Scana's Seasystems Signs LoI For FSRU Mooring System

Scana ASA SCANA:

• SCANA COMPANY WITH LOI FOR FSRU MOORING SYSTEM

• AWARDED A LETTER OF INTENT (LOI) FOR DELIVERY OF A MOORING SYSTEM TO A FLOATING LNG TERMINAL IN GERMANY

• PROJECT HAS BEEN IN AN ENGINEERING PHASE FOR PAST SIX MONTHS

• EQUIPMENT WILL BE DELIVERED IN Q3 OF 2023

• SCANA-OWNED SEASYSTEMS HAS BEEN AWARDED A LETTER OF INTENT

• FOR SEASYSTEMS, THIS IS SUBSTANTIAL CONTRACT: SUBSTANTIAL CONTRACT IS OVER NOK 50 MILLION