TTS Group Secures Subsea Crane Order

TTS Group ASA has, through its subsidiary TTS Offshore Handling Equipment AS in Bergen has won a contract for delivery of a subsea crane.

TTS Group Secures Subsea Crane Order

Value of the contract is approximately $5.9 million. The contract is with a European customer, and concerns delivery of an active heave compensated subsea crane.

The delivery will take place in the second quarter of 2015.

[mappress]

TTS, March 26, 2014