Scana-owned Subseatec has signed a "sizeable" contract with an unnamed international energy company to deliver steel stress joints for a subsea development in the US Gulf of Mexico (GoM).
Subseatec’s scope is a total delivery of steel stress joints in low-alloy steel, including engineering and procurement. These are stress joints for steel catenary risers made in high-strength steel for offshore deepwater development.
Manufacturing is planned to start immediately, and deliveries will start in 2024.
For Scana, a sizeable contract is defined as being worth between NOK 20 million (currently ~1,8 million) and NOK 50 million (currently ~4,57 million).