Incus subsidiary awarded contracts for riser system material supply
Contracts awarded for riser system material supply
INCUS INVESTOR ASA has been awarded contracts to deliver machined and welded riser forgings through its subsidiary Scana Subsea AB. The high tensile forgings are intended for the Gulf of Mexico.
The total value is approx. 25 MSEK. The scope includes forging and machining of riser joints in low alloyed steel. The contracts are a recognition of Scana Steel’s capability in ultralong forgings in high tensile material grades for risers in deep water field developments.
Manufacturing is planned to start immediately, and deliveries will commence from 2nd quarter 2019 to 1st quarter 2020. The contracts will also involve our subsidiary Scana Steel Björneborg AB in addition to Scana Subsea AB fronting the contract.
For additional information, please contact:
- Kjetil Flesjå, CFO in Incus Investor ASA, tel. +47 900 41213
- Leif Rosén, Chairman, Scana Steel AB, tel. + 46 70 3304186
- Peter Jansson, Managing Director, Scana Subsea AB, tel. +46 550 25392