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Press release

PXO AS (PXO) is proud to announce to have been awarded a contract from Aker BP ASA (Aker BP) for the development of a new solution for System Descriptions and Computer Based Training for the operation of the Yggdrasil area, which is now under development. PXO will develop an advanced system portal designed to initially handle System Descriptions and Training Material and with options for other functions. The solution will improve workflow for developing and maintaining governing operations information and introduce a new real-time based digital user interface.

Visco AS (Visco) will support PXO with the development of advanced digitized solutions based on real-time lifetime information and dynamic 3D animation solutions.

The award confirms PXO's position in the market in general, and with Aker BP in particular, as a supplier of governing documentation and related system solutions including System Descriptions, Operating Procedures and Training Material through application of new digital solutions.

For further details about PXO and Visco, see: www.pxo.no and www.visco.com

Says Leif Olav Moe, CEO of PXO: "We are looking forward to taking on an exciting project for Aker BP. The award represents another milestone for PXO and will further strengthen PXO´s services and market position."

PXO is a Norwegian company, with offices at Forus outside Stavanger, supplying industry-specific consulting services to the energy sector for improved integration of people, operations, production, maintenance and HSE - by applying digital solutions and "on site" field experience.

Visco is a Norwegian company with offices in Stavanger, improving communication within various industry segments using advanced interactive digital solutions based on historical and real-time information.

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Contact person:

Mette Solvik, VP Marketing & Operations Support