Grenland Group Wins Work on Shell's Ursa Project

Grenland Group's increased focus on technological content in the company's deliveries is paying off: The subsidiary, Grenland Minox has entered into a contract with Shell Exploration & Production Company, New Orleans, USA for the delivery of a new Minox Deoxygenation System for the Shell Ursa Princess Waterflood Project.

The system will be capable of processing 240 000 BWPD (Barrels of Water per Day). The system is designed to remove oxygen from seawater, used for injection into the oil reservoir, down to 20ppb. By removing the oxygen, corrosion and bacterial growth in the reservoir will be minimized. All engineering and procurement will be performed by Grenland Group in Norway. Fabrication and erection of the process module will be performed in USA.

Grenland Minox is pleased to be an important supplier to Shell in this large development project in the Gulf of Mexico and is also currently producing a similar process system for Star's Agbami FPSO destined for Nigeria.

The delivery of the GOM system is scheduled for June 2007. The total contract value of the Grenland Minox deliveries in this project is approximately NOK 24 million.

Grenland Group is a full-service engineering, procurement and construction company aiming to enhance the business of its customers. Grenland Group is a result of a market-driven demand for complex solutions, providing technology and fabrication services. Grenland Group consists of two divisions; Technology and Fabrication. Grenland Group has activities at 13 locations in Norway with a total of 950 employees. In addition, the company has engineering subsidiaries in Houston and Kuala Lumpur.