Presentation Contents1. Company structure2. The Sevan technology3. FPSO Sevan Piranema4. FPSO Sevan Hummingbird5. FPSO Sevan Voyageur6. FPSO for ENI Goliat field7. Sevan Driller No 18. FLNG9. GTW (Gas To Wire)10. Sevan bridge linked WHPIce Hull11. Sevan Ice Hull

Company structure

Sevan Marine ASA

Kanfa ASSevan DrillingSevan Production AS

100%

80%

100%

Sevan Production Services Pte Ltd

Sevan Pte Ltd Singapore

100% 100%

Sevan TBN Pte Ltd.

Sevan TBN Pte Ltd.

Kanfa TEC

Kanfa Aragon

Mator

100%

100%

100%

Sevan Marine do Brasil Ltda

FAUFloatingAccomodationUnit

The Sevan Platform- the versatile ttechnology -

FDPSOFloatingDrillingProductionStorageOffloading

MSVMultipurposeSupportVessel

FPSOFloatingProductionStorageOffloading

GTWGasToWire(Offshore powerplant)

MODUMobileOffshoreDrillingUnit

FLNGFloatingLiquefiedNaturalGas production

FPSO Sevan PiranemaIn operation since October 2007

Field operator: PetrobrasContract type: Build own and operateFPSO operator: Sevan MarineLocation: Offshore AracajuWater depth: 1000m

Oil processing: 30 000 bodGas processing/ injection: 3.6 mill Sm3/day - 130 mill scfd

@ 280 bar

FPSO Sevan HummingbirdIn production since September 2008 at Venture Production Operated Chestnut field UK CNS

Field operator: Venture ProductionContract type: Build own and operateFPSO operator: Sevan MarineLocation: UK Central North SeaWater depth: 120mHull size: Sevan300

Oil processing: 20 000 bodWater injection: 20 000 bwdLiquid combined: 30 000 bld

Retrofit of gas compression studied for future field.

FPSO Sevan Voyageur at the Premier Oil operated Shelley fieldFirst offloading September 2009

Field operator: Premier OilContract type: Build own and operateFPSO operator: Sevan MarineLocation: UK Central North SeaWater depth: 120mHull size: Sevan300

Oil processing: 20 000 bodWater injection: 20 000 bwdLiquid combined: 30 000 bldPower for two ESPs

Retrofit of gas compression studied for future field.

FPSO Sevan 1000 for the ENI operated Goliat FieldField operator: ENI NorgeContract type: Technology licensing FPSO owner: Goliat license Location: Norwegian Barents SeaWater depth: 400mHull size: Sevan1000Total liquid processing: 110 000 bbl/dayOil stabilization and desalination 110 000 bbl/dayProduced water re-injection: 75 000 bbl/daySea water injection: 125 000 bbl/dayRich wet gas processing: 140 MM Scfd Power from shore: 60 MW (HVAC)

Winterization

Protection of personell (and equipment) against wind, low temperatures, rain, sleat, hail, snow and icing

Areas not exposed to hydrocarbons will be100% enclosed.

Process areas will have weather tight roof and perforated walls to ensure ventilation

Large benfits to working environment;weather protection, heated work areas and safer material handling

Sevan Driller No:1 Naming ceremony COSCO yard,Qidong, ChinaAugust 2009Contracted by Petrobras

Sevan Driller No:2 contracted by ONGCSevan Driller No:3 contracted by Petrobras

FLNG application

• Simplified tank system• More deck space for process and liquefaction system• No requirement for swiveling of cooling water

Condensate Tanks

Ballast Tanks

LPG/LNG Tank

LNG Tanks

Chain Lockers

Hold Space

LNG storage (6 tanks): 180 000 m3

LPG storage (1 tank): 30 000 m3

Condensate storage (6 tanks): 28 000 m3

Ballast tanks (24 tanks): 87 000 m3

Floating powerplant applicationsOnboard Co2 capture and compression plant feasible

ElevationsFPSO with dry tree completionsBridge-link to wellhead platform at moderate waterdepths

Concept Description - Sevan FPU-ICE

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