Global Support Vessel Monthly

February 2012

GLOBAL SUPPORT VESSEL MONTHLY

February 2012

OFFSHORE RESEARCH REPORT

REPORT OVERVIEW
Table of Content
Spot Chartering North Sea Day Rates .

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Term Chartering North Sea Day Rates . . . . . . South America Day Rates .. . East- and West-Africa Day Rates US Gulf Day Rates . . . . . . . . Southeast Asia Day Rates . . .

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Second-Hand Values PSV & AHTS Levels . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . page 7

Newbuilding Activity PSV & AHTS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . page 8

Global Fleet Fleet Development . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . page 9 Fleet Locator . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . page 9

Demand Indicators Oil and Gas Prices . . . . . . . . . . . . . . Crude Oil Supply and Demand . . . . . . . World Economy - Real GDP Growth .. . Rig Activity . . . . . . . . . . . . . . . . . . .

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North Sea Fleet Activity Supply, Demand and Utilization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . page 11 AHTS & PSV Activity Overview . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . page 12 Recent Fixtures, Extensions and Outs. Req. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . page 13

RS Platou Offshore Contact Details

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RS Platou Offshore Research

Mikal Formo Asplin +47 23 11 27 53 mikal.asplin@platou.com Brd Thuen Hgheim +47 23 11 27 42 baard.hoegheim@platou.com Sven Ziegler +47 23 11 25 32 sven.ziegler@platou.com

While care has been taken in good faith to ensure that the information in this report is accurate and complete, it is intended to be used as a general guide and not to be relied upon as a definitive source. RS Platou ASA cannot accept any responsibility whatsoever for direct or consequential losses arising from the use of this document or its contents even in the event of errors. This report is confidential and the reproduction, distribution and/or republication of this report or its contents is strictly forbidden without prior and express approval from RS Platou ASA. Unauthorized reproduction, distribution and/or republication of this publication will be subject to legal action.

RS Platou ASA

page 2

GLOBAL SUPPORT VESSEL MONTHLY

February 2012

OFFSHORE RESEARCH REPORT

NORTH SEA SPOT CHARTERING

Despite a decrease in day rates in most segments during the start of this year it is very important to highlight the difference between January 2011 and January 2012. It is a far stronger start to the year for owners that it has been in recent times. The main reason for the stronger start to 2012 is the relatively strong ending to the last quarter of 2011. There was steady rig move activity on both sides of the water in January but very rarely was the market stressed due to availability. Large PSVs have been in the highest demand at the start of the year and this has been reflected in average day rates showing a slight increase from the previous month.

AHTS DAY RATES

FY Ave GBP Rates AHTS 10-15,999 BHP AHTS 16,000+ BHP 2009 15,731 20,592 FY Ave 2010 14,966 17,935 FY Ave 2011 21,289 32,835 YTD Ave 2011 5,594 8,440 YTD Ave 2012 10,518 17,921 Prior 3 Months 14,788 23,483 3 Month MA % Change 48.3 % 52.1 % Dec 2011 17,500 30,194 Jan 2012 10,518 17,921 1 Month % Change -39.9 % -40.6 %

North Sea AHTS Fixtures per Week vs Spot Rate

GBP '000 160 140 120 100 80 60 40 20 2Q 10 3Q 10 Fixtures 4Q 10 1Q 11 2Q 11 3Q 11 4Q 11 1Q 12 Fixtures 50 45 40 35 30 25 20 15 10 5 -

North Sea AHTS Spot Market - Annual Averages

GBP '000 70 60 50 40 30 20 10 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 16,000+ BHP 10-15,999 BHP

16,000+ BHP

10-15,999 BHP

PSV DAY RATES

FY Ave GBP Rates PSV 500-899 m2 PSV 900+ m2 2009 5,984 8,999 FY Ave 2010 12,243 16,062 FY Ave 2011 11,198 16,269 YTD Ave 2011 3,400 7,958 YTD Ave 2012 7,400 10,258 Prior 3 Months 8,686 11,507 3 Month MA % Change 17.5 % 20.8 % Dec 2011 8,274 10,221 Jan 2012 7,400 10,258 1 Month % Change -10.6 % 0.4 %

North Sea PSV Fixtures per Week vs Spot Rate

GBP '000 45 40 35 30 25 20 15 10 5 2Q 10 3Q 10 4Q 10 Fixtures 1Q 11 2Q 11 900+ m2 3Q 11 4Q 11 1Q 12 Fixtures 45 40 35 30 25 20 15

North Sea PSV Spot Market - Annual Averages

GBP '000 35 30 25 20 15 10 10 5 5 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 900+ m2 500-899 m2

500-899 m2

RS Platou ASA

page 3

GLOBAL SUPPORT VESSEL MONTHLY

February 2012

OFFSHORE RESEARCH REPORT

TERM CHARTERING - NORTH SEA

Overview Its quite remarkable how the dawning of a New Year has changed the sentiment of the North Sea PSV term market. Activity was slow and limited during the last couple of months of 2011; whilst in complete contrast the first couple of months of 2012 have turned in to a chartering frenzy. Most of the demand is emanating from short to medium term requirements for drilling, and is supplemented by some pipe lay support work that will last for 2 3 months. All the activity has given owners confidence a real boost, and like several past years, we see significant differences between term rate aspirations and current spot rate reality. As much of the activity will be seasonal, and there will be a steady stream of newbuild PSVs delivering over the coming months, the underlying strength may be tested during the latter half of 2012. The eventual outcome may largely be dictated by the level of demand arising from other areas. North Sea AHTS Average Term Fixture Rates
FY Ave GBP Rates AHTS 8-9,999 BHP AHTS 10-15,999 BHP AHTS 16-19,999 BHP AHTS 20,000+ BHP
GBP '000 45 40 35 30 25 20 15 10 5 0 00 01 02 03 04 05 06 07 08 09 10 11

FY Ave 2011 9,646 12,463 20,250 28,542

YTD Ave 2011 9,000 11,000 17,000 25,000

YTD Ave 2012 9,750 13,000 23,000 32,500

Dec 2011 9,750 13,000 22,500 30,000

Jan 2012 9,750 13,000 23,000 32,500

GBP '000 45 40 35 30 25 20 15 10 5 0

2010 8,917 11,625 16,083 23,250

8-9,999 BHP 16-19,999 BHP

10,000+ BHP 20,000+ BHP

10-15,999 BHP

North Sea PSV Average Term Fixture Rates

FY Ave GBP Rates PSV 500-749 m2 PSV 750-899 m2 PSV 900+ m2
GBP '000 30

FY Ave 2011 12,417 13,875 17,563

YTD Ave 2011 10,500 13,000 16,000

YTD Ave 2012 12,500 13,500 18,000

Dec 2011 12,000 13,000 17,250

Jan 2012 12,500 13,500 18,000

GBP '000 30

2010 10,021 12,008 14,917

North Sea Term Contract Activity

No of Vessels 180 160 140 120 100 80 60 40 20 0 00 01 02 03 04 05 06 07 08 09 10 11 PSV vessels on Term contract in the North Sea AHTS vessels on Term contract in the North Sea

25

25

20

20

15

15

10

10

0 00 01 02 03 04 05 06 07 08 09 10 11

1,500 - 2,199 dwt 750-899 m2

500-749 m2 3,100+ dwt

2,200 - 3,099 dwt 900+ m2

RS Platou ASA

page 4

GLOBAL SUPPORT VESSEL MONTHLY

February 2012

OFFSHORE RESEARCH REPORT

TERM CHARTERING - SOUTH AMERICA (BRAZIL)

The Brazilian market is influenced by great expectations to the ongoing long term tenders from Petrobras, Brazil, which are calling for three different categories of AHTS (AHTS 12.000, AHTS 15.000TS, AHTS 18.000TS) as well as oil recovery vessels. It is expected that Petrobras might charter as many as 10 vessels in total for the AHTS tenders, and 6 vessels within the oil recovery category to fulfill their demand of operation. All AHTS has delivery within June 2012 while the OSRV has delivery in September 2012 and March 2013. Further on it is expected that Petrobras will publish a new tender for PSV 3000 as well as for a SESV ( subsea equipment support vessel) for installation of Christmas trees and subsea equipment. IOCs are maintaining high activity with new spot requirements as well as spot and term fixtures of both PSV and AHTS.

South America AHTS Average Term Fixture Rates

YTD Ave USD Rates AHTS 7,000 BHP AHTS 12,000 BHP AHTS 15,000 BHP AHTS 18,000 BHP AHTS 21,000 BHP
USD '000 70 60 50 40 30 20 10 0 02 03 04 05 06 07 08 09 10 11 7,000 BHP 18,000 BHP 12,000 BHP 21,000 BHP 15,000 BHP

South America PSV Average Term Fixture Rates

Jan 2012 USD Rates PSV 500-749 m2 PSV 900+ m2 YTD Ave 2011 24,500 30,500 YTD Ave 2012 30,000 34,000 Dec 2011 30,000 34,000 Jan 2012 30,000 34,000

YTD Ave 2012 21,000 31,000 42,000 47,500 64,000

Dec 2011 21,000 31,000 42,000 47,500 64,000

2011 19,000 27,000 36,500 39,000 54,000

21,000 31,000 42,000 47,500 64,000

USD '000 70 60 50 40 30 20 10 0

USD '000 40 35 30 25 20 15 10 5 0 02 03 04 05 06 07 08 09 10

USD '000 40 35 30 25 20 15 10 5 0 11

500-750 m2

900+ m2

TERM CHARTERING - EAST AND WEST AFRICA

The activity in Africa has continued where it left off in 2011, with increasing dayrates. The main focus continues to be on the strong need for DP II PSVs. Recent activity in the Nigerian market has been that Total is out for a large PSV for one year firm and also Transocean is searching for a medium PSV for 4 months to support the JU GSF Baltic. In Angola, Sonangol requires one medium size PSV to support the JU Perro Negro 6 for 1-2 months operation. The main talking point in Ghana is that Hess has fixed a PSV, and may take another, at elevated rate levels to support the DS Stena Drillmax. ENI Mozambique is currently outstanding in East Africa for a medium sized PSV for one year with March delivery. Although, there is less activity in the AHTS market than the PSV market, the AHTS market has remained stable with Perenco Gabon entering the market for three 60 tonnes BP AHTS to support JU Trident VIII. West Africa AHTS Average Term Fixture Rates
YTD Ave USD Rates AHTS 5,150 BHP AHTS 10,000 BHP AHTS 12,000 BHP AHTS 16,000 BHP
USD '000 50 45 40 35 30 25 20 15 10 5 0 02 03 5,150 BHP 04 05 06 07 08 09 10 11 16,000 BHP

West Africa PSV Average Term Fixture Rates

Jan 2012 11,500 16,500 19,500 28,500
USD '000 50 45 40 35 30 25 20 15 10 5 0

YTD Ave 2012 11,500 16,500 19,500 28,500

Dec 2011 11,500 16,750 20,000 28,500

YTD Ave USD Rates 2011 16,000

YTD Ave 2012 25,000

Dec 2011 23,500

Jan 2012 25,000

2011 10,000 13,750 16,250 17,500

2 3 4 6

PSV 500-750 m2

USD '000 40 35 30 25 20 15 10 5 0 02 03 04 05 06 07 08 09 10

USD '000 40 35 30 25 20 15 10 5 0 11 500-749m2

10,000 BHP

12,000 BHP

RS Platou ASA

page 5

GLOBAL SUPPORT VESSEL MONTHLY

February 2012

OFFSHORE RESEARCH REPORT

TERM CHARTERING - US GULF

US Gulf of Mexico (US GoM) has commenced 2012 with the highest level of deepwater activity since the Macondo incident in April 2010. Activity is currently underway with 36 drilling units at locations operating in water depths exceeding 1000ft/305m. This activity is being conducted by 17 E&P companies, with Shell & BP accounting for nearly 38% of the activity. Current demand for deepwater tonnage vs. available supply has contributed to rising day rates and higher utilization within the premium supply vessel sector. This trend is expected to continue throughout 2012. Smaller shelf market tonnage has realized only a slight increase in both rates and utilization over recent months, but it is expected market conditions will improve for operators of this tonnage as increase in seasonal charters start in early spring.

US Gulf PSV Average Term Fixture Rates

YTD Ave USD Rates PSV 500-749 m2 PSV 750-899 m2 PSV 900+ m2
USD '000 45 40 35 30 25 20 15 10 5 0 06 07 500-749 m2 08 09 750-899 m2 10 11 900+ m2

US Gulf AHTS Average Term Fixture Rates

Dec 2011 9,925 Jan 2012 9,975 21,120 31,500
USD '000 45 40 35 30 25 20 15 10 5 0

YTD Ave 2012 9,975 21,120 31,500

YTD Ave USD Rates AHTS <8,000 BHP AHTS 8-11,999 BHP AHTS 12,000+ BHP 2011 -

YTD Ave 2012 11,750 16,550 47,500

Dec 2011 11,750 16,550 46,500

Jan 2012 11,750 16,550 47,500

2011 9,111 16,750 21,543

20,750 30,750

TERM CHARTERING - SOUTHEAST ASIA

Several tenders and market surveys in both Asia and Australia remain uncovered at present. A significant amount of smaller vessels remain available in the region whilst the availability of sophisticated vessels is more restricted, although some newbuilds are due for delivery within Asia over the coming months. On the large AHTS side the UOS Columbia and Skandi Pacific are still in Vietnam supporting the SS Ocean Monarch. Thereafter the rig undergoes maintenance before beginning a 4 year commitment with Niko Resources in Indonesia from mid 2012. Niko has issued a tender for two large AHTS and one large PSV to support their operations with submissions due in Mid February. MPRL has committed the AHTS vessels Executive Honour and Executive Pride on a 60 day charter offshore Myanmar in support of the SS Doo Sung. Upon completion of this commitment the rig will work in Sakhalin for the season. The Executive Honour has recently been working in Malaysia on behalf of Petronas. The PSV Toisa Serenade is still with Shell Malaysia until March with possible options supporting Seadrill's JU Offshore Courageous. The ROV Toisa Wave remains uncommitted and is available ex Singapore. Murphy meanwhile has the large PSVs Greatship Maya and Pacific Hawk on short term contracts. Also, in Malaysia, both the AHTS vessels Maersk Supplier and Maersk Seeker are soon to finish their Charter with the SS Atwood Falcon for Shell Sarawak. The large PSV Stanford Hobby has now been delayed slightly untill the end of February in China. Also, the newbuild PSV OOC Leopard shall be delivered in April 2012 from Italthai Shipyard in Bangkok and is available thereafter. The sister vessel OOC Tiger is due to deliver from the same yard later in the year.

SE Asia AHTS Average Term Fixture Rates

YTD Ave USD Rates 2011 8,000 9,131 10,435 13,000 14,000 YTD Ave 2012 9,000 10,000 11,750 14,500 18,000 Dec 2011 9,000 10,000 11,750 14,500 17,000 Jan 2012 9,000 10,000 11,750 14,500 18,000
USD '000 45 40 35 30 25 20 15 10 5 0 02 03 04 05 06 07 7,000 BHP 12,000 BHP 08 09 10 11

# # # # #

AHTS 5,000 BHP AHTS 7,000 BHP AHTS 8,000 BHP AHTS 10,000 BHP AHTS 12,000 BHP
USD '000 45 40 35 30 25 20 15 10 5 0

5,000 BHP 10,000 BHP

8,000 BHP

RS Platou ASA

page 6

GLOBAL SUPPORT VESSEL MONTHLY

February 2012

OFFSHORE RESEARCH REPORT

SECOND-HAND VALUES
AHTS Second-Hand Market Small AHTS Overview
YTD YTD 2012 9.5 12.0 16.0 18.0 17.3 22.5 23.5 29.0 Jan 2011 10.0 12.8 16.5 19.0 18.5 24.0 23.5 29.0 Dec 2011 9.5 12.0 16.0 18.0 17.3 22.5 23.5 29.0 Jan 2012 9.5 12.0 16.0 18.0 17.3 22.5 23.5 29.0 1 year % change -5.0 % -5.9 % -3.0 % -5.3 % -6.8 % -6.3 % 0.0 % 0.0 %

Small AHTS Value Development

USDm 35 USDm 35 30 25 20 15 10 5 0 09 5,000 BHP, 5 years ols 8,000 BHP, 5 years old 10,000 BHP, 5 years old 10 11 5,000 BHP, RESALE 8,000 BHP, RESALE 10,000 BHP, RESALE

# # # # # # # #

Size 5,000 BHP 5,000 BHP 7,000 BHP 7,000 BHP 8,000 BHP 8,000 BHP 10,000 BHP 10,000 BHP

Age 5 yrs old RESALE 5 yrs old RESALE 5 yrs old RESALE 5 yrs old RESALE

2011 10.0 12.8 16.5 19.0 18.5 24.0 23.5 29.0

3 2 5 4 7 6 9 8

30 25 20 15 10 5 0

Numbers in USDm

Medium & Large AHTS Overview

YTD YTD 2012 15.5 31.0 29.0 54.0 45.0 85.0 Jan 2011 14.0 29.0 31.0 53.0 47.0 82.0 Dec 2011 13.0 30.0 30.0 55.0 45.0 86.0 Jan 2012 15.5 31.0 29.0 54.0 45.0 85.0 1 year % change 10.7 % 6.9 % -6.5 % 1.9 % -4.3 % 3.7 %

Medium & Large AHTS Value Development

USDm 90 USDm 100 90 80 70 60 50 40 30 20 10 0 02 03 04 05 06 07 08 09 10 11

2 3 4 5 6 7

Size 12,000 BHP 12,000 BHP 14,000 BHP 16,000 BHP 18,000 BHP 25,000 BHP

Age 1992 RESALE 1998 2006 1998 2000

2011 14.0 29.0 31.0 53.0 47.0 82.0

5 6 7 9 # #

80 70 60 50 40 30 20 10 0

Numbers in USDm

12,000 BHP, 1992 14,000 BHP, 1998 18,000 BHP, 1998

12,000 BHP, RESALE 16,000 BHP, 2006 25,000 BHP, 2000

PSV Second-Hand Market PSV Overview

YTD YTD 2012 18.0 28.0 25.0 58.0 Jan 2011 18.0 28.0 25.0 58.0 Dec 2011 18.0 32.5 24.0 58.0 Jan 2012 18.0 33.0 23.0 57.0 1 year % change 0.0 % 17.9 % -8.0 % -1.7 %

PSV Value Development

USDm 80 USDm 80 70 60 50 40 30 20 10 0 02 03 04 05 06 07 08 09 10 11

8 9 # #

Size UT 755-L UT 755-LN UT 745 1,000+ m2

Age 1998 RESALE 1996 RESALE

2011 18.0 28.0 25.0 58.0

# # # #

70 60 50 40 30 20 10 0

Numbers in USDm

1,000+ m2, RESALE UT 755-LN, RESALE

UT 755-L, 1998 UT 745, 1996

RS Platou ASA

page 7

GLOBAL SUPPORT VESSEL MONTHLY

February 2012

OFFSHORE RESEARCH REPORT

NEWBUILDING ACTIVITY
Supply Vessel Orderbook
Total AHTS 4-7,999 BHP AHTS 8-9,999 BHP AHTS 10-15,999 BHP AHTS 16-19,999 BHP AHTS 20,000+ BHP AHTS Total PSV <500 m2 PSV 500-749 m2 PSV 750-899 m2 PSV 900+ m2 PSV Total Total Orderbook * 133 15 35 26 14 223 33 52 52 136 273 496 2012 112 15 26 19 9 181 26 29 19 64 138 319 2013 20 0 7 5 4 36 7 20 23 46 96 132 2014+ 1 0 2 2 1 6 0 3 10 26 39 45
40 20 0 02 03 04 05 06 07 08 09 10 11 5,000 BHP 12,000 BHP 18,000 BHP (NOR TONNAGE) 8,000 BHP 14,000 BHP (NOR TONNAGE) 23,000+ BHP (NOR TONNAGE) 40 20 0

AHTS Newbuilding Prices

USDm 120 100 80 60 USDm 120 100 80 60

Supply Vessel New Orders

FY 2011 AHTS 4-7,999 BHP AHTS 8-9,999 BHP AHTS 10-15,999 BHP AHTS 16-19,999 BHP AHTS 20,000+ BHP AHTS Total PSV <500 m2 PSV 500-749 m2 PSV 750-899 m2 PSV 900+ m2 PSV Total Total New Orders * 76 6 16 6 4 108 13 24 35 74 146 254 YTD 2011 8 0 2 0 0 10 5 2 1 0 8 18 YTD 2012 14 0 0 0 0 14 0 3 4 0 7 21 Nov 2011 4 1 2 0 0 7 0 2 2 18 22 29 Dec 2011 0 0 3 0 0 3 0 4 0 1 5 8 Jan 2012 14 0 0 0 0 14 0 3 4 0 7 21

PSV Newbuilding Prices

USDm 80 70 60 50 40 30 20 10 0 02 03 04 05 06 07 08 09 10 11 USDm 80 70 60 50 40 30 20 10 0

500-750 m2 (NOR TONNAGE)

900+ m2 (NOR TONNAGE)

Supply Vessel Newbuildings by Country

Brazil AHTS 4-7,999 BHP AHTS 8-9,999 BHP AHTS 10-15,999 BHP AHTS 16-19,999 BHP AHTS 20,000+ BHP AHTS Total PSV <500 m2 PSV 500-749 m2 PSV 750-899 m2 PSV 900+ m2 PSV Total Total 6 0 0 0 4 10 2 8 2 18 30 40 China 83 5 3 8 2 101 16 14 13 27 70 171 India 0 5 2 0 3 10 12 7 4 2 25 35 Indonesia 3 1 13 0 0 17 0 0 3 0 3 20 Malaysia 9 0 3 0 0 12 0 2 5 0 7 19 Norway 0 0 0 0 2 2 0 1 11 31 43 45 Singapore 15 3 4 10 0 32 0 4 0 2 6 38 United States 2 0 3 0 0 5 0 0 0 39 39 44 Others 15 1 7 8 3 34 3 16 14 17 50 84 Total 133 15 35 26 14 223 33 52 52 136 273 496

*When presenting the newbuilding activity we only consider AHTS and PSV vessels. Vessels below 50m LOA are excluded from the fleet, as well as AHTS vessels below 4.000 BHP and PSV vessels below 1.000 dwt. NB: As newbuilding prices for the larger vessels reflects NOR tonnage and reported in USD, the NOK/USD exchange rate has an impact.

RS Platou ASA

page 8

GLOBAL SUPPORT VESSEL MONTHLY

February 2012

OFFSHORE RESEARCH REPORT

GLOBAL FLEET
Fleet Development
Jan 2011 AHTS 4-7,999 BHP AHTS 8-9,999 BHP AHTS 10-15,999 BHP AHTS 16-19,999 BHP AHTS 20,000+ BHP AHTS Total PSV <500 m2 PSV 500-749 m2 PSV 750-899 m2 PSV 900+ m2 PSV Total Total * 966 184 293 92 61 1596 329 424 68 168 989 2585 YTD Deliv. 9 2 5 2 0 18 3 2 1 8 14 32 0 0 0 YTD Scrap Jan 2012 1081 206 312 102 67 1768 370 424 72 201 1067 2835 1 year % change 11.9 % 12.0 % 6.5 % 10.9 % 9.8 % 10.8 % 12.5 % 0.0 % 5.9 % 19.6 % 7.9 % 9.7 %
Y-on-Y % change 20% 18% 16% 14% 12% 10% 8% 6% 4% 2% 0% 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 AHTS PSV Y-on-Y % change 20% 18% 16% 14% 12% 10% 8% 6% 4% 2% 0%

Global AHTS Fleet Locator

AVG. 2011 North Sea (incl. Barents/Baltic) South America North America West- and South-Africa Mediterranean Caspian Sea Middle East India Far East Australia and New Zealand Total * Jan 2011 Dec 2011 104 154 109 249 130 25 199 74 633 60 Jan 2012 104 151 110 256 133 25 204 77 646 62 1 month % change 0.0 % -1.9 % 0.9 % 2.8 % 2.3 % 0.0 % 2.5 % 4.1 % 2.1 % 3.3 % 1.8 %
India 4% Mediterranean 8% Middle East 12 % Caspian Sea 1% West- and SouthAfrica 14 % Far East 37 % North America 6% Australia and New Zealand 3% North Sea (incl. Barents/Baltic) 6%

South America 9%

1737 1768

Global PSV Fleet Locator

Dec 2011 North Sea (incl. Barents/Baltic) South America North America West- and South-Africa Mediterranean Caspian Sea Middle East India Far East Australia and New Zealand Total * 198 172 320 127 16 8 59 19 111 14 Jan 2012 202 174 332 127 16 8 60 21 112 15 1 month % change 2.0 % 1.2 % 3.8 % 0.0 % 0.0 % 0.0 % 1.7 % 10.5 % 0.9 % 7.1 % 2.2 %
West- and SouthAfrica 12 % North America 31 % India 2% Middle East 6% Caspian Sea 1% Mediterranean 2% South America 16 % Far East 10 % Australia and New Zealand 1%

North Sea (incl. Barents/Baltic) 19 %

1044 1067

*When presenting the global fleet we only consider AHTS and PSV vessels. Vessels below 50m LOA are excluded from the fleet, as well as AHTS vessels below 4.000 BHP and PSV vessels below 1.000 dwt.

RS Platou ASA

page 9

GLOBAL SUPPORT VESSEL MONTHLY

February 2012

OFFSHORE RESEARCH REPORT

DEMAND INDICATORS
Oil and Gas Prices
YTD USD End Month Brent Dated WTI Henry Hub 2011 96.5 89.2 4.5 YTD 2012 110.8 100.3 2.4 Dec 2011 108.0 98.6 3.2 Jan 2012 110.8 100.3 2.4 Demand in mbd OECD Non OECD World Oil Consumption Supply in mbd World Oil Production
USD 160 140 120 100 80 60 40 20 0 02 03 04 05 06 07 08 09 10 11 12 13 YOY WORLD (%) YOY 3M WORLD (%) WORLD (mbd) USD 16 14 12 10 8 6 4 2 0 Y-on-Y % Change 14 12 10 8 6 4 2 0 -2 -4 -6 65 02 03 04 05 06 07 08 09 10 11 70 75 80 90 85

Crude Oil Supply and Demand

YTD 2011 45.7 42.4 88.1 89.0 YTD 2012 #DIV/0! #DIV/0! #DIV/0! #DIV/0! 1 year % change #DIV/0! #DIV/0! #DIV/0! #DIV/0! Dec 2011 46.8 44.2 91.0 90.0
mbd 95

Brent Dated Spot Henry Hub Spot

Future Future

World Economy - Real GDP growth (%)

2011 Dec Jan 1.8 1.5 -0.7 9.2 3.6 7.3 4.6 4.0 3.8 2012 Dec 2.0 -0.2 2.0 8.3 3.4 7.7 3.8 3.7 3.5 Jan 2.1 -0.4 1.8 8.3 3.4 7.6 3.7 3.7 3.3 2.5 1.0 1.4 8.6 4.1 8.2 3.6 3.7 3.9 2013 Dec Jan 2.5 1.0 1.4 8.6 4.1 8.2 3.6 3.7 3.9
Annual % Change 5.0 4.8 4.6 4.4 4.2 4.0 3.8 3.6 3.4 3.2 3.0 Annual % Change 5.0 4.8 4.6 4.4 4.2 4.0 3.8 3.6 3.4 3.2 3.0

2 3 4 5 6 7 8 9 #

US EU Japan China Korea India South America Russia World

1.8 1.6 -0.5 9.2 3.6 7.4 4.3 4.0 3.8

2011 Year End

and 2012

2012 Year End

2013 Year End

NOTE: The graph presents 12 months historical estimates for the Annual GDP Growth in 2010, 2011

Rig Activity
Jackup Demand North Sea - UK North Sea - Other North Sea - Total US Gulf South America West-/South-Africa Pacific Rim India Middle East/East Africa Other Total Jan 2011 9 18 27 47 6 18 72 34 83 16 303 Jan 2011 14 21 38 31 64 26 27 16 202 505 Nov 2011 17 22 39 71 6 21 80 27 94 15 353 Nov 2011 13 23 42 35 72 32 26 16 223 576 Dec 2011 18 23 41 71 6 21 82 27 96 12 355 Dec 2011 11 23 38 35 73 32 28 17 223 578 1 month % change 5.9 % 3.4 % 4.5 % -0.5 % 0.0 % 0.0 % 1.8 % 1.9 % 1.5 % -20.0 % 0.5 % 1 month % change -17.9 % 0.0 % -9.2 % -0.2 % 1.9 % 0.0 % 7.9 % 6.3 % 0.2 % 0.4 %
No. of Rigs 400 350 300 250 200 150 100 50 0 02 03 04 05 06 07 08 09 10 11 No. of Rigs 400 350 300 250 200 150 100 50 0

Floater Demand North Sea - UK North Sea - Norway North Sea - Total US Gulf South America West-/South-Africa Pacific Rim Other Total Total Demand

Jackup Demand

Floater Demand

RS Platou ASA

page 10

GLOBAL SUPPORT VESSEL MONTHLY

February 2012

OFFSHORE RESEARCH REPORT

NORTH SEA - SUPPLY, DEMAND AND UTILIZATION

Total North Sea Fleet Overview North Sea Supply Vessel Fleet (AHT, AHTS & PSV)
300

Term AHT AHTS PSV Total 1 29 138 168

Spot 0 23 30 53

Avl. 6 21 11 38

Yard 2 6 5 13

Lay-Up 1 1 2 4

250 200 150 100

YTD AHT Demand Supply Utilization (%) AHTS Demand Supply Utilization (%) PSV Demand Supply Utilization (%) Total Demand Supply Utilization (%) 2011 4 11 36

YTD 2012 1 10 10

Jan 2011 4 11 36

Dec 2011 2 10 20

Jan 2012 1 10 10

1 year % change -75.0 % -9.1 % -72.5 %

50 0

2007 Term

2008 Spot Work

2009 Avl.

2010

2011 Yard/Lay-Up

Fleet Utilization
66 81 81 52 80 65 66 81 81 56 80 70 52 80 65 -21.2 % -1.2 % -20.2 %
100% 90% 80% 100% 90% 80% 70% 60% 50% 40%

166 179 93

168 186 90

166 179 93

164 186 88

168 186 90

1.2 % 3.9 % -2.6 %

70% 60% 50%

236 271 87

221 276 80

236 271 87

222 276 80

221 276 80

-6.4 % 1.8 % -8.1 %

40%

2007

2008 AHTS

2009 PSV

2010

2011 Total

Changes in the North Sea Supply Vessel Fleet January 2012

TYPE AHT AHTS AHTS PSV PSV PSV PSV PSV AHT AHT AHT AHTS PSV PSV NAME FAIRPLAY-32 BRAGE VIKING REM GAMBLER SKANDI WAVENEY F.D. REMARKABLE BLUE FIGHTER OLYMPIC COMMANDER NORMAND ARCTIC VM LEGEND BOA MIGHTY ERACLEA MAERSK TRAVELLER ASSO VENTICINQUE SKANDI FALCON SIZE 8,158 BHP 19,000 BHP 32,600 BHP 686 BHP 716 m2 deck 850 m2 deck 1,060 m2 deck 1,100 m2 deck 6,906 BHP 6,906 BHP 8,158 BHP 15,540 BHP 720 m2 deck 845 m2 deck IN/OUT IN IN IN IN IN IN IN IN OUT OUT OUT OUT OUT OUT TO/FROM COMMENT Newbuilding Newbuilding

Angola Brazil Newbuilding Newbuilding Newbuilding Newbuilding India Qatar United States Ghana Libya Australia

RS Platou ASA

page 11

GLOBAL SUPPORT VESSEL MONTHLY

February 2012

OFFSHORE RESEARCH REPORT

NORTH SEA SUPPLY VESSEL ACTIVITY - AHTS

AHTS North Sea Fleet Overview AHTS North Sea Fleet
100

10-15,999 BHP 16-19,999 BHP 20,000+ BHP Total

Term 14 10 5 29

Spot 6 3 14 23

Avl. 3 6 7 16

Yard 2 2 2 6

Lay-Up 1 0 0 1

90 80 70 60 50 40 30

10-15.999 BHP Demand Supply Utilization (%) 16-19.999 BHP Demand Supply Utilization (%) 20.000+ BHP Demand Supply Utilization (%) Total Demand Supply Utilization (%)

YTD 2011 17 23 74

YTD 2012 20 26 77

Jan 2011 17 26 65

Dec 2011 19 27 70

Jan 2012 20 26 77

1 year % change 17.6 % 0.0 % 17.6 %

20 10 0 2007 2008 2009 2010 2011

Term

Spot Work

Available

Yard/Lay-Up

17 22 77

13 21 62

17 22 77

15 20 75

13 21 62

-23.5 % -4.5 % -19.9 %

AHTS Fleet Utilization

100% 90% 100% 90% 80% 70% 60% 50% 40%

30 31 97

19 28 68

30 31 97

22 28 79

19 28 68

-36.7 % -9.7 % -29.9 %

80% 70% 60%

64 76 84

52 75 69

64 79 81

56 75 75

52 75 69

-18.8 % -5.1 % -14.4 %

50% 40%

2007

2008

2009

2010

2011

10-15.999 BHP

16-19.999 BHP

20.000+ BHP

NORTH SEA SUPPLY VESSEL ACTIVITY - PSV

PSV North Sea Fleet Overview PSV North Sea Fleet
200 180 160 140 120 100 80

500-749 m2 750-899 m2 900+ m2 Total

Term 36 14 88 138

Spot 14 8 8 30

Avl. 7 1 2 10

Yard 1 1 3 5

Lay-Up 2 0 0 2

500-749 m2 Demand Supply Utilization (%) 750-899 m2 Demand Supply Utilization (%) 900+ m2 Demand Supply Utilization (%) Total Demand Supply Utilization (%)

YTD 2011 57 66 86

YTD 2012 50 60 83

Jan 2011 57 66 86

Dec 2011 46 60 77

Jan 2012 50 60 83

1 year % change 14.0 % 10.0 % -3.6 %

60 40 20 0 2007 2008 2009 2010 2011

Term 23 25 92 22 24 92 23 25 92 22 25 88 22 24 92 -4.5 % -4.2 % -0.4 %

Spot Work

Available

Yard/Lay-Up

PSV Fleet Utilization

100% 90% 100% 90% 80% 70% 60% 50% 40%

85 87 98

96 101 95

85 87 98

95 99 96

96 101 95

11.5 % 13.9 % -2.8 %

80% 70%

165 178 93

168 185 91

165 178 93

163 184 89

168 185 91

1.8 % 3.8 % -2.1 %

60% 50% 40%

2007

2008

2009

2010

2011

500-749 m2

750-899 m2

900+ m2

RS Platou ASA

page 12

GLOBAL SUPPORT VESSEL MONTHLY

February 2012

OFFSHORE RESEARCH REPORT

NORTH SEA SUPPLY VESSEL ACTIVITY - RECENT FIXTURES

TYPE NAME 1 PSV REM FORTRESS 2 PSV BRAGE SUPPLIER 3 PSV BOURBON FRONT 4 PSV OCEAN PRIDE 5 PSV EDDA FREYA 6 PSV EDDA FRIGG 7 PSV BLUE FIGHTER 8 PSV ACADIAN SEA 9 PSV HAVILA FORTUNE # PSV F.D. REMARKABLE # PSV E.R. KRISTIANSAND # PSV STRIL ORION # PSV TROMS CASTOR # PSV EDDA FREYA # STBY ESVAGT ECHO # PSV SKANDI WAVENEY # PSV PORTOSALVO # PSV DURGA DEVI # PSV SBS TYPHOON # PSV SKANDI FOULA # PSV SKANDI RONA # STBY ESVAGT CONNECTOR # PSV HAVILA CLIPPER # PSV KL BROFJORD # STBY VOS OCEAN # PSV F.D. INDOMITABLE # PSV SOLVIK SUPPLIER # # # # # # # # # #

Recent Fixtures

SIZE 1,000 m2 1,000 m2 1,017 m2 901 m2 817 m2 906 m2 850 m2 868 m2 683 m2 716 m2 700 m2 1,040 m2 1,005 m2 817 m2 686 690 680 700 912 912 m2 m2 m2 m2 m2 m2

deck deck deck deck deck deck deck deck deck deck deck deck deck deck deck deck deck deck deck deck

805 m2 deck 1,102 m2 deck 716 m2 deck 1,005 m2 deck

CHARTERER ADTI UK ALLSEAS NL ALLSEAS NL ALLSEAS NL ALLSEAS NL ALLSEAS NL APACHE UK APACHE UK E.ON RUHRGAS AG ENQUEST UK ENQUEST UK MARATHON N MOG DK NORECO DK NORECO DK PETERSON NL PETERSON NL RWE DEA UK LTD RWE DEA UK LTD SHELL UK SHELL UK STATOIL FAROE STATOIL N STATOIL FAROE TALISMAN UK TAQA UK TOTAL UK

COUNTRY GBR NLD NLD NLD NLD NLD GBR GBR DEU GBR GBR NOR DNK DNK DNK NLD NLD GBR GBR GBR GBR NOR NOR NOR GBR GBR GBR

START 15.02.2012 01.04.2012 01.04.2012 01.04.2012 01.04.2012 01.04.2012 07.02.2012 15.01.2012 15.03.2012 15.02.2012 15.02.2012 15.03.2012 01.02.2012 03.02.2012 03.02.2012 20.01.2012 06.01.2012 01.03.2012 16.01.2012 01.04.2012 01.04.2012 15.05.2012 31.03.2012 15.05.2012 01.01.2012 15.02.2012 31.01.2012

PERIOD 6 Months 2 Months 2 Months 2 Months 2 Months 2 Months 12 Months 12 Months 3 Months 9 Months 9 Months 3 Months 2 Months 1 Month 1 Month 12 Months 12 Months 6 Months 4 Months 60 Months 60 Months 4 Months 6 Months 4 Months 3 Months 7 Months 2 Months

COMMENT SUPP. JU ROWAN NORWAY PIPEHAUL LAGGAN PIPEHAUL LAGGAN PIPEHAUL LAGGAN PIPEHAUL LAGGAN PIPEHAUL LAGGAN 1 YEAR FIRM + 1 YEAR OPT GEN.SUPP. SUPP. JU ENSCO 100 9 M FIRM + 2 X 3 M OPT 9 M FIRM + 2 X 3 M OPT SUPP. SS WINNER 60 DAYS FIRM + D/D 30 1 WELL JU M. RESOLVE (LUNA) STBY JU M. RESOLVE GEN.SUPP. 1 YEAR FIRM + 2 X 1 YEAR OPT 4 WELLS FIRM + 5 X 1 WELL OPT SUPP JU ENSCO 92 GEN.SUPP. GEN.SUPP. STBY DP SS COSL PIONEER OPT DECL GEN.SUPP. SUPP DP SS COSL PIONEER STBY 7 M FIRM + 2 X 1 M OPT 45 D FIRM + 2 X 1 WEEK OPT

Recent Extensions
# # # # # # # # # # # # # # # # TYPE PSV PSV PSV NAME HAVILA CRUSADER FAR SERVER GRAMPIAN EXPLORER SIZE 1,005 m2 deck 800 m2 deck 640 m2 deck CHARTERER BP N CONOCOPHIL. N MARATHON UK COUNTRY NOR NOR GBR START 23.02.2012 01.02.2012 01.02.2012 PERIOD 2 Months 2 Months 12 Months COMMENT SUPPLY DUTIES GEN.SUPP. GEN.SUPP.

Outstanding Requirements
TYPE STBY PSV PSV STBY STBY STBY STBY PSV PSV PSV PSV PSV PSV STBY CHARTERER BG UK BP UK CENTRICA UK CONOCOPHIL. N CONOCOPHIL. N EOG RESOURCES UK HESS UK MAERSK OIL UK PETERSON NL STATOIL N TALISMAN UK TOTAL UK WINTERSHALL N WINTERSHALL N

COMM. DATE 01.03.2012 01.03.2012 01.02.2012 15.06.2012 15.05.2012 09.04.2012 01.03.2012 15.03.2012 01.04.2012 01.03.2012 01.03.2012 01.03.2012 01.07.2012 01.07.2012

PERIOD 36 Months 2 Months 3 Months 1 Month 2 Months 2 Months 7 Months 2 Months 6 Months 2 Months 12 Months 36 Months 15 Months 15 Months

COMMENT ERRV DUTIES, 3 OR 5 YEARS SUPP DS STENA CARRON 5 MOS FIRM + 2X1M 1 PSV SUPP SSDR NTVL / 2 WELLS FIRM STBY DUTIES THIALF STBY DUTIES BALDER ERRV SEAFOX 1 - EAST IRISH SEA ERRV SS WILPHOENIX 10 WKS FIRM + 6 X 1 WK OPTS NTVL SUPPORT DP2 PSV FOR W2W 180 DS OR 18 MOS FIRM PSV 800-1000 M2, 6 MOS+2X6 OR 3 MOS+3 12 OR 15 MONTHS + OPTS - SEDCO 704 / 711 SUPP WEST PHOENIX WEST OF SHETLAND SUPP SS TO ARCTIC 10 W. FIRM+5 OPT W. STBY SS TO ARCTIC 10 W. FIRM+5 OPT W.

RS Platou ASA

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GLOBAL SUPPORT VESSEL MONTHLY

February 2012

OFFSHORE RESEARCH REPORT

A long tradition in serving the international marine industries

When Ragnar Stoud Platou established the company together with his nephew Hans Thomas Gram in 1936, the idea was to widen the scope of services that a shipbroking company could provide its clients. At that time, when most brokers were "jack of all trades", RS Platou specialized. This was particularly noteworthy in the sale and purchase of second-hand ships and in contracting of newbuildings, which have remained one of RS Platou's strengths throughout the years. Since oil was first discovered in the Norwegian sector of the North Sea, we have served the offshore oil and gas industry in the field of marine equipment. On many occasions, RS Platou has even been participated in developing new vessel designs, both in the shipping and offshore sectors, based on commercial requirements. Our policy is to constantly adapt our services to the changing needs of our clients. Seventy years among the world leaders in our field demonstrates that we have kept moving in the right direction.

The company today

The company today has a multinational staff of about 350 professionals with about 190 located at the headquarters in Oslo. Over the years, RS Platou has expanded with offices in Singapore, Houston, Moscow, Shanghai, Piraeus, Accra, Geneva, Rio de Janeiro, Dubai, Aberdeen and London. Due to our extensive international network and our frequent involvement in transactions within the shipping and offshore industries, we represent a considerable source of business opportunities. We have the necessary experience to assist in the screening of these opportunities for our clients, who will also benefit from our skills and knowledge in negotiations leading to a final contract. RS Platou actively works with many oil companies and industrial groups, both in covering their day-to-day transportation needs and in giving advice within our field of expertise on formulating strategy. RS Platou has pioneered computerised broker information systems, which provide instant up-date information to our brokers and clients.

Our business activities

Sale and Purchase Our sale and purchase team has maintained its position, as one of the leading brokers in the international shipping market. Estimating fair market values of shipping and offshore assets for owning and operating companies, major international banks and equity investors is an important activity for our sale and purchase groups. Contracting of Newbuildings RS Platou is a major catalyst in the market for contracting of newbuildings, working with shipowners and shipyards all over the world. We have up-to-date information on the development of price levels, which shipyards are most competitive for the different types of tonnage, special contractual terms available, as well as owners who are planning to order new vessels. A particular speciality has been back-to-back transactions for newbuildings with long-term charter arrangements. Chartering RS Platou concentrates on vessels and cargo within the general trades for dry bulk, petroleum products and crude oil. In addition, we have teams specializing in offshore support vessels, drilling units, shuttle tankers, chemical cargo, transportation of forest products and cars. Market Research A particular strength is our in-depth market research activities. We are continuously compiling updated market reports and future projections for the dry bulk and the main tanker trades. For the offshore markets, monthly market reports are provided on a subscription basis. In addition, "one-off" studies are made for special projects or niche markets. Offshore Marine Services RS Platou has built up, and maintained, a leading position in sale and purchase of drilling rigs and offshore support vessels. We have also been instrumental in bringing several new designs both of drilling units as well as offshore support vessels to the market. We are continuously assisting clients in securing work for their offshore support vessls and drilling units in new areas. We also advise national and private oil companies on special marine equipment acquisitions. Investment Banking RS Platou Markets offers financial advisory services within mergers and acquisitions and equity/debt capital markets alongside equity sales and FX trading. Our client portfolio is primarily within E&P, offshore, oil service, shipping, seafood and private equity companies. Consultants Both in the general trades and offshore, RS Platou provides evaluations of special projects and give essential advice in business transactions where our market knowledge is required.

Financial Services In addition to the traditional activities, we offer financial advice and services. RS Platou Finans is one of the major finance companies in Norway that specializes in shipping and offshore-related financial schemes in the interest of both shipowners and financial investors.

RS Platou ASA

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GLOBAL SUPPORT VESSEL MONTHLY

February 2012

OFFSHORE RESEARCH REPORT

RS Platou Offshore - Contacts: Direct number OSLO Anker, Peter M. (Managing Partner & CEO) Offshore Support Brugrd, Christian Aml, Rolf Bjrkli, Tor-yvind Erdal, Per Fosse, Ole Middelthon, Lars Johan Karlsen, Eric Stle Rostant, Andr Rusdal, Gry Rustad, Arne Sandsbrten, Karine Strandens, Tallak Vollster, Ivar Xia, Lianghui Zhner, Lars Christian Aamodt, Marianne Drilling Units Spillum, Magne Bjerke, Petter H. Gotteberg, Geir Nilsen, ge Red Floating Production Arthur, Erik Offshore Research Ziegler, Sven Asplin, Mikal Bollinger, Rita Hgheim, Brd SINGAPORE Bartz-Johannessen, Christian Annat, John Chung, Mili Geelmuyden, Adrian Helseth, Erik Khaizan, Muhlizah Kvaerneng, Markus Leung, Alice Massarotto, Federica Singh, Lakhjit Ugland, Peter Wee, Jimmie Henley, Robert Jacobsen, Per-Robert Tay, Toh Ho CAPE TOWN Pethick, Simon Watson, Mark MOSCOW Steinsvik, Brge Espedal, Odd Arild HOUSTON Boje, Tyler Donley, Bob RIO DE JANEIRO Nikolaisen, Andr Barros, Gilberto Habbema De Maia, Lucia Woodrow, Daniel DUBAI Henderson, Ian Obeid, Ahmad Marsigan, Marj THE STEWART GROUP LIMITED Aberdeen (Main Office) London Ghana +44 122464 6574 +44 208297 7474 +223 548954 178 Mobile number

+47 23 11 24 64

+47 901 03 434

+47 +47 +47 +47 +47 +47 +47 +47 +47 +47 +47 +47 +47 +47 +47 +47

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

11 11 11 11 11 11 11 11 11 11 11 11 11 11 11 11

27 27 27 27 27 27 27 27 27 27 27 27 27 27 27 27

13 25 20 19 22 10 37 34 36 12 02 38 18 51 23 04

+47 +47 +47 +47 +47 +47 +47 +47 +47 +47 +47 +47 +47 +47 +45 +47

922 971 906 915 901 934 934 992 975 416 913 913 901 468 204 900

14 61 27 96 47 38 46 45 42 66 78 03 91 53 40 40

028 040 014 818 507 948 160 649 662 716 832 630 657 642 962 330

+47 +47 +47 +47

23 23 23 23

11 11 11 11

27 27 27 27

50 14 21 48

+47 +47 +47 +47

918 995 934 970

52 06 04 70

177 295 506 291

+47 23 11 27 94

+47 908 55 653

+47 +47 +47 +47

23 23 23 23

11 11 11 11

25 27 27 27

32 53 40 42

+47 +47 +47 +47

901 413 415 413

13 09 25 39

280 226 506 373

+65 +65 +65 +65 +65 +65 +65 +65 +65 +65 +65 +65 +65 +65 +65

63 65 63 65 65 65 65 65 65 65 65 65 63 65 65

36 44 03 44 44 44 44 44 44 44 44 44 36 44 44

92 66 49 34 66 66 66 66 66 66 66 66 92 66 66

73 24 58 74 05 07 34 06 08 19 14 13 75 22 18

+65 +65 +65 +65 +65 +65 +65 +65 +65 +65 +65 +65 +65 +65 +65

966 818 972 912 972 962 965 964 923 945 961 973 967 933 973

18 29 47 80 67 55 77 52 11 75 83 07 78 69 67

903 770 430 781 116 014 903 008 033 937 072 805 697 253 970

+27 21 418 1896 +27 21 418 1897

+27 83 231 6602 +27 83 454 2247

+7 495 787 9922 +7 495 787 9922

+7 985 920 5575 +7 985 773 1869

+1 281 260 9980 +1 281 260 9980 +5521 +5521 +5521 +5521 3923 3923 3923 3923 8804 8803 8806 8805

+1 713 634 9088 +1 281 797 8608 +5521 +5521 +5521 +5521 7207 8546 9699 9751 2768 0354 2057 9890

+971 50 65 80 539 +971 50 55 11 718 +971 50 88 36 597

RS Platou ASA

page 15