Maritime Business & Technology Summit Very Large Floating Platforms November 2011

Very Large Floating Platforms Industrial Installation Opportunities Power Generation Gas Treatment Plants Gas Liquefaction Cement Plants Refineries

Very Large Floating Platforms Historical Perspective Prior Installations

Very Large Floating Platforms Earliest Example 1942 Power Barge “Impedance” - 30 MW Steam Plant

Very Large Floating Platforms 1942 Power Barge “Impedance” - 30 MW Steam Plant 220 MW Combined Cycle Power Plant Largest CC RPP in the World – Installed at Mangalore, India 2001

Two 300’x 100’x 20’ Power Barges

Turbine Exhaust Duct

Turbine Tweaks

Nearly Finished – Signal Yard, Orange, TX

Pre-Launch – Signal Yard, Orange, TX

Leaving Corpus

Very Large Floating Platforms 1942 Power Barge “Impedance” - 30 MW Steam Plant Transport of Two 171 MW Power Plants From Texas to Venezuela

Afloat Venezuela

Very Large Floating Platforms 1942 Power Barge “Impedance” - 30 MW Steam Plant Installation of Two 171 MW Power Barges – Tacoa, Venezuela – 2011 World’s Largest Floating Power Generation Facility

Very Large Floating Platforms On The Drawing Board

Very Large Floating Platforms 30,000 BBL per day Gas to Liquids (GTL) Plant Production of Diesel from Gas

Very Large Floating Platforms 1200 Ton per day Gas to Methanol Plant Designed for Fuel Methanol Uses “Starchem” Process Technology (No Liquid Oxygen) Offshore Nigeria Installation

Very Large Floating Platforms Offshore Energy Facility Gas Liquefaction LNG Storage LNG Transfer Power Generation