Bergen, 19 February 2025: Scana-owned Seasystems AS has signed a contract for
the delivery of mooring equipment to a FLNG project (Floating Liquefied Natural
Gas). 

The delivery consists of mooring equipment such as chain stoppers, chain
handling systems, and winches. This is a sizeable (1) contract for the company. 

For Seasystems, the project starts immediately and will be delivered in Q4 2025.
Seasystems has worked with the client since early 2023 to develop the mooring
solution. The project has completed the Pre-FEED and FEED phases and is now in
the detail engineering stage, focusing on mooring analysis and Class approval.

Seasystems specializes in mooring solutions and has delivered a significant
number of major mooring systems over the last 10 years. While serving the
traditional oil and gas market, the company has also expanded into emerging
sectors such as LNG, aquaculture, and floating offshore wind.

"Seasystems has worked systematically to develop robust and cost-effective
mooring solutions, and we now see good results from this work," says Torkjell
Lisland, Managing Director at Seasystems.

"Through this award, Seasystems reaffirms its leading position in the mooring
segment", says CEO in Scana, Pål Selvik. "We are very pleased that our unique
advanced technologies and equipment specifications are highly appreciated by key
industry players", he concludes.

(1)	A sizeable contract is defined as between NOK 25 million and NOK 75 million.
(2)	A substantial contract is defined to be between NOK 75 million and NOK 150
million.
(3)	A large contract is defined to be between NOK 150 million and NOK 250
million.
(4)	A very large contract is over NOK 250 million.

For more information, please contact:

Pål Selvik, CEO, Scana ASA, +47 970 45 502

Torkjell Lisland, Managing Director, Seasystems AS, +47 469 18 044


Scana in brief
Scana is an active industrial owner of technology and services to both the
energy and offshore industries. With an industrial history dating back to the
early 1900s, Scana has evolved to become a leader in technology and innovation.
This journey has provided a unique position to shape solutions for tomorrow,
driven by extensive industrial experience combined with quality and value
creation. Scana is headquartered in Bergen and has above 600 employees.
www.scana.no

Seasystems in brief 
Seasystems delivers robust and reliable mooring solutions to floating
structures, including project management, mooring analysis, engineering,
fabrication, and installation. Seasystems is owned by the stock listed company
Scana ASA, an industrial company for leading companies within the ocean
industries. www.seasystems.no