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An announcement from Seatrium Limited ( (SG:5E2) ) is now available.
Seatrium Limited has secured a contract from Golar Hilli Corporation to upgrade the FLNG Hilli Episeyo vessel, which will be redeployed in Argentina to liquefy gas from the Vaca Muerta Shale formation. This project, scheduled for completion in 2027, aligns with Seatrium’s focus on energy transition, highlighting LNG as a transition fuel and reinforcing the company’s industry positioning as a leader in LNG solutions.
The most recent analyst rating on (SG:5E2) stock is a Buy with a S$2.50 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 recognized leader in the design and construction of complex turnkey solutions for the LNG industry, including newbuilds, conversions, and repairs. The company has a strong track record in LNG-related cryogenic systems and has developed Singapore’s first LNG bunkering vessel and floating hybrid energy storage system.
Average Trading Volume: 11,747,080
Technical Sentiment Signal: Buy
Current Market Cap: S$7.95B
For a thorough assessment of 5E2 stock, go to TipRanks’ Stock Analysis page.