Seatrium unit, Cochin Shipyard ink deal to expand offshore services in Asia

Seatrium brings engineering and offshore solutions.

Seatrium Offshore Technology Pte Ltd (SOT), a subsidiary of Seatrium Limited, has signed a memorandum of understanding (MoU) with Cochin Shipyard Limited (CSL) to strengthen offshore cooperation in India and Asia.

The partnership combines SOT’s engineering expertise and offshore solutions with CSL’s shipbuilding, fabrication and repair capabilities to target Maintenance, Repair and Overhaul (MRO) projects and explore new offshore markets in the region.

“India’s rapidly developing offshore energy sector and rising demand for maritime infrastructure present compelling opportunities for collaboration and innovation,” said Winston Cheng, senior vice-president of SOT.

Sivakumar A, general manager of Ship Repair at CSL, said the collaboration will enable both companies to provide “high-quality, cost-effective offshore services” across the region.

The deal includes joint marketing, project execution and technology sharing, and follows a November 2024 agreement between Seatrium and CSL to design and supply equipment for jack-up rigs in India.

According to the International Energy Agency (IEA), India is projected to lead global oil demand growth, reaching an estimated 6.6 million barrels per day by 2030.

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