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October 20, 2016

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.

Brazil jobs to AqualisBraemar

20 October 2016 – Marine and offshore engineering consultancy AqualisBraemar has been awarded contracts to provide marine warranty services to three different FPSO projects in Brazil.

Modec has appointed AqualisBraemar to act as marine warranty surveyor for the integration of the MV29 FPSO at BrasFELS shipyard in Rio de Janeiro, Brazil.

BrasFELS, meanwhile, has appointed AqualisBraemar to provide marine warranty services for the marine operations and departure of the P-66 and P-69 FPSOs that the BrasFELS shipyard is building for Petrobras.

Under the contracts, AqualisBraemar, part of Oslo-listed Aqualis ASA, will oversee loadouts, transportation and installation of modules and high-value equipment, plus quayside mooring and tow to field. The contract values are undisclosed.

All three FPSOs will be installed in pre-salt fields offshore Brazil.

“Our experienced surveyors and engineers are highly familiar with local shipyards and client requirements. That makes it easier for us to add value on site and ensure that the operations are conducted safely and efficiently. Our team’s FPSO track record in Brazil is extensive and we believe these contract awards reflect this,” says Dr Andreas Theophanatos, director for South America, AqualisBraemar.

AqualisBraemar’s office in Rio de Janeiro will manage the contract and all associated work.

AqualisBraemar is a specialised marine and offshore engineering consultancy focusing on the shallow and deep-water offshore segments of the offshore oil and gas industry. Its core services includes concept, FEED and basic design engineering for upgrades and conversions of jack-ups, rigs and other fixed offshore installations, rig moving, marine warranty, dynamic positioning and construction supervision services. The company also offers transportation and installation as well as due diligence services. 

ENDS

For further information, please contact:

Media
Endre Aaberg Johansen, Corporate Communications AS, tel: +47 41 61 06 05, email: endre.johansen@corpcom.no.

Investors
Kim Boman, CFO, Aqualis ASA, tel: +47 959 63 912, email: kim.boman@aqualis.no

About Aqualis ASA
Aqualis ASA (OSE: Aqua) is a public company that, through its subsidiaries and associates, offers energy consultancy services to the oil and gas, wind and solar sectors globally. The group employs experienced consultants across 22 offices in 15 countries worldwide. Aqualis ASA operates under three different brands: AqualisBraemar, Offshore Wind Consultants and ADLER Solar. AqualisBraemar is a specialised offshore marine and engineering consultancy firm, focusing on the shallow and deep-water offshore segments of the oil and gas industry. Offshore Wind Consultants is a globally focused consultancy providing independent services to the offshore renewables industry. ADLER Solar is a full-service provider for the PV industry. It offers technical solutions and services for the entire life cycle of photovoltaic plants. Aqualis owns 49.9 percent of ADLER Solar.