GE Oil and Gas awarded StatoilHydro Subsea Operations Services contract

Notes and media contacts

About GE Oil & Gas:

GE Oil & Gas is a world leader in advanced technology equipment and services for all segments of the oil and gas industry, from drilling and production, LNG, pipelines and storage to industrial power generation, refining and petrochemicals. We also provide pipeline integrity solutions, including inspection and data management. As part of our 'Innovation Now' customer focus and commitment, GE Oil & Gas leverages technological innovation from other GE businesses, such as aviation and healthcare, to continuously improve oil and gas industry performance and productivity. GE Oil & Gas employs more than 12,000 people worldwide and operates in over 70 countries.

About StatoilHydro:

StatoilHydro is an integrated technology-based international energy company primarily focused on upstream oil and gas operations. Headquartered in Norway, the company has more than 30 years of experience from the Norwegian continental shelf, pioneering complex offshore projects under the toughest conditions. The company's culture is founded on strong values and a high ethical standard. The aim is to deliver long- term growth and continue to develop technologies and manage projects that will meet the world's energy and climate challenges in a sustainable way. StatoilHydro is listed on NYSE and Oslo Stock Exchange.

For more information, contact:

Susan Parker
PR Account Manager
Fifth Ring
Integrated Corporate Communications
t: +971 4 372 0100
d: +971 4 372 0154
f: +971 4 332 4898