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.

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.

TTS, March 26, 2014

 

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