Sevan Marine has agreed a continuation of this work focused on the marine aspects of Sevan Marine’s unique cylindrical design. According to a press release the contract is with an undisclosed major US oil company.
The study is expected to generate approximately 9,000 hours of paid engineering work through 2016. This positive endorsement of Sevan Marine’s technology represents yet a further milestone in the development of Sevan Marine’s FLNG (floating liquefied natural gas) concept.
Sevan Marine ASA is specializing in design, engineering and project execution of floating units for offshore applications, based on its patented cylindrical floater technology.