Seatrium Offshore Technology (SOT) has signed a Memorandum of Understanding (MoU) with Cochin Shipyard Limited (CSL), India’s largest shipbuilder, to bolster cooperation in the offshore sector across India and Asia. This strategic partnership aims to leverage SOT’s engineering expertise and CSL’s infrastructure to address the growing demand for maritime infrastructure and energy solutions in the region.
The collaboration will focus on Maintenance, Repair, and Overhaul (MRO) projects for clients operating in Asia, with plans to explore further opportunities in other key offshore markets. The MoU establishes a framework for joint marketing, project execution, and technology collaboration, paving the way for a long-term partnership to support regional energy transition and offshore development.
Winston Cheng, senior vice president and head of SOT, highlighted the significance of this agreement, stating, “This MoU is a strategic milestone in Seatrium’s efforts to expand our global footprint across Asia, with India identified as a key market for long-term growth.” He emphasised the potential for collaboration and innovation in India’s rapidly developing offshore energy sector.
The partnership builds on a previous collaboration between Seatrium Letourneau USA, Inc. and CSL, signed in November 2024, for the joint design and supply of critical equipment for jack-up rigs in the Indian market. This agreement lays the foundation for Seatrium’s long-term involvement in India’s offshore industry, supporting the country’s efforts to enhance energy security amidst rapid industrialisation and urbanisation.
As India is poised to lead global oil demand growth, reaching an estimated 6.6 million barrels per day by 2030, this collaboration positions Seatrium as a key player in driving sustainable offshore development in the region.
