Data Respons Enters 3-Year Framework Agreement

Data Respons has entered into a 3 year framework agreement with a value of 40 million. The contract covers delivery of embedded solutions for installations for the offshore market.

The client is a world leader in the design, manufacturing and sales of equipment used in oil and gas exploration.

"We are very pleased to work closely with the leading groups in the oil services market in Norway and worldwide," said CEO Kenneth Ragnvaldsen. "We see a large market potential for our robust and customized solutions for offshore and maritime use. To be competitive in this market, it requires local expertise, innovative use of technology and a global value chain. The contract confirms the solid activity in the offshore segment and Data Respons expects growth in Norway and internationally in these markets in the coming years."