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Engineering and construction excellence to deliver FPSO on-time and within budget

Yard Of Choice 01 02 03

About Us Petrobras P71 FPSO FPSO “Highlight”“ Leading Offshore EPC in Successfully delivered to Petroras in 3th Dec CIMC to provide more compet“”itive solution on 100% Belongs to CIMC Group 2019 FPSO new build projects Global Operation 01 About Us 1 Parent Company – CIMC Group

• China International Marine Containers (Group) Ltd. (CIMC) is a world leading supplier of logistics and energy equipment, headquartered in , China. • CIMC Raffles is 100% controlled by CIMC Group.

CIMC Group Major Business Airport Facilities Energy, Chemical, Food Equipment

Offshore

Containers

Transportation Vehicles

Logistics

Finance

Module Building 1 Global Layout

Based on abundant resources, CIMC Raffles is dedicated to provide EPC solution to our Clients. CIMC Raffles

Construction Other Operation Financial R&D Branches Base Facilities Service Services

Tiezhongbao Steel CIMC Offshore Yantai CIMC Financial Processing Ocean Challenger Singapore Engineering Institute China Leasing (Jack-up Leg)

Shanghai CIMC CIMC Blue Offshore & Marine Caspian Drilling (Ocean Farming) Brazil Engineering Center China

Shenzhen National Bluewhale Norway Engineering Center China Offshore

Bassoe Technology Sweden USA

Brevik Engineering Norway Sweden

Norway

Caspian Sea China United State

Shenzhen Hong Kong CIMC

Singapore OFFSHORE GLOBAL Brazil NETWORK

Sweden Caspian Sea Brazil China Shanghai Sweden Engineering Center Caspian Driller Pte. Ltd. CIMC Brazil Office Shandong Shanghai Engineering Center (Bassoe Technology) Brazil OOS Operation Co., Ltd. United State CIMC Raffles Offshore Ltd. Shenzhen CIMC Offshore Engineering Institute Ltd. Houston Representative Singapore CIMC Financial Leasing (Qianhai Shenzhen) Ltd. Yantai Tiezhongbao Steel Processing Co., Ltd. Norway Office Ocean Challenger Pte. Ltd. CIMC Offshore Holding Company (Shenzhen) Ltd. Norway Engineering Center CIMC Raffles Offshore (Singapore) Pte. Ltd. Yantai CIMC Blue Ocean Technology Ltd. Hong Kong (Brevik Engineering) Bluewhale Offshore Pte. Ltd. CIMC Raffles Yacht Ltd. 1 Product Line

Drilling Production Specialized Clean Energy Ocean Marine Platform Unit & Models Vessel Offshore Wind Farming Tourism 1 Construction Capability - Yantai Construction Base

Yantai Construction Base mainly focuses on high-end offshore equipment EPC and commissioning: • Area: 519,000m2 • Quay Length: 3369m • Deep Water Berth : -18m • 20000T Taisun Crane Peking

Yantai Base Longkou Base

Haiyang Base 1 Construction Capability - Taisun Crane

• 15 successful commercial lifts so far. • Heaviest lift up to 18,700 tons. • Specifications:

 Hoisting capacity: 20,000MT  Hoisting height : 83M / 113M  Crane span: 125m  Dry dock dimension: 380mX120mX14m 1 FPSO Track Record

Piranema Spirit Shell Penguin FPSO Voyageur Spirit Hummingbird Spirit Delvery - 2007 Under Construction Delivery - 2008 Delivery - 2007

PTTEP BONG KOT FSO Delivery Petrobras P71 FPSO RONG DOI MV12 FSO Delivery - 2006 - 2002 Delivery - 2020 1 FPSO Track Record

ABB E-HOUSE P71 Piperack & Utility Modules Delivery - 2019 Delivery - 2019

P71 GTG Modules Yinson Marlim 2 Manifold Module In process In process 02 P71 FPSO • Specification • Schedule • Construction 2 Specification Information

Item Parameter Hull Name PETROBRAS 71 Owner Petrobras(TUPI BV) Class ABS Length Overall abt 316,000mm Width Overall abt 74,000mm Beam Moulded 54,000mm Depth Moulded at CL. 31,500mm Light Weight Draught 3,684mm Displacement @3,684mm 52,709MT Frame Spacing 900mm POB 126 permanent, 34 temporary 2 Project Milestone Achievement

No. Milestone Date 1 Notice To Proceed 2017-12-28 2 All Naval& structure PO completion 2018-02-14 3 Steel cutting for block 2018-03-10 4 Keel laying 2018-05-28 5 YT MID Part Floating 2019-01-29 6 LQ load out to the barge 2019-02-18 7 YT AFT Part Floating 2019-02-20 8 HY FWD Part Floating 2019-03-09 9 Delivered from Yard 2019-12-03 10 Handover 2020-03-16 2 Construction Methodology

LQ Module AFT Part MID Part FWD Part 2 Construction Methodology 2 Construction Methodology 2 Construction Methodology 03 FPSO “Highlight”

19 3 1) To provide more flexible/competitive engineering solution for Clients

20 3 1) To provide more flexible/competitive engineering solution for Clients

Phase 1 Phase 2 Concept/Basic Detail Construction Engineering Engineering Engineering

FEED BE/CIMC-R&D,T/C T/C Execution Team& Contractor Joint Execution Team BE/CIMC-R&D Support Team Several Weeks Several Weeks BE/CIMC-R&D Coordination Detail Engineering is Team (1~2 persons) stay in Basic Construction Engineering is BE/CIMC Discipline executed in Yantai, Design Office executed in Yantai, CN with Engineers’ Team Brevik Lead Engineer BE/R&D Team’ s support works in Brevik, NO will be Yantai, CN when necessary Seamless Transition Seamless Transition

21 3 2) To provide more flexible solution on critical yard resource

It takes few months for mating in Drydock.

22 3 3) To provide Maga block or topside module solution

 FPSO:  Bigger topside module for FPSO  Bigger AFT section block with some topside equipment inside the hull  FPU:  Single one lifting for FPU topside

23 3 4) To provide more competitive equipment solution to save time and cost

Bell Mouth built by ourselves: YCRO have verified the new processing and method, and reduced interface with supplier during this course, and have guaranteed the supply of the bell mouth complies with the required schedule.

24 THANK YOU FOR WATCHING

Only extraordinary efforts can achieve extraordinary achievements

Contact information: CHEN Yunshui +86 186 6666 2949 [email protected]