[3][4] It became the first Malaysian company to own and operate a floating production storage and offloading (FPSO) vessel with the commissioning of Armada Perkasa in 1997.
[4] Armada Perkasa was originally a 1975 Panamax-sized tanker with a storage capacity of 360,000 barrels of crude oil which was converted to service the Bunga Kekwa field.
[6] In 2011, the company was re-listed in Malaysia's biggest initial public offering of that year, raising RM2.66 billion (US$889 million).
[8] Armada Perkasa has been operating in the Okoro-Setu field in Nigeria since 2008 for Afren and has lifted over 32 million barrels of oil as of 2013.
The unit will deliver LNG on a continuous basis, without dry-docking interruption and during the entire project life of 18 years, to an onshore regasification plant feeding natural gas to the 400 MW base load power station.