CERTIFICATES & ACCREDITATION HSEQ

CERTIFICATES & ACCREDITATION HSEQ Right from the inception, the successful establishment and application of HSEQ management system according to international standards in PV Coating s production and business activities is considered one of the most important goals and the key to successful integration of PV Coating into the international oil and gas coating service market. With strong commitment from the PV Coating s leadership, HSEQ management system according to international standards in turn are successfully established and applied at PV Coating in a short time through the obtainment of international certificates certified by DET NORSKE VERITAS (DNV): Quality Management System ISO 9001:2008 Occupational Health and Safety Management System OHSAS 18001: 2007 Environmental Management System ISO 14001: 2004 In addition, all coated pipes manufactured by advanced and modern coating lines of PV Coating are always in compliance with internationally recognized quality standards of coating pipes (NACE RP0394, CSA Z245.21, DIN 30670, DIN 30678, NF A49-711, NF A49-710) and technical specifications of various projects. With the achievements of bringing modern coating technology in the world to Vietnam and successfully applying Health System - Safety - Environment - Quality ( HSEQ ) management systems according to the international standards, PV Coating is proud to be the first and exclusive company which provides advanced coating products and services without harm to the environment. 2 23

RECOGNITION PARTNERS 4 5

HUMAN RESOURCES INTRODUCTION Total employees (2014): 249 Doctorates and masters: 9 Engineers and Bachelors: 96 Technical workers: 144 PetroVietnam Coating Joint Stock Company (PV Coating) is a member of PetroVietnam Gas Joint Stock Corporation (PV Gas) and operates under Vietnam National Oil and Gas Group (PetroVietnam PVN). Established in August 31st 2007, the company was initially named PetroVietnam Industrial Park Development & Investment Joint Stock Company and then changed name as PetroVietnam Gas Construction & Investment Joint Stock Company (PVID) in June 2009. Since April 18th 2013, at the Annual Shareholder Meeting, the company has been named PetroVietnam Coating Joint Stock Company (PV Coating). Our pipe coating plant is located in Phu My 1 Industrial Zone - Tan Thanh District - Ba Ria Vung Tau province - Vietnam, one of the most thriving industrial zones in Vietnam with modern infrastructure and convenient location. Particularly, the plant is located on National Highway No. 51, which connects Ho Chi Minh City gas exploration in Vietnam. Besides, there are 3 international deep-water ports nearby, namely SP - PSA port, SITV port and Tan Cang Cai Mep port. Therefore, PV Coating s plant can take the advantages of its geographical position to facilitate the transportation of bare pipes and coated pipes from and to all over the world. Since its foundation in 2007, PV Coating s total workforce has experienced fast growth both in quantity and quality, which has corresponded to its local and international expansion. PV Coating considers human resources as the most valuable asset to the company and as the key for future success and development. continuous training such as advanced training, on-the-job training, HSE training, in order that our human resources can reach professional and international standards. 6 7

CORE SERVICES ANTI CORROSION COATING CONCRETE WEIGHT COATING INSULATION COATING FUSION BONDED EPOXY COATING (FBE) BEND & FITTING COATING Fusion Bonded Epoxy (FBE) is an excellent anti-corrosion coating for oil and gas pipelines because its strong adhesion to steel brings about superior long term corrosion resistance and protection of pipelines operating smoothly at required temperatures during their designed life. Also, the excellent resistance to corrosion of FBE coating helps to reduce the total cost of cathodic protection during the operation of the pipeline. TESTING SERVICES FIELD JOINT COATING COATING Capability/Property FBE Minimum Pipe Diameter 60.3 mm (2 ) Maximum Pipe Diameter 1219.2 mm (48 ) Minimum Pipe Length 9.5 m Maximum Pipe Length 12.7 m Maximum Recommended Operating Temperature 140 C (284 F) 8 9

THREE LAYER POLYETHYLENE COATING (3LPE) Three layer polyethylene coating (3LPE) is a multilayer coating composed of three functional components: a FBE primer, a copolymer adhesive and an outer layer of high density polyethylene to provide excellent corrosion protection and mechanical protection for oil & gas pipelines at operating temperature up to 85 o C. The 3LPE System achieves superior long term corrosion resistance and excellent mechanical protection for small and large diameter pipelines operating at high temperature thanks to strong adhesion of FBE to steel and the tough outer layer of high density polyethylene. The 3LPE system can be applied in a wide range of THREE LAYER POLYPROPYLENE COATING (3LPP) Three layer polypropylene coating (3LPP) is a multilayer coating composed of three functional components: a FBE primer, a copolymer adhesive and an outer layer of polypropylene to provide excellent corrosion protection and mechanical protection for oil & gas pipelines at operating temperature up to 140 o C. The 3LPP Systems achieve superior long term corrosion resistance and excellent mechanical protection for small and large diameter pipelines operating at high temperature thanks to strong adhesion of FBE to steel and the tough outer layer of polypropylene. The 3LPP system can be requirements. Capability/Property 3LPE Minimum Pipe Diameter 60.3 mm (2 ) Maximum Pipe Diameter 1219.2 mm (48 ) Minimum Pipe Length 9.5 m Maximum Pipe Length 12.7 m Minimum/Maximum Recommended Operating Temperature (Onshore) -20 C to 65 C (-4 F to 149 F) -20 C to 85 C (-4 F to 185 F) Capability/Property 3LPP Minimum Pipe Diameter 88.9 mm (3 ) Maximum Pipe Diameter 1219.2 mm (48 ) Minimum Pipe Length 9.5 m Maximum Pipe Length 12.7 m Minimum/Maximum Recommended Operating Temperature (Onshore) -20 C to 110 C (-4 F to 230 F) -20 C to 140 C (-4 F to 284 F) 10 11

CONCRETE WEIGHT COATING (CWC) POLYURETHANE FOAM THERMAL INSULATION COATING (PUF THERMAL INSULATION COATING) This concrete weight coating system provides negative buoyancy and Capability/Property uses impingement application process making it suitable for both small and large diameter pipelines. This coating method is available in various thicknesses and densities to provide the appropriate level of buoyancy control and meet project which achieves a high level of mechanical protection and stability. It can be applied over all anti-corrosion coatings and insulation coatings without harm to the long term corrosion protection and thermal insulation of the pipelines. Concrete Weight Coating Characteristic Proctor Cylinder Compressive Strength (28 days) 30-40 MPa (4350-5800 psi) Characteristic Cube Compressive Strength (28 days) 40-50 MPa (5800-7250 psi) Minimum Concrete Thickness 40 mm Maximum Concrete Thickness 150 mm Minimum Pipe Diameter 168.3 mm (6 ) Maximum Pipe Diameter 1219.2 mm (48 ) Minimum Pipe Length 9.5 m Maximum Pipe Length 12.7 m is critical to the oil and gas industry to reduce heat loss and prevent hydrate formation for oil pipelines and helps to maintain viscosity in hot oil pipelines. The coating system is a polyurethane-based insulation coating composed of three functional components: a FBE primer, a layer of polyurethane foam and an outer layer of high density polyethylene/polypropylene to provide excellent corrosion protection, superior insulation and mechanical protection for oil pipelines at operating temperatures up to 150 o C. Capability/Property PU Foam Minimum Pipe Diameter 100 mm (4 ) Maximum Pipe Diameter 600 mm (24 ) Minimum Operating Temperature -20 o C (-4 o F) Maximum Operating Temperature -140 o C (284 o F) Minimum Pipe Length 9.5 m Maximum Pipe Length 12.7 m OHTC ( U Value) < 2.0 W/m2.K (0.352 BTU/hr.ft2.F) Maximum Water Depth 300 m K-Value <0.042 W/m.K 12 13

MULTILAYER POLYPROPYLENE (MLPP) INSULATION COATING BENDS & FITTINGS 2LPE/3LPE 2LPP/3LPP Anti-corrosion coating subsea pipelines with operating temperatures up to 150 C (302 F) and depths of up to 3000 m (9842 ). In MLPP thermal insulation coating, 3LPP coated pipe is conveyed through infrared heating system for outer layer fusion and improving adhesion between preceding and successive layers. Hot PP Foam is extruded onto the heated 3LPP coated pipe. Then the pipe is cooled down by quenching system. This step will be repeated as many times as necessary to achieve the desired thermal insulation requirements. Following the applied by extrusion process over the polypropylene foam. Capability/Property MLPP Minimum Pipe Diameter 100 mm (4 ) Maximum Pipe Diameter 600 mm (24 ) Minimum Operating Temperature -35 C (-31 F) Maximum Operating Temperature 150 C (302 F) Minimum Pipe Length 9.5 m Maximum Pipe Length 12.7 m OHTC ( U Value) <1.5 W/m2.K (0.264 BTU/hr.ft2.F) Maximum Water Depth 3000 m We can apply 2LPE/3LPE 2LPP/3LPP anti-corrosion coating systems designed for subsea production structures. can be applied in a wide range of thicknesses to meet project requirements for both shallow and deep water applications. This coating provides excellent long-term anticorrosion protection for bends in subsea environments and in harsh environments with temperatures up to 140 C (285 F). The two and three-layer polyethylene and polypropylene coating systems are suitable for all the existing anti-corrosion. 14 15

BENDS & FITTINGS SPU Insulation Coating FIELD JOINT COATING for both shallow and deep water applications. This coating provides superior thermal insulation properties. The adhesion properties of the primer or the FBE result in corrosion protection and resistance to cathodic disbondment. It can be used for thermally insulating fabricated custom parts of subsea production systems for bends. The SPU systems can be applied for technical performance designs based on the specific requirements of each project. Products and Services for the protection of Pipe Joints both Internal and External. These are for line pipes usually coated with 3LPE and 3LPP coated pipelines combined with Insulation or Concrete Weighted Coating or both. Heat Shrink Sleeve PE or Heat Shrink Sleeve PP from Canusa or Berry Plastics are usually used and they can provide the same PE and PP material grades as the mainline (factory-applied) coating. They can also provide equivalent performance and deliver truly consistent end-to-end pipeline coating performance when applied Field joint coating for insulation coated pipelines can have Polyurethane Foam (PU Foam) or Solid Polyurethane (SPU) coating technologies applied and again, comprise of the same PU Foam or SPU material grades as the mainline (factory-applied) coating. This again when applied by our FJC team will provide equivalent performance and deliver truly consistent end-to-end pipeline coating performance. conditions. 16 17

FACILITIES TESTING SERVICES FBE Materials PE/PP Materials 3LPE/3LPP Coating Pipeline PUF/SPU Insulation Hardened Concrete CWC Pipeline Thermal Analysis Tensile and Elongation Cathodic Disbondment Thermal Conductivity Compressive Strength Shear Test Degree of Cure Melt Flow Index Hot Water Immersion Density, Water absorption Density Impact Test Moisture Content Indentation Hardness Flexible Strength Compressive Strength Water absorption Peeling Strength 18 19

COATING LINES 20 21

LABORATORY HANDLING EQUIPMENT 22 23

1. Provision of pipeline and bend coating services for Nam Con Son 2 Phase 1 gas pipeline project. TRACK RECORDS Investor: PV GAS Total length of coated pipes: 153 km Pipe diameter: 26 Coating technology applied: Anti-corrosion for line pipes (3LPE), Anticorrosion for bends (3LPE), Concrete weight coating for line pipes. Year of completion: 2015 2. Provision of pipeline and bend coating services for Nam Con Son 2 Bach Ho gas pipeline project Investor: Vietsovpetro Total length of coated pipes: 11 km Pipe diameter: 26 Coating technology applied: Anti-corrosion for line pipes (3LPE), Anticorrosion for bends (3LPE), Concrete weight coating for line pipes. Year of completion: 2015 3. Provision of pipeline and bend coating services for Thai Binh Ham Rong project Investor: PV GAS D Total length of coated pipes: 25 km Pipe diameter: 12 Coating technology applied: Anti-corrosion for line pipes (3LPE), Anticorrosion for bends (3LPE), Concrete weight coating for line pipes. Year of completion: 2015 24 25

4. Provision of pipeline and bend coating services for Te Giac Trang Field Development H5 WHP project Investor: Hoang Long Joint Operating Company Total length of coated pipes: 26.2 km Pipe diameter: 6, 8, 10 & 12 Coating technology applied: Anti-corrosion for line pipes (3LPE), Anti-corrosion for bends (3LPE), Thermal insulation coating for line pipes (FBE+PUF+HDPE), Thermal insulation coating for bends (FBE+SPU), Concrete weight coating for line pipes. Year of completion: 2015 5. Provision of field joint coating services for Te Giac Trang Field Development H5 WHP project Investor: Hoang Long Joint Operating Company 9. Provision of pipeline coating services for BK16-BK14 & FSO3 FSO6 Investor: Vietsovpetro Total length of coated pipes: 6.5 km Pipe diameter: 12 Coating technology applied: Thermal insulation coating for line pipes (FBE+PUF+HDPE), Concrete weight coating for line pipes. Year of completion: 2014 10. Provision of field joint coating services for Su Tu Nau project. Investor: Cuu Long Joint Operating Company Pipe diameter: 18 Coating technology applied: Heat Shrink Sleeve-PP + SPU Year of completion: 2014 Pipe diameter: 6, 8 & 12 Coating technology applied: Heat Shrink Sleeve-PE, Heat Shrink Sleeve-PP + SPU Year of completion: 2015 11. Provision of pipeline and bends coating services for Diamond Development project. Investor: Petronas Carigali Vietnam Limited 6. Provision of field joint coating services for cooling water pipeline of Nghi Son Refinery & Petrochemical LLC project Investor: JGCS - PTSC Pipe diameter: 48 & 108 Coating technology applied: Wrapping cold tape Year of completion: 2015 7. Provision of pipeline and bend coating services for Su Tu Nau project. Total length of coated pipes: 19 km Pipe diameter: 10 Coating technology applied: Anti-corrosion for line pipes (3LPP & 3LPE), Anti-corrosion for bends (3LPP & 3LPE), Concrete weight coating for line pipes. Year of completion: 2013 12. Provision of pipeline, bend coating services for Su Tu Vang - North East project (SVNE project) Investor: Cuu Long Joint Operating Company Investor: Cuu Long Joint Operating Company Total length of coated pipes: 63 km Pipe diameter: 6, 10, 12, 14 & 18 Coating technology applied: Anti-corrosion for line pipes (FBE, 3LPE, 3LPP), Anti-corrosion for bends (2LPP & 2LPE), Thermal insulation coating for line pipes (FBE+PUF+HDPE), Thermal insulation coating for bends (FBE+SPU), Concrete weight coating for line pipes. Year of completion: 2014 8. Provision of pipeline and bend coating services for Su Tu Vang South West project. Total length of coated pipes: 4,5 km Pipe diameter: 6, 8, 14 Coating technology applied: Anti-corrosion coating for line pipes (3LPE), Thermal insulation coating for line pipes (FBE+PUF+HDPE), Thermal insulation coating for bends (3LPE & 3LPP), Concrete weight coating for line pipes. Year of completion: 2013 13. Provision of pipeline, bend coating services & installation of anodes for Thang Long Dong Do project Investor: Lam Son Joint Operating Company Investor: Cuu Long Joint Operating Company Total length of coated pipes: 16 km Pipe diameter: 6 & 10 Coating technology applied: Anti-corrosion for line pipes (3LPE), Anti-corrosion for bends (2LPP & 2LPE), Thermal insulation coating for line pipes (FBE+PUF+HDPE), Thermal insulation coating for bends (FBE+SPU), Concrete weight coating for line pipes. Year of completion: 2014 EPC: PTSC M&C Total length of coated pipes: 20 km Pipe diameter: 6, 8, 10, 12 Coating technology applied: Anti-corrosion coating for line pipes (3LPE), Thermal insulation coating for line pipes (FBE+PUF+HDPE), Anti-corrosion coating for bends (3LPE), Thermal insulation coating for bend (FBE+SPU), Concrete weight coating for line pipes. Year of completion: 2013 26 27

14. Provision of line pipes coating service and installation of anodes for Dragon Tortoise Gas Gathering System Extension project. Investor: Vietsovpetro Total length of coated pipes: 18 km Pipe diameter: 10 Coating technology applied: Anti-corrosion coating for line pipes (3LPE), Concrete weight coating for line pipes Year of completion: 2013 15. Provision of pipeline coating service and installation of anodes for Tho Trang MSP6 project Investor: Vietsovpetro Total length of coated pipes: 7,5 km Pipe diameter: 10 Coating technology applied: Anti-corrosion coating for line pipes (FBE+PUF+HDPE), Concrete weight coating for line pipes Year of completion: 2013 16. Provision of field joint coating for risers of Thang Long Dong Do project Investor: Lam Son Joint Operating Company Pipe diameter: 6, 8, 10, 12 Coating technology applied: HSS (Heat shrink sleeve), Solid PU Year of completion: 2013 17. Coating for riser pipes and bends for Su Tu Nau Field Development project Investor: Cuu Long Joint Operating Company Total length of coated pipe: 0.5 km Pipe diameter: 6, 10, 12, 18 Coating technology applied: thermal insulation coating for riser pipes and bends (FBE, 5LPP) Year of completion: 2013 18. Provision of pipeline and bend coating services & installation of anodes for Hai Su Trang Hai Su Den Field Development project Investor: Thang Long Joint Operating Company Total length of coated pipes: 38 km Pipe diameter: 6, 8, 10, 16 Coating technology applied: Anti-corrosion coating (3LPE), Insulation coating (FBE+PUF+HDPE), bend coating (Anti-corrosion & Insulation), Concrete weight coating Year of completion: 2012 19. Provision of pipeline, bend and anode installation coating services for Su Tu Trang Development project Investor: Cuu Long Joint Operating Company Total length of coated pipes: 20 km Pipe diameter: 12 Coating technology applied: Anti-corrosion coating (3LPP), Insulation coating (5LPP), bend coating (Anti-corrosion), Concrete weight coating Year of completion: 2012 20. Provision of pipeline, bend coating services for DUA Development Block 12W Investor: Premier Oil Vietnam Offshore Total length of coated pipes: 20 km Pipe diameter: 10 Coating technology applied: Anti-corrosion for line pipes (3LPE), Thermal insulation for line pipes (FBE+PUF+HDPE), Concrete weight coating for line pipes. Year of completion: 2012 21. Provision of pipeline, bend coating services & installation of anodes for Bien Dong 1 project - Clad pipe package Investor: Bien Dong POC EPC: PTSC M&C Total length of coated pipes: 11 km Pipe diameter: 12 Coating technology applied: Anti-corrosion coating for line pipes (3LPP), Thermal insulation for line pipes (5LPP), Anti-corrosion coating for bends (3LPP), Concrete weight coating for line pipes. Year of completion: 2012 22. Provision of line pipes coating for GTC1-BK14 gas pipeline and GTC1-MTC1 oil pipeline Investor: Vietsovpetro Total length of coated pipes: 16,8 km Pipe diameter: 8, 12" Coating technology applied: Anti-corrosion coating for line pipes (3LPE), Thermal insulation coating for line pipe (FBE+PUF+HDPE), Concrete weight coating for line pipes. Year of completion: 2012 23. Provision of field joint coating for risers of WHP-MT1 and WHP-HT1 for Bien Dong 1 project Investor: Bien Dong POC EPC: PTSC M&C Pipe diameter: 20 Coating technology applied: HSS (Heat shrink sleeve), PP half shell Year of completion: 2011 (WHP-MT1); 2012 (WHP_HT1) 28 29

24. Provision of field joint coating for risers of Hai Su Trang Hai Su Den Field Development project Investor: Thang Long Joint Operating Company EPC: PTSC M&C Pipe diameter: 6, 8, 10, 16 Coating technology applied: HSS (Heat shrink sleeve), Solid PU Year of completion: 2012 25. Provision of carbon steel linepipe, bend coating services and installation of anodes for Bien Dong 1 project - Carbon Steel package Investor: Bien Dong POC EPC: PTSC M&C Total length of coated pipes: 15 km Pipe diameter: 20, 26 Coating technology applied: Anti-corrosion coating for line pipes and bends (3LPE), Concrete weight coating for line pipes. Year of completion: 2011 26. Provision of line pipes coating for RC5-RC6 gas pipeline and RC6-RC7 oil pipeline for Dragon Field Development project Investor: Vietsovpetro Total length og coated pipes: 15 km Pipe diameter: 12 Coating technology applied: Anti-corrosion coating for line pipes (3LPE), Thermal insulation coating for line pipe (FBE+PUF+HDPE), Concrete weight coating for line pipes. Year of completion: 2011 27. Provision of line pipes and bends coating service for Te Giac Trang project Investor: Hoang Long Joint Operating Company Total length of coated pipe: 37 km Pipe diameter: 6, 8, 10, 16 Coating technology applied: Thermal insulation coating for line pipes and bend (3LPE/PP, HPDE, PUF), Concrete weight coating for line pipes Year of completion: 2011 30 31