1 Furmanite Confidential 1904 Saving You Money Through

1 Furmanite Confidential - 1/9/04

Saving You Money Through Maximising Your Plants Availability 2 Furmanite Confidential - 1/9/04

Furmanite International Ltd • Leak Sealing • Pipeline Intervention • Composite Repair • Valve Repair • Pump Overhaul • In situ Machining • Trevitest • Metal Disintegration • Controlled Bolting • Smart Shim • Furma. Seal Clamps • PSIM • Fugitive Emmissions • Passive Fire Protection • Tank Roof Repair Adding Value Not Cost 3 Furmanite Confidential - 1/9/04 Field Services

4 § Offshore Oil & Gas § Refineries & Petrochemical § Power Generation § Ship Repair & Construction § Pharmaceutical Plants § Chemical Plants § Iron and Steel Works § Paper Manufacturing § Food Industry § Water Industry § Automotive § Ministry of Defence Furmanite Confidential - 1/9/04 Serving Your Industry

Company History 1929 Company founded in Liverpool. 1967 Service commenced. Company moved to Kendal. 1991 Purchased by Kaneb Services Inc. 2001 Name Change from Kaneb to Xanser 2007 Name Change from Xanser to Furmanite Corporation 5 Furmanite Confidential - 1/9/04

Worldwide Furmanite Worldwide Inc. - Corporate Headquarters 2435 North Central Expressway Suite 700 Richardson TEXAS 75080 USA Tel: 001 972 699 4000 • • • Furmanite International Ltd - UK Furman House Shap Road Kendal Cumbria LA 9 6 RU Tel: 00 44 1539 729009 Email: infouk@furmanite. com • • • • Furmanite Confidential - 1/9/04 • • • • Operating in Over 40 Countries 1000+ Employees Turnover $300 M 6 • • •

Applications • Ball Valves • • • Wellheads • Valve Glands • Flanges • Pipes Defects • Tees • Elbows • Screwed Fittings • • • Union/Couplings • Vessels • Pumps • Transformers • Welds Defects Leak Sealing Live & On-Line Valve Bonnets Heat Exchangers Pressures up to 350 barg & Temperatures to 600 o. C 7 Furmanite Confidential - 1/9/04

Leak Sealing - Pipework 8 § Defective Pipe work Enclosed to Prevent Leakage § Enclosures Designed to Provide Full Pressure Containment & Structural Support Furmanite Confidential - 1/9/04

Leak Sealing - Valves Valve Gland Injection • Fully Operable • Valve Integrity not Compromised • Repair is Permanent • Packing Material Used • Compound Compatible with Existing Packing Material 9 Furmanite Confidential - 1/9/04

Leak Sealing - Flanges On Site On Stream On Time 10 Furmanite Confidential - 1/9/04

Leak Sealing Benefits 11 • Avoid System Shutdown • On Site repairs • No reduction in Line Pressure • Significant Savings in Water Loss • Utilising WRAS approved Sealing Compounds Furmanite Confidential - 1/9/04

Pipeline Intervention § Hot Tapping § Line Plugging § Pipe Freezing § Valve Changing § Grouted Tee Hot Tapping Operation Pipe Freezing Operation 12 Furmanite Confidential - 1/9/04

Pipeline Intervention Hot Tapping (Under Pressure Drilling) is the method of making a connection to existing pressurised piping whilst the system remains on line. Also used as an access point for temporary isolation. Available from 1” to 70” at Pipeline Pressures of 1440 psi at 38 o. C and 700 psi at 370 o. C 13 Furmanite Confidential - 1/9/04

Pipeline Intervention Line Plugging is a means of stopping flow and providing a shut-off where no means of providing isolation is already in existence. Can be used in conjunction with a by-pass to maintain flow. Available from 1” to 48” 14 Furmanite Confidential - 1/9/04 2 Position Line Plug With by-pass

Pipeline Intervention Pipe Freezing involves the use of liquid nitrogen in the controlled formation of a solid ice plug inside the pipeline. Used for temporary isolation. Available from 1” to 48” 15 Furmanite Confidential - 1/9/04

Pipeline Intervention On-Line Pipeline connections using Grouted Tees Benefits 16 • No disruption to production or downtime incurrred • No Welding – ideal for hazardous environments • No damage to pipelines during installation • Can accommodate ovality of existing pipeline • Quick and simple surface preparation • Fully validated connection • 40 year design life • A Furmanite Service Furmanite Confidential - 1/9/04 A furmanite Service under license from Advantica

Benefits Pipeline Intervention • Keeps plant on-line • Allows on-site repairs and modifications to include valve & meter insertion • System isolations where either no isolation valves exist or are defective • Safe, cost effective and efficient temporary isolation Typical two position line plug with bypass 17 Furmanite Confidential - 1/9/04

Composite Repair Benefits § Permanent Repairs § Repair Rehabilitation Across a Range of Diameters § Nozzle Repair § Tank Repairs § Structural Repairs Stronger than the Existing Material 18 Furmanite Confidential - 1/9/04

Benefits Composite Repair • High Strength • Lightweight • Non Corroding • No Pre-fab required • Carried out on-line • No disruption • Installed using cold • work techniques 19 Furmanite Confidential - 1/9/04 Applied on site No Workshop Preparation

Pressurized Systems Integrity Management Guarantees a Leak Free Start Up Benefits 20 • Eliminates lost production and unnecessary shutdown • Maintains a leak-free environment, even on start-up • Reduces equipment and testing costs • Reduces the need for re -work • Removes potential health & safety issues • Protects the environment from emissions, and you against severe legislative penalties Furmanite Confidential - 1/9/04

On-Site Machining Applications • Flange Facing • Milling • Pipe Cutting Workshop Tolerances Delivered On-Site • Journal Turning • Drilling • Reaming • Line Boring • Grinding • Polishing • Stud Drilling 21 Furmanite Confidential - 1/9/04 From 50 mm diameter to more than 30 m diameter using our full range of equipment

Serving Every Sector Metal Disintegration • Power Generation • Refineries • Petrochemical • Iron and Steel • Marine • Offshore • Pulp and Paper • Water • Gas Typical Usage • Stud Removal • Pin Removal 22 Furmanite Confidential - 1/9/04 Disintegration of the Hardest Materials

Trevitest Benefits • No Interruption to Plant • Reduced time to Commission • Reduced Fuel cost • No Removal 23 Furmanite Confidential - 1/9/04 Cost Effective Safety & Relief Valve Testing

On-Site Valve Repair Service § Heat Exchanger Manufacturing • Full Workshop Overhaul • On Site Valve Overhaul • In-Situ Testing • Total Valve Health Care • 24 Pump Overhaul Furmanite Confidential - 1/9/04 Repairs to the Manufacturers Original Standard

Smart Shim Serving the offshore oil & gas industry § § AMEC/Furmanite to carry out an offshore survey § Results of survey reviewed with operator § Decision taken on whether finite element analysis required and whether chocking slips solution is needed § Chocking slips manufactured in line with detailed design and functional specification § § 26 Operator identifies problem with conductor, riser and/or caisson Installation and casting of Smart Shim undertaken in-situ offshore Post-installation instrumentation and service provided as required Furmanite Confidential - 1/9/04 IChem. E Award for innovation and excellence Chocking where it’s needed • On-deck • Below-deck • Sub-sea

STANDARD RANGE Furma. Seal Self Sealing Repair Clamps • Pipes • Tees Pipe End Connectors • Elbows • Flanges 8” Equal Tee (200 Bar rated) Furmaseal 24” Self Sealing Repair Clamp (102 bar rated) • Valves Range • 2” to 48” • upto 255 bar Flange Clamp 27 Furmanite Confidential - 1/9/04

SPECIAL APPLICATIONS Furma. Seal Benefits n Sub-sea Specific Designs available n Design Verification by Finite Element Analysis n Pressures upto 400 Bar Furmaseal. pdf 28 24” Sub Sea Clamp Furmanite Confidential - 1/9/04 16” High Pressure Sub Sea Clamp 34”, 42” & 46” Furmaseal Clamps

On-Site Machine Tools Range § Milling § Boring § Flange Facing § Drilling § Tapping § Shaft Turning Portable Machine Tools 29 Furmanite Confidential - 1/9/04

• Quality Assurance Management System • Safety Management System • Member of British Safety Council • Method Statements • Risk Assessments • Work Procedures 30 Furmanite Confidential - 1/9/04 Quality

Safety Training § All technicians are ECITB safety passport trained. § Technician are qualified or completing S/NVQ level 3. § Accident Statistics are available on request. § Method Statements are provided for all work undertaken. § Task Risk Assessments are supplied. § Material Data Sheets. § Take Two Risk Assessments. 31 Furmanite Confidential - 1/9/04

Comprehensive Support 32 • R&D • 24 Hr Engineering • Design • Manufacturing • Training • Safety • Quality Furmanite Confidential - 1/9/04 Support of the Highest Quality

Thank you 33 Furmanite Confidential - 1/9/04