Dockwise Awarded Contract for Transportation and Installation

August 10, 2007

Dockwise Ltd has been awarded the transportation and installation assistance contract of the OFP2 Topsides by Technip for the OFON Phase 2 project in Nigeria, field operated by Elf Petroleum Nigeria Ltd on behalf of the Nigerian National Petroleum Corp/Elf Petroleum Nigeria Ltd joint venture. The value of the float-over contract is in excess of $15m.

The transportation and installation assistance work will be executed by Dockwise s open stern vessel Transshelf. The work is scheduled in 2010 for a period of 4 to 5 months.

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