Subsea 7 S.A. has recently announced the acquisition of a leading polymer lining technologist in the subsea industry, Swagelining Limited. This acquisition will further expand Subsea 7鈥檚 existing polymer pipeline technology interests.
Subsea 7 and Swagelining Limited have co-operated as a successful partnership, designing and installing in excess of 150 km of reeled and bundled polyethylene (PE) lined water injection flowlines in the North Sea. This has been done for a number of operators and developments.
Thomas Sunde, Subsea 7鈥檚 Vice President of Technology, commented: 鈥淏uilding 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.鈥�
He added: 鈥淭he acquisition of Swagelining Limited will enable Subsea 7 to enhance its flowline and riser technology portfolios, and supports Subsea 7鈥檚 commitment to develop and apply technologies that reduce cost, enhance production and extend field life.鈥�
Adapted from press release by