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April 19, 2016

Bergen Group and Calm Oceans to market offshore mobile platform in Norway

Bergen Group has agreed to market Singapore's Calm Oceans' (COPL) newly developed offshore mobile Mono-Column Platform (MCP) in Norway.

Bergen Group has agreed to market Singapore’s Calm Oceans’ (COPL) newly developed offshore mobile Mono-Column Platform (MCP) in Norway.

The self-elevating, multipurpose jack-up has been designed to address the commercial challenges with regard to marginal field technical development.

Calm Oceans is controlled by Brian Chang, which also is a major shareholder in Bergen Group Holdings with a 33.1% ownership.

Bergen Group CEO Hans Petter Eikeland said: "We are delighted to perceive a common understanding with the major shareholder of Bergen Group’s about the company’s growth potential going forward."

"The MCP is a bespoke solution, which caters to any offshore field development that are within 120m water depth, particularly for marginal fields."

The offshore platform supports high variable deck load (VDL) up to 5,000t and has a deck space with a capacity to take on different modular facilities such as drilling modules, production modules, accommodation modules as well as combined drilling and production modules.

All these modules put together serve as a complete field development solution for the end-user.

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MCP also addresses challenges associated with early monetisation of oil and gas fields and consists of a deck box, four-chord square truss structure in addition to a mat foundation. It can operate in oil fields with soft seabed.

The platform also features self-elevating feature which eliminates the need for expensive offshore construction fleet at the time of deployment and relocation.

Brian Chang said: "The MCP is an effective bespoke solution which caters to any offshore field development that are within 120m water depth, particularly for marginal fields.

"Together with our leasing business model, we believed that this solution would be especially valuable and beneficial during this challenging period, for field operators whom are looking at means of reducing CAPEX while sustaining the business."

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