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An update from Seatrium Limited ( (SG:5E2) ) is now available.
Seatrium Limited has successfully delivered the FPSO BW Opal to BW Offshore, marking their 18th collaboration with the company. This delivery underscores Seatrium’s expertise and reliability in the FPSO sector, reinforcing its industry leadership. The BW Opal, one of the largest FPSOs delivered to Australia, will operate in the Barossa field with advanced energy-efficient technologies, reducing greenhouse gas emissions by 15% compared to traditional systems, which translates to a significant reduction in CO2 emissions over its lifecycle.
The most recent analyst rating on (SG:5E2) stock is a Buy with a S$2.35 price target. To see the full list of analyst forecasts on Seatrium Limited stock, see the SG:5E2 Stock Forecast page.
More about Seatrium Limited
Seatrium Limited is a global leader in the conversion, modification, and completion of Floating Production Storage and Offloading vessels (FPSOs). The company specializes in energy projects, particularly focusing on the installation and integration of topside modules, deck equipment, and turret mooring systems.
Average Trading Volume: 16,650,224
Technical Sentiment Signal: Hold
Current Market Cap: S$6.99B
See more insights into 5E2 stock on TipRanks’ Stock Analysis page.