1. VIGOR Kristiansund AS Products and services New fabrication facilities finished 2011

2. Vigor Kristiansund Vigor Kristiansund is a fabrication workshop that specializes in fabrication of steel, aluminium and titanium structures, pressure tanks, processing equipment, tie-in spools and subsea equipment. Vigor Kristiansund is also a major provider of seafastening services. In 2011 we moved into new fabrication facilities at Sub Sea Base. Vigor Kristiansund has more than 40 dedicated employees with extensive experience in welding, machining and fabrication of complicated structures and materials. We provide EPC (Engineering, Procurement, Construction) services for the offshore and subsea industries alone or in partnership with selected engineering companies. Who we are and what we do Since 1972 Vigor Kristiansund has delivered innovative solutions for the offshore and maritime industries.

3. Where we are located Vestbase Vigor 1 km FREI NSNS KRISTIANSUND Location Vigor Kristiansund is located in new and modern facilities at Sub Sea Base. Sub Sea Base is conveniently located across the fjord from Vestbase, less than 10 minutes from Kvernberget airport. Sub Sea Base has ISPS approved deepwater quay of >50 m length and 8 m LAT depth. A new major quay with lifting equipment north of our yard is being projected. Considerable potential for load-out, seafastening and repairs/modifications at Sub Sea Base. 10 minutes from Kvernberget airport Husøya

4. Facilities New, modern fabrication work shop built in 2011: Workshop area of 4000 m 2 and 1000 m 2 with offices, changing rooms and general facilities. Crane capacity of 160 tons with hook height of 12.5m/15m. Well equipped workshop with advanced machining and welding equipment (including welding cranes), CNC lathe/milling machine, plasma and gas cutting of plates up to 12 m x 3 m, and plate bending/rolling of plates up to 110 mm thickness. Advanced heat treatment furnace (21 m x 7.5 m x 7 m). Rubb hall for sand blasting and painting/coating. Deep water quay and outside storage area. Where we work Equipment: Advanced welding equipment incl. welding crane. Plasma/gas cutter (12 m x 3 m). CNC lathe/milling machine. Plate bender/roller (up to 110 mm thickness). Heat treatment furnace (21 m x 7.5 m x 7 m).

5. Services and products Engineering, Procurement and Construction (EPC) services (design engineer at house). Fabrication of pressure/process tanks for on- and offshore, subsea pressure tanks and enclosures. Internal cladding of tanks. Subsea structures and installation equipment. Subsea tie-in spools, pig receivers/launchers. Suction anchors and clump weights. Jackets for offshore and wind. Shell and tube heat exchangers. Piping systems and lifting spreader bars. Hydraulic cylinders and crane bogies. Seafastening (24 hrs service). Welding and machining services. Maintenance and modifications. Heat treatment of large structures. Load-out Ormen Lange Pilot Valhall Structure for wind application Pig Receiver

6. Example products Services and products Pressure vessels Cladding of tank end Cladding of tank shell Tube heat exchangers Steel structures Crane boggies Hydraulic cylinders

7. Seafastening Services and products Vigor Kristiansund is one of the main providers of seafastening services at Vestbase Prefabrication is performed at our own workshop for more efficient job execution Our customers include Subsea 7, Deep Ocean, Ocean Installer and Vest Supply In 2012 we performed about 120 seafastening jobs without any major incidents Cladding of tank shell

8. Heat treatment furnace Services and products Advanced heat treatment furnace has been constructed at Vigor Kristiansund and is available for use by external customers: Accommodates tanks/components up to: 20 m length x 6.5 m width x 6.3 m height Maximum charge weight: 160 tons Design temp: 650°C Propane heated with 40 pulse-fire burners: Rapid and efficient heating Easy temperature regulation Accurate temperature distribution throughout furnace (± 10°C) Large range of heat treatment temperatures Burner redundancy – loss of individual burners has minimal effect on performance Computer controlled for maximum accuracy and documented performance

9. Fabrication References Pressure Vessels and Suction Anchors 1997-2013

10. Fabrication Example: Pressure Vessels for Ormen Lange Fabricated in 2005  18 misc. pressure vessels (6 for Vetco Aibel)  Material: C-steel, AISI 316 and Duplex  Size: D=1200-3200, TT=2200-10000, t=6-25 (mm)

11. Organisation chart

12. Company Information  Ownership structure: Chr. Salvesen & Chr. Thams49,8 % Trønderenergi AS35,3 % Gjensidige Orkla14,9 %  Ownership structure: Chr. Salvesen & Chr. Thams49,8 % Trønderenergi AS35,3 % Gjensidige Orkla14,9 %  Bank: Den Norske Bank, department Trondheim  Bank: Den Norske Bank, department Trondheim  Economy: Turnover 2012:Ca. NOK 60 million Profit 2012:Ca. NOK 6 million Equity ratio:Ca. 40 %  Economy: Turnover 2012:Ca. NOK 60 million Profit 2012:Ca. NOK 6 million Equity ratio:Ca. 40 %

13. Quality assurance and Health, safety and environment  Vigor has had an implemented HSE management system and a quality assurance program according to NS-EN-ISO 9001:2000. A couple of years ago we decided to start the certification process for a management system in conformity with NS-EN ISO 9001:2008 and ISO 3834-2 for fusion welding of metallic materials.  Both certificates were issued by Teknologisk Institutt 15th of February 2013.  The management system (EQS from Extend AS) is web-based and clients may be given direct access  Vigor has had an implemented HSE management system and a quality assurance program according to NS-EN-ISO 9001:2000. A couple of years ago we decided to start the certification process for a management system in conformity with NS-EN ISO 9001:2008 and ISO 3834-2 for fusion welding of metallic materials.  Both certificates were issued by Teknologisk Institutt 15th of February 2013.  The management system (EQS from Extend AS) is web-based and clients may be given direct access  Vigor is qualified in the Achilles Joint Qualification System for several product and service categories with Achilles Id. 22986. Last audit was performed by Achilles in November 2012

14. Contact Information Contact information Vigor Kristiansund AS Husøyveien 110 6520 Frei Tel.:+47 911 33 900 Web Address:www.vigor.no Contact Persons Reidar Alsvik General Manager +47 977 05 465 reidar@vigorksu.no Bjørn Weiseth Sales Manager +47 913 74 190 bjorn@vigorksu.no Sinisa Sedlan Senior Engineer +47 97467464 sinisa@vigorksu.no Helge Lervik Project Coordinator/ Proc. Manager +47 941 77 207 helge@vigorksu.no