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.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

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