Bergen, 27 February 2023: PSW Technology has signed an agreement with Deep Value Driller for deep-water BOP stack services.

The agreement involves services for classification and testing of two deep-water BOP stacks. Work starts first quarter of 2023 and benefits from the company’s state of the art facilities at Mongstad. This is a sizable (1) contract for the company.

PSW has in the beginning of 2023 been awarded several assignments for upcoming drilling projects worldwide. This confirms our expertise and position for services related to well control and drilling equipment for the rig market. The past 15 years PSW has collaborated with international drilling contractors on the maintenance of subsea and drilling equipment.

“In the mobilization of our state-of-the-art drill ship, one of the most critical tasks is the re certification of our well control equipment. We chose PSW based upon their competence and experience to make sure we deliver according to the timeline and quality requirements set for our project,” says Svend Anton Maier, CEO in Deep Value Driller.

– We appreciate Deep Value Driller giving us this chance . PSW will deliver service and upgrades that will contribute to efficient operation of the drillship, says Oddbjørn Haukøy, interim CEO of Scana.

(1) A sizeable contract is defined to be between NOK 10 million and NOK 50 million.
(2) A substantial contract is over NOK 50 million.

For more information, please contact:

Oddbjørn Haukøy, interim CEO, Scana ASA, +47 911 71 914
Geir Knapskog, interim Managing Director, PSW Technology AS, +47 970 97 482