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Ferguson Modular Invests in Norwegian Market

Maritime Activity Reports, Inc.

October 19, 2010

Ferguson Modular, a division of the Ferguson Group, specialists in the rental of accommodation and engineering modules to the offshore energy industry around the world, has invested $1.9m into the manufacture of new modules for the Norwegian market. The modules will be manufactured under NORSOK standards.

Commenting on the investment, Ferguson Modular’s Director of Business Development Gary Wilson said: “The NORSOK compliant modules have been manufactured to expand our rental fleet in Norway and will be available at the end of October through Ferguson Norge AS, our Norwegian division based in Tananger.

“The investment reflects our continued response to customers’ needs as well as our continued investment into our rental fleet, not only in Norway but in all our locations.”

The NORSOK standards are developed by the Norwegian petroleum industry to ensure adequate safety, value adding and cost effectiveness for petroleum industry developments and operations. NORSOK standards are as far as possible intended to replace oil company specifications and serve as references in the authorities’ regulations.