1. collaboration | commercialisation | diversification | internationalisation Members’ update Bill Edgar / David Pridden Subsea UK

2. collaboration | commercialisation | diversification | internationalisation Programme Welcome Review of 2006 Key objectives for 2007 Financial update Q and A

3. collaboration | commercialisation | diversification | internationalisation Our Goal The Champion and Focal Point of the UK’s Subsea Industry

4. collaboration | commercialisation | diversification | internationalisation Subsea UK - Achievements 2006 1 Networking/Profile - Collaboration Events in Aberdeen, London, Newcastle Newsletters SUT,EEGR,NOF,NSIG Market Characterisation with ADL Membership 154 companies 2Export Marketing - Internationalisation Paris/Galveston (SSTB)/KL/Mexico Supported UKTI and SDI 3Operators’ needs database Initial meetings Now on hold 4Technology commercialisation Committee established Need to combine with CoE discussions 2020 vision workshops and report 5Skills/Training Committee Established PR campaign Skills website established Visits to universities RGU On-line course established Salary Benchmarking 6 Website Development Test website established Obtained Advertising/Sponsorship 7 Financial Record sales: exhibitions, sponsorship

5. collaboration | commercialisation | diversification | internationalisation Subsea UK Organisation 2006/7 Projects N.E. England Committee Networking/ Events UK Membership recruitment Board S.E. England Committee Networking/ Events Intl Technology Commercialisation Operator Needs Website Development

6. collaboration | commercialisation | diversification | internationalisation

7. Key Milestones 07/08 January 2007 – membership >150; 2020 Vision statement/roll out April 2007 – list of Operator needs; Subsea 07,SSTB, sustainable task force July 2007 – Guide to the multiple sources of support; relaunch Subsea Pages October 2007 – Skills phase 2; on-line training January 2008 - membership > 180 companies; completion of plans for Subsea CoE/2020 vision April 2008 – Sustainable business model; increased export marketing

8. collaboration | commercialisation | diversification | internationalisation Sales Analysis

9. collaboration | commercialisation | diversification | internationalisation International Events Programme May - ITF/Subsea UK – Technology Seminar, Aberdeen May - Stand at All Energy, Aberdeen June - Subsea Forum – Europe, Paris June - Subsea UK Seminar – Kuala Lumpur June - Stand at Oceans 07 June - Subsea NE Event, Newcastle Sept - OE2007 Dinner Oct – DOT, Stavanger Nov – Houston with SUT Dec – Subtech, London Feb – Bus Awards Dinner, Aberdeen Feb – Subsea 08, Aberdeen Mar – SSTB, Galveston

10. collaboration | commercialisation | diversification | internationalisation Thank You