KR Offshore Inc. 2

KR Offshore Inc.

1. Introduction

2. Company History

3. Company Organization

4. Business cooperation

5. Business Core

6. Project Reference

7. Company License

8. Company Location

KR Offshore Inc. 3

Introduction

Since the establishment of our business in 1998. KR ENC CO., LTD. has been renowned and top ranked for our

expertise in the fields of Salvage / Wreck Removal, Overseas Towing.

Marine Transportation. Heavy Weight Cargo Handling.

Contaminated Sediment Dredging. Dredging, Offshore & etc.

As the world situation changing rapidly . It is inevitable to develop

And improve our technical know-how & vessel / equipment to cope with such innovations. And along with our

business developments. Our staffs are kept highly trained and skilled in these fields of marine business with

vast experience.

Furthermore. To ensure the maximum environmental preservation

And meet customer’s needs. We will make best endeavor for a prompt react against possible marine accident

and to improve marine environment.

With promising the best of us,

KR Offshore Inc.

KR Offshore Inc. 4

Company History

1988 February 12. Established “ THE KOREA SALVAGE CO., Ltd” (Amount of capital fund : USD 220,000) 1999 April 28. Obtained a “business license of marine brokerage” 2009 September 9. Obtained a “business license of contaminated sediment dredging 2009 September 26. Increased capital fund (USD 400,000) 2010 March 3. Officially commended a honest taxpayer by NTS 2011 JUNE 3. Established “ KR ENC CO., Ltd ” as joint venture company with Korea salvage and Kojimagumi 2012 May 1. Established “ KR DREDGING CO, LTD “

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Company Organization

CEO

Management

-Accounting

-Financing

-HR

-General Affairs

-Detail & Production

Design

-Comm. Procedure

-Operation Manuel

-Upgrade/Conversion

-Marine & Utility Sys

-Drilling System

-Purchase

-Vessel Management

-Safety Control

-Technical Department

-Local Total

Customer Service

for Owner & Vendor

-Material Supply

Service

Engineering Commissioning Management

Department

Total Customer Service

HSE

Branch

-Japan(Tokyo)

-Japan(Osaka)

QA/QC

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Business Core

• Resourcing of manpower

• Procurement

• Offshore support service

• Dredging

• Insurance Brokerage

• Engineering service

• Drilling rig tool

KR Offshore Inc. 7

Resourcing of manpower

KR Offshore goal is to support business success for our customer through quality activities. in relation with the equipment fabrication in the power plant, petrochemical plant and offshore plant. Our value is measured by customer’s success. For this goal KR Offshore maintains quality engineers and technical specialists having a lot of experience. and specialized capability and also continuously trains their ability. Finally we will provide customer satisfaction.

KR Offshore will help customer to SAVE - Cost, time and confidence

CONTROL - Failure Prevent, quality and schedule

IMPROVE - Process, system and Sub contractor

HSE Policy SQM pays strict attention to HSE. We promote good safety practice and encourage all employees to participate in safety program. And all employees comply with HSE laws and regulations regarding our works and activities.

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Offshore Support Service

• FAST CREW SUPPLIER

• PLATFORM SUPPLY VESSEL

• ANCHOR HANDLING TUG SUPPLIER

• SAFETY STANDBY VESSEL

• MULTI PURPOSE VESSEL

• WELL STIMULATION VESSEL

• OFFSHORE CARRIER

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Dredging

• GRAB DREDGER

• DIPPER DREGGER

• ANCHOR SHIP AND TUG BOAT

• PUMP REDGER

• SURVEY SHIP

• BARGE

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Dredging Vessel List

SHIP NAME STANDARD CAPACITY REMARK

GRAB DREDGER

GIANT 18㎥ 2,200 HP JAPAN

HAPPY-G7 6㎥ 535 HP JAPAN

HAPPY-G17 13㎥ 1,530 HP JAPAN

HAPYY-G18 16㎥ 1,600 HP JAPAN

KR18 18㎥ 2,000 HP JAPAN

KR20 20㎥ 1,100HP JAPAN

KR36 36㎥ 1,650HP JAPAN

KR56 56㎥ 2,550HP JAPAN

KR200 200㎥ 3,250HP JAPAN

DIPPER DREDGER HAPPY-5 5㎥ 630 HP HITACH EX 1100

HAPPY-6 6㎥ 400 HP X 2EA HITACH UH50

UNDERWATER BACKHOE KR-B1 0.5㎥ 180 HP HITACHI

ANCHOR SHIP

AND

TUGBOAT

A-1 ANCHOR 750 HP X 1기 JAPAN

A-2 ANCHOR 700 HP X 2기 JAPAN

A-3 TUGBOAT 425 HP X 2기 KOREA

A-5 TUGBOAT 1,500 HP KOREA

PUMP

REDGER

KR-4001 4,000 HP KOREA

KR-4002 425 HP AMERICA

KR-4002 425 HP AMERICA

SURVEY SHIP OFFSHORE EXPO 630 HP Multi-Beam(SeaBat8125) Echo-Sounder(Knudsen)

HOLD BARGE

AND

SPLIT BARGE

HAPPY-1 850㎥ BARGE

HAPPY-2 850㎥ BARGE

HPPAY-SB1 650㎥ Split

HAPPY

SB1200 1,200㎥ Split

HAPPY

SB1201 1,000㎥ Split

KR Offshore Inc. 11

Elevator

Tong

Rotary slip

Series of Die and insert

NJY-B Torque Sensor

Safety Clamps

Pneumatic Slips

Roller Kelly Bushings

Master Bushings

Master Bushing Accessories

Casing Bushing

Type QQP pneumatic Spiders

Hinged Casing Spiders

Bit Breaker

ELEVATOR

DDZ TD DD(TA) CENTER LATCH SLIP CASING Y-SLIP SUCKER ROD ELEVA SP AUXILIARY CDZ SERIES DRILL PIPE CD SERIES SIDE DOOR

TONG B MANUAL SB MANUAL AAX MANUAL C MANUAL WWB MANUAL WWC MANUAL CASING DB MANUAL SDD MANUAL LF MANUAL WELL SERVICING

ROTARY SLIPS FLAKE SD DCS DRILL COLLAR CMS CASING SLIPS CASING SLIPS

Drilling Rig tool

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[FIT-UP] [PAINTING] [WELDING]

[Pressure Vessel] [Power Plant Package]

Auto Welding Products

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Advantage of Automatic Welding

- Saving of 20 ~ 30% production time

Edge preparation by machining – Faster and accurate

Fit-up by dedicated special purpose machine – Less tolerance

FC/SA Welding on Fill pass & Cap pass welding – Higher production

Higher Performance in production

- Approx. 20~30% labor reduction

Less direct / indirect cost for the labor

Less number of Labors

- Approx. 10~20% cost reduction

Less cost per Dia_Inch than manual welding production

Minimized labor with productivity increased

Less cost for production

- Less welding defect rate

Improved production quality by standardization of weld preparation

by mechanization

Guaranteed consistency in welding quality

Improved welding quality

KR Offshore Inc. 14

SMAW

Process Deposition Rate

(g/min) Arc Rate

(%) Efficiency

SMAW 30 20 1

S.A. FCAW 60 25 2.5

S.A. FCAW 1GR 60 35 3.5

Auto FCAW 70 50 5.8

SAW 120 50 10

S.A. FCAW Auto FCAW SAW

Comparison of Fill&Cap Pass Welding

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Process Edge Preparation Fit-up Root Welding Main Welding

Conventional Process

Grinding Manual Jig GTAW Welding SMAW Welding

Auto Welding Process Beveling

Internal or External Clamp

GTAW or GMAW Welding FCAW Welding

Photo

Advantages

Easy Fit-up

Improvement

Welding Quality

Reduction of

Fit-up Time

Improvement Welding Quality

Higher Welding

Productivity & Quality

Higher Welding

Productivity & Quality

Non Skilled Welder

Comparison of Welding Process

KR Offshore Inc. 16

Ditching

(Rock)

Padding Ditch

Bottom Stringing Bending Beveling

Line-up

(Fit-up)

GT/GMAW

(Hot Pass)

FCAW

(Fill & Cap)

NDT & Repair of Welding

Coating

Inspection & Repair of

Coating Laying Padding

Hydrostatic Testing

Clean-Up & Landscaping

Welding Cabin

Working Procedure – Pipe line

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Working Procedure – Pipe line

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Project Reference

P R O J E C T YEAR OF BUILT Customer

EXXON MOBIL OIL PIPE SPOOL (EASTAREA) TOTAL PIPE SPOOL

2009 Samsung Heavy Industries

Philippine NAGA Power plant 2010 SHILOH International

POSCO Power INI ISM Power Plant External Piping 2011 POSCO

EMAL Phase II CCPP External Piping #32, #41, #51, #52 2012 SAMSUNG C&T

SAUDI ARMCO 2013 ARAMCO

[Power Generation] [Pipe Rack] [Seawater Treatment] [Oil Separation]

KR Offshore Inc. 19

Photos of Construction Site

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Company Patent

KR Offshore Inc. 21

Certificate of Authority to use the Official API

Monogram License Numbers

7k-0146

API License

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Houston Office / Ware House #4611 N. Sam Houston Pkwy East Houston, TX 77032 U.S.A T. +1-713-574-7642 F. +1-713-993-7752

International Location

Seoul Office #232, Daeryung Post tower 6-cha, Gasan Dong, Geumcheon Gu, Seoul, South Korea Tel: +82-2-2083-5777 Fax: +82-2-2083-5779 Busan Office #301, Marine Officers’ Bldg., 1212-7, Choryang Dong,Dong gu, Busan, South Korea Tel: +82-51-441-0801~3 Fax: +82-51-441-9786