07:54 AM EDT, 10/14/2026 (MT Newswires) -- Moreld's (MORLD.OL) subsidiary Moreld Apply won a framework contract to deliver maintenance and engineering services for vessels operated by the Norwegian Armed Forces, according to a Wednesday release. Under the contract from the Norwegian Defence Materiel Agency, the multidisciplinary engineering group will handle project management, engineering services, and technical deliveries for the maintenance, repair, and upgrade of the vessels and associated systems. Work is set to start in the fourth quarter. Moreld defines the contract as sizeable, which it defines as between 100 million Norwegian kroner and 500 million kroner. Moreld Apply is one of three suppliers awarded parallel framework agreements.

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