Grenland Group Wins Loading Bouy Contract from APL

Grenland Group has signed a contract with the APL in Arendal, for the construction of a large loading buoy for the Gulf of Mexico.

The loading buoy shall operate in conjunction with an offshore production ship currrently under construction on behalf of Bergesen Worldwide Offshore. The ship shall be located on the KMZ field in the Gulf of Mexico. The loading buoy which shall be delivered by Grenland Group, weighs more than 450 tons, and will be built at Grenland Group's yard facilities in T√łnsberg and Langesund. PEMEX is the operator of the field. Bergesen Worldwide Offshore has awarded APL a contract for the delivery of a complete mooring and production buoy system.

Quite recently, Grenland Group obtained an order for a similar buoy earmarked for the Alvheim field on the Norwegian continental shelf. The buoy is now under construction, and together with this new order the yards of Grenland Group will have secured good continuity and resource utilization until the summer of 2006 in this interesting type of construction. These two projects will employ some 40-50 people over the activity period.

Over the recent years, APL in Arendal has had a number of its buoys constructed by Grenland Group in Langesund. The Langesund yard has many years experience in fabrication of such complicated buoys, and, together with APL, Grenland Group has delivered a number of buoys to China, East Timor and to many fields in the Norwegian sector.