Offshore staff

LYSAKER, Norway -- Talisman Energy Norge AS has awarded Aker Kvaerner a service contract to provide personnel and equipment for well intervention services on the Norwegian continental shelf, including the Gyda, Varg, Yme, and Rev fields. The contract is for a firm period of two years, plus three one-year optional periods. The estimated contract value for the initial two years is NOK 60 million ($9.9 million).

The scope of work comprises mechanical wireline services, wireline tractor services, and cased hole logging services. The work will be undertaken by Aker Kvaerner subsidiary Aker Kvaerner Well Service in Stavanger.

"This contract offers the possibility for Aker Kvaerner to continue its good cooperation and working relationship with Talisman. We look forward to work together with one of the most active and fastest growing operators on the Norwegian continental shelf in the years to come," says Ole Petter Thomesen, president of Aker Kvaerner Well Service.

5/21/2007