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September 22, 2020

For further information, please contact:

Endre Johansen, Corporate Communications AS
Telephone: +47 41 61 06 05
Email: endre.johansen@corpcom.no

About ABL Group ASA

ABL Group (OSE: ABL Group ASA – ticker code “ABL”) is a leading independent global consultancy delivering energy, marine, engineering and digital solutions to drive safety and sustainability in renewables, maritime and oil & gas sectors. The group has offices in 39 countries worldwide and operates under four brands: ABL, OWC, Longitude and AGR.

LOC Korea wins contract with LS Cable & Systems

LOC Group, the premier international marine and engineering consulting firm, is pleased to announce its Korean office (“LOC Korea”) has won a new contract with LS Cable & Systems, a South Korean company and one of the world’s largest cable manufacturers, for the installation of subsea electricity supply cables between Bahrain and Hawar Island, situated approximately 50 kilometres (“km”) south-east of Bahrain.

Three cables of 25 kilometres each will be installed to provide electricity from the main island of Bahrain to the Hawar Islands. Under the contract, the scope of work covers Marine Warranty Survey (“MWS”) services for all transportation and installation marine operations.

This contract win follows a number of previously announced projects between LS Cables & Systems and LOC Group companies.

The team at LOC Korea will manage the project and is expected to carry out all technical document review, as well as on-site attendance to approve marine procedures and the fleet for transportation operations from Korea to Bahrain. LOC’s Middle East offices will support the team at LOC Korea for the installation operations offshore Bahrain.

The international nature of the job, with operations in Korea, Bahrain and offshore Bahrain reflects the advantages of LOC’s global network.

Kim Zhoongheun, LOC Korea Country Manager, commented:

“LOC Korea is pleased to have won this contract with LS Cable & Systems, to provide support and MWS services for the installation of subsea cables from Bahrain to Hawar Islands. Winning the competitive tender of such a prestigious project, which will see LOC work across a number of jurisdictions, is testament to both the relationship between the two companies, and the wider Group’s standing in the industry with regard to subsea cable and interconnector installation operations.”