KANFA, Sevan Marine's unit bags $50M EPC Deal for FPSO Yinson Production

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Sevan Marine ASA reported that its 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 contract is expected to have a duration of 15 months with a contract value of approximately $50 million. The FPSO Yinson Production will be deployed at the recently sanctioned Offshore Cape Three Points Block (OCTP), located in the Tano Basin, around 37 miles (60 kilometers...

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