Staoil's Kristin lifeboats approved

Testing and approval of the lifeboats on Statoil's Kristin in the Norwegian Sea has been completed and the platform has been transported offshore.

Offshore staff

(Norway)-Testing and approval of the lifeboats on Statoil's Kristin in the Norwegian Sea has been completed and the platform has been transported offshore.

They will be installed as soon as weather conditions are acceptable.

This program of checks followed the discovery of faults in similar craft during system tests on the group'sVeslefrikk B installation in the North Sea, Statoil says.

The lifeboats were uninstalled and sent to the supplier, Umoe Schat-Harding, for reinforcement and testing. Statoil also plans to reinforce their launch system.

Apart from Statoil with 41.3%, the Kristin licensees are Petoro 19.6%, Norsk Hydro 14%, ExxonMobil 10.9%, Eni 8.2%, and Total six.

09/14/05

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