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Home›Business & Finance›Multimillion-dollar FLNG mooring deal ends up in Scana’s workbook
Business & Finance

February 19, 2025 · about 1 year ago

Multimillion-dollar FLNG mooring deal ends up in Scana’s workbook

Norway-based Seasystems, a Scana-owned mooring solutions business for floating structures, has received a new order to deliver mooring equipment for a floating liquefied natural gas (FLNG) project to an undisclosed company.

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Illustration; Source: Scana-owned Seasystems

Norway-based Seasystems, a Scana-owned mooring solutions business for floating structures, has received a new order from an undisclosed company to deliver mooring equipment for a floating liquefied natural gas (FLNG) project.

The Scana-owned player describes the FLNG mooring equipment order, encompassing chain stoppers, chain handling systems, and winches, as a sizeable contract between NOK 25 million (around $2.24 million) and NOK 75 million (about $6.73 million).

Seasystems will start work on the project immediately to deliver its scope in Q4 2025. While the Norwegian firm did not reveal the name of its client, it claims to have worked with the same company to develop the mooring solution since early 2023.

Pål Selvik , Scana’s CEO, remarked: “Through this award, Seasystems reaffirms its leading position in the mooring segment. We are very pleased that our unique advanced technologies and equipment specifications are highly appreciated by key industry players.”

With the preliminary front end engineering and design (pre-FEED) and FEED phases out of the way, the project is now in the detail engineering stage, focusing on mooring analysis and class approval. While serving the traditional oil and gas market, Seasystems expanded into emerging sectors such as LNG, aquaculture, and floating offshore wind.

Torkjell Lisland , Managing Director at Seasystems, commented: “Seasystems has worked systematically to develop robust and cost-effective mooring solutions, and we now see good results from this work.”

Another Scana-owned firm, Subseatec, recently got hold of a three-year frame agreement to supply steel parts for subsea production systems.

The deal came after Scana-owned PSW Technology secured more work with an unnamed rig player.

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