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

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

Oil Jumps 3% on Renewed US-Iran Conflict

Hormuz Traffic Falls to Five-Week Low as Tensions Escalate

Oil Surges 3% on Renewed US-Iran Strikes

MODEC Advances Construction of Brazil-Bound Gato do Mato FPSO

Oil Holds Steady After US, Iran Agree to Cease Attacks

Yinson Production Names FSO for Murphy's Lac Da Vang Project off Vietnam

ASCO Sets Up Shop in Qatar to Drive Middle East Expansion

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

JERA Takes Delivery of First LNG Cargo from Australia's Barossa Gas Project

Current News

ConocoPhillips, CNOOC Put Penglai Field off China Into Full Operation

Mermaid Maritime Expands Into US Offshore Market

ONGC Nears Venezuela Operatorship Deals, Regains Russia’s Sakhalin-1 Stake

Fugro Secures India Deepwater Drilling ROV Contract

Vantris Energy Secures Petronas’ Offshore Drilling Work Orders

ADNOC, SLB Roll Out AI Platform Across More Than 120 Drilling Rigs

Oil Rises as Uncertainty Clouds US-Iran Peace Talks

India’s ONGC to Allocate Half of New Oil Storage to Strategic Reserves

Subsea7 Lands ‘Sizeable’ Contract for Work Offshore Brunei

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

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