Sembcorp Marine (SG:S51) has released an update.
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Seatrium Limited has announced securing contracts worth S$350 million for vessel repairs, upgrades, and conversions to be completed by 2025, highlighting its leadership in the marine industry. The company will undertake significant projects including the conversion of LNG Carriers into FSRUs for Karpowership and maintenance for Woodside Energy’s FPSO Pyrenees Venture. These contracts underscore Seatrium’s commitment to delivering high-quality projects with strong project management and engineering standards.
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