FPSO redeployment can provide a faster, lower-cost route to production, particularly for marginal developments where the economics may not support a conventional new-build solution.
Amplus identifies and assesses available FPSOs, recommends the best-fit asset and defines what it will take to acquire, reactivate, modify and redeploy it safely and efficiently.
For existing FPSOs coming off contract or leaving a field, we can also help identify and prepare for the asset’s next phase.
A redeployable FPSO needs to fit more than the production requirement.
Amplus considers the reserves, field life, location, operating requirements, schedule and project economics before assessing the available FPSO market.
Our independent position means we are not tied to a particular vessel or vessel sale. We assess the options objectively and recommend the asset that best fits the development.
The condition, history and modification requirements of an existing FPSO can fundamentally change the development case.
Amplus combines knowledge of the redeployable FPSO market with structured technical, operational and commercial due diligence.
We assess:
This gives clients a clearer view of the true scope, cost and risk before committing to an asset.
Explore FPSO due dilligence
Amplus can move from selection and due diligence into delivery, managing the work required to prepare the asset for its next field.
For suitable opportunities, Amplus can undertake early multidisciplinary survey work and develop a redeployment base scope, helping define the work required before the final deployment scope is set.
Our support can include:
Clients can appoint Amplus for a defined stage or as a single interface across the FPSO workstream.
Redeployment only works if the asset and commercial model work for the field.
Amplus considers ownership, financing and operating structures alongside the technical solution, helping clients reduce upfront capital requirements and build a model around the economics of the development.
Explore FPSO Ownership and OperationsAmplus acquired the Petrojarl I FPSO in 2025 and appointed Astican Shipyard in Las Palmas to deliver a multi-million-dollar reactivation and readiness programme ahead of redeployment.
Amplus led the ownership transition, coordinating class, flag, vendors and delivery partners. It appointed V.Ships Offshore to provide vessel management and crewing, prepare and oversee the shipyard work scope and support future deployment and operations.
Amplus structured the refurbishment around a phased approach, progressing essential work during the yard phase and reserving deployment-specific modifications until the field requirements were defined.
This focuses investment where it adds most value and supports a faster, lower-cost route back to production without compromising asset integrity.
Amplus later transferred ownership of Petrojarl I to Finder Energy as part of a strategic partnership, while retaining a long-term role across FEED, field deployment, operations, maintenance, conversion and life-extension work.
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