Scana Subsea Wins Riser Material Contract

Press Release
Wednesday, December 19, 2012

Scana Industrier ASA - Scana Subsea awarded riser material contract for North Sea and Australia operations.

Scana Industrier ASA has through its subsidiary Scana Subsea, been awarded a contract to deliver machined riser forgings to a non-disclosed customer. The riser systems are intended for North Sea and Australia operations.

The initial contract value is 27 MSEK. However, the contract contains additional optional work as machining, welding, assembly and testing, which may bring the total contract value higher.
 
The projects are planned to start immediately and deliveries will commence from 3rd quarter 2013. The contract will also involve Scana Steel Björneborg, Scana Steel Söderfors and Scana Machining, in addition to Scana Subsea who front the contract.

Scana Subsea’s main products are forged, rotating symmetrical, long and thin components with a high technical content. These are delivered to riser and tendon systems within the oil and gas industry. Material engineering and metallurgical skills are also a part of the company´s deliveries.

(Risers are conduits to transfer materials from the seafloor to production and drilling facilities atop the water's surface, as well as from the facility to the seafloor).
 

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