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Eboroil

Company Track Record

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Project List

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Project List (continued)

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Project List (continued)

Mobil Exploration Norway Inc., Stavanger Negotiation with the Norwegian government of tax depreciations for the marine chartering programs

Development of the logistical program for the first 10-year period (1977-87)

Two stages of chartering programs for the contingency services, including conversion of 6 ships

Development of contingency plans for use of flotels at Statfjord, including obtaining approvals from NPD

Development of the concept for dry evacuation

Development of platform-based anti-collision radar

Development of fire-fighting requirements for Statfjord platform blow-out and negotiating the proposal with NPD

Development of financing package for Statfjord B platform

Multi Operational Service Tankers Inc. Development of patent for non-rotating underbalanced drilling from a DP-tanker

Assisting in negotiations on financing the company with a view to be listed in the stock market in Oslo

Northern Resources Ltd Planning for the development of a mine in permafrost

Development of ice-breaking technology with the M/V Arctic and hovercraft

Development of project financing package based on coal sales to Denmark

Geological assessment and acquisition of chromite licence in Greenland

Development of cold fines/water mixture as less polluting (than oil) source for power generation

Development of logistics for a number of projects in the Canadian arctic for oil and mineral extraction

Odin Energi AS, Denmark Evaluation of development potential of Danish oil and gas acreage.

Petraco S.P.A. Advice on financing Russian oil and gas developments

Purchase agreements of crude oil from Lithuania

Quatronor A.S Preparing tenders and negotiating re-usable production system for offshore oil and gas developments

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Project List (continued)

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Project List (continued)