Contract award

Specialised underwater robotics technology is to be developed and offshore subsea operations provided by Stinger

Technology AS under a contract awarded by Dong Energy. This assignment includes
environmental sampling and inspection inside the Siri platform’s oil storage
tank. Engineering and planning starts in March, with offshore campaigns planned
for this summer and autumn.

Siri is located in block 5604/20 in the

north-western part of Denmark’s North Sea sector, about 220 kilometres from the
Danish coast. The Siri platform came on stream in 1999. DONG Energy is 100%
licence holder of the Siri licence. The
Siri platform is also host for the nearby Nini, Nini East, Cecilie and Stine
fields. The storage tank measures 50 x 66 metres and is 17.5 metres high, with
a designed storage volume of 50 000 cubic metres. It is split internally into
16 compartments, some of which are only accessible through a 10-inch jumper
pipe.

For more information, please contact:

Bjarte Langeland, CEO Stinger Technology AS, M: +47 915 71 819, E: bjarte@stinger.no