James Fisher wins contract for Total

Monday 1 July 2013

James Fisher and Sons plc (FSJ.L)

James Fisher wins contract for Total

Strainstall selected to supply Total with critical mooring monitoring solution

James Fisher and Sons plc today announces that its subsidiary Strainstall Limited ("Strainstall") has been awarded a contract through Hyundai Heavy Industries to provide Total with an Integrated Marine Management System for their Moho Nord Tension Leg Platform ("TLP") destined for installation off the Congolese coast in West Africa.

Strainstall's specialist, high reliability subsea load cell technology, combined with its extensive marine systems integration experience, will provide Total with a comprehensive mooring monitoring solution for the Moho Nord TLP that is critical to production and safety. This multi-million dollar contract, to be completed over the next year, further reinforces Strainstall's market leading position in the TLP mooring monitoring market.

Nick Henry, Chief Executive Officer of James Fisher and Sons plc said:

"We are delighted that Total has selected Strainstall for this contract as it further demonstrates Strainstall's leadership in specialist load cell technology and marine mooring systems. With offshore structures becoming larger and more complex, effective monitoring is increasingly critical to these high value oil and gas assets. The information Strainstall gathers is essential to enable certain operations, such as drilling, to proceed safely. This latest award, together with recent selection by Shell for the Prelude project, continues to build on Strainstall's international reputation for providing unrivalled expertise to some of the world's most demanding offshore projects."

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