Seatrium stays bullish on green bets despite axing of US$475 million wind project

Seatrium stays bullish on green bets despite axing of US5 million wind project


The offshore and marine player is also exploring ‘moonshot’ projects such as a floating nuclear platform

[SINGAPORE] Even in the face of a US$475 million contract termination for a wind vessel, Seatrium is staying the course on green opportunities.

The offshore and marine company is actively looking at developing infrastructure for floating offshore wind farms – a nascent segment that could revolutionise wind energy globally.

Seatrium, which specialises in building offshore oil and gas assets, is also looking into ammonia production platforms and carbon capture retrofits for vessels.



Source link

Posted in

Brand Post

I am an editor for IBW, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

Leave a Comment