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Scana ASA ( (DE:1MP) ) has provided an update.
Scana-owned Seasystems AS has secured a substantial contract to deliver a mooring system for an FPSO project in Brazil’s Campos Basin, with delivery expected in 2026. This contract, valued between NOK 75 million and NOK 150 million, enhances Scana’s order backlog to approximately NOK 1.27 billion, highlighting its strong market positioning and potential positive impact on stakeholders.
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 become a leader in technology and innovation, providing solutions driven by extensive industrial experience. The company is headquartered in Bergen and employs over 600 people.
YTD Price Performance: -38.12%
Average Trading Volume: 477,442
Current Market Cap: NOK820.3M
See more insights into 1MP stock on TipRanks’ Stock Analysis page.