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February 04, 2015

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.

Tristein merges with AqualisBraemar

4 February 2015 – Aqualis ASA (OSE: Aqua) has decided to merge the operations of Tristein AS into AqualisBraemar AS.

Oslo-listed Aqualis ASA acquired Norwegian company Tristein AS in April 2014. Tristein has since operated as a stand-alone entity as part of the Aqualis Group. Now the company is being merged into the group’s main Norwegian operational unit, AqualisBraemar AS.

AqualisBraemar is a specialized marine and offshore engineering consultancy focusing on the shallow and deep-water offshore segments of the oil, gas and wind industry. Tristein is a leading provider of marine operations for the offshore oil, gas and wind industries.

“We merge into one operational entity, AqualisBraemar, to streamline internal processes, reduce administrative work and give the company a more easily understandable operational profile. Our objective is to continue to grow and provide even better services to our clients,” says Bjørn Håvard Brænden, director of Norwegian operations at AqualisBraemar.

In Norway, AqualisBraemar will continue to operate from the company’s three offices in Asker, Kristiansund and Sandefjord.

“The combination of AqualisBraemar and Tristein will allow us to deliver enhanced services to all our clients by sharing expertise and resources, particularly where engineering and offshore attendances are required,” says Bjørn Håvard Brænden.