1. 1 www.xodussubsea.com 1 Subsea engineering without limits Presenter / date if required

2. 2 Xodus Subsea Xodus Group Business Units

3. 33 What is Xodus Subsea Xodus Subsea Xodus Subsea is a global subsea engineering company founded by three unique organisations, each an internationally recognised specialist in their field.

4. 4 Xodus Subsea What is Xodus Subsea? A leader in the oil & gas industry with distinctive capabilities in the execution of turnkey Engineering, Procurement, Construction and Installation (EPCI) projects. >Global reach with presence in more than 60 countries and a multi-local emphasis >1000+ engineers with extensive knowledge of risers, deepwater projects and advanced technology An independent, international energy consultancy providing integrated engineering solutions in the offshore oil & gas and renewable industries, including conceptual definition, design, construction and operation. >700+ engineers >Renowned front-end experience >Seamless integration with Xodus Group experts e.g. process and facilities, flow assurance A world-leading engineering company, providing a wide-range of services in the fields of energy, chemicals, petrochemicals, industrial facilities and others, and having a global position in LNG production facilities. >PM experience of mega projects >Strong relationship with IOCs and Japanese E&P companies >Strong reputation in the Middle East and South East Asia >Financial and commercial strength

5. 55 Our Purpose Xodus Subsea We believe in a culture that's driven by passion, honesty and collaboration. Where our focus on people and relationships cultivates a dependable, empowered and innovative engineering team. We are committed to helping our clients succeed. We do this by truly understanding their drivers and technical challenges. We bring a rigorous approach to systems engineering, motivated by a desire to create value.

6. 6 Xodus Subsea Why Choose Xodus Subsea? Increased Scale 200 dedicated engineers Access to 1000+ multi- disciplined engineers from our partners Global Reach 8 engineering hubs 18 total locations EPCI Experience Bringing real cost, schedule and construction experience to the front-end Enhanced Technical Capability Full deepwater engineering capability Advanced subsea technologies

7. 77 Phases of a Development – Where we sit Xodus Subsea Concept Xodus Subsea FEED Xodus Subsea Project Management Consultancy Xodus Subsea E Xodus Subsea PCI Saipem / others

8. 8 Xodus Subsea Organisation Technical Director GM Africa & Mediterranean GM Americas GM Middle East & Asia Pacific GM Europe Operations Director Operations Managers / Engineering Managers Engineering Discipline Leads Discipline Engineers Business Support Finance HR IT Marketing & Communications Facilities Management Managing Director Corporate Planning Manager Project Controls Manager

9. 99 Services – Development Xodus Subsea Development Working independently or with our partners to bring: > Multidisciplined front-end capability > Extensive engineering and construction experience and a proven track record in deepwater, export systems and advanced technologies > Dependable cost and schedule estimation > Feasibility studies > Practical determination of field architecture > Concept development and selection > No nonsense know-how. Explore Appraise Select DefineExecuteOperate

10. 10 Services – Projects Xodus Subsea Development Projects Capability to perform FEED, Detailed Design, Product Delivery and Project Execution Support across the board with particular experience and strength-in-depth for: > Project Management > Pipelines, trunklines and export systems > Subsea processing > Deepwater engineering > Riser systems Giving confidence to our clients with an unrivalled bench strength, robust processes and financial credibility ExploreAppraiseSelectDefine Execute Operate

11. 11 Services – Consultancy Xodus Subsea Consultancy Development Projects Lifecycle consultancy support in: > Subsea integrity management > Riser systems > Pipeline systems > Instrumentation and controls > Flow assurance > Materials selection > Structural design > Geotechnical > Offshore data collection campaigns > Pre-commissioning and commissioning > Decommissioning Explore Appraise Select Define Execute Operate

12. 12 New Technology Xodus Subsea Consultancy New Technology Development Projects Working with partners to support the development of new technologies, Xodus Subsea provides extensive knowledge in: > Subsea processing > Deepwater > Riser systems > Open source systems > Flow assurance > Technology maturity assessment and selection We help our clients to manage the risks and opportunities of implementing new technologies at the front-end, and to optimise their field developments and operations. Explore Appraise Select Define Execute Operate

13. 13 Xodus Subsea Regional Structure Middle East & Asia Pacific Americas Africa & Mediterranean Europe

14. 14 Xodus Subsea Global Reach Europe London Aberdeen Oslo Africa / Mediterranean Paris Fano Americas Houston Middle East & Asia Pacific Dubai Perth Engineering Hubs Local Presence Future Offices

15. 15 Xodus Subsea Global Reach Europe London Aberdeen Oslo Stavanger Moscow Africa / Mediterranean Paris Fano Lagos Angola Congo Mozambique Egypt Americas Houston Rio Middle East & Asia Pacific Dubai Perth Yokohama Kuala Lumpur Engineering Hubs Local Presence Future Offices

16. 16 Xodus Subsea Global Reach Europe London Aberdeen Oslo Stavanger Moscow Africa / Mediterranean Paris Fano Lagos Angola Congo Mozambique Egypt Americas Houston Rio Mexico Middle East & Asia Pacific Dubai Perth Yokohama Kuala Lumpur India Engineering Hubs Local Presence Future Offices

17. 17 Case Studies Xodus Subsea EuropeAfrica & MediterraneanAmericasMiddle East & Asia Pacific Jordbaer (Knarr) Concept Select / Pre-FEED Catcher Area Development Subsea FEED Western Isles Project Development

18. 18 Xodus Subsea Case Studies EuropeAfrica & MediterraneanAmericasMiddle East & Asia Pacific Scope >Concept select and pre-FEED >Topsides process and facilities design >FPSO hull/moorings design >Subsea pipeline design and riser analysis >Flow assurance of production system >Materials and corrosion selection >Control system design >Safety studies and preliminary QRA >Environmental engineering and BAT assessments >CAPEX estimation. Features >North Sea cross-border gas export system tie-in expertise >Integrated team including inter-office and inter-company >Specialist knowledge of materials and corrosion mechanisms >Application of practical subsea construction techniques. Jordbaer (Knarr) Concept Select / Pre-FEED Client: BG Norge Location: Norwegian Continental Shelf Awarded: November 2009 Man-hours: 25,000

19. 19 Xodus Subsea Case Studies Scope >Flow assurance >Pipeline mechanical and structural design >Materials and corrosion assessment >Design and specification of pipelines and tie-in systems >Design review and validation analysis of riser systems >Control system and umbilical design >EPCI cost estimate >Execute support during EPCI phase. Lessons learned >Three FPSOs and three riser systems catered for during FEED >Large number of risers and relatively shallow water depth led to challenging riser design >Well count, well designations and riser quantities changed during FEED requiring rework >Multiple third party operator crossings along gas export route with tie into existing third party infrastructure. Catcher Area Development Subsea FEED Client: Premier Oil Location: UKCS Awarded: 2013 (ongoing) Man-hours: 19,000 Africa & MediterraneanEuropeAmericasMiddle East & Asia Pacific

20. 20 Xodus Subsea Case Studies Scope >Flow assurance >Pipeline mechanical and structural design >Design and specification of flowline and pipeline and tie-in systems >Dynamic analysis of the flexible riser system >Control system and umbilical design >EPCI cost estimate and schedule >ITT bid evaluation. Lessons learned >Multiple FPSOs required 18 month FEED in order to develop subsea solutions for three FPSO options >Two separate EPCI ITTs required due to lack of decision on FPSO selection >Large number of risers versus MWA versus flow assurance complexity >Decisions with manifold size and well count delayed until late in FEED – requirement for rework >Export / import pressure discussions with Tern early in FEED. Western Isles Project Development Client: Dana Petroleum Location: UK North Sea Awarded: January 2011 Man-hours: 15,000 Africa & MediterraneanEuropeAmericasMiddle East & Asia Pacific

21. 21 Case Studies Xodus Subsea EuropeAfrica & Mediterranean Trans Adriatic Pipeline – Mediterranean Sea AmericasMiddle East & Asia Pacific Subsea Field Development Basic Design Export Pipelines Routing Conceptual Design

22. 22 Xodus Subsea Case Studies Africa & Mediterranean Scope The scope covered the detail design of the TAP West offshore pipeline crossing the Adriatic Sea from Albania to Italy, including a FOC installed parallel to the pipeline. Features >Pipe wall sizing for high pressure transport and for installation in deep waters >Route optimisation to minimise free spans and avoid the need of mitigation works >Crossing of seismically active continental slopes >Pipeline design against severe environmental conditions >Global in-service buckling mitigation measures in the pipeline hot section >QRA analyses >Micro-tunnel design and pull-in solution at the Italian landfall >Assistance to preparation of ESIA. Trans Adriatic Pipeline – Mediterranean Sea Client: TAP Project Location: Albania / Italy EuropeAmericasMiddle East & Asia Pacific

23. 23 Xodus Subsea Case Studies Scope >Subsea production and control system definition, starting from the first screening phase up to the identification and design of the most promising field configuration >Flow assurance >Materials and corrosion >Flowline/umbilical system design >SHR (Single Hybrid Riser) design >Structural design >RAM analysis >SURF system installation method. Features >Geohazards >Canyon crossings >Deepwaters. Subsea Field Development Basic Design Client: Confidential Location: East Africa EuropeAfrica & MediterraneanAmericasMiddle East & Asia Pacific

24. 24 Xodus Subsea Case Studies Scope >To identify one or more feasible corridors for the installation of all the lines (export line, MEG, umbilical) considering the project scenario is quite unusual and several challenges are encountered >To define the most promising installation method. Features >Canyons rising up to shore >Continental shelf transition zone and coral barrier crossing >Geohazards along the offshore corridors >Long corridor sections with very shallow depths in the near shore area >Environmental impact. Export Pipelines Routing Conceptual Design Client: Confidential Location: East Africa EuropeAfrica & MediterraneanAmericasMiddle East & Asia Pacific

25. 25 Case Studies Xodus Subsea EuropeAfrica & MediterraneanAmericas Block 22 (Cromwell) FEED Project Middle East & Asia Pacific Well Containment Extended Cap / Flow FEED Cardona-Pompano Concept Development

26. 26 Xodus Subsea Case Studies Africa & MediterraneanAmericas Scope >Flow assurance >Subsea layout and pipeline routing >Pipeline mechanical design >Material selection and corrosion assessment >Landfall study >Metering study. Features >Integrated team offering a complete development solution >Experienced subsea team >Experienced flow assurance team >Technical assurance. Block 22 (Cromwell) FEED Project Client: Centrica Resources Limited Location: Offshore Tobago Awarded: December 2012 Man-hours: 15,000 EuropeMiddle East & Asia Pacific

27. 27 Xodus Subsea Case Studies Scope >Basis of design development >HAZID workshop to identify project hazards >Flow assurance analysis >Flowline mechanical design and jumper analysis >Material selection recommendation >Flow induced vibration assessment of the system >PLETs definition >Jumper and connection system definition >Second end flowline hub definition >Offshore construction definition >Installation and recovery methodologies >Pre-commissioning, operating and decommissioning philosophies. Features >Multidiscipline integrated project team >Focused on client and project delivery >Developed specifications required for detailed design >Proved feasibility for range of conditions. Well Containment Extended Cap / Flow FEED Client: HWCG Location: Gulf of Mexico Awarded: August 2012 Man-hours: 3,400 EuropeAfrica & MediterraneanAmericasMiddle East & Asia Pacific

28. 28 Xodus Subsea Case Studies Scope >Subsea architecture: – Framing the architecture to move forward into FEED – Cardona field layout – High level requirements of subsea equipment >Configuration and sizing of the flowlines >Technical feasibility in terms of onboarding, routing and subsea equipment >Potential installation vessels, contracting strategy and methodology >Cost estimate and schedule >Flow assurance – steady state modelling and analysis >HAZID workshop to identify risks associate with the subsea tie-back. Features >Multidiscipline integrated team >Focused on client and project delivery >Specialising in conceptual engineering >Multiple concepts assessed efficiently. Cardona-Pompano Concept Development Study Client: Stone Energy Corporation Location: Gulf of Mexico Awarded: February 2012 Man-hours: 2,000 EuropeAfrica & MediterraneanAmericasMiddle East & Asia Pacific

29. 29 Case Studies Xodus Subsea EuropeAfrica & MediterraneanMiddle East & Asia Pacific Greater East Spar Project Support Americas 2015 Pipeline Campaign Conceptual Design J-Tube and Clamp Design

30. 30 Xodus Subsea Case Studies Africa & MediterraneanMiddle East & Asia Pacific Scope >Package engineering >Production assurance >Interface management >Subsea structural design review >Flowline engineering. Value added >Multidisciplined expertise >Commercial awareness >Schedule comprehension and adherence. Greater East Spar Project Support Client: Apache Energy Limited Location: North West Australia Awarded: February 2013 Man-hours: 3,000+ EuropeAmericas

31. 31 Xodus Subsea Case Studies Scope >4 production, 6 water injection and 2 gas lift pipelines >Wall thickness assessments >Pipeline routing and survey corridors >Linepipe material requisition for procurement >Riser location and routing >Multiple tie-in options >Scope of work for pipeline route survey. Value added >Accommodating an evolving scope of work during the course of project >Early linepipe procurement. 2015 Pipeline Campaign – Conceptual Design Client: Confidential Location: Arabian Gulf Awarded: April 2014 Man-hours: 1,289 EuropeAfrica & MediterraneanAmericasMiddle East & Asia Pacific

32. 32 Xodus Subsea Case Studies Scope >Offshore site survey and J-tube location assessment >J-tube, DWS and subsea clamp analysis and design >Topsides structural modifications (walkway destruct and extension) >Electrical cable routing and design from JB to platform switchboard >Structural design of installation A-frame, vessel outriggers and hang-off steelwork. Value added >Design of obscure DWS and subsea clamps (clamped to jacking teeth as opposed to traditional jacket brace) >Experience with offshore installation operations in the Middle East >Installation contractor during project. J-Tube & Clamp Design Client: Confidential Location: Persian Gulf Awarded: 2013 Man-hours: 3,800 EuropeAfrica & MediterraneanAmericasMiddle East & Asia Pacific

33. 33 www.xodussubsea.com 33 Thank you