Sevan Marine Keeping Fingers Crossed for Catcher FPSO Award

Sevan Marine, a Norway-based provider of cylindrical floating production units, expects stiff competition for the Catcher field FPSO contract award. The field, operated by Premier Oil, is located in the UK sector of the North sea.

The tender process for the construction and operating contract for the FPSO was initiated in the first half of 2013. According to data found on Premier Oil’s website, negotiations are currently ongoing with two contractors. BW Offshore has been touted as the competitor to Sevan Marine in this project.

In its quarterly presentation, Sevan Marine CEO Carl Lieung said that the bids have been submitted, and the Premier Oil’s FPSO decision is expected in the coming weeks.

“We believe it will be some close competition, but we cross our fingers it will be in our favor,” Lieung said.

According to a report found on Premier’s website, the Catcher sanction is scheduled for December 2013. First oil from the field is dependent of the FPSO tender process, but Premier expects it to flow in 2H 2016.

FLNG Adventure

Separately, Lieung said that the company was in talks with certain clients about potential studies to be conducted on Sevan FLNG concept.Sevan FLNG

“We want to start working and to position ourselves for an upcoming market, which is the FLNG Market,” Lieung added.

He did not reveal much, but from the presentation, one could see that the FLNG unit would be built according to Sevan’s  typical cylindrical design.

Offshore Energy Today Staff, November 21, 2013

 

Share this article

Follow Offshore Energy Today

Events>

<< Dec 2019 >>
MTWTFSS
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

Africa Oil Week 2020

For over 25 years Africa Oil Week has been the meeting place for Africa’s most senior E&P stakeholders.

read more >

CERAWeek 2020

 Each year, CERA clients gathered for a few days in Houston…

read more >

Offshore Technology Conference (OTC) 2020

The Offshore Technology Conference (OTC) showcases leading-edge technology for offshore drilling, exploration…

read more >

2020 EXPLORATION AND PRODUCTION STANDARDS CONFERENCE ON OILFIELD EQUIPMENT AND MATERIALS

The development of consensus standards is one of API’s oldest and most successful programs.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply