• Both purchase orders are for tank services for FPSO life extension program of two FPSOs operating in West Africa, with contract value of approximately US$13.2 million and US$15.4 million, which are expected to be executed over the next twelve months.

• Tank services and maintenance activities are often among the essential early phase of an FPSO life extension program over a multi-year period, providing sustained opportunities for the Group.

• ASOM currently supports FPSO and FSO assets across multiple regions including West Africa, South America and Asia. Following these new contracts, ASOM continues to strengthen its position as the core earnings engine of the Group under the BKM 2.0 strategy.

See full media release here: https://www.bkmgroup.com.sg/view&id=1380