Seatrium Eyes $25 Billion in Global Oil and Gas Opportunities

Seatrium is well-positioned to capture $25 billion-worth of global opportunities in the oil and gas sector, according to a statement from the company. The company's Tuas Boulevard yard in Singapore will focus on building floating production storage and offloading (FPSO) vessels, floating liquefied natural gas (LNG) vessels, and Floating Storage Regasification Units (FSRUs).

The oil and gas industry is expected to require a significant number of these types of vessels in the coming years. Seatrium's experience and capabilities make it an attractive choice for companies looking to build and operate these complex projects.