Seatrium (SGX:5E2) secured a project for the conversion of a new floating storage regasification unit from long-term client Karpowership, according to a Monday filing with the Singapore Exchange.
This is the company's eighth FSRU conversion project for Karpowership.
The latest project is slated to commence during the third quarter of the year and is expected to deliver a regasification capacity of up to 600 million standard cubic feet per day.
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