Scana; Offloading Systems breakthrough in Brazil

Scana Industrier ASA has through it's subsidary Scana Offshore Vestby AS, been
awarded a LOI ("Letter of Intent") to deliver 16 offloading systems to Brazil.
The LOI is issued by the Brazilian company Engevix Construcões Oceânicas S.A,
and covers eight Floating Production Storage and Offloading vessels (FPSOs)
under construction.

The contract value is approximately 350 MNOK (EUR 45 mill).

-The award is a strong recognition of Scana's capabilities and gives Scana a
very strong foothold in Brazil. Also, it shows the great potential for Scana
deliveries to the improving FPSO market, says CEO in Scana Industrier ASA, Mr.
Rolf Roverud.

Manufacturing is planned to start 2(nd) quarter 2011 and deliveries commence
from 1(st)quarter 2012 and continue into 2014. Project management will be in
Norway and Brazil, while manufacturing and assembly are planned to take place in
Europe and Brazil.

-The next steps are to settle the final contract with Engevix, to establish the
project organization and to settle the sub-contracts, Roverud says. -For Scana
it is important and of special interest to utilize the local Brazilian market
for deliveries to these off-loading systems as this also will be of great value
for our further business in Brazil, Roverud continues.

Scana Industrier ASA is a Nordic industrial group providing products and system
solutions to three market segments: Marine, Energy and Steel & Machinery. Scana
also provides service and laboratory services, in addition to maintenance and
repairs for customers in the marine market and oil & gas.

Scana's technology, unique expertise in engineering materials and extensive
production experience form the basis of our competitive power. Our aim is to be
the preferred supplier for leading companies within our market segments. The
majority of Scana's customers are in Europe, the USA and South East Asia.

Scana Industrier ASA has companies in Norway, Sweden, China, USA, Poland,
Singapore, Brazil and South Korea. The head office is in Stavanger, Norway.


For additional information, please contact:

  * Rolf Roverud, CEO in Scana Industrier ASA, tel. +47 911 67 581
  * Jan Henry Melhus, Senior Vice President, Scana Industrier ASA, tel.
+47  901 67 010
* Christian Rugland, CFO in Scana Industrier ASA tel. +47 952 952 55



This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)


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