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2 August 2016

For further information, please contact:

Endre Johansen, Corporate Communications AS
Telephone: +47 41 61 06 05
Email: endre.johansen@corpcom.no

About ABL Group ASA

ABL Group (OSE: ABL Group ASA – ticker code “ABL”) is a leading independent global consultancy delivering energy, marine, engineering and digital solutions to drive safety and sustainability in renewables, maritime and oil & gas sectors. The group has offices in 39 countries worldwide and operates under four brands: ABL, OWC, Longitude and AGR.

Offshore Wind Consultants wins export cable consultancy contract

2 August 2016 – Offshore Wind Consultants Limited (OWC) has been employed by Transmission Capital Services Limited (TCS) to provide technical consultancy services on contingency planning and other services relating to the OFTO assets managed by TCS.

TCS manages six OFTOs, namely TC Barrow OFTO Limited, TC Gunfleet Sands OFTO Limited, TC Ormonde OFTO Limited, TC Robin Rigg OFTO Limited; TC Lincs OFTO Limited; and TC Westermost Rough Limited.

OWC’s scope of work includes preparation of cable repair and maintenance strategies for the six TCS managed assets, development of contract strategies for future maintenance contracts and the preparation of specification and tender packages for the supply of services under the above mentioned maintenance contracts. OWC will also develop detailed employer’s requirements for cable repair operations in different water depths and for different cable types.

“Our focus will be contingency planning that allows an effective response as well as timely and cost effective remediation to any arising issues around cable maintenance, repair and ongoing robustness and integrity. This is one of our core competences, and we are very pleased that Transmission Capital Services Limited has recognised this,” says Ian Bonnon, managing director of OWC.

“Latest data from the insurance industry suggest that cable issues currently represent circa 80% of claims by volume and circa 75% of value in offshore wind. Our personnel have over 20 years’ experience of installation and protection of subsea cables in offshore wind. This is augmented with a deeper experience in subsea cables reaching back to the mid-1980s. Whether our clients are developers constructing the transmission assets or OFTOs reviewing for transaction or maintaining the asset; OWC are providing the expert support which is required,” Bonnon adds.

Offshore Wind Consultants is a globally focused consultancy providing independent services to the offshore renewables industry.