First oil on FPSO Sevan Hummingbird

abarrelfullabarrelfull wrote on 25 Feb 2013 07:08

September 22, 2008

The FPSO Sevan Hummingbird has commenced oil production on Venture's Chestnut field, in the central UK North Sea. The Sevan Hummingbird is based on Sevan's unique and patented technology and is the first cylindrical FPSO to be installed in the North Sea. Sevan's FPSOs are designed to provide higher uptime, better motions and lower operating costs than conventional units.

The Sevan Hummingbird will be working under a 2.5 + 2 year charter contract with Venture Production Plc. The geo-stationary FPSO has an oil storage capacity of 300,000 barrels and is equipped with an oil processing capacity of 30,000 barrels per day and a water injection capacity of 20,000 barrels per day.

This is a major milestone for Sevan and marks the start of our North Sea operations. We are proud to introduce a new and improved floating production technology to these harsh environments, says Jan Erik Tveteraas, CEO of Sevan Marine ASA.
In addition to the FPSO Sevan Hummingbird, Sevan has signed contracts for the charter of three other production units. The Company's first FPSO, the Sevan Piranema, has been producing since October 2007, off the coast of Brasil for Petrobras, with a production uptime of more than 99% in the last six months.

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