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

Woodside Agrees Long-Term LNG Supply with Petronas Unit

Petronas-Eni Upstream Joint Venture to Take Up to Two Years to Set Up

Chuditch Gas Field Drilling Ops Get Delayed to Next Year

MODEC, Carbon Clean to Advance FPSO-Mounted Carbon Capture Tech

Azeri SOCAR Plans New Agreements with Oil and Gas Majors

TPAO, SOCAR and BP to Ink Caspian Sea Oil and Gas Production Deal

Fugro Lands Deepwater Gas Field Job in Southeast Asia

Second Hai Long Substation Heads to Project Site Offshore Taiwan

Marine Masters Secures Wellhead Platforms Installation Job Off India

Shell Predicts 60% Rise in LNG Demand by 2040 with Asia Leading the Way

Current News

Petronas Expands Suriname Portfolio with Deepwater Block Acquisition

Japanese Oil and Gas Firm Enters Two Blocks off Malaysia

Yinson Production, “K” LINE Target Europe's CCS with FSIU and LCO2 Solutions

Woodside Agrees Long-Term LNG Supply with Petronas Unit

MODEC and Terra Drone Renew FPSO Drone Inspection Partnership

Yinson Production Closes $1B Investment to Drive Further Growth

Petronas-Eni Upstream Joint Venture to Take Up to Two Years to Set Up

Wood JV Gets EPC Job for Shell off Brunei

Chuditch Gas Field Drilling Ops Get Delayed to Next Year

French Oil Major Acquires Interests in Multiple Blocks in Southeast Asia

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