# Bumi Armada JV SPBAG wins ONGC FPSO charter contract worth about $2.1 billion

Shapoorji Pallonji Bumi Armada Godavari, a 30:70 joint venture of Bumi Armada and Shapoorji Pallonji Oil & Gas, received a nine-year FPSO charter award from ONGC for the KG-DWN 98/2 cluster offshore India.

- Type: Contract
- Announced: 2019-05-06
- Where: Kakinada, offshore east coast, India
- Value: $2.10B
- Status: announced
- Products: FPSO charter hire

## Companies

- [Shapoorji Pallonji Bumi Armada Godavari](https://endata.com/companies/4988.md)
- [Bumi Armada](https://endata.com/companies/1829.md) (partner)
- [ONGC](https://endata.com/companies/4111.md) (customer)
- [Shapoorji Pallonji Oil & Gas](https://endata.com/companies/4989.md) (partner)

## Sources

- [offshore-energy.biz](https://www.offshore-energy.biz/bumi-armada-jv-lands-fpso-job-with-indias-ongc/), 2019-05-06: "The contract is for a fixed period of nine years, valued at approximately $2.1 billion."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.