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asset divestment

Seatrium divests AmFELS Yard in Brownsville, Texas, selling the facility to Karpowership affiliate for S$65 million

Seatrium Completes Karimun Yard Sale

Seatrium completed the S$22 million sale of its Karimun Island yard in Indonesia, consolidating operations at Batam as part of a wider non-core asset divestment plan.

Santos sells Mahalo stake; exits Petrel and Tern

Santos agreed to sell its Mahalo JV stake to Comet Ridge Limited and completed the sale of Petrel/Tern interests to Eni Australia, securing cash and contingent consideration and lowering decommissioning exposure.

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