2010-05-03 09:32:32 CEST

2010-05-03 09:33:23 CEST


REGULATED INFORMATION

Finnish English
Proha - Company Announcement

DOVRE CONTINUES TO ASSIST STATOIL IN PROJECT ADMINISTRATION CONSULTANCY


Proha Plc              Company Announcement          May 3, 2010 at 10:30 a.m. 


DOVRE CONTINUES TO ASSIST STATOIL IN PROJECT ADMINISTRATION CONSULTANCY
Dovre signed a long-term framework agreement with Statoil

Dovre Group AS was awarded a three-year framework agreement within Project
Administration Consultancy with Statoil ASA. The scope of work includes project
management, project control and supply chain management. 

Replacing the existing contract, the new agreement includes the project
management competence area in addition to project control and supply chain
management. Statoil has entered into several parallel agreements within the
scope. 

”Dovre is very proud of being reselected as a supplier to Statoil. We are
committed to continue to contribute professionally in Statoil's projects as
part of the team. Statoil is a leading corporation in the oil & gas sector and
is currently our largest customer in Norway. In order to develop our company
further, we focus on working with the industry leaders both in Norway and
internationally,” says Arve Jensen, EVP of Dovre Group Norway. 

Dovre has a long relationship with Statoil.  In 1984, Dovre delivered its first
consultants in Statoil's Mongstad project. Since then Dovre has assisted
Statoil in many of its demanding oil and gas projects, such as Gjøa, Snøhvit,
Norne, Troll and others. 


For further information, please contact:

Arve Jensen                                                      
Executive Vice President                           
Dovre Group AS                 
Mobile: +47 90 60 78 11                        
arve.jensen@dovregroup.com  

Ilkka Toivola
CEO
Proha Plc
Tel: +358 (0)20 436 2000
ilkka.toivola@proha.com


Dovre is a globally leading professional services company for the oil and gas
industry within project management, procurement and consulting. Dovre employs
over 350 professionals working in 14 countries throughout the world.  
www.dovregroup.com 

Dovre Group AS is part of Proha Plc's Oil & Gas Services division (NASDAQ OMX:
ART1V).