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Environmental breakthrough in Abu Dhabi

Maritime Activity Reports, Inc.

October 17, 2001

The Norwegian companies SAAS System and Aker Technology have received an order for the delivery of a system to prevent pollution from gas flaring on an oil field in Abu Dhabi. The contract is a breakthrough for SAAS and Aker Technology's commitment to becoming world leaders in different types of environmental technology.

The delivery includes a system which removes the demand for flaring at an oil plant in Abu Dhabi in the United Arabian Emirates UAE. Unnecessary flaring is still in use at oil and gas facilities all over the world. Using modern technology the same safety goal can be achieved without the pollution. The new agreement represents an important beginning to the work of reducing emissions of carbon dioxide and other harmful gases from oil activities in the United Arab Emirates, which is one of the world's largest oil exporters.

Under the turnkey contract the two companies will use a local company for installation work. Aker Technology and SAAS have worked together since 1997 on marketing systems which avoid the use of pollutive flaring at oil and gas facilities.

In a first stage one system will be delivered to the Abu Dhabi Company for Onshore Oil Operations, a subsidiary of the national oil company of the United Arab Emirates. SAAS, which has lead the marketing efforts, consider the opportunities for selling further systems around the Arabian Gulf to be good.

SAAS System AS is part of the Bjørge group, while Aker Technology AS is a subsidiary of Aker Maritime. The companies have previously collaborated on deliveries of environmentally friendly technology to the neighbouring country of Qatar.

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