1. EOC LIMITED CORPORATE PRESENTATION MARCH 2011

2. DISCLAIMER
This material includes forward-looking statements prepared by EOC Limited (“Company”). The opinions, forecasts, projections or other statements other than statements of historical fact, including, without limitation, estimates of proved reserves of oil and gas, reserves potential and plans and objectives of management of the Company for financing, are forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. All forward looking-statements contained in this presentation are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements. Each forward looking statement speaks only as of the date of this presentation. Neither the Company nor any of its subsidiaries and associates undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this presentation.

3. PRESENTATION AGENDA EMAS – Who We Are EOC – Construction & Production
INTRODUCTION
EMAS – Who We Are
EOC GROUP PROFILE
EOC – Construction & Production
Construction Activities
FPSO Experience
FINANCIALS & FORWARD STRATEGY
Year-on-Year Financials
Growth Mechanics

4. EMAS GROUP SERVICES MARINE Construction & Production Engineering
& Fabrication
EMAS AMC

5. CONSTRUCTION & PRODUCTION
BUSINESS SEGMENTS
CONSTRUCTION & PRODUCTION
Construction
Offshore Transport &
Installation
Offshore Heavy Lift
Operations
Jacket Launching
Heavylift & Pipelaying
Production
Floating Production Storage & Offloading Systems
Provision of Turret & Mooring Systems

6. AREAS OF OPERATIONS
INDIA
QATAR
AUSTRALIA

7. EOCL ASSETS Description No of Vessels Accommodation Crane Barge 2
Derrick Accommodation Pipelay Vessel 1
FPSO

8. GROUP STRUCTURE Accommodation Construction Barge Delivered 2004
Lewek Conqueror (BVI) Ltd
Accommodation Construction Barge
Delivered 2004
Lewek Chancellor Shipping Pte Ltd
Accommodation Construction Barge
Delivered Mar 2007
Lewek Champion Shipping Pte Ltd
Accommodation Construction Pipelay Barge
Delivered Aug 2007
Emas Offshore Construction and Production Pte Ltd
Contract/Commercial Mgmt
Operations and Execution
Emas Offshore Production Services (Vietnam) Pte Ltd
FPSO
Expected Delivery Mid-2011
Lewek Emerald Shipping Pte Ltd
FPSO
Delivered Dec 2008
Lewek Eversure
Shipping Pte Ltd
Lewek Evershine
Shipping Pte Ltd

9. CONSTRUCTION ACTIVITIES
Riser Stalk-on in DP
Piling
Jacket and Topside Installation
Pipelay

10. Vessel Specifications Suitable for Sikorsky S92
LEWEK CHAMPION
DP2 Pipelay & Heavy Lift Construction Vessel
S-Lay pipe-laying capabilities
3 double-joint, 6 single-joint welding stations
2 x 100 tonnes tensioners
6” – 60” Outer diameter pipeline
m water depth operation
Built 2007
Vessel Specifications
Accommodation
Overall length
142m
Breadth
40m
Deck strength
17t / sq.m
Thrusters
6 x 2400 kw
Crane
Heavy Lift - 30m radius
Helipad
Suitable for Sikorsky S92

11. Commonwealth of Dominica Lloyd's Register of Shipping
ACCOMMODATION BARGES
Large accommodation capacity
Lifting capability for offshore construction and maintenance of oil and gas platforms
Built for Construction and Work over
8 Point Anchor-mooring system
Lewek Conqueror
Lewek Chancellor
Accommodation
308 men
290 men
Overall length
100m
91.44m
Beam
30.48m
27.43m
Depth
7.29m
6.71m
Draft
4.6m
4.5m
Crane
30m radius
220T
Helipad
22.2m x 27.5m
15.24m x m
Mooring system
8 point
Flag
Panama
 Commonwealth of Dominica
Class
ABS
Lloyd's Register of Shipping

12. PRODUCTION Assets Services
Floating Production Storage & Offloading (FPSO) and FSO
Services
Operations and Maintenance of FPSO and FSO
EPC mooring systems – in collaboration with LMC

13. FPSO LEWEK ARUNOTHAI Overall length, m 263.7 Breadth, m 40.8
Depth moulded, m
22.2
Gross Tonnage, tons
63,101
Dwt (tropical)
127,540
Lightweight, tons
18,661
Storage
725,000 bbl
Export Gas
psig, 50oC
Condensate
6500 bbl / day

14. FPSO LEWEK EMAS Overall length, m 290.4 Breadth, m 50.6
Depth moulded, m
23.8
Gross Tonnage, tons
94,647
Dwt, tons
188,101
Lightweight, tons
29,457
Oil Production, bpd
50,000
Water Injection, bpd
60,000
Export Gas
bar, 50oC

15. CONTRACT COVERAGE Brunei Thailand Vietnam Thai Mal/Thai Mal India
Till July 2017
Till Oct 2012
Till Mar 2014
Dec 2009
Jun 2010
Dec 2010
Jun 2011
Dec 2011
Jun 2012
Dec 2012
Till Dec 2011
Till Feb 2012
Brunei
Thailand
Vietnam
Thai
Mal/Thai
Mal
India
Congo
Firm Negotiation
PNG

16. FORWARD STRATEGY

17. Current and Future FPSO13 1 6 1 2 1 24 1 1 37 38 11
New Focus - Africa

18. FORWARD GROWTH STRATEGY
Expand Geographic Spread – Africa
Extend presence in Asia.
Build O&M service offering for FPSO
Leverage on EMAS group capabilities for integrated services
EPC mooring systems - LMC
Construction – AMC
Fabrication
Acquire technology company
Strategic alliances/M&A activity

19. FINANCIAL TRACK RECORD

20. FINANCIAL HIGHLIGHTS

21. Need Clarifications? For further information, please contact:

22. THANK YOU

23. APPENDIX

24. HEALTH, SAFETY, ENVIRONMENT & QUALITY (HSEQ)
Description
2008
2009
2010
LTI
LTI Frequency Rate
Total Recordable Injuries (TRIs) 5 2
Total Recordable Injury Frequency Rate (TRIFR)
4.0
2.2 3
Executive Management commitment
to HSEQ
Achieved goal of 0 LTI.
Emas Offshore’s Quality System
is certified to ISO9001:2008 by Lloyds Register.

25. MARINE Anchor Handling Towing/ Supply Bulk & Deck Cargo Transportation
Crew & Supply Transportation
Fire Fighting Standby & Rescue
Remotely Operated Vehicle Support
Deep Sea Diving Support
FPSO/FSO Towing, Installation of Moorings
FPSO Mobilisation/ Decommissioning

26. SUBSEA SERVICES 2 MFSVs Heavy Lift DP3 Well Intervention
Subsea Construction Vessel
Heavy Lift DP3 Well Intervention
Subsea Construction Vessel II
2 MFSVs
SURF Installation
IMR Services
Well Intervention
Decommissioning

27. AKER MARINE CONTRACTORS
ENGINEERING
Naval Architecture
Hydrodynamic Analysis
Structural Analysis & Engineering
SURF Analysis & Engineering
(SURF – Subsea, Umbilicals, Risers and Flowlines)
OPERATIONS
Client interface
Engineering interface
Logistics
Procedure development
Procurement
Project Execution
Support for Vessel Superintendents
ASSIST WITH TENDERING – early engineering including
feasibility checks

28. AKER MARINE CONTRACTORS
SURF
FLOATERS
REMOVAL
FLOATOVER
Shenzi (GoM)
Blind Faith Subsea (GoM)
Na Kika (GoM)
King (GoM)
Oudna Field Dev. (Tunisia)
Oseberg Delta Structures (North Sea)
Langeled SSVS & Risers (North Sea)
Chinguetti Host Installation (Mauritania)
Norne Satellite (North Sea)
Snøhvit Structures (North Sea)
Thunder Horse (GoM)
Macando (GoM)
Gladden (GoM)
Popeye (GoM)
Tamar (Mediterranean)
Jubilee FPSO Transport and Installation (W. Africa)
Skarv FPSO Transport and Installation (North Sea)
Gjøa Semi Marine Installation (North Sea)
Thunderhawk (GoM)
Adriatic LNG (GBS) (Adriatic Sea)
Blind Faith T&I (GoM)
Chestnut (North Sea)
KuMaZa Mooring and Riser Installation (PEMEX)
Sakhalin (Russia)
BAOBAB FPSO Mooring and Installation (W. Africa)
Kristin Semi (North Sea)
Frigg Cessation (North Sea)
Ardmore SAL Mooring Removal (North Sea)
Maureen Refloat (North Sea)
Downed Platform (GoM)
Chevron
Noble Energy
Angel (SE Asia)
Bayu-Undan (SE Asia)
Kristin (North Sea)
Aker Marine Contractors is a global provider of marine operations and contracting services to the oil and gas industry within its four main services segments: mooring and floater installation, installation of SURF (that stands for Structure, Umbilicals, Risers and Flowlines), topside floatovers, and removal.
We can offer:
Safe and predictable on time delivery
Solution oriented with a Mission possible attitude
Flexibility to select fit for purpose vessels
High technical capability
Experience from harsh environment and ultra deep water
A project execution model that secure experience transfer and continuous learning
People – experienced, dedicated and motivated
Aker Marine Contractors, Slide 28 28

29. ENGINEERING & FABRICATION
Access to engineering design expertise located in London.
Two fabrication facilities in Vietnam providing design and provision of mooring systems for FPSOs and FSOs.
Industry’s first-ever converted FSRU Turret
Biggest turret designed by LMC

30. EMAS – CORPORATE MILESTONES
Acquisition of Aker Marine Contractors
Established HQ in Houston for Americas Subsea and Well Intervention activities
Listing of EOC on Oslo Stock Exchange
Acquired Saigon Fabrication Shipyard
Singapore IPO
Incorporation of EMAS Offshore
2010/11
2009
2007
2005
2003
1992