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Kværner Yard to Upgrade H-6e Offshore Drill Rig

Maritime Activity Reports, Inc.

July 15, 2014

Norway's Kværner ASA informs that the  H-6e drilling rig 'Transocean Barents' will arrive Kvaerner's facilities at Stord this week for a two month yard stay. The main purpose of the stay is the five year classification of the rig, as well as upgrade and modification work.

When the rig arrives, it will first spend a couple of days in the fjord outside Kvaerner's Stord facility. Once quayside, the campaign is expected to last for approximately two months. After the inshore work, there will be a short period of sea trials in Klosterfjorden.

The Transocean Barents is an Aker H-6e sixth generation dual activity dynamically-positioned semi-submersible drilling rig designed to operate in harsh environments and water depths up to 10 000 feet.

The rig was one of two drilling platforms of the H6-e design delivered from Stord in 2009. The twin rigs, Transocean Barents and Transocean Spitsbergen, have become known as state-of-the-art drilling rigs with high and stable performance.

Kvaerner adds that in 2012 Transocean Barents made the Havis discovery in the Barents Sea. Recently, it made yet another discovery on OMV's operated Hanssen exploration well in the Barents Sea.

About Kvaerner
Kvaerner is a leading provider of engineering, procurement and construction (EPC) services, and delivers offshore installations and onshore plants for upstream oil and gas production around the world.

www.kvaerner.com

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