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Seatrium upsizes bank guarantee facility to $1 billion
Nov 11, 2024•over 1 year ago
Contract Type
partnership
Oil And Gas
Description
Seatrium, the top offshore and marine contractor in Singapore, has increased its bank guarantee facility to $1 billion as part of its efforts to achieve a leaner cost structure.
Company Information
Company
Seatrium
About
Seatrium was formed earlier this year through the merger of Sembcorp Marine and Keppel Offshore & Marine.