Press Release – Sevan Marine ASA has entered into an agreement to sell the semi-completed Sevan hulls number 4 and 5 on an “as-is, where-is” basis to Logitel Offshore. The total purchase price for the Hulls is USD 41 million, to be rendered as a seller’s credit. Sevan will grant an additional loan of USD [...]
Sevan Drilling, a Norway-based drilling contractor which owns a fleet of Ultra Deepwater drilling rigs of a specific cylindrical design, yesterday, during its Investor Day presentation announced it would not take options for the rigs 5. and 6. at Cosco shipyard. The company’s representatives said they wanted to focus on securing a contract for its rig [...]
First oil and production at the E.ON-operated Huntington oil and gas field in the Central North Sea has started, Sevan Marine, the owner of the FPSO Voyageur Spirit announced on Saturday, April 13. “Following a 72 hours continuous production testing, title to the FPSO Voyageur is expected to be transferred to Voyageur LLC (a subsidiary of [...]
Scana Industrier ASA has through its subsidiary Scana Offshore Vestby, entered into an agreement with UK-based Dana Petroleum for delivery of mooring winches for their new floating production, storage and offloading vessel (FPSO) which will be used in the company’s Western Isles Development Project. The total value of the contract is 57 MNOK. The contract [...]
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Dana Petroleum, on behalf of the Western Isles license partners, has today signed two agreements with Sevan Marine for the application of a Sevan FPSO for the development of the Western Isles project: A Technology License Agreement granting rights to use Sevan Marine’s patented technology for the cylindrically shaped FPSO and A Service Agreement providing [...]
Sevan Drilling announces that in connection with testing of the blowout preventer (“BOP”) on Sevan Brasil, the company has experienced problems with the BOP control systems. The company is currently preparing to pull the BOP to the surface to investigate and make required repair. Sevan Brasil is contracted to Petrobras S.A. on a six year [...]
September 24, 2012 | Posted in
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Sevan Drilling ASA, an international drilling contractor specializing in the ultra deepwater (UDW) segment provides fleet update for March 2012. Sevan Driller: Sevan Driller had a technical uptime of 95.6 % in March 2012. Sevan Brasil: Sevan Brasil was loaded onto the heavy-lifter Mighty Servant 1 and left China 7 March. The voyage to Brasil [...]
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China’s COSCO (Nantong) Shipyard has delivered its new build Sevan Brasil rig to Norway’s Sevan Drilling ASA. The delivery documents were recently signed by and COSCO Nantong and the buyer. Sevan Drilling, a drilling contractor specializing in the ultra-deepwater sector, reports that the rig has been loaded onto the heavylift vessel and is expected to [...]
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Sevan Drilling ASA, an international drilling contractor specializing in the ultra deepwater (UDW) segment provides fleet update for February 2012. Sevan Driller: Sevan Driller had a technical uptime of 82.3 % in February 2012. The downtime in February is primarily related to an incident with the wash pipe and swivel drive shaftdescribed in a release [...]
Teekay Offshore GP L.L.C., the general partner of Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) , announced today that Teekay Corporation (Teekay) and Teekay Offshore intend for Teekay Offshore to acquire the Sevan Piranema (Piranema) floating production, storage and offloading (FPSO) unit directly from Sevan Marine ASA (Sevan) for approximately $165 million, subject [...]
November 10, 2011 | Posted in
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