AF Group is nominated for a new contract at Kollsnes

AF Group (AFG) is nominated as contractor for ABB for
civil works in relation with Statoil's Troll A 3&4
Pre-compression Project at Kollsnes.

The contract covers construction of a new rectifier
building and a new landfall for cables to the Troll A
platform. The contract also covers trenches for
cables and concrete slabs for installation of
equipment. All works will be executed at Kollsnes.

Construction will commence in April 2012 with
expected completion in February 2014. The contract
has a value of approx. NOK 100 million excl. VAT.

"The AF Group has performed a number of assignments
at Kollsnes over the past 20 years, and we look
forward to starting on a new and exciting project",
says Pål Egil Rønn, CEO of the AF Group.


For further information:

CEO: Pål Egil Rønn tel. +47 90 95 77 13
EVP Civil engineering: Arild Moe tel. +47 91 37 62 65