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May 26, 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.

Indian extension for AqualisBraemar

25 May 2016 – United India Insurance Company has reappointed AqualisBraemar to provide marine warranty services to the Oil and Natural Gas Corporation Limited’s (ONGC) assets offshore India.

This is the third one-year contract AqualisBraemar has received after the company first started working for United India Insurance Company and ONGC in 2014. 

Under the agreement, AqualisBraemar will continue to provide marine warranty services to ONGC’s fleet of jack-up rigs and mobile offshore production units (MOPU) in Indian waters.

“A contract extension such as this is the best possible confirmation that a client is satisfied with the services we provide. We look forward to continue supporting ONGC and its many assets operating offshore India,” says Rodger Dickson, group marine director in AqualisBraemar.

AqualisBraemar will support ONGC with marine warranty surveyors from AqualisBraemar’s office in Dubai. The operations include review of rig move documentation, issue of certification and on-board attendance.

AqualisBraemar, part of Oslo-listed Aqualis ASA, is a specialised marine and offshore engineering consultancy focusing on the shallow and deep-water segments of the offshore oil and gas industry.

ENDS

For further information, please contact:

Media
Endre 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 specialized 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.