Norway’s Ulmatec wins Chinese order

Norwegian player Ulmatec Handling has secured a Nkr55 million ($9.2 million) deal to deliver ROV-handling systems for a pair of subsea vessels on order for China Oilfield Services Ltd (COSL).ulmatec

The company will supply launch-and-recovery systems for remote-operated vehicles for the Skipsteknisk ST259-design vessels being built in China for the subsidiary of state-owned giant China National Offshore Oil Corporation, due for delivery in December this year and April 2015.

Source: Upstream Online

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