Seatrium and Shell have worked together on various projects previously including the recently-announced Sparta floating production unit (FPU), which is conceived as a replicable project to leverage Seatrium’s topsides single lift integration methodology.
“We are pleased to deepen our collaboration with Shell, leveraging both parties’ competencies and technologies in past floating production systems projects. We look forward to continue working with Shell to mutually learn and develop best-in-class project management practices to achieve operational efficiency in future floater projects, benefitting both parties,” says William Gu, executive vice president of Seatrium Oil & Gas (International).
As at 9.30am, shares in Seatrium are trading 0.1 cent lower or 1.24% down at 8 cents.
