Bergen, 8 September 2023: Scana-owned Subseatec S AB has signed a sizeable (1)
contract within subsea development with international energy company to deliver
steel stress joints to the US Gulf of Mexico (GoM). This contract demonstrates
Subseatec standing as one of the most experienced specialists in riser
applications within the global oil and gas industry.
Subseatec' s scope is a total delivery of steel stress joints in low alloyed
steel, including engineering and procurement. These are stress joints for steel
catenary riser made in high tensile strength steel for an offshore deep-water
development.
Manufacturing is planned to start immediately, and the deliveries will commence
during 2024.
"The contract is an appreciation of our continuous development within the field
of long steel riser parts in high-tensile material grades," says Peter Jansson,
Managing Director in Subseatec S AB.
"This order signifies a strong recognition of Subseatec' s competitiveness,
technical expertise, and the company's ability to manage complex deliveries
within subsea development," says Pål Selvik, CEO, Scana ASA
(1) A sizeable contract is defined to be between NOK 20 million and NOK 50
million.
(2) A substantial contract is between NOK 50 million and NOK 150 million.
(3) A large contract is over NOK 150 million.
For more information, please contact:
Pål Selvik, CEO, Scana ASA, +47 970 46 502
Peter Jansson, Managing Director Subseatec S AB, +46 550 25392
Subseatec in brief
Subseatec S AB is one of the most experienced specialist companies in the world
on steel riser applications for the oil and gas industry. www.subseatec.se
Scana in brief
Scana in brief Scana is a listed industrial owner company in the ocean
industries creating value through active ownership in market-leading portfolio
companies. Scana is headquartered in Bergen and has around 400 employees.
www.scana.no