Dovre Group Plc
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SAFRAN SECURES LONG-TERM EXTENSION TO AGREEMENT WITH STATOIL

Espoo, Finland, 2012-10-02 08:45 CEST (GLOBE NEWSWIRE) -- 

Dovre Group Plc                      Press Release                   October 2,
2012 at 9:45 am 

SAFRAN SECURES LONG-TERM EXTENSION TO AGREEMENT WITH STATOIL

Safran Software Solutions AS, part of Dovre Group’s Software division, has
secured an extension to its current agreement with Statoil for the maintenance
and development of Statoil’s portfolio of Safran project planning and control
software. The extension is valid until Summer 2015 and includes an option for
two more years. Statoil’s software portfolio includes Safran Project, Safran
Planner and Safran Web Access. These products are used in a broad range of
project planning, follow-up and control applications, including Statoil’s
overall activity planning for all its installations on the Norwegian
Continental Shelf, the planning of drilling activities, as well as studies and
early phase planning for new oil field development projects. 

“We at Safran are very pleased by the confidence that our largest client has in
us. Our cooperation with Statoil has grown steadily year by year since our
first project management software implementation almost 15 years ago”, says
Inge Nilsen, Operations Director at Safran. 

“Close cooperation with Statoil and other key players in the Norwegian oil and
gas industry has been highly beneficial for Safran”, says Juha Pennanen, head
of Dovre Group’s Software division. “Active interaction with our clients has
had a strong positive impact on the continuous development of our business. We
are known for listening to our clients and for the ability to respond to our
clients’ product development needs. This in turn strengthens our position in
the market.” 

For further information, please contact:

Dovre Group Plc
Juha Pennanen, Head of Software
Tel. +358 (0)20 436 2000
juha.pennanen@safran.no
www.dovregroup.com

Inge Nilsen, Operations Director
Tel. +47 40 004 707
inge.nilsen@safran.no



Dovre Group is a global provider of project management services and software.
Dovre Group consists of three divisions: Project Personnel, Consulting, and
Software. In 2011, the Group’s net sales were EUR 73 million. Dovre Group
employs over 400 people worldwide. Dovre Group is listed on the NASDAQ OMX
Helsinki (symbol: DOV1V). 



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