Reference is made to the press release 16.12.2022 relating to the contract award
by Aker BP for the provision of accommodation services to the Valhall PWP -
Fenris project which was subject to Aker BP obtaining plan for development and
operations (PDO) approval from Norwegian authorities.  
Jacktel AS has now formally received confirmation from Aker BP that they have
received the required PDO approval from Norwegian authorities. The contract will
commence 2Q 2026 and has a firm duration of 15 months. As part of the contract,
Jacktel AS has granted Aker BP options to extend the contract by up to 6 months.

Jacktel AS is the owner of the accommodation Jack Up Haven, one of the most
environmentally friendly accommodation rigs in the North Sea. 

Jacktel AS is listed on NOTC with Macro Offshore as its commercial and technical
manager.

Sandnes, 12 July 2023.

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