Sevan Marine ASA (Sevan) has signed a Letter of Intent (LOI) with Eni Norge, the operator of the Goliat license (PL229), for the Goliat FPSO design competition FEED phase.
Offshore Staff
ARENDAL, Norway -- Sevan Marine ASA (Sevan) has signed a Letter of Intent (LOI) with Eni Norge, the operator of the Goliat license (PL229), for the Goliat FPSO design competition FEED phase.
The design competition phase will be completed by early Fall 2008. It is estimated that the selected concept will be announced in 4Q 2008. The FPSO will be based on Sevan's proprietary technology, which incorporates the potential for feeding the FPSO with electrical power from shore, reducing the emission of CO2.
"We are proud that Eni Norge has selected Sevan for the FEED phase of the Goliat project," says Jan Erik Tveteraas, CEO of Sevan Marine ASA. "It illustrates the competitiveness of Norwegian technology in the most challenging parts of the offshore market. The cylinder shaped Sevan FPSO is particularly suitable for operations in the Barents Sea, due to its environmentally friendly operations, high efficiency, and good stability under harsh weather conditions."
