Seatrium Limited (SG:5E2) has released an update.
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Seatrium Limited has announced receiving a Letter of Intent from BP to conduct early engineering work for the Kaskida Floating Production Unit in the Gulf of Mexico, anticipating a full EPC contract. The firm views this as a testament to its leadership in complex FPU projects. However, this agreement is not expected to significantly affect Seatrium’s financial results for the year.
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