1. collaboration | commercialisation | diversification | internationalisation Subsea UK Planned Events Shaping the Events for 06 and 07 Patrick O’Brien Director SUBSEA UK & Chairman of Events Committee

2. collaboration | commercialisation | diversification | internationalisation Presentation Contents Objectives of Meeting Overview of Events to mid-2007 Subtech 06 Subsea 07 Summary Open Discussion

3. collaboration | commercialisation | diversification | internationalisation Meeting Objectives Inform you of our plans –Particular focus on Subtech 06 and Subsea 07 events –Some industry dialogue in preparing current plans Get your feedback to these plans –Shape and refine events accordingly Get buy-in and support for these plans Create an industry network to: –Source interesting issues for presentation –Source high quality and high level industry speakers –Promote Subsea UK events within your own organisation –Get strong industry engagement with our Subsea UK events Beginnings of an “Events Advisory Board”

4. collaboration | commercialisation | diversification | internationalisation Overview of Events to 2007 Operator’s Breakfast – 6th September Subsea UK Annual Review – 14 th September 2006 Business Breakfast – 3 rd October 2006 –Marine Renewables – Why Bother? (Brian Wilson, Tony Trapp) Business Breakfast – 23 rd November 2006 –2020 Breakfast Subtech 06, 14 th December 2006 Subsea 07, 8 th February 2007 Subsea Tieback Forum, Feb / March 2007, Galveston –20 companies to travel under Subsea UK banner Oceans 07: 18 th -21 st June 2007, Aberdeen –Subsea UK is the Gold Sponsor of this event Subsea Solutions, Paris, June 2007 OE2007: Subsea Networking Dinner, September 2007

5. collaboration | commercialisation | diversification | internationalisation Subtech 06: Unlocking Small and Deep Accumulations with Tiebacks North Sea small accumulations –Tieback technology to maintain pace of development and unlock the potential Tiebacks for deepwater Presentations by operators on technology and management approach used on tiebacks Innovative companies with technologies that significantly advance industry capability Some other themes –Subsea wells less productive than platform wells? –Tieback construction projects effects on platform / plant shutdowns. How can we minimise disruption to production? –Allignment of risk and reward, openness and understanding of economics of the operator

6. collaboration | commercialisation | diversification | internationalisation Subtech 06 One day seminar on 14 th December 2006 –150 visitors; technology focused, operator engagement Location: –Institute of Directors Offices, Central London Costs: –£175 members; £350 non-members Speaker Programme –From Subsea UK members –Invited guest speakers from companies within supply chain: from Operators to SME’s Opportunities for Sponsorship / Exhibits Members with guests Dinner at IOD on evening of 13th Alligned with SUT AGM in London on evening of 14th

7. collaboration | commercialisation | diversification | internationalisation Subsea 07: Utilise to Deliver Main theme: –Vessel utilisation for subsea developments –People skills and attracting people into the subsea industry Issues to be addressed: –Extent to which tieback solution is dictated by vessel availability –Vessel utilisation in wider context of a subsea development –Installation vessel capabilities: what is the international perspective? –Vessels for drilling, intervention, completion. Utilising vessels of opportunity –Contracting strategies to optimise utilisation –Maximising vessel uptime in harsh, deep conditions –Vessel construction plans; challenges and plans for deepwater –People resources and how Subsea UK is addressing this –Vessel utilisation for inspection and maintenance activities

8. collaboration | commercialisation | diversification | internationalisation Subsea 07 Location: Aberdeen Conference & Exhibition Centre Date: 8 th February 2007 One-Day Conference and Exhibition –800 delegates, 80 stands (70% stands already booked) –Premier Subsea Event in the UK Calendar –Conference discussing key industry issues from industry leaders –Build up the international dimension Networking Dinner the evening before the Event (7 th Feb) Current Issues –Securing 2 to 3 top industry speakers –Including an international speaker –Work with SDI and UKTI to attract international visitors –Put conference programme together

9. collaboration | commercialisation | diversification | internationalisation Subsea Solutions 07, Paris Subsea Solutions had a strong seminar programme –Good operator involvement: Total, ExxonMobil, BP –Good format for Technology Session –Short technical presentations by innovative companies on a variety of technology issues –Strong focus on West of Africa Strong support by Operator Participants to build on this format for 2007 –Keep a focus on West of Africa –Commitment to begin working on a programme for 2007 during third quarter of 2006 –Committee of operators and large contractors to be formed soon

10. collaboration | commercialisation | diversification | internationalisation Summary Outline Specifications for Subtech 06 and Subsea 07 well advanced –Now progressing with the detailed speaker programme Subsea UK Events –By the industry, for the industry –All of us here know what the issues are –Subsea UK is the proper forum to run these events Plenty of competition from other organisations to run Subsea Events We need your support –Today we begin to build the networking web –“Events Advisory Board”

11. collaboration | commercialisation | diversification | internationalisation Subsea UK Upcoming Events Open Discussion