AF Gruppen — M&A Activity 2014

Feb 12, 2014

AF Group awarded new framework agreement with ConocoPhillips

AF Group awarded new framework agreement with ConocoPhillips

AF Group's (AFG) subsidiary Mollier AS has been

awarded a new framework agreement for the service,

modification and maintenance of HVAC systems

(Heating, Ventilation and Air Conditioning) at

ConocoPhillips's offshore installations on the

Norwegian continental shelf.

The agreement period is 4,5 years with option for

ConocoPhillips to extend the agreement by up to two

consecutive periods of up to three years.

The agreement takes effect from 01.04.2014.

For further information:

CEO: Pål Egil Rønn, tel + 47 90 95 77 13

EVP Offshore: Robert Haugen, tel +47 95 12 00 97

http://www.afgruppen.com/Offshore-Services/