Seatrium awarded contract by Kinetics for FSRU conversion project, highlighting successful partnership.

Seatrium secures a contract with Kinetics for an FSRU conversion project, marking the fourth confirmed project between the two companies. The project, set to start in Q3 2025, involves converting an LNG carrier into an FSRU named LNGT Turkiye. Kinetics specializes in floating LNG assets and renewable energy platforms.

Seatrium’s VP expresses gratitude for Kinetics awarding them the seventh FSRU project. The partnership includes successful completion of four projects to date, with two more in progress. This highlights Seatrium’s commitment to excellence and innovation in the specialized FSRU conversion sector. Seatrium is a global provider of offshore engineering solutions.

In early 2025, Seatrium won a significant contract from Höegh Evi, Norway, for converting an LNG carrier into an FSRU. Kinetics continues to lead the global FSRU market with Seatrium as a valued partner. The companies’ collaboration highlights innovation, technical capabilities, and commitment to sustainable energy solutions worldwide.

Read more at Yahoo Finance: Kinetics awards seventh FSRU project to Seatrium