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EOC LIMITED CORPORATE PRESENTATION MARCH 2011. DISCLAIMER This material includes forward-looking statements prepared by EOC Limited (Company). The opinions,

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Presentation on theme: "EOC LIMITED CORPORATE PRESENTATION MARCH 2011. DISCLAIMER This material includes forward-looking statements prepared by EOC Limited (Company). The opinions,"— Presentation transcript:

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

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

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

6 AREAS OF OPERATIONS INDIA QATAR AUSTRALIA

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

8 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 Lewek Emerald Shipping Pte Ltd FPSO Delivered Dec 2008 Emas Offshore Construction and Production Pte Ltd Contract/Comme rcial Mgmt Operations and Execution Lewek Eversure Shipping Pte Ltd Lewek Evershine Shipping Pte Ltd Emas Offshore Production Services (Vietnam) Pte Ltd FPSO Expected Delivery Mid GROUP STRUCTURE

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

10 LEWEK CHAMPION Vessel Specifications Accommodation Overall length142m Breadth40m Deck strength17t / sq.m Thrusters6 x 2400 kw Crane Heavy Lift - 30m radius Helipad Suitable for Sikorsky S92 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

11 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 ACCOMMODATION BARGES

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

13 Overall length, m263.7 Breadth, m40.8 Depth moulded, m22.2 Gross Tonnage, tons63,101 Dwt (tropical)127,540 Lightweight, tons18,661 Storage725,000 bbl Export Gas psig, 50 o C Condensate6500 bbl / day FPSO LEWEK ARUNOTHAI

14 Overall length, m290.4 Breadth, m50.6 Depth moulded, m23.8 Gross Tonnage, tons94,647 Dwt, tons188,101 Lightweight, tons29,457 Oil Production, bpd50,000 Water Injection, bpd60,000 Export Gas bar, 50 o C FPSO LEWEK EMAS

15 CONTRACT COVERAGE 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 Thailand Firm Negotiation PNG

16 FORWARD STRATEGY

17 Current and Future FPSO 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) Executive Management commitment to HSEQ Achieved goal of 0 LTI. Emas Offshores Quality System is certified to ISO9001:2008 by Lloyds Register. Description LTI000 LTI Frequency Rate000 Total Recordable Injuries (TRIs) 552 Total Recordable Injury Frequency Rate (TRIFR)

25 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 MARINE

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

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, Slide 28 FLOATERSFLOATOVERREMOVALSURF 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) 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) Angel (SE Asia) Bayu-Undan (SE Asia) Kristin (North Sea) Frigg Cessation (North Sea) Ardmore SAL Mooring Removal (North Sea) Maureen Refloat (North Sea) Downed Platform (GoM) Chevron Noble Energy AKER MARINE CONTRACTORS

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. Industrys first-ever converted FSRU Turret Biggest turret designed by LMC

30 /11 EMAS – CORPORATE MILESTONES


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