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Acquisition of Petrojarl I FPSO Vessel for KTJ Project

Sector: Oil and Gas

Source: Petroleum Australia

Project
Awarded

Finder Energy has agreed to acquire the Petrojarl I floating production, storage and offloading (FPSO) vessel from Amplus Energy for US$15 million. The acquisition aims to de-risk and accelerate the Kuda Tasi and Jahal (KTJ) oilfields project by enabling a fast-track development pathway targeting final investment decision by mid-2026 and first oil by the end of 2027. The Petrojarl I will serve as

Status
Closed
Sector
Oil and Gas
Updated
22 Jul 2026
Source
Petroleum Australia

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The project “Acquisition of Petrojarl I FPSO Vessel for KTJ Project” is an infrastructure initiative in the Oil and Gas sector. Taiyo aggregates data on it from Petroleum Australia.

Participants

Not available for this record.

Status

Original status

awarded

Taiyo status

Closed

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Finder Energy has agreed to acquire the Petrojarl I floating production, storage and offloading (FPSO) vessel from Amplus Energy for US$15 million. The acquisition aims to de-risk and accelerate the Kuda Tasi and Jahal (KTJ) oilfields project by enabling a fast-track development pathway targeting final investment decision by mid-2026 and first oil by the end of 2027. The Petrojarl I will serve as the production infrastructure for the KTJ project, connecting to development wells and subsea production systems, facilitating offshore processing, storage, and export of crude oil.

Original sector

Oil and Gas

Budget

Location

Not available for this record.

Source

Source

Petroleum Australia

URL

More Details

Record type

Project

Sector

Oil and Gas

Article published date

2025-12-06

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