1 1 Presenter / date if required Independent, integrated thinking

22 About Xodus Group Xodus Group is an international engineering and advisory company founded on an integrated approach to energy challenges

3 Technical Capabilities About Xodus Surface Environment Integrity Process & Facilities Production Assurance Subsea Engineering Technical Safety & Risk Vibration Engineering Subsurface Geoscience Petrophysics Production Technology Reservoir Engineering Wells Project management Training Well engineering Well examination Well intervention Xodus offers the broadest range of engineering and advisory expertise in its field

4 Xodus has developed innovative solutions to support our technical capabilities Tools About Xodus Environmental data management Vibration analysis Maintenance data management Cost estimating Production monitoring Risk management Subsea equipment design Pipeline design

5 Our technical capabilities are tailored to each project’s requirements and delivered via one of our business units Business Units About Xodus

6 Technical, commercial and fiscal advice >Acquisition and divestment support >Independent reserves and resource reports >Reserves and portfolio management >Fiscal modelling >Asset audit and strategy >Expert witness opinions pre / post litigation Business Units About Xodus

7 Differentiated by >Skill-sets across all E&P technical areas >Advice linked to practical support and execution >Opinions as well as analysis >Decision support bridging technical, commercial and fiscal considerations >A high percentage of repeat business Business Units About Xodus

8 Identifying and defining optimal concepts that create value and achieve business goals >Understand opportunity, look wide >Understand uncertainties >Identify at least one feasible concept across TECOP >Identify decisions for development >Identify major risks >Field redevelopment / re-engineering Business Units About Xodus Good definition Value APPRAISE / FEASIBILITY Feasibility decision OPTION ID / SELECTION DEFINITIONEXECUTIONOPERATION Concept decision Investment decision Poor definition Poor execution Good execution Poor execution Good execution

9 Evaluating concept decisions and selecting optimum concept >Optimum concept is not just technical, but optimum across TECOP >Evaluate major risks Business Units About Xodus Decision 4 Decision 3 Decision 2 Decision 1 Assumptions Givens Uncertainties Selection criteria Givens Risks Decisions can be interconnected or dependent

10 Global subsea engineering services to operators in the upstream oil and gas industry >Conceptual / feasibility studies >Field development >FEED >Detailed design >Project execution support >New technologies Business Units About Xodus

11 Covering the full range of subsea disciplines >Deep water >Rigid and flexible pipelines >Risers and umbilicals >Subsea processing >Materials, corrosion, integrity management >Hardware and controls >Structural and geotechnical >Pre-commissioning and commissioning >Decommissioning Business Units About Xodus

12 Delivering wells on time, within budget and to the highest safety standards >Well design >Rig selection >Drilling engineering and supervision >Operations >Well intervention >Well site geology >Training and mentoring of client personnel for high-risk operations Business Units About Xodus

13 Comprehensive FEED and detailed design packages for the upstream oil and gas industry >Site identification and evaluation >Project and scope definition review >Cost estimating and schedule development >Identification and investigation of long lead items >Hazard and operability studies / hazard identification Business Units About Xodus

14 A full suite of project management services for the execution phase >Contracting and project management plans >Change and risk management >Cost estimating and scheduling >Quality management / integrity management >HSE / site safety >Management of construction to start-up Business Units About Xodus

15 Quantifying risk and ‘real world’ condition of structures, static and rotating equipment >Risk and uncertainty >Vibration engineering >Computational fluid dynamics >Advanced structural engineering >Process dynamic simulation >Fatigue and fracture mechanics >Production chemistry Business Units About Xodus

16 Ensuring identified risks are appropriately addressed and managed >Integrity management >System optimisation >Flow assurance >Reservoir technology >Noise engineering >Compliance management Business Units About Xodus

17 We add value from front-end analysis and risk-based decision-making through to technology development, project delivery and operational support Lifecycle About Xodus CreateAppraiseSelectDefineExecute Operate (including Decommissioning) Xodus Advisory Xodus Projects Xodus Assure Xodus Subsea Xodus Wells Xodus Develop

18 Global Presence About Xodus Xodus Group Xodus Subseac/o Chiyoda CorporationProject experience

19 Over 3,500,000 man hours dedicated to completing more than 7,800 projects Largest project totalling 50,000 hours and the smallest just 2 hours Over 500 clients and 70+ MSAs globally with majors, independents and NOCs £423million turnover to date Chiyoda Corporation is the majority shareholder in Xodus Group Xodus in Numbers About Xodus

20 International Client Base About Xodus