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Seatrium secures S$11.4 billion in order wins for the year to date

Its current net order book stands at S$25.8 billion

 Uma Devi
Vivienne Tay
Published Tue, May 28, 2024 · 09:00 AM
    • Seatrium’s current net order book stands at S$25.8 billion, comprising 31 projects with deliveries until 2030,  excluding repair and upgrade projects.
    • Seatrium’s current net order book stands at S$25.8 billion, comprising 31 projects with deliveries until 2030, excluding repair and upgrade projects. PHOTO: BT FILE

    SEATRIUM on Tuesday (May 28) said it obtained S$11.4 billion in order wins in the year-to-date, driven by contracts from Petrobras and Shell, among other clients.

    These include the recently announced floating production storage and offloading vessel (FPSO) orders from the Brazilian national oil company and a Sparta floating production unit newbuild for Shell, the group said in its first quarter business update.

    The group also won a topsides integration contract from Modec for the Errea Wittu FPSO and a topsides fabrication and integration contract from SBM Offshore for the Jaguar FPSO.

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