Company Presentation

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Company Presentation

HSEQS

Company Presentation

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We believe in an Incident Free Workplace because we carewww.deepoceangroup.com

SAFETY One Team, One Goal, Incident Free. Our behavioural safety charter empowers our people to ACT for Safety - Attitude, Courage and Teamwork.

TEAMWORK Exceptional people dedicated to delivering operational excellence across the world on our projects

CUSTOMER FOCUS

At the core of our activities; we work with our customers to provide local solutions on a global scale

INNOVATION Ground breaking assets that push the boundaries of subsea technology and ensure safe and reliable operations

INTEGRITY Upholding our beliefs and ethics whilst delivering optimum solutions, creating value for all our stakeholders

Our Values

Company Presentation

Say what you do and do what you say

3www.deepoceangroup.com

Survey, inspect and map terrain prior to the installation of

new subsea systems

Installation of subsea structures

Leading provider of subsea trenching

and protection services

Subsea InstallationTrenching

Service lines

Survey and Seabed Mapping

DeepOcean is the largest subsea IMR

service provider in the Greater North Sea

Inspection, Maintenance and

Repair (IMR)

ROV based subsea decommissioning

Decommissioning

Company Presentation

www.deepoceangroup.com 4

More than 50000 km pipeline surveyed

Water depth to 2100 m

ROV and vessel based

Co-owner of ADUS DeepOcean

Flexibles Risers Power Cables and

umbilicals Structures Module

replacement Life of Field Seismic

cables

Global leader

Largest portfolio of seventeen trenching assets

Largest IMR Contractor in Greater North Sea

More than 1200 vessel days per year and 700 call-offs per year

Long term service contracts

Lead contractor on subsea decommissioning projects

Owned vessels: 7

Long Term Charters: 8 (+3 in 2014)

Spot charters: 2

26 ROVs

8 ROVs to be delivered in 2013

Total ROVs at 2013 year-end: 34

7 ploughs

6 jet trenchers (+1 in 2014)

4 mechanical cutters

Ultimate trenching spread with T3200 and T1000 to be introduced in 2014

Vessels ROVs Trenchers & Ploughs

Company Snapshot

~1125 employees

~250 agency personnel

Talent

Company Presentation

www.deepoceangroup.com 5

Confidential – Not for Public Dissemination

Arbol Grande

Deep Endeavour CBO Isabella

Edda Flora Edda Fauna Edda Fonn Deep VisionVolstad Surveyor Northern Wave PT1+T2

Volantis + UT1

Maersk RecorderCMR4

Rem Forza

Where our Vessels are Located

Excludes: Maersk Responder Maersk Assister Havila Phoenix (2014) Rem Ocean (2014) Deep Helder (2014)

T1

Office locations

Company Presentation

Northern CommanderNorthern Supporter

www.deepoceangroup.com 6

Confidential – Not for Public Dissemination

Company Presentation2014 Fleet Additions

Havila Phoenix Vessel currently on charter with DeepOcean’s Competitor

DeepOcean has chartered the vessel for a period of 7 years starting late 1Q2014

110 m long DP2 vessel with 250 Te. AHC will be lengthened 17m (by owner)

Company owned tracked based trencher T3200 and ROV jet trencher T1000 will be installed on this vessel creating the industry leading trenching spread

Rem Ocean New-build 105m. long DP2 vessel will be

outfitted with a 50 Te. Module Handling System, 2 work class ROVs and 1 observation class ROV

DeepOcean has chartered the vessel for a period of 7+ years starting 1Q2014

Vessel will be used on DeepOcean’s new 5 year IMR contract with Statoil

Deep Helder DeepOcean has chartered the vessel for a period of 5 years

starting mid 2014 New-build 65m. long DP2 survey vessel will be outfitted with

one ROV and state-of-the-art survey equipment Cost effective vessel will be used on survey and trenching

support projects and managed by DeepOcean’s office in Den Helder

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World’s Most Powerful Trencher T3200 has returned to the North Sea

Company Presentation

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