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.
Source: TTS Group, March 12, 2012