Subsea Europe Presentation 15/11/11 Rob Bain Managing Director

18 November 2011

Subsea Game-Changer Technologies

Paradigm Flow Solutions

Company Introduction

• Part of the Paradigm Group B.V.

• HQ in UK (Aberdeen) with facility in Houston for GOM

• Management have extensive experience with super majors

• Commercialized 6 unique offshore technologies;

• 4 technologies successfully implemented in North Sea

• 2 technologies to be implemented within next 3 months

• Additional technology to be developed and commercialized via JIP

• Niche and specialist service company underpinned with innovative

technology and quality service

High Performing Company using Exceptional People

Mission & Vision

Mission

• To maximize Operator’s system

uptime and throughput as a result of

pipe work blockages and restrictions

Vision

• To be the leading service company

offering specialist technologies for

prevention, detection and removal

of blockages and restrictions within

all offshore systems.

Customer Focussed – Solutions Driven

Compliance

2 Primary Business Streams

Safeguarding

Asset

Integrity

• Safety Critical Systems

• Firewater Deluge

• Subsea Chemical Injection

Production / Flow

Enhancement

• Subsea Systems

• Pipelines

• Topsides Processes

$

Value

Focussing on Operator’s Highest Priorities

• Deluge systems

• Fire mains

• Drains & utilities

• Hydrocarbon pipework

• Valve cavities

• Heat Exchangers

• Overboard Caissons

What We Do

Subsea Topsides Other

• Risers

• Flowlines

• Pipelines

• Umbilicals

• PLET’s

• Manifolds

• Trees

Prevent, detect and remove blockages & restrictions within all offshore systems

• Drilling rigs cement lines

• Onshore refineries

• Chemical cleaning

• Liquid gel pigging

• Specialist Shutdown

Services

Tackling Offshore’s Toughest Blockages

Production / Flow Enhancement

Safeguarding Asset Integrity

Services and Technologies

Background to Subsea Blockages

Blockages occur in subsea systems: • Complex reservoir conditions and fluids • Challenging conditions (water depth, tie-

back distance, temperature, etc) • Ageing equipment / human error

Typical Locations of Blockages

Flowlines and Pipelines

Chemical Injection Umbilicals

Production Risers

Manifolds

Blockage Effect:

• Prevents delivery of critical chemicals to subsea facilities

• Wax / Scale / Asphaltene or hydrates can severely affect production

• Significant loss of revenue

Current Remediation Methods:

• Historically state of the art is ineffective

• Intervention with ROV/Diver – expensive

• Subsea intervention to replace blocked equipment – very expensive

Paradigm was established to resolve these problems at the heart of the subsea industry

Value Proposition - Subsea

Comparative

Analysis

Paradigm

Technologies

Pressure cycling Subsea

Intervention

Equipment

replacement

Intervention costs

(L/M/H)

L LOW MEDIUM HIGH

Effectiveness of repair (H/M/L) H LOW MEDIUM HIGH

Quick to implement

(typical time)

YES

(7-14 d)

YES

(7-14 d)

NO

(30 – 60d)

NO

(6-18 m)

Low HSE exposure YES YES NO NO

Suppliers Paradigm Large integrated

service

companies

Underwater

Contractors

Underwater

Contractors and

equipment

suppliers

Bridging the technology gap by providing cost and time efficient blockage remediation solutions, with significantly reduced HSE exposure.

Technologies for Subsea Flowline Blockage

Flow oscillation method for non-

intrusive removal of blockages in

umbilicals, flowlines, and process

pipework

Accurate and instantaneous location of

blockages within subsea umbilicals

and flowlines

Case Study – Unblocked Subsea Flowline

Client Confidential (Super Major) Asset Located in UKCS Distance 16km from host platform Problem Flowline blocked with sand and wax for 10 months Impact Loss of production (3000 bbls/d) Solution Blockages cleared and line flushed within 2.5 days of Pipe-Pulse operations

Animation

Find-Block

• Can detect blockages over 20 miles from host platform

• Accuracy of 1m/km, can be improved if valves in system can be closed to calibrate signals

• Based on Time Deflection Reflectometry (TDR) principle of measurement

• Requires less than 5% gas volume in line – which Paradigm can achieve

• Reflected signals can determine type of blockage

Clients

Summary

Value-adding service for Operators:

• Re-establish and/or increase productivity

• Safeguard asset integrity

Significant benefits over conventional techniques:

• Majority of services can be applied online without affecting

system uptime

• Significantly cost-effective

• Reduced HSE exposure

• Rapid response

Offshore Game-Changer Technologies

Paradigm Flow Solutions

Thank You

Contact Details: Rob Bain Managing Director rob.bain@paradigmflow.com +44 (0)1467 631234