Sevan Marine ASA is a Norway-based engineering company active within the oil and gas industry. The Company is primarily engaged in the design, engineering, construction, ownership and operation of floating units for the offshore oil and gas production, storage and offloading. It has developed a cylinder shaped platform type, suitable for applications in various offshore environments. The Company's business is divided into three segments: Floating Production, Drilling, as well as Topside and Process Technology. It operates through its wholly owned subsidiaries, including Kanfa AS, Sevan Invest AS, Sevan Services AS and Sevan Drilling Rig AS, among others, located in Norway, Brazil, Singapore and the United Kingdom.