Sevan: Update on FPSO Sevan Voyageur SVMRF.pk,, SEVAN.ol
Sevan: Update on FPSO Sevan Voyageur
Following Oilexco`s announcement yesterday regarding appointment of Administrators of its subsidiary Oilexco North Sea Limited, Sevan has had initial discussions with the Administrators. A process for payment for the activities incurred during the period of administration has been agreed.
Sevan continues the final commissioning activities on FPSO Sevan Voyageur, preparing the unit for first oil on the Shelley field.
Sevan Marine ASA is listed on Oslo Børs (ticker SEVAN) and is specializing in building, owning and operating floating units for offshore applications. The Company has developed a cylinder shaped floater, suitable in all offshore environments. Presently Sevan Marine has four floating production, storage and offloading units (FPSOs) and three drilling units contracted to clients. The Company is also developing other application types for its cylindrical Sevan hull, including floating LNG production and power plants with CO2 capture. For more information, please refer to http://www.sevanmarine.com/.
For information, please contact: Jan Erik Tveteraas, CEO, Sevan Marine ASA (Media) +47 37404000 office +47 95214925 mobile
Birte Norheim, VP Finance, Sevan Marine ASA (Analysts) +47 37404201 office +47 95293321 mobile Read our disclaimer and copyright notice
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