SCANROPE SUBSEA AWARDED CONTRACTS OF NOK 44 MILLION

Scanrope Subsea confirms the company’s position as the leading supplier of synthetic mooring lines for floating production units in deep waters. Scanrope Subsea has been awarded two contracts for mooring lines totaling NOK 44 million. The mooring lines will be utilized in the British sector of the North Sea.

Delivery will take place 4th quarter 2007 and 2008.

For further information please contact CEO, Dirk Blaauw, Tel: +47 22 13 19 31