TTS to Deliver Subsea Crane for REM Offshore’s OCV (Norway)

TTS Group ASA has through its subsidiary TTS Offshore Handling Equipment AS signed a contract worth approximately 65 MNOK.

The contract is with Kleven Verft AS in Norway and concerns delivery of an active heave compensated subsea crane for an offshore construction vessel for REM Offshore ASA.

The delivery will take place in the second quarter of 2014.

[mappress]

Press Release, February 5, 2013