Seatrium net order book at $21.3b as of March

Out of the total, $7.1b comes from renewable and green energy projects.

Seatrium Limited has announced that its net order book stood at $21.3b as of 31 March 2025, covering 26 projects with deliveries scheduled through 2031.

Out of the total, $7.1b comes from renewable and green energy projects, reflecting Seatrium’s growing focus on clean solutions.

In oil and gas, Seatrium delivered its fourth FPSO for Guyana and continues work on several other FPSOs for Guyana and Petrobras.

The company also signed a memorandum of understanding with bp for a second Floating Production Unit and secured a contract for a jack-up rig supply.

On the renewables front, key milestones include steel fabrication for an offshore converter platform in Europe and commissioning work on offshore wind substations.

The group also secured a contract to build a Heavy Lift Vessel for Japan’s offshore wind market.

Additionally, Seatrium completed 45 repair and upgrade projects, including a full-scale carbon capture retrofit and a Floating Storage Regasification Unit conversion.

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