Multiconsult

Regulatory Filings • Feb 17, 2023

Multiconsult awarded contract with Equinor

Multiconsult awarded contract with Equinor

Multiconsult (Oslo: Multi) has been awarded a contract from Equinor and the

Snøhvit partners to deliver detail engineering of the grid connection for the

Snøhvit Future project.

The contract value is estimated to approximately NOK 38 million, and

Multiconsult's delivery is scheduled to be completed during 2023. The contract

includes an option for further management assistance and site support during the

construction period.

The Snøhvit Future project consists of land compression and electrification of

the Hammerfest LNG facilities. The electrification of Equinor's facility at

Melkøya will reduce greenhouse gas emissions with approximately 850 000 tonnes

of CO2 per year. The project's emission reductions correspond to two percent of

Norway's annual emissions.

For further information, please contact:

Investor relations:

Pål-Sverre Jørgensen, Group Treasurer & Investor Relations Officer

Phone: +47 416 11 161

E-mail: ir@multiconsult.no / psmj@multiconsult.no

Media:

Cato A. Mørk, Senior Communications Advisor

Phone: +47 924 55 663

E-mail: caam@multiconsult.no