Seajacks Launches Kraken Liftboat, to Undergo Final Sea Trials

Today Seajacks' first liftboat, the Seajacks Kraken, was successfully launched from Lamprell's Jebel Ali yard in Dubai and has now moved to Lamprell's Hamriyah yard where she among others will undergo final commissioning and sea trials.

Seajacks Kraken is scheduled for on-time delivery February 22, 2009. She will then mobilize to Nova Scotia, Canada to commence a 4-5 months assignment for ExxonMobil (refer to press release of November 21, 2008 describing the Letter of Intent entered into with ExxonMobil.)


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