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Scana Secures Major Contract for Offshore Project in Brazil

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Scana Secures Major Contract for Offshore Project in Brazil

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An announcement from Scana ASA ( (DE:1MP) ) is now available.

Scana-owned PSW Power & Automation AS has secured a substantial contract to design, manufacture, and assemble two E-House modules for an offshore project in Brazil. This project, which will commence immediately with delivery expected in Q3 2026, highlights Scana’s multidisciplinary expertise and strategic capabilities, contributing to its significant order backlog of approximately NOK 1.32 billion.

More about Scana ASA

Scana ASA is a prominent industrial owner specializing in technology and services for the energy and offshore sectors. With a rich industrial history since the early 1900s, Scana has established itself as a leader in technology and innovation, offering solutions driven by extensive experience and a commitment to quality and value creation. Headquartered in Bergen, Scana employs over 600 people.

Average Trading Volume: 739,434

Current Market Cap: NOK690.1M

See more data about 1MP stock on TipRanks’ Stock Analysis page.

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