New upstream energy investment firm Samos Energy has bought three offshore production vessels by acquiring all shares of PetroFirst.
Samos Energy acquired 100% of the shares of the PetroFirst Infrastructure companies from funds managed by BlackRock Infrastructure and Petrofac. The financial details of the deal were not disclosed.
PetroFirst is a floating energy infrastructure owner with a fleet of three offshore production vessels currently chartered in Southeast Asia.
These vessels include the FPF–003 FPSO – formerly named Jasmine Venture MV7, the Lewek EMAS FPSO, and the West Desaru mobile production unit.
These facilities are contracted under charter agreements to Valeura Energy in Thailand for the Jasmine field, Harbour Energy in Vietnam for the Chim Sao field, and Petrofac in Malaysia for the West Desaru field in Block PM304.
Samos Energy confirmed that the charter contracts for all three assets would continue with no change.
The company stated that it was pursuing further acquisitions of upstream energy assets in developed basins and jurisdictions with a focus on Asia, Africa, and South America.
