DOVRE GROUP AWARDED CONTRACT FOR CONSULTANCY SERVICES WITH LUNDIN NORWAY


Espoo, Finland, 2016-03-21 14:00 CET (GLOBE NEWSWIRE) --
Dovre Group Plc                        Press release                    March 21, 2016 at 3:00 pm

DOVRE GROUP AWARDED CONTRACT FOR CONSULTANCY SERVICES WITH LUNDIN NORWAY

Dovre Group has signed a new contract for supply of Consultancy Services with Lundin Norway AS, a Norwegian company specialized in gas and oil exploration and development on the Norwegian shelf and a wholly-owned subsidiary of the Swedish Lundin Petroleum AB.

“Following a competitive tender process, we have signed a 4 year long agreement with option to further extend up to 8 years. We are very proud to win such a contract in the current market,” comments Arve Jensen, President of Dovre Group’s Project Personnel business area in Norway. “Our strategy is to help owners govern and manage their projects and operations by supplying high quality consultancy services. We have worked with Lundin for the last years and have had the privilege to experience the rapid and professional development of both the Edvard Grieg Field and Lundin Norway. This new contract will enable us to further develop our services together.”

For further information, please contact:

Dovre Group Plc
Arve Jensen, President, Project Personnel Norway
tel. +47-90-60 78 11
arve.jensen@dovregroup.com
www.dovregroup.com

Dovre Group is a global provider of project management services. Dovre Group has two business areas: Project Personnel and Consulting. Dovre Group has offices in Norway, Canada, the US, Singapore, South Korea, the UAE, Russia and Finland, and employs around 700 people worldwide. Dovre Group is listed on the Nasdaq Helsinki (symbol: DOV1V). Company web site www.dovregroup.com.

Lundin Norway AS was established in 2004 and carries out oil and gas activities on the Norwegian shelf. Lundin Norway is a wholly-owned subsidiary of Lundin Petroleum AB, which is listed on the stock exchange in Stockholm (LUPE). Lundin Norway is headquartered at Lysaker, Norway. Today, Lundin Norway employs about 300 full-time employees working in flexible, interdisciplinary project teams. Lundin Norway has accumulated a substantial portfolio on the Norwegian shelf since 2004 and currently has approximately 60 licences, half of which are operatorships. Lundin Norway has a very ambitious exploration strategy. Company web site www.lundin-petroleum.com.

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