Seatrium - OCBC Investment Research 2025-02-14: Double Happiness

• Seatrium's share price jumped 10.9% on 13 Feb 2025 on news of a potential floating production unit (FPU) project with BP Exploration & Production Inc.
• The Trump administration’s focus on US energy dominance creates upside risks to Seatrium’s order book, in our view.

Seatrium announced yesterday the signing of a Memorandum of Understanding (MOU) with BP to build the Tiber FPU in the US Gulf Coast.

• - Read this at SGinvestors.io -
• - Read this at SGinvestors.io -
• In late-Jan 2025, Seatrium was also awarded a contract by Penta-Ocean Construction (POC) to carry out EPC work for a 5,000-ton fully revolving Heavy Lift Vessel project.

Upside risks to Seatrium’s order book

• Read more at SGinvestors.io.

Above is an excerpt from a report by OCBC Investment Research.
Clients of OCBC Securities may be the first to access the full PDF report @ https://www.iocbc.com/.

Read also OCBC's most recent report:
2025-02-21 Seatrium - Eyes On The Target.

Price targets by 3 other brokers at Seatrium Target Prices.

Listing of research reports at Seatrium Analyst Reports.

Relevant links:
Seatrium Share Price History,
Seatrium Announcements,
Seatrium Dividend Payout Dates & Corporate Actions,
Seatrium News