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Seatrium stays bullish on green bets despite axing of US$475 million wind project

The offshore and marine player is also exploring ‘moonshot’ projects such as a floating nuclear platform

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Sharanya Pillai

Sharanya Pillai

Published Tue, Oct 14, 2025 · 06:43 PM
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    • Aziz Merchant, Seatrium's executive vice-president for engineering, technology and new product development, says that the company still sees customers in Europe and the Asia-Pacific even as the US wind market slows down.
    • Aziz Merchant, Seatrium's executive vice-president for engineering, technology and new product development, says that the company still sees customers in Europe and the Asia-Pacific even as the US wind market slows down. PHOTO: SEATRIUM

    [SINGAPORE] Even in the face of a US$475 million contract termination for a wind vessel, Seatrium is staying the course on green opportunities.

    The offshore and marine company is actively looking at developing infrastructure for floating offshore wind farms – a nascent segment that could revolutionise wind energy globally.

    Seatrium, which specialises in building offshore oil and gas assets, is also looking into ammonia production platforms and carbon capture retrofits for vessels.

    seatriumcarbon capture and storageOffshore & Marine

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