Sevan secures six additional options with COSCO

Sevan Marine ASA has secured options to build six additional Sevan units with China's COSCO shipyard group.

Offshore staff

ARENDAL, Norway -- Sevan Marine ASA has secured options to build six additional Sevan units with China's COSCO shipyard group.

Sevan is currently building the ultra deepwater, dynamically positionedSevan Driller at COSCO's Nantong shipyard and intends to build the two recently contracted deepwater drilling units to be provided to Petrobras SA and ONGC, respectively, at the same shipyard.

06/10/2008

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