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The latest announcement is out from Nekkar ASA ( (DE:0TT) ).
InteliWell, a joint venture aimed at advancing autonomous well construction, has secured a contract to provide automation services on the Transocean Deepwater Titan drillship. This deployment will enhance efficiency and reduce cognitive load for the crew, marking the fourth implementation of InteliWell’s platform. Intellilift will deliver these services, benefiting from a fixed-sum project and Software-as-a-Service fees, highlighting Nekkar ASA’s strategic involvement in innovative ocean technology solutions.
More about Nekkar ASA
Nekkar ASA is an industrial company focused on ocean-based technology, investing in sustainable oceans, robotics, intelligent logistics, and digital solutions. With a 50-year heritage from Syncrolift, Nekkar employs a buy-to-own strategy to build long-term value, supporting operating companies with a strong balance sheet and strategic reinvestment for sustainable growth.
Average Trading Volume: 264,082
Current Market Cap: NOK1.28B
See more data about 0TT stock on TipRanks’ Stock Analysis page.