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    New contracts for Eidesvik

    Contracts, Tenders and Rates // June 19, 2012

    Eidesvik in Norway hasáentered into several new contracts.

    The Leiv Eriksson Consortium hasáawarded Eidesvik two contracts, for Viking Lady and Viking Athene. The firm period is 15 wells + up to 18 optional wells, starting in the first quarter of 2013.

    Lundin Norway AS hasá declared an option for the use of Viking Prince for sevenáwells.

    Statoil and Eidesvik have agreed to exchange Viking Lady with Eidesvik's newbuild Viking Princess when she is delivered fromáKleven shipyard in September 2012.

    ôIt is very satisfying that our customers once again shows us trust and assign long term contracts with us,ö said the company'sáCEO Jan Fredrik Meling.

    "With all of Eidesvik's LNG driven vessels now on long-term contracts this shows that ouráinnovative work with Viking Energy, the world's first LNG-powered offshore vessel, delivered in 2003, is again paying off."

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