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AF Group Awarded Large Crane Contract from Statoil

Source: www.gulfoilandgas.com 6/11/2012, Location: Europe

AF Group has received a letter of intent from Statoil ASA for workover and rebuilding of EOT-cranes. The contract comprises workover and rebuilding of 15 EOT-cranes (Electrical Overhead Travelling cranes) on Gullfaks A and C. The contract will have a value in excess of NOK 100 million ex. VAT. Construction will start in June 2012 with expected completion in April 2015.

- AF Group has expanded its offshore services in order to offer more integrated and customer-oriented solutions. This is an important assignment for our offshore operations, and we look forward to continuing the good cooperation with Statoil, says Pal Egil R?nn, CEO of the AF Group.

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