Past, Ongoing and Future Projects SALES. Project Country. Serimax Project Number Description. Operator. Sale of STX Ramsis Engineering

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1 Past, Ongoing and Future s SALES Date 2017 Ramsis Engineering Sale of STX01 Bahrain Sale of 2 Saturnax 01 units and accessories 2017 BR CAT 2017 Bumi Armada Caspian for Lukoil 2017 National Building Comapny 2016 Al Robaya Holding Co Huiren International Company for 2016 Denys Huiren International Company 2016 Saudi KAD Contracting Co. 16" Line Filanovsky Field Development Sale of Equipment Khafji to Ratawi KFTNGL-1 Rich Source 301 Jubail MGS Ph. II Package I Sales of equipment (1x PFM, 1x Clamp), spare parts, consumables & wire needed to perform Aramco Maintain Potential - 16" line : 8,750 welds 16" (15.9 mm, X65) km Sour service Pipe internally coated Sale of parts & consumables for: welds 12.75" (17.5 mm, X52) - 84 welds 16" (12.7 mm, X52) - 84 welds 22" (20.6 mm, X60) - 84 welds 6.625" (12.7 mm, X52) Sale of equipment: - 1 PFM 8"/28" - 3 Saturnax 05 stations - Accessories - Spare parts - Consumables & wire Sale of accessories, spare parts, consumables & wire needed to perform Khafji to Ratawi KFTNGL-1 Gas Pipeline and Saudi Bahrain Crude Oil Pipeline : Khafji to Ratawi: 2,102 welds 16" (7.9 mm, X65) - 53 km Khafji to Ratawi: 2,221 welds 16" (9.5 mm, X65) - 56 km Saudi Bahrain: 1,700 welds 30" (7 mm, X60) - 43 km All sour service Sales of welding equipment for Chinese shallow water barge Rich Source 301: - 5 Saturnax stations - 2 sets 8"-24" with clamping kits 22"-24" - 2 sets HPU 55W with air cooler - 1 set offshore S-Lay clamp 20"-22" - 2 sets Induction Heating system - MRC, DEMAG, rings, and spare parts, Sales of equipment, accessories, parts and consumables related to the replacement of three northern area pipelines - Jubail project - Sales Gas: 2,170 welds 16" (14.3 mm, X60) - 52 km 1,619 welds 36" (16.9 mm, X70) - 39 km Extra Light Crude Oil: 2,398 welds 30" (10.7 mm, X60) - 58 km Sales of equipment, accessories, parts, consuimables needed to perform MGS Phase II Package I - Western Region PL - approx. 9,500 ML mechanized welds 56" (14.3 to 25.7 mm, X70) - 24 m km Sweet service

2 2015 Beijing Lyxb Petroleum Equip for Sinopec LNG Sale of parts for onshore project - 1,639 welds 32" (14.4 mm, pipe CS) - 20 km 2015 COOEC for PTTEP 2015 Beijing LYXB Petroleum for Shengli Zawtika Inner Mongolia 585 welds 18" (19.1 mm) km 3,165 welds 18" (17.5 mm) km 1,052 welds 14" (15.9 mm) km 164 welds 14" (17.5 mm) - 2 km Supply of parts 4,100 welds 36" (15.5 mm) 2015 Hilong PingHuang Sale of spare parts and consumables for the following SoW: 1,501 welds 10.75" (15.9 mm) km 2015 Sigur Ros for Petronas 2015 Hilong 2015 Dodsal & Company Garagol Deniz to OGT Turkmenistan Weizhou PIP EWG-2 Loop 2 Sale of spare parts, consumables and accessories for the following SoW: 41 welds 14" (12.7 mm, X52) 3,443 welds 14" (12.7 mm, X52) 2,256 welds 14" (12.7 mm, X52) 169 welds 14" (12.7 mm, X52) 57 welds 14" (12.7 mm, X52) Supply of spare parts for the following Pipe-in-pipe project: 283 welds 6"/10" (14.3/12.7 mm) km 152 welds 8"/12" (15.9/11.1 mm) km 74 welds 10"/14" (12.7/11.1 mm) km 156 welds 12"/16" (12.7/11.1 mm) km 74 welds 12"/16" (12.7/11.1 mm) km 537 welds 16"/10" (15.9/12.7 mm) km 304 welds 22"/26" (22.2/14.3 mm) km Sale of necessary parts/consumable, equipment - 12,000 welds 56" (14.3/17.1/20.6/25.7 mm, X70) 2015 CAT International 2015 Al Royaba Shaybah / Shedgum UA-6 Pipeline seg. II Extension of Shaybah Abqaiq pipeline capacity & complete Shedgum-Yanbu pipeline Loop 1 - Shaybah-Abqaiq: 5,636 welds 42" (10.9 mm, X65) 3,364 welds 42" (9.1 mm, X65) DJ-SAW - Sour service Shedgum-Yanbu: 6,812 welds 56" (14.3 mm, X70) 1,005 welds 56" (17.2 mm, X70) 400 welds 56" (20.6 mm, X70) 4,283 welds 56" (25.7 mm, X70) DJ-SAW - Sweet service 2,240 welds 48" (9.5 mm, X60) km 1,680 welds 46" (9.5 mm, X60) km Sour service 2014 Vinh Nam joint Stock Cy for Vietsovpetro Nam Con Son Vietnam km 26" (19.1 mm) 2014 ETK Sales of spare parts Sale of spre parts 2014 ETK for (TBA) ETK Contract 14 Sales of spare parts 12/06/2017 Page 2 of 9

3 2014 COOEC 2014 Vinh Nam Joint Stock Compan for Vietsovpetro Bozhong VSP Vietnam Total of 2,158 welds (25.9 km): 18 km 14" (14.3 mm) - PIP 7.9 km 12.75" (14.3 mm) - PIP Non-sour service Sale of spare parts Sales of spare parts 2014 COOEC 2014 COOEC Kenli 10-1 Spare Parts for Pinghuang Sale of spare parts for a total 6,500 welds: 33 km 8" (12.7 mm) 25 km 10" (14.3 mm) - PIP 7.7 km 12" (15.9 mm) 7.7 km 14" (14.3 mm) - PIP Sale of spare parts 2014 Sunfary Technologies Sale of STX & PFM 76" Sales of 6 Saturnax, 3 PFM 76" and other aucillary equipment for Saudi project 76" 2013 Sunfary Technologies Ltd. SINOPEC Auxiliary 32" Sales of 1 PFM 2450 with clamping kit 32", 1 clamp 32" Sales of DEMAG and Rings Sales of 6 DEMAG units with 7 rings for each diameter 8", 12" and 16" Jin-Zhou 25-1S Panyu 14"x15.9 mm Parts for Production Liwan Deep Water 22" 68 km 14" (11.1 mm, X65) mm (0.5 km) Total 5,620 welds Sale of spares, specifics and consumables for the equipment of COOEC (4 Saturnax) 33.1 km 14" (15.9 mm, X65) Sale of spare parts, specifics for PFMs, STX, ILUCs and consumables for Panyu 14" x 15.9 mm production onboard HYSY Dodsal for GASCO Habshan-Maqta-Taweelah UAE Panyu 14"x15.9mm 21,800 welds 52" (14.7 to 25.4 mm, X65) Sale of : - 7 Saturnax - 2 PFM - Demag - Gas Analyser - MRC - 72 tons of SupraMig - spare parts 14" (15.9 mm, X65) WPQT : 52 automatic welds Providing specifics and consumables for STX05, BKG for 1 ILUC 12"/14", bevel consumables for PFM 8"/24". 12/06/2017 Page 3 of 9

4 2013 ETK Kenli 3-2 SALE OF SPARE PARTS Providing spare parts, specifics for PFSs, STX, ILUCs and consumables for client own equipment onboard HYSY km 8.625" (12.7 mm, X65) PIP, Outter 18" by manual: 39 km 14" (14.3 mm, X65) 5 km 12.75" (14.3 mm, X65) Sale of spare parts 2013 Sunfary Technologies for Sinipec Jiangsu Division SINOPEC Sale of 2nd clamp 32" for Sinipec landline project Sunfary Technologies Kenli Huang Yan 14-1 LF 7-2 Chan Xue 7-1 Sinopec Spares sales 32" Providing specific parts and consumables for Kenli WPQT/WQT/Training conducted at COOEC Tanggu workshop. 130 welds 8.625" (14.3 mm, X65) 120 welds 12.75" (14.3 mm, X65) 120 welds 14" (14.3 mm, X65) Providing spares and specifics for PFMs, STX, ILUCs and consumables for client own equipment onboard HYSY km 12.75" (12.7 mm, X65) Providing spares and specifics for PFMs, STX, ILUCs and consumables for client own equipment onboard Lanjiang 15 km 12.75" (17.5 mm, X65) (DJ prefabricated onshore, lay by DJ) Providing spares and specifics for PFMs, STX, ILUCs and consumables for client own equipment onboard Lanjiang for Chan Xue 7-1 project 1,312 welds 12.75" (9.5 mm, X65) - 16 km 4 welds 12.75" (10.3 mm, X65) Sales of clamping kit 32" and associated spare parts Bumi Armada Caspian for Lukoil 2013 RHM for - Filanovsky Shaybah Third Spread Supply Panyu 4-2 Sale of spare parts and consumables for following SoW: 3,361 welds 12.75" (11.1 mm, X52) - 41 km 3,443 welds 16" (17.5 mm, X60) - 42 km 82 welds 16" (12.7 mm, X52) - 1 km 82 welds 22" (20.6 mm, X60) - 1 km 82 welds 26" (25.4 mm, X65) - 1 km Manual SoW: 164 welds 6.625" (12.7 mm, X52) - 2 km 37 welds 4.5" (7.1 mm, X52) km Supply of 2 Saturnax welding stations + Accessories - Part of the 28,802 welds scope 36" (11.7/16.9 mm, X60) Providing spares, specifics and consumables for Panyu 4-2 onboard Lanjiang - PIP Inner pipe Inner pipe 1,025 auto welds 12.75" (14.3 mm, X65) - 13 km (outer pipe 16" by manual) 12/06/2017 Page 4 of 9

5 2013 ETK Pte. Ltd SGC Euracor SGC-13 Sale of equipment and spare parts for 9,000 welds project: - 1 ILUC 32" - 1 clamping kit 32" - 10 rings 32" - Parts for MRC OD 820 mm (32.3") x WT 9-12 mm Provision of spare parts for modification of clamp and clamping kit of PFM, 2013 Sunfary Technologies Xi-Jlang Sale PFM & Clamp 76" Providing spares and specifics for PFMs, HPUs, Saturnax and consumables for client own equipment on HYSY201 (line 25-8), Line 25-8 on board HYSY201: 18.3 km 10.75" (14.33, X65) - Inner pipe Line 24-3 on board Langjiang 8.3 km 12.75" (14.3 mm, X65) - Inner pipe Sales of 1 PFM 76" & 1 Clamp 76" for Sinopec SWCC 76" project in Lishui 104 km 12" (14.3 mm, X65) Sale of spare parts & consumables for the SRX equipment onboard ZPMC Sales of equipment for 40" pipeline (barge DPB 2000/3000T) 2012 ZPMC Sales of Welding Equipment Sales of 5 Saturnax welding stations, HPU & auxiliary equipment Jin-Zhou 25-1S 80 welds 14" (11.1 mm, X65) Specifics and consumables for WPQT/WQT of JZ 25-1S for Saipem / Husky 2012 Sunfary Technologies for Sinopec Jiangsu 2012 Sunfary Technologies for Sinopec Jiangsu 2012 VAM JSC for Vietsovpetro Liwan Deepwater Sinopec auxiliary 76" Vietsovpetro Vietnam Sale of welding spare parts and consumables (for Saturnax 05, PFM, HPU) for the 6" pipeline for Liwan Deepwater Field Development - subcontracted by Saipem to COOEC with Husky as the final client. SRX equipment onboard (permanent). Sinopec JOECO Saudi SWCC Water transmission - Sale of welding equipment and auxiliaries for pipelaying of 76" SWCC Sale of ancillary equipment for a 76" pipeline in : - 1 PFM 76" - 1 clamp 76" - 20 rings 76" - Accessories Saturnax for welding 76" Sale of 5 welding Saturnax stations & spare equipment. 12/06/2017 Page 5 of 9

6 2012 Sinopec Zhongyuan for Sinopec 2012 Swiber Sinopec (Al-Hassa) Swiber Singapore Sinopec Al-Hassa+Hoffuf Irrigation 60" pipe laying - Sale of welding equipment: - 3 Saturnax stations & spare parts - 1 PFM 60" - 1 modif. of clamp 60" - 1 Gas distribution system - spare and conso for 8,500 welds, Supply of personnel for production. Sale of 3 lots of used equipment (1 HPU, 1 PFM 8"/24", 4 welding stations and other spare equipment) 2012 Yournitex-M Yunitech-M Sale of spare parts & welding wire 2012 StroyGazConsulting Sale of spare parts & Consumables Sale of spare parts (56" x mm) 2012 Denys for Yemen LNG 2012 Sunfary Technologies Yemen LNG Yemen Sinopec spare for 76" Sale of : - 2 manual welding stations - 1 Saturnax mono-torch - 1 HPU diesel - 1 PFM 24"/42" with 38" clamping kit - 1 clamp exterior 38" - Guiding ring 38" - Spare parts & consumables Sale of apre parts and consumables (12,000 welds) for Sinopec Saudi SWCC pipe-laying 76" in Saudi Arabia 2012 Bonatti for In Salah Gas In Salah Gas Southern Algeria Sale of welding equipment & spare parts (automatic & manual welding equipment, camera visual inspection devices and post weld heat treatment equipment). Automatic spread: 10,474 welds 16" (12.7 mm) 208 welds 16" (20.6 mm) 81 welds 16" (23.8 mm) Manual spread: 1,760 welds 12.75" (11.1 mm) 291 welds 12.75" (15.9 mm) 1,364 welds 8.625" (7.9 mm) 309 welds 8.625" (10.0 mm) 52 welds 8.625" (11.1 mm) 2012 "Euracore" JSC Sale of equipment & spare for parts 4,400 welds 40" (14 mm, X65) - 50 km Sale of welding and ancillary equipment: - 3 Saturnax 05 welding stations - back-up equipments - 1 clamp 40" - PFM 32"-56" - 2 clamping kits (40", 48") - 1 HPU 100 hp 2012 Sunfary Technologies for Sinopec Jiangsu Sinopec 40" (Yangzhou) 120 km 40" (100 km 4.7 mm wt + 20 km 22.2 mm wt) in - Sale of welding equipment and ancillary: - 4 Saturnax - 1 clamp 40" - 1 PFM clamping kit 40" & auxiliary equip - Spare parts & consumables - Personnel supply 12/06/2017 Page 6 of 9

7 2012 RHM Shaybah NGL HYSI 201 Sea Trial HYSY ,802 welds 36" (11.9/14.1/16.9 mm, X60) Sale of equipment and spare parts: - 6 Saturnax stations - 2 PFM - 6 Gas Distribution kits Personnel: 1 maintenance supervisor, 2 technicians, 1 welding supervisor (option) 50 welds 20" (14.3 mm, X65) Sale of spare parts & consumables to COOEC in order to adapt to the current existing equipment onboard the vessel Sale of additional spare parts for the HYSY 202 (Hai Yang Shi You 202), SRX equipment onboard Viet Sing Hi-Tech Co. for Vietsovpetro WZ 12-1 VSP Vietnam (Ho Chi Minh) 21 km 18"/12", X65 pipe-in-pipe. Provision of spare parts & consumables to complete the inner pipeline with the Serimax GMAW (SRX equipment onboard) Sale of spare parts 2012 RHM for (tba) 2012 StroyGazConsulting Shaybah NGL (Dammam) LH 4-1 SGC 26,845 welds 36" (11.9/14.1/16.9 mm, X60) Sale of equipment and spare parts on lump sum: - 6 Saturnax stations - 2 PFM - 6 Gas Distribution Kits, Provision of personnel: - 1 maintenance supervisor - 2 Technicians - Welding Supervisor (option) km 18" (15.9 mm, X65) LH 4-1 pipe-in-pipe Sale of spare parts & consumables. SRX equipment consumables. Sale of: - Welding wire (24T) Union K-Nova Ni - Spare part for MRC HYSY201 for sale of spare parts general usage (for ILUC 20/22 ZB0475) 2011 StroyGasConsulting 2011 COOEC /Husky Bavanenkovo-Ukhta Liwan 3-1 Shallow Water 56" x 27 mm Sale of equipment: - 1 re-rounder ILUC 54"/56" - 2 ECU - 2 WFB - 2 Sets of Umbilicals - 12 RCB - 2 Ground 56" - 48 Guiding rings 56" - 2 Full Gas Distribution Systems - 2 Standard ILUC 54"/56" - 1 clamping kit 54"/56" 31 km 30" (28.6 mm) 68 km 30" (30.2 mm) 80 km 30" (19.1 mm) Sale of welding consumables. 12/06/2017 Page 7 of 9

8 2011 CNOOC Sales of auxiliary equipment Sales of clamp & PFM barge HYSY StroyGasConsulting SGC Sale of spare parts (56" x mm) StroygasConsulting for v SGC Sale of equipment (56"" x 23-33) "Euracore" JSC for Lukoil Euracore Gaz-sale 2,700 welds 48" (16.5 mm, X70) Location : Yamalo-Nenets Region Sale of spare parts and welding wire 2011 "Euracore"JSC for TurkmenGaz 2011 CPMC for CPOE 2011 Ferryman Express/STPS 2011 TNPS East-West Turkmenistan Turkmenistan CPOE 101 (Qingdao) Uhta - Tarzhok BTK Kirichinskogo GKM-GKC Sakhalin 13,000 welds 56" (16.5 mm, X70) km Sale of spare parts & consumables. (Associated to the contract of equipment rental 5137 & 5138). 2,000 welds 32" (22.2 mm) pipeline. Sale of welding equipment & auxiliaries: - 5 Saturnax - 3 PFM 24"/42" with clamping kits - 3 HPU - 3 DEMAG - 2 Gas Distribution Systems + Gas Mixer - 2 clamps 30"/32" - spare parts for 2,000 welds 8,700 welds 56" (18 mm, X70) Sale of: - 3 Saturnax 05-1 clamp 56" - 1 PFM 32"/56" with clamping kit 48"/56" 3,430 welds 40" (14-17 mm, X70) km Sale of spare parts COOEC Sales of auxiliary equipment Sales of auxiliary equipment & spare parts & consumables for 23,000 welds 2011 ZPMC Sales of welding equipment for ZMPC 3rd barge 3000T 2011 ZPMC for (tba) 2010 Beijing LYXB Petroleum Equip. for Shengli ZPMC 4th barge 3000T (Shanghai) Sale of welding equipment & anxiliary: - 5 Saturnax - 2 HPU - Anxiliary equipment Sales of 5 Saturnax welding stations + equipment + spares parts & consumables for 100 km 28" (19,1 mm) 2010 COOEC Sales of spare parts Sales of spare parts and consumables welders training in Tianjin 12/06/2017 Page 8 of 9

9 2010 ZPMC Sales of welding equipment for ZMPC 2nd barge 3000T 2009 ZPMC Sales of welding equipment (SAW & GMAW) for ZMPC DJ barge 5000T 2009 CNOOC Sales of welding equipment & spare parts for DJ barge HYSY COOEC Sales of Clamp, PFM & spare parts for barge HYSY COOEC Sales Equipment Sales of 5 welding stations 05 for barge HYSY ZPMC Sales of welding equipment for ZMPC 1st barge 3000T 2002 COOEC Sales Equipment Sales of 5 Saturnax 05 welding stations & spares for barge Lanjiang 12/06/2017 Page 9 of 9

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