Safe, robust, cost-effective solutions for the …

1 Terminale GNL Adriatico safe , robust , cost - effective solutions for the nearshore LNG market Proven solutions , Innovative Approach As the search for oil and gas takes energy companies to some of the world's most remote and inhospitable places, they are challenged to find new solutions for developing these valuable resources. For LNG plants being constructed in nearshore regions, one of the most innovative, cost effective and proven solutions is concrete gravity base structures (GBS). Now, the world's leaders in LNG and concrete GBS have come together to create a safe , robust , reliable GBS LNG solution the experts at KBR/Kvaerner. A Partnership of Strengths A global engineering and construction contractor, KBR is a pioneer in offshore oil and gas and LNG. Drawing on its 70-year offshore heritage and 40 years of experience as an LNG contractor responsible for one-third of the world's operating capacity, KBR has the specialized knowledge, tools and skills to develop and lead projects to successful completion whether offshore, onshore or nearshore.

2 Kvaerner is the world leader in marine concrete structures for oil and gas field developments with a portfolio that includes EPCI for the world's first offshore terminal for LNG receiving and regasification the Adriatic LNG regas facility, offshore Italy. Tested and continuously refined over the past 40 years, Kvaerner's gravity base structures are the most proven and dependable solutions available today. This strategic relationship ensures the most cost effective , lowest risk and safest GBS LNG solution in the marketplace. KBR and Kvaerner are aligned in their belief that all incidents can be prevented. KBR's Zero Harm: Courage to Care and Kvaerner's Just Care programs emphasize personal responsibility and commit- ment to health, safety, security and the environment.

3 +. A leading EPC company with A leading EPCI company with extensive experience in designing, extensive oil and gas platform constructing and start-up of experience, including specialist LNG plants. in concrete solutions . LNG topsides facilities = Concrete gravity base structures Integrated Team Execution Approach Developing safe , robust and cost - effective concrete GBS LNG solutions . 2 |. Adriatic LNG regasification facility, Offshore Italy Terminale GNL Adriatico | 3. Why Concrete GBS LNG? Concrete gravity based structures offer many advantages over conventional LNG developments in remote offshore and nearshore regions. Stable Held in place on the seabed by its own gravity rather than pilings, concrete GBS maintains stability in locations with difficult soil conditions, high winds, waves, ice loads and even earthquakes robust Eminently suited for LNG processing facilities due to their ability to withstand extreme cryogenic temperatures and for application in ice-fested arctic waters Prebuilt Can be constructed and commissioned in a hospitable dry dock environment where skilled labor is plentiful before being towed to its nearshore permanent location Low Environmental Impact Compared to land based LNG plants, minimal soil disturbance, little to no onshore infrastructure and no shipping channel required Lower cost Constructed of one of the most economical.

4 Lowest maintenance materials available, concrete GBS LNG. is also cheaper to build because it eliminates the need for both dredging and jetty construction and reduces labor costs typically incurred from accomodation camps and transportation Lower Risk Based on proven technologies in use for over 40 years and constructed in a controlled, dry dock environment, concrete GBS LNG delivers lower risk with a high degree of execution certainty relative to HSSE, productivity, cost and schedule Improved Project Feasibility Ability to optimize overall authorities' approval processes over onshore plants Nearshore Arctic LNG concept allows for construction of a complete LNG facility to be built at a cost - effective site and then towed to the final location. 4 |. Arctic Specific Advantages The benefits of concrete GBS LNG are especially relevant in arctic regions where a large portion of the world's unproduced oil and gas resources are located.

5 Limited exposure of construction personnel to extreme weather Lower risk with a high degree of execution certainty Lower impact on environmentally vulnerable arctic environments Eliminates expensive foundation work Minimal to no dredging required for ship access Concrete material very suitable for arctic conditions Ice resistant designs Ability to fabricate offsite and tow, avoiding local restrictions | 5. 2005. Sakhalin 2 PAB GBS. 2005. Sakhalin 2 LUN A GBS. The KBR Kvaerner GBS LNG Solution 40 + Years, 60 + Related Projects, Groundbreaking GBS LNG Facilities Delivered 1998. KBR Kvaerner's concrete GBS LNG solution is based on technology, design, construction Floating LNG Terminal and installation methods that have been proven over decades. The GBS configuration uses 1998.

6 Features from Kvaerner's Adriatic receiving terminal, adapted to resist extreme sea ice LNG Lin Haulback and wave loads. The topsides layout is based on KBR's experience designing onshore Conoco LNG plants and offshore FPSOs, as well as studies and FEEDs for near shore and offshore FLNG facilities. Other design elements incorporate well-proven systems for gas treatment, 1998. Platform Mounted liquefaction and storage. The result is safe , robust , cost - effective solutions for remote arctic LNG Plant and non-arctic regions. 1998. Project Azure Full Floating LNG Chain 1998. Nigeria FLNG. 1977 Chevron Statfjord A GBS. 1998. 1976 GURF Phase II. Brent D GBS Large Scale LNG FPSO. 1975 1998. Frigg 2 GBS Sn hvit, Sacrificial LNG Barge Design 1975 1997. Brent B GBS Hibernia GBS.

7 1975 1984 1989 1993 1997. Beryl A GBS Statfjord C GBS Gullfaks C GBS Troll A GBS GURF Mid Scale LNG FPSO. 1975 1982 1987 1993 1995. Frigg CDP1 GBS Statfjord B GBS Gullfaks B GBS Draugen GBS Troll A GBS. 1975 1980 1985 1990 1995. 1976 1985 1990 1995. Sonatrach GL2Z NWS Trains 1, 2 NWS Train 3 NLNG Trains 1, 2. Algeria Australia Australia Nigeria 1979 1993 1996. Skikda GL1K Liuhua 11-1 FPSO Ras Laftan Trains 1, 2. Algeria China Qatar 1997. Badak LNG. Indonesia 6 |. 2004 2009 2013 2013. GBS Terminal and FSRU Scarborough, ExxonMobil North America Nearshore Barge Mounted Project Aria GBS LNG Study Near Offshore LNG FLNG Study, Triton 2003 2009 2012 2013. GBS LNG Storage Adriatic LNG Regasification Facility Woodside, Nearshore LNG KCS/KBR, Arctic GBS LNG. Angola LNG Technology Study Concept, Generic Study 2009.

8 Pazflor FPSO Topsides 2012. 2003 2014. Total/DSME Sakhalin 1 GBS. Offshore Floating Coral South and GBS LNG 2008 FLNG FEED. 2012. FLNG Pre-FEED Bonaparte FLNG. 2003 2014. Study Pre-FEED. Offshore LNG OMV FLNG. Terminal Topsides 2012 Study 2008. GVA FLNG King FLNG 2014. 2003 Pre-FEED. Hull Studies Confidential Jacket-Mounted 2012 GBS Study Terminal 2007 (3) Confidential Bonaparte, Hydro FLNG Pre-FEED. 2003 GBS LNG Study Port Pelican GBS LNG, ChevronTexaco 2011. FEED 2007 Pechora LNG, Pechora LNG/Vostok Raffles Sn hvit GBS LNG Study 2003. North Norway 2011. Baja GBS LNG, ChevronTexaco FEED Statoil FLNG. 2007. Pre-FEED Study FLNG. 2002. Conceptual Studies 2010. GBS Mounted LNG Terminal Sunrise, Woodside Edison 2007 GBS LNG Appraisal Study 2002 LNG Ship and Barge In Progress FLNG Pre-Qualifications 2010 Confidential Terminal Regas Study and Studies Middle East, Shell GBS LNG Pre-FEED.

9 GBS LNG Study 2005. 2002 Yamal LNG, Gazprom 2015. 2010. Onboard LNG Regasification GBS LNG Study Johan Sverdrup Yamal, Shell BP ULQ. GBS LNG Study 2005 2015. 2001 2010. Agbami FPSO Topsides Black Sea FLNG. LNG FPSO Statoil FLNG Mid-Scale Nigeria FEED. Vanco Namibia Feasibility Studies 2001 2005 2010 In Progress Belanak LPG FPSO Subsea LNG H egh FLNG Hebron GBS. EPC Transfer Studies Topsides 2000 2005 2010 2015. 2000 2007 2011. Malaysia Tiga Skikda New Train Quad 204 FPSO. Malaysia Algeria North Sea 2001 2009 2012. SEGAS LNG Gorgon LNG Ichthys LNG. Egypt Australia Australia 2001 KBR and Kvaerner Joint Venture NWS Train 4 KBR Projects Australia Kvaerner Projects | 7. Nearshore, Harsh Environment GBS LNG solutions Terminale GNL Adriatico KBR KBR Kvaerner Kvaerner 601 Jefferson Street Hill Park Court Springfield Drive Oksen yveien 10, 1366 Lysaker Suite 305 Atlantic Place Houston, Texas 77002, USA Leatherhead KT22 7NL Norway 215 Water Street United Kingdom St.

10 John's Newfoundland & Labrador KBR Kvaerner Canada AIC 6C9. Ducat Place II, Gasheka 7 str, office 320. Gasheka Street Moscow 123056, Russia Moscow 123056, Russia