Scana ASA - Scana owned Skarpenord AS and Xtronica AS launch new joint venture in Singapore

31 Dec 2024 15:31 CET

Bergen, 31 December 2024: Skarpenord AS, a leading provider of valve remote
control systems, and Xtronica AS, a pioneer in advanced automation and
instrumentation solutions, are pleased to announce the formation of a new joint
venture in Singapore. This strategic partnership aims to leverage the strengths
of both companies to expand their product offerings and deliver innovative and
integrated solutions to the maritime and offshore industries.

The joint venture, named Skarpenord Xtronica Pte Ltd, will combine Skarpenord’s
expertise in valve control systems with Xtronica’s cutting-edge automation and
instrumentation technologies. The new entity will focus on developing advanced
control and monitoring systems that enhance operational efficiency, safety, and
reliability for clients worldwide. With a base in Singapore, the joint venture
will serve clients across the Asia-Pacific region and beyond, ensuring timely
support and service.

“We are excited to partner with Xtronica to bring our combined expertise to the
market,” said Trond Bø, Managing Director of Skarpenord. “This joint venture
represents a significant step forward in our commitment to innovation and
customer satisfaction.”

Jian Xu, Managing Director of Xtronica, added, “By joining forces with
Skarpenord, we are prepared to deliver unparalleled value to our clients. Our
shared vision and complementary strengths will drive the development of
next-generation solutions.”


For more information, please contact:

Pål Selvik, CEO, Scana ASA, +47 970 46 502

Trond Bø, Managing Director, Skarpenord AS, +47 951 00 491


About Skarpenord: Skarpenord is a leading provider of valve remote control
systems, known for its high-quality products and innovative solutions. With a
strong presence in the maritime and offshore industries, Skarpenord is committed
to delivering excellence and reliability. www.skarpenord.no


About Scana: 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

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