part of Aker

Deepwater subsea technology,

BPMIGAS NORAD PETRAD INTSOK CCOP Seminar on Stranded Gas 11 13 May 2009 Sheraton Mustika Yogyakarta Kjell Garvik VP Sales & Marketing Asia Pacific

2008 Aker Solutions

Exploring our subsea world

Slide 2 2008 Aker Solutions part of Aker

Agenda
Subsea Technology Field Architecture and Aker Solutions Subsea Project references Subsea Processing and Boosting

Slide 3

2008 Aker Solutions

part of Aker

Aker Solutions leading global provider of solutions to the oil

& gas industry from reservoir to onshore processing facilities

Exploration & drilling

Concept screening & selection

FEED

EPC

Inst. Maint.

Operation Mod. Maint.

Removal

Slide 4

2008 Aker Solutions

part of Aker

Creating the preferred subsea lifecycle partner

Technology leadership in business segments Combine offerings to create new business opportunities

CAPEX
FEED and exploration Subsea technology deliveries

OPEX
Subsea Lifecycle services Well intervention & oilfield services

SURF

Slide 5

2008 Aker Solutions

part of Aker

Subseas technology and service portfolio

Subsea XMT Umbilicals Controls

Subsea systems

Surface products

Marine operations

Subsea lifecycle services

Well services

Geo services

Slide 6

2008 Aker Solutions

part of Aker

Subsea manufacturing plants with global capability

Aberdeen, Scotland Controls

Moss, Norway Umbilicals

Tranby, Norway XMT & Boosting

Houston, Texas Controls (XMT)

Mobile, Alabama Umbilicals

Batam, Indonesia Surface XMT & Subsea WH

Rio das Ostras, Brazil Drilling risers

Curitiba, Brazil XMT, manifolds, Slide 7 PLETs, PLEMs etc

Port Klang, Malaysia

manifolds, 2008 Aker Solutions buoyancy,

XMT, drilling risers, controls, valves

part of Aker

Malaysia - fully integrated Subsea execution hub Manufacturing Centre

Subsea Structures

Painting & Blasting

XMTs

Machining Drilling Risers Controls

Slide 8 2008 Aker Solutions part of Aker

Where Have We Been?

100 m.

Ea rly

90 s

500 m.

M id

90

1,000 m.

90

Moving Into The Deep

1st subsea completion was in 1947 in 40 ft water Subsea completions designed for water depths of up to 3,000 meters Deepwater completions will make up over 50% of the subsea wells

M id

2,000 m.

La te

90 s

3,000 m.

Ea rly
Slide 9 2008 Aker Solutions part of Aker

20 00 s

Subsea trees
We have field proven technology

for subsea trees, with experience dating back to the 1950s subsea trees for customers worldwide

We have provided more than 650

We offer:
4, 5 and 7 systems Trees with pressure ratings up to 16 500 psi Trees suitable for temperature ranges between - 33 C to 175 C Trees suitable for water depths up to 3 000 metres
Slide 10 2008 Aker Solutions part of Aker

Why Standardisation ?
Provides a predictable product and enhances Aker Solutions ABILITIES (MRP) to deliver at the right quality, at the right time and at the right price

MANUFACTURABILITY REPEATABILITY PREDICTABILITY

Our success Is Your success

12-May-09

Slide 11

2008 Aker Solutions

part of Aker

SCT Standard Configurable Tree

Different configurations based on core components Utilising qualified and proven technology Core components:
spool assembly production and annulus wing assembly tubing hanger hybrid penetrator Wellhead connector valves and actuators Reduced Engineering hours Reduced machining times Reduced assembly times Reuse of tooling Reduced lead time and less risk.

Additionally, the following is achieved

12-May-09

Slide 12

2008 Aker Solutions

part of Aker

Standard Configurable Tree leads to RapidSolution program - our answer to the market
Standardised tree Stocking program Delivery capacity

RapidSolutionTM subsea tree program

Slide 13 2008 Aker Solutions part of Aker

Project Execution Time Rapid Solution Standard Configurable Tree

PROJECT EXECUTION

SYSTEM ENG

PROC & MAN

A&T

SIT

10

11

12

13

14

15

16

17

18

19

20

21

22

MONTHS

12-May-09

Slide 14

2008 Aker Solutions

part of Aker

Very competitive lead times

Wellhead Subsea tree Controls equipment Rental tools

Shallow water

Deep water

2 months

6 months
Slide 15

6 months
2008 Aker Solutions

Tool pool
part of Aker

RapidSolution DW trees built in KL, Malaysia

SCT RS - REVB.ppsx

State-of the art machining, assembly and test plant for Subsea Trees and Controls Total of 31 XMT delivered or in process since 2007/2008

to edit this text

Slide 16

2008 Aker Solutions

part of Aker

Control systems
We have delivered over 900 control

systems since the mid-1970s

Our new system iCon (intelligent

control) takes us to another level of service provision

We offer:
iCon subsea control modules iCon subsea electronic modules Flow measurement systems Pressure protecting systems (HIPPS) Topside equipment

Slide 17

2008 Aker Solutions

part of Aker

Product lines

Topside Computer Systems

Topside HPU

Topside EPUs

Distribution System

Subsea Control Modules

SEM

Instrumentation

Slide 18

2008 Aker Solutions

part of Aker

Multiplexed Electro-Hydraulic
Master Control Station Electrical Power Unit Hydraulic Power Unit

Umbilical
Signal Power Hydraulic

Subsea Distribution Unit Subsea Control Module Subsea Control Module Tree
Subsea Electronics Module

Subsea Control Module Subsea Control Module

Tree

Slide 19

2008 Aker Solutions

part of Aker

Tree

Subsea Electronics Module

Subsea Electronics Module

Tree

Subsea Electronics Module

Modules Completed or in Production from Malaysia

1. 6 off Murphy Kikeh (Mono lock) 2. 6 off NH Gimboa (Twinlock) 3. 4 off Venture (Twinlock) 4. 2 off Dalia (Twinlock) 5. 9 off Reliance XMT (Twinlock) 6. 2 off Venture SNS (Twinlock) 7. 2 off Reliance CIU (Twinlock) 8. 1 off Dumbarton (Divermateable) 9. 2 off McCulloch (Divermateable) 10. 2 off Repsol (Twinlock) 11. 4 off OYO (Monolock) 12. 3 off Reliance XMT, CIU, SDA Twinlock) 13. 3 off Murphy (Monolock)

Solenoid being assembled

Slide 20

2008 Aker Solutions

part of Aker

Umbilicals and Power Cables

We are a world leader in the design

and manufacture of steel tube umbilicals

We have delivered more than

3 500 km of our umbilicals in the past 15 years

We offer: Electro-hydraulic umbilicals Direct hydraulic umbilicals Carbon fibre enhanced deepwater dynamic umbilicals Integrated production umbilicals Direct Heating Power cables
Slide 21 2008 Aker Solutions part of Aker

Tie-in connection systems

We have more than 20 years

experience in delivering reliable and cost-efficient tie-in solutions and tools special purpose designs

We provide tool rental options and

We offer:

Connectors Diverless connection systems being Horizontal (GHO) or Vertical (VCM/VCS) Tools Jumper spools Supplementary equipment

Slide 22

2008 Aker Solutions

part of Aker

Manifolds and structures

We have a diverse portfolio of

manifolds suitable for any location, water depth or conditions

We offer:
Overtrawlable templates and manifolds Deepwater cluster manifolds Open satellite protection structures Process Modules PLETS / PLEMS
Slide 23 2008 Aker Solutions part of Aker

Subsea Life Cycle Support

Installation support to operators Tools for installation and maintenance Service bases around the world providing: Preparation of subsea equipment Storage of equipment Storage of tools Offshore maintenance of tools and equipment Personnel Service and upgrades of subsea equipment

Well stimulation Rental hub: tie-in, connection and intervention tools Wellhead tools

Slide 24 2008 Aker Solutions part of Aker

Agenda
Subsea Technology Field Architecture and Aker Solutions Subsea Project references Subsea Processing and Boosting

Slide 25

2008 Aker Solutions

part of Aker

Operational parameters changes over the life of field, hence flexible system architecture is required
Maximizing oil recovery during the lifetime require flexible system architecture to accommodate:

Phased field development Piggy back adjacent fields & new discoveries Changing reservoir conditions Converting well service Equipment upgrading Etc.

Life of Field 10 to 30 years

Field Development

Field in Operation

Slide 26

2008 Aker Solutions

part of Aker

Example flexible subsea field architecture

FPSO Field 1: Piggy backed to tap far end of reservoir

Field 1: Four or six slots manifolds to accommodate growth

Field 2: Boosting station added to enhance oil production

Rate [bpd]

Field 2: Later discovery, piggy back to Field 1

Extended production, late boosting

Delayed CAPEX

Normal, Unboosted production

Boosted Production

Time [years]
Slide 27 2008 Aker Solutions part of Aker

Example: Kikeh, Malaysia 1,350 meter of water depth

- SPAR dry tree unit - FPSO - 17 Subsea Wells:
- 4 Production - 12 Water Injection - 1 Gas Injection

Slide 28

2008 Aker Solutions

part of Aker

Example: Reliance KG-D6 Field Layout India

Subsea Scope: 11 Manifolds 19 Trees w/Controls Top Side Controls System 160 km Umbilicals & Power Cables Tie-in System, 195 tie-in points Tooling Installation & Aftermarket Services

Slide 29

2008 Aker Solutions

part of Aker

Reliance MA-D6 Project - India

XMT Details General Field Details

No of trees Water depth Well pressure Well temperature

7 (6 production + 1 injection) 1 000 1 400 meters 5 200 psi 93C to 112C

7 horizontal XMTs Water dept Tree size Temp rating Design life

Producer or injector 2 000 meters 5 X 2 rated 10 000 psi Class U 20 year HH material class Dropped object protection

Structure:

12-May-09

Slide 30

2008 Aker Solutions

part of Aker

Total Dalia Project - Deep water - Angola

General Field Details

No of trees Water depth Tree size Design Pressure Structure:

67 PXMT, GIXMT, WIXMT 1500 meters 5 bore/ 7 prod tubing 5000 psi Dropped object protection

Tie- in sys PSL Level Matl class Downhole lines

GHO 3G HH 6 hyd/ 4 el Batch completion

Installation method Wire (LTRT)/ DP (TRT)

12-May-09

Slide 31

2008 Aker Solutions

part of Aker

High pressure / high temperature Projects & Deepwater Umbilical - HW Power Cable Project

Kristin
StatoilHydro HP = 15 000 psi HT = 170C

Morvin
StatoilHydro HP = 15 000 psi HT = 170C

Chinook/ Cascade
Petrobras 2 700 m water depth 70 km high voltage power cables as well as static and dynamic steel tube umbilicals to be installed in the Gulf of Mexico

Delivery of subsea production Delivery of subsea production system with system in the North Sea 15 subsea trees in the North Sea

First true HP/HT subsea project

Testament to our HP/HT technology

Ground breaking application

Slide 32

2008 Aker Solutions

part of Aker

Agenda
Subsea Technology Field Architecture and Aker Solutions Subsea Project references Subsea Processing and Boosting

Slide 33

2008 Aker Solutions

part of Aker

Subsea processing and boosting a game changer

Slide 34

2008 Aker Solutions

part of Aker

Boosting
Award winning technology proven

to increase oil recovery potentially by several million barrels of oil per well.

Major awards

We offer:
MultiBooster LiquidBooster GasBooster

2006 OTC Spotlight on new technology and ONS innovation award MultiBooster

Slide 35

2008 Aker Solutions

part of Aker

Processing
Our process systems range from

simple two-phase separation through to much more complex needs. Our aim is to help unlock the recovery potential of new and existing field developments.

We offer:
DeepBooster FlexSep SeaBooster system Power distribution Condition monitoring

Major awards 2007 OTC Spotlight on new technology SeaBooster

Slide 36

2008 Aker Solutions

part of Aker

Increased oil recovery (IOR) Projects

Tyrihans
StatoilHydro SeaBooster Delivery of a raw subsea seawater injection system in the North Sea

Ormen Lange
StatoilHydro Subsea compression Delivery of subsea compression pilot for Ormen Lange in the North Sea

Lyell
CNR International MultiBooster Worlds first twin-screw multiphase pump in operation on the UK Continental Shelf.

King
BP MultiBooster Two multiphase pumps installed at 1 700m with 28km step-out in the Gulf of Mexico

Increase gas production by 10%

A world first for subsea compression

Exceeding expectations

World-record breaking project

Slide 37

2008 Aker Solutions

part of Aker

Aker Solutions is the only company in the world that can manufacture and deliver complete subsea solutions, including umbilicals.

CREATING OPPORTUNITIES

Slide 38

2008 Aker Solutions

part of Aker

Copyright
Copyright of all published material including photographs, drawings and images in this document remains vested in Aker Solutions and third party contributors as appropriate. Accordingly, neither the whole nor any part of this document shall be reproduced in any form nor used in any manner without express prior permission and applicable acknowledgements. No trademark, copyright or other notice shall be altered or removed from any reproduction.

Disclaimer
This Presentation includes and is based, inter alia, on forward-looking information and statements that are subject to risks and uncertainties that could cause actual results to differ. These statements and this Presentation are based on current expectations, estimates and projections about global economic conditions, the economic conditions of the regions and industries that are major markets for Aker Solutions ASA and Aker Solutions ASAs (including subsidiaries and affiliates) lines of business. These expectations, estimates and projections are generally identifiable by statements containing words such as expects, believes, estimates or similar expressions. Important factors that could cause actual results to differ materially from those expectations include, among others, economic and market conditions in the geographic areas and industries that are or will be major markets for Aker Solutions businesses, oil prices, market acceptance of new products and services, changes in governmental regulations, interest rates, fluctuations in currency exchange rates and such other factors as may be discussed from time to time in the Presentation. Although Aker Solutions ASA believes that its expectations and the Presentation are based upon reasonable assumptions, it can give no assurance that those expectations will be achieved or that the actual results will be as set out in the Presentation. Aker Solutions ASA is making no representation or warranty, expressed or implied, as to the accuracy, reliability or completeness of the Presentation, and neither Aker Solutions ASA nor any of its directors, officers or employees will have any liability to you or any other persons resulting from your use. Aker Solutions consists of many legally independent entities, constituting their own separate identities. Aker Solutions is used as the common brand or trade mark for most of these entities. In this presentation we may sometimes use Aker Solutions, we or us when we refer to Aker Solutions companies in general or where no useful purpose is served by identifying any particular Aker Solutions company.

Slide 39

2008 Aker Solutions

part of Aker