Seatrium Seizes LNG Opportunity Amid Middle East Tensions

Offshore engineering company Seatrium is seeing growing demand for liquefied natural gas (LNG) infrastructure due to the US-Iran war, which has forced countries to seek alternative energy sources.

The war has caused oil prices to become volatile following the closure of the Strait of Hormuz, a vital shipping route for global oil and gas supplies.

Seatrium's CEO Chris Ong said that the energy crisis is reshaping global energy flows and prompting governments to invest in infrastructure that can produce LNG.

The company has experience in designing and building LNG platforms and vessels used to transport, store, and convert LNG to gas for onshore power grids.