Bergen, 1. June 2022: Scana-owned PSW Technology has signed an important agreement with an unnamed rig company for the delivery of marine risers to operations in West Africa.
This is a sizeable (1) contract for the company. The agreement involves rental of a complete riser package for a period of up to 12 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.
“The agreement demonstrates PSW's unique expertise and services related to well control and drilling equipment for the rig market. PSW has been a supplier to this customer since the rig came into operation in Norway, and we are proud and happy to be chosen in this project as well,” says Oddbjørn Haukøy, Chief Commercial Officer in 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,” Haukøy elaborates.
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.
(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 in brief
PSW is a supplier of products, systems and services to energy companies and the maritime industry. The group's multidisciplinary expertise, state-of-the-art facilities and strategic partnerships enable us to meet industry requirements and customer challenges with safe, dependable, and cost-effective solutions. 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