Production capacity restored on Alvheim FPSO

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Reference is made to the stock exchange notice dated November 24, 2015 regarding reduced production capacity at the Alvheim FPSO.

The high voltage drive motor for one of the gas compressors has successfully been replaced and the production capacity at the Alvheim FPSO has been restored, ahead of plan.

Det norske oljeselskap ASA is the operator of the Alvheim FPSO with 65% working interest.

Contacts:
Investor contact: Jonas Gamre, VP Investor Relations, tel.: 47 971 18 292
Media contact: Rolf Jarle Brøske, SVP Communications, tel.: 47 911 12 475


About Det norske:

Det norske is a fully-fledged E&P company with exploration, development and production activities on the Norwegian Continental Shelf (NCS). We are building one of Europe’s largest independent E&P companies.

Det norske is the operator of the producing Alvheim field and for the Ivar Aasen field development. In addition, the company is partner in the Johan Sverdrup field. Det norske has an active exploration programme on the Norwegian shelf and an ambitious strategy for growth.

Det norske’s headquarters are located in Trondheim, with branch offices in Stavanger, Oslo and Harstad. Det norske is listed on Oslo Børs with ticker ‘DETNOR’. More about Det norske at www.detnor.no/en/.

This information is subject to disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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