Norway: TTS Energy to Deliver Subsea Crane to Kleven Verft

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