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Fjord Defence Group ASA

Regulatory Filings May 4, 2020

3569_rns_2020-05-04_3ee80dba-c338-435c-8034-b3c303779a7d.html

Regulatory Filings

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Axxis Geo Solutions awarded contract with Equinor in the North Sea

Axxis Geo Solutions awarded contract with Equinor in the North Sea

Lysaker, 4 May 2020

Following the announcement on 20 February 2020, Axxis Geo Solutions ASA (OSE: AGS) is now pleased to report that the final agreement for the seismic node acquisition has been signed. The survey is expected to commence later in the second quarter of 2020 and will have a duration of approximately 30 days. The scope of work will be conducted by two seismic vessels.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Contacts

Lee Parker, CEO

[email protected]

+1 832 275 7258

Svein Knudsen, CCO

[email protected]

+47 906 94 170

Nils Haugestad, CFO

[email protected]

+47 977 04 439

About AGS

Axxis Geo Solutions (AGS) is a pure-play ocean bottom node seismic company uniquely positioned to pursue both contract and multi-client seismic. AGS specializes on delivering tailored seismic solutions and flexible project management and execution to oil and gas companies world-wide. Its operations are based on a scalable asset-light setup through chartering of vessels and nodes to complete seismic surveys. AGS is listed on Oslo Axess and traded under the ticker AGS.

More information on www.axxisgeo.com

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