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Konsberg Extends Deliveries to OMAN

Maritime Activity Reports, Inc.

January 7, 2008

Spanish engineering contractor, Tecnicas Reunidas (TR), has placed an order for a Dynamic Simulation Study of critical depletion compressors with Kongsberg Maritime's Oil & Gas division Process Simulation & Optimization Business Unit. The USD600M Engineering, Procurement and Construction (EPC) contract was awarded to TR-Oman by Petroleum Development Oman (PDO) in 2006 with completion anticipated for Q2 2009. The scope of supply includes a series of compressors designed to increase output of gas and to ensure a more stable flow. Kongsberg Maritime, using its proprietary dynamic simulation tool ASSETT, will model a section of the plant. The study calls for the dynamic simulation of alternative conditions in order to optimize the compressor`s performance and will be performed in close collaboration with TR`s Ute Saih Rawl engineers in Madrid, Spain. Kongsberg Maritime's Oil & Gas division has supplied a range of Operator Training Simulators in the past to PDO.

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