Sevan Marine subsidiary KANFA has been awarded a letter of award for the engineering, procurement and construction (EPC) of four process modules for the FPSO Yinson Production.
The contract is expected to last 15 months and be worth about US$50 million. The FPSO Yinson Production will be deployed at the recently sanctioned Offshore Cape Three Points Block (OCTP), in the Tano Basin, about 60km offshore Ghana.
The OCTP Block is operated by ENI's subsidiary ENI Ghana and the joint venture partners; Vitol Upstream Ghana Limited and Ghanaian state-owned Ghana National Petroleum Company.
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