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.
