Latest Fpso News

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Finder Energy has acquired the Petrojarl I FPSO from Amplus Energy for US$15 million, aiming to fast-track its KTJ oil development project with a targeted final investment decision by mid-2026 and first oil by the end of 2027. This move is supported by a two-tranche institutional placement raising A$25 million at a 21.3% discount.
Maxwell Dee
Maxwell Dee
3 Dec 2025
Finder Energy has agreed to acquire the versatile FPSO Petrojarl I for US$15 million, aiming to fast-track the KTJ Project with a targeted final investment decision by mid-2026 and first oil by the end of 2027. The company is raising A$25 million through a two-tranche placement to fund this acquisition and project development.
Maxwell Dee
Maxwell Dee
3 Dec 2025
Finder Energy’s Kuda Tasi and Jahal oil development project in Timor-Leste received strong government endorsement and an independent resource upgrade, accelerating its path to first oil by 2027.
Maxwell Dee
Maxwell Dee
26 Nov 2025
Finder Energy Holdings has outlined ambitious plans to reach a Final Investment Decision by mid-2026 for its KTJ oil development, aiming for first oil production by late 2027 and unlocking over US$1 billion in gross revenues.
Maxwell Dee
Maxwell Dee
17 Nov 2025
Finder Energy has signed a farmout agreement assigning 40% of its North Sea P2530 licence to Serica Energy, retaining operatorship and a 20% stake. This move aims to accelerate appraisal and development of the Wagtail oil discovery through strategic partnership and regulatory approvals.
Maxwell Dee
Maxwell Dee
4 Nov 2025
SRJ Technologies has landed a US$269,000 contract to supply its BoltEx flange integrity solution to a leading FPSO operator offshore Guyana, marking a strategic foothold in a key offshore energy market.
Maxwell Dee
Maxwell Dee
31 Oct 2025
Karoon Energy has appointed industry veteran Carri Lockhart as its new CEO, signaling a strategic push as it prepares to operate the Baúna FPSO and expand in Brazil and the US.
Maxwell Dee
Maxwell Dee
30 Oct 2025
Finder Energy has locked in a significant funding agreement with TIMOR GAP, securing half of the KTJ Project’s development capex and upgrading its resource base, setting the stage for a Final Investment Decision by mid-2026.
Maxwell Dee
Maxwell Dee
30 Oct 2025
Finder Energy has secured half of the development capital for its KTJ oil project in Timor-Leste through a farmin deal with TIMOR GAP and accelerated engineering work with SLB, targeting first oil by the end of 2027.
Maxwell Dee
Maxwell Dee
28 Oct 2025
Karoon Energy reported a 12% production dip in Q3 2025 due to operational challenges but saw a 3% revenue increase driven by higher oil prices and secured a new deepwater block in Brazil.
Maxwell Dee
Maxwell Dee
23 Oct 2025
Santos Limited reported robust Q3 2025 results, highlighted by the Barossa LNG project commencing production and Pikka phase 1 nearing first oil. The company’s diversified portfolio and operational discipline underpin a confident outlook despite some operational delays.
Maxwell Dee
Maxwell Dee
16 Oct 2025
Finder Energy has secured half of the development funding for its KTJ oil project in Timor-Leste through a farmin agreement with TIMOR GAP, alongside an independent resource upgrade that strengthens the project's outlook for first oil by 2027.
Maxwell Dee
Maxwell Dee
13 Oct 2025