Bergen 4 April 2024: Scana-owned Seasystems has been awarded a contract for the
delivery of a turret structural connector system for a FPSO in the Gulf of
Mexico to a leading FPSO company. This is a substantial contract (2) for the
company.

Seasystems' scope consists of a set of structural turret connectors with quick
disconnect properties. The contract includes design, analysis, hardware supply
and third-party approval. 

The project will start immediately, and the delivery of the equipment will take
place Q3 2025.

"This is an important contract for a leading FPSO company where Seasystems is
given the responsibility to supply critical equipment," says Torkjell Lisland,
Managing Director in Seasystems

"The agreement shows the recognition of our expertise in mooring solutions and
the strong position we have in the market," says Pål Selvik, CEO in Scana ASA.


(1) A sizeable contract is defined to be between NOK 20 million and NOK 50
million. 
(2) A substantial contract is between NOK 50 million and NOK 150 million. 
(3) A large contract is over NOK 150 million.


For more information, please contact:
Pål Selvik, CEO, Scana ASA, +47 970 46 502
Torkjell Lisland, Managing Director, Seasystems AS, +47 46 91 80 44


Seasystems in brief 
Seasystems delivers robust and reliable mooring solutions to floating
structures, including project management, engineering, fabrication, and
installation. Seasystems is owned by the stock listed company Scana ASA, an
industrial company for leading companies within the ocean industries. The
company is located at Vestby, about 40 kilometer south of Oslo City.
www.seasystems.no

Scana in brief
Scana in brief Scana is a listed industrial owner company in the ocean
industries creating value through active ownership in market-leading portfolio
companies. Scana is headquartered in Bergen and has around 500 employees.
www.scana.no