Seatrium, previously known as Sembcorp Marine and renamed as Seatrium following its merger with Keppel Offshore & Marine, announced on Tuesday that it has secured a series of repair and upgrade contracts worth about S$170 million ($131.3 million).
According to Seatrium, a large proportion of the contracts was contributed by cruise ship
refurbishments and naval projects, while the group has also secured contracts for offshore repairs and maintenance.
Seatrium said it had also secured “notable” contracts involving repairs and upgrade works on three LNG carriers, including solutions to address greenhouse gas emissions, three tankers, a wind turbine installation vessel, and two power station vessels from repeat customer, Karpowership – Karadeniz Powership Mehmet Bey and Karadeniz Powership Fatmagul Sultan.
The group did not provide further details regarding the LNG carrier contracts.
Seatrium recently completed upgrading Chevron’s last LNG carrier as part of a project aimed at slashing emissions.
This is the last vessel as part of a turnkey EPIC lower carbon LNG fleet upgrade for Chevron.
In addition, Seatrium secured a contract from a unit of floating LNG player Golar LNG in August to upgrade the latter’s FLNG Hilli, ahead of its new contract in Argentina in 2027.
Seatiurm delivered FLNG Hilli to Golar in 2017, saying that it is the world’s first converted FLNG vessel.
The group also delivered FLNG Gimi to Golar in 2023, which earlier this year started commercial operations at the BP-operated Greater Tortue Ahmeyim field offshore Mauritania and Senegal.
