Northern Offshore

Northern Offshore Ltd. was created in July 2000 and reorganized into its current form on June 2, 2005 when a new Board of Directors was elected. The company was listed on the Oslo Stock Exchange in September 2007 and trades under the symbol "NOF". The company currently owns four drilling units operating in South Asia, the North Sea, West Africa and one floating production unit operating in the Northern U.K. North Sea. In addition, the Company has two high spec LeTourneau Super 116E jackups under construction with options for two more. With this solid roster of equipment and a thirst for opportunity, NOF's objectives are to grow the company while continually meeting or exceeding the expectations of our customers and shareholders. The company has regional offices in Aberdeen, Scotland and Singapore. The corporate office is located in Houston, Texas.