Scana company has completed LOI for mooring to FSRU

25 Apr 2023 12:54 CEST

Bergen 25 April: With reference to the stock exchange notice
(https://newsweb.oslobors.no/message/580938) of January 30th 2023, the letter of
intent (LOI) awarded to Seasystems related to the mooring system to a floating
LNG terminal in Germany, has been completed. The deliveries under the LOI
represents a contract value in the range NOK 50-70 million.

A potential contract award is pending final investment decision on the project.

For more information, please contact:
Oddbjørn Haukøy, CEO, Scana ASA, +47 911 71 914
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.

Scana in brief
Scana is a listed industrial owner company in the ocean industries creating
value through active ownership in market-leading portfolio companies. Our vision
is to accelerate decarbonisation of the maritime and offshore sector by being a
driving force in electrification and emission reduction solutions. Scana’s
portfolio companies have a solid innovation and commercialisation history based
on core competence in selected niches. Scana is headquartered in Bergen and has
around 350 employees.

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