Sevan Voyageur to continue work on Shelley field

Sevan Marine and Premier Oil, through their respective wholly owned subsidiaries, have entered into a firm contract for the continued provision and operation of the FPSO Sevan Voyageur on the Shelley field in the central UK North Sea.

Offshore staff

ARENDAL, Norway -- Sevan Marine and Premier Oil, through their respective wholly owned subsidiaries, have entered into a firm contract for the continued provision and operation of the FPSO Sevan Voyageur on the Shelley field in the central UK North Sea. The contract confirms a Memorandum of Understanding previously entered into between the parties.

The FPSOSevan Voyageur is already moored and hook-up of the field subsea facilities is expected to take place mid-year to enable production start up.

05/22/2009

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