Divestment of 51% of Island Offshore Subsea AS (NO) to TechnipFMC (UK) by Island Offshore Group (NO) — Amount not disclosed

Carnegie acted as a financial adviser to Island Offshore Group in the divestment of 51% in Island Offshore Subsea to TechnipFMC. Island Offshore Group operates a modern and versatile fleet of 25 advanced and high quality service vessels for the offshore oil industry. TechnipFMC is a global leader in subsea, onshore/offshore, and surface projects. March 2018.