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Elevating Support Vessel (ESV™) operations update

REMEDIAL OFFSHORE COMPLETES TESTS, PREPARES ELECTRICAL SHIPMENT

Remedial Offshore (Remedial Cyprus PCL) has completed testing the medium-voltage (4160v) switchgear and circuit-protection systems for the Company's first Elevating Support Vessel. The tests were conducted in Houston prior to shipping the equipment to China, where the first-ever ESV™ unit is under construction at COSCO (Nantong) Shipyard.


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For further information, please contact:
Greg Salerno, VP-Corporate Media,
phone: +1 281 227-3121

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