Subsea 7 acquires Swagelining

Published

Subsea SURF contractor Subsea 7 has acquired polymer lining technology firm Swagelining.

The two firms have already cooperated together, designing and installing in excess of 150km of reeled and bundled polyethylene (PE) lined water injection flowlines in the North Sea, for a number of operators and developments, says Subsea 7.

Swagelining employs about 50 people and occupies leased space at North Clydesdale Industrial Park, Glasgow.

Thomas Sunde, Subsea 7 VP Technology, said: “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.

“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.”

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