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NO

14 January 2010

Eni Norge and Sevan Marine sign Project Services Contract for Goliat

PRESS RELEASE: Eni Norge AS as Operator of Goliat, and Sevan Marine ASA have entered into a contract where the parties will work together in order to achieve a successful result for the Goliat FPSO (Floating Production, Storage and Offloading) project

Under the contract, Sevan Marine will provide project and engineering management and early operation preparation services. The services will include personnel to be integrated as a part of the Eni project follow up organization. Sevan Marine will also execute and assist Eni in several specific key engineering and construction activities related to proprietary technology areas for the Sevan Marine FPSO concept.

The contract for engineering, procurement and construction (EPC) of the Goliat FPSO is planned to be announced later in first quarter 2010.

The Goliat FPSO has been designed to conform to the strict environmental legislation of the Barents Sea area and with a minimum of emissions and no discharges during normal operation.

Contact person:
Communication Manager Eni Norge AS
Andreas Wulff
Telefon + 47 92616759/ +47 52874968
andreas.wulff@eninorge.com