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Subsea 7 acquires Swagelining

Subsea 7 acquires Swagelining
Norwegian offshore service provider Subsea 7 has further expanded its existing polymer pipeline technology interests with the acquisition of Swagelining, a polymer lining technology company in the subsea industry.

  Subsea 7 and Swagelining have previously worked together a number of offshore projects in the North Sea.

  “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,” commented Thomas Sunde, vice precident technology, Subsea 7

  “The acquisition of Swagelining 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.

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