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Press Release:
Oslo, 1st April 2009
StatoilHydro and Statkraft have awarded a major contract to Master Marine for the installation of the Sheringham Shoal Offshore Wind Farm. Scira Offshore Energy Limited, with its 50/50 partners StatoilHydro and Statkraft, has awarded a contract to Master Marine ASA for the planning and installation of 88 wind turbines and 2 substation modules for the Sheringham Shoal Offshore Wind Farm Project. The contract was awarded to Master Marine after strong competition from other installation contractors. Project engineering work will start 2nd quarter 2009 and the installation campaign for the 2 substations and the 88 wind turbines will commence early in 2011.The installation work is planned to be completed during 3rd quarter of 2011. The contract value is estimated to be Euro 78 million. This contract award proves the versatility of the Master Marine’s concept of their construction Jack Ups. The first unit was awarded a contract for ConocoPhillips last October as an accommodation unit at Ekofisk for a 3 year period starting the summer of 2010. With these two contracts with major players within the energy market; Master Marine has taken important steps towards being recognized as a serious and competent offshore support company. The unique vessel concept represents a flexible solution to the energy companies within their areas of need. Master Marine is a Norwegian offshore service company, specialising in the transportation and installation of heavy offshore structures for the oil and gas industry. Currently the company has two Service Jack Construction vessels being built at the Drydocks World yard in Indonesia. The first vessel, which was awarded a 3 year contract with Conoco Phillips in October last year, will be delivered Q1 2010, and the second vessel, which has been awarded the contract for the Sheringham Shoal Windfarm Installation will be delivered Q3 2010. Scira Offshore Energy Ltd. was formed to develop the Sheringham Shoal Offshore Wind Farm. In December 2003 The Crown Estate offered Scira Offshore Energy Ltd. a license to develop an offshore wind farm in the Greater Wash, approximately 9 miles (17km) north of the town of Sheringham, Norfolk, UK. This license is one of 15 successful proposed projects in Great Britain, and one of 8 proposed offshore wind farms in the Greater Wash area. The UK has enormous growth potential in terms of offshore wind energy. The Sheringham Shoal Offshore Wind Farm will deliver up to 315 MW, corresponding to the need of more than 220 000 households. This recent contract demonstrates that Master Marine will be a key player in the future offshore wind turbine installation market. For further information, please contact: Per Johansson, CEO, This e-mail address is being protected from spam bots, you need JavaScript enabled to view it Thor Stenersen, Marketing Director, This e-mail address is being protected from spam bots, you need JavaScript enabled to view it Anders Bruun-Olsen, CFO, This e-mail address is being protected from spam bots, you need JavaScript enabled to view it Master Marine ASA Head Office Drammensveien 288 NO-0283 Oslo Norway Tel: +47 67 430 430 Fax: +47 92 07 37 37 This e-mail address is being protected from spam bots, you need JavaScript enabled to view it 
Layout of Sheringham Shoal Offshore Wind Farm |
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