03/27/2012

OFFSHORE WIND INSTALLATION CONTRACT

Fred. Olsen Windcarrier AS, which is indirectly owned by Bonheur ASA and Ganger Rolf ASA has been awarded a contract by the German utility EWE for the installation of 30 wind turbines and associated equipment at the Riffgat offshore wind farm in the German territorial waters. The contract commences in March 2013 and is anticipated to take 90 days. The work will be performed using one of the installation vessels "Brave Tern" or "Bold Tern", both currently under construction at the Lamprell shipyard in Dubai.

For further information please contact Tor Erik Andreassen, Managing Director of Fred. Olsen Windcarrier AS,  ph. +47 22341151/+47 47655591