KREUZ SUBSEA Your Integrated Offshore Subsea Solutions Partner - PowerPoint PPT Presentation

KREUZ SUBSEA INTRODUCING KREUZ SUBSEA Your Integrated Offshore Subsea Solutions Partner October 2017 10 Science Centre Road | Block 1, #01-12, Bestway Centre Singapore 609079 | tel +65 6807 0500 | fax +65 6807 0502 enquiry@kreuzsubsea.com Introductory Presentation_....2016/ 28-Oct-16/ 1 of 1

I n t r o d u c i n g K r e u z S u b s e a Kreuz Advantage Experience our service We will strive to make a difference and go beyond our best to remain committed, accountable and consistent in delivery of your projects Certified Differentiating Un-paralleled Since 2008 Professionally End-to-end ISO 9001 Managed Subsea and diversified Work History Company Solutions assets Head Quarters in Dedicated team IMCA member, Owns barges, DP2 40,000 dives, Integrated subsea Singapore and over 25 years certified for diving, vessels, ROVs 11.5 mill mhours solutions provider Employs 95 of operational ROV and marine and portable dive subsea work, permanent staff experience. operations systems 155 projects Introductory Presentation_....2016/ 28-Oct-16/ 2 of 1

Kreuz Subsea today Singapore registered  Owned by Private Equity  Very flexible organization 110 people (staff) + 400 to 450 dedicated contract  personnel Diversified and modern assets annually ~US$ 140 M in revenues  Three distinct business segments: Subsea Construction,  Honest, ethical and transparent IRM and SURF engagement Own and operate 5 construction assets, 12 portable  systems & 5 ROVs Company values at the core of ISO 9001 Company every operation  Professionally managed by people with hard-core  Wide experience – SURF operations experience projects, brownfield works, Company follows an integrated management system for  Subsea Repairs, Inspection, Health, Safety and Environment Protection and Quality Repair and Maintenance Performance a Member of International Marine Contractors Association  Repeat Customers (IMCA) for Diving, Remote Systems, ROV Division and Marine Division Introductory Presentation_....2016/ 28-Oct-16/ 3 of 1

Timeline Feb 2014 delisted from Kreuz Installer JV with SGX acquired Usaha July 2008 New July 2010 Nusajaya In Kreuz Subsea Shareholders Three (3) x Listed on Malaysia established SURF projects Singapore First major project with awarded Exchange Reliance / Allseas Entry to First SURF Middle East Installation 2017 2008 2009 2010 2011 2012 2013 2014 2015 2016 JV agreement with Genesis in Nigeria 7 year IRM Contract Kreuz 5 year IRM Contract Cooperation with Shell Brunei Endeavour with Shell Brunei Featured as Forbes agreement with Halul Ship Building Asia Pacific’s “Best offshore in Qatar Launch of Kreuz Contract under a Billion” Top Endeavour Representation with 200 companies Midad in Saudi Arabia Kreuz Challenger awarded to Vard First EPCI Contract with Conoco Philips (SURF) Introductory Presentation_....2016/ 28-Oct-16/ 4 of 1

Leadership Team Ashit Jain CEO / Director 25 years of leadership experience in global oil and gas industry/ previously with various companies like Harkand, Dynamic Industries International LLC and Global. Sundraj Naidu Balaji Bhashyam Natraj Raman Chief Financial Officer Chief Operating Officer QHSE Director 25 years of experience, previous 25 years / previously with various 35 Years in the O&G with a strong emphasis on assignments with international banks, companies like Technip, McDermott, Subsea Construction & Inspection, Consultant PWC. Chartered Accountant and Diving Specialist & HSE Advisor for oil Global, L&T/ Mechanical Engineer major/Contract Management expertise. Master of Applied Finance. and Masters in Project Management. and >>> Strong and experienced middle management Introductory Presentation_....2016/ 28-Oct-16/ 5 of 1

Video http://www.kreuzsubsea.com/video/#nch/505443068 Introductory Presentation_....2016/ 28-Oct-16/ 6 of 1

Service Offering Inspection, Repair Subsea Construction Subsea Umbilical, and Maintenance and Installation incl Risers and Flowlines (IRM) Hyperbaric Welding (SURF)   Flexible Flowlines & Risers Underwater  inspection, repair and Umbilical  Cables – Composite & FO maintenance  Jumpers / Flying Leads  SDU / UTA Other Services Decommissioning Construction Subsea Repairs   Stalk-on and flanged risers, NDT of Structures & Pipelines  Decommissioning of  Construction diving from   tie-in Spools Hot Tapping offshore facilities – client barges   SBM, PLEM / PLET / Hyperbaric welding platforms, pipelines,  Pre-comm Support  Manifold Repairs using connectors / FPSOs, SBMs,  Accommodation and  Crossing supports spools, clamps and Hook-up Support  Freespan supports strengthening sleeves Introductory Presentation_....2016/ 28-Oct-16/ 7 of 1

Inspection, Repair and Maintenance (IRM)  Offshore platform and SBM: Detailed Underwater Inspection (DUI)  UWILD (Underwater Inspection In Lieu Of Dry Docking) ABS Class Survey  Pipeline Inspection/ Subsea cable/ umbilical survey  Riser / pipeline Leak Survey  Seabed Debris Survey and Removal/ Recovery  Pipeline/ riser Leak repair using PLIDCO Clamp and Epoxy Grout Sleeves Value added services  SBM/ PLEM inspection, repair and combining rich maintenance  Freespan Rectification / Correction on subsea construction Pipelines Structural Pipeline Asset capabilities  Sacrificial Anodes Replacement integrity integrity integrity  Anode Skids Installation IRM and light construction DP2 asset purpose built to 6 Repeat Asset Diving Tooling higher specifications and Continuous Contract from oil Higher Experienced in & ROV years of work specification – major kinds and one of its kind performance one of its kind Certified & core makes competency Introductory Presentation_....2016/ 28-Oct-16/ 8 of 1

Subsea Construction Rich experience in brownfield  Risers – flanged and stalk-on  I- and J- tubes construction  Riser clamps  Subsea tie-in spools  Concrete mattresses  Crossings – pre and post pipeline installation  Free span corrections  Structures installation Major installation support – bow string  installation, recovery of subsea launchers Trust us with volumes and and receivers, temporary installation aids, we will deliver debris removal Strong resume displaying high competencies 200 120 700 1500 600 100 tie-in spools Stalk-on risers, Subsea clamps Structures Crossing mattresses I- & J- tubes, (PLEM, SSIV, Supports flanged risers Protection frames, riser guards) Introductory Presentation_....2016/ 28-Oct-16/ 9 of 1

SURF – Subsea Umbilical Risers and Flowlines Flexibles │ Umbilicals │Cables │Flying Leads │Jumpers │Manifolds │PLEM │ PLET │ UTA │Dynamic risers │Moorings │SBMs  Major SURF projects in Far East  Owns and operates SURF vessel “ Kreuz Installer” - one of its kind in the region.  New Build “ Kreuz Endeavour” to add to fleet  One stop solution – combining construction, diving and marine operations strengths  Worked for all majors – Conoco Philips, Flexible Riser Flexibles & Cobra Head Petrofac, Shell, Petronas  Handled all products South Belut Bawal Manora Cendor Champion Wassana Waterflood SOGT West Desaru Berantai Nong Yao SURF Vessel “ Kreuz Installer” SBM Installation Inline Tee UTH Installation Umbilicals Dynamic risers Uraduct Introductory Presentation_....2016/ 28-Oct-16/ 10 of 1

Subsea Repairs  Strong work history of subsea Containment (diving) construction on Underwater Welding brownfield projects  Specific competencies and Above water interventions experience in pipeline repairs Flow Diversion and maintenance  Knowledge of tooling and Structural Repairs methods  Experience of working close to live assets 20 + 60 + Various 5 2 1 Subsea Hot Taps Hyperbaric PLIDCO and Surface Underwater Grout Clamps connectors and Welds Welding MOPU legs tooling strengthening Introductory Presentation_....2016/ 28-Oct-16/ 11 of 1

Brownfield Capability ..fantastic result considering weather conditions. Really appreciate the rigour with which the team went through HSSE and marine assurance process …. Kreuz Subsea has unparalleled experience in brownfield works and provides the following services  Retrofit risers, I- / J- tubes  Removal and installation of boat landing, riser guard  Riser clamps modification, replacement  Conductor guide framing modifications  Pipeline crossing and free spans  Pipeline tie-in spools  Hot tapping  Subsea repairs – Platforms, Pipelines and MOPU  Underwater welding dry or wet Interface 30 + Live Strong Competent and scaled Managing Brownfield Assets Resume Projects to handle a high multiple assets, Experienced of variety of volume of works fields, clients operating close to subsea projects live assets Introductory Presentation_....2016/ 28-Oct-16/ 12 of 1