Sevan‘s FPSO (Floating Production Storage and Offloading) vessel will be working under a 2-1/2 plus two-year charter contract.

The FPSO has an oil storage capacity of 300,000 barrels and is equipped with an oil processing capacity of 30,000 barrels per day and a water injection capacity of 20,000 barrels per day, Sevan said in a statement. (Reuters)