Seth Cost Estimate Rev 2-KIM

Seth Development Project
Cost Status as of 31 Oct 2010 (US $)
Actual costs
PTB Difference
Description Committed E.F.C. Total Till Prev This Month
Budget (EFC-Budget) Total up to date
Month (Sept 10) (Oct 2010)
Materials 73,392,012 0 73,392,012 0 0 0
Professional Services 22,085,251 812,000 22,085,251 0 812,000 812,000
Fabrication & Installation 123,866,679 0 123,866,679 0 0 0
Common costs 23,100,000 0 23,100,000 0 0 0
Contingency 6,499,821 0 6,499,821 0 0 0
Total Facilities by categories 248,943,763 812,000 248,943,763 0 812,000 812,000
Last PTB Difference

Description Committed E.F.C. Total Till Prev This Month
Budget (EFC-Budget) Total up to date
Month (Sept 10) (Oct 2010)
Platform (Predril template, Piles, Jacket, Deck 138,362,061 812,000 138,362,061 0 812,000 812,000
Sealine 31,027,349 0 31,027,349 0 0 0
Spools, Plem & SSIV 35,136,252 0 35,136,252 0 0 0
Onshore facilities 14,818,280 0 14,818,280 0 0 0
Common costs 23,100,000 0 23,100,000 0 0 0
Contingency 6,499,821 0 6,499,821 0 0 0
Total Facilities by units 248,943,763 812,000 248,943,763 0 812,000 812,000
Drilling and completion 51,175,000 0 51,175,000 0 0 0
Overall Total (technical cost) 300,118,763 812,000 300,118,763 0 812,000 812,000

Cost Details - Option 1 Curr
As of 31 Oct 2010 Year
CBS Ref No Date Description Budget Estimate Supplier
(581000+10*(5750+172
5*2)+10/30*8950)*
1.1 Platform (Predrilling template, Piles, Jacket & Deck)
1.1.1 Platform Materials 50,196,698 ###
Structural Materials
1.1.1.1 Primary steel for jacket 3,665,762 Nuova Olmec Seth 01 ###
1.1.1.2 Primary steel for deck Nuova Olmec / Rosetti Marino
1.1.1.3 Secondary steel for deck 5,390,687 Nuova Olmec / Rosetti Marino
1.1.1.4 Secondary steel for Jacket Nuova Olmec / Rosetti Marino
1.1.1.5 Plates for piles 1,584,535 Nuova Olmec Seth 01
1.1.1.6 Predrilling template materials 52,839 Nuova Olmec Seth 01
1.1.1.7 Docking piles 250,000 Nuova Olmec / Rosetti Marino
TSF Materials
1.1.1.8 Production Manifold 2,193,100 Tharwa Breda
1.1.1.9 Manual & Actuated valves 1,512,000 Tharwa Breda

1.1.1.10 E& I module 1,597,902 EMC Fores
1.1.1.11 Microturbine including Fuel Gas skid 2,086,585 EMC Fores
1.1.1.12 Emergency Diesel Generator 974,400 EMC Fores
1.1.1.13 EPC Contract - TSF materials 30,888,887 Enppi / PTJ / TM
1.1.1.14 Platform Materials Contingency -
1.1.2 Professional services 18,119,814 ###

Surveys
1.1.2.1 Well site survey 305,100 Impresub ###
1.1.2.2 Shalow soil survey 812,000 Impresub ###
1.1.2.3 Dimentional control services 150,000 IEOC
Services
1.1.2.4 Expediting services by third party 200,000 ###
1.1.2.5 EPC Contract - Detailed Eng. Struct. Deck & TSF 6,418,263 Enppi / PTJ / TM
1.1.2.6 EPC Contract - PM & Procurement follow up 9,451,551 Enppi / PTJ / TM
1.1.2.7 Vendor assistance for LLIs purchased by company 782,900 PTB Vendors ###
1.1.2.8 Professional services Contingency -
1.1.3 Fabrication & Installation 70,045,549 ###
Fabrication
1.1.3.1 Fabrication of Predrilling template 110,000 Enppi / PTJ / TM ###
1.1.3.2 Prefabrication of piles (Rolling) 630,000 PTJ
1.1.3.3 Fabrication & load out of piles Enppi / PTJ / TM

24,155,157
1.1.3.4 Fabrication & load out of Jacket & Deck Enppi / PTJ / TM
Offshore Installation
1.1.3.5 Transportation & Installation of Platform 39,539,500 Int. Contractor ###
Accomodation barge for Hook Up & Start up (as per
1.1.3.6 2,417,091 PMS
attached sheets)
EPC Vendor assist for Precom & Comm (Onshore &
1.1.3.6 1,960,065 Enppi / PTJ / TM
Offshore)
1.1.3.7 EPC Hook up scope 1,233,736 Enppi / PTJ / TM
1.1.3.8 Fabrication & Installation Contingency - ###

1.1 Total Platform 138,362,061 ###
(581000+10*(5750+172
5*2)+10/30*8950)*
1.2 Sealine 0
1.2.1 Materials 3,461,489 ###
Materials
1.2.1.1 Line pipes 16" 3,404,940 ###
1.2.1.2 Anodes 56,549 ###
1.2.1.3 Matress for crossings
1.2.1.4 Materials Contingency - ###
Surveys
1.2.2.1 Sealine prelay survey & route clearing (if any) 1,000,000 Impresub
Services
Basic design, Detailed Eng & Proc Services of Sealine
1.2.2.2 636,000 Enppi ###
& Spools
1.2.2.3 Professional services Contingency -
###
Fabrication
1.2.3.1 Sealine pipe coating & Load out 1,611,720 Petrojet ###
1.2.3.2 Sealine transportation & installation 24,318,140 PMS
1.2.3.3 Crossing preparation & Matress installation PMS

1.2.3.4 Fabrication & Installation Contingency -
1.2 Total Sealine 31,027,349 ###
1.3 Spools, Plem & SSIV 0
1.3.1 Materials 9,215,625 ###
Materials
1.3.1.1 SSIV 4,480,000 Tharwa Breda ###
1.3.1.2 PLEM 4,200,000 Tharwa Breda
1.3.1.3 LR & Hot bends fabrication 36,025 ###
1.3.1.4 Line pipes 16" for spools 130,891 ###
1.3.1.5 Line pipes 16" for hot bends 74,369 ###
1.3.1.6 Flanges, Stud bolts & Nuts 131,741
1.3.1.7 Kamos Ring 113,256
1.3.1.8 HSS 29,344
1.3.1.9 Matress & Grouting bag 20,000
1.3.1.10 Materials Contingency - ###
1.3.2 Professional services 829,406 ###
Services
1.3.2.1 EPC Contract - PLEM & SSIV Procurement follow up 829,406 Enppi / PTJ / TM ###
1.3.2.2 Professional services Contingency - ###

Fabrication
1.3.3.1 EPC Contract : Spool fabrication 1,120,000 Enppi / PTJ / TM ###
1.3.3.2 Plem, SSIV installation
PMS
1.3.3.3 Spools installation (partial), Leak test & purging 14,248,089 Year 2011
(as per attached sheets)
1.3.3.4 Hot tapping offshore vessel
1.3.3.5 Hot tapping tie-in execution (if required) TDW
1.3.3.6 Umblical laying, trenching, balance Spools Installation PMS - Inter Contr
PMS - Inter Contr
9,723,132 Year 2012
1.3.3.7 Final tie in (SSIV & Riser) - included above (As per attached sheet) ###
1.3.3.8 Fabrication & Installation Contingency -

1.3 Total Spools, Plem & SSIV 35,136,252 ###
1.4 Onshore facilities 0

1.4.1 Materials 10,518,200 ###
Materials
1.4.1.1 New Slug catcher & Actuated valves 6,580,000 Petrojet - Scardello ###
1.4.1.2 Manual valves 235,200
1.4.1.3 ESD / DCS Upgrading 518,000 ABB
1.4.1.4 Fire Fighting, Fire & Gas detection system 154,000
1.4.1.5 Mechanical Bulk 2,520,000
1.4.1.6 E&I materials 511,000
1.4.1.7 Materials Contingency -
Services
1.4.2.1 Detailed Eng, Proc Services & Site assist. 1,500,030 Enppi ###
1.4.2.2 Professional services Contingency - ###
Onshore Installation
1.4.3.1 Installation & Precomm. of onshore facilities 2,500,050 Petrojet ###
1.4.3.2 Commissioning 300,000 Vendors
1.4.3.3 Fabrication & Installation Contingency - ###
1.4 Total Onshore facilities 14,818,280 ###
1.5 Common Costs (Proj Mang, Insur, Basic Eng, Supervision)

1.5.1 Common Services 23,100,000 ###
Services
1.5.1.1 Concept selection IEOC / BP ###
6,600,000
6,600,000
1.5.1.2 Basic Design & Feed IEOC
Insurance, Proj Management & Supervision
1.5.1.3 Insurance 6,500,000 Misr Insu
1.5.1.4 Supervision 4,500,000 Rina/ GL/etc ###
1.5.1.5 Project Management 5,500,000 PTB
1.5.1.6 Common Services Contingency - ###
1.5 Total Common services 23,100,000 ###
1.1+2+3+4+5 Total 242,443,942 ###
1.6 General Contingency 6,499,821 ###
1 1.1+2+3+4+5+6 Grand Total (Facilities) 248,943,763 ###
1.7 Drilling
1.7.1 Wells Pre-drilling campaign 20,475,000 ###
1.7.1.1 Transp & inst of Predrilling temp - Drilling scope 1,875,000
1.7.1.2 Seth West Shallow 8,900,000 ###
1.7.1.3 Seth West Deep 9,700,000 ###
1.7.2 Wells Tie back & Completion campaign 30,700,000 ###
1.7.2.1 Seth West Shallow 15,000,000 ###
1.7.2.2 Seth West Deep 15,700,000 ###
1.7 Total Drilling 51,175,000 ###
0 Grand Total (Facilities + Drilling) 300,118,763 ###

1 Seth Development Project
1.1.1 Materials
1.1.2 Prof Services
1.1.3 Fabrication
1.1.4 Installation
1.2 Sealine
1.2.1 Materials
1.2.2 Prof Services
1.2.3 Fabrication
1.2.4 Installation
1.3 Spools, Plem & SSIV
1.3.1 Materials
1.3.2 Prof Services
1.3.3 Fabrication
1.3.4 Installation
1.4 Onshore facilities
1.4.1 Materials
1.4.2 Prof Services
1.4.3 Fabrication
1.4.4 Installation
1.6 Contingencies
1.7 Drilling
1.7.1 Predrilling
1.7.2 Tieback & Completion
Seth Development Project Analitical 0% A
Cost Details - Option 2 Parametric 0% P

Estimation 0% E
Actual 0% C
D
Type of Rate
a
CBS Ref No Description Estimate Supplier Country estimat Notes Qty Unit per Amount
t
e unit
e
(581000+10*(5750+172
5*2)+10/30*8950)*
1.1.1 Platform Materials 50,196,698
Structural Materials
1.1.1.1 Primary steel for jacket 3,665,762 Nuova Olmec Seth 01 ND C 0% Offer from vendor + 10% for DE 1,300 tons 3,703 4,813,444
1.1.1.2 Primary steel for deck Nuova Olmec / Rosetti Marino ND P 0% 1,456 tons 3,703 5,390,687
1.1.1.3 Secondary steel for deck 5,390,687 Nuova Olmec / Rosetti Marino ND P 0% TM quaty x Tuna Rate. As per attached sheet
1.1.1.4 Secondary steel for Jacket Nuova Olmec / Rosetti Marino ND P 0%
1.1.1.5 Plates for piles 1,584,535 Nuova Olmec Seth 01 ND C 0% Offer from vendor + 10% for DE 1,200 tons 1,412 ???
1.1.1.6 Predrilling template materials 52,839 Nuova Olmec Seth 01 AP C 0% Offer from vendor + 10% for DE 22 tons 3,703 81,458
1.1.1.7 Docking piles 250,000 Nuova Olmec / Rosetti Marino AP P 0% Estimated
TSF Materials
TNW2 year 2005 + 30% ; to be verified by
1.1.1.8 Production Manifold 2,193,100 Tharwa Breda TS E 0%
vendor
1.1.1.9 Manual & Actuated valves 1,512,000 Tharwa Breda DM E 0% to be estimated based on BE.
1.1.1.10 E& I module 1,597,902 EMC Fores TS E 0% Denise B + 20%
1.1.1.11 Microturbine including Fuel Gas skid 2,086,585 EMC Fores TS E 0% Denise B + 20%
1.1.1.12 Emergency Diesel Generator 974,400 EMC Fores TS E 0% Denise B + 20%
1.1.1.13 EPC Contract - TSF materials 30,888,887 Enppi / PTJ / TM DM P 0% to be estimated based on BE.
1.1.1.14 Platform Materials Contingency - 0%
1.1.2 Professional services 18,198,394
Surveys
1.1.2.1 Well site survey 305,100 Impresub KG P 0% Thekha y 2007 cost + 35%
1.1.2.2 Shalow soil survey 812,000 Impresub C 0% Actual cost
1.1.2.3 Dimentional control services 150,000 IEOC KG P 0% Eq to tuna + 20%
Services
1.1.2.4 Expediting services by third party 200,000 ND E 0% Estimated
As per Tuna EPC - 11% of Materials,
1.1.2.5 EPC Contract - Detailed Eng. Struct. Deck & TSF 6,418,263 Enppi / PTJ / TM KG P 0%
fabrication & hook up cost
As per Tuna EPC - 10% for all EPC Cost for

1.1.2.6 EPC Contract - PM & Procurement follow up 9,530,131 Enppi / PTJ / TM KG P 0%
PM + 9% of Materials cost for proc services
1.1.2.7 Vendor assistance for LLIs purchased by company 782,900 PTB ND P 0%

1.1.2.8 Professional services Contingency - 0%
1.1.3 Fabrication & Installation 70,045,549
Fabrication
1.1.3.1 Fabrication of Predrilling template 110,000 Enppi / PTJ / TM AP P 0% = Tuna PDT fabrication (PTJ VO)
1.1.3.2 Prefabrication of piles (Rolling) 630,000 PTJ C 0% Offer from vendor
1.1.3.3 Fabrication & load out of piles Enppi / PTJ / TM AP A 0% 3,978 tons 6,072 24,155,157
24,155,157 Seth Qty x Tuna EPC (PTJ) rates + 5%
1.1.3.4 Fabrication & load out of Jacket & Deck Enppi / PTJ / TM AP A 0%
D
Type of Rate
a
t
e unit
e
1.1.3.5 Transportation & Installation of Platform 39,539,500 Int. Contractor AP A 0% As per attached sheet
Accomodation barge for Hook Up & Start up (as per 40 days duration based on Tuna rates + 10%.
1.1.3.6 2,417,091 PMS AP A 0%
attached sheets) 3 days of rig included. As per attached sheet.
EPC Vendor assist for Precom & Comm (Onshore &
1.1.3.6 1,960,065 Enppi / PTJ / TM ND A 0% As per attached sheet
Offshore)
1.1.3.7 EPC Hook up scope 1,233,736 Enppi / PTJ / TM KG P 0% = Tuna EPC (PTJ & TM)
1.1.3.8 Fabrication & Installation Contingency - 0%
1.1 Total Platform 138,440,641
(581000+10*(5750+172
5*2)+10/30*8950)*
1.2 Sealine
1.2.1 Materials 4,310,040
Materials
1.2.1.1 Line pipes 16" 3,993,066 AP A 0% qty = 11.3 km +5% & rate = denise B 01+10% 13,545.0 mtr 295 3,993,066
1.2.1.2 Anodes 66,974 ND P 0% Denise B S/L rates
1.2.1.3 Matress for crossings 250,000 AP E 0% Estimated
1.2.1.4 Materials Contingency - 0%
Surveys
1.2.2.1 Sealine prelay survey & route clearing (if any) 1,000,000 Impresub ND E 0% Estimate
Services
Basic design, Detailed Eng & Proc Services of Sealine
1.2.2.2 636,000 Enppi C 0% Work autherization issued
& Spools

Fabrication
1.2.3.1 Sealine pipe coating & Load out 1,919,412 Petrojet ND P 0% Qty =13.5Km, Rate = Denise B + 10% 14,541 132 1,919,412
1.2.3.2 Sealine transportation & installation 25,858,140 PMS AP P 0% Mob cost of NB + Laying cost of Tuna
1.2.3.3 Crossing preparation & Matress installation 900,000 PMS AP A 0% Estimated. 15 days x 60K$ 15 days 60,000 900,000
1.2 Total Sealine 34,623,592
1.3 Spools, Plem & SSIV
1.3.1 Materials 12,968,965
Materials
1.3.1.1 SSIV 4,480,000 Tharwa Breda ND A 0% Estimated Pre inv
1.3.1.2 PLEM 7,700,000 Tharwa Breda ND A 0% Estimated Pre inv
1.3.1.3 LR & Hot bends fabrication 53,900 S A 0%
1.3.1.4 Line pipes 16" for spools 194,568 S A 0% 660.0 mtr 295 194,568
1.3.1.5 Line pipes 16" for hot bends 115,685 S A 0% Qty as per attached sheet, Rate as per Denise 336.0 mtr 344 115,685
1.3.1.6 Flanges, Stud bolts & Nuts 165,784 S A 0% B + 10%
1.3.1.7 Kamos Ring 203,603 S A 0%
1.3.1.8 HSS 35,424 S P 0% Estimated 1,295 Nos 27 35,424
1.3.1.9 Matress & Grouting bag 20,000 AP E 0% Estimated
D
Type of Rate
a
t
e unit
e
Services
As per Tuna EPC - 9% of Materials cost for
1.3.2.1 EPC Contract - PLEM & SSIV Procurement follow up 1,167,207 Enppi / PTJ / TM KG p 0%
proc services
Fabrication
Denise B 4Nos spools. Seth 14 Nos. To be
1.3.3.1 EPC Contract : Spool fabrication 1,568,000 Enppi / PTJ / TM S P 0%
verified
1.3.3.2 Plem, SSIV installation KG A 0%
PMS Estimated as per attached sheet assuming
1.3.3.3 Spools installation (partial), Leak test & purging 20,847,864 Year 2011 S A 0% installation vessel = mayo only 1 mob / demob.
(as per attached sheets) Durations as per attached detailed estimate
1.3.3.4 Hot tapping offshore vessel A 0%
1.3.3.5 Hot tapping tie-in execution (if required) 500,000 TDW ND E 0% Estimate
1.3.3.6 Umblical laying, trenching, balance Spools Installation PMS - Inter Contr KG P 0% Estimated as per attached sheet assuming
9,802,781 Year 2012 installation vessel = mayo only 1 mob / demob.
1.3.3.7 Final tie in (SSIV & Riser) - included above (As per attached sheet) S A 0% Durations as per attached detailed estimate

1.3 Total Spools, Plem & SSIV 46,854,817
1.4 Onshore facilities

1.4.1 Materials 10,518,200
Materials
1.4.1.1 New Slug catcher & Actuated valves 6,580,000 Petrojet - Scardello SM P 0% Estimated
1.4.1.2 Manual valves 235,200 SM P 0% Estimated
1.4.1.3 ESD / DCS Upgrading 518,000 ABB SM P 0% Estimated
1.4.1.4 Fire Fighting, Fire & Gas detection system 154,000 SM E 0% Estimated
1.4.1.5 Mechanical Bulk 2,520,000 SM E 0% Estimated
1.4.1.6 E&I materials 511,000 SM E 0% Estimated
Services
1.4.2.1 Detailed Eng, Proc Services & Site assist. 1,500,030 Enppi SM E 0% Estimated
Onshore Installation
1.4.3.1 Installation & Precomm. of onshore facilities 2,500,050 Petrojet SM E 0% Estimated
1.4.3.2 Commissioning 300,000 Vendors SM E 0% Estimated
1.4 Total Onshore facilities 14,818,280
D
Type of Rate
a
t
e unit
e
1.5.1 Common Services 23,100,000
Services
1.5.1.1 Concept selection IEOC / BP KG C 0%
6,600,000 IEOC estimate
1.5.1.2 Basic Design & Feed IEOC KG C 0%
Insurance, Proj Management & Supervision
1.5.1.3 Insurance 6,500,000 Misr Insu KG A 0% Equel to tuna
1.5.1.4 Supervision 4,500,000 Rina/ GL/etc KG A 0% Tuna +
1.5.1.5 Project Management 5,500,000 PTB KG A 0% Denise B+
1.5.1.6 Common Services Contingency - 0%
1.5 Total Common services 23,100,000
1.1+2+3+ Total 257,837,330

- 0.00%
1.6 General Contingency (8,279,670)
1 1.1 Grand Total (Facilities) 249,557,660
1.7 Drilling
1.7.1 Wells Pre-drilling campaign 20,475,000
1.7.1.1 Transp & inst of Predrilling temp - Drilling scope 1,875,000 As per action plan & Latest plan
1.7.1.2 Seth West Shallow 8,900,000 IEOC Estimate
1.7.1.3 Seth West Deep 9,700,000 IEOC Estimate
1.7.2 Wells Tie back & Completion campaign 30,700,000 IEOC Estimate
1.7.2.1 Seth West Shallow 15,000,000 IEOC Estimate
1.7.2.2 Seth West Deep 15,700,000 IEOC Estimate
1.7 Total Drilling 51,175,000
0 Grand Total (Facilities + Drilling) 300,732,660
Activity cost estimate Item Contingency
123,226,284 - 0% A
102,810,843 - 0% P
17,819,067 -
0% E
13,981,136 - 0% C
257,837,330 -
Total 257,837,330 1
Cost Comparision (Option 1 Vs 2)
D
a
CBS Ref No Description Option 1 Option 2 Var
t
e

1.1.1 Platform Materials 50,196,698 50,196,698 -
Structural Materials - - -
1.1.1.1 Primary steel for jacket 3,665,762 3,665,762 -
1.1.1.2 Primary steel for deck

1.1.1.3 Secondary steel for deck 5,390,687 5,390,687 -
1.1.1.4 Secondary steel for Jacket
1.1.1.5 Plates for piles 1,584,535 1,584,535 -
1.1.1.6 Predrilling template materials 52,839 52,839 -
1.1.1.7 Docking piles 250,000 250,000 -
TSF Materials - -
1.1.1.8 Production Manifold 2,193,100 2,193,100 -
1.1.1.9 Manual & Actuated valves 1,512,000 1,512,000 -
1.1.1.10 E& I module 1,597,902 1,597,902 -
1.1.1.11 Microturbine including Fuel Gas skid 2,086,585 2,086,585 -
1.1.1.12 Emergency Diesel Generator 974,400 974,400 -
1.1.1.13 EPC Contract - TSF materials 30,888,887 30,888,887 -
1.1.1.14 Platform Materials Contingency - - -
1.1.2 Professional services 18,119,814 18,198,394 (78,580)
Surveys - - -
1.1.2.1 Well site survey 305,100 305,100 -
1.1.2.2 Shalow soil survey 812,000 812,000 -
1.1.2.3 Dimentional control services 150,000 150,000 -
Services - - -
1.1.2.4 Expediting services by third party 200,000 200,000 -
1.1.2.5 EPC Contract - Detailed Eng. Struct. Deck & TSF 6,418,263 6,418,263 -
1.1.2.6 EPC Contract - PM & Procurement follow up 9,451,551 9,530,131 (78,580)
1.1.2.7 Vendor assistance for LLIs purchased by company 782,900 782,900 -

1.1.2.8 Professional services Contingency - - -
1.1.3 Fabrication & Installation 70,045,549 70,045,549 -
Fabrication - - -
1.1.3.1 Fabrication of Predrilling template 110,000 110,000 -
1.1.3.2 Prefabrication of piles (Rolling) 630,000 630,000 -
1.1.3.3 Fabrication & load out of piles

24,155,157 24,155,157 -
1.1.3.4 Fabrication & load out of Jacket & Deck
Offshore Installation - - -
1.1.3.5 Transportation & Installation of Platform 39,539,500 39,539,500 -
1.1.3.6 Accomodation barge for Hook Up & Start up (as per attached sheets) 2,417,091 2,417,091 -
1.1.3.6 EPC Vendor assist for Precom & Comm (Onshore & Offshore) 1,960,065 1,960,065 -
1.1.3.7 EPC Hook up scope 1,233,736 1,233,736 -

1.1.3.8 Fabrication & Installation Contingency - - -
1.1 Total Platform 138,362,061 138,440,641 (78,580)
(581000+10*(5750+172 (581000+10*(5750+1725*
5*2)+10/30*8950)* 2)+10/30*8950)*
1.2 Sealine 0 0 0
1.2.1 Materials 3,461,489 4,310,040 (848,550)
Materials - - -
1.2.1.1 Line pipes 16" 3,404,940 3,993,066 (588,126)
1.2.1.2 Anodes 56,549 66,974 (10,424)
1.2.1.3 Matress for crossings - 250,000 (250,000)
1.2.1.4 Materials Contingency - - -
1.2.2 Professional services 1,636,000 1,636,000 -
Surveys - - -
1.2.2.1 Sealine prelay survey & route clearing (if any) 1,000,000 1,000,000 -
Services - - -
1.2.2.2 Basic design, Detailed Eng & Proc Services of Sealine & Spools 636,000 636,000 -
- - -
D
a
t
e
1.2.3 Fabrication & Installation 25,929,860 28,677,552 (2,747,692)
Fabrication - - -
1.2.3.1 Sealine pipe coating & Load out 1,611,720 1,919,412 (307,692)
1.2.3.2 Sealine transportation & installation 24,318,140 25,858,140 (1,540,000)
1.2.3.3 Crossing preparation & Matress installation - 900,000 (900,000)

1.2 Total Sealine 31,027,349 34,623,592 (3,596,242)
- - -
1.3 Spools, Plem & SSIV 0 0 0
1.3.1 Materials 9,215,625 12,968,965 (3,753,339)
Materials - - -
1.3.1.1 SSIV 4,480,000 4,480,000 -
1.3.1.2 PLEM 4,200,000 7,700,000 (3,500,000)
1.3.1.3 LR & Hot bends fabrication 36,025 53,900 (17,875)
1.3.1.4 Line pipes 16" for spools 130,891 194,568 (63,677)
1.3.1.5 Line pipes 16" for hot bends 74,369 115,685 (41,316)
1.3.1.6 Flanges, Stud bolts & Nuts 131,741 165,784 (34,043)
1.3.1.7 Kamos Ring 113,256 203,603 (90,347)
1.3.1.8 HSS 29,344 35,424 (6,081)
1.3.1.9 Matress & Grouting bag 20,000 20,000 -
1.3.2 Professional services 829,406 1,167,207 (337,801)
Services - - -
1.3.2.1 EPC Contract - PLEM & SSIV Procurement follow up 829,406 1,167,207 (337,801)
1.3.3 Fabrication & Installation 25,091,220 32,718,646 (7,627,425)
Fabrication - - -
1.3.3.1 EPC Contract : Spool fabrication 1,120,000 1,568,000 (448,000)
1.3.3.2 Plem, SSIV installation
1.3.3.3 Spools installation (partial), Leak test & purging 14,248,089 20,847,864 (6,599,776)
1.3.3.4 Hot tapping offshore vessel

1.3.3.5 Hot tapping tie-in execution (if required) - 500,000 (500,000)
1.3.3.6 Umblical laying, trenching, balance Spools Installation

9,723,132 9,802,781 (79,649)
1.3.3.7 Final tie in (SSIV & Riser) - included above

1.3 Total Spools, Plem & SSIV 35,136,252 46,854,817 (11,718,565)
- - -
1.4 Onshore facilities 0 0 0

1.4.1 Materials 10,518,200 10,518,200 -
Materials - - -
1.4.1.1 New Slug catcher & Actuated valves 6,580,000 6,580,000 -
1.4.1.2 Manual valves 235,200 235,200 -
1.4.1.3 ESD / DCS Upgrading 518,000 518,000 -
1.4.1.4 Fire Fighting, Fire & Gas detection system 154,000 154,000 -
1.4.1.5 Mechanical Bulk 2,520,000 2,520,000 -
1.4.1.6 E&I materials 511,000 511,000 -
1.4.2 Professional services 1,500,030 1,500,030 -
Services - - -
1.4.2.1 Detailed Eng, Proc Services & Site assist. 1,500,030 1,500,030 -
1.4.3 Fabrication & Installation 2,800,050 2,800,050 -
Onshore Installation - - -
1.4.3.1 Installation & Precomm. of onshore facilities 2,500,050 2,500,050 -
1.4.3.2 Commissioning 300,000 300,000 -
1.4 Total Onshore facilities 14,818,280 14,818,280 -
- - -
D
a
t
e
1.5 Common Costs (Proj Mang, Insur, Basic Eng, Supervision 0 0 0
1.5.1 Common Services 23,100,000 23,100,000 -
Services - - -
1.5.1.1 Concept selection
6,600,000 6,600,000 -
1.5.1.2 Basic Design & Feed
Insurance, Proj Management & Supervision - - -
1.5.1.3 Insurance 6,500,000 6,500,000 -
1.5.1.4 Supervision 4,500,000 4,500,000 -
1.5.1.5 Project Management 5,500,000 5,500,000 -
1.5.1.6 Common Services Contingency - - -
1.5 Total Common services 23,100,000 23,100,000 -
- - -
1.1+2+3+ Total 242,443,942 257,837,330 (15,393,387)

- - -
- - -
1.6 General Contingency 6,499,821 (8,279,670) 14,779,490

- - -
1 1.1 Grand Total (Facilities) 248,943,763 249,557,660 (613,897)

0.000 0.000 0.000
1.7 Drilling 0 0 0
1.7.1 Wells Pre-drilling campaign 20,475,000 20,475,000 -
1.7.1.1 Transp & inst of Predrilling temp - Drilling scope 1,875,000 1,875,000 -
1.7.1.2 Seth West Shallow 8,900,000 8,900,000 -
1.7.1.3 Seth West Deep 9,700,000 9,700,000 -
1.7.2 Wells Tie back & Completion campaign 30,700,000 30,700,000 -
1.7.2.1 Seth West Shallow 15,000,000 15,000,000 -
1.7.2.2 Seth West Deep 15,700,000 15,700,000 -
1.7 Total Drilling 51,175,000 51,175,000 -
0 0 0
0 Grand Total (Facilities + Drilling) 300,118,763 300,732,660 (613,897)

SETH PROJECT
ESTIMATED SUBSEA INSTALLATION FACILTIES
DURATION
OPTION-1
INDEX ITEM Qty UNIT/DAY DAYS NOTE
SUB TOTAL DAYS 21.39

Installation of NON
1.1.1 4 1.5 6
metrology Spools
1.1.2.A Taking the Metrology 3 0.5 1.5
Installation of metrology
1.1 SPOOLS 1.1.2.B 3 2 6
Spools
Removing the launching &
1.1.3 2 1 2
reciving traps
1.1.4 Tech Contingency 20% 3.10
1.1.5 WOW 15% 2.79
SUB TOTAL DAYS 1.56
1.2.1 PLEM lifting 1 1 1

1.2 PLEM
1.2.3 WOW 30% 0.36
SUB TOTAL DAYS 2.21

1.3.1 SSIV lifting 1 1 1
1.3 SSIV Installation of the Blind

1.3.2 Flange
1 0.5 0.5
1.3.4 WOW 30% 0.51
SUB TOTAL DAYS 3.60
Removal the blind flange ,

Adjust valve configuration
1.6 De-watering & 1.6.1 , De-watering & Purging
3 Need special
Purging Nitrogen Nitrogen equipments
1.6.3 WOW 10%
SUB TOTAL DAYS 6.90

1.7.1 Umbilical laying 1 1
1.7 UMBILICAL 1.7.2 Umbilical testing 1 2 Need special
(300m) equipments
1.7.3 Umbilical protection 1 2
1.7.4 Tech Contingency 20% 1
1.7.5 WOW 15% 0.9
SUB TOTAL DAYS 9.43
1.8.1 Installation of 3 spools 3 2 6

1.8 Final Tie-in
(SSIV & Riser) Removal of the Blind
installation of 3 1.8.2 Flange & the riser Blind 2 0.5 1
Flange
spools
1.8.4 WOW 15% 1.23
TOTAL DAYS 45.09
NOTE:-
In option -1 there are activities had been removed
1- The length of the pipe line have been reduced.

2- number of spools have been reduced to 10 metrology & non metrology spools instead of 14
3- There is no IN LINE TEE.
4- There is no hot tapping activity
5- No crossing activities
SETH PROJECT
Option 2
ESTIMATED SUBSEA INSTALLATION FACILTIES
DURATION
INDEX ITEM Qty UNIT/DAY DAYS NOTE

SUB TOTAL DAYS 31.05
Installation of NON
1.1.1 7 1.5 10.5
metrology Spools
1.1.2.A Taking the Metrology 4 0.5 2
Installation of metrology
1.1 SPOOLS 1.1.2.B 4 2 8
Spools
Removing the launching &

1.1.3 2 1 2
reciving traps
1.1.5 WOW 15% 4.05
SUB TOTAL DAYS 1.56
1.2.1 PLEM lifting 1 1 1
1.2 PLEM
1.2.3 WOW 30% 0.36
SUB TOTAL DAYS 2.21
1.3.1 SSIV lifting 1 1 1
Installation of the Blind
1.3 SSIV 1.3.2 Flange
1 0.5 0.5

1.3.4 WOW 30% 0.51
SUB TOTAL DAYS 6.90
1.4.1 Preparations 1 1 1
Installation of the taping
1.4.2 1 1 1
valve Need special
1.4 HOT-TAPPING 1.4.3 Hot-taping operation 1 1 1
1.4.4 Installation of Flow Thro 1 2 2 equipments
1.4.6 WOW 15% 0.9
SUB TOTAL DAYS 1.38

1.5 INLINE TEE 1.5.1
Installation of inline tee
1 1 1
COVER 1.5.2
cover
Tech Contingency 20% 0.2
INSTALLATION
1.5.3 WOW 15% 0.18
SUB TOTAL DAYS 5.28
Removal the blind flange ,
Adjust valve configuration
1.6 De-watering & 1.6.1 , De-watering & Purging
4 Need special
Purging Nitrogen Nitrogen equipments

1.6.3 WOW 10% 0.48
SUB TOTAL DAYS 6.90
1.7.1 Umbilical laying 1 1
1.7 UMBILICAL 1.7.2 Umbilical testing 1 2 Need special
(300m) 1.7.3 Umbilical protection 1 2 equipments
1.7.5 WOW 15% 0.9
SUB TOTAL DAYS 9.66

1.8 Final Tie-in 1.8.1 Installation of 3 spools 3 2 6
(SSIV & Riser) Removal of SSIV & riser
installation of 3 1.8.2 Blind Flanges
2 0.6 1.2
spools 1.8.2 Tech Contingency 20% 1.2
1.8.3 WOW 15% 1.26
TOTAL DAYS 64.94

Offshore Campaign Seth Option 1 $/EUR 1.4
Sealine laying (Year 2011) - Estimation

Euro USD Final Cost including PMS Mark up 10%
Mob / Demob (Marine spread) 4,811,000 6,735,400 7,408,940 Northbardawil 7408.94 3704.47
Laying 10,380,000 14,532,000 15,985,200 Tuna Laying cost (excluding mob / demob cost) 15985.2
Fuel & water 400,000 560,000 616,000 Actual cost of Tuna S/L 616
Filling materials (additional) 200,000 280,000 308,000 Actual cost of Tuna S/L 308
24,318,140 24318.14

Scope: route preparation, sealine laying, flooding, gauging, cleaning, hydrotest
Duration WOW Rate Sub-Total Mob/demob Fix Sum TOTAL incl Markup
Laying Barge (lay mode) 1 7 0.7 728,000 5,605,600 6,735,400 - 12,341,000 13,575,100 Rate & mob cost as per North Bardawil
Laying Barge (sat mode) 1 3 0.3 630,000 2,079,000 - 2,079,000 2,286,900 Rate as per North Bardawil
Survey Spread 1 25 2.5 - - - - -
Anchor Handling - - - - -
Cargo Barge 2 25 2.5 15,000 412,500 300,000 - 712,500 783,750
Precomm. Spread 1 25 2.5 22,400 616,000 1,008,000 - 1,624,000 1,786,400
Materials (pull head, install aids) 700,000 700,000 770,000

Consumables (weld mat, FJ, NDT) 1,000,000 1,000,000 1,100,000
Services (FJ, NDT, comm, shore base) 1,000,000 1,000,000 1,100,000 Shore Base & creanage only, other serv. Included in the rates
Fuel & water 500,000 500,000 550,000
Preparations - - Not route cleaning expected based on route survey
Project Mgmt & Engineer - - - 1,995,650 1,995,650 2,195,215
21,952,150 24,147,365
Spools, PLEM, SSIV, T cover, Dewatering & Purging (Year 2011)

Duration WOW Rate Sub-Total Mob/demob Fix Sum TOTAL
Installation vessel 24.20 4.56 250,000 7,190,000 2,500,000 - 9,690,000 10,659,000 Duration as petr attached sheet & Rate = 220KEuro per day
Supply vessels 24.2 4.56 11,200 322,112 112,000 - 434,112 477,523 Duration as petr attached sheet & Rate = 8KEuro per day
Anchor Handling 0 - - - - -
Cargo Barge 24.2 4.56 16,800 483,168 168,000 - 651,168 716,285 Duration as petr attached sheet & Rate = 10KEuro per day
Materials 500,000 500,000 550,000
Consumables & Services(precomm spread) 500,000 500,000 550,000
Fuel & water - - included in barge rate
Preparations - -
Project Mgmt & Engineer - - - 1,177,528 1,177,528 1,295,281 10% of total costs
12,952,808 14,248,089
Umblical Laying & Final Tieins (year 2012)

Installation vessel 1 14.20 2.13 275,000 4,490,750 2,750,000 - 7,240,750 7,964,825 Duration as petr attached sheet & Rate = 220KEuro per day
Supply vessels 1 14.2 2.13 11,200 182,896 112,000 - 294,896 324,386 Duration as petr attached sheet & Rate = 8KEuro per day
Materials - -
Consumables & Services (equipment) 500000 500,000 550,000
Preparations - -
Project Mgmt & Engineer - - - 803,565 803,565 883,921 10% of total costs
8,839,211 9,723,132
Marine spreads for Hook up activities (Year 2012)

rate (incl 10% esc) Days Cost
Supply vessel $ 6,050 40 $ 242,000
Maridive 300 $ 31,350 40 $ 1,254,000
Accomodation $ 3,025 40 $ 121,000
Fuel $ 1,650 40 $ 66,000
Life rafts $ 55 40 $ 2,200
ROV Mob $ 4,620 1 $ 4,620
ROV $ 3,674 5 $ 18,370
Mark up (10%) $ 170,819
Ital fluid (spolls connections for 2 wells) $ 10,082 $ 10,082
Rig for hook up $ 176,000 3 $ 528,000
$ 2,417,091
Seth Platform Installation (Year 2012) € 28,242,500.00

PROJECT MANAGEMENT 4% from 25,675,000 € 1,027,000.00
PROJECT ENGINEERING 6% from 25,675,000 € 1,540,500.00
€ 2,567,500.00
PROCUREMENT SERVICES AND MATERIALS SUPPLY € 4,000,000.00
FABRICATION € 1,500,000.00
MOB/DEMOB € 6,900,000.00
INSTALLATION € 12,775,000.00
Offshore Transportation € 2,275,000.00
Offshore installation € 8,400,000.00
WoW 25% € 2,100,000.00
SURVEY BY ROV € 500,000.00
€ 25,675,000.00
Assumption
Unit Rate/day Tot Days TOT EURO
Lifting Vessel € 280,000.00
Mob Demob 20 € 5,600,000.00
Jacket,Piles Installation, boat landing 7 burge bumer 15 € 4,200,000.00
Deck & Flare Installation 10 € 2,800,000.00
Mechanical Hook Up 5 € 1,400,000.00
WoW 25% 7.5 € 2,100,000.00
CB1 (400feet) Including Tug & Consumable € 25,000.00
Mob Demob 20 € 500,000.00
Offshore Activities for Jacket Installation 35 € 875,000.00
Mob Demob 20 € 400,000.00
Offshore Activities for Piles and Boat Landing Installation 35 € 700,000.00
Mob Demob 20 € 400,000.00
Offshore Activities for Deck 35 € 700,000.00
Note
Marine Spread Units Rate icnlude fuel and water
Offshore Campaign Seth Option 2 $/EUR 1.4

Euro USD Final Cost including PMS Mark up 10%
Mob / Demob (Marine spread) 4,811,000 6,735,400 7,408,940 Northbardawil

Laying 11,380,000 15,932,000 17,525,200 Tuna Laying cost (excluding mob / demob cost)
Fuel & water 400,000 560,000 616,000 Actual cost of Tuna S/L
Filling materials (additional) 200,000 280,000 308,000 Actual cost of Tuna S/L
25,858,140

Scope: route preparation, sealine laying, flooding, gauging, cleaning, hydrotest
Duration WOW Rate Sub-Total Mob/demob Fix Sum TOTAL incl Markup
Laying Barge (lay mode) 1 7 0.7 728,000 5,605,600 6,735,400 - 12,341,000 13,575,100 Rate & mob cost as per North Bardawil
Laying Barge (sat mode) 1 3 0.3 630,000 2,079,000 - 2,079,000 2,286,900 Rate as per North Bardawil
Survey Spread 1 25 2.5 - - - - -
Anchor Handling - - - - -
Cargo Barge 2 25 2.5 15,000 412,500 300,000 - 712,500 783,750
Precomm. Spread 1 25 2.5 22,400 616,000 1,008,000 - 1,624,000 1,786,400
Materials (pull head, install aids) 700,000 700,000 770,000

Consumables (weld mat, FJ, NDT) 1,000,000 1,000,000 1,100,000
Services (FJ, NDT, comm, shore base) 1,000,000 1,000,000 1,100,000 Shore Base & creanage only, other serv. Included in the rates
Fuel & water 500,000 500,000 550,000
Preparations - - Not route cleaning expected based on route survey
Project Mgmt & Engineer - - - 1,995,650 1,995,650 2,195,215

21,952,150 24,147,365
Spools, PLEM, SSIV, T cover, Dewatering & Purging (Year 2011)

Installation vessel 41.90 6.48 250,000 12,095,000 2,500,000 - 14,595,000 16,054,500 Duration as petr attached sheet & Rate = 220KEuro per day
Supply vessels 41.9 6.48 11,200 541,856 112,000 - 653,856 719,242 Duration as petr attached sheet & Rate = 8KEuro per day
Anchor Handling 0 - - - - -
Cargo Barge 41.9 6.48 16,800 812,784 168,000 - 980,784 1,078,862 Duration as petr attached sheet & Rate = 10KEuro per day
Materials 500,000 500,000 550,000
Consumables & Services(precomm spread) 500,000 500,000 550,000
Preparations - -
Project Mgmt & Engineer - - - 1,722,964 1,722,964 1,895,260 10% of total costs
18,952,604 20,847,864
Umblical Laying & Final Tieins (year 2012)

Installation vessel 1 14.40 2.16 275,000 4,554,000 2,750,000 - 7,304,000 8,034,400 Duration as petr attached sheet & Rate = 220KEuro per day
Supply vessels 1 14.4 2.16 11,200 185,472 112,000 - 297,472 327,219 Duration as petr attached sheet & Rate = 8KEuro per day
Materials - -
Consumables & Services (equipment) 500000 500,000 550,000
Preparations - -
Project Mgmt & Engineer - - - 810,147 810,147 891,162 10% of total costs
8,911,619 9,802,781
Marine spreads for Hook up activities (Year 2012)

rate (incl 10% esc) Days Cost
Supply vessel $ 6,050 40 $ 242,000
Maridive 300 $ 31,350 40 $ 1,254,000
Accomodation $ 3,025 40 $ 121,000
Fuel $ 1,650 40 $ 66,000
Life rafts $ 55 40 $ 2,200
ROV Mob $ 4,620 1 $ 4,620
ROV $ 3,674 5 $ 18,370
Mark up (10%) $ 170,819
Ital fluid (spolls connections for 2 wells) $ 10,082 $ 10,082
Rig for hook up $ 176,000 3 $ 528,000
$ 2,417,091
Seth Platform Installation (Year 2012) € 28,242,500.00

PROJECT MANAGEMENT € 1,027,000.00
PROJECT ENGINEERING € 1,540,500.00
€ 2,567,500.00
PROCUREMENT SERVICES AND MATERIALS SUPPLY € 4,000,000.00
FABRICATION € 1,500,000.00
MOB/DEMOB € 6,900,000.00
INSTALLATION € 12,775,000.00
Offshore Transportation € 2,275,000.00
Offshore installation € 8,400,000.00
WoW 25% € 2,100,000.00
SURVEY BY ROV € 500,000.00
€ 25,675,000.00
Assumption
Unit Rate/day Tot Days TOT EURO
Lifting Vessel € 280,000.00
Mob Demob 20 € 5,600,000.00
Jacket,Piles Installation, boat landing 7 burge bumer 15 € 4,200,000.00
Deck & Flare Installation 10 € 2,800,000.00
Mechanical Hook Up 5 € 1,400,000.00
WoW 25% 7.5 € 2,100,000.00
Mob Demob 20 € 500,000.00
Offshore Activities for Jacket Installation 35 € 875,000.00
Mob Demob 20 € 400,000.00
Offshore Activities for Piles and Boat Landing Installation 35 € 700,000.00
Mob Demob 20 € 400,000.00
Offshore Activities for Deck 35 € 700,000.00
Note
Marine Spread Units Rate icnlude fuel and water
SETH PROJECT
ESTIMATED MATERILAL TAKING OFF FOR 16'' SPOOLS

OPTION-1
16'' spools between Riser & SSIV
SIZE /OD TOTAL

ITEM DESCRIPTION MATERIAL THK (mm) COATING QTY SPARE REMARKS
(inch) QTY
ANSI B16.5 1500# RTJ
ASTM A694 F65 flange
WELD NECK WN with 371.4mm bore
16 face inconel 625 over 17.5mm 3 1 4 Including the riser flange
FLANGE flange face area to be
lay
over laid with INCONEL
ANSI B16.5 1500# RTJ The swivel flange which

SWIVEL SW with 371.4mm bore connected with the SSIV
16 face inconel 625 over 17.5mm 3 1 4
FLANGE flange face area to be flange will be supplied by the
lay
over laid with INCONEL vendor (BREDA)

WELD NECK For the lay down & start
16 WN with 371.4mm bore ASTM A694 F65 17.5mm 2 2 4
FLANGE heads
flange
To be installed on the SSIV
bore flange face area to
Blind Flange 16 ASTM 105 17.5mm 2 2 (Riser side) & for the riser
be over laid with
flange
INCONEL
The set of bolts of swivel

flange which connected with
the SSIV flange will be
Bolts as per ASTM supplied by the vendor
Stud Bolts with 2 heavy A320l7 Nuts as per (BREDA). Including 1 set for
STUD BOLTS &
2 1/2" X 33" hexagonal nuts suitable ASTM A194 Gr4, 128 20 148 the riser Blind flange also 1
NUTS
for hydratight Electrozinc plated with set for the Blind flange which
tommy bar will be installled on the SSIV
after finalize the 1st phase
installation plus 2 sets for the
lay & start heads
1 Kamos ring will be supplied

by the vendor (BREDA) for
KAMOS RING 16 R-67 Incoloy 825 oval 4 2 6 the connection of swivel
the SSIV
3 layer Polyethylene
Carbon steel , DNV & 40mm concrete
PIPES 16 17.5mm 5 3 8 Total pipes in meter =96m
SMLS 450 coating (2880 kg/m3
density
Carbon Steel DNV 2mm Polyethylene

BEND (90) 16 2032mm (5D) 17.5mm 2 1 3
SMLS 450 tar
BEND (65) 16 2032mm (5D) 17.5mm 1 1 2
SMLS 450 tar
BEND (45) 16 2032mm (5D) 17.5mm 0 0 0
SMLS 450 tar
Carbon Steel DNV 2mm Polyethylene For the swan neck at SSIV
BEND (20) 16 2032mm (5D) 17.5mm 4 1 5
SMLS 450 tar side & the plat form
16" SPOOLS BETWEEN THE SSIV & SEALINE

SIZE /OD TOTAL
(inch) QTY
16 face inconel 625 over 17.5mm 2 1 3 Including the sea line flange
lay

lay
Bolts as per ASTM The set of bolts of swivel

Stud Bolts with 2 heavy A320l7 Nuts as per flange which connected with
STUD BOLTS &
2 1/2" X 33" hexagonal nuts suitable ASTM A194 Gr4, 32 10 42 the SSIV flange will be
NUTS
for hydratight Electrozinc plated with supplied by the vendor
tommy bar (BREDA).
the SSIV
density

BEND (90) 16 2032mm (5D) 17.5mm 2 1 3
SMLS 450 tar
BEND (65) 16 2032mm (5D) 17.5mm 0 0 0
SMLS 450 tar
BEND (45) 16 2032mm (5D) 17.5mm 0 0 0
SMLS 450 tar
BEND (20) 16 2032mm (5D) 17.5mm 2 1 3
SMLS 450 tar side
16'' SPOOLS BETWEEN THE SEALINE & SETH PLEM
SIZE /OD TOTAL
(inch) QTY
16 face inconel 625 over 17.5mm 2 1 3 Including the sea line flange
lay

SWIVEL SW with 371.4mm bore connected with the PLEM
lay

STUD BOLTS &
2 1/2" X 33" hexagonal nuts suitable ASTM A194 Gr4, 32 10 42 the PLEM flange will be
NUTS
tommy bar (BREDA).
the PLEM
density

BEND (90) 16 2032mm (5D) 17.5mm 2 1 3
SMLS 450 tar

BEND (65) 16 2032mm (5D) 17.5mm 0 0
SMLS 450 tar

BEND (45) 16 2032mm (5D) 17.5mm 0 0
SMLS 450 tar
Carbon Steel DNV 2mm Polyethylene For the swan neck at SETH
BEND (20) 16 2032mm (5D) 17.5mm 2 1 3
SMLS 450 tar PLEM
16" SPOOLS BETWEEN SETH PLEM & TUNA PLEM

SIZE /OD TOTAL
(inch) QTY
lay
1 swivel flange will be

supplied by the vendor
ASTM A694 F65 flange (BREDA) for the connection
SWIVEL SW with 371.4mm bore
16 face inconel 625 over 17.5mm 2 1 3 with the SETH PLEM & the
lay swivel flange which will be
connected to TUNA PLEM
was supplied by (BREDA)
Bolts as per ASTM 1 set of bolts will be supplied

Stud Bolts with 2 heavy A320l7 Nuts as per by BREDA for the connection
STUD BOLTS &
2 1/2" X 33" hexagonal nuts suitable ASTM A194 Gr4, 48 10 58 with SETH PLEM & 1 set is
NUTS
for hydratight Electrozinc plated with already supplied for TUNA
tommy bar PLEM

KAMOS RING 16 R-67 Incoloy 825 oval 2 1 3 the connection with SETH
PLEM & 1 Kamos is already
supplied for TUNA PLEM
density

BEND (90) 16 2032mm (5D) 17.5mm 2 0 2
SMLS 450 tar
BEND(65) 16 2032mm (5D) 17.5mm 0 0
SMLS 450 tar
BEND (45) 16 2032mm (5D) 17.5mm 0 0
SMLS 450 tar
For the swan neck at TUNA
BEND (20) 16 2032mm (5D) 17.5mm 8 1 9 PLEM , the in line tee & the
SMLS 450 tar
existing 16" Denise spools
MOTHER PIPES FOR HOT BENDS
Denise B -03
OD MATERIAL NUMBER OF Unit Price

WALL THK (mm) QTY (m) REMARKS Total Cost
(inch/mm) GRADE PIPIES $
Carbon
Added 3 pipes as
16"/406.4 Steel SMLS 20.6 18 216 224 48,291
spare
450
TOTAL NUMBER OF MATERIAL NEEDED
Denise B-03 + 10% 1.1
ITEM TOTAL QTY REMARKS Unit Price Eur Total Cost

Including the
WELD NECK FLANGE 17 lay & start 1584 29,621
heads+spare
SWIVEL FLANGE 13 1936 27,685
Blind Flangebore
flange face area to be for the SSIV &
2 1500 3,300
over laid with the riser
INCONEL
Include the set

STUD BOLTS & NUTS 290 of riser flange 105 33,495
Blind flange
KAMOS RING 15 5850 96,525
KAMOS PATENTED
30 104 3,432
BLIND PLUGS CAPS
KAMOS PATENTED
30 403 13,299
TEST PLUG
Total pipes in
PIPES 37 444 To be verified wether included with PO of Line Pipes
meter =444m
BEND (90) 11 821.428571428572 9,939
Fabrication
BEND (65) 2 750 1,650
cost
BEND (45) 0 714.285714285714 -
BEND (20) 20 642.857142857143 14,143
TOTAL COAST 233,089
ALREADY INCLUDED IN OFF CAMPAIGN - MATERIAL FOR TESTING THE SPOOLS
Denise B-03
Unit
TOTAL
ITEM SIZE DESCRIPTION MATERIAL QTY SPARE REMARKS Price Total Cost
QTY
Eur
RING JOINT 16" Oval ring #1500 soft iorn 22 0 22 130 2860
Bolts as per ASTM

Stud bolts & 2 Stud bolts with 2 A193 Nuts as per 8 Sets + 2 Sets
2 1/2" X 18.5" 128 32 160 160 25600
nuts hexagonal nuts ASTM A194 2H, spare
Electrozinc plated
Blind Flanges 16" ANSI B16.5 ASTM 105 4 0 4 1000 4000
TOTAL COST 32460
OVERALL TOTAL
32460.0
COST ERU
SETH PROJECT
ESTIMATED MATERILAL TAKING OFF FOR 16'' SPOOLS
OPTION 2
16'' spools between Riser & SSIV
SIZE /OD TOTAL

(inch) QTY
16 face inconel 625 over 17.5mm 3 1 4 Including the riser flange
lay

lay

WELD NECK For the lay down & start
16 WN with 371.4mm bore ASTM A694 F65 17.5mm 2 2 4
FLANGE heads
flange
Blind Flange 16 ANSI B16.5 1500# RTJ ASTM 105 17.5mm 1 1 For the riser flange

bore flange face area to To be installed on the SSIV
Blind Flange 16 ASTM 105 17.5mm 1 1
be over laid with (Riser side)
INCONEL
The set of bolts of swivel

the SSIV flange will be
Bolts as per ASTM
Stud Bolts with 2 heavy A320l7 Nuts as per
STUD BOLTS & (BREDA). Including 1 set for
2 1/2" X 33" hexagonal nuts suitable ASTM A194 Gr4, 128 20 148
NUTS the riser Blind flange also 1
for hydratight Electrozinc plated with
set for the Blind flange which
tommy bar
will be installled on the SSIV
after finalize the 1st phase
installation

KAMOS RING 16 4 1 5 the connection of swivel
the SSIV flange
density

BEND (90) 16 2032mm (5D) 17.5mm 1 1 2
SMLS 450 tar
BEND (60) 16 2032mm (5D) 17.5mm 1 1 2
SMLS 450 tar
BEND (45) 16 2032mm (5D) 17.5mm 2 1 3
SMLS 450 tar
BEND (20) 16 2032mm (5D) 17.5mm 2 1 3
SMLS 450 tar side
16" SPOOLS BETWEEN THE SSIV & PIPELINE
SIZE /OD TOTAL
(inch) QTY
lay

lay

STUD BOLTS &
2 1/2" X 33" hexagonal nuts suitable ASTM A194 Gr4, 32 10 42 the SSIV flange will be
NUTS
tommy bar (BREDA).
the SSIV
density

BEND (90) 16 2032mm (5D) 17.5mm 3 1 4
SMLS 450 tar
BEND (60) 16 2032mm (5D) 17.5mm 0 0 0
SMLS 450 tar
BEND (45) 16 2032mm (5D) 17.5mm 0 0 0
SMLS 450 tar
BEND (20) 16 2032mm (5D) 17.5mm 2 1 3
SMLS 450 tar side
16'' SPOOLS BETWEEN THE SEALINE & SETH PLEM
SIZE /OD TOTAL
(inch) QTY
lay

lay

STUD BOLTS &
NUTS
tommy bar (BREDA).
the PLEM
density

BEND (90) 16 2032mm (5D) 17.5mm 2 1 3
SMLS 450 tar
BEND (60) 16 2032mm (5D) 17.5mm 0 0
SMLS 450 tar
BEND (45) 16 2032mm (5D) 17.5mm 0 0
SMLS 450 tar
BEND (20) 16 2032mm (5D) 17.5mm 2 1 3
SMLS 450 tar PLEM
16" SPOOLS BETWEEN SETH PLEM & TEMSAH GAS PLEM SPOOL (HOT TAPPING CLAMP)
SIZE /OD TOTAL
(inch) QTY
lay

lay

STUD BOLTS &
NUTS
tommy bar (BREDA).
KAMOUS RING 16 3 1 4 the connection of swivel
the PLEM
density

BEND (90) 16 2032mm (5D) 17.5mm 3 1 4
SMLS 450 tar
BEND (60) 16 2032mm (5D) 17.5mm 0 0
SMLS 450 tar
BEND (45) 16 2032mm (5D) 17.5mm 0 0
SMLS 450 tar
BEND (20) 16 2032mm (5D) 17.5mm 2 1 3
SMLS 450 tar PLEM
16" SPOOLS BETWEEN THE INLINE TEE & TUNA PLEM
SIZE /OD TOTAL
(inch) QTY

lay
1 swivel flange will be

ASTM A694 F65 flange (BREDA) for the connection
SWIVEL SW with 371.4mm bore
16 face inconel 625 over 17.5mm 3 1 4 with the in line tee & the
lay swivel flange which will be
connected to TUNA PLEM
was supplied by (BREDA)
Bolts as per ASTM 1 set of bolts will be supplied

Stud Bolts with 2 heavy A320l7 Nuts as per by BREDA for the connection
STUD BOLTS &
2 1/2" X 33" hexagonal nuts suitable ASTM A194 Gr4, 48 10 58 with the in line tee & 1 set is
NUTS
for hydratight Electrozinc plated with already supplied for TUNA
tommy bar PLEM
KAMOS RING 16 3 1 4 the connection with the in line
tee & 1 Kamos is already
supplied for TUNA PLEM
density

BEND (90) 16 2032mm (5D) 17.5mm 2 1 3
SMLS 450 tar
BEND(60) 16 2032mm (5D) 17.5mm 0 0
SMLS 450 tar
BEND (45) 16 2032mm (5D) 17.5mm 0 0
SMLS 450 tar
Carbon Steel DNV 2mm Polyethylene For the swan neck at TUNA
BEND (20) 16 2032mm (5D) 17.5mm 2 1 3
SMLS 450 tar PLEM
MOTHER PIPES FOR HOT BENDS
Denise B -03
OD MATERIAL NUMBER OF Unit Price
WALL THK (mm) QTY (m) REMARKS Total Cost
(inch/mm) GRADE PIPIES Eur
Carbon
Added 3 pipes as
16"/406.4 Steel SMLS 20.6 28 336 224 75,120
spare
450
TOTAL NUMBER OF MATERIAL NEEDED

Escallation = 10%
Denise B -03
ITEM TOTAL QTY REMARKS Unit Price Eur Total Cost
Including the
lay & start
WELD NECK FLANGE 21 1,584 36,590
heads + the
spare QTY
SWIVEL FLANGE 18 1,936 38,333

Blind Flangebore
flange face area to be
2 1,500 3,300
over laid with
INCONEL
Include the
set of riser
STUD BOLTS & NUTS 348 105 40,194
flange Blind
flange
KAMOUS RING 20 5,850 128,700
KAMOS PATENTED
30 403 13,299
TEST PLUG
KAMOS PATENTED
30 104 3,432
BLIND PLUG CAPS
Total pipes in
PIPES 55 660
meter =576m To be verified wether included with PO of Line Pipes
BEND (90) 16 821 14,457 Fabrication cost
BEND (60) 2 750 1,650
BEND (45) 6 714 4,714
BEND (20) 25 643 17,679
302,348
ALREADY INCLUDED IN OFF CAMPAIGN - MATERIAL FOR TESTING THE SPOOLS
Denise B-03
Unit
TOTAL
ITEM SIZE DESCRIPTION MATERIAL QTY SPARE REMARKS Price Total Cost
QTY
Eur
RING JOINT 16" Oval ring #1500 soft iorn 30 0 30 130 3900
Bolts as per ASTM
Stud bolts & 2 Stud bolts with 2 A193 Nuts as per 12 Sets + 2
2 1/2" X 18.5" 192 32 224 160 35840
nuts hexagonal nuts ASTM A194 2H, Sets spare
Electrozinc plated
Blind Flanges 16" ANSI B16.5 ASTM 105 6 0 6 1000 6000
TOTAL COST 45740

P.O.
P.O. Supplier Awarding Description
date
TUNA platform materials

Topside Facilities Materials 4,538,127
Tuna-02 Nuova Olmec 24/May/08 - Structural material 3,076,699 4,922,719
Tuna-02 Nuova Olmec 7/Aug/08 - Structural materials 1,220,196 1,342,215
Tuna - 2 Petrojet 1/Sep/09 - Predrilling template 32,330 35,563
Tuna - 2 Nuova Olmec 1/Sep/09 - Additional Structura 208,902 229,792
Comparison Between Seth & Tuna Steel quantities received from TM
Seth Qty Tuna Qty

Item Description Ton Ton
Jacket
Jacket
Main Structure 1300 935 3,665,762.10 782
Permanent Structure 337 230 5,390,687.48 337.5
Temporary Structure 200 120 9,056,449.58 336.4
Buoyancy Tank 245 30 1455.9
2082 1315
Deck
1 Main Structure 337.5 318.70
2 Secondary Structure 336.4 275.16
673.9 593.86
Jacket & Deck Materials
Tuna cost Tuna Tons Tuna Cost per ton
4,505,797 1,789 2,519
Piles & PDT Tuna material coTuna Tons Tuna Cost per ton
2 Piles 1200 1050 1,008,362 1050 960
3 Pre-drilling template 22 25.52
4 Pile Guide Frame 0 360
1222 1435.52
Total 3,978 3,344
Structure materials Tons
Cost in Euro
Eur per ton
Fab, Lod out Cost

Fab & Load out cost Piles, Jacket & DecEur 13,815,108 PTJ cost of Tuna EPC
Qty of Piles, Jacket & Deck Tons 3,344
Fabrication rate Eur / Ton 4,131
Seth Onshore works cost Estimation
Estimated Value
Prev PO Escl TranspAdditional items (euro)
Materials
Slug Catcher & Actuated valve 2,833,843 1.30 1.07 640,000 4,626,676 4,700,000
Manual Valve 168,000
Piping bulk material 1,754,773 1,800,000
Instrument Bulk Material 1 50,000
Loose instrument 1 1 61,525 65,000
instrument Cable 150,000 150,000
Elcectrical cable & Bulk material 50,000 50,000
Cable Trays 50,000 50,000
Fire& Gas Detection 1 1 80,449 90,000
Fire Fighting 20,000 20,000
DCS upgrading 300,000 1 1 369,150 370,000
Services
Detailed Engineering Proc Service & site assistance 1,071,450
Installation 1,785,750
10,370,200
7,143,000
vendor assistance for EPC
P.O.
Awar pre-
P.O. Description
ding comm
Date
100 Pedestral Crane 7

100 Pedestral Crane HPU
101 Mechanical HIPPS (and Wing Gate Valves)
101 Wing Gate Valves
102 Export Multiphase Flowmeter & computer (16") 6
103 Glycol Tank Skid (double shelter) 0
103 Diesel Tank 0
103 Flare K.O. drum tank 0
103 Service Water Storage Tank 0

103 Drain Tank 0
104 ESD/ F&G System 25
104 RTU and elgamil control room 30
104 Radio Link 6
104 Telephone/EPABX 5
Vertical Launching Trap (NOT existing) 0
104 F&G Detection System (field outdooor) 7
104 PA/GA System 3
104 CCTV System 5
110 Survival Module + HVAC 4
112 Glycol Pumps Skid 0
112 Methanol Injection Skid and Tank 0
112 Corrosion inhibitor Skid and Tank 0
111 Well head Control Panel 10
113 Flare K.O. pumps skid (if any) 0
114 Service Water Pumps Skid 0
116 Test Multiphase Flowmeter & computer (10") 0
117 Mechanical Bulk Material 0
Sump Caisson 0
118 Instrument mech and electrical Bulk Material 0
119 Electrical Bulk Material 0
120 Field Loose Instrument & cor./sand monitoring 10
121 Power and Earthing Cables 0
122 Control and Instrument Cables (considere double qty) 0
123 E&I cables and tubing Trays 0
124 FF Foam Skid Package (helideck) 4
125 FF equipemnt 0
126 Life and Safety Equipment 0
127 Life Raft 0
127 Life Boats 5
128 Choke Valves 0
128 Choke Valves 0
130 Flare Vent Tip & CO2 Snuffering System 4
132 Navigation AIDS System 7
incl. Studd Cross (mechanical bulk) 0
incl. Studd Cross (mechanical bulk) 0
incl. Extinguisher Cabinet (included in packages)
incl. Sanitary discharge Treatment 2
incl. Cold Vent (bulk and structure) 0
Ennpi assistance - Onshore

Ennpi assistance - Offshore
vendor assistance for PTB Supply (LLI)
P.O.
P.O. Awar Description pre-
ding comm
Date
days
E&I Module + battery module integrated 15
Microturbine package (Main Power Generator & fuel gas) 15
Emergency Diesel Generator 10

Manual and Actuated Valves 4
Production Manifold Skid 5
US$/units
mob/demob 2,500.0
accomodation & logistic 150.0
daily rate 2,000.0
vendor
crew
onshore offshore
special equipment (numver qty
comm comm of
persons)
2 5 0 2 28
-
5 1 5
-
2 10 2 36
-
-
-
-
10 30 1 65
10 45 1 85
10 2 32
6 1 11
-
5 1 12
2 1 5
2 2 14
2 2 12
3 1 3
-
-
7 12 2 58
3 1 3
3 1 3
-
-
-
-
-
5 10 1 25
-
-
-
3 3 1 10
-
-
-
3 3 1 11
-
-
3 1 7
4 2 22
-
-
-
2 1 4
-
75 5 375
40 4 160
y (LLI)
vendor
crew
onshore offshore special equipment (numver qty
comm comm
of
persons)
days days EURO

10 10 0 3 105
10 10 50000 3 105
7 5 20000 3 66
3 0 2 14
3 0 2 16
Total LLI Vendor

P&C rate x Total cost P&C
mob/demob
unit x unit
10,000 60200 70,200 94,770

- 0 -
2,500 10750 13,250 17,888
- 0 -
10,000 77400 87,400 117,990
- 0 -
- 0 -
- 0 -
- 0 -
- 0 -
5,000 139750 144,750 195,413
5,000 182750 187,750 253,463
10,000 68800 78,800 106,380
5,000 23650 28,650 38,678
- 0 -
5,000 25800 30,800 41,580
2,500 10750 13,250 17,888
5,000 30100 35,100 47,385
5,000 25800 30,800 41,580
- 6450 6,450 8,708
- 0 -
- 0 -
10,000 124700 134,700 181,845
- 6450 6,450 8,708
- 6450 6,450 8,708
- 0 -
- 0 -
- 0 -
- 0 -
- 0 -
5,000 53750 58,750 79,313
- 0 -
- 0 -
- 0 -
5,000 21500 26,500 35,775
- 0 -
- 0 -
- 0 -
5,000 23650 28,650 38,678
- 0 -
- 0 -
5,000 15050 20,050 27,068
5,000 47300 52,300 70,605
- 0 -
- 0 -
- 0 -
2,500 8600 11,100 14,985
- -
243,750 243,750 329,063

136,000 136,000.00 183,600.00
102,500 1,349,400 1,451,900 1,960,065

US$ US$ US$
EPC Profit 35% 508,165
Total EPC Vendor assistance 1,960,065 1,960,065
mob/demob P&C rate x Total cost P&C

unit x unit
15,000 225750 240,750
15,000 275750 290,750
15,000 161900 176,900

5,000 30100 35,100
5,000 34400 39,400
55,000.00 727,900.00 782,900.00

US$ US$ US$
USD / Eur 1.4
PROCES Deck Dry ref. value technical market Type of Estimated

id. ITEM NO. S UNIT TOP SIDE FACILITIES SYSTEM Deck Plan Elevation PLOT PLAN P.O. Description Dimensions Material Weight Capacity Rating qty reference (Euro) Supplier increasing increasing Budget (US$) Supplier Country Delivery Delivery Time
(tonnes)
Materials
Structural Material - Jacket -
Seth 01 Pile Grout Seals Crux Product Limited 3 months
Structural Steel material for jacket
Structural Steel material for piles
Structural Steel material for deck

Structural Steel material for Pre-drilling
Template
Shock Cells for Barge bumpers 3 months
from
Below Cellar +2.000 to 00192700BTDG15005 Vent Boom
Deck 13.500
Top Site Facilities - Deck #REF!

31 006300YA001 630 HANDLING AND LIFTING EQUIPMENT Main Deck +20.500 00192700BTDG15004 100 Pedestral Crane - 20.00 1 TNW-2 "05 470,000 PELLEGRINI 20.00% 40.00% 1,105,440 PELLEGRINI Italy Exworks 12 months
33 006300ZE001 630 HANDLING AND LIFTING EQUIPMENT Main Deck +20.500 00192700BTDG15004 100 Pedestral Crane HPU 3000x1500x2000 - 1 - - - - PELLEGRINI Italy Exworks 12 months
1 001000DW002A 100 WELLHEAD SYSTEM Cellar Deck +13.500 00192700BTDG15006 101 Mechanical HIPPS (and Wing Gate 5 1/2" 10000 4 inquire 90,000 MOKVELD 0.00% 0.00% 504,000 MOKVELD Holland Exworks 10 months
/B Valves)
1 001000DW001 100 WELLHEAD SYSTEM Cellar Deck +13.500 00192700BTDG15006 101 Wing Gate Valves 7 1/2" 5000 1 estimated 125,000 0.00% 0.00% 175,000 MOKVELD Holland Exworks 10 months
13 003000JM002 300 GAS METERING Cellar Deck +13.500 00192700BTDG15006 102 Export Multiphase Flowmeter & 2300x1050x3000 3.00 1 inquire 350,000 TEA 0.00% 0.00% 490,000 TEA SISTEMI Italy Exworks 8 months
computer (16")
7 001200XY004 120 CHEMICAL INJECTION SYSTEM Cellar Deck +13.500 00192700BTDG15006 103 Glycol Tank Skid (double shelter) 5500x3500x3800 18.00 1 estimated 150,000 PTJ 0.00% 0.00% 210,000 PETROJET Egypt Exworks 4 months
54 004300XY001 430 DIESEL FUEL SYSTEM Main Deck +20.500 00192700BTDG15004 103 Diesel Tank 2.40 1 estimated 75,000 PTJ 0.00% 0.00% 105,000 Petrojet Egypt Exworks 4 months
17 002300VN001 230 BLOWDOWN SYSTEM Cellar Deck +13.500 00192700BTDG15006 103 Flare K.O. drum tank 1500IDx3000TL 2.80 1 estimated 75,000 PTJ 0.00% 0.00% 105,000 Petrojet Egypt Exworks 4 months
28 005200VA001 570 SANITARY DISCHARGE TREATMENT AND STORAGE WATER Main Deck +20.500 00192700BTDG15004 103 Service Water Storage Tank 2000IDx4100TL 3.50 1 estimated 75,000 PTJ 0.00% 0.00% 105,000 Petrojet Egypt Exworks 4 months
from
30 005400VA001 540 DRAIN SYSTEM Below Cellar +2.000 to 00192700BTDG15005 103 Drain Tank 1600IDx3200TL 2.40 1 estimated 75,000 PTJ 0.00% 0.00% 105,000 PETROJET Egypt Exworks 4 months
Deck
13.500
55 in E&I module 980 EMERGENCY SHUTDOWN SYSTEM Main Deck +20.500 00192700BTDG15004 104 ESD/ F&G System 1 TUNA "08 - ABB 0.00% 0.00% - ABB Italy Exworks 7 months
34 in E&I module 970 CONTROL SYSTEM Main Deck +20.500 00192700BTDG15004 104 RTU 1 TUNA "08 800,000 ABB 20.00% 5.00% 1,411,200 ABB Italy Exworks 7 months
35 in E&I module 970 CONTROL SYSTEM Main Deck +20.500 00192700BTDG15004 104 Radio Link 1 TUNA "08 - ABB - UNAOHM/ABB Italy Exworks 7 months
36 in E&I module 970 CONTROL SYSTEM Main Deck +20.500 00192700BTDG15004 104 Telephone/EPABX 1 TUNA "08 - ABB - SELTA/ABB Italy Exworks 7 months
14 001900XY001 190 LAUNCHING TRAP SYSTEM Main Deck +20.500 00192700BTDG15004 Vertical Launching Trap (NOT existing) 16" x 7000 7.00 N/A -
37 in E&I module 970 CONTROL SYSTEM Main Deck +20.500 00192700BTDG15004 104 F&G Detection System (field outdooor) 1 TUNA "08 - ABB - PTB VENDOR LIST/ABB Italy Exworks 7 months
38 in E&I module 970 CONTROL SYSTEM Main Deck +20.500 00192700BTDG15004 104 PA/GA System 1 TUNA "08 - ABB - PTB VENDOR LIST/ABB Italy Exworks 7 months
39 in E&I module 970 CONTROL SYSTEM Main Deck +20.500 00192700BTDG15004 104 CCTV System 1 TUNA "08 - ABB - PTB VENDOR LIST/ABB Italy Exworks 7 months
19 008250ZH001 480 DIESEL ELECTRICAL GENERATION SYSTEM Main Deck +20.500 00192700BTDG15004 106 E&I Module 10800x5200x5000 30.00 1 DEN B "10 951,132 10.00% 20.00% 1,757,692 EMC/Fores Egypt/Italy Exworks 10 months
Microturbine package (Main Power
16 004700ZH001 470 POWER GENERATION SYSTEM Main Deck +20.500 00192700BTDG15004 107 Generator) 9.58 1 DEN B "10 1,242,015 20.00% 2,086,585 EMC/Fores Egypt/Italy Exworks 10 months
20 004800ZH001 480 DIESEL ELECTRICAL GENERATION SYSTEM Main Deck +20.500 00192700BTDG15004 109 Emergency Diesel Generator 1.33 1 DEN B "10 580,000 20.00% 974,400 EMC/Fores Egypt/Italy Exworks 7 months
21 006900ZG001 690 BUILDINGS Main Deck +20.500 00192700BTDG15004 110 Survival Module + HVAC 8900x2600x3000 15.00 6 persons 1 inquire 370,000 0.00% 518,000 PTB VENDOR LIST - Exworks 5 months
8 001200XY003 120 CHEMICAL INJECTION SYSTEM Cellar Deck +13.500 00192700BTDG15006 112 Glycol Pumps Skid 2000x2500x1500 2.00 1 Denise-A 06 "07 140,000 ECIS 20.00% 235,200 PTB VENDOR LIST - Exworks 6 months
9 001200XY001 120 CHEMICAL INJECTION SYSTEM Cellar Deck +13.500 00192700BTDG15006 112 Methanol Injection Skid and Tank 2600x1200x2500 0.90 1 TNW2-13 "05 110,000 ECIS 50.00% 231,000 PTB VENDOR LIST - Exworks 6 months
10 001200XY002 120 CHEMICAL INJECTION SYSTEM Cellar Deck +13.500 00192700BTDG15006 112 Corrosion inhibitor Skid and Tank 2000x2300x4000 1.60 1 Denise_A -46 "07 180,000 FORES 20.00% 302,400 PTB VENDOR LIST - Exworks 6 months
40 009900JW001 990 HYDRAULIC CONTROL PANEL Cellar Deck +13.500 00192700BTDG15006 111 Well head Control Panel 5300x1600x2000 4.00 1 Inquire 400,000 0.00% 560,000 PTB VENDOR LIST - Exworks 7 months
18 002300VN001 230 BLOWDOWN SYSTEM Cellar Deck +13.500 00192700BTDG15006 113 Flare K.O. pumps skid (if any) - 1 NOBA 26 "07 105,000 I.M.S. 20.00% 176,400 PTB VENDOR LIST - Exworks 8 months
29 005200XY001 570 SANITARY DISCHARGE TREATMENT AND STORAGE WATER Main Deck +20.500 00192700BTDG15004 114 Service Water Pumps Skid 0.80 1 estimated 50,000 70,000 PTB VENDOR LIST - Exworks 6 months
43 - - BULK Bulk - - 115 Manual and Actuated Valves 1 300,000 10.00% 46200000.00% Tharwa-Breda Egypt/Italy Exworks 8 months
12 003000JM001 300 GAS METERING Cellar Deck +13.500 00192700BTDG15006 116 Test Multiphase Flowmeter & 2000x1000x3000 2.00 1 inquire 330,000 TEA 0.00% 462,000 PTB VENDOR LIST - Exworks 7 months
computer (10")
44 - - BULK Bulk - - 117 Mechanical Bulk Material 1 inquire 550,000 ART 0.00% 770,000 PTB VENDOR LIST - Exworks 5 months
32 005400TS001 540 DRAIN SYSTEM Cellar Deck +13.500 00192700BTDG15006 Sump Caisson 30" x 28000 - - PTJ (fabrication only) 0.00%
Instrument mech and electrical Bulk
45 - - BULK Bulk - - 118 1 TNW2 (25 a, b,c,d) 300,000 -30.00% 40.00% 411,600 PTB VENDOR LIST - Exworks 4 months
Material
46 - - BULK Bulk - - 119 Electrical Bulk Material 1 TNW2-24 90,000 50.00% 189,000 PTB VENDOR LIST - Exworks 4 months
Field Loose Instrument & cor./sand
47 - - BULK Bulk - - 120 monitoring 1 estimated 150,000 0.00% 210,000 PTB VENDOR LIST - Exworks 4 months
48 - - BULK Bulk - - 121 Power and Earthing Cables MTO 1 TNW-2 114,000 40.00% 223,440 PTB VENDOR LIST - Exworks 5 months
49 - - BULK Bulk - - 122 Control and Instrument Cables MTO 1 TNW-2 / SEMMAN 100,000 10.00% 154,000 PTB VENDOR LIST - Exworks 5 months
(considere double qty)
50 - - BULK Bulk - - 123 E&I cables and tubing Trays MTO 1 TNW-2 actual 2010 360,000 0.00% 504,000 PTB VENDOR LIST - Exworks 4 months
23 007300XY001 730 FF SYSTEM Main Deck +20.500 00192700BTDG15004 124 FF Foam Skid Package (helideck) 4710x3050x3390 5.20 1 TNW2-12 80,000 FAS 20.00% 40.00% 188,160 PTB VENDOR LIST - Exworks 4 months
51 - - BULK Bulk - - 125 FF equipemnt 1 SEMMAN "07 90,000 30.00% 30.00% 212,940 PTB VENDOR LIST - Exworks 4 months
52 - - BULK Bulk - - 126 Life and Safety Equipment 1 SEMMAN "07 25,000 50.00% 52,500 PTB VENDOR LIST - Exworks 4 months
from
Below Cellar
25 007100SA001 710 ESCAPE AND PERSONNEL SAFETY Deck +2.000 to 00192700BTDG15005 127 Life Raft 900IDx1600TL - 4 MSIP2-17 2,500 10.00% 15,400
13.500
26 007100SA002 710 ESCAPE AND PERSONNEL SAFETY Cellar Deck +13.500 00192700BTDG15006 127 Life Boats 5900x2350x2850 5.80 2 MSIP2-14 72,000 10.00% 221,760 PTB VENDOR LIST - Exworks 4 months
2 001000DW002A 100 WELLHEAD SYSTEM Cellar Deck +13.500 00192700BTDG15006 128 Choke Valves 7 1/8" 2 estimated 125,000 30.00% 455,000 PTB VENDOR LIST - Exworks 6 months
/B
5 001000DW001 100 WELLHEAD SYSTEM Cellar Deck +13.500 00192700BTDG15006 128 Choke Valves 5 1/8" 900 # 1 P.O. BIS 07 "08 75,000 BREDA 30.00% 136,500 PTB VENDOR LIST - Exworks 6 months
53 - - BULK Bulk - - 130 Flare Vent Tip & CO2 Snuffering System 1 SEMM 07 "07 50,000 THERMOENGINEERING 70,000 PTB VENDOR LIST - Exworks 6 months
22 007200EC002/3 720 AID TO NAVIGATION Main Deck +20.500 00192700BTDG15004 132 Navigation AIDS System 1 inquire 250,000 30.00% 455,000 PTB VENDOR LIST - Exworks 6 months
001000DW002A 100
3 WELLHEAD SYSTEM Cellar Deck +13.500 00192700BTDG15006 incl. Studd Cross (mechanical bulk) 1 - - - PTB VENDOR LIST purchased in Mechanical bulk
/B
6 001000DW001 100 WELLHEAD SYSTEM Cellar Deck +13.500 00192700BTDG15006 incl. Studd Cross (mechanical bulk) 1 - - - PTB VENDOR LIST purchased in Mechanical bulk
Extinguisher Cabinet (included in

24 007300SD001 730 FF SYSTEM Helideck +26.500 00192700BTDG15003 incl. packages) 500x1000 3 - - -
27 005700XY001 570 SANITARY DISCHARGE TREATMENT AND STORAGE WATER Cellar Deck +13.500 00192700BTDG15006 incl. Sanitary discharge Treatment 1800x1000x2000 - 1 - 75,000 105,000 PTB VENDOR LIST purchased in Survival module
41 009900JP001 990 HYDRAULIC CONTROL PANEL Cellar Deck +13.500 00192700BTDG15006 incl. SSIV TUTU 2500x1200x2260 2.70 1 - - - Tharwa-Breda purchased in the Subsea System
42 - - BULK Cellar Deck +13.500 00192700BTDG15006 incl. Cold Vent (bulk and structure) 1700IDx4000TL 1 - - - purchased in the Mechanical Bulk
11 013000XY001 130 PRODUCTION MANIFOLD SYSTEM Cellar Deck +13.500 00192700BTDG15006 incl. Production Manifold Skid 11350x4000x5500 41.00 1 TNW2 "05 1,205,000 50.00% 2,530,500 Tharwa-Breda Egypt/Italy
Ancilliaries 500,000
19,556,117 Sub Total

1,368,928 Transportation 7%
Allowance for
1,955,612 Detailed 10%
Engineering
22,880,657 Subtotal
8,008,230 Profit of EPC 35%
30,888,887 Grand total
Cost Breakdown (k US $) - Details for Materials
Description Cost [k USD$] Reference
SETH Platform Materials

Jacket & Piles materials 8,086
- Structural materials (Jacket) 4,500 - Tuna EFC / unit cost (USD/Ton)
- Structural materials (PDT) 310 - Tuna EFC / unit cost (USD/Ton)
- Piles (material procurement and pre-fabrication) 2,750 - Tuna EFC / unit cost (USD/Ton)
- Anodes, grippers, diaphrams ecc 526 - Tuna EFC @ March 2010
Topside Facilities Materials 34,801
- Structural materials (Deck) 3,990 - Tuna EFC / unit cost (USD/Ton)
- Hydraulic control unit
- Wing valves
- Choke valves
- Telecontrol system
- Multiphase metering
- Firefighting system
- Navigation aids
- E&I and diesel generator modules
- Microturbines
- Chemical injection skids
- Crane
- Life saving equipemnt
- HIPPS - Tuna EFC @ March 2010
30,811
- Low pressure vessels
- Flare tip
- Survival cabin
- Safety shower
- Mechanical bulk materials
- Electrical bulk materials
- Instrumentation bulk materials
- Loose instruments
- Manual and actuated valves
- Electrical cables
- Instrument cacles
- Cable trays
- Temporary launching trap
Total SETH platform materials 42,887
SETH Sealine Materials

Sealine Materials
- 16'' Line pipes (11 Km)
- 16" line pipes for large radius bends
4,550 - Denise B EFC @ March 2010
- Large radius bends (bending only)
- Sealines anodes
Total SETH sealine materials 4,550
SETH PLEM & SSIV Materials

PLEM & SSIV Materials
- PLEM 6,905 - Cost Estimate (Tuna EFC @ March 2010)
- SSIV 3,808 - Tuna EFC @ March 2010
Total SETH PLEM & SSIV materials 10,712
Total Project Materials without Contingency 58,149

Cost Breakdown (k US $) - Details for Contracts
SETH Platform Services
Professional services 10,350

- Pltf detail design, proc. services and project managment (by EPC con 5,950 - Cost estimate
- Mostly Complete by BP
- Bottom Survey Soil Testing/Investigation, Sealine Route Sruvey + - Additional Survey for Mud mats design Cost
Additional Detailed Eng. Surveys 4,400 Estimate
Platform Construction 21,773

- Jacket fabrication 6,545 - Based on unit cost
- Deck fabrication 7,790 - Based on unit cost
- PDT fabrication 400 - Cost estimate
- Piles Fabrication 3,410 - Based on unit cost
- Flare Fabrication 328 - Based on unit cost
- Hook-up activities 3,300 - Cost estimate
Offshore Installation Campaign 34,250

- Jacket installation campaign 21,000 - 30 days @700 KUSD/day (Total Marine Spread)
- Deck Installation campaign 6,750 - 15 days @450 KUSD/day (Total Marine Spread)
- PDT installation campaign 1,500 - 5 days @ 300 kUSD/day
- Expected stand-by for installation vessel (Jacket & Deck) 3,000 - 6 days at an average rate
- HLV mod demob 2,000 - Cost estimate
Total Services for Seth Platform 66,373
16" Sealine Services

Professional services 0
- Included in Platform Services 0 - Tuna EFC @ March 2010
Offshore activities 29,486

- Sealine coating 16" 2,200 - 200 USD/meter for 11Km
- Sealine laying 16'' 11,618 - 20 Days @ 600 KUSD (Total Marine Spread)
- Lay vessel mob demob 1,513 - Denise B EFC @ March 2010
- Sealine and spools transportation, spools installation, dewatering 5,377 - Tuna EFC @ March 2010
- Sealine Mattress installation 16" 3,000 - Tuna EFC @ March 2010
- Expected Stand by 3,578 - Denise B EFC @ March 2010
- Pipeline testing 454 - Denise B EFC @ March 2010
- Nitrogen purgin 385 - Denise B EFC @ March 2010
- Sealine spools hot bends fabrication 1,361 - Tuna EFC @ March 2010
Total Services for 16" Sealine 29,486 33,152
SSIV & PLEM Services

Professional services 990
- Detail design, proc. services and project managment (by EPC contrac 990 - Cost estimate
Offshore activities 8,500

- SSIV and PLEM transportation & Installation 4,200 - 12 days @350 KUSD/day
- Expected stand-by for installation vessel 1,350 - 4 days @350 KUSD/day
- Storage & Load Out 150 - Tuna EFC @ March 2010
- Umbical offshore campaign 2,800 - 8 Days @ 350 KUSD/day
Total Services SSIV & PLEM 9,490
Total Project Services without Contingency 105,349

Cost Breakdown (k US $) - Details for El-Gamil Upgrading
Seth project - El Gamil Upgrading

EPC Contract (Det. Eng, Proc and Constr.)
- Equipment 8,000
- Denise A actual cost + Escalation +
- Piping Support 2,000
Risk&Profit
- Construction 5,000
Total cost without Contingency 15,000

Cost Breakdown (k US $) - Details for Drilling & Completion
Pre-Drilling 18,600
- West Shallow 8,900 - Cost estimate
- West Deep 9,700 - Cost estimate
Re-Entry and completion 30,700

- West Shallow 15,000 - Cost estimate
- West Deep 15,700 - Cost estimate
Gran Total Pre-Drilling, Re-entry & Completion 49,300

Cost Breakdown (k US $) - Details for Common Services
Description Cost [USD$]
Insurance 3,689
Platform 2206
Sealines 764
SSIV/PLEM 420
El Gamil 300
Supervision 4,639
Platform 2730
Sealines 937
SSIV/PLEM 567
El Gamil 405
PTB Project Management 6,920
Platform 4092
Sealines 1388
SSIV/PLEM 840
El Gamil 600
Platform Shallow Soil Investigation 300
Total Common Activities 15,548
Concept Definition Phase Cost

ENI Basic design services (CD phase cost) 6,600
ENPPI Basic & Detail design (pipeline only) 500
Total common activities without contingency 22,648
250,446

Cost Breakdown (k US $) - Summary
Facilities Cost [k USD$]
Platform 109,260
16" sealine 34,036
PLEM / SSIV 20,202
El Gamil Upgrading 15,000
Subtotal facilities by units 178,498
Common Services 22,648
Total facilities 201,146
Contingency (25%) 50,287
Total facilities with contingency 251,433
Pre - Drilling, Re Entry & Completion 49,300

Total project budget (technical cost) 300,733
A 0% Analitical
P 0% Parametric
E 0% Estimation
C 0% Actual
Spools 18.6 2.79 21.39
PLEM 1.2 0.36 1.56
SSIV 1.7 0.51 2.21
Dewatering 3.6 0.36 3.96
25.1 4.02 29.12

Seth Cost Estimate Rev 2-KIM

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What are the main components and their estimated costs of the Seth Development Project?

What are the main components and their estimated costs of the Seth Development Project?

What services are included in the platform costs?

What services are included in the platform costs?

Seth Development Project

Cost Status as of 31 Oct 2010 (US $)

Materials 73,392,012 0 73,392,012 0 0 0

Professional Services 22,085,251 812,000 22,085,251 0 812,000 812,000

Fabrication & Installation 123,866,679 0 123,866,679 0 0 0

Common costs 23,100,000 0 23,100,000 0 0 0

Contingency 6,499,821 0 6,499,821 0 0 0

Total Facilities by categories 248,943,763 812,000 248,943,763 0 812,000 812,000

Last PTB Difference

Sealine 31,027,349 0 31,027,349 0 0 0

Spools, Plem & SSIV 35,136,252 0 35,136,252 0 0 0

Onshore facilities 14,818,280 0 14,818,280 0 0 0

Common costs 23,100,000 0 23,100,000 0 0 0

Contingency 6,499,821 0 6,499,821 0 0 0

Total Facilities by units 248,943,763 812,000 248,943,763 0 812,000 812,000

Drilling and completion 51,175,000 0 51,175,000 0 0 0

Overall Total (technical cost) 300,118,763 812,000 300,118,763 0 812,000 812,000

CBS Ref No Date Description Budget Estimate Supplier

1.1.1.5 Plates for piles 1,584,535 Nuova Olmec Seth 01

1.1.1.6 Predrilling template materials 52,839 Nuova Olmec Seth 01

1.1.1.7 Docking piles 250,000 Nuova Olmec / Rosetti Marino

1.1.1.9 Manual & Actuated valves 1,512,000 Tharwa Breda

1.1.2 Professional services 18,119,814 ###

1.1.2.6 EPC Contract - PM & Procurement follow up 9,451,551 Enppi / PTJ / TM

1.1.3.2 Prefabrication of piles (Rolling) 630,000 PTJ

1.1.3.3 Fabrication & load out of piles Enppi / PTJ / TM

1.1.3.8 Fabrication & Installation Contingency - ###

1.2.3.3 Crossing preparation & Matress installation PMS

1.3.2.2 Professional services Contingency - ###

1.3.3.8 Fabrication & Installation Contingency -

1.4 Onshore facilities 0

1.5 Common Costs (Proj Mang, Insur, Basic Eng, Supervision)

1.1+2+3+4+5 Total 242,443,942 ###

1.6 General Contingency 6,499,821 ###

1 1.1+2+3+4+5+6 Grand Total (Facilities) 248,943,763 ###

0 Grand Total (Facilities + Drilling) 300,118,763 ###

Cost Details - Option 2 Parametric 0% P

1.1.1.7 Docking piles 250,000 Nuova Olmec / Rosetti Marino AP P 0% Estimated

As per Tuna EPC - 10% for all EPC Cost for

1.1.2.7 Vendor assistance for LLIs purchased by company 782,900 PTB ND P 0%

1.1.3.2 Prefabrication of piles (Rolling) 630,000 PTJ C 0% Offer from vendor

1.2.3 Fabrication & Installation 28,677,552

1.3.3.8 Fabrication & Installation Contingency - 0%

1.4 Onshore facilities

1.1+2+3+ Total 257,837,330

1.6 General Contingency (8,279,670)

1 1.1 Grand Total (Facilities) 249,557,660

0 Grand Total (Facilities + Drilling) 300,732,660

Activity cost estimate Item Contingency

1.1 Platform (Predrilling template, Piles, Jacket & Deck)

1.1.1.1 Primary steel for jacket 3,665,762 3,665,762 -

1.1.1.2 Primary steel for deck

1.1.1.5 Plates for piles 1,584,535 1,584,535 -

1.1.1.6 Predrilling template materials 52,839 52,839 -

1.1.1.7 Docking piles 250,000 250,000 -