OCEAN EDGE SERVICES AND HITEC PRODUCTS FORM STRATEGIC ALLIANCE

Experienced Oil Services Executive Appointed to Steer Goal of Business Expansion

Stavanger, Norway, April 2, 2019 — Hitec Products AS announced today the formation of a strategic alliance with US firm Ocean Edge Services, Inc. (OES), an established Oil & Gas service company in the US. The agreement leverages the two companies’ respective strengths in providing subsea and topsides products and services.

“I have been familiar with the production and build quality of Hitec systems for almost 20 years,” said Raouf Hadad, COO of Ocean Edge Services. “Hitec manufactures to a superior standard, and we are proud to offer, provision, and support these systems for our clients.”

The arrangement will enable the companies to better support their customers with cost-effective, state-of-the-art, turnkey solutions from FEED to life-of-field support. Systems targeted in the initial phases of the agreement include Hydraulic Power Units, Workover Control Systems, Wellhead Control Systems, Chemical Injection Systems, and additional controls, automation, and test equipment.

“We are excited to partner with Raouf and Ocean Edge Services,” noted Tor-Atle Deisz, CEO of Hitec Products. “In our principal manufacturing and assembly facilities in Norway, we have over 80,000 square feet of workshop space and are building the finest systems on the market. We look forward to new installations and continued support in the US and the Americas.”

About Ocean Edge Services

Ocean Edge Services, Inc. (OES) is a US based service company that provides flexible offshore and onshore solutions to oil & gas industry clients and partners. ISO 9001 and 14001 certified, OES offers custom-engineered packaged units, automation and controls, and field services ranging from leasing and general maintenance to offshore completion and installation. Ocean Edge Services is headquartered at 6720 Theall Road, Houston, Texas 77066. To contact, telephone +1 (832) 604-7245, or email contact@oceanedgeservices.com. Visit the website at http://oceanedgeservices.com.

About Hitec Products

Hitec Products AS is a world-class supplier of control systems, automation, mechanical skid and packaged systems and modules for the oil & gas, maritime and energy & utilities industries. With more than 1,500 systems installed globally, Hitec specializes in design, engineering, and construction for the upstream, midstream, and downstream markets, including subsea, topsides, and onshore oilfield facilities. Hitec Products can be contacted at Ljosheimvegen 1, 4050 Sola, Norway; +47 51 20 24 00; https://hitecproducts.no; and email to mail@hitecproducts.no.