Offshore EquipmentDescription Remarks

US$ Naira US$ NairaI - Offshore VesselsOffshore Derrick Lay Barge 3rd Party 7539 197337 75390 1973370 9236Diving Supply Vessel 3rd Party 1103 28674 11030 286740 1350Jack Up Barges 3rd Party 1950 50753 19500 507530 2386Jack Up Barges 3rd Party 1554 40212 15540 402120 1900250 Class Cargo Barge 274 6738 2740 67380 332200 Class Cargo Barge 232 5843 2320 58430 282Speciality Barges Cost + 15%Laybarge Stinger Rigging and attachment, additional lump sum $501000 3372 85135 33720 851350 4104II - Anchor Winches2 drums (20 to 25 ton) 1086 26314 10860 263140 1312III - Pile Driving EquipmentDelmag D-46 326 7875 3260 78750 394MKT 110/150 335 8612 3350 86120 409Delmag D-36 273 6575 2730 65750 330Delmag D-22 213 5396 2130 53960 259IV - CranesCrawler CraneUp to 30 T 108 2668 1080 26680 13131 T to 45 T 122 2947 1220 29470 14746 T to 75 T 206 4950 2060 49500 24976 T to 100 T 241 5918 2410 59180 292101 T to 125 T Manitowoc 3900 Type or Equivalent 330 7788 3300 77880 397126 T to 150 T Manitowoc 3900 Type or Equivalent 348 8643 3480 86430 422151 T to 200 T Manitowoc 3900 Type or Equivalent 433 10802 4330 108020 526Hydraulic CranesUp to 15 T 74 1788 740 17880 8915 T to 20 T 101 2419 1010 24190 12221 T to 30 T 137 3273 1370 32730 165V - Side-Boom, Dozers, Fork LiftsSide-Boom Cat. 561 Type 67 1679 670 16790 81Side-Boom Cat. 583 Type 160 4013 1600 40130 195

Daily Rate (10hrs)Hourly RateRate US$ hr

Offshore EquipmentDescription Remarks

US$ Naira US$ NairaDaily Rate (10hrs)Hourly Rate

Rate US$ hrFork Lift up to 5 T 41 1020 410 10200 50Fork Lift 6 T to 10 T 53 1301 530 13010 64Fork Lift 11 T to 20 T 72 1894 720 18940 88VI - Welding Equipment 300 - 400 Amp Diesel Driven 10 262 100 2620 12600 Amp Diesel Driven 2 Welders 21 544 210 5440 26300 - 400 Amp Electric 9 194 90 1940 11600 Amp Electric 2 Welders 19 473 190 4730 23400 - 1000 Amp Arc Air 1 oulet 13 341 130 3410 16Semiautomatic Innershield 600 Amp 29 735 290 7350 35Sub ARC Welding Machine with Power Supply 43 1057 430 10570 5210 Welders Unit, 400 Amp each exclusive Power Supply 85 2204 850 22040 104Additional Pack for TIG Process WeldingIncluding Gases 13 325 130 3250 16Grinders 25 594 250 5940 30VII - Generators, Diesel PoweredUp to 50 KVA 20 516 200 5160 2450 to 100 KVA 25 606 250 6060 30100 to 200 KVA 31 796 310 7960 38200 to 400 KVA 68 1663 680 16630 82400 to 600 KVA 133 3392 1330 33920 162VIII - Air Compressors100 cu ft. 100 Psi 19 475 190 4750 23365 cu ft. 100 Psi 26 671 260 6710 32600 - 750 cu ft. 100 Psi 79 1960 790 19600 96600 - 750 cu ft. 150 - 200 Psi 130 3297 1300 32970 1581200 cu ft., 100 Psi 110 2626 1100 26260 133IX - Sandblasting and Painting EquipmentAirless Unit Compl. exclusive air compressor 10 272 100 2720 12Conventional Spray exclusive air compressor 9 197 90 1970 11Sandblasting Equipment portable machine exclusive AC 7 172 70 1720 8Semiautomatic Sandblasting Unit 34 840 340 8400 41X - Testing Equipment

Offshore EquipmentDescription Remarks

US$ Naira US$ NairaDaily Rate (10hrs)Hourly Rate

Rate US$ hrX-Ray, Gamma Ray, Ultrasonic Equipment 100 2581 1000 25810 122Stress Relieving Equipment cost + 25 %Dark Room 18 225 180 2250 20Dead Weight Tester 20 515 200 5150 24Pressure and/orTemperature Recorder 9 202 90 2020 11Holiday Detector 4 102 40 1020 5XI - Hydraulic JacksUp to 50 T 13 344 130 3440 1650 T to 200 T 68 1634 680 16340 82XII - Line Up ClampsManual - External - All Sizes 7 171 70 1710 8Hydraulic - External 12" to 30" 9 227 90 2270 11Pneumatic - Internal 12" to 30" 42 1031 420 10310 51XIII - Shop Equipment 0 0Sensitive Drilling Machine diam. 13mm 13 330 130 3300 16Radial Drilling Machine diam. 60mm 21 485 210 4850 25Shearing and Punching Machine 24 589 240 5890 29Bending Machine up to 3" pipe 9 198 90 1980 11Cross Cut Circular Saw dia. 400mm 9 204 90 2040 11Tool Box with Consumables and Hand Tools 197 5114 1970 51140 241XIV - Cutting and Beveling EquipmentBurning Outfit oxugen acetylene tpe including gases 7 163 70 1630 8Beveling Band all sizes 3 68 30 680 4Buffing Machine - Grinder hand type, including discs 3 68 30 680 4Muller, or equivalent, RB 452 Straight Cutting Machine 7 171 70 1710 8Muller, or equivalent, RB 451 Shape Cutting Machine 13 335 130 3350 16Fire Resistant Tarp 26 679 260 6790 32XV - PumpsTesting HP PumpsGardner Denver or Equivalent, Tripex, Dincludes 7m suction hose & 10m discharge, additional leng 52 1317 520 13170 63Electric or Pneumaic Hp Pumps 4000Ps includes 7m suction hose & 10m discharge, additional leng 27 672 270 6720 33Specialty testing and drying equipment Cost +25%, exclusive of personnel

Offshore EquipmentDescription Remarks

US$ Naira US$ NairaDaily Rate (10hrs)Hourly Rate

Rate US$ hrXVI - Air ToolsAir Hammer 6 133 60 1330 7Air Wrench ordinary size 4 102 40 1020 54000# air tuggers 58 1488 580 14880 718000# air tuggers 78 1973 780 19730 95Pneumatic Tools for Drilling and Cutting per man 20 500 200 5000 24XVII - Scaffolding - Storage no laborScaffolding, per meter of pipe supplied for a job minimum charge one month 240 5854 2400 58540 290Storage uncovered area, per square meter 1 36 10 360 1Storage covered area, per square meter 3 74 30 740 4Storage air conditioned, per square meter 4 114 40 1140 5Scaffold board, 2' x 12" x 12" long 1 51 10 510 1Scaffold bucks (4' section) 3 82 30 820 4