Norway: TTS Energy to Deliver Subsea Crane to DeepOcean

Business & Finance

Through its subsidiary TTS Energy AS, TTS Group ASA’s Energy Division, business area Offshore Handling, has signed a contract worth close to NOK 20 million.

The contract is with DeepOcean AS, and concerns delivery of the last subsea crane which the company has on stock.

The delivery will take place in August 2012.

TTS Energy (formely know as TTS Sense and TTS Energy Bergen) delivers high performance drilling equipment, multifunctional rigs, offshore cranes, offshore winches and world class control systems to the international energy industry. Competence, drive and experience make it a strong partner, providing unique solutions and advanced technologies.

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Subsea World News Staff , May 15, 2012;  Image: TTS