03:03 AM EST, 11/06/2026 (MT Newswires) -- Moreld ASA (MORLD.OL) subsidiary Ocean Installer secured an expansion for an existing installation project being carried out for an unnamed client, according to a Friday filing. The multidisciplinary engineering group said the additional work falls under its significant-contract category, which covers projects valued at 500 million Norwegian kroner to 1 billion kroner. The work includes managing offshore installations and commissioning, alongside engineering and project oversight onshore. Initial onshore activities started immediately, while offshore works are scheduled for 2027 and 2028.

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