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Sevan Marine to sell Sevan Hulls nos 4 And 5

Sevan Marine ASA announced that it has entered into an agreement to sell the semi-completed Sevan hulls number 4 and 5 (the “Hulls”) on an “as-is, where-is” basis to Logitel Offshore. The total purchase price for the Hulls is USD 41 million, to be rendered as a seller’s credit. Sevan will grant an additional loan […]

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Sevan Marine Delivered to FPSO “Voyageur Spirit”

SEVAN MARINE ASA: FPSO “Voyageur Spirit” Delivered – Sevan Restructuring Completed The Restructuring, which commenced in 2011 and has been implemented under a step plan through 2011 and 2012, has now been effected according to plan as the final element was completed with the delivery today of FPSO “Voyageur Spirit” (the “Unit”) to Voyageur LLC, […]