Eidesvik Offshore ASA ("Eidesvik") has been awarded a contract with Havfram AS
("Havfram") for the CSV Viking Neptun.

The contract will commence early January 2022 with a firm period towards the end
of 3rd Quarter 2022. In addition, Havfram has been granted options for further
extension.

Viking Neptun is an advanced construction vessel built for servicing the SURF
(Subsea, Umbilical, Riser and Flowlines) market. The vessel is equipped with
state of the art hybrid technology to ensure reduced emissions. Jan Fredrik
Meling, CEO & President said in a statement: 

"We look forward to continuing our good cooperation with Havfram and welcome our
clients' increasing focus on environmentally friendly vessel solutions. This
trend is fully aligned with Eidesvik's long-term dedication to pioneering new
emissions reducing technologies onboard our vessels. The combination of these
technologies and our seafarers ability to operate the vessels in a safe and
efficient manner, is becoming increasingly important to secure new work for our
vessels."

Bømlo, July 16, 2021

Contacts:
CEO Jan Fredrik Meling (+47 916 75 119)
CFO Tore Byberg (+47 475 09 012)


This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

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