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Subsea 7 acquires polymer lining company

 

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World º£½Ç³Ô¹ÏÍø,

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 7º£½Ç³Ô¹ÏÍø™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 7º£½Ç³Ô¹ÏÍø™s Vice President of Technology, commented: º£½Ç³Ô¹ÏÍøœBuilding 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.º£½Ç³Ô¹ÏÍø

He added: º£½Ç³Ô¹ÏÍøœThe acquisition of Swagelining Limited will enable Subsea 7 to enhance its flowline and riser technology portfolios, and supports Subsea 7º£½Ç³Ô¹ÏÍø™s commitment to develop and apply technologies that reduce cost, enhance production and extend field life.º£½Ç³Ô¹ÏÍø


Adapted from press release by

 

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