Copyright ICON Engineering Pty Ltd 2012 1

ICON Engineering Pty Ltd Level 1, 50 Kings Park Road Tel: +61 8 6313 5500 West Perth WA 6006, Australia Fax: +61 8 6313 5599 PO Box 915, West Perth WA 6872 Email: busdev@iconeng.com.au Web: www.iconeng.com.au

ICONs Tension Lift Frames (TLF) enable the successful deployment of the down-hole completion tubing string and tubing hanger in the well head, and coiled tubing operations in MODUs.

Our TLF range is a fully tested, field proven integrated system which has been used in a number of successful well developments. When considering sourcing a tension lift frame, the following advantages make our product the logical choice:

Safety: ICONs TLF range has been designed with safety in mind, and has a proven track record of being easy and safe to install. It has been utilised on numerous rigs for different clients, and time and again has been safely rigged up and rigged down.

Rig-up Time: Minimising rig downtime is the single most effective method of reducing overall project costs. We believe that ICONs TLF achieves the minimum rig downtime of any tension lift frame currently available on the market. Our design has been refined to enable quick and easy rig up and rig down whilst complying with the most stringent safety standards. Our system has been proven to achieve a critical path rig up time of 3 to 4 hours.

Reliability: ICON has developed a fully tested, field proven system. By following our maintenance schedule, you can be sure that our TLF will be certified and ready for deployment whenever it is required.

Adaptability: Our system, although fully developed, can be easily adapted to create differing working windows, to allow access at varying levels, and to interface with different surface test trees and travelling blocks, giving the customer the flexibility of requesting a unique solution if required. We have the engineering resources and experience to adapt our design to suit your requirements, without taking away the peace of mind that comes from selecting a field proven and tested system.

Quality: Our system is designed and fabricated to meet stringent quality standards. ICON is an ISO 9001 quality accredited company that has a fully integrated management system that encompasses all aspects of project quality assurance and control. We have experience in working with 3rd party verifiers, including DNV, Lloyds and Bureau Veritas, in order to meet all relevant code requirements.

ICON TLF Installed Inside a Drilling Derrick

Storage: Deck space is almost always an issue on a rig. By utilising individual components such as bail arms and spreader beams, our TLFs minimise the amount of deck space required whilst still achieving the large working windows that are typically required.

Proven Experience: ICON has extensive experience in the design and manufacture of TLFs. We have worked with the high strength steels required to interface with high strength, alloy steel bail arms, and have developed a fabrication methodology that alleviates any concerns about fatigue or micro-cracking. We understand the operational requirements present in the offshore oil and gas industry.

WE DELIVER PROJECTS THAT ARE OF THE HIGHEST QUALITY, MEET STRINGENT HSE AND DOCUMENTATION STANDARDS, ARE ON BUDGET AND ON SCHEDULE.

TENSION LIFT FRAME Innovative design suits coiled tubing and intervention operations on MODUs

Copyright ICON Engineering Pty Ltd 2012 2

ICON Engineering Pty Ltd Level 1, 50 Kings Park Road Tel: +61 8 6313 5500 West Perth WA 6006, Australia Fax: +61 8 6313 5599 PO Box 915, West Perth WA 6872 Email: busdev@iconeng.com.au Web: www.iconeng.com.au

Standard Features 150 to 750 short tons (136 to 681 MT) standard

load ratings are available.

Standard 6 to 8 working widths are available, larger widths available upon request.

Short Bail Arms interface with the rigs top drive and the Upper Spreader Beam.

Upper Spreader Beam will be sized to create the required working window and support a sheave, winch or hoist for hauling in equipment.

Long Bail Arms interface with the upper and lower spreader beam. Bail arm length will be selected to accommodate project specific equipment requirements while minimising cost and stack up height.

Lower Spreader Beam assembly complete with access platform mounting points. This will include a split insert and hang off collar customised to interface with the project specific Surface Flow Tree.

Indicative Schematic of ICONs Standard TLF

Interface Testing Being Undertaken at ICONs Yard

Optional Features ICON can tailor the TLF to meet a Clients unique requirements. Optional features include:

Winch/Hoist for the installation of wire line and coil tubing equipment. This will be selected to meet Client requirements.

Access Platform between the long bails to allow access to the lower end of the wire line lubricator and the BOP. This can be single or dual level.

Certified Shipping Baskets and Skids can be supplied to transport all equipment.

Full Completions Equipment Installation and Interface Testing can be conducted at our Perth based yard. This allows personnel to complete interface testing and training for hauling in and making up connections for PCE equipment.

ICON ALSO HAS A RANGE OF COMPENSATED TENSION LIFT FRAMES (CTLFS) IF A HEAVE COMPENSATED SOLUTION IS REQUIRED.

TENSION LIFT FRAME Innovative design suits coiled tubing and intervention operations on MODUs