SINGAPORE – Seatrium has returned to a full-year profit ... following Sembcorp Marine’s acquisition of Keppel Offshore & Marine for $4.5 billion and their subsequent merger.

Seatrium’s merger with Keppel Offshore & Marine was completed on Feb. 28, 2023. We think the enlarged entity will enhance Seatrium’s future earnings given the larger scale and stronger order book.

SINGAPORE - Seatrium’s shares rallied more than 10 per cent on Feb 13 after its announcement of a second project with oil and gas giant BP to build a deepwater floating production unit (FPU).

Seatrium is set to report its FY2024 earnings tomorrow, Feb 21. In a separate filing by Seatrium, Keppel Corp has sold 1.5 million shares for $3,828,535.71, or around $2.55 each. Keppel's stake in ...

The vessel was originally slated to cost about $500 million when U.S. power company Dominion ordered it from Seatrium AmFELS (then Keppel AmFELS) in 2020. However, the price estimates have since ...