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Home›Business & Finance›Scana company secures contract to deliver FPSO mooring equipment
Business & Finance

April 5, 2024 · about 2 years ago

Scana company secures contract to deliver FPSO mooring equipment

Scana-owned Seasystems has won a contract worth between NOK 20 and 50 million (between $4.5 and $13.9 million) for the delivery of a turret structural connector system for floating production storage and offloading (FPSO) in the Gulf of Mexico.

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Scana subsidiary wins mooring contract for Brazilian FPSO

Scana-owned Seasystems has won a contract worth between NOK 20 and 50 million (between $4.5 and $13.9 million) for the delivery of a turret structural connector system for floating production storage and offloading (FPSO) in the Gulf of Mexico.

Seasystems is tasked with providing a set of structural turret connectors featuring quick disconnect capabilities. The contract encompasses design, analysis, hardware provision, and third-party approval.

The company said it was providing the equipment to a “leading FPSO company” through a “substantial contract ”.

“The agreement shows the recognition of our expertise in mooring solutions and the strong position we have in the market,” said Pål Selvik , CEO of Scana ASA.

The project is said to commence immediately, with equipment delivery scheduled for Q3 2025.

“This is an important contract for a leading FPSO company where Seasystems is given the responsibility to supply critical equipment,” said Torkjell Lisland , Managing Director of Seasystems.

In April 2023, three firms owned by Scana secured new contracts with a total value of approximately NOK 100 million that will be delivered next year.

Seasystems won a contract for the delivery of an anchoring system to an FSO project outside West Africa valued at close to NOK 50 million.

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