seatrium
Seatrium back on track with estimated S$2 billion TenneT order: analysts
The latest contract lifts the total value of its new wins in FY2025 past S$4 billion
Seatrium consortium bags major contract with TenneT to link Germany’s grid with North Sea wind power
This brings Seatrium’s value of new wins for FY2025 to over S$4 billion to date
Stocks to watch: Low Keng Huat, Centurion, Manulife US Reit, Seatrium, Wilmar, LHN
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Dec 1):
Seatrium to start its own arbitration in US$475 million contract termination dispute
The contract, which is 98.9% complete, is for the construction of a wind turbine installation vessel in a US offshore wind farm
Seatrium bags new BP contract; lifts order book to more than S$2 billion
The Tiber FPU marks Seatrium’s second consecutive deepwater project for BP
Seatrium eyes more new order wins; net order book stands at S$16.6 billion in Q3
The group says it is making ‘steady progress’ towards achieving its 2028 financial targets
Seatrium to sell ship-owning unit to Brazilian vessel operator for US$59.7 million
This is in line with its strategy of divesting non-core assets to enhance capital and operational efficiencies
Seatrium bags S$170 million worth of new contract wins ahead of Q3 results
All works for the projects are set to be completed by the first quarter of 2026
Seatrium rejects ‘wrongful termination’ of US$475 million contract, receives notice of arbitration
The deal is for the construction of a wind turbine installation vessel at a US offshore wind farm
Seatrium must manage its risks well as it tackles offshore headwinds
The company’s best defence is to broaden its non-oil and gas portfolio, in both geography and technology
