Search results for: Kanfa

226 results

A list of search results

  • 25 April 2014

    Sevan Marine has entered into an agreement with Technip Norge AS on April 3rd, regarding the sale of 49.0% of the shareholding in KANFA AS. The parties have not disclosed the purchase price. Upon completion of the transaction, Sevan Marine will own 51.0% of KANFA AS and Technip will own 49.0%. The parties intend to […]

  • 4 April 2014
    Business & Finance, Equipment

    Sevan Marine ASA has on April 3 entered into an agreement with Technip Norge AS (“Technip”), a wholly owned subsidiary of Technip S.A, regarding the sale of 49.0% of the shareholding in KANFA AS (“KANFA”). The parties have agreed not to disclose the purchase price at this point in time. Upon completion of the transaction, Sevan Marine will own […]

  • 22 February 2017

    Oilfield services provider TechnipFMC is looking to buy the remaining stake in the topside specialist Kanfa from Sevan Marine. In an update on Tuesday, Sevan Marine said it had been approached by TechnipFMC in January which delivered a notification of intention for the acquisition of Sevan’s remaining 51 percent stake in Kanfa AS. Technip, as the […]

  • 9 April 2014
    Business & Finance

    Sevan Marine has announced that the previously agreed transaction of 49% of the shareholding in Kanfa to Technip was completed today.   Sevan Marine ASA is specializing in design, engineering and project execution of floating units for offshore applications, based on its patented cylindrical floater technology. Sevan Marine ASA is listed on Oslo Børs with ticker SEVAN. […]

  • 14 September 2017
    Equipment, Project & Tenders

    Kanfa Ingenium Process, part of the Kanfa group, received an order from Aibel for the nitrogen generator unit for the DEA Dvalin tie-in to Statoil’s Heidrun platform. The scope of work includes the EPC delivery of the nitrogen generator unit, the company said. The order follows from the TEG Regen skid order that Aibel made earlier […]

  • 13 June 2017

    Norway’s Sevan Marine and TechnipFMC have agreed on terms and conditions under which the latter will acquire the remaining the 51 percent in Kanfa.

  • 13 June 2017

    Sevan Marine, a Norwegian designer of offshore oil and gas facilities, has sold its shares in the topside specialist Kanfa to TechnipFMC. Technip, now TechnipFMC, initially acquired a 49 percent stake from Sevan, back in 2014 for an undisclosed amount. Under the agreement Sevan has agreed to sell its remaining 51% shareholding in Kanfa to Technip Norge […]

  • 28 June 2016
    Business & Finance

    Sevan Marine has announced the disposal of its 50% stake in KANFA Aragon to Sembcorp Marine in an effort to reduce complexity and costs.  The stake in KANFA Aragon, a provider engineering solutions and systems for recovery, conditioning, conversion, and transport of natural gas and oil vapors for FPSOs market, was sold for cash consideration of NOK […]

  • 14 September 2017

    Kanfa has received an order from Aibel for the Nitrogen Generator unit for the DEA Dvalin tie-in to Statoil’s Heidrun platform, offshore Norway. KANFA Ingenium Process will be responsible for the EPC delivery of the Nitrogen Generator unit. After first being awarded the TEG Regen skid, this is the 2nd package Aibel has ordered with […]

  • 2 August 2011
    Business & Finance, Equipment

    Costain has been awarded a contract to provide cryogenic expertise on a Front End Engineering Design (FEED) study for FLEX LNG’s fixed floating LNG production project for operations in Papua New Guinea. The FEED contract was awarded to the KANFA Aragon/WorleyParsons joint venture FirstLNG by Samsung Heavy Industries Co. Ltd on 27 May 2011. Costain […]

  • 2 August 2011
    Equipment, Project & Tenders

    Costain has been awarded a contract to provide cryogenic expertise on a Front End Engineering Design (FEED) study for FLEX LNG’s fixed floating LNG production project for operations in Papua New Guinea. The FEED contract was awarded to the KANFA Aragon/WorleyParsons joint venture FirstLNG by Samsung Heavy Industries Co. Ltd on 27 May 2011. Costain […]

  • 2 August 2011
    Business & Finance

    Costain has been awarded a contract to provide cryogenic expertise on a Front End Engineering Design (FEED) study for FLEX LNG’s fixed floating LNG production project for operations in Papua New Guinea. The FEED contract was awarded to the KANFA Aragon/WorleyParsons joint venture FirstLNG by Samsung Heavy Industries Co. Ltd on 27 May 2011. Costain […]

  • 11 November 2015

    Sevan Marine, a company specializing in floating production and drilling units, has posted a net loss for the third quarter of 2015 compared to profitable third quarter of 2014.  Namely, Sevan Marine’s net loss for the third quarter of 2015 was $10 million compared to profit of $1.3 million in the corresponding period last year. […]

  • 16 February 2015
    Business & Finance, Equipment

    Sevan Marine’s subsidiary, KANFA AS, has been awarded a Letter of Award (LOA) for the Engineering, Procurement and Construction (EPC) contract for four process modules for the FPSO Yinson Production. The FPSO Yinson Production will be deployed at the recently sanctioned Offshore Cape Three Points Block (OCTP), located in the Tano Basin, around 60 km […]

  • 4 May 2016
    Business & Finance

    Engineering company Xodus Group has been awarded a framework agreement by Lundin Norway to provide engineering studies and verification services for its developments on the Norwegian Continental Shelf. Xodus stated in a press release on Wednesday that they would provide these services for the next four years with an extension option for an additional two […]

  • 4 May 2016
    Project & Tenders

    Xodus Group has been awarded a framework agreement by Lundin Norway to provide engineering studies and verification services for its developments on the Norwegian Continental Shelf. The agreement is for four years with potential extension for two years, the company informed. Xodus’ scope of work will include concept screening, feasibility studies, concept selection and pre-engineering, […]

  • 23 February 2011

      The diversification of LNG concepts will be explored in depth at the 25th Gastech Conference & Exhibition in Amsterdam, next month. Gastech 2011 will spotlight innovations in LNG production and delivery, reflecting momentous changes the industry has experienced in its evolution over recent years, and how this may affect the future. With the increasing […]

  • 28 February 2013
    Business & Finance

    Norway’s Sevan Marine yesterday reported that its operating revenue from continued operations for fourth quarter 2012 amounted to USD 36.8 million. EBITDA was negative with USD 2.5 million, and due to impairment charge of USD 51 million, operating loss was USD 53.6. Net profit from continued operations was negative with USD 43.2 million. Equity at […]

  • 26 June 2020
    Business developments & projects, Collaboration, Environment, Ports & Logistics, Research & Development, Storage, Technology, Transition

    As the world looks to reach a cleaner future and stop relying on fossil fuels, we will need to replace this with other significant energy sources. Wind, sun and marine renewable energy, such as wave and tidal might help us reach this goal, but we will also have to take into account other building blocks […]

  • 30 May 2011

      FLEX LNG announced that field specific FEED for the FLNG project with InterOil Corporation, Pacific LNG, Liquid Niugini Gas Ltd and Samsung Heavy Industries has started. Samsung Heavy Industries will carry out the FEED work for the hull portion of the FLNG vessel, whilst a WorleyParsons lead JV together with Kanfa Aragon will carry […]

  • 28 August 2013
    Business & Finance, Operations & Maintenance

    During Q2 2013, the final element of the Restructuring process was completed as FPSO Voyageur Spirit was transferred to Teekay. In addition, the hulls #4 and #5 were sold to Logitel Offshore. The Board reports that with this, the final steps have been taken in transforming Sevan Marine from an asset (‘build-own-operate’) company to an […]

  • 14 June 2017
    Business & Finance

    TechnipFMC has been awarded an extension to its ongoing engineering, procurement and construction (EPC) contract from Statoil in the Norwegian sector of the North Sea. TechnipFMC informed on Tuesday that the ongoing EPC project covers the provision of subsea equipment including template structure, manifold and two subsea trees including wellheads and modifications of control systems to the Visund Nord IOR (Improved Oil Recovery) […]