Subsea 7 Acquires Swagelining Limited

Subsea 7 S.A. has acquired Swagelining Limited in an effort to further expand its existing polymer pipeline technology interests. 

Both companies have cooperated together in the past, designing and installing in excess of 93 miles of reeled and bundled polyethylene lined water injection flowlines in the North Sea, for a number of operators and developments. 

“Building 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,” said Thomas Sunde, Subsea 7 vice president of technology.    

“The acquisition of Swagelining Limited will enable Subsea 7 to enhance its flowline and riser technology portfolios, and supports Subsea 7’s commitment to develop and apply technologies that reduce cost, enhance production and extend field life,” he added.



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Polarcus Bags Broadband 3D Marine Seis... (Sep 23)
 -  PETRONAS Signs Contract with Schlumber... (Sep 23)
 -  Valmec Clinches Supply, Construction C... (Sep 23)
 -  Tullow Oil Confirms Turret Bearing Cov... (Sep 23)
 -  Sound Renegotiates Sidi Moktar Acquisi... (Sep 23)


Most Popular Articles

From the Career Center
Jobs that may interest you
Principal - Oil & Gas
Expertise: Executive
Location: Houston, TX
 
VP Sales - Oil & Gas - Automation, Electrical Distribution
Expertise: Business Development
Location: Houston, TX
 
Technical Director
Expertise: Executive
Location: Houston, TX
 
search for more jobs

Brent Crude Oil : $45.89/BBL 3.69%
Light Crude Oil : $44.48/BBL 3.97%
Natural Gas : $2.96/MMBtu 1.00%
Updated in last 24 hours