DLB BISSO IROQUOIS OVERVIEW

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OVERVIEW JAN 2016

PIPELINE CAPABILITY OVERVIEW Up to 60 Total Outer Diameter Up to 38 s ton (35 m ton) Pipe Joints Water Depth Operating Range <7 to ~1,000 (2.1m ~300m) Can accommodate 40 (12.1m) to 60 (18.2m) pipe joints Pipelay Single, Dual, Triple & Quad Pipeline Bundles Pre-Commissioning & Hydrotesting Riser, Spools, Subsea Assembly & Single/Dual Hot Tap Tie-ins Shore Approaches & Horizontal Directional Drilling (HDD) Casing/Crossing Pulls, J & I Tube Pulling & A/R: Pipeline Repair, Abandonment & Reverse Lay Steel and High Density Poly Ethylene (HDPE) Spooled Umbilical & Cable Lay PIPELINE BURIAL & EXCAVATION (using portable company equipment) Burial of up to 72 total Outer Diameter Pipelines Burial of Active & Inactive Pipelines Trenching to -25 (7.62m) Below Mud Line (BML) to Bottom of Ditch Self Propelled Burial Sled For Active In Service Pipeline Burial Self Propelled Pipeline Excavation Sleds Bi-Directional Sled Operations High Pressure / High Performance Portable 9 Stage Jet Pumps to 2,500 PSI Successful Excavations to >100 (30.48m) BML in Water Depths >300 (91.4m) OFFSHORE SURVEY As Built & As Laid Surveys Position, Anchor Plot & Anchor Verification Surveys Anomaly Avoidance & Mapping Surveys * Project parameters will dictate specific asset limitations **Subject to project parameters, lay stress analysis & environmental conditions ISO 9001:2008 ISO 14001:2004 OHSAS 18001:2007

BISSO MARINE, LLC is proud to introduce the. Purchased in 2015, the was purpose built as a very stable open ocean pipelay asset capable of performing pipelay operations in diverse geographical environments. The barge has operated worldwide and has achieved successes in currents in excess of 7 kts (3.6 m/s) and performed continuous pipelay operations into seas greater than 10 ft (3.28 m). The operational water depth limitation is approximately 1,000 feet, but will vary by project. IMO # 8758287 Worldwide Service CLASS American Bureau of Shipping ABS A1 Class # 7306063 Flag State Republic of Vanuatu Port of Registration Port Vila Call Sign YJQC2 Former Names: Brown & Root / OPI: DLB BAR-323 Global Industries: DLB GLOBAL IROQUOIS Major Performance Upgrades: 2003 New Tensioners and A&R winch, upgraded from 270 kips (122m tons) to 440 kips (200 m tons) for major projects in the Mediterranean REGULATORY & BACKGROUND 2005 - Modified Alpha Pontoon stinger to T-Bar design and fabricated new hitch for major Gulf of Mexico projects 2008 - Repositioned helideck to bow and installed (2) section rigid truss stinger and gantry for multi-year contract for PETROBRAS in Brazil Barge Pipelay Performance History: Max Ø Pipe Laid: Max Depth Laid: Max Joint Weight: To Date - 55.5" (1.4 m) Total Ø - 48" x 1.000" wt x 3.75" CWC To Date - 788 ft (240 m) Depth - 30" x.750" wt x 1.75' CWC To Date - 34 s ton (30.8 m ton) - 42" x 1.125" wt x 4" CWC

Specifications: Length (Overall) with rigid truss stinger 580 ft 176.78 m Length (Overall) with Stinger Gantry 485 ft 147.82 m Length (Between Perpendicular) 400 ft 121.92 m Hull Breadth Overall 100 ft 30.48 m Hull Moulded Depth 30 ft 9.14 m Minimum Operating Draft (At High Tide) 14 ft 4.27 m Freeboard At Minimum Operating Draft 16 ft 4.87 m All seachest intakes in sideshell to optimize shallow water access auxiliary cooling water intake options available Maximum Operating Draft 18 ft 5.46 m Freeboard At Maximum Operating Draft 12 ft 3.65 m Tonnage Gross tons /Net tons 10,696 st 3,208 m Free Deck Length 127.5 ft 38.86 m Free Deck Width 45 ft 13.72 m Free Deck Area - Board Covered 5,737.5ft 2 533.03 m 2 Deck Load 2,400 lbs/ft 2 11.71 mt/m 2 Barge is configured for ZERO DISCHARGE Fully Compliant Fire Fighting Alarms, Monitoring and Detection Systems GENERAL SPECIFICATIONS Accommodations: 256 Bunks Hospital - (3) Beds 305 ft 2 28 m 2 Project Offices 1,215 ft 2 112 m 2 Client Office with private head 550 ft 2 51 m 2 Galley 2,220 ft 2 206 m 2 Dual Mess Seating - 100 capacity 2,000 ft 2 185 m 2 Theater Seating - 72 capacity 745 ft 2 69 m 2 Gym 250 ft 2 23 m 2 Conference Room

Barge Tower: Integrated Mooring, Tensioners, A&R Winch and Davits Control Systems Radio Room Conference Room Superintendent's Office Head Communications: Sat Coms, Data, Fax, Weather, Sat TV, SSB, VHF, Barge Intercom, Barge Telecom System Navigation: Radar, Gyro and Position Survey Package Helideck: Helideck Dimension (Octagonal) 60 ft 18.28 m Helideck Weight Rating (Sikorski S-76 / Bell 412 9,700 lbs 4,400 kg AFFF Fire Fighting System GENERAL SPECIFICATIONS Machinery: (3) Main Generators EMD L-20-645-E9 @ 900 RPM - prime mover Gen #1-2,875 kw / 3,581 kva / 4160 v / 3 ph/ 60 hz Gen #2 / #3-2,500 kw / 3,125 kva / 4160 v / 3 ph / 60 hz 7,875 kw (1) Auxiliary Generator - 800 kw / 1000 kva / 460 v / 3 ph / 60 hz 800 kw (1) Emergency Generator - 175 kw / 219 kva / 440 v / 3 ph / 60 hz 75 kw Ship's Air Compressors - (4) 875 CFM (3) Reverse Osmosis Water Makers 3,500 CFM @ 125 psi 5,946 m3/hr @ 8.6 bar 1,200 gal/hr 4.542 m3/hr

Main Crane: American R-40 Dynamic, Independent & Continuous Revolving Boom Heel Pins Above Waterline 40 ft 12.1 m Main Block Boom Length 175 ft 53.34 m Max Main Block Lift Above Water Line 181 ft 55.16 m Aux Block Boom Length 205 ft 62.48 m Max Aux Block Lift Above Water Line 220 ft 67.05 m Whip Block Boom Length 220 ft 67.05 m Max Whip Block Lift Above Water Line 240 ft 73.15 m Main Block Capacity Fixed & Revolving From Center Pin 250 s ton @ 80 ft 226 m ton @ 24.38 m MAIN CRANE Aux Block Capacity Fixed & Revolving From Center Pin 80 s ton @110 ft 68.04 m tons @ 33.53 m Whip Block Capacity Fixed & Revolving From Center Pin 20 s ton @ 200 ft 13.6 m tons @ 67.06 m Distance From Center Pin To Stbd/Port Side 50 ft 15.24 m Distance From Center Pin To Stern 70 ft 21.33 m

LOAD CHART

Deck Crane: Manitowoc 4100W S2 Crawler As Configured Boom Length 110 ft 33.52 m Capacity with 110 ft (33.52 m) Boom @ 26 ft (7.92 m) from center of rotation 131 s ton 118.8 m ton Tank Capacities: Fuel 534,428 gal 2,023 m 3 Lube 2,411 gal 9.1 m 3 Dirty Oil 1,690 gal 6.39 m 3 Ballast Water 1,489,206 gal 5,637 m 3 Fresh Water 79,000 gal 299 m 3 Potable Water 60,000 gal 227 m 3 Industrial Fresh Water 352,503 gal 1,334 m 3 (Recirculation System For Cold Water Operations) Below Deck Storage and Shop Space: CAPACITIES Dry Stores 7,000 ft 3 198.2 m 3 Freezer 2,140 ft 3 60.6 m 3 Refrigeration 2,570 ft 3 72.7 m 2 Machine and Mechanical Shop 950 ft 2 27 m 2 Electrical Shop 360 ft 2 10.1 m 2 Carpentry Shop 140 ft 2 4 m 2 Warehouse 1,800 ft 2 51 m 2

Mooring System: (10) Intercon K7230 SD-250 - Single Drum - Load Monitoring & Line Counter System (3) Bow Fairleads Port Bow, Center Bow, Starboard Bow (2) Bow Breasts Fairleads Port Bow Breast, Starboard Bow Breast (2) Stern Breast Fairleads Port Stern Breast, Starboard Stern Breast (4) Stern Fairleads - Port Stern, Center Stern, Alt Center Stern, Starboard Stern - Center Stern can be run to alternatively placed Stern Starboard fairlead to avoid interference with the stingers Max wire length x Min wire Ø 6,600' x 2.25 2,011 m x 57 mm Min wire length x Max wire Ø 5,300' x 2.5 1,615 m x 63.5 mm Max Pulling Capacity per Winch 320 kips @ 80 ft/min 145.1 m ton @ 24.3 m/min Drum Brake per Winch 744 kips 337.4 m ton STATION KEEPING - MOORING SYSTEM Buoy Pennant Spoolers - 30 s ton (27.2 m ton) 1,500' x 2.5 Shore Pull System: Uses Center Stern Mooring Winch Performances Listed Above Anchors: Project Specific / Varies By Seafloor Conditions 457.2 m x 63.5 mm Flipper Delta (mud and clay conditions) Bow 16.5 s ton 15,000 kg Flipper Delta (mud and clay conditions) Stern 14.8 s ton 13,500 kg Flipper Delta (mud and clay conditions) Breast 13.2 s ton 12,000 kg Bruce FFTS MK4 (sandy conditions) 14.8 s ton 13,500 kg

Typical 8 or 10 point mooring arrangement (above), center stern can be run out immediately astern or run to an alternate starboard stern fairlead to avoid any stinger interference STATION KEEPING TYPICAL MOORING SPREAD MOORING WINCH PERFORMANCE

TYPICAL GROUND TACKLE ARRANGEMENTS

Pipehandling System: Remotely Operated Pipehandling System - Up to 60"Ø Pipe Conveyor Rollers 12 Pipe Transfer Rack Capacity Up to 6 joints Adjustable Alignment Rollers 3 Fixed Half Track Rollers FWD of Tensioners 3 Adjustable Rollers AFT of Tensioners 3 Tensioners: Horizontal Track Type Maximum Clearance 84 in (2.13 m) to pass laydown/pullheads Pipe Range Min Ø with V shoes 4 in (101.6 mm) Max Ø with O shoes 60 in (1,524 mm) SAS SVE100 LCS30AC #1 - (220,088 lb ft / 979 kn) 220 kips 100 m ton SAS SVE100 LCS30AC #2 - (220,088 lb ft / 979 kn) 220 kips 100 m ton Total Tension Capacity 440 kips 200 m ton Nominal Pay Out Rate at 220 kips (100 m ton) Nominal Take Up Rate at 220 kips (100 m ton) 98 ft/min (30 m/min) 82 ft/min (25 m/min) PIPELAY SYSTEM Provides suitable tension on a pipeline with a Field Joint gap up to 2.6 ft (.8 m) Abandonment & Recovery (A&R) Winch: SAS ARW 200E (Full drum) 440 kips 200 m ton Level Wind (Underwound) Nominal Pay Out Rate (Full Drum) 98 ft/min 30 m/min Standard Wire on Drum 5,000 ft x 3 in 1,524 m x 76 mm Max Drum Capacity 5,741 ft x 3.5 in 1,750 m x 89 mm

TENSION MACHINES Capacity up to 84 (2133.6mm) Ø passing through tensioner to accommodate pull & laydown heads and valve assemblies

Firing Line: Conventional S-Lay Fully Enclosed Pipe Handling, Pipe Transfer and Firing Line Overhead Gantry and Dolly System throughout Firing Line Joint Removal Hatch Above Alignment Station Work Stations for 40 ft (12.1m) joints Can be modified for 60 ft (18.28 m) joints Welding Stations - Dynamic "Go Carts at Welding Stations NDT / Repair Sand Blasting Joint Infill - Coating & Foam Automatic Welding Performance (estimated): Welding Machines (400 amp to 600 amp) 8 Stations 4 Stations 1 Stations 1 Stations 2 Stations 8 Ø x.750 wt 10 to 11 welds/hr 26 Ø x.625 wt 7 to 8 welds/hr 36 Ø x.750 wt 6 to 7 welds/hr 48 Ø x 1.000 wt 5 to 6 welds/hr (50) Total PIPELAY SYSTEM Firing Line & Ramp: Firing Line Length - FWD of First Tensioner 259 ft 78.94 m Firing Line Width at Welding Stations 18 ft 5.48 m Firing Ling Minimum Height 16 ft 4.87 m Ramp Length 138 ft 42.06 m Ramp Angle ~5.5 Ramp Arc Radius 1,130 ft 344.4m Davits: (6) Skagit PD-75 - Chain Davits - (5) in place 75 s ton 68 m ton @ 50 Outreach (Up to 40 Side-loading) Davit Boom Length 25 ft 7.62 m Chain Size 900 ft x 2 in 274.3 m x 50.8 mm

WORK STATION LAYOUT 40 Ft (12.1m) Pipe Joint Layout

RIGID TRUSS STINGER & ROLLER SETTINGS Example of Typical Stinger & Barge Roller Settings Profile

Stingers: All Stingers are designed and fabricated with a 38.5 s ton (35 m ton) per pipe joint working capacities. Primary Stinger: Rigid Truss Type - (2) Section Adjustable Angle Total 185 ft 56.38 m First "Hitch" section, (7) Adjustable Rollers 102 ft 31.08 m Second Section, (7) Adjustable Rollers 83 ft 25.29 m Deeper Water Stinger: Alpha Pontoon - (5) Section Adjustable Angle Floating 300 ft 91.44 m Each Section 60 ft (18.28 m), (2) Adjustable Rollers per Section, can be used in (2) to (5) sections arrangements depending on project specifics T Bar Hitch Quick Connection STINGER SYSTEMS Fully Adjustable Hitch with Locking Pins 42 in (1.06 m) Ø - Main Pontoon Chords Specialty Shallow Stinger: Ladder Stinger - (1) Section 110 ft 33.25 m (5) Adjustable Rollers

SAMPLE - LAY TENSION SCHEDULE Example of Typical Lay Tension Schedule Illustrating a 30 x.750 wt with various concrete weight coatings (1.75 2.75 ), laid between 43 ft (13m) and 788 ft (240 m) requiring a maximum barge tension of 240 kips

SAMPLE - STINGER & ROLLER SETTINGS Example of Typical Stinger & Barge Roller Settings

Examples of Typical As-Built and Anchor Verification PIPELINE SURVEY Example of Typical Anchor Placement and Anomaly Avoidance Example of Typical Mesotech usage to image the seafloor and guide the project execution team during subsea and sub-seafloor infrastructure installations, particularly in zero-visibility water conditions.