Business Services Industry
Norwegian technology company ODIM ASA wins new handling solutions order from Fugro Geoteam
Nordic Business Report, April 30, 2008
NORDIC BUSINESS REPORT-30 April 2008-Norwegian technology company ODIM ASA wins new handling solutions order from Fugro Geoteam(C)1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com
Norwegian technology company ODIM ASA (OSE:ODIM) said on Wednesday (30 April) that it has secured a NOK50m order from the seismic specialist Fugro Geoteam.
The order covers deliveries of handling solutions for 3D seismic survey equipment. The first equipment package will be installed on Fugro Geoteam's newbuilding Geo Coral.
The deliveries will begin in the third quarter of 2009.
ODIM, headquartered in Hareid, Norway, develops and sells cable handling systems and winches for use on offshore and naval vessels. The company reported revenue of NOK1.42bn in 2007.
One British pound (GBP) is worth approximately 10.13 Norwegian kroner (NOK).
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