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Pörssitiedote

Scana ASA: Scana company secures contract for offshore project

Scana
Bergen,14 July 2025: Scana-owned PSW Power & Automation AS has secured a
contract for the design, manufacture, and assembly of six E-House modules for an
offshore project in Gulf of America.

The E-House modules will be used on three separate offshore installations in the
US. Delivery includes the design of a frequency converter system and a medium
voltage distribution system, all preassembled in E-house modules suitable for
hazardous areas offshore.

This is a sizeable (1) contract for the company. The project will start
immediately with delivery Q2-2026.

(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.

As of today, Scana's order backlog stands at approximately NOK 1,24 billion.

For more information, please contact:

Baste Tveito, CEO, Scana ASA, +47 916 69 641


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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