News Release

July 23rd,2012

Nippon Steel Engineering Co., Ltd.

Completion of the Booster Compressor Platform Project in Myanmar

for Petronas Carigali Myanmar

The Marine Engineering & Construction Division of Nippon Steel Engineering Co., Ltd.

(president: Makoto Takahashi), which was awarded the order from Petronas Carigali

Myanmar, undertook the entire construction, including design, procurement, manufacturing

and commissioning, of one natural gas Booster Compressor Platform (total weight 13,708t)

with connection bridge (approx. 760t) in the Yatagun area in Myanmar. The project was

successfully completed with no accidents, and an inauguration ceremony was held at the

Traders Hotel in Yangon on Friday May 4th.

In the construction of the platform, which has one of the largest superstructures undertaken

by our company to date, our subsidiary TNS/Thailand(※1) executed the design, procurement,

manufacture of the superstructure and commissioning, and the jacket was manufactured by

NS-BATAM/Indonesia (※2). No accidents occurred during the execution of the project. At

the inauguration ceremony, Mr. Abdullah Karim, President of Petronas Carigali, delivered

an address congratulating us on our high-quality, on-schedule and accident-free construction

work.

(※1)TNS: Thai Nippon Steel Engineering & Construction Corp., Ltd.

(※2)NS BATAM: P.T. Nippon Steel Batam Offshore Service

Our company intends to aggressively enter the Myanmar market, where

energy-development demand is expected to rise in future, and with the experience gained

through the successful completion of this project, we intend to focus our attention on

prospective large-scale offshore projects.

1. Overview of the Booster Compressor Platform:

(1) Location: Yatagun area, Myanmar

①Location : Offshore approximately 200km of Myanmar in the Andaman Sea

②Operator and main investor : Petronas Carigali Myanmar Corporation(financed

with 40.91%) *Other main investors-Myanmar Oil and Gas Enterprise(20.45%), JX

Nippon Oil & Energy Corporation(19.32％)

③Other : The natural gas produced in the mine lot is exported to the Thai country

by bottom of the sea pipeline.

(2) Summary of the Booster Compressor Platform

① Weight of the Platform

Jacket: 4,527 tons; Topside: 6,251 tons; Pile: 2,930 tons

② Main process equipment

Separator: separates fluids from the well into gases, water and

condensates.

Gas Cooler: a shell-and-tube type heat-exchanger that cools fluids from

the well and compressed gases from the Booster Compressor. (Seawater

cooling)

Gas Turbine Compressor (250MMscfd x 3): equipment that

compresses gases from the Separator.

Gas Turbine Generator (5.15MW x 1): an AC generator that is the main

source of power for the various equipment and facilities on

the Platform.

(3) General view of the plant

2. Inauguration ceremony:

(1) Date: Friday, 4 May 2012

(2) Venue: Traders Hotel, Yangon

(3) Main attendees:

Petronas Carigali Mr. Abdullah Karim (President/8th from the left)

Myanmar Oil and Gas Enterprise Mr.Kyaw (General Manager/7th from the left)

PTTEP International Limited Mr. Kanok(Myanmar Resident Mgr/6th from the right)

PC Myanmar (Hong Kong) Limited Mr. Kamaruzaman (Project Manager/8th from the

right)

PC Myanmar (Hong Kong) Limited Mr. Ahamad Lutpi (General Manager/7th from the

right)

Nippon Steel Engineering Co Ltd Mr. Nishimura (Director/5th from the right)

Thai Nippon Steel Nippon Steel Engineering & Construction Corp., Ltd. Mr.

Ishiwa(Managing Director/3th from the left)

(4) Photograph showing the main attendees at the ceremony.

For more information, please contact:

Nippon Steel Engineering Co.,Ltd.

https://www.nsc-eng.co.jp/english/ask/