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NEWS
7th May 2026
Samos Energy signs Heads of Terms for a new bareboat charter contract for the West Desaru MOPU
Samos Energy announces that it has entered into a Heads of Terms with Medco Asia Pacific Limited for a new bareboat charter for the West Desaru MOPU on the Cendramas PSC, Malaysia. The new charter commences in September 2026 and provides for a total term of nine years, made up of a firm period of four years and five further one-year extension options. Samos Energy looks forward to a long-term relationship with Medco Asia Pacific Limited and its partners on the Cendramas PSC.
Notes:
(1) References to “Samos Energy” in this announcement are to FPF005 Limited, the contracting entity and a subsidiary of Samos Energy Infrastructure Limited.
(2) Cendramas PSC is the new name of the PM304 PSC where the West Desaru MOPU is deployed. Medco has been announced as the Operator of the Cendramas PSC from September 2026.
1st April 2026
Samos Energy Group completes acquisition of the Suksan Salamander FSO from Altera Infrastructure
London and Singapore - Samos Energy (“Samos”) announces the completion of its acquisition of the Suksan Salamander Floating Storage and Offloading (FSO) unit from Altera Infrastructure Group (“Altera”). The Suksan Salamander FSO is deployed on the Bualuang oil field offshore Thailand, operated by Medco Energi Thailand.
In connection with the transaction, Samos has partnered with FPSO Ventures. Following completion, FPSO Ventures has assumed responsibility for the operations and maintenance of the Suksan Salamander FSO, and Samos has taken ownership of the asset together with the associated bareboat charter.
19th January 2026
Samos Energy Group to acquire the Suksan Salamander FSO from Altera Infrastructure
London and Singapore - Samos Energy (“Samos”), the global energy investor, is pleased to announce the execution of a Ship Sale Agreement for the acquisition of the Suksan Salamander Floating Storage and Offloading (FSO) unit from Altera Infrastructure Group (“Altera”). The Suksan Salamander FSO is currently deployed on the Bualuang oil field offshore Thailand, operated by Medco Energi Thailand.
As part of the transaction, Samos has partnered with FPSO Ventures, a leading specialist in the operations and maintenance of floating production units. Samos and FPSO Ventures have executed contracts with Medco Energi Thailand pursuant to which, upon completion of the transaction and delivery of the Suksan Salamander FSO from Altera to Samos, FPSO Ventures will assume responsibility for the ongoing operations and maintenance contract for the Suksan Salamander FSO and Samos will take ownership of the asset and the associated bareboat charter contract.
The transaction represents a further step in Samos’ strategy to expand its portfolio of high-quality offshore production assets. The acquisition adds to Samos’ existing portfolio of three floating production units in Southeast Asia, which were acquired from BlackRock in 2023.
The acquisition follows a period of significant activity for Samos, during which the group has secured new equity and debt facilities at the group level to support the continued growth of its offshore production fleet and the acquisition of new platforms focused on E&P, midstream and power.
Samos’ partnership with FPSO Ventures reinforces its commitment to ensuring seamless operational continuity, high safety standards, and long-term reliability for Medco Energi Thailand and the Bualuang oil field. The Suksan Salamander FSO plays a critical role in production from the Bualuang oil field, providing offshore storage and offloading capacity to support stable operations. The double-hull FSO has storage capacity of approximately 470,000 barrels of crude oil, with a production handling capacity of 20,000 barrels per day and an offloading rate of 20,000 barrels per hour.
19th June 2024
Samos Energy Infrastructure Ltd: Successful Placement of USD 75 Million Senior Secured Bond Issue
Samos Energy Infrastructure Limited (“SEIL” or the “Company”) is pleased to announce that it has successfully completed its inaugural 4-year senior secured bond issue of USD 75 million with a coupon rate of 12.5% percent, issued at par. The bond issue, which attracted strong interest from international investors, was significantly oversubscribed and priced at the bottom end of the initial price indications.
SEIL is a top ten player in the floating production unit space, owning two FPSOs and one MOPU on bareboat charter contracts in Thailand, Vietnam and Malaysia. The Company acquired these assets from funds managed by Blackrock and from Petrofac Limited in July 2023 with equity from Amerocap and private credit. Following this bond financing, the Company will focus on harvesting its existing portfolio and follow-on investments in floating energy infrastructure.
The Company is part of the Samos Energy Group, a global investment platform which acquires and provides financing to traditional energy assets with a focus on E&P and infrastructure. Since acquiring the Company less than one year ago, Samos has substantially grown its operational, technical and investment teams across the US, UK, Singapore and Malaysia.
The net proceeds from the contemplated bond issue will be used to refinance the Company’s existing private credit facility. The issue of the bond is expected on 5th July 2024 (the “Issue Date”) and it will mature on 5th July 2028, 4 years after the Issue Date (the “Maturity Date ”). The bond is fully amortizing during its tenor.
ABG Sundal Collier acted as Sole Manager and Sole Bookrunner.
5th July 2023
Samos Energy acquires Petrofirst Infrastructure
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.
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.
