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Scana ASA ( (DE:1MP) ) has provided an update.
Seasystems AS, a subsidiary of Scana ASA, has secured a substantial contract to deliver an anchoring system for an FPSO project in Brazil’s Campos Basin. This contract, valued between NOK 75 million and NOK 150 million, is significant for Seasystems and will commence immediately, with delivery expected in 2026. The deal enhances Scana’s order reserve, which currently stands at approximately NOK 1.27 billion, and underscores the company’s strong positioning in the offshore industry.
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, focusing on quality and value creation. The company is headquartered in Bergen and employs over 600 people. Seasystems, a subsidiary of Scana, provides robust mooring solutions for floating structures, including project management, engineering, and installation.
YTD Price Performance: -38.12%
Average Trading Volume: 477,442
Current Market Cap: NOK820.3M
For an in-depth examination of 1MP stock, go to TipRanks’ Overview page.