Awarded contract on drilling rig valued at MNOK 350

Kongsberg Maritime (KONGSBERG) has won its first milestone order for a major project combining KONGSBERG control and electrical systems with power, propulsion and mooring solutions.

The contract is valued at approximately MNOK 350.

The contract with Singapore’s KeppelFELS shipyard for a newbuild Awilco Drilling Owned Moss CS60Eco semi-submersible drilling rig covers a diverse technology and equipment package, previously not available from a single partner serving the shipbuilding sector.

Delivery will take place during Q2/Q3 2020 with the rig due for completion in March 2022.

 “Our contract with KeppelFELS demonstrates our position as a world class, global organisation with the unique ability to supply operational technology and major ship’s equipment as a single contract,” said Egil Haugsdal, President, Kongsberg Maritime.

“As one Kongsberg Maritime, our goal is to provide sustainable, safe and cost-effective integrated solutions that optimise operations and deliver value across the board”, says Haugsdal.

 For further information, please contact:

Jan Erik Hoff, Group Vice President Investor Relations, Kongsberg Gruppen ASA, Tel: (+47) 991 11 916.

Ronny Lie, Chief Communication Officer, Kongsberg Gruppen ASA, Tel.: (+47) 916 10 798.