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Subsea 7 acquires polymer lining company

 

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World Âé¶¹´«Ã½Ó³»­,

Subsea 7 S.A. has recently announced the acquisition of a leading polymer lining technologist in the subsea industry, Swagelining Limited. This acquisition will further expand Subsea 7Âé¶¹´«Ã½Ó³»­™s existing polymer pipeline technology interests.

Subsea 7 and Swagelining Limited have co-operated as a successful partnership, designing and installing in excess of 150 km of reeled and bundled polyethylene (PE) lined water injection flowlines in the North Sea. This has been done for a number of operators and developments.

Thomas Sunde, Subsea 7Âé¶¹´«Ã½Ó³»­™s Vice President of Technology, commented: Âé¶¹´«Ã½Ó³»­œBuilding upon a long-term strategic objective to provide more cost-effective solutions, Subsea 7 and Swagelining have a shared vision of the potential that polymer lining could have in future subsea engineering and construction projects, with a focus on extending the application of polymer lined flowlines.Âé¶¹´«Ã½Ó³»­

He added: Âé¶¹´«Ã½Ó³»­œThe acquisition of Swagelining Limited will enable Subsea 7 to enhance its flowline and riser technology portfolios, and supports Subsea 7Âé¶¹´«Ã½Ó³»­™s commitment to develop and apply technologies that reduce cost, enhance production and extend field life.Âé¶¹´«Ã½Ó³»­


Adapted from press release by

 

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