Scana ASA ( (DE:1MP) ) just unveiled an update.
Scana ASA’s subsidiary, PSW Technology, has secured a significant contract with Equinor, as Equinor exercised the first of two three-year options under their frame agreement. This contract, valued at up to NOK 150 million annually, underscores PSW Technology’s role as a reliable supplier in the industry, providing automation, electrical services, mechanical maintenance, and welding at the Mongstad refinery. The agreement highlights Scana’s commitment to operational excellence and strengthens its industry position, promising continued collaboration with Equinor.
More about Scana ASA
Scana ASA is an industrial owner specializing in technology and services for the energy and offshore industries. With a history dating back to the early 1900s, Scana has established itself as a leader in technology and innovation, leveraging its extensive industrial experience to create quality and value-driven solutions. Headquartered in Bergen, Scana employs over 600 people.
YTD Price Performance: -6.52%
Average Trading Volume: 1,278
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €89.37M
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