Eidesvik Offshore ASA ("Eidesvik") has been awarded a time charter with Siemens
Gamesa Renewable Energy GmbH & Co. KG ("Siemens Gamesa") for the SOV Acergy
Viking. The contract will commence in direct continuation of the current
contract extending the firm period until end January 2027.
 
Jan Fredrik Meling, CEO & President, commented: "Our relationship with Siemens
Gamesa began in August 2016, and we are proud of the award effectively extending
the relationship further to at least 2027. I view this as a significant
compliment to the services provided  by our personnel offshore as well as
onshore. We are very pleased to again prove our ability to build long term
relationships with our clients. This contract award underpins our ambitions in
offshore wind and will further strengthen our position in this important and
growing market."

Simon Werner, Senior Fleet Manager at Siemens Gamesa comments: "We are pleased
to extend our relationship with Eidesvik. With the upgrades included in the
contract extension, Acergy Viking will be even better able to meet our
operational demands and help us further increase efficiency in our Offshore
Service operations, thereby enabling us to deliver enhanced value for our
customers and achieve cost efficient wind energy solutions for everyone." 

Bømlo, January 15, 2021

Contacts:
Jan Fredrik Meling, CEO, phone no: +47 91 67 51 19
Tore Byberg, CFO, phone no:        +47 47 50 90 12


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

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