Acquisition of Petrojarl I FPSO Vessel for KTJ Project
Sector: Oil and Gas
Source: Petroleum Australia
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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Project Information
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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