London and Singapore — Samos Energy has signed a ship sale agreement to acquire the Suksan Salamander FSO from Altera Infrastructure Group. The unit is currently deployed on the Bualuang oil field offshore Thailand, operated by Medco Energi Thailand.

For the transaction, Samos Energy is partnering with FPSO Ventures. Contracts have been executed with Medco Energi Thailand under which, after completion and delivery of the unit to Samos Energy, FPSO Ventures will assume the existing operations and maintenance responsibilities, while Samos Energy will take ownership of the asset and the associated bareboat charter contract.

The acquisition adds to Samos Energy’s portfolio of three floating production units in Southeast Asia acquired from BlackRock in 2023. Samos Energy has also secured new group-level equity and debt facilities to support the growth of its offshore production fleet and the acquisition of new platforms focused on E&P, midstream, and power. The double-hull Suksan Salamander FSO has a 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.