Eidesvik Offshore — M&A Activity 2014

Jan 23, 2014

Eidesvik enters into a longterm contract with Lundin Norway AS.

Eidesvik enters into a longterm contract with Lundin Norway AS.

The contract for the PSV Viking Queen is for 15 wells

with options for 5 more wells. Duration for the firm

period is minimum 900 days. The work will start

medio-ultimo 2014. Viking Queen will be upgraded with

FI_FI II and NOFO 2009.

"We are very pleased that we once again have been

chosen by Lunding Norway AS, a company which is in an

exiting development phase. For Eidesvik as a pioneer

with the use of LNG as fuel for its PSVs, we

appreciate a lot that Lundin once again charter in a

LNG-fueled PSV to its portfolio", says CEO&President

Jan Fredrik Meling.