PRESS RELEASE 16-10-2015

Consilium increases focus on the offshore industry in Norway

Consilium opens office in Norway's 'oil capital' Stavanger for the marketing of fire alarms to the offshore industry in Norway. Consilium is also launching a newly developed fire alarm according to the SIL2 standard, specifically designed for offshore applications.

Consilium opens office in the Norwegian city of Stavanger as part of its focus on fire alarms for the offshore industry. Stavanger is a base for the Norwegian oil industry and proximity to customers therefore make the city a natural choice for Consilium to establish themselves in. The establishment will initially be supported by Consilium's offices in Oslo and Gothenburg. As operations in Stavanger develop, the idea is that it will include sales as well as project management, service and support.

- The offshore industry is an interesting market for Consilium to develop. Despite the temporary downturn in the offshore industry we see that Consiliums solutions, that are flexible and possible to escalate, can create value for the operators. Norway has some of the most stringent requirements in the world within the offshore sector. By establishing ourselves here, we demonstrate that we meet high quality and safety requirements, says Trygve Andersen, Managing Director of Consilium Norway A/S.

Fire alarm according to SIL2 standard
Consilium is one of the world's leading suppliers of fire alarm systems for marine environments. The company has spent several years developing a new fire alarm, CFD 5000, designed specifically for offshore applications, such as oil platforms, refineries and floating support units. The fire alarm is designed to meet high demands for reliability and quality. It is in the final phase of its SIL2 certification and hardware as well as software is developed in close cooperation with the certification body TÜV NORD.

In addition to high reliability and quality the fire alarm is designed to be cost effective in both the deployment and operational phases. This allows Consilium to support the oil industry's efforts to reduce its costs.

- When installing our fire alarm, it is possible to use the existing cable installation in the object where the installation will take place, which could mean significant cost reductions. The high quality of our fire alarm system also makes it possible to extend the interval for the mandatory testing of the system that needs to be carried out regularly, which also means cost savings, says Trygve Andersen.

For further information, please contact:
Consilium Norway A/S
Trygve Andersen
Karihaugveien 89
NO-1086 Oslo
Norway

Tel: +47 22 30 90 30
Mobile: +47 98261620

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