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Seatrium
Oil & Gas
Petrobras lifts business plan 31% to US$102 billion in major shift
'Previously, you saw a company with no future, failing to invest'
7 days ago
Investing ideas
Seatrium still 'steady as she goes' despite headwinds
Seatrium aims to complete a thorough strategic review of the merged company by the end of the year
16 days ago
Results
Seatrium expects to make net loss for FY2023 although operational and financial performance expected to improve
The group’s net gearing ratio stood at 0.15x as at Sept 30, down from 0.17x as at June 30.
25 days ago
Offshore & Marine
Seatrium successfully delivers floating production unit for Gulf of Mexico project
The FPU was for the contract that was signed with Shell Offshore in November 2019.
October 19, 2023
Sustainability
Seatrium to promote energy transition and sustainability through partnerships with NUS
Both agreements were signed at a joint ceremony on Oct 6.
October 06, 2023
Broker's Calls
UOBKH adds Marco Polo Marine and RH Petrogas, removes Delfi, LHN Group and Yangzijiang from October alpha picks
UOBKH’s alpha picks portfolio beat the STI by 4.7 ppts, “overcoming weak investor sentiment in September”.
October 02, 2023
Company in the news
Seatrium secures US$500 mil facility with a sustainability-linked conversion option
The new facility includes a sustainability-linked conversion option that’s aligned with sustainability-linked loan principles.
October 02, 2023
New appointments
Seatrium appoints former Siemens chief of staff to its board
Following Schumann’s appointment, Seatrium’s board will now comprise 10 directors.
September 28, 2023
Broker's Calls
DBS keeps 'buy' call and 18 cents target price on Seatrium
'The tide is turning now'
September 22, 2023
Broker's Calls
UOB Kay Hian gets ‘positive vibes’ from Seatrium after tour of its FLNG project
UOB Kay Hian's analyst Adrian Loh has kept his "buy" call and target price unchanged at 19 cents.
September 13, 2023