Samos Energy is pleased to announce it has completed the acquisition of 100% of the shares of the PetroFirst Infrastructure companies from funds managed by BlackRock Infrastructure and from Petrofac Limited. PetroFirst is a leading floating energy infrastructure owner with its fleet of 3 offshore production vessels currently chartered in Southeast Asia.
These vessels include the Jasmine Venture MV7 FPSO, Lewek EMAS FPSO and West Desaru MOPU. 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 (as Operator) in Malaysia for the West Desaru field in Block PM304. Charter contracts on the three assets will continue with no change.
Samos Energy is a newly formed upstream energy investment platform and Petrofirst represents its first acquisition. Samos is pursuing further acquisitions of global upstream energy assets in developed basins and jurisdictions with focus on Asia, Africa and South America.