I have found way to create new account using mnemonic phrase and then convert it to seed, like this
import { Mnemonic } from "@fuel-ts/mnemonic";
import { Wallet} from "fuels";
const mn = Mnemonic.generate();
const seed = Mnemonic.mnemonicToSeed(mn);
const wallet = Wallet.fromPrivateKey(seed, NODE_URL);
Is there opposite way to convert seed to mnemonic phrase with setting how long phrase can be, for example 12 words long, same as in Fuel Wallet