Samos Energy signs agreement to acquire Suksan Salamander FSO

Global vigor capitalist Samos Energy has signed a vessel merchantability statement to acquisition the Suksan Salamander floating retention and offloading (FSO) portion from Altera Infrastructure Group.

The fiscal presumption of the woody were not disclosed.

The FSO is presently successful usage astatine the Bualuang oilfield offshore Thailand. The Bualuang tract is operated by Medco Energi Thailand.

The Suksan Salamander is registered nether the emblem of the Bahamas.

It was constructed by Mitsui successful 1993. The portion has a capableness of 78,228 deadweight tonnes (dwt).

Samos Energy has collaborated with FPSO Ventures, a institution specialising successful the operations and attraction of floating accumulation units, arsenic portion of the deal.

Following the completion of the acquisition and the transportation of the Suksan Salamander FSO from Altera to Samos, FPSO Ventures volition negociate operations and maintenance.

Samos Energy volition presume ownership and power of the plus on with its bareboat charter contract.

This acquisition forms portion of Samos Energy's broader strategy to heighten its portfolio of offshore accumulation assets.

It complements the company’s existing assets successful South East Asia, which see 3 floating accumulation units acquired from BlackRock successful 2023.

Samos Energy has precocious been actively progressive successful securing caller equity and indebtedness facilities astatine the firm level.

This fiscal manoeuvring is aimed astatine facilitating further enlargement of the company’s offshore accumulation fleet and acquiring caller exploration, production, midstream and powerfulness platforms.

The concern betwixt Samos Energy and FPSO Ventures aims to guarantee continued operational efficiency, adherence to information standards and reliability for Medco Energi Thailand astatine the Bualuang oilfield.

The Suksan Salamander FSO is integral to this operation, providing indispensable retention and offloading capacity.

It features a double-hull plan with the quality to store astir 470,000 barrels of crude oil, process 20,000 barrels per time (bpd) and offload astatine a complaint of 20,000bpd.

"Samos Energy signs statement to get Suksan Salamander FSO" was primitively created and published by Offshore Technology, a GlobalData owned brand.

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