KUCHING: The first oil discovery from the Kraken Development is projected by analysts to be a key re-rating catalyst to Bumi Armada Bhd’s (Bumi Armada) share price. Bumi Armada announced in a statement on Bursa Malaysia that the group’s Armada Kraken floating production storage and offloading (FPSO) achieved first oil on the Kraken field in … Continue reading Armada Kraken’s first oil a key re-rating catalyst