Bergen, 1. September 2022: Scana-owned PSW Technology has signed an important
agreement with Odfjell Drilling for the delivery of marine risers to operations
in West Africa.
The agreement involves rental of a complete riser package for a period of
minimum 18 months. The risers will be used in its upcoming operations in West
Africa. PSW's work starts immediately and includes the company's core services
of logistics, recertification, preparation, and maintenance of the equipment
after use. Equipment and services will be delivered from PSW's modern facilities
at Mongstad. This is a sizeable (1) contract for the company.
"The agreement demonstrates PSW's unique expertise and services related to well
control and drilling equipment for the rig market. PSW has collaborated with
Odfjell Drilling since 2010 on the maintenance of subsea and drilling equipment.
With this delivery of risers for operations, we are expanding our delivery
portfolio to Odfjell Drilling. PSW is grateful for the trust, being the chosen
supplier for this important project," says Oddbjørn Haukøy, commercial director
at Scana ASA
"We see that the rig market is constantly improving nationally and
internationally, and PSW Technology is well positioned to handle the growth that
is now coming. It is a great recognition that Odfjell Drilling has awarded this
contract to PSW Technology," states Scana's CEO, Styrk Bekkenes.
"Odfjell Drilling being a leading company in harsh operations it is important to
have all equipment available at the right time with the correct maintenance. The
award of this contract and the continued good cooperation with PSW Group is an
important part for our rigs to operate with the quality expected from our
customers" says Lars Morten Tveit, SVP Operations in Odfjell Drilling.
(1) A sizeable contract for Scana is defined to be between NOK 10 million and
NOK 50 million. A substantial contract is over NOK 50 million.
PSW Technology in brief
PSW Technology is currently a major player in recertification of risers and
well-control equipment in Norway. The company is located at Mongstad, with
approx. 150,000 square meters of facilities for efficient and safe inspections,
maintenance, and modifications of subsea and drilling equipment for national and
international energy companies.
psw.no
Scana in brief
Scana is a listed industrial owner company in the ocean industries creating
value through active ownership in market-leading portfolio companies. Our vision
is to accelerate decarbonisation of the maritime and offshore sector by being a
driving force in electrification and emission reduction solutions. Scana's
portfolio companies have a solid innovation and commercialisation history based
on core competence in selected niches. Scana is headquartered in Bergen and has
around 350 employees.
www.scana.no
For more information, please contact:
Styrk Bekkenes
CEO, Scana ASA
T: +47 404 03 520
Oddbjørn Haukøy
CCO, Scana ASA
T: +47 911 71 914