Oslo-listed Oceanteam has said its Oceanteam Solutions has signed a contract with one of the UK's biggest energy companies for the supply of a barge to carry cables.

It will carry out the charter between Norway and the Netherlands.

The project is planned to be executed this month.

"As the barge and turntable spread is readily mobile and fully mobilised it only needs a short preparation time in the Netherlands before the towing to Norway and start of the cable load-out," it said.