Gas Uncertainty Help Drive Asian LNG Spot Prices Higher

Saipem’s Castorone Vessel on Its Way to Türkiye’s Largest Gas Field

Shell Shuts Down Oil Processing Unit in Singapore Due to Suspected Leak

Floating LNG Conversion Job Slips Out of Seatrium’s Hands

OPEC+ Passes on Oil Output Increase, Weighs the "Trump Effect"

TVO Selects Collins to Head Australian Ops

Yinson and PetroVietnam JV Get FSO Contract for Vietnamese Field

Current News

Fire at Petronas Gas Pipeline in Malaysia Sends 63 to Hospital

Japan’s ENEOS Xplora, PVEP Ink Deal for Vietnam Offshore Block

CNOOC Makes Major Oil and Gas Discovery in South China Sea

Valeura’s Assets in Gulf of Thailand Remain Operational After Earthquake

Op-Ed: Kazakhstan’s National O&G Firm Positioning Itself as Global Energy Player

Woodside to Shed Some Trinidad and Tobago Assets for $206M

CNOOC Sees 11% Profit Growth in 2024 Driven by Record Oil Production

‘Ultra-Mega’ Offshore Deal for L&T at QatarEnergy LNG’s North Field Gas Scheme

Keel Laying for Wind Flyer Trimaran Crew Boat

MODEC Gets Shell’s Gato do Mato FPSO Ops and Maintenance Job

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com