JUB Pacific Bolsters Liftboat Fleet

Monday, March 18, 2024

JUB Pacific, a Singapore-based provider of specialized offshore liftboat services, has acquired one of the largest liftboats in Africa, said to be perfectly suited for servicing major players in the oil and gas sector within the Africa region.

JUB Pacific acquired the Caracal Pioneer liftboat, which shall be renamed to JUB Pioneer, in a strategic move to extend the company’s global reach and solidify its position as one of the leading liftboat players.

The unit is well-equipped to support a diverse range of offshore operations which is highly required by large oil companies in Africa, according to JUB Pacific.

“The integration of the Caracal Pioneer into our owned fleet not only enhances our operational capabilities but also reflects our steadfast dedication to becoming the preferred partner for oil majors seeking reliable and efficient maritime solutions in the region.

“As the industry is recovering in the O&G market, JUB Pacific is poised to leverage this strategic acquisition to meet the evolving needs of our clients effectively,” JUB Pacific said.

With the addition of the Caracal Pioneer, the company’s fleet, both owned and managed, now comprises a lineup of 18 liftboats.

Categories: Offshore Liftboats Vessels Industry News Activity Asia Africa

Related Stories

Mermaid Maritime Expands Into US Offshore Market

FPSO for Azule Energy’s Angola Offshore Field Starts Taking Shape in China

Hormuz Crossings Decline as US Renews Iran Blockade

James Fisher, Aquaterra Launch Global Decommissioning Partnership

Oil Climbs on US-Iran Deal Uncertainty

MODEC Advances Construction of Brazil-Bound Gato do Mato FPSO

TGS Gets Exclusive Rights for Seismic Survey Offshore Brunei

Hormuz Reopening Risks Turning Oil Shortage Into Glut

ASCO Sets Up Shop in Qatar to Drive Middle East Expansion

Qatari LNG Carriers Re-Enter Hormuz as Traffic Through Strait Slumps

Current News

PTTEP, Petronas Ink 35-Year Malaysia-Thailand Gas Deals

Iran Outlines Terms for Restoring Hormuz Shipping

Technip Energies Nets Engineering Services Job for ADNOC Offshore

Seatrium Nears Dual FPSO Sailaway for Petrobras' Búzios Field

Strait of Hormuz Shipping Marks Slight Rise

China's CNOOC Posts Record First-Half Profit

BP Completes Central Azeri Platform Maintenance, Ramps Up Production

Iran-Oman Talks on Hormuz Reopening Drive Down Oil Prices

Viridien Progresses Hybrid Multi-Client Survey Offshore Malaysia

TGS Extends Work on Indonesia’s Largest Seismic Acquisition Project

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com