Norway: Scana to Equip Dana Petroleum’s FPSO with Mooring System

Scana Industrier ASA has through its subsidiary Scana Offshore Vestby, entered into an agreement with UK-based Dana Petroleum for delivery of mooring winches for their new floating production, storage and offloading vessel (FPSO) which will be used in the company’s Western Isles Development Project. The total value of the contract is 57 MNOK(approx $ 9.9 Mln).

The contract will involve Scana Steel Stavanger in addition to Scana Offshore Vestby. The project will start immediately.

Dana Petroleum plc is a $4 billion oil and gas business with operations in the UK, Egypt, Norway, The Netherlands and Africa. Dana Petroleum holds a total of 20 operated and 35 non-operated licenses acquired through successful licensing rounds, acquisitions and asset farm-ins.

The Western Isles Project (Dana 77% and Cieco 23%) will develop two discovered oil fields called Harris and Barra in the Northern North Sea, 160km east of the Shetlands and 12km west of the Tern field.

The FPSO will be based on Sevan Marine technology and built at COSCO Qidong Shipyard in China.

Scana Offshore Vestby has previously delivered mooring winches for three Sevan Marine designed FPSOs. The mooring winches have been developed in close co-operation with the customer and Sevan Marine.

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Press Release, March 13, 2013