Proha - Company Announcement

Dovre Group awarded a new frame agreement with Statoil within Technical Consultancy

Espoo, Finland, 2011-06-21 13:20 CEST (GLOBE NEWSWIRE) -- Dovre Group Plc      
          Stock Exchange Release                           June 21, 2011 at
2.20 pm 

Dovre Group awarded a new frame agreement with Statoil within Technical
Consultancy 

Norwegian subsidiary of Dovre Group has been awarded, together with its
partners MDE Consultants AS and Folk AS, a three-year frame agreement within
Technical Consultancy with Statoil ASA. The scope of work includes consultants
within the following technical disciplines: Health, Safety, and Environment
(HSE) technical, Mechanical technology, Automation technology, Electrical
technology, and includes also Life Cycle Information (LCI) management for these
segments. The value of the contract is not disclosed. 

“Dovre Group, together with MDE Consultants AS and Folk AS, is very proud to
have been selected as a supplier of Technical Consultancy to Statoil. We have
previously been involved in Statoil's large investment projects as a supplier
with frame agreements within project management, project control and supply
chain management, and are committed to continue working with Statoil in this
new role. Statoil is a leading international energy company and Dovre Group's
major customer both in Norway and abroad,” says Arve Jensen, EVP of Dovre Group
Norway. 

Dovre Group has a long and successful relationship with Statoil. In 1984, Dovre
Group placed its first consultants in Statoil's Mongstad project. Since then
Dovre Group has assisted Statoil in many of its demanding oil and gas projects
in the North Sea and internationally, such as Gjøa, Snøhvit, Troll, Valemon,
and Peregrino. 

“Traditionally, we have been strong in project management. The new frame
agreement offers us an opportunity to further expand our delivery to Statoil
within Technical Consultancy disciplines, which is in line with our growth
strategy,” says Ilkka Toivola, CEO of Dovre Group. 

For further information, please contact:

Dovre Group Plc

Ilkka Toivola, CEO

Tel. +358 (0)20 436 2000

ilkka.toivola@dovregroup.com

www.dovregroup.com



Dovre Group is a global provider of project management services and software.
Dovre Group consists of three divisions: Project Personnel, Consulting, and
Software. In 2010, the Group's net sales were EUR 71 million. Dovre Group
employs over 400 people serving clients in 21 countries worldwide. Dovre Group
is listed on the NASDAQ OMX Helsinki (symbol: DOV1V). 

MDE Consultants AS provide technical consultancy services to the global oil &
gas industry. More about MDE on www.mde.no 

Folk AS specializes in recruiting engineers and project personnel to the oil &
gas industry in Norway. More about Folk on www.folkas.com 



Released as press release on June 17, 2011.



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