Seatrium has secured an FPSO integration contract worth more than S$200 million from SBM Offshore, adding a substantial fabrication and vessel-modification programme to its offshore workload.
The company’s 30 October announcement says execution is expected to start in the fourth quarter of 2026 and finish in 2029. The floating production, storage and offloading vessel is intended to support offshore developments in South America.
The disclosed work includes mooring and riser support structures, a flare tower and other topside supports. Seatrium will also carry out vessel modifications, drydocking and installation of topside modules.
Mechanical completion, selected pre-commissioning activities, and assistance with commissioning and sea trials are also included. These stages connect fabrication and integration work with the vessel’s eventual operating readiness.
The announcement does not identify the FPSO, field or end operator. It also does not provide a recruitment total or separate values for the individual work packages.
The award continues Seatrium’s existing relationship with SBM Offshore and provides a multi-year delivery programme for engineering, fabrication and commissioning teams.
Source: Seatrium press release distributed via Markets Insider, 30 October 2026. Corroboration: Offshore Energy.
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Image credit: Illustrative location file photograph: Port of Singapore viewed from Pinnacle @ Duxton, 28 December 2018. This is not a Seatrium shipyard, the unnamed FPSO or work under the new contract. Aatu Dorochenko (Aaaatu) / Wikimedia Commons, CC BY-SA 4.0. Resized and compressed; same licence retained. Original photograph · CC BY-SA 4.0.
By Energy People — compiled with AI assistance from the linked sources.
