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Seatrium and bp sign MOU for Tiber FPU project in Gulf of Mexico
Engineering solutions provider Seatrium has entered into a memorandum of understanding (MOU) with BP Exploration & Production (bp) for the Tiber floating production unit (FPU) project, aimed at ...
The Straits Times29d
Seatrium’s shares jump over 10% after it inks MOU with BP for second deepwater production unit
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).
Morningstar19d
Seatrium Earnings: Bottom Line Profitable After Six Years of Losses; Valuation Raised 10%
Seatrium recorded 2024 net profit of SGD 157 million after six years of losses. It has proposed a final dividend of SGD 0.015 per share, the first since 2017. Why it matters: While we are positive ...
Marine Link1mon
BP Picks Seatrium for Tiber Floating Production Unit
Seatrium and BP have signed the Memorandum of Understanding (MOU) in preparation for a second project, the Tiber Floating Production Unit (FPU), in the U.S. Gulf of America. Under the MOU for the ...
The Straits Times22d
Seatrium posts $157 million in earnings for 2024, its first full-year profit since 2017
SINGAPORE – Seatrium has returned to a full-year profit for the first time since 2017 and is proposing a dividend of 1.5 cents per share to mark the turning point. For the year to December 2024 ...