Date: 2 September 2009

GC RIEBER SHIPPING - PRESENTATION MATERIAL FOR PARETO`S OIL & OFFSHORE CONFERENCE 2009


Please find enclosed a presentation which CEO Sven Rong and CFO Hans Petter Klohs will present at Pareto's Oil & Offshore Conference 2009, today 2 September 2009 at 15.15.

The presentation material  will also be available on the company's website www.gcrieber-shipping.no.
The presentation material will be available in English only.
 
For further information, please contact:
 
CEO Sven Rong, phone +47 55 60 68 18, or +47 90 55 49 52
CFO Hans Petter Klohs, phone +47 55 60 68 24, or +47 90 75 05 26

 
 
About GC Rieber Shipping
GC Rieber Shipping's business in the offshore/shipping segment includes ownership of specialized vessels, high quality marine ship management, project development and industrial portfolio management within the offshore subsea, ice research and support and marine seismic segments. The company has a unique competence within offshore operations in harsh environments, as well as design, development and maritime operation of seismic vessels. Strategic investments in the value chain have added considerable know-how and experience to the company in terms of offshore subsea and marine seismic operations.
 
GC Rieber Shipping owns and operates seven advanced multifunctional special purpose vessels for defined markets within offshore subsea, ice research and support as well as the marine seismic segment. Through a joint venture company of which GC Rieber Shipping owns 51%, the company has contracted three new offshore vessels for delivery in 2009/2010. The company's strategic value chain investments include the subsea contractor Technocean (58 % stake), Octio Group, which specializes in permanent monitoring of oil fields (60 % stake) and the geotechnical company Bluestone Offshore (60 % stake). The company is also in charge of the ship management of ten seismic vessels owned by PGS, CGGVeritas and Fugro, as well as project management and building supervision for three advanced seismic new builds for PGS.
 
The company is headquartered in Bergen, Norway, with ship management offices in Sevenoaks (England), Singapore and Yuzhno-Sakhalinsk (Russia) for international representation. The company is listed on Oslo BÝrs with the ticker RISH. Additional information is available on the company's web site www.gcrieber-shipping.no.
 

Presentation RISH_ Pareto Oil and Offshore Conference 2009