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BP Amoco Grants Project To Coflexip Stena Offshore

Maritime Activity Reports, Inc.

March 9, 2000

Coflexip Stena Offshore has reported that its Norwegian entity, CSO Norge, has received a letter of intent from BP Amoco for engineering, construction and installation works to support the development of its Tambar Subsea field offshore Norway, located in the block 1/3 in 70 m of water. The contract calls for the engineering, construction and installation of 16km of eight-inch 13 percent chrome rigid pipe between the Ula and Tambar platforms. A CSO Group spoolbase will fabricate the rigid pipe, while the installation will be performed by CSO Apache during Spring 2001.

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