Acquisition of Petrojarl I Complete as Amplus Gears Up for Global Project Opportunities
Amplus Energy has announced the selection of Astican Shipyard in Las Palmas de Gran Canaria to undertake a major multi-million-dollar work scope in preparation for the redeployment of one of the offshore industry’s most iconic FPSO units.
The Petrojarl I – most recently in operation offshore Brazil – will undergo a critical reactivation and readiness programme at the Spanish facility, strategically located off the northwest coast of Africa. As the most frequently redeployed FPSO in the industry, the vessel continues to attract strong market interest thanks to its renowned operational flexibility and proven performance.
Amplus Energy is also delighted to confirm the formal closure on the purchase of the Petrojarl I. As part of this milestone, Amplus welcomes the new lay-up team from strategic partner V.Ships Offshore, who are now supporting safe and efficient operations during the vessel’s reactivation.
Earlier this year, Amplus confirmed its agreement to acquire the Petrojarl I from Altera Infrastructure, marking a significant milestone in the company’s evolution and introducing a unique, high-value asset into its portfolio.
Steve Gardyne, Managing Director at Amplus, commented: 'The addition of Petrojarl is a transformational step for Amplus. It takes us beyond our established position as a provider of field development floating solutions into direct asset ownership - a move that significantly enhances our strategic capabilities and strengthens our ability to meet growing client demand.'
'As we prepare for the vessel’s next chapter, Astican Shipyard offers the services and expertise needed to support a complex, fast-paced mobilisation. We’re pleased to be working together on this important phase, and we’re focused on ensuring a safe, efficient turnaround that gets the unit back in the field quickly.'
Amplus also extends its thanks to V.Ships, its internal team, and key subcontractor partners for working together to complete the transaction safely and professionally. Thanks also to Altera Infrastructure, who collaborated closely with Amplus to ensure a smooth handover of this historic asset.
'We thank the departing crew and wish them the very best in the future,' added Gardyne.
Amplus remains in active discussions with several field owners and operators regarding the Petrojarl I’s next deployment. The FPSO is well-suited for early production system applications, extended well tests, and standalone marginal field developments.
Mr Gardyne added: 'We have strategic plans to expand our owned fleet, with the ambition to become the redeployment vessel contractor of choice. There’s a clear market opportunity for a trusted, entrepreneurial FPSO contractor operating at the flexible, niche end of the spectrum -offering fit-for-purpose units at highly competitive rates, backed by a leadership team with deep operator experience and supported by a scalable and aligned network of subcontractors.'
Further updates on the vessel’s next deployment will be shared in due course.
Source: Amplus Energy
