LOI for BW Carmen from StatoilHydro

BW Offshore has been awarded a Letter of Intent from StatoilHydro to employ the FPSO BW Carmen in the North Sea. The FPSO will be modified to fulfill client specific requirements prior to conducting well testing on the UK sector. BW Carmen is set to commence operation as an Anti Pollution Testing Vessel (APTV) within August 2008. The vessel will be available for new opportunities towards the end of this year.