Eidesvik Offshore ASA ("Eidesvik" or the "Company") is pleased to announce that it, together with Agalas and Reach Subsea, has entered into an agreement to build a new Construction Support Vessel (CSV). The newbuild will be equipped to perform inspection, maintenance and repair (IMR) work and is of a similar design as the vessel the Company currently has under construction together with Agalas at the Sefine Shipyard in Turkey. This new vessel will also be built at the Sefine Shipyard.