Hallin Marine Subsea International Announcements

Hallin Marine Subsea International
17 July 2006

Monday 17th July 2006

Hallin Marine Subsea International plc

("Hallin Marine" "Hallin" or "the Company")

Hallin Marine Announces New Contract Award - US$1.1million

Hallin Marine, the AIM quoted provider of subsea solutions to the oil and gas
industry, announces the Contract Award for the provision of a Subsea
construction contract for Talisman Energy at the Bunga Raya Field, offshore
Malaysia.

At short notice Hallin has mobilised the DP1 vessel "The Mariner", operated by
Sealion and Survey and positioning equipment, Air Diving System, Workclass ROV
and specialist subsea personnel and operators to provide support of installation
of additional offshore platform piles. This activity is part of the Water
Injection Development of the Talisman offshore installation with works expected
to be completed by end of July 2006.

John Giddens, Chief Executive of Hallin Marine, said:

"We are pleased to win our first contract with Talisman Energy in Malaysia. The
speed that we have mobilized this complex package demonstrates our
professionalism and expertise as a marine and subsea contractor.

"Talisman Energy is expanding its scope in the SE Asia region and we are pleased
to be working with them once again and supporting their offshore operations in
these works, which are to be carried out are in Talisman's Bunga Raya Field
offshore Malaysia."

Enquiries:

Hallin Marine 020 7457 2020
John Quinn

College Hill 020 7457 2020
Nick Elwes / Paddy Blewer
www.hallinmarine.com.

Notes to Editors

Hallin Marine was formed in 1998 to provide high quality marine and underwater
services to the offshore industry, particularly in support of Oil & Gas
development. It has grown from a US$1 million turnover company in its first year
to a US$26 million turnover company in 2005. Hallin Marine was admitted to AIM
in April 2005.

The Company is an experienced provider of subsea construction and inspection
solutions. It employs experienced subsea engineering staff to manage projects
using: support vessels, saturation diving systems, air/mixed gas diving spreads
and remote operating vehicles. The Company owns all its principal equipment,
including the diving systems. Hallin's expanding operations cover the South East
Asia, India, China and Middle East regions. In February 2006, Hallin announced
the formation of a wholly owned UK subsidiary targeting business in the North
Sea.

Typically the work undertaken by the Group comprises the installation,
construction maintenance, repair or survey of equipment on the seabed. Most of
the projects are planned well in advance and Hallin's role is that of a key
contractor, normally working as part of a larger team. The largest projects may
take two or more years from decision to go ahead to the stage where divers
actually enter the water. Hallin provides clients with safe, professional and
cost effective solutions by combining innovative approaches and new technology
with time proven techniques.
This information is provided by RNS
The company news service from the London Stock Exchange