Infield Systems Limited OTC Booth 9329 Houston, Texas2nd May 2011

Infield Systems Launches New Project Contracts Database At The Offshore Technology Conference

PRESS RELEASEThe Offshore Technology Conference will see the launch of Infield Systems new database service that tracks supply chain contracts within the offshore oil, gas and associated marine industries. The new Project Contracts Database links Infield Systems’ existing comprehensive databases on oil and gas field developments, assets, yards, drilling rigs and offshore construction vessels to the supply chain contracts and contractors.

The Project Contracts Database tracks an offshore oil and gas project from its initial discovery right through appraisal, planning development, development and through to first oil.

This comprehensive database service provides vital information on contractors that are bidding for the different stages of the engineering for a project, as well as which yards are competing to build the different structures and facilities that are required to develop the field, which is linked to Infield Systems’ comprehensive yards database. The installation contractors are also tracked and linked to Infield Systems Vessel Contracts Database.

The Project Contracts Database records the key data on projects such as FID (Final Investment Decision) and PDO (Production Development & Operation) approval. The date on which all major contracts have been awarded for each project is also recorded. To assist in the interpretation of this data, the Project Contracts Database includes sequenced comments on projects to provide qualitative for users.

07/03/2011 - 3-2-11: Aker Solutions have the installation of the subsea power cable. 1-2-11: AGR Field Operations has been awarded a contract by HHIs for the provision of Maintenance Engineering and Inspection Planning services 21-12-10: Aker Solutions has been awarded the tie-in and connector scope associated with the Goliat flowlines and risers contract by Technip Norway 24-11-10: Aker Solutions has secured an important contract to supply heating systems for the subsea pipelines that Technip will deliver and install. BW Offshore have offloading system

About Infield Systems Ltd

Infield is an independent energy research and analysis organisation that is dedicated to the provision of accurate and up-to-date data, market sector reports, mapping, analysis and forecasts to the offshore oil and gas and associated marine industries. Infield services clients in over 40 countries from a wide range of organisations including E&P companies, contractors, manufacturers, government agencies and the financial community. Infield is widely acknowledged as the definitive independent information resource and has been involved in many US$bn of merger, acquisition and transaction market due diligence.

For More Information

For more information please contact:

Quentin D’A WhitfieldDirectorInfield Systems LimitedSuite 502, 1 Alie StreetLondon E1 8DEUnited Kingdom

T: +44 20 7423 5000F: +44 20 7423 5050C: +44 7768 570 850E: quentin.whitfield@infield.com

Offshore Technology Conference Booth Number: 9329

ww

w.in

field

.com

The contacts (and key dates) covered in Project Contracts Database are:

• Conceptual design• Pre-FEED• FEED (Topsides, Hull/Jacket, Subsea)• FID (Final Investment Decision)• Subsea Production Systems (Trees, Boosting, Risers, Umbilicals, Flowlines, Flexibles)• PDO Approval.• EPC Contractor (Topsides Engineering, Hull/Jacket Engineering, Topsides Yard, Hull/Jacket Yard)• Integration yards• Pipelay Contractor• Installation Contractor (Installation Vessel)

The Project Contracts Database is available for view on booth 9329

- ENDS -