With the completion of a multimillion-dollar sale deal, Seatrium has handed over a shipyard in Texas to Karpower Valley, a related party of Türkiye’s floating power plant company Karpowership, to enhance capital and operational efficiencies, while unlocking value from one of its surplus facilities.

Texas United States AmFELS Karpower Valley Seatrium Seatrium Chris Ong Saudi Arabia United Arab Emirates United Kingdom Offshore Energy Yard Brownsville Houston Vicksburg Mississippi