16 Dec 2022 07:33 CET

Jacktel AS has been awarded a contract by Aker BP for the provision of
accommodation services to the Valhall PWP - Fenris project. The contract will
commence 2Q 2026 and has a firm duration of 15 months. As part of the contract,
Jacktel AS has granted Aker BP options to extend the contract by up to 6 months.
Estimated contract value is approximately USD 87 million including mobilization
and demobilization. The contract award is subject to Aker BP obtaining plan for
development and operations (PDO) approval from Norwegian authorities.

Jacktel has committed the accommodation Jack Up Haven for the project. Haven is
one of the most environmentally friendly accommodation rigs in the North Sea
with a possibility to run on power from shore. Direct emissions from Haven are
thereby minimized.

Haven is currently serving the Tyra field development in Denmark until mid-2024.

Jacktel AS is listed on NOTC with Macro Offshore as its commercial and technical
manager.

Sandnes, 16 December 2022


For further information, please contact:

Bjørn Eie Henriksen
CEO
Macro Offshore Management AS
Tel: +47 94 13 04 32
E-mail:bjorn.henriksen@macro-offshore.com

or

Daniel Samuelsen
CFO
Macro Offshore Management AS
Tel: +47 91 75 83 01
E-mail:daniel.samuelsen@macro-offshore.com


Source

Jacktel AS

Provider

Oslo Børs Newspoint

Company Name

Jacktel AS 18/23 10,00% USD C

ISIN

NO0010836778

Market

Nordic Alternative Bond Market