Nordic Business Report-April 10, 2006-ODIM ASA secures NOK70m contract from GC Rieber Shipping AS
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The Norwegian technology group ODIM ASA said on Monday (10 April) that it has received a contract for an automated streamer cables handling system for a seismic vessel from GC Rieber Shipping AS.
The NOK70m covers a complete system designed to handle 12-16 streamer cables.
The system will be delivered in January 2007.
"This contract is a confirmation of an option that was signed earlier and proves the strong seismic market," commented Jogeir Romestrand, CEO of ODIM.
One Norwegian krone (NOK) is worth approximately 0.08 British pounds (GBP).
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