Bristol, 27th January 2016 Company overview

 Subsea UK Member  FPAL registered (registration number: 10051590)  Customer focused, unique engineering solutions  Regional manufacturing facilities, global sales and marketing network  Quality management system approved to international standard ISO 9001:2008  Environmental management system approved to international standard ISO14001:2004 & Occupational Health and Safety BS OHSAS 18001:2007

. AIS’s head office is located in Gloucestershire. . The facility consists of office space (16,000ft2), workshop (32,250ft2) and a yard area (28,000ft2). AIS has additional production facilities (19,000ft2 workshop and 3,000ft2 yard) available in Leeds.

. Formed in 2007. . > 425 employees worldwide . Specialise in the manufacture and application of unique syntactic phenolic and silicone resin based foam subsea insulation, buoyancy and passive fire protection systems for the worldwide oil and gas industry. . Head Office in Gloucester, UK. . Offices and representatives worldwide. Aberdeen • Head Office (UK) Gloucester(UK) Sao Paolo Leeds • Research & Development (Brazil) (UK) Gloucester (UK) •Manufacturing Gloucester Leeds Gloucester

Plymouth (UK) Dubai Singapore Dubai (UAE) Sao Paolo • Sales Gloucester , Leeds Houston Aktau Abu Dhabi & Dubai (USA) (Kazakhstan) Singapore Houston Aktau Sao Paolo What is Manuplas?

• Formed in 2003 but had existed previously under the Hippo Marine brand • Over 35 years of experience providing bespoke solutions in sprayed, cast, moulded and foamed polymer systems. • Development of subsea products range in the last 7 years (syntactic and moulded products) Plymbridge House, Plymouth. • For many years Manuplas has been supplying ‘indirectly and invisibly’ to the market • Acquired by Advanced Insulation in May 2014. • Manuplas currently employ approx 45 people at a 50,000 sq ft site in Plymouth and have purchased a second facility (Plymbridge House) for their subsea product manufacture (90,000sqft total).

Manuplas Plant, Plymouth. Products & engineering capabilities

Advanced Insulation Systems Ltd develop and manufacture phenolic and silicone based materials under the ContraTherm® brand for the provision of: • topsides fire protection and insulation • subsea thermal insulation

Subsea Buoyancy and SURF ancillary products are manufactured under the Manuplas brand including: . Distributed Buoyancy . Installation Buoys . ROV Buoyancy . Cable Protection . Clamping and Piggyback systems Manuplas also manufacture a range of marine buoys and fenders. ContraTherm®

Products & service strategy

For the subsea market AIS’ strategy is to provide superior insulation products through:

• Designing, qualifying & manufacturing its own product ranges in-house. • Testing the insulation products to the highest possible standards. • Providing direct (wet) applied & pre-moulded (removable) insulation solutions. • Applying the insulation at the equipment fabrication site. • Providing factory support to fabrication facilities. • Supplying a complete installation package irrespective of location. ContraTherm®

C55 series product

• A syntactic phenolic resin insulation foam coated in a glass reinforced phenolic composite outer layer. • Hand applied to substrate to give maximum flexibility of application. • Can be pre-cast into predetermined shapes for retrofitted doghouse/flange cover service. • Phenolic base guarantees excellent resistance to heat enabling extreme temperature performance ideally suited for HT/HP service. • A rigid thermoset material more suited to static field applications such as Xmas Trees. • Fully qualified to 3000msw (9,840ft) service at 150oC (302oF) service temperature. Qualified to SWIS JIP (Chevron led), ISO 12736, Total GS EN COR 226 and ExxonMobil GP650801. ContraTherm®

C25 series product • A syntactic silicone resin insulation foam. • Mould applied to substrate to any reasonable shape profile. • Can be pre-cast into predetermined shapes for retrofitted doghouse/flange cover service. • Can be adhesively bonded to other insulation materials (inc. polypropylene). • Silicone base guarantees excellent resistance to heat enabling high temperature performance ideally suited for HT/HP service. • Fully qualified to 3000msw (9,840ft) service at 150oC (302oF) service temperature. Qualified to SWIS JIP (Chevron led), ISO 12736, Total GS EN COR 226 and ExxonMobil GP650801. • C25 is probably the most tested and qualified insulation material in the world. ContraTherm® NorthSea Devenick (BP) Pelican (TAQA) Skarv Idun (BP) Islay (Total) Bacchus (Apache) East Brae (Marathon) Morvin (Statoil) Pierce (Shell) Kristin (Statoil) Jasmine (Conoco) Andrew (BP) Global Presence Kinnoull (BP) Hild (Total) Tweedsmuir (Talisman) NW Seymour (BG) Montrose (Talisman) Monarb (BP) Western Isles (Dana)

Middle East Tuart (BG) Krishna Godavari (ONGC) West Nile Delta, Shah Deniz (BP)

North America SE Asia & Australia Deep Panuke (EnCana) Laminaria (Woodside) Caesar Tonga (Anardarko) Stybarrow (BHP) Isabella (BP) Perseus/Goodwyn (Woodside) Tubular Bells (Hess) Pluto (Woodside) White Rose (Husky) Wheatstone (Chevron) Hebron (Exxon) Julimar (Apache) Jack/St. Malo I & II(Chevron) West Africa South America Erha North (ExxonMobil) Guara Lula () Akpo , Usan, Kaombo (Total) MUX (Petrobras) Abo, 15/6, Mpungi () Kizomba Satellites I & II (ExxonMobil) Aseng (Noble) Tombua Landana, Lobito Tombocco (Chevron) PVSM (BP) ContraTherm® Track record and project experience

200+ major project references to date (of which 30+ are C25 silicone).

C55 Product in the field since 2001 (C25 since 2011) operating at high temperature.

Product supplied to major contractors including OneSubsea, Aker Solutions, GE Oil & Gas, Technip, Subsea7, Heerema & amongst others.

Product accepted by ConocoPhillips, Total, Statoil, BP, Chevron, ONGC, ENI, Woodside, BHP, Talisman, Anardarko, ExxonMobil, Shell, TAQA, EnCana, Apache, Marathon, Noble & PetroCanada.

Structures insulated are trees, manifolds, PLEMs, jumpers, tie-in spools and connections systems. AIS systems are approved by the following oil and gas companies Single point responsibility

AIS provides a complete ‘supply and apply’ service for all passive fire protection, buoyancy and insulation needs:  UK Manufacturing  Sourcing and supply of materials  Shipping and site logistics  Worldwide application and manpower supply using own pool of qualified certified applicators  Verifiable audited performance records for the entire contract ContraTherm® C55 Application Images

Statoil Kristin

Manifold

Site Work in Egersund, Norway ContraTherm® C25 Application Images

ExxonMobil Erha North

Manifold Pigging Loop Connectors

Site work in Onne, Nigeria ContraTherm® C25 Application Images Chevron Jack / St. Malo

Jumper Kits

Site work in Berwick, USA ContraTherm® Flange covers & Doghouses

Total Akpo & Usan

BP PVSM

OneSubsea CHC Connection System ‘Doghouse’

Site work in Gloucester, UK.

Development work in UK.

Other designs are available. ContraTherm® C25 Application Images Tullow T.E.N.

VCS Connection System

Site work in Port Klang, Malaysia

Development work in UK. ContraTherm® C25 Application Images

ExxonMobil Erha North

OneSubsea VCCS Connection System (Outboard Connector)

AIS Factory Work ContraTherm® C25 Application Images

Total Kaombo

HCS Connection System

Site work in Gloucester, UK.

Development work in UK. Buoyancy projects Distributed Buoyancy

. Distributed Buoyancy (Jumper/Flowline/Riser applications) . Half shell buoyancy elements . Engineered clamp technology (Simple Engineered or Compliant type) . Shallow-3000msw rated . Kevlar/ Smartband securing straps . 25 year design life

Patent pending compliant clamp technology Contact Details

Guy Downie Global Sales Manager – SURF Products Email: [email protected] Dir: +44 1452 880807 Mob: +44 7408 847345 Fax: +44 1452 880888 Thanks for your attention 

Questions?