Saipem operates in the Engineering & Construction and Drilling businesses.

DRILLING FLEET

DRILLING FLEET

SAIPEM TODAY SAIPEM TODAY IS A WORLD LEADER IN THE GLOBAL SUPPLY OF ENGINEERING, PROCUREMENT, PROJECT MANAGEMENT, CONSTRUCTION AND DRILLING SERVICES WITH DISTINCTIVE CAPABILITIES IN THE DESIGN AND EXECUTION OF LARGE-SCALE OFFSHORE AND ONSHORE PROJECTS. Saipem has a strong bias towards oil and gas frontiers, namely activities in harsh and remote areas, in deep waters as well as in extremely cold and hot environments, applying significant technological competences in many diverse fields such as gas monetization and heavy oil exploitation. Saipem operates in the Engineering & Construction and Drilling businesses. 2

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THE ORIGIN OF SAIPEM IN THE DRILLING BUSINESS STARTING FROM 50s, SAIPEM HAS BEEN INVOLVED IN THE DRILLING BUSINESS, GIVING ITS CONTRIBUTION TO THE GROWTH OF THE OIL&GAS AND TO FACE INDUSTRY CHALLENGES SUCH AS THE MID WATER IN THE 70s AND, FROM THE END OF 90s, THE DEEP AND ULTRA DEEP WATER. TODAY SAIPEM IS A DRILLING CONTRACTOR FOCUSED ON HARSH ENVIRONMENT, FRONTIER AND REMOTE AREAS AND ABLE TO PERFORM OPERATIONS AT HIGH QUALITY STANDARDS. 4

It is not easy to date back the start of the presence of Saipem in the drilling business, because merged in the activities of its mother company Eni until early 50s. In that period, more precisely in 1953, the first nucleus of the today Saipem (this name started to be used in late 60 s) was established collecting the drilling operations performed under the umbrella of Eni, mainly in Italy, until that time. And then in the 50 s and 60 s Saipem started to grow in the onshore drilling expanding its presence in North Africa, in Middle East and in South America - often supporting the growth of Eni - and in the offshore drilling with the construction of the first European jack-up Scarabeo/Saipem Uno (which drilled the first European offshore well in Sicily, Italy) followed by the jack-ups Perro Negro, Gatto Selvatico, Paguro and by Scarabeo 2, the first semisubmersible of the Saipem fleet. The growth of Saipem carried on, both through the consolidation of the presence in the areas where the company was already present and through the expansion to further areas, very often with a role of pioneer. So, in the 70 s, 80 s and 90 s, in the onshore drilling Saipem consolidated its presence in areas such as South America, North Africa and Italy and expanded its activities in West Africa and in the Caspian, region where Saipem arrived in the early 90 s and has been involved in many key drilling projects, normally in remote regions and in harsh environment. Regarding the offshore drilling, in the 70 s Saipem, as other main drilling contractors at that time, started to face the challenge of mid water: the semisubs Scarabeo 3 and 4, as well as the drillship Saipem Due, were the answer to this demand of the industry. Then, in the early 90 s, Saipem has further expanded its fleet with the deep water semi Scarabeo 5 which, together with Scarabeo 6, has allowed Saipem to give its contribution to the development of the North Sea (mainly Norway), area still today important for the offshore drilling of Saipem. Starting from the end of 90 s to today Saipem further expanded and consolidated its presence especially in South America, in Africa, in Middle East and in the Caspian areas representing the core of the current activities of Saipem in the onshore drilling. In the same period, around 2000, Saipem further expanded its offshore drilling fleet with the aim to face a new challenge for the drilling contractors: the deep and ultradeep water. So the semi Scarabeo 7 and the drillship Saipem 10000 (the founder of the current modern family of deep water drillships) joined the fleet of Saipem. Later, around 2010-2012, the deep water offer of Saipem was further expanded with the semi Scarabeo 8 (designed for operations in the harsh environment of Barents Sea), Scarabeo 9 (an innovative dual ram rig) and the drillship Saipem 12000 (a unit able to operate at the frontier of the deep water). In the same period the shallow water fleet has been enlarged as well with the new modern high specs jack-ups Perro Negro 7 (2008) and Perro Negro 8 (2010). So, this is the historical background which has led today Saipem to be a drilling contractor working both in the onshore and in the offshore drilling, focused on harsh environment, frontier and remote areas and able to perform operations at high quality standards for all the oil&gas companies. 5

SAIPEM TODAY IN THE DRILLING BUSINESS AS AN INTERNATIONAL DRILLING CONTRACTOR, SAIPEM OPERATES IN SOME OF THE HARSHEST ONSHORE AND OFFSHORE ENVIRONMENTS AND HAS BEEN OR IS INVOLVED IN SOME OF THE MOST IMPORTANT DRILLING PROGRAMMES IN EUROPE, FSU, NORTH, WEST AND EAST AFRICA, MIDDLE EAST AND AMERICAS, IN SYNERGY WITH THE GROUP S ONSHORE AND OFFSHORE ACTIVITIES. 6

In offshore drilling, Saipem today is a medium size player in the top ranking of the international drilling contractors, specialized in the deep water and in harsh environments. Its fleet is composed of 16 units and includes: 7 deep water units (2 drillships and 5 semisubmersibles), 2 mid water semisubmersibles, 2 high specification jack-ups for operations in water depths above 300 ft, 4 standard jack-ups for operations up to 300 ft water depth and 1 tender assisted unit. In 2007 Saipem launched an ambitious programme of expansion of its drilling fleet, through which it has strengthened its presence in the deep water segment (acquisition of the ultradeep water drillship Saipem 12000 and of two sixth generation semisubmersibles, Scarabeo 8 and Scarabeo 9; upgrading of the semisubmersible, Scarabeo 6 to deep water) and it has increased its fleet also in the shallow water segment thanks to two high specification jack-ups (Perro Negro 7 and Perro Negro 8) and to one tender assisted unit (Saipem TAD). In the onshore drilling Saipem operates a fleet of more than 100 units with different capacities. It is one of the largest drilling contractors operating in the international market. Saipem has a leading position and is a reference drilling contractor in many key areas, such as Saudi Arabia, North Africa, Caspian area and South America. The onshore drilling fleet has been enlarged as well, adding more than 50 units in the last 5 years and doubling the market share of Saipem. The enlargement of the fleet has allowed to reinforce the presence of Saipem in key markets such as Saudi Arabia and Kazakhstan, and to open new ones, such as Bolivia, Colombia, Ecuador and Ukraine. With this fleet and its experienced and competent personnel, Saipem aims at meeting three key objects with every project it undertakes: Performance excellence (maximum reliability of operations with the minimum non-productive time) to maximize client satisfaction. Highest standards for health and safety. Achievement of a sustainable approach. Thanks to the large experience of operating personnel and specific policies for the rigs maintenance, Saipem can provide drilling services with the minimum incidence of non-productive time. Also the performances in terms of HSE standards are steadily at excellent levels and significantly below the average of IADC (International Association of Drilling Contractors). Key points of Saipem adopted approach are sustainability, attention to environment and generation of wealth for all the communities and stakeholders involved in the activities of Saipem. A good example is represented by the local content generated in the onshore drilling activities: more the 90% of the operating personnel of Saipem comes from the countries in which Saipem operates. 7

DRILLING VESSELS SAIPEM HAS RECENTLY COMPLETED A MAJOR INVESTMENT PROGRAMME WHICH HAS STRENGTHENED ITS FLEET, PARTICULARLY IN THE DEEP AND ULTRA DEEP WATER SECTOR. THE SHALLOW WATER FLEET HAS BEEN REINFORCED AS WELL, THANKS TO THE CONSTRUCTION OF TWO HIGH SPECIFICATION JACK-UPS. Saipem operates in the offshore drilling segment with sixteen rigs. The fleet includes two high specification jack-ups (able to work in more than 300 ft wd; Perro Negro 7 and Perro Negro 8), four standard jackups (able to work in up to 300 ft wd; Perro Negro 2, Perro Negro 3, Perro Negro 4 and Perro Negro 5); a tender assisted drilling barge (the Saipem TAD, capable to move drilling packages with a 100 t crane); five deep water semisubmersibles (for operations in more than 1,000 m wd: the sixth generation Scarabeo 8 and Scarabeo 9, the fifth generation Scarabeo 7, the fourth generation Scarabeo 5, the third generation Scarabeo 6); two ultra-deep water drillships (Saipem 10000 and Saipem 12000); two mid water semisubmersibles (the second generation Scarabeo 3 and Scarabeo 4). 8

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SAIPEM 10000 ULTRA DEEPWATER DRILLSHIP 10

SHIPYARD Samsung Heavy Industries 2000 ABS A1, Drilling unit, Floating Production Storage and Offloading system (FPSO), (E), AMS, ACCU, CDS, DPS-3, OMBO, DLA Bahamas Up to 10,000 ft (3,048 m) 30,000 ft (9,144 m) STATION KEEPING DP class 3 Length overall: 228 m Breadth, moulded: 42 m Depth, moulded: 19 m Operating draft: 12 m Displacement: 97,500 t CAPACITY Variable deck load: 20,000 st Six (6) Wartsila 18V32LNE, 7,000 kw each, approximate total power generation of 42,000 kw THRUSTER Six (6) azimuthal thrusters, 4,000 kw each Double Derrick Bailey Height 200 ft Static hook load 2,000,000 lbs each rig Simultaneous capacity 2,000 kips + 1,000 kips MOTION COMPENSATOR ON Each rig is equipped with Croen Motion Compensator and Active Heave Compensator Two (2) Wirth GH 4500 EG, 4,200 HP each TOP DRIVE Two (2) Hydralift HPS 750 2E, rated capacity 750 st Maximum continuous torque 65,450 ft lbs. Working Pressure 7,500 psi Two (2) Wirth RTSS 60 1 / 2, opening 60 1 / 2, rated capacity 1,000 st Four (4) Wirth TPK 7 1 / 2 x 14 2,200 HP each Fluid end working pressure 7,500 psi Total capacity above 12,300 bbls BOP 18 3 / 4-15,000 psi Two (2) annular preventers Five (5) ram cavities Drill Pipe and Casing (up to 13 3 / 8 ) shearing capability DIVERTER 20-500 psi RISERS 21 OD, 90 ft length CRANES Four (4) Hydralift knuckle boom cranes, rated capacity 85 st Air conditioned living quarters for 172 people Suitable for Chinook REMARKS Two (2) Hydralift Vertical Column type capable to handle from 3 1 / 2 D.P. to 13 3 / 8 casing IACMS: Integrated, automated control and monitoring system. The drillship is designed to function as an integrated unit allowing all systems including propulsion, power management, power generation, fluid flow systems, fluid storage systems and drilling systems to be monitored and controlled via a single integrated monitoring and control network. Equipped with EWT (Extended Well Testing), and first production facility and tank Oil storage capacity: 148,343 bbls 11

SAIPEM 12000 ULTRA DEEPWATER DRILLSHIP 12

SHIPYARD Samsung Heavy Industries 2010 ABS A1, Drilling unit, (E), AMS, ACCU, CDS, DPS-3, SH-DLA Bahamas Up to 12,000 ft (3,658 m) 35,000 ft (10,660 m) STATION KEEPING DP class 3 Length overall: 228 m Breadth, moulded: 42 m Depth, moulded: 19 m Operating draft: 12 m Displacement: 96,000 t CAPACITY Variable deck load: 20,000 t Six (6) STX 16V32/40, 8,000 kw each, approximate total power generation of 48,000 kw THRUSTER Six (6) azimuthal thrusters, 4,500 kw each Double Derrick NOV Height 200 ft Static hook load 2,000,000 lbs each rig Simultaneous capacity 2,000 kips + 1,000 kips MOTION COMPENSATOR ON Each rig is equipped with Croen Motion Compensator and Active Heave Compensator Two (2) NOV SSGD-5750, 5,750 HP each TOP DRIVE Two (2) NOV HPS-03 1000 2AC KT RD, rated capacity 1,000 st Maximum continuous torque 94,000 ft. lbs Working pressure 7,500 psi One (1) NOV RST 755, opening 75 1 / 2, rated capacity 1,000 st One (1) NOV RST 605-2G, opening 60 1 / 2, rated capacity 1,000 st Four (4) NOV 14-P-220 2,200 HP each Fluid end working pressure 7,500 psi Total capacity above 12,300 bbl BOP 18 3 / 4-15,000 psi Two (2) annular preventers Six (6) ram cavities Drill Pipe and Casing (up to 13 3 / 8 ) shearing capability DIVERTER 20-500 psi RISERS 21 1 / 12 OD, 90 ft length CRANES Four (4) NOV knuckle boom cranes, rated capacity 85 st Air conditioned living quarters for 200 people Suitable for Sikorsky S-61 N REMARKS Two (2) NOV Vertical Column type capable to handle from 3 1 / 2 D.P. to 13 3 / 8 casing IACMS: Integrated, automated control and monitoring system. The drillship is designed to function as an integrated unit allowing all systems including propulsion, power management, power generation, fluid flow systems, fluid storage systems and drilling systems to be monitored and controlled via a single integrated monitoring and control network. Equipped with EWT (Extended Well Testing) 13

SCARABEO 8 6 TH GENERATION SEMISUBMERSIBLE DRILLING UNIT MOSS MARITIME CS50 MKII DESIGN 14

TYPE 6 th generation semisubmersible drilling unit SHIPYARD Hull built in Sevmash yard in Russia Top Side in Fincantieri Palermo Italy, completed in Westcon Norway 2012 DNV 1A1 WINTERIZED BASIC, Column Stabilised Drilling Unit (N), HELDK, CRANE, E0, DYNPOS - AUTRO, POSMOOR-ATA, DRILL (N) Bahamas Moored up to 3,280 ft (1,000 m) DP mode up to 10,000 ft (3,000 m) Up to 35,000 ft (10,660 m) STATION KEEPING Moored, eight (8) chain DP class 3 Main deck width: 83.20 m Main deck length 72.72 m Moonpool dimensions: 36 x 11 m CAPACITY Operating variable deck load 6,600 st Eight (8) Caterpillar model C280-3616 ARR2515865, 5,060 kw each NOV model AHD-500-4600-6382105, 4000 HP (main rig) ELECTROHOIST IV, 4,500 HP (aux. rig) TOP DRIVE NOV HPS-03 1000 2AC KT RD (main rig) rated capacity 1,000 st, maximum continuous torque 94,000 ft. lbs NOV HPS-04 500 AC KT FD, (aux. rig) rated capacity 500 st, maximum continuous torque 64,000 ft. lbs NOV RST 605-2G (main rig) maximum opening 60 1 / 2 NOV D-495-7K (aux. rig) maximum opening 49 1 / 2 Four (4) NOV 14-P-220 2,200 HP each Fluid end working pressure 7,500 psi Total capacity approx. 6,000 bbls BOP Cameron 18 3 / 4-15,000 psi with drill pipe and casing shear capability DIVERTER ABB Vetco Gray Air conditioned living quarters for 140 people Suitable for S-61N and S92 THRUSTER Eight (8) Wartsila 3,300 kw each WEI Double Derrick, height 170 ft Dynamic hook load main rig 2,000,000 lbs Dynamic hook load aux. rig 1,000,000 lbs Crown Mounted Compensator and Active Heave Compensator on main rig, Drawworks compensation on auxiliary rig 15

SCARABEO 9 6 TH GENERATION SEMISUBMERSIBLE DRILLING UNIT FRIGSTAD D90 DESIGN TYPE 6 th generation semisubmersible drilling unit (hydraulic dual ram rig type) SHIPYARD Yantai Raffles Shipyard PRC. Completed in Keppel FELS shipyard in Singapore 2011 DNV 1A1 Column Stabilised, HELDK, CRANE, ECO, F-AM, DYNPOS-AUTRO, POSMOOR, DRILL Bahamas Up to 12,000 ft (3,658 m) Up to 50,000 ft (15,200 m) STATION KEEPING DP class 3 Main deck width: 80 m Main deck length: 77 m Moonpool dimensions: 42 x 8 m CAPACITY Operating variable deck load 8,100 m Eight (8) Wartsila 12V32LNE, 7,200 BHP THRUSTER Eight (8) Wartsila FS3500-571NU, 4,300 kw Aker Maritime Hydraulic Dual Ram Rig, height 118 ft Dynamic hook load 2,000,000 lbs integrated motion compensator Dual Ram Rig Type TOP DRIVE Two (2) Aker Maritime Hydraulics model DDM 1000 HY4 RR Rated capacity 1,000 st Maximum continuous torque 55,200 ft lbs. Two (2) Aker Wirth RTSS 60 1 / 2 Maximum opening 60 1 / 2 Four (4) Baoji oilfield machinery model F2200HL 2,200 HP each Fluid end working pressure 7,500 psi Total capacity approx. 15,900 bbls BOP Shaffer 18 3 / 4-15,000 psi with drill pipe and casing shear capability DIVERTER Fixed diverter system Vetco Gray CS Air conditioned living quarters for 200 people Designed for MI8, S61 and EH101 16

SCARABEO 7 5 TH GENERATION SEMISUBMERSIBLE DRILLING UNIT FRIEDE & GOLDMAN ENHANCED PACESETTER-GVA CONVERSION DESIGN TYPE 5 th generation semisubmersible drilling unit SHIPYARD TUZLA-Yard and Tourism Turkey 1977, converted 2000 DNV 1A1 Column stabilised Drilling Unit, HELDK, CRANE, E0, POSMOOR ATA, DRILL Bahamas Up to 4,900 ft (1,500 m) Up to 25,000 ft (7,600 m) STATION KEEPING Moored, eight (8) lines combined wire and chain Main deck width: 64.6 m Main deck length: 122.7 m Moonpool dimensions: 24.60 m x 6.30 m CAPACITY Operating variable deck load 3,500 m Five (5) Nohab F212v 2,560 HP each Two (2) Caterpillar 3612v 4,820 HP each THRUSTER Four (4) Kamewa 2,400 kw each Hydralift/Baley Dynamic, height 170 ft Dynamic hookload 1,500,000 lbs with Hydralidt Crown Motion Compensator Wirth GH 3000 EG, 3,000 HP TOP DRIVE Hydralift HPS 650 E, rated capacity 650 st Maximum continuous torque 46,100 ft lbs. National C495 maximum opening 49 1 / 2 Three (3) Wirth TPK 2000 2,000 HP each Fluid end working pressure 7,500 psi Total capacity approx. 3,000 bbls BOP Shaffer 18 3 / 4-15,000 psi with drill pipe and casing shear capability DIVERTER ABB Vetco Gray KFDS Type CSO Air conditioned living quarters for 120 people Suitable for Sikorsky S-61 N 17

SCARABEO 6 3 RD GENERATION SEMISUBMERSIBLE DRILLING UNIT FRIEDE & GOLDMAN L-907 ENHANCED PACESETTER DESIGN TYPE 3 rd generation semisubmersible drilling unit SHIPYARD Rauma Repola Pori Finland 1984 (last conversion 2012) DNV 1A1 column stabilised unit HLDK, CRANE, non self-propelled, R Bahamas Up to 3,600 ft (1,100 m) Approx. 25,000 ft (7,600 m) STATION KEEPING Moored, eight (8) lines combined wire and chain Main deck width: 74.7 m Main deck length: 76.9 m Moonpool dimensions: 23.55 m x 6.40 m CAPACITY Operating variable deck load 3,200 st Two (2) EMD ELECTROMOTIVE 12-645E9B (2,300 HP) Two (2) EMD ELECTROMOTIVE 16-645E9B (2,900 HP) One (1) MTU DETROIT DIESEL 16V4000P83 Dreco Dynamic, height 160 ft Dynamic hookload 1,400,000 lbs with Aker Crown Mounted Compensator and Active Heave Compensator Oilwell E 3000, 3,000 HP TOP DRIVE Aker Maritime Hydraulic DDM 650 Rated capacity 650 st Maximum continuous torque 60,000 ft lbs. Oilwell A 49 1 / 2 Maximum opening 49 1 / 2 Three (3) Oilwell A 1700 PT 1,700 HP each Fluid end working pressure 5,000 psi Total capacity approx. 3,800 bbls BOP Cameron 18 3 / 4-15,000 psi with drill pipe and casing shear capability DIVERTER Regan 24 Air conditioned living quarters for 110 people Suitable for Sikorsky S-61 N 18

SCARABEO 5 4 TH GENERATION SEMISUBMERSIBLE DRILLING UNIT ME 4500 DP DESIGN TYPE 4 th generation semisubmersible drilling unit SHIPYARD Fincantieri Genova Italy 2011 DNV 1A1 column stabilized drilling unit, Ice Class IC, (M), AMS, ACCU, CDS(N), DPS3 Bahamas Moored up to 2,950 ft (900 m) DP mode: up to 6,230 ft (1,900 m) Approx. 25,000 ft (7,600 m) STATION KEEPING Mooring system with eight (8) points chain mooring DP class 3 Kongsberg Simrad Main deck width: 80.80 m Main deck length: 68.80 m Moonpool dimensions: 28.90 m x 7 m CAPACITY Operating variable deck load 4,600 st Eight (8) Wartsila model 12V32D, 4,950 HP each THRUSTER Eight (8) Kamewa, 2,350 kw each Dreco Height 170 ft Dynamic hookload 1,500,000 lbs with Dreco Crown Mounted Compensator and Active Heave Compensator Continental Emsco C3 type II, 3,000 HP TOP DRIVE Varco TDS 4 Rated capacity 650 st Maximum continuous torque 45,000 ft lbs. Continental Emsco T 495 Maximum opening 49 1 / 2 Three (3) Continental Emsco FB 1600 1,600 HP each Fluid end working pressure 5,000 psi Total capacity approx. 3,500 bbls BOP Cameron 18 3 / 4-15,000 psi with drill pipe and casing shear capability DIVERTER ABB Vetco Gray CSO Air conditioned living quarters for 106 people Suitable for Sikorsky S-61 N 19

SCARABEO 4 2 ND GENERATION SEMISUBMERSIBLE DRILLING UNIT FRIEDE & GOLDMAN DESIGN TYPE 2 nd generation semisubmersible drilling unit SHIPYARD Blohm & Voss A.G. Hamburg 1976 RINA 100 - A -1.1 - Nav IL; Perf Portugal Up to 1,790 ft (545 m) Approx. 25,000 ft (7,600 m) STATION KEEPING Moored, nine (9) lines combined wire and chain Length: 109.30 m Width: 100.30 m Moonpool dimensions: 5 m x 6.90 m CAPACITY Operating variable deck load 2,500 st Seven (7) Caterpillar D 399 for offshore application 1,175 HP Lee C. Moore, height 160 ft Static hook load 1,000,000 lbs with Vetco Hook mounted motion compensator National DE-1625, 3,000 HP TOP DRIVE Varco TDS 3H Rated capacity 500 st Maximum continuous torque 34,700 ft lbs. National C495 Maximum opening 49 1 / 2 Three (3) National 12-P-160 1,600 HP each Fluid end working pressure 5,000 psi Total capacity approx. 2,000 bbls BOP Shaffer 18 3 / 4-10,000 psi with drill pipe shear capability DIVERTER Regan KFDS - 3 Air conditioned living quarters for 110 people Suitable for Sikorsky S-61 N 20

SCARABEO 3 2 ND GENERATION SEMISUBMERSIBLE DRILLING UNIT FRIEDE & GOLDMAN DESIGN TYPE 2 nd generation semisubmersible drilling unit SHIPYARD Blohm & Voss A.G. Hamburg 1975 RINA 100 - A -1.1 - Nav IL; Perf Portugal Up to 1,790 ft (545 m) Approx. 25,000 ft (7,600 m) STATION KEEPING Moored, nine (9) lines combined wire and chain Length: 109.30 m Width: 100.30 m Moonpool dimensions: 5 m x 6.90 m CAPACITY Operating variable deck load 2,500 st Seven (7) Caterpillar D 399 for offshore application 1,175 HP Lee C. Moore, height 160 ft Dynamic hook load 1,000,000 lbs with Vetco Hook mounted motion compensator National DE-1625, 3,000 HP TOP DRIVE Varco TDS 3H Rated capacity 500 st Maximum continuous torque 34,700 ft lbs. National C495 Maximum opening 49 1 / 2 Three (3) National 12-P-160 1,600 HP each Fluid end working pressure 5,000 psi Total capacity approx. 2,000 bbls BOP Shaffer 18 3 / 4-10,000 psi with drill pipe shear capability DIVERTER Regan KFDS - 3 Air conditioned living quarters for 110 people Suitable for Sikorsky S-61 N 21

PERRO NEGRO 8 HIGH SPECIFICATIONS JACK-UP GUSTO MSC CJ-46 X100D DESIGN TYPE Jack-up, 3 independent legs, cantilever type SHIPYARD Labroy Shipyard, Batam, Indonesia 2010 ABS A1 self elevating drilling unit Bahamas 350 ft (106.7 m) 30,000 ft (9,100 m) Hull length: 65.3 m Hull beam: 62 m Hull depth: 8 m VARIABLE DECK LOAD (operating) 3,500 st Five (5) Caterpillar 3516 NOV Height 160 ft Static hook load capacity 1,500,000 lbs CANTILEVER Skid AFT 0-70 ft (21.3 m) Skid PORT/STBD 20 ft / 20 ft (6.1 m) NOV SSDG 3000, 3,000 HP TOP DRIVE NOV TDS-8SA Rated capacity 750 st Continuous torque 63,000 ft lbs. NOV D495-7K Opening 49 1 / 2 Three (3) National 14 P-220 triplex pumps; 2,200 HP each Fluid end working pressure 7,500 psi Total capacity, approx. 3,970 bbls BOP STACKS 18 3 / 4-15,000 psi DIVERTER 30-500 psi CRANES Three (3) Favelle Favco, rated capacity 50 st Air conditioned accommodation for 100 people Suitable for Sikorsky S-61 REMARKS Automatic pipe-handling: NOV Bridge Racker NOV Iron Roughneck AR3200 Hydraulic Mousehole Offline stanbuilding capability 22

PERRO NEGRO 7 HIGH SPECIFICATIONS JACK-UP BAKER PACIFIC CLASS 375 DESIGN TYPE Jack-up, 3 independent legs, cantilever type SHIPYARD Jurong Shipyard Pte Ltd - Singapore 2007 ABS A1 self elevating drilling unit, CDS Bahamas 375 ft (114.6 m) 30,000 ft (9,100 m) Hull length: 72.1 m Hull beam: 68.4 m Hull depth: 8.5 m VARIABLE DECK LOAD (operating) 3,750 st Five (5) Caterpillar 3516 NOV Height 187 ft Static hook load capacity 1,500,000 lbs CANTILEVER Skid AFT 0-70 ft (21.3 m) Skid PORT/STBD 15 ft / 15 ft (4.6 m) NOV D3000 AC, 3,000 HP TOP DRIVE NOV HPS-750-E-AC-SG Rated capacity 750 st Continuous torque 65,450 ft lbs. NOV D495-7K Opening 49 1 / 2 Three (3) National 14 P-220 triplex pumps 2,200 HP each Fluid end working pressure 7,500 psi Total capacity, approx. 4,265 bbls BOP STACKS 18 3 / 4-15,000 psi DIVERTER 30-500 psi CRANES One (1) BMC 900-I-D-C117-100, rated capacity 22.7 st One (1) BMC 1600-I-D-C116-120, rated capacity 40.9 st One (1) BMC 2250-I-D-C115-120, rated capacity 50.1 st Air conditioned accommodation for 120 people Suitable for Sikorsky S-61 N REMARKS Automatic pipe-handling: NOV HydraRacker NOV Catwalk Machine NOV Hydra Tong Roughneck PEMAC Hydraulic Mousehole 23

PERRO NEGRO 5 STANDARD JACK-UP LEVINGSTONE HULL 756 DESIGN TYPE Jack-up, 3 independent legs, cantilever type SHIPYARD Levingston Shipbuilding Company Orange, Texas, U.S.A. 1981 ABS A1 Jack-Up. Self-Elevating Drilling Unit Portugal 245 ft (74.6 m) 16,400 ft (5,000 m) Hull length: 60.8 m Hull beam: 56.5 m Hull depth: 6.7 m VARIABLE DECK LOAD (operating) 1,360 st Five (5) Caterpillar D 399 Dreco Height 160 ft Static hook load capacity of 1,000,000 lbs CANTILEVER Skid AFT 0-40 ft (12.2 m) Skid PORT/STBD 12 ft / 12 ft (3.6 m) National 1320 UE, 2,000 HP TOP DRIVE Varco TDS 3H Rated capacity 500 st Maximum continuous torque 34,700 ft lbs. National C-375 Maximum opening 37 1 / 2 Two (2) National 12 P-160 1,600 HP each Fluid end working pressure 5,000 psi Total capacity, approx. 1,200 bbls BOP STACKS 13 5 / 8-10,000 psi CRANES One (1) National type OS 215, rated capacity 43 st One (1) National type OD 105, rated capacity 30 st Air conditioned accommodation for 106 people Suitable for Sikorsky S-61 24

PERRO NEGRO 4 STANDARD JACK-UP MARATHON LE TOURNEAU CLASS 150-44 C DESIGN TYPE Jack-up, 3 independent legs, cantilever type SHIPYARD Brownsville, Texas, U.S.A. 1977 RINA 100 - A - 1.1 - Nav IL; MODU - self - drilling additional class notation: ELI Portugal 150 ft (45.7 m) 16,000 ft (4,800 m) Hull length: 45 m Beam: 53 m Depth: 4.8 m VARIABLE DECK LOAD (operating) 564 st Three (3) G.M. Detroit diesel model 16 V 149 T1 Derrick Service International Height 142 ft Static hook load capacity 700,000 lbs CANTILEVER Skid AFT 0-35 ft (10.7 m) Skid PORT/STBD 7.5 ft / 7.5 ft (2.3 m) National 110 UE, 1,500 HP National C-375 Maximum opening 37 1 / 2 Two (2) National 9 P-100 1,000 HP each Fluid end working pressure 5,000 psi Total capacity, approx. 1,185 bbls BOP STACKS 13 5 / 8-5,000 psi CRANES Two (2) Marathon Le Tourneau PCM 120, rated capacity 45 st Air conditioned accommodation for 70 people Suitable for Bell 412 or equivalent 25

PERRO NEGRO 3 STANDARD JACK-UP FRIEDE & GOLDMAN L780 MODEL 2 DESIGN TYPE Jack-up, 3 independent legs, cantilever type SHIPYARD Italcantieri/Arsenale Triestino S. Marco shipyards 1983 RINA C MODU - self - drilling; unrestricted navigation Portugal 300 ft (91.4 m) 20,000 ft (6,100 m) Hull length: 54.9 m Hull beam: 53.3 m Hull depth: 7.6 m VARIABLE DECK LOAD (operating) 2,133 st Five (5) Caterpillar D 399 Dreco Ballerini Height 160 ft Static hook load capacity 1,000,000 lbs CANTILEVER Skid AFT 0-40 ft (12.2 m) Skid PORT/STBD 10 ft / 10 ft (3.0 m) Ideco E 2100, 2,000 HP TOP DRIVE Varco TDS 3 Rated capacity 500 st Max. continuous torque 34,700 ft lbs. Ideco LR 375 Opening 37 1 / 2 Two (2) Ideco T 1600 1,600 HP each Fluid end working pressure 7,500 psi Total capacity, approx. 1,800 bbls BOP STACKS 20 3 / 4-3,000 psi 13 5 / 8-10,000 psi DIVERTER 29 1 / 2 500 psi CRANES Two (2) Link Belt FMC type ABS 238 rated capacity 38.4 st Air conditioned accommodation for 104 people Suitable for Sikorsky S-61 26

PERRO NEGRO 2 STANDARD JACK-UP MARATHON CLASS 116C DESIGN TYPE Jack-up, 3 independent legs, cantilever type SHIPYARD U.I.E. shipyards in Glasgow 1980 ABS A1 self elevating drilling unit Portugal 300 ft (91.4 m) 20,000 ft (6,100 m) Hull length: 74 m Hull beam: 61.2 m VARIABLE DECK LOAD (operating) 2,365 st Five (5) Caterpillar D 399 Branham Height 160 ft Static hook load capacity 1,300,000 lbs CANTILEVER Skid AFT 0-45 ft (13.7 m) Skid PORT/STBD 12 ft / 12 ft (3.7 m) Oilwell E 2000, 2,000 HP TOP DRIVE Varco TDS 4 Rated capacity 650 st Maximum continuous torque 45,000 ft lbs. Oilwell B Opening 37 1 / 2 Three (3) Oilwell A 1700 PT 7 1 / 2 x 12 1,700 HP each Fluid end working pressure 5,000 psi Total capacity, approx. 1,800 bbls BOP STACKS 20 3 / 4-3,000 psi 13 5 / 8-10,000 psi DIVERTER 30-1,000 psi CRANES Three (3) Marathon PMC-120 AS rated capacity 45 st Air conditioned accommodation for 116 people Suitable for Sikorsky S-61 REMARKS Upgraded in order to be zero pollution 27

SAIPEM TAD TENDER ASSISTED DRILLING BARGE SHIPYARD CNIC (Chantier Naval and Industriel du Cameroun) Cameroon 2008 ABS - A1 barge Bahamas Up to 150 m Up to 5,000 m STATION KEEPING Eight (8) point mooring system Length: 87.78 m Breadth: 30.48 m Depth: 6.70 m Five (5) Caterpillar 3516B Bootstrap type WCI - Woolslayer Companies INC Height 153 ft Static hook capacity 900,000 lbs Bentec 1250AC, 1,500 HP TOP DRIVE Canrig model 1250AC-681, Rated capacity 454 m, Maximum continuous torque 51,400 ft lbs. American Block model RK 37 1 / 2 Rated capacity 590 m Three (3) Wirth type TPK 7 1 / 2 X12/1600-CL, 1,600 HP Fluid end 5,000 psi WP Total capacity approx. 2,800 bbls MUD TREATMENT Four (4) Brandt high efficiency shale shakers, model Cobra Brandt desilter Burgess Degasser model 1000 Mud gas separator (poor-boy), WEI 48 BOP One (1) BOP stack 20 3 / 4-3,000 psi One (1) BOP stack 13 5 / 8-5,000 psi CRANES Erecting Crane: Boom length 54 m, SWL 100 st at 18 m radius, whip SWL 15 t Service Crane: Boom length 34 m, SWL 22 st at 15 m radius, whip SWL 6 t Air conditioned living quarters for 100 people Suitable for Sikorsky S-92 type REMARKS Zero Pollution discharge 28

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