TTS signs contract for offshore cranes worth approx. 65 MNOK


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.

Bergen, 5 February 2013

Contact persons:

Johannes D. Neteland      
President & CEO                
Tel +47 918 46 906

Arild Apelthun                     
CFO                                       
Tel +47 918 19 265

Miao Reinlund                    
VP Communications          
Tel. +47 900 65 883

  
TTS Group ASA
Tel.: +47 55 94 74 00 / Fax: +47 55 94 74 01

 
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
GlobeNewswire