SINGAPORE - Seatrium New Energy (SNE), a wholly owned subsidiary of Seatrium, and Norwegian energy services firm Aibel have filed arbitration proceeds in relation to a consortium agreement they inked in May 2019.

The parties are disputing the distribution of revenue and costs incurred in relation to the scope of the project under the consortium, to design and build a 900MW offshore converter platform for end-customer TenneT Offshore.