Norton Rose Fulbright advises on US$755 million Kraken FPSO financing
Norton Rose Fulbright has advised OCBC Bank (Malaysia) Berhad and a syndicate of lenders on the US$755 million limited recourse project financing of the “Armada Kraken” floating production storage and offloading vessel (FPSO) for Bumi Armada Berhad, which will be located at the Kraken oil field in the UK Sector of the North Sea.