Monday 29 October 2018

Haven commenced operation at the Johan Sverdrup field at 7th June 2018, approximately one month ahead of original schedule. The installation of Haven adjacent to the Drilling Platform was successfully executed according to plan. After installation Haven has delivered 100% gangway connection.

Overall, the project cost related to the upgrade of Haven was below budget.

The utilization of the vessel has been high throughout the quarter, with close to full utilization of available beds.

Daily operating cost equaled 45 KUSD during 3Q, the cost level is expected to increase to around 50 KUSD going forward.