Fjords Processing Streamlined Performance®

Key Facts

World-class wellstream processing technology, equipment and expertise to the global oil and gas industry

Over 500employees globally

Formally known asAker Process Systems

Global presence in all major oil and gas markets on 5 continents, and represented in 15 countries

2015 revenuesNOK 1.9 billion

Part of Aker group - subsidiary of OSE listed Akastor ASA (Ticker: AKA)

40 years of global growth

We have grown through multiple acquisitions and organic growth to become a successful company with more than 500 employees – serving customers in all major oil and gas markets around the globe.

Midsund

Calgary

Bakersfield

Houston

Rio de Janeiro

Oslo (HQ)

Dubai

Perth

Brisbane

Kuala Lumpur

Orkneys

Shanghai

Seoul – Kolon JV

APAC

London

Paris

EMEAAMERICAS

Partnerships / JVs

Fjords offices

Global Offices

Bogota

Global Management Team

Rune FantoftCEO

MatthewRummerAPAC

Global Functional Leaders Business Leaders

Michael BuffetHead of Americas

Lucie AddicksEMEA

Unni SalmonHR

KjetilUlving-TufteBD & Communications

Frode GarlidCFO &Chief of Staff

Spencer OulmanTechnology & Innovation Management

Key Partners, Operators & EPC companies

Oil

Our streamlinedperformance brings you the world’s most expert oil process support.

Oil

• Separators with Internals

• Scrubbers with Internals

• Vertical/ Horizontal Flow Electrostatic Dehydrator

• Electrostatic Desalter Systems

• Compact Electrostatic Coalescer (CEC®)

• Heavy Oil Treatment Products

Our expertise embraces compact oil treatment, heavy oil treatment, consultancy, testing and qualification, and advanced separator internals design.

Oil solutions include:

Oil references

QGC scrubber retrofit 2015V. Filanovsky oil train 2014

Quad 204 CEC 2014Replicantes oil desalter 2013 H. Brim separator retrofit 2013 18 projectsof several 100’s since 1990

J. Sverdrup 2016

HIC4 2016

Rumeilah 2016

West Qurna 2 2016

Zour 2016

QGC 2015

Al Dabbiya 2015

V. Filanovsky 2014

Hebron 2014

Oseberg A 2014

Gullfaks C 2014

Haewene Brim 2013

Replicantes 2013

P74 & 76 2013

Producer 2013

Ningaloo 2013

Gannet 2013

Goliat 2010

Smart FPSO module 2007

Gas

Our streamlinedperformance bringsyou the world’smost expert gasprocess support.

Gas

• Gas Dehydration (DEG, TEG, Molecular Sieve)

• Compact TEG (Super Purifier)

• Gas Sweetening

• Hydrate Inhibition (HITTM)

• MEG Reclamation Technology

• MEG Re-concentration

Optimizing production performance, smoothing operations and yielding high quality gas ready for pipeline transport.

Our gas solutions products include:

Gas references

OML58 2010 Habshan IGD 2012Wheatstone 2015

Egina 2016Bergading 2016 Moho Nord 2015 15projectsof more than 80 since 1995

N’Kossa 1995

Amenam 2004

MLN 2007

Miskar 2008

Umm Shaif 2009

OML 58 2010

Kollsnes 2011

Habshan IGD 2012

Laggan & Tormore 2013

Fort Nelson 2014

Wheatstone 2015

Moho Nord 2015

CAFC 2016

Egina 2016

Bergading 2016

MEG Reclamation system references

12projectsDelivered since 1998

Åsgard B 2000

Shah Deniz 2006

Ormen Lange 2007

Britsats 2008

Reliance 2009

C. de Santos 2011

Pluto 2012

Gorgon 2013

Barzan 2014

Ichthys 2015

Prelude 2016

FLNG2 2016

C. De Santos 2011 Pluto 2012Shah Deniz 2006

Gorgon 2013Prelude 2016 Ichthys 2015

Water

Our streamlinedperformance brings you the world’s most expert water process support.

Water

• Sulphate Removal Unit (SRU)

• Liquid/Liquid Hydrocyclones

• Compact Flotation Unit (CFU)

• Desanding Hydrocyclones /Sandjetting System

• Degassers

• Mare’s Tail® Coalescer

• Plate Interceptors

• Mechanical Induced Gas Flotation (MIGF)

• Hydraulic Induced Gas Flotation (HIGF)

• Nutshell Filters

• Vertical IGF

Effectively purifying produced water and sea water to remove oil and other residues to achieve increasingly strict required qualities.

Our efficient and reliable products include:

Produced water treatment references

Grane 2016 South Arne 2005Peregrino FPSO 2008

Heather PlatformTriton FPSO 2005 Gorm Platform 2008 18 projectsof 100’s of projects since 1990

Grane 2016

Egina 2016

Catcher 2015

CAFC 2014

St James Oil 2014

Prelude 2013

Pacific Process 2013

Nabiye Central 2012

Buzzard 2012

Chevron Alaska 2011

Bunga Raya 2011

Andrew 2011

Montrose 2011

Snorre B 2010

Alba 2009

Algar SAGD 2008

Peregrino FPSO 2008

Triton FPSO 2005

Sea water treatment references

Kraken 2016 Ichthys 2015P58 2011

OSX3 2012Catcher 2016 Tupi 2009 21 projectssince 2001

Maria 2016Baronia 2016Catcher 2016Kraken 2016P75 2014Ichthys 2015Moho Nords 2015Pilot5 2015OSX 2012Heidrun 2012P58 2011P62 2011Valhall/Hod 2011MV22 2009Cidade de S. 2011Jubilee 2009Tupi 2009Cidade de N. 2008MV14 2006P54 Roncador 2006P50Albacora 2003Ceiba 2001

Services

• Commissioning and start-up• Operational and on-site support• Spare parts management• Diagnostic analyses and studies• Solution design, modeling and testing• Process optimization and field revamp• Mechanical services• Environmental services• Standard training programs• Customized training programs• Equipment rental

We provide full aftermarket services and expert support for our installed equipment including maintenance, optimization and user-training.

Our intelligent value-add services include:

Manufacturing facilities

• Separators • Scrubbers • Knock-Out Drums• Receivers • Reactors • Columns • Contactors • Slug Catchers

Midsund Bruk is a leading supplier of pressure vessels to the oil-and gas industry, owned by Fjords Processing, with an international reputation for excellence in design, on time delivery and high quality manufacturing of pressure vessels.

Comprehensive service offering

AftermarketBoost the value of your field

• Commissioning and start-up

• Operational and on-site support

• Spare parts management

BrownfieldBoost the value of your assets

• Diagnostic analyses and studies

• Solution design, modeling and testing

• Process retrofitting

• Mechanical services

• Rental

• Environmental services

TrainingAccess expert knowledge

• Standard training programs

• Customized training programs

Midsund

Calgary

Bakersfield

Houston

Rio de Janeiro

Oslo (HQ)

Dubai

Perth

Brisbane

Kuala Lumpur

Orkneys

Seoul – Kolon JV

London

Paris

Existing service team locations

Local service, global support

Bogota

SEP/PW Brownfield / Heavy Oil

PW Brownfield

SEP/PW Brownfield / Environmental

Mechanical Services

MEG ServicesSRU Services

SEP/PW Brownfield

SEP/PW Brownfield / Environmental

SRU ServicesSEP/PW BrownfieldGas Brownfield

MEG Services

Gas Brownfield