With over 60 years of experience in the energy and marine design and construction sector, Seatrium Limited (Seatrium) delivers innovative engineering solutions that span across the development of offshore platforms, rigs, floating vessels, and specialised vessels, as well as in its delivery of repair, upgrading and conversion services. With these extensive solution offerings, Seatrium serves the maritime and oil and gas industries well, positioning itself as a premier global player offering solutions that are underpinned by the company’s commitment to high standards, safety, sustainability and performance. With such a pivotal reputation within the energy and maritime sectors, Seatrium is now a leading engineering company operating across the world.
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The Seatrium we know today was formed when Sembcorp Marine and Keppel Offshore & Marine, two heavyweights in the engineering sector, came together to form a single group that would harness both companies’ extensive expertise and knowledge in the industry. Together, these companies hoped to deliver leading solutions that could better serve their customers and stakeholders by leveraging the synergies between the two companies. Thus, Seatrium was formed in 2023, delivering high-quality and high-performance engineering solutions that are purpose-built to meet its customers’ needs. This innovative approach ensures that Seatrium can continue to work with its clients to develop offshore and maritime solutions that meet their specific needs, enhancing global energy and maritime sectors, whilst solidifying Seatrium’s place as a leading engineering company across the world.
Today, Seatrium’s operations span across the world with the company operating shipyards, engineering centres and technology facilities in places such as Singapore, Brazil, China, India, Indonesia, Japan, Malaysia, the Philippines, Norway, Saudi Arabia, and the United Arab Emirates, the United Kingdom and the United States of America. Across these hubs of operations, Seatrium is set on delivering vital solutions that explore new spaces, technologies and applications even under the most challenging of circumstances. With innovation at the heart of its development, Seatrium’s key business segments include oil and gas new builds and conversions, offshore renewables, repairs and upgrades, and new energies, with a growing focus on sustainability.
For the oil and gas sector, Seatrium delivers complex rigs and turnkey solutions, which are designed to harness the global network to deliver vital energy developments. Its products include the new builds and conversions for Floating Storage and Offloading (FSO) units, Floating Production and Storage (FPSO) Units, Floating Drilling, Production, Storage and Offloading (FDPSO) units, and Mobile Offshore Production Units (MOPUs). In addition to this, Seatrium also delivers gas terminals, Floating Liquefied Natural Gas (FLNG) units, Floating Storage Regasification Unit (FSRU) and Gravifloat solutions, as well as Offshore Oil and Gas Fixed Platforms.
Seatrium has already shown its expertise in this field, with the development of Shell Vito RPF (Regional Production Facility), a deep-water floating production unit that is delivering oil and gas in the Gulf of Mexico. The unit was delivered in late 2021 and is a compact and efficient solution that incorporates advanced technology. Shell Vito RPF was one of the first of two new build FPUs Seatrium has delivered and will provide a great model for future compact, efficient FPU developments within the deep-water sector.
In July, Seatrium further cemented its place as a leading FPSO provider across the world with the delivery of PETROBRAS 78 (P-78) to Brazil’s national oil company, Petróleo Brasileiro S.A. (Petrobras). P-78 delivers a production capacity of 180,000 barrels of oil per day (bopd), 7.2 cubic metres (mcbm) of gas per day, and provides storage capacity for 2 million barrels of oil. The FPSO will be deployed across the Búzios Field, which is one of the most prolific oil and gas deposits offshore Brazil, providing essential oil and gas production for Brazil’s energy sector. P-78 ranks among the largest in the global operating fleet of FPSOs, highlighting Seatrium’s engineering expertise and innovation in delivering the vessel to support the energy sectors across the world. In fact, Seatrium has previously delivered FPUs, FPSOs, FSRUs, drill rigs and accommodation vessels to Brazil’s energy sector already, highlighting its robust relationship with the country as a leading engineering solution provider.
Another key sector of Seatrium’s business is focused on offshore renewables and delivering new energy. For this, the company delivers turn-key solutions including fixed platforms, offshore wind and new energy solutions that focus on being cost-effective and highly adaptable, whilst also meeting the highest of technical specifications for global clients. Seatrium delivers offshore wind farm fixed platforms, including High Voltage Direct Current (HVDC) converter stations, High Voltage Alternating Current (HVAC) substations and wind turbine foundations. In addition to this, Seatrium is also focused on delivering Wind Turbine Installation Vessels (WTIVs), Floating Offshore Wind Turbines (FOWTs) and Floating Wind-HVDC and HVAC stations. This focus on delivering engineering solutions for the offshore renewables and new energies sector highlights Seatrium’s commitment to delivering designs that are helping customers across the world to meet their sustainability goals, and in the process, solidifying Seatrium’s role as a key provider of solutions that are designed with sustainability and emission reduction in mind.
Aside from its role in the offshore energy sector, Seatrium also provide specialised shipbuilding services to deliver high-performance specialised vessels that are designed with the global energy transition and decarbonisation in mind. These vessels are ‘future-proofed’ utilising Seatrium’s award-winning, high-performance and specialised expertise in vessel construction to deliver vessels that meet the highest of technical specifications for clients across the globe, both for today and for the future. However, alongside its development of new vessels, Seatrium is also passionate about repairing and upgrading existing vessels. For this, the company has developed strong relationships with its clients to repair, refurbish, retrofit and extend the life of existing vessels, including FPSOs, FSOs and FSU units. This focus on refurbishment and repairs to existing vessels helps to promote sustainability by utilising existing vessels rather than developing brand new ones. Ultimately, this helps to extend the lives of vessels already in operation or give them a new purpose to limit the necessity for new vessels to be made to support the planet, whilst saving its customers both money and resources.
In August, Seatrium signed a Letter of Intent (LOI) with Karpowership for the development of 4 New Generation Powerships, with the adoption of two additional units. Karpowership will deliver the hulls and key equipment for the powerships, where Seatrium will complete the bulk of the mechanical and electrical equipment integration, mechanical completion and pre-commissioning work. The agreement also outlines the conversion, life extension and repairs to three existing LNG carriers to deliver them as FSRUs. The LOI marks a milestone agreement between Seatrium and Karpowership and deepens the strategic partnership between the two towards delivering more sustainable, mobile and scalable energy solutions for the future.
Alvin Gan, Executive Vice President of Repairs and Upgrades at Seatrium, outlined the following announcement: “This LOI marks a pivotal step in our journey to build a global franchise in floating power infrastructure. Our successful collaboration with Karpowership goes beyond FSRU conversions – its about enabling energy access through innovative maritime platforms. With four FSRUs delivered, a fifth due later this months, and two more underway, we are proud to be a long-term trusted partner in delivering greener energy and sustainable solutions; through a variety of innovative solutions in new generation powerships, FLNGs, floating battery, floating data centres and water de-salination vessels. These projects demonstrate our engineering excellence and our commitment to supporting the energy transition”. Gan’s comments highlight just how valuable this LOI is in strengthening Seatrium’s position as a leading engineering and development company for the energy sector. By working with other leaders in the maritime construction and engineering sector, such as Karpowership, the two can leverage their expertise to deliver more sustainable, efficient and reliable power ships for the future of energy development.
Across Seatrium’s operations, there is a primary focus on delivering engineering expertise that can harness the energy and maritime sector, whilst working to do this in the most sustainable way possible. With sustainability taken into consideration across every single development or redevelopment, Seatrium can play a valuable role in helping its customers deliver the vital resources needed for operations, whilst meeting global sustainability goals. With a plethora of projects and developments under the company’s belt, it’s no surprise that Seatrium is now a leader in the global offshore, marine and energy sectors, focused on engineering for the future.
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