Gulf Oil and Gas accountACCOUNT

Sevan Marine Secures Long Term Framework Agreement with ExxonMobil

Source: www.gulfoilandgas.com 2/24/2017, Location: Europe

Sevan Marine ASA has entered into a long term framework agreement with ExxonMobil for the provision of services and use of Sevan Marine’s cylindrical hull technology. Sevan Marine has worked with ExxonMobil since 2015, when the company was awarded a feasibility study to explore the use of Sevan Marine’s cylindrical hull for a FLNG development. Sevan Marine is currently working on a follow up study focusing on the hull and marine aspects of Sevan Marine’s unique cylindrical design.

The total value of the framework agreement is subject to the calling off of individual orders. Sevan Marine expects the first order under this agreement, involving the continuation of engineering and FLNG design work, to be called off later in February.

“We are delighted to have secured this long term frame agreement with ExxonMobil. It is a further milestone in the development of Sevan Marine, its cylindrical hull design and its engineering capabilities. We look forward to continuing to support ExxonMobil in the years to come,” says Reese McNeel, CEO of Sevan Marine ASA. He continues: “Sevan Marine has received substantially increased interest in its unique design from several oil companies over the last months and the company believes this is a reflection of a changing market place, increased willingness of large oil companies to consider different technologies and Sevan Marine’s own business development efforts”.

Engineering News in Norway >>

United Kingdom >>  6/2/2020 - Rolls-Royce has been awarded a full-service engineering design framework contract with the United Kingdom Atomic Energy Authority (UKAEA), the governm...
Australia >>  5/28/2020 - KBR (KBR) announced that it has been awarded an energy efficiency opportunities study at Gladstone LNG (GLNG) by Santos Ltd., a leading energy group i...

Netherlands/Holland >>  5/26/2020 - MAN Energy Solutions in Berlin has been awarded a contract for the engineering of three RG compressor trains for a carbon capture, utilization and sto...
United States >>  5/26/2020 - KBR was awarded a five-year extension of its Honeywell Master Services Agreement (MSA) for professional services in metrology, global property managem...

Australia >>  5/20/2020 - Real Energy, an Australian east coast focused gas company with interests in the Cooper and Surat Basins has announced that it has established a wholly...
United States >>  5/20/2020 - BP and Worley have entered into two global framework agreements; one for conceptual engineering and the other for early engineering and front-end engi...

Related Categories: Consultancy  Engineering  FEED  General  Maintenance and Repair  Process Technology Licensing  Production Engineering  Project & Resource Management 

Related Articles: Consultancy  Engineering  FEED  General  Maintenance and Repair  Process Technology Licensing  Production Engineering  Project & Resource Management 


Norway Oil & Gas 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 |

More News

Related Links

Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.