Amplus Energy Services has acquired the Petrojarl I vessel, marking a significant milestone in the company’s market position.
The purpose-built FPSO unit is renowned as one of the most versatile and widely deported FPSOs in history. Amplus has acquired the Petrojarl I from UK-based Altera Infrastructure. Fully classes, the vessel has recently completed a successful deployment in Brazil.
Notably, this acquisition marks Amplus’ initial vessel ownership, positioning the company to expand its strategy and meet growing market demands. To date, Amplus has focused on delivering innovative field development solutions, offering vessel design and leasing options over direct ownership.
Steve Gardyne, Managing Director at Amplus, said, “This vessel is unquestionably the most flexible and most deployed FPSO in history – and Amplus now has the opportunity to apply our experience and approach to steward it safely and successfully for years to come. The addition of this vessel strengthens our ability to meet growing market demands and ensure we are well-positioned to address client needs.”
Petrojarl I is available for deployment in early production system applications, extended well tests and standalone marginal field developments. Additionally, the vessel is ideal for cost-effective, lower-prediction operations and can support both early-phase and tail-phase production.
Ian Herd, Executive Director, commented, “There is a market opportunity for a trusted, entrepreneurial FPSO contractor operating at the flexible, niche end of the spectrum offering fit-for-purpose vessels at a very competitive price, backed up by a leadership team with extensive operator experience supported by a scalable and aligned set of subcontractors.
“The acquisition marks a significant advancement for Amplus Energy and we look forward to meeting the evolving needs of the industry.”
