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Press Release 31.01.08

CTC's Volantis to be use on ConocoPhillips LoFS Test Cable Project

CTC Marine Projects Ltd (a subsidiary of DeepOcean ASA) has announced that its newbuild vessel Volantis will enter into service on the ConocoPhillips Ekofisk Life of Field Seismic (LoFS) Test Cable project, mobilised with CTC’s UT-1 and PT-1 spreads.


Due to take place in April 2008 and last for 16 days, CTC’s work scope will involve the installation and burial of 12.6km of LoFS test cable.


The work site is the Ekofisk field located in the Norwegian sector of the North Sea.

Ends

For further information, please contact Fiona Duckworth, Head of Marketing,
CTC Marine Projects Ltd.

CTC Marine Projects Ltd
Coniscliffe House
Coniscliffe Road
Darlington
County Durham
DL3 7EE
Telephone: 01325 390 500

marketing@ctcmarine.com