Norway: Scana Bags International Subsea Contracts Worth $8.6 Million

Scana Industrier ASA has been awarded two projects to deliver machined tendom forgings through its subsidiary Scana Subsea AB. The high tensile long forgings are intended for Gulf of Mexico and Brazil as part of field  development projects.

Value of contracts are approx 8,6 M USD.

-The contracts are strong recognition of Scana´s continued work in material qualification and capability investment in ultra long forgings in high tensile material grades. The project awards show the potential for Scana deliveries in the ultra-deep developments, Scana CEO Rolf Roverud says. Manufacturing is planned to start immediately and deliveries will commence from 2(nd) quarter 2011 and continue into 2012. The contract will in great extent also involve our subsidiary Scana Steel Björneborg. 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. The group has companies in Norway, Sweden, China, USA, Poland, Singapore, Brazil and South Korea, as well as associated companies in a number of countries. At the beginning of 2010, Scana has more than 1,600 employees. The head office is in Stavanger, Norway.

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Source: Scana  , November 24, 2010;