The "keel laying"of Dana Petroleum's new $400 million floating, storage, production and offloading vessel (FPSO) has commenced today, but then again, if a vessel is cylindrical, does it really have a keel? As announced in July 2012, Dana Petroleum chose a Sevan Marine's proprietary cylindrical design for their FPSO which will eventually be installed about 160 km east of the … [Read more...]
COSCO Shipyards and Sevan Marine Cash in on FPSO Newbuild Order
COSCO Nangtong and Qidong Shipyards won a USD $370 million FPSO newbuild order yesterday from Dana Petroleum to build a Sevan FPSO for the Western Isles project, an oilfield located 500 kilometers northeast of Aberdeen, Scotland in 558 feet (170 meters) of water, comprising the Harris (formerly Rinnes) and Barra (formerly Melville) fields. Sevan Marine won both the … [Read more...]
Sevan’s FPSO Technology Chosen for Western Isles Field Development
Following more than a year of front end engineering and development work, Sevan Marine announced today that Dana Petroleum has chosen their proprietary FPSO technology and technical expertise for implementation with the Western Isles offshore field development project. Carl Lieungh, Sevan Marine's CEO comments: “We are extremely pleased that our FPSO technology has been … [Read more...]