Cal Dive And Fugro Join Forces For Toisa Paladin Charter

Fugro TSM, headquartered in Perth, Western Australia and responsible for managing Fugro’s contribution to the alliance, is a subsea contractor offering a range of services to the oil and gas and marine industries. Operating globally they provide an integrated service to customers providing dynamically positioned vessels, subsea equipment, personnel, engineering and innovation to deliver unique subsea solutions in intervention, construction, decommissioning and abandonment.

This press release may include “forward-looking” statements that are generally identifiable through the use of words such as “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate,” “project” and similar expressions. The forward-looking statements speak only as of the date of this release, and the Company undertakes no obligation to update or revise such statements to reflect new information or events as they occur. These statements are based on a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company. Investors are cautioned that any such statements are not guarantees of future performance and that actual future results may differ materially due to a variety of factors, including intense competition in the Company’s industry, the operational risks inherent in the Company’s business, and other risks detailed in the Company’s most recently filed Annual Report on Form 10-K.

Copyright Business Wire 2010

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