Bergen Group Services AS has entered into a 3-year framework agreement with
Equinor Energy AS comprised by engine maintenance on offshore installations. The
framework agreement, valid from 1 February 2019, is estimated to generate a
turnover of at least NOK 50 million throughout the contract period. The
agreement includes an option for a 2-year renewal.

The framework agreement comprise work related to corrective and planned service
/ maintenance / overhaul of MTU diesel engines both on offshore locations
(Norwegian sector) and at Bergen Group Services' premises located in in Bergen.

Managing Director Jonny Arefjord in Bergen Group Services AS considers the
framework agreement important for further developing the company's position as a
national supplier of complex maritime projects and service operations.

"Over time, we have had dedicated focus on strengthening our capacity to
undertake maintenance and service framework agreements from customers demaning
high quality," says Arefjord, referring to the company’s existing agreements
with the Norwegian Armed Forces,  the Norwegian Society for Sea Rescue and
various shipping companies operating express boats along the Norwegian coast.
CEO Nils Hoff in Bergen Group ASA points out that such framework agreements are
important for the maritime industry in general.

 "This type of framework agreement helps to maintain the necessary
comprehensiveness required to ensure a continued healthy competition in this
market, a market with high demands on both knowledge, quality and
documentation," says Nils Hoff.

Bergen Group Services AS is a wholly owned subsidiary of the listed group Bergen
Group ASA. The company has a well-established competence and capacity for the
execution of complex maritime projects and service operations, including
framework agreements with the Norwegian Armed Forces, the Norwegian Society for
Sea Rescue and various shipping companies’ operating express boats along the
Norwegian coast. Bergen Group Services has their own well-established engine
test centre and a comprehensive MTU competence located in the premises at
Laksevåg in Bergen. In addition, the company has its own travel team covering
both Norwegian coast, offshore installations in the North Sea and international
assignments.

Contact info:
Nils Hoff, CEO in Bergen Group ASA, phone +47 930 92 346 
Managing Director Jonny Arefjord, Bergen Group Services AS, phone  +47 922 86
572

This information is disclosed in accordance with the Continuing Obligations for
listed companies.