SINGAPORE — Seatrium has won multiple offshore oil and gas contracts with a combined value of S$350 million ($260 million).
All are due to be completed by year-end 2025.
The company will convert three LNG carriers to FSRUs for Karpowership, with an option for a fourth conversion. Work is due to start shortly and includes installing a regasification skid as well as cargo, utility, spread-mooring, offloading, electrical and automation systems.
For MODEC Management Services, Seatrium will perform maintenance and upgrades to Woodside Energy’s Pyrenees Venture FPSO. The vessel will likely then be sent back into production offshore Western Australia.
Seatrium will also conduct remediation work for Chevron Thailand Exploration and Production as well as repairs to the Hakuryu 5 semisubmersible drilling rig for Japan Drilling.
