The order is an extension of the ongoing contract LMT have with Norsk Hydro regarding the Living Quarter extension project with 20 single rooms, which also includes meeting room, lifeboats, upgrade in existing LQ etc.
The project will have two main milestones, one for delivery of substructure and guides delivered at Mongstad in April 2006. The second is to deliver the four aluminum sections architectural complete ready for shipping in August 2006.
The contract has a value of 10 million NOK, including options, will employ 12 persons through the project phase.
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