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Pörssitiedote

Scana ASA: Scana company secures contract for offshore E-House module

Scana
Bergen, 4 April 2025: Scana-owned PSW Power & Automation AS has secured a
contract to design, manufacture, and assemble an E-House module for an offshore
project in the Gulf of Mexico. The E-House module will serve as an offshore
power distribution for a subsea installation.

Field developments and modification projects increasingly demand pre-assembled
solutions that are designed and tested prior to the offshore installation. This
approach enhances project planning reliability while also saving time and
reducing cost.

"This contract replicates an ongoing project, and the utilization of our already
prepared engineering baseline will enable efficient project execution. We are
very pleased to be trusted by our customer to deliver this project extension,"
says Eirik Sørensen, Managing Director of PSW Power & Automation.

This is a sizeable (1) contract for the company. The project will start
immediately with delivery Q1 2026.

(1) A sizeable contract is defined to be between NOK 25 million and NOK 75
million.
(2) A substantial contract is between NOK 75 million and NOK 150 million.
(3) A large contract is between NOK 150 million and NOK 250 million.
(4) A Very large contract is over NOK 250 million.


For more information, please contact:

Pål Selvik, CEO, Scana ASA, +47 970 46 502

Eirik Sørensen, Managing Director, PSW Power & Automation AS, +47 936 78 233


Scana in brief
Scana is an active industrial owner of technology and services to both the
energy and offshore industries. With an industrial history dating back to the
early 1900s, Scana has evolved to become a leader in technology and innovation.
This journey has provided a unique position to shape solutions for tomorrow,
driven by extensive industrial experience combined with quality and value
creation. Scana is headquartered in Bergen and has above 600 employees.
www.scana.no

PSW Power & Automation in brief
PSW Power & Automation delivers complete solutions within electrification and
renewable energy. The company specializes in the design and integration of
electrical power systems, electrical infrastructure, energy storage systems and
control systems. www.pswpower.no
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