Jacktel AS, a wholly own subsidiary of Master Marine AS, has won a contract for Mærsk Oil and Gas for the use of the accommodation jack-up “Haven” offshore Denmark. The contract has a duration of 6 months and commences on or around 1 October 2015. The client is responsible for towage of the unit to and from location from a port on the south coast of Norway.

Total value of the contract is about USD 14 million for up to 150 company personnel on board. Mærsk has the option to utilize up to 400 beds, in which case an incremental amount per bed utilized above 150 beds will be payable.

Master Marine is the provider of safe, efficient and comfortable accommodation services, and is the owner of the world’s largest and highest spec accommodation Jack Up.

Investor relations:
Thomas Eik Gabestad
Director, Jacktel AS and Managing Director & CFO, Master Marine AS

Bjørn Eie Henriksen
Chairman Jacktel AS and Master Marine AS
Tel: +47 94 13 04 32