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Seatrium Limited Secures New FPSO Contract
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Seatrium Limited Secures New FPSO Contract

Seatrium Limited (SG:5E2) has released an update.

Seatrium Limited has secured another prestigious contract for the topsides fabrication and integration of the FPSO Jaguar vessel, set to produce 250,000 barrels of oil per day for ExxonMobil Guyana. This project, which commences in the third quarter, further cements Seatrium’s leading role in FPSO projects, particularly in the burgeoning Guyanese oil sector where they have already delivered three FPSOs and are on track with a fourth.

For further insights into SG:5E2 stock, check out TipRanks’ Stock Analysis page.

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