Sevan Marine is pleased to announce that it has been awarded a study to evaluate its cylindrical hull design for application on the Wisting field development.

The study is awarded by OMV Norge AS who is screening various floating alternatives for developing the Wisting discovery. The study completion is by year end 2016.

The Wisting discovery is located 310 kilometers from shore in the northern part of the Barents Sea at the Norwegian Continental Shelf. OMV Norge is the operator of Wisting (PL 537) with 25% share.