TTS Group has received an order from Kleven Verft for delivery of an active heave compensated subsea crane .
Under the agreement, TTS Offshore Handling Equipment AS, a Bergen-based subsidiary of TTS Group, will deliver the crane which will subsequently be installed on an offshore construction vessel owned by REM Offshore.
The crane is expected to be delivered in December 2013. The value of the order is estimated at approximately USD 7 million.
[mappress] Offshore Energy Today Staff, November 13, 2012