Nordic Technology Group AS — Earnings Release 2023

Dec 8, 2022

Hammertech AS contract - Harbour Energy

Hammertech AS contract - Harbour Energy

Hammertech has, as reported in half year report, entered into a contract with the British operating company Harbour Energy for the delivery of 2 units of AquaField Green, a multiphase meetering system, for installation on the Chim-Sao field in Vietnam. The contract has a value of USD 91,400 excluding service deliveries estimated at USD 20,000. Delivery is planned late Q1-2023. The contract is of great strategic value for Hammertech as it is the first contract for the delivery of AquaField in Southeast Asia. The contract is also strategically important in the British market as Harbour Energy is the largest UK listed independent oil and gas company.

Group CEO Rune Rinnan

Mob. +47 900 56 028

rune.rinnan@ntechgroup.no