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June 16, 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 Australia building on strong momentum gained in the Oil & Gas market with Ichthys LNG contract award

LOC Group, the premier international marine and engineering consulting firm, is pleased to announce it has signed a five-year contract agreement with INPEX Operations Australia P/L (“INPEX”).

The agreement will cover the provision of Marine Warranty Services and Marine Assurance for Ichthys LNG and its associated drilling operations. It will include warranty review and approval for the loadout, transportation and installation activities of new field architecture.

Alex Harrison, Energy Services Director for Asia Pacific in LOC Perth, commented:

“We are extremely pleased to have been awarded this competitively tendered contract. Having supported INPEX on the Ichthys LNG development for the past seven years, we are therefore very pleased to have been awarded this additional work. The contract award closely follows a number of other recent awards with oil majors and oil and gas contractors within the region, demonstrating that we remain at the forefront of the MWS and Marine Consulting markets in Australia and the wider Asia Pacific region with a continued improvement in market sentiment.”