Our fair value estimate for Seatrium is SGD 2.92 per share, which implies a 2025 price/book value of about 1.50 times. The weighted average cost of capital used in our discounted cash flow model is ...

Seatrium, marked by strong order wins, a decade-high order book and most importantly, a return to full-year profitability,” ...

The FPSO will be based in the Libra field ... The company has amended its construction contracts with Sembcorp Marine's subsidiary, Jurong Shipyard, to delay the delivery of its two newbuild, ...

Two of the systems are being supplied to MODEC, while the third will be installed by Sembcorp Marine’s Jurong yard in Singapore. The FPSO Cidade de Campos dos Goyatacazes is being built by MODEC for ...

Petróleo Brasileiro S.A. - Petrobras PBR has started oil production from its deepwater project offshore southeast Brazil with its largest floating production, storage, and offloading (FPSO ...

A Modec spokesperson told Upstream the company "will be participating in the bid for the SEAP FPSO", but did not share further details. If Modec indeed submits a bid on 16 June, it would mark the ...

The new bidding opportunity comes after an attempt last year to charter the Albacora FPSO resulted in Petrobras cancelling the tender, as the commercial proposals submitted by Norway’s BW ...

RIO DE JANEIRO (Reuters) - Brazil's state-run oil firm Petrobras is considering cancelling a tender to charter a production storage and offloading vessel (FPSO) from India's Shapoorji Pallonji Energy, ...

An innovative floating, production, storage, and offloading (FPSO) vessel equipped with a carbon capture and storage facility has been completed in Shanghai, according to Science and Technology Daily.

Once the floating production storage and offloading (FPSO) vessel is installed, the consortium plans to boost output capacity to 940,000 barrels per day (bpd) later this year. The group produced ...