Seajacks Finalizes Contract with ExxonMobil for Sable Project Accomodation

Seajacks has signed the final contract with ExxonMobil Canada for the Seajacks Kraken to work as an Offshore Accommodation Unit for the Sable Project located offshore Nova Scotia, Canada starting in May 2009 for a 4-5 months period.

The Seajacks Kraken is currently being constructed at Lamprell in Dubai and is on schedule for delivery in February 2009.