Demonstrating Capability: Integrating the Old with the New

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Demonstrating Capability: Integrating the Old with the New Subsea Expo, Aberdeen, 8 February, 2018 Meir Greenfeld Chief Technical Adviser Richard Carter Product Manager

Field Extension and Preservation, Backward Compatibility The challenges: There is a large installed base of s worldwide Expected life of field is upwards of 25 years Operators may wish to extend their fields and may require more instrumentation with more data Operators may also wish to extend their fields life. The constraints: In electronics, what was new fewer than 5 years ago, is often obsolete today Therefore, it is difficult to maintain the old and provide new equipment compatible with the old Old infrastructure does not support high speeds. And the solutions are 05 February 2018 Slide 2

Generations of and SEM 1980s 3 rd Gen ASE3000 FSK@1200 1990s 2000s 4 th Gen ASE4000 FSK@1200 5 th Gen (icon) ASE3000 ASE4000 ASE5000 IEC870 ModbusTCP FSK & OFDM Fibre Optic (i.e. all previous protocols) 2010s LP SEM ASE3000 FSK@1200 (can be used with inductive couplers) 05 February 2018 Slide 3

Generations of Subsea Electronics 05 February 2018 Slide 4

What the Industry Requires Existing Field (legacy equipment) Operator needs the Existing Field + new well sets or more data, or both Umbilical Umbilical Subsea Distribution Subsea Distribution Infield umbilical New Hub (SRM) XMT XMT XMT XMT XMT XMT XMT MPFM XMT MPFM The SRM is not only for adding XMTs, it also allows new instruments with heavy communication/data demands 05 February 2018 Slide 5

What Does Aker Solutions Bring to the Market? Decades of subsea controls experience Global installed base Leading provider of subsea controls, with the combined synergies of our entire SPS portfolio Previous Subsea Controls experience to be draw from. Knowledge of original system and its analysed limitations Backwards compatibility Integration of an SRM system or components providing packaged solution being part of SPS portfolio. We understand our customers requirements We have the relationships We have the resources to deliver a technology. 5 February, 2018 Slide 6

Terminal Server Operators can be wary of multiplexed communications on the production communications lines (Multiplexed = superimposition of higher carrier frequencies on the umbilical cores which carry the slower existing legacy communication signals) Fear of interfering with existing system/production Extensive analysis and testing would be needed to sell the client a technology that is viable. Co-existence by multiplexing is tempting The new is pseudo independent from the old But there are risks of consequential interference? SDU And there are limitations imposed by the umbilical e.g. for a legacy 1.2 kbaud system, superimposing a new ~40 kbaud system is achievable, Field extension but for a legacy 9.6 kbaud system practically nothing. 05 February 2018 Slide 7

Terminal Server Aker Solutions Terminal Server removes these limitations It provides a reliable technology It is built from Aker Solutions existing portfolio of field proven technology Hardware is a fully qualified serial communications board, which is already used as part of the Aker Solutions SEM technology.? Terminal Server SDU Field extension 05 February 2018 Slide 8

Existing Legacy System Existing technology Limited bandwidth ASE3000 and icon s (or older SEM generation) EDB 05 February 2018 Slide 9

Existing Legacy System with Backward Compatible Wellset software extended to add new s Existing technology Limited bandwidth ASE3000 and icon s (or older SEM generation) Backwards Compatible SEM and Modem EDB 05 February 2018 Slide 10

Terminal Server Umbilical Communications Upgraded Existing Terminal FSK Server Modems Driver Software Same New Windows OS driver New modems, utilising Same umbilical cores faster communication or fibre optic communication SRM Terminal Server Electronics FSK Modems EDB New Terminal Server module Retrievable electronics 05 February 2018 Slide 11

Terminal Server Upgraded Communications System Terminal Server Driver Software software extended to add new s / instruments Existing equipment continues to operate New SRM Terminal Server Electronics FSK Modems EDB New New and legacy subsea technologies co-exists New MPFM possible on the new s 05 February 2018 Slide 12

Terminal Server Upgraded Communications System Terminal Server Driver Software s can be upgraded to newer technology one at a time New SRM Terminal Server Electronics FSK Modems EDB Existing Fast FSK Modems Modems Existing New New New 05 February 2018 Slide 13

Terminal Server Overview Utilizes standard low power serial board (field proven) with Modified Software. Topside to subsea communication either DSP electrical communication (OFDM) or through optical fibres. Communication to subsea legacy device via Serial FSK modems. Hardware can be installed within a subsea pod, MCM, SRM or can be a separately retrievable sea washed canister. 05 February 2018 Slide 14

Demonstrating Experience 05 February 2018 Slide 15

Example 1: BP Quad 204 Background aging Schiehallion field ~30 wells with 3rd gen. SEMs 1.2 kbaud FSK comms. Client requirements: Extend field life ~20 additional well sets New FPSO with new New umbilical and new distribution But Keep existing subsea infrastructure, i.e. not recovering XMTs/s. The solution implemented: New communicating DSP OFDM Terminal Server at the subsea SDM communicating FSK to the legacy SEMs. For new wells, there is a choice: Quad 204, FSK communication Future wells, we have more options. A DSP Modem DSP Modem Terminal Server FSK Modem FSK Modem (Schiehallion) 3 rd Gen. SEM SDM Original s B DSP Modem DSP Modem Terminal Server FSK Modem FSK Modem (Schiehallion) 3 rd Gen. SEM FSK Modem (Quad204) 5 th Gen. SEM (icon) Quad204 s DSP Modem (future) 5 th Gen. SEM (icon) DSP Modem (future) 6 th Gen. SEM (Vectus) Future Options 05 February 2018 Slide 16

Example 2: UK North Sea (Company A ) Client requirements: Additional backward compatible well-sets No enhanced speed required. By analysis, however, Aker Solutions knows that doing so would imbalance the communication system Such system with additional backward compatible SEMs would not work. Aker Solutions are thus offering a Terminal Server solution: The terminal server in this case is performing the function of a repeater/multiplexer Plus, it reconstitutes and retransmit the signals Hence, achieving a viable solution without reflections and distortions. Existing Terminal FSK Server Modems Driver SRM Software DSP Modems DSP Modems Terminal Server Electronics FSK Modems EDB Existing Legacy s Backward Compatible s 05 February 2018 Slide 17

Example 3: UK North Sea (Company B ) Client requirements: New umbilical, length exceeding comms. capability Existing communication speed is 9.6 kbaud, FSK EFLs from subsea distribution to wells, kms long Client s existing stock of Aker icon SEMs, to be used (a good recycling / environmentally friendly requirement). Aker Solutions analysis, however, shows that regardless of new, umbilical and distribution, the required distances exceed the range of the existing legacy equipment. Therefore, the solution is: The new to communicate DSP OFDM New umbilical (copper communication) Terminal Server subsea, communicating: DSP OFDM with the FSK at 9.6 kbaud to the SEMs. 05 February 2018 Slide 18

Extending the Life of the UKCS In a mature basin, the viability of legacy control systems is always at question. None of Aker Solutions global installed base dating from the 1980s are obsolete! Demonstrated through projects such as BP Quad 204, the Aker Solutions Subsea Terminal Server : offers upgrade of communication speeds through existing umbilicals allows adding modern, data intensive instrumentation facilitates backward compatible tie-in of legacy control modules. Our experience and learning is taken to the broader market, to support life of field extension in the UKCS, regardless of the generation of subsea equipment. Furthermore, for the local market, significant investment in the refurbishment and expansion of the service facility in Aberdeen reaffirms Aker Solutions commitment to provide the best possible service and upgrade of capability. 05 February 2018 Slide 19

Copyright and Disclaimer Copyright Copyright of all published material including photographs, drawings and images in this document remains vested in Aker Solutions and third party contributors as appropriate. Accordingly, neither the whole nor any part of this document shall be reproduced in any form nor used in any manner without express prior permission and applicable acknowledgements. No trademark, copyright or other notice shall be altered or removed from any reproduction. Disclaimer This Presentation includes and is based, inter alia, on forward-looking information and statements that are subject to risks and uncertainties that could cause actual results to differ. These statements and this Presentation are based on current expectations, estimates and projections about global economic conditions, the economic conditions of the regions and industries that are major markets for Aker Solutions ASA and Aker Solutions ASA s (including subsidiaries and affiliates) lines of business. These expectations, estimates and projections are generally identifiable by statements containing words such as expects, believes, estimates or similar expressions. Important factors that could cause actual results to differ materially from those expectations include, among others, economic and market conditions in the geographic areas and industries that are or will be major markets for Aker Solutions businesses, oil prices, market acceptance of new products and services, changes in governmental regulations, interest rates, fluctuations in currency exchange rates and such other factors as may be discussed from time to time in the Presentation. Although Aker Solutions ASA believes that its expectations and the Presentation are based upon reasonable assumptions, it can give no assurance that those expectations will be achieved or that the actual results will be as set out in the Presentation. Aker Solutions ASA is making no representation or warranty, expressed or implied, as to the accuracy, reliability or completeness of the Presentation, and neither Aker Solutions ASA nor any of its directors, officers or employees will have any liability to you or any other persons resulting from your use. Aker Solutions consists of many legally independent entities, constituting their own separate identities. Aker Solutions is used as the common brand or trade mark for most of these entities. In this presentation we may sometimes use Aker Solutions, we or us when we refer to Aker Solutions companies in general or where no useful purpose is served by identifying any particular Aker Solutions company. 05 February 2018 Slide 21