Aibel Singapore June 2011

Aibel Singapore June 2011

Aibel Singapore Established in May 2007 Aibel Singapore offers the full range of project management, engineering, procurement and construction services for international offshore and onshore oil and gas projects. Fully owned by Aibel AS and part of the Resources unit of Aibel AS Current Office space about 1950 sq m located at The Gemini, Science Park II. Designed to acommodate 315 personnel Office space for total of 600 persons being secured in Gemini. 2

Aibel Singapore - Scope of Services Hydrocarbon discovery Feasibility/ Concept studies FEED Engineering Construction MMO Decommissioning Aibel value chain in oil services Concept Studies Front End Engineering & Design (FEED) System and area (detail) engineering Procurement Fabrication System Completion (MC & Commissioning) Core market segments International Operators FPSO shipowners 3

Singapore Organization 4

Engineering - Organization R. Venkat Aibel AS Level 4 Engg & Study Management R.Venkat System Engg & Design Premises Suresh S System and Area Engg Instrumentation M Srinivas System & Area Engg Electrical Srinagesh Rao Area Engg Piping & Layout S. Vetrichezhiyan Area Engg Struct, Marine & Arch V. Venkat Eng for Proc. & Operation Vasant Kulkarni Staff Function/Stabsfunksjon Business Unit/Forretningsenhet Resource Unit/Ressursenhet Process Owner/Prosessansvarlig 5

Engineering Software and Design Codes Process Piping HYSYS Process Simulation PDMS Plant 3D Modelling PRO II Process Simulation PDS Plant 3D Modelling Flarenet Flare System Design Caesar II Piping Stress Analyss Inhouse Spreadsheets Triflex Piping Stress Analysis Technical Safety Pipenet Hydraulic Analysis Mechanical PV Elite Visual Vessel Pressure Vessel Design Pressure Vessel design Instrumentation IN Tools Instrument Specs Inhouse Spreadsheets PCS Loop Electrical EDSA CABsys Electrical Systems Design Electrical Systems Detailing Structural SACS Offshore Structural Analysis STAAD PRO Structural Analysis SESAM Offshore Structural Analysis MATHCAD Structural Calculations Inhouse Spreadsheets General Proarc Document Management EIS Engineering Database Design Codes ISO Standards, API, ASME, ASTM, DnV, Eurocode, NORSOK, PED 6

Staff Category Profile Singapore Engineering Staff Category Profile 4% 3% 29% 9% 6% 27% 22% Discipline Heads Engineers Sr Engineers Lead Engineers Designers Sr Designers Lead Designers 7

Staff Experience Profile Singapore Engineering Staff Experience Profile 22% 25% 14% 1 to 4 years 5 to 9 years 10 to 14 Years Above 15 years 39% 8

Staff Education Profile Educational Qualifications 15% 3% 13% Diploma Degree Master Others 69% 9

Projects Executed and under Execution FPSO Topside FEED 10,000 hours Greater Ekofisk Modification Conoco Philips 160,000 hours Statoil Troll-Sleipner Modification Statoil 65,000 hours. Snorre Topside Robustness Statoil 30,000 hours Gudrun Topside Statoil 150,000 hours V&M 2010 Modifications Statoil 200,000 hours per year Visund Sor Tie In Project Statoil 20,000 hours Skuld Modification Project Statoil 20,000 Hours 2010 10

Manpower Capacity Discipline Head Engineers Sr Engineers Lead Engineers Designers / Tech Staff Actual as on June 2011 Planned for Dec. 2011 Process 1 4 3 1 2 11 18 Mechanical 1 6 4 1 0 12 15 Electrical 1 9 5 3 11 29 27 Piping 1 20 18 1 73 113 124 Safety 0 3 1 2 0 6 7 Instrument 1 11 12 1 7 32 44 Structural 1 4 24 7 32 68 72 PDMS Admin 3 3 4 Engg Management 1 2 3 5 DCC 3 3 4 Total 6 58 70 18 128 280 320 11

Singapore Office Strengths High quality Multi Discipline Engineering fully experienced in International and Norwegian Rules and Regulations. Fully self sufficient and responsible for ensuring quality. Accurate deliverables on time, every time and within budget Open to continuous improvement, embrace new technology. Flexible to handle small, medium and large projects. Proven track record within MMO Projects. Fully experienced with split location project execution. 12

Singapore ISO Certification 13

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