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14/06-2018 08:45:16: (KOG) Equinor extends existing contract with KONGSBERG into phase 2 of Johan Sverdrup field development

Kongsberg, Norway, 14th June 2018 - Equinor Energy AS has contracted Kongsberg
Maritime to deliver the Safety and Automation Systems (SAS) for the recently
announced phase 2 of the Johan Sverdrup development in the Norwegian North Sea.
Kongsberg Maritime's selection for Johan Sverdrup phase 2 confirms its existing
position as a key technology partner for the project since 2014, when Equinor
Energy AS (then Statoil) awarded a Project Specific Agreement including FEED for
delivery of SAS to the four phase 1 field platforms. 
The phase 2 agreement includes delivery of SAS and digital technology for a new
processing platform, which is due to start production in 2022. Kongsberg
Maritime will also extend and modify already delivered systems for the field
centre, in addition to providing three Subsea Production System tie-backs and
technology solutions for shore power at Haugsneset, near Haugesund.

"This is a major contract for KONGSBERG and further strengthens our position as
a key supplier of core automation and safety products to the offshore production
market," said Egil Haugsdal, President, Kongsberg Maritime. "We are pleased that
Equinor Energy AS is extending the Johan Sverdrup contract into Phase 2 of the
development, and look forward to working closely with Equinor and its major
contractors to make this new phase of Johan Sverdrup a success."  

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