CONTRACT NEWS FOR STRIL EXPLORER AND EDDA FONN

MMT Sweden and Reach Subsea contracted for an exciting offshore pilot project in Martinique

We are pleased to announce the contract award for the OTEC (Ocean Thermal Energy Conversion) NEMO project by DCNS, a world leader in naval defence.

Reach Subsea and MMT Sweden have, through the Joint Venture, entered into a contract for Stril Explorer in the French Caribbean. The project, an innovative survey of the geophysical and sedimentary context of an area of an offshore power plant outside Martinique, is scheduled for the first two months of 2016 including transit from the North.

This floating platform is anchored in the sea and will use the temperature difference between the warm water at the surface and the cold water in the depths to produce nonintermittent and carbon-free electricity.

We are pleased to be part in this new development project and will conduct the survey with resources from our joint venture including the DP2 vessel Stril Explorer, equipped with a work class ROV that is mounted with a geophysical set up.

“This is an exciting project for us with interesting geology on volcano slopes in tropical waters. We look forward to safe and fun operation together with DCNS”, says Karin Gunnesson, Project Manager, MMT

www.mmt.se

 

USS Jason Dunham

Image, all right reserved to DCNS: The floating platform

 

Edda Fonn

Edda Fonn, the second vessel operated in the Joint Venture with MMT Sweden, has continued to execute on various contracts since the end of November last year, securing satisfactory utilisation so far in this particularly cold winter season.

 

For further information, please contact:

Birgitte Wendelbo Johansen (CFO)