An Introduction to our Company engineering l consulting

An Introduction to our Company engineering l consulting l technology

This presentation covers… • Who we are: Company Profile • Our Values and Commitment • Our QHSE Standards • The Team • Our Capabilities and Services • Our Experience and Track Record in the Industry • What KW Ltd can bring to your organisation An Introduction to our Company September 2006

Who we are: Company Profile • The Company was established in 1999. • KW Ltd is privately owned, registered and headquartered in the UK (Leatherhead, Surrey). • Our UK office is the focal point for North Sea projects. • A branch office in Cairo was established in 2004, focussing on North African, Mediterranean and Middle East projects. • We have a commercial presence in Paris, mainly targeting the deepwater projects off West Africa. • KW Ltd currently employs 35 staff, of which 5 are permanently based in Cairo. An Introduction to our Company September 2006

Our Values and Commitment • Focus on areas where we add maximum value to clients. • Provide a ‘personal’ service. • Remain at the ‘edge’ of developing technology. • Be responsive and flexible. • Uphold a ‘hands-on’ approach. • Remain independent. • Seek practical solutions. An Introduction to our Company mber 2006 Septe

QHSE • We operate under a Quality Management System (QMS) which is approved by Lloyd’s Register to BS EN ISO 9001: 2000. • Our environmental policy extends across all of our operations and sites. • KW Ltd operates a ‘safety first’ policy: no accidents; no harm to people. An Introduction to our Company mber 2006 Septe

KW Ltd: The Differentiator _ =our people + commitment and values differentiator An Introduction to our Company September 2006

Positioning and Expertise evaluationd iscovery implement decommissionp roduction ‘High End’ Engineering ‘Traditional’ Engineering Subsea Pipelines Subsea Structures Consulting Technology Development An Introduction to our Company mber 2006 Design Verification and Pipeline Design Septe

Our Core Business Core Client Base: Core Services: • Operators. • Specialist technical consulting. • Offshore pipelay (and subsea) • Failure investigation and expert witness. contractors. • Concept and FEED engineering. • Associated works contractors (burial, dredging, survey). • Detail engineering. • ‘Owners’ engineer. • Suppliers. • Independent verification. • Installation engineering. • Offshore construction support. • Research and development. An Introduction to our Company September 2006

Supporting the Contractor Construction Focus: • Installation engineering of pipelines, flowlines, risers, umbilicals, flexibles and structures. • Offshore support for routing, pipelay, installation, burial and rock dumping. Methods: • S – lay • J – lay • Reel lay • Bundles An Introduction to our Company mber 2006 Septe

Structures Capability: • Subsea structures (P/FLETS, manifolds). • Floating and fixed structures. • Marine, construction vessels and barges. • Construction equipment, reels, stingers, j-lay towers. Specialisation: • Structural modelling and analysis. • Concept and detail design. • Transportation and installation. • Retrofit design and strengthening. • Motion response. An Introduction to our Company mber 2006 Septe

Pipelines Areas of Expertise: • Deep and ultra-deep waters. • HP / HT. • Highly irregular seabeds. • Seismic activity. • Exotic materials. • Material behaviour and corrosion assessment. • Integrity assessment. • Strain based design. • Safety and risk assessment. • Limit state pipeline design. • Pipe-in-pipe and insulated pipe design. • Upheaval and lateral buckling assessment and design mitigation. • Routing, pipe stability and geohazard design. • Span assessment and rectification design. An Introduction to our Company mber 2006 Septe

Our Added Value standard carbon steels exotic materials deep water Solutionsfor Solutions for technically challenging and frontier problems shallow water Life cycle cost reduction of new facilities and extend life of existing facilities standard reservoirs An Introduction to our Company mber 2006 Added Value HPHT reservoirs Septe

Our Detail Design Track Record • ATP Helvelyn (North Sea) • EGC Gulf of Aqaba (Jordan/Egypt) (North Sea) • Wa. GE Paladin (North Sea) • GUPCO ONS (Egypt) • Shell Howe (North Sea) • CNR Baobab (West Africa) • Conoco. Phillips Saturn (North Sea) • Conoco. Phillips Horn and Wren (North Sea) • Conoco. Phillips Munroe (North Sea) An Introduction to our Company • Conoco. Phillips Mimas and Tethys September 2006 • Shell Howe P 2 (North Sea) • Oztas-Peker (Turkey)

Our Pipe-in-pipe Track Record • Shell Mallard (110˚ C) • Elf Elgin Franklin (165˚ C) • Phillips Jade (165˚ C) • Texaco Erskine (110˚ C) • Braemar (120˚ C) • BP Rhum (120˚ C) • CNR Baobab (85˚ C) • Shell Howe (125˚ C) • Paladin Wa. GE (120˚ C) An Introduction to our Company mber 2006 Septe

Project History Detail 1 Client Project Name Scope of Facilities Technip Paladin Wa. GE (2005/6) Detailed design of pipelines (2, 6, 10” x 11 km) and associated subsea structures for North Sea field development. East Gas Company Gulf of Aqaba Pipeline (2002/3) Pre-FEED and FEED engineering for this large diameter (36” x 15 km) technically challenging project, including deepwater (900 m), rough seabed terrain and seismic hazards. Specified and supervised survey and interpretation of survey results carried out. Detailed Design, interfaced with onshore pipeline engineering, provided management and specialist engineering for Owner. Contracted to supervise annual IRM. Retains record to-date for largest diameter pipeline installed in 900 m water depth. BP An Introduction to our Company mber 2006 Tangguh (2002) Concept (Pre-FEED) design for the twin CRA internally clad pipelines (24” x 16 km) carrying corrosive fluid in an environment of very high environmental loading. The Pre-FEED included the application of limit state methods to the assessment of the pipeline during operation to determine requirements for measures to prevent spans. Septe

Project History Detail 2 Client Project Name GUPCO Offshore North Sinai (2004) Scope of Facilities The pre-FEED was carried out to determine the requirements of the pipe and seabed preparation. Detailed Design (60 km, 22” pipeline) interfaced with onshore pipeline engineering. Conoco. Phillips Saturn Field Development (Saturn & Munro pipelines) (2004) The FEED engineering was carried out and provided the basis for proceeding with the design of an extensive pipeline system in areas of high environmental loading. Detailed Design of pipeline and associated subsea structures (42 km x 14” and 10” x 6 km, with 3” methanol). Conoco. Phillips Saturn Field Development (Mimas and Tethys pipelines) (2004) Detailed Design of pipeline (twin 10” x 12 km and 4 km) and associated subsea structures. BP Devenick Field Development (2004) The Pre-FEED engineering has been carried out by KW for a pipeline (10” x 12 km) system transporting high-temperature/high-pressure corrosive fluids. The requirements has been to identify and assess the provision of suitable pipe materials are acceptable costs. An Introduction to our Company mber 2006 Septe

Project History Detail 3 Client CNR Project Name Baobab Field Development (2003/4) Scope of Facilities Detailed design of a 1500 m deep 12/16” pipe in pipe and 6” single pipe. Installation support and fitness for purpose assessment. Shell Howe Field Development (2003/4) Detailed design of high pressure / high temperature pipe in pipe (14 km of 12/8” with 3” piggy back). ATP Helvellyn Field Development (2003) FEED and route selection in mobile sand wave areas. Detailed Design of pipeline (8” x 16 km, associated subsea structures and riser. Shell Howe P 2 Development (2005/6) Detailed design of high pressure / high temperature pipe (3. 6 km of 6” with 3” piggy back). Oztas-Peker Marmara Crossing (2005/6) Detailed design of 36” x 17 km pipeline with two landfall crossings. An Introduction to our Company mber 2006 Septe

Our Clients • BP • Shell • Conoco. Phillips • Chevron • Total • GUPCO • RWE • EGC • Saipem • Technip • Stolt • Subsea 7 • Allseas • PMS An Introduction to our Company mber 2006 Septe

The Cairo Office: Services • Deepwater subsea developments. • Traditional shallow water developments. • Pipeline rehabilitation projects: – Pipeline integrity assessment and analysis. – Conceptual and detailed design. – Specialist materials and corrosion services. – Survey and inspection support services. An Introduction to our Company mber 2006 Septe

KW Ltd and MSCwill cooperate to deliver integrated engineering solutions for flowlines and risers on projects where their combined experience adds value. KW Ltd • conceptual studies • Deep and ultra deep waters • value engineering • Insulated pipe • specialist consulting • Pipe in pipe • detailed design packages • Reeled pipe in pipe • new technology • Pipeline walking and lateral buckling • JIP / R&D • verification MSC An Introduction to our Company mber 2006 subsea pipelines, flowline solutions riser solutions Septe

Summary • We have an established commercial presence in Paris. • We are considering operational presence. • We are Working for STOLT on West African projects. • We are assisting GTT in cryogenic pipe certification. • We are completing first TOTAL project. • We bring other West African project experience. • We provide niche, ‘high end’ engineering. • We provide detailed design capability. • We target projects where we add value. • We are successful in technically challenging projects. • We provide innovative solutions and cost saving ideas. • We are the technical alternative to established players. • We will team up with MSC where we jointly add value. An Introduction to our Company September 2006

delivering subsea solutions An Introduction to our Company mber 2006 Septe