Seatrium

Seatrium partners with Cochin Shipyard with an eye on India's rig market - THE EDGE SINGAPORE

Offshore & Marine

Seatrium partners with Cochin Shipyard with an eye on India's rig market

"This partnership aims to capitalise on opportunities for mobile offshore drilling units specifically designed to meet the needs of the Indian market," says Seatrium.
Keppel to take over 'driver's seat' over legacy rigs amid projected shortage - THE EDGE SINGAPORE

Offshore & Marine

Keppel to take over 'driver's seat' over legacy rigs amid projected shortage

Keppel aims to be back in the "driver's seat" over at a special entity set up to house 13 oil rigs following the merger of its offshore and marine unit with then-rival Sembcorp Marine.
Morningstar believes Seatrium will turn profitable in 2024; other analysts keep ‘add’ and ‘buy’ calls - THE EDGE SINGAPORE

Broker's Calls

Morningstar believes Seatrium will turn profitable in 2024; other analysts keep ‘add’ and ‘buy’ calls

CGS International analysts Lim Siew Khee and Meghana Kande says Seatrium remains its "top pick" as they see the group posting a "strong turnaround" in 2HFY2024.
Seatrium delivers fifth and final jackup rig for Borr Drilling - THE EDGE SINGAPORE

Company in the news

Seatrium delivers fifth and final jackup rig for Borr Drilling

Seatrium has delivered its fifth newbuild jackup rig Var to Borr Drilling ahead of its timeline.
Seatrium says it has net order book of $24.4 bil in 3QFY2024 business update - THE EDGE SINGAPORE

Results

Seatrium says it has net order book of $24.4 bil in 3QFY2024 business update

The group’s net order book comprises 30 projects with deliveries till 2031.
Seatrium, Frasers Property among TNFD’s 502 adopters - THE EDGE SINGAPORE

Environmental, Social and Governance

Seatrium, Frasers Property among TNFD’s 502 adopters

The Mainboard-listed companies join UOB, Olam Agri and CDL in committing to disclose their material nature-related issues when reporting on FY2025 or earlier.

Offshore & Marine

Seatrium secures $100 mil worth of repairs and upgrades contracts

As at 10.15am, shares in Seatrium are trading 2 cents higher or 1.02% up at $1.99.
Seatrium shares surge 10.7% prior to midday break, no trading halt called - THE EDGE SINGAPORE

Company in the news

Seatrium shares surge 10.7% prior to midday break, no trading halt called

Seatrium’s shares opened at $1.77 on Oct 4. The company has not called for a trading halt.
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