Saga Subsea awarded contract in the East Mediterranean

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Working together with local partners, Saga Subsea have been awarded a larger contract in the East Mediterranean area working for one of the international Oil and Energy Companies.

Further details might be reviled upon commencement of the project, which has a planned start-up Q4-2019. The planning and preparation of all rental equipment will start this week, as the package to be delivered consist of large rental units to be prepared for a longer rental period together with operators. 

Saga Subsea have been working towards several oportunities in the East Mediterranean region now for about one year, where we simultaneously have worked on being established in the region with offices and base facilities in Limassol - Cyprus. As this contract is awarded, one month after local agreements have been conducted for our base facilities, proves that our services and products are competitive in the region, and that we are able to add value to our Clients also internationally. 

Einar Tollaksvik