Subsea 7 acquires polymer lining specialist Swagelining Limited

8/10/2016

LUXEMBOURG -- Subsea 7 has announced the acquisition of Swagelining Limited, a leading polymer lining technologist, to further expand existing polymer pipeline technology interests.

Subsea 7 and Swagelining Limited have cooperated together 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, for a number of operators and developments.

“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,” Thomas Sunde, V.P. of technology, Subsea 7, said. “The acquisition of Swagelining Limited 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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