AF Gruppen has, through its subsidiary AF Offshore Decom and in a consortium
with Heerema Marine Contractors (HMC), been awarded a contract for the
engineering, preparation, removal & disposal (EPRD) of a North Sea platform on
the UK Continental Shelf.

The facility features a steel structure, with the topsides weighing
approximately 27,500 tonnes and the supporting structure around 12,000 tonnes,
with an option to also include a selection of conductors.

The offshore platform surveys will commence immediately, followed by detailed
engineering and offshore preparatory works to be performed within the next three
years.

The platform will be removed in a multiyear removal campaign by HMC's vessels
and transported to AF Environmental Base Vats for onshore dismantling, recycling
& disposal within the next 5 years. 

"This contract is a testament to the strength of the consortium and our
significant North Sea track record delivering safe and efficient EPRD solutions
for large and complex North Sea installations. We look forward to beginning this
important work, both offshore and onshore, which is rooted in our core
capabilities, with our consortium partner HMC and in close cooperation with our
client", says Lars Myhre Hjelmeset, EVP Offshore at AF Gruppen.

For further information: 
CEO AF Gruppen, Amund Tøftum, tel. +47 920 26 712 
EVP Offshore AF Gruppen, Lars Myhre Hjelmeset, tel. +47 970 39 084