Norway: TTS Energy to Deliver Subsea Crane to Kleven Verft

Through its subsidiary TTS Energy AS, TTS Group ASA’s Energy division has signed a contract worth approximately NOK 65 million.

The contract is with Kleven Verft AS in Norway and concerns delivery of a subsea crane.

The delivery will take place in May 2013.

The contract includes an option of two identical cranes with respective delivery 2.5 and 5 months after the first delivery.

Subsea World News Staff , March 12, 2012;  Image: TTS