Who we are and what we do - European Job Days · Slide 5 Employees: 21 500 Contract staff: 6 500 Revenues: 44.9 bn EBITDA: 4.7 bn Market Cap: 25.1 bn Revenues and profits are in NOK

Confidential © 2014 Aker Solutions Preferred partner

Preferred partner

Who we are and what we doEngineers Mobility Days, Coimbra May 21 2014

Mari Sofi Korslund & Alexandre Braga

Reliable subsea

production solutions

May 21, 2014 Who we are and what we doSlide 1


Agenda

■ Introduction to Aker Solutions

■ Introdution Subsea

■ Kaombo Project

21 May 2014 Who we are and what we doSlide 2


Who I am

■ Mari Sofie Korslund

■ Education■ 2007: French and history, Sorbonne Paris IV

■ 2010: International politics, University of Portsmouth, UK

■ 2011: Masters in European Studies, NTNU

■ My Aker Solutions experience:■ 2012-2013: Executive assistant Chief HR Officer and Chief Communications Officer

■ 2013: International Talent Programme Manager

■ 2013: Attract team member

6 February, 2014Slide 3


Agenda



■ Kaombo Project



This is Aker Solutions

■ Provides oilfield products, systems and

services for customers in the oil and gas

industry world-wide

■ Built on more than 170 years of industrial

tradition

■ Employs approximately 28 000 people in

more than 30 countries

Slide 5

Employees: 21 500

Contract staff: 6 500

Revenues: 44.9 bn

EBITDA: 4.7 bn

Market Cap: 25.1 bn

Revenues and profits are in NOK and for 2012.

Market capitalisation as of 6 Nov 2013.

6 February, 2014


Where we are – a global footprint

Slide 6

Angola

Australia

Azerbaijan

Brazil

Brunei

Countries: ~ 30

Locations: ~ 80

Canada

China

Cyprus

Denmark

Finland

France

Germany

India

Indonesia

Italy

Malaysia

Nigeria

Norway

Russia

Singapore

South Korea

Sweden

Thailand

UAE

United Kingdom

USA

Vietnam

6 February, 2014


Through the life of a field

■ Our knowledge and technologies span from reservoir to production,

and through the life of a field.

Slide 7

Exploration

Geological

interpretation

Exploration

drilling

Production testing

Development

Concept,

FEEDs

Detail design,

project mgmt

Hook-up,

completion and

commissioning

Decomm

Safe decomm

and removal

Tie-ins

Water, gas injection

Tertiary recovery

(EOR)

Drilling

upgrades

Platform

upgrades

Lowpressure

production

Production

Process

optimisation

Secondary

recovery, (IOR)

De-bottle-

necking

6 February, 2014


The energy market drivers

■ Demand driven by growth in

population and wealth –

particularly in developing

countries

■ Lack of viable substitutes to

oil and gas

■ Rapid depletion of existing

producing reserves

■ More complex and

inaccessible reserves

Slide 8

Aker Solutions is well positioned to grow on the back

of these energy trends.

6 February, 2014

Source: IEA World Energy Outlook 2013


Our vision and values

Our vision is to be the preferred partner for solutions in the oil and gas

industry through living our values.

Who we are and what we doSlide 10 May 21, 2014


Norway

Americas

Asia-Pacific

Africa & Middle East

Europe

PhD and Master

Bachelor

Professionals

Higher education

Skilled worker

Other

Competent and experienced workforce

Who we are and what we doSlide 11

Work force

by degree

28 000

28 000

Work force

by region

May 21, 2014


Agenda



■ Kaombo Project



Because the seafloor is the new surface

[paste video directly; 2:56mins]


Confidential © 2014 Aker Solutions Preferred partner21/05/2014Slide 14

SubseaAlexandre Braga | Specialist Engineer


Who I am

■ Alexandre Braga Lacerda

■ Education ■ Mechanical Engineer

■ MBA – Project Management

■ My Aker Solutions experience:■ 1996: Started in the Oil & Gas business - BR

■ 1996-2004: Subsea Equipment Designer – BR/NO■ 1997 – Project from Brazil executed from Norway - NO

■ 2001 – Dalia project - NO

■ 2005-2011: Project Engineer, Lead Engineer and

Engineering Manager in subsea projects – BR/USA■ 2006 – Brazilian project executed from Houston - USA

■ 2011-2012: Short break of AkerSolutions■ Moved to Norway and worked for GE Oil & Gas

■ 2012-2014: Subsea Power & Processing■ Engineering Manager

■ 2014: Kaombo Project■ Local Content Manager

6 February, 2014Slide 15

Confidential © 2014 Aker Solutions Preferred partnerSlide 16

What is subsea – what are the challenges?

We have found oil & gas below the seabed. We have a processing facility somewhere and need to get the oil & gas there. How do we do it?

Oil & Gas Reservoir

Seabed

Sealevel FPSO

0-3000 m

(or

11.000m)

1000 -

5000 m

■ We establish a piping system between the reservoir and the processing unit. Then the oil flows by itself? Maybe!

■ Basically this is it!

■ BUT; a little bit more complicated

Subsea Awareness Week


Umbilical

Well JumperProduction Line

Manifold

XT


What is a Subsea XT ?

■ Equipment of the Oil & Gas Subsea Production System that is

installed on the Well Head and has, between others, a main function

of working as a safety barrier for the well, allowing the production to

flow, or not, according to the operational need.

The TapTo isolate and regulate

Flow

Confidential © 2014 Aker Solutions Preferred partner21 May, 2014Slide 19

VXT System on Wellhead HXT System on Wellhead

Confidential © 2014 Aker Solutions Preferred partner21 May, 2014Slide 20

Tranby Technology and Manufacturing Centre

823 employees

35 000m2 buildings 23 000m2 workshops

Subsea technology ISO 9001/14001


Umbilical

Well JumperProduction Line

Manifold

XT


Subsea Structures

■ Template

■ Manifold

21 May, 2014Slide 22

Collection points for the output from the various wells and a

connection and isolation point for the pipeline


State of the art inhouse facilities / sites

21-May-14 Slide 23

Aker Solutions Egersund – Unique experience from topside and subsea making success for subsea compression


Agenda



■ Kaombo Project



Kaombo field development!


Kaombo will be the world’s largest subsea development project!


Total states:

“A flagship project in a country of strategic importance for

Total, Kaombo will secure the sustainable growth of Angola’s

offshore resources through the mastery of state-of-the art

technologies.”http://total.com/en/energies-expertise/oil-gas/exploration-production/projects-achievements/deep-offshore/kaombo

The world’s largest subsea development – Kaombo will

cover 9 reservoirs, each with a potential of 300 mill barrels

of o.e. http://www.2b1stconsulting.com/total-adopts-converted-design-for-angola-kaombo-fpsos/

License partners:• Total 30% (operator)

• Sonangol 35%

• SSI32 20%

• Marathon 10%

• Galp 5%

http://total.com/en/energies-expertise/oil-gas/exploration-production/projects-achievements/deep-offshore/kaombo

http://www.2b1stconsulting.com/total-adopts-converted-design-for-angola-kaombo-fpsos/


Kaombo is situated in block 32 - 150 km offshore the Angolan coast


Angola• Capital: Luanda

• Population: 18.5 mill

• Area: 1.246.700 km2 (4 x Norway)

• Official language: Portuguese

• Government: Republic

• President: Jose Eduardo dos Santos

• Currency: Kwanza

Previous AkerSolutions projects in

South-west Africa• Moho, Total – Congo

• Gimboa, Hydro/Sonangol – Angola

• Dalia , Total – Angola

• Oyo, - ENI - Nigeria

• Tie-in stand-alone projects in Ghana and Nigeria


The Kaombo development consists of 6 fields and

covers an area of 1090 km2


The KAOMBO development consists of

reservoirs within six fields:

• Gengibre

• Canela

• Gindungo

• Louro

• Mostarda

• Caril

Paris city center: 105 km2


Kaombo Scope of Work


64 off

Well

Heads

64 off

PGBs

65 off

VXT

20 off

Foundations &

Levelling

Frame

20 off

Manifolds

20 off

SDUs

2 off

WOS

2 off

SSIV

35 off

Well

Jumpers

21 off

Welding in

Angola

21 off

manufactured

in Angola

21 off

Assembly & Test

in Angola

20 off

manufactured

in Angola

10 off manufactured

in Angola 35 off

Manufactured

in Angola


Aker Solutions in Angola

Who we are and what we do

Service offering

■ Subsea services

■ Intervention vessels

■ Well services

Further build up in Africa

■ Congo

■ Nigeria

■ Equatorial Guinea

■ Ghana

■ Tanzania

Employees: 130

Angolan emp: 81%

Established: 2003

Main projects■ Total - Kaombo

■ Sonangol- Gimboa

■ Total - Dalia

Slide 30 21 May, 2014


Added Angolan capabilities: major investments

■ 50% workshop expansion

■ 100 new work stations

■ Advanced in-doors service and

XMT A&T facility


SONILS expansion NEW – location not yet determined

■ Office, workshop and storage

■ Advanced tie-in A&T

■ Controls repair facility

■ Hyperbaric chamber

New

high

bay

New

offices

Current set-up


Positions we are currently recruiting

Luanda, Angola

■ Subsea Engineering Career Programme (job.id: 15465)

■ Workshop XMT Mechanic (job.id: 15660)

■ Cost Controller (job.id: 15661)

Tranby, Norway

■ Senior Project Engineer, Subsea Trees (job.id: 15623)

■ Senior/Lead Engineer Well Control (job.id: 15622)

Fornebu, Norway

■ Engineering Manager, Workover (job.id: 15625)

■ Senior System Engineer/Lead, Workover (job.id: 15624)

akersolutions.com/career


http://akersolutions.com/career


Obrigado!


Copyright and disclaimer

CopyrightCopyright 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.

DisclaimerThis 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 ASA’s (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.

Who we are and what we doSlide 34 May 21, 2014

Documents

Who we are and what we do - European Job Days · Slide 5 Employees: 21 500 Contract staff: 6 500 Revenues: 44.9 bn EBITDA: 4.7 bn Market Cap: 25.1 bn Revenues and profits are in NOK