New upstream energy investment player snaps up three
offshore production vessels
Newly formed upstream energy investment platform Samos Energy has completed its first acquisition by getting
its hands on all shares of PetroFirst, a floating energy infrastructure owner, from funds managed by BlackRock
Infrastructure and from Petrofac Limited.
According to Samos Energy, this acquisition enables it to take over PetroFirst's fleet of three offshore production
vessels currently chartered in Southeast Asia. These vessels include the FPSO FPF – 003 (the former FPSO
Jasmine Venture MV7), the FPSO Lewek EMAS, and the MOPU West Desaru.
Currently, the first FPSO is under a contract with Valeura Energy in Thailand for work on the Jasmine field and
Valeura recently extended the charter for this FPSO for five more years until the end of 2028.
While the second FPSO is carrying out operations for Harbour Energy in Vietnam on the Chim Sao field, the
MOPU is working for Petrofac in Malaysia on the West Desaru field in Block PM304.
Samos Energy underscores that these three charter contracts will continue with no change. The company is
pursuing further acquisitions of global upstream energy assets in developed basins and jurisdictions with a focus
on Asia, Africa, and South America.