Seatrium Limited Finalizes Leniency Agreement with Brazilian Authorities

Seatrium Limited ( (SG:5E2) ) has issued an update.

Seatrium Limited has successfully signed a leniency agreement with the Brazilian Attorney-General’s Office and the Comptroller General of the Union, as previously anticipated. This development is significant for Seatrium as it may enhance its operational stability and reinforce its position in the global offshore and marine industry, potentially impacting its stakeholders positively.

The most recent analyst rating on (SG:5E2) stock is a Buy with a S$2.80 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 Singapore-based company providing innovative engineering solutions to the global offshore, marine, and energy industries. With over 60 years of experience, the company specializes in the design and construction of rigs, floaters, offshore platforms, and specialized vessels, as well as the repair, upgrading, and conversion of various ship types. Seatrium’s key business segments include Oil and Gas Newbuilds and Conversions, Offshore Renewables, Repairs & Upgrades, and New Energies, with a focus on sustainable solutions for energy transition and maritime decarbonization. The company operates facilities in multiple countries, including Singapore, Brazil, China, and the United States.

Average Trading Volume: 11,879,133

Technical Sentiment Signal: Buy

Current Market Cap: S$8.25B

For detailed information about 5E2 stock, go to TipRanks’ Stock Analysis page.