LEADING EDGE ENGINEERING

www.belmet.co.za

History & MissioncompanyLEADING EDGE ENGINEERING

ABOUT USBelmet is a diversified steel fabricator operating in the

oil and gas, diamond mining, mineral processing and marine

industries, in both local and international markets.

We provide steel fabrication of offshore structures for the oil

and gas industry for, amongst others, rigs, drill ships and

subsea structures, as well as high pressure piping and general

fabrication work.

Belmet also handles general engineering, equipment rental

and project management services for a growing base of

international customers.

Our ability to meet all delivery deadlines; to manufacture

to stringent international specifications; and the business philosophy of honesty, integrity

and transparency sets Belmet apart from other companies.

Belmet was established in 1968 in Bellville, Cape Town, as a general engineering fabricator focusing predominantly on the construction materials industry. Over the years, and on an annual basis, we have grown organically as the local market transformed and expanded at a relatively marginal rate.

Shifting into the maritime market

Belmet’s main focus, however, shifted to the marine industry in 1990 in response to an identified need for technologically adaptive suppliers. This meant that the traditional ship repair business was circumvented and pre-fabrication of large structures became the norm at Belmet. Traditionally the ship repair companies had focused on ad hoc in-situ repairs, which required a presence in the Cape Town Docks,but Belmet decided to pre-fabricate in their Bellville factory and to install new structures on customer-owned vessels, once these vessels docked in the harbour. This advanced approach to the marine industry in Cape Town, initially, enabled Belmet to become leaders in the use of CAD-software (3-D CAD and 3-D AutoShip) within the local ship repair industry. The acquisition of these design capabilities allowed Belmet to model structural designs and to thereby identify potential pitfalls before the physical fabrication process commenced. These savings in workshop man-hours ensured Belmet was able to offer shorter lead-time deliveries and absolute accuracy of manufacture, eliminating time-consuming on-site modifications.

Subsea fabrication

In 2005, Belmet ventured into the subsea fabrication industry and, following the successful delivery of seven Manifolds for Subsea 7 on the PetroSA South Coast Gas Development Project in late 2006, further contracts were secured through Subsea 7 on the ExxonMobil Saxi Batuque Project and on the Chevron Tombua Landana Project.

The thrust into this high-tech fabrication sector has firmly placed Belmet in the international subsea fabrication arena and further growth opportunities within West Africa are being pursued.

Developing a presence in Walvis Bay

In 2010 Belmet opened a fully fledged fabrication facility in Walvis Bay, Namibia. This development was a result of customer requests, close proximity to West African (especially Angola) markets and the current expansion of Walvis Bay to cater for the offshore oil and gas, marine, industrial and mining sectors.

In addition we noticed a shift in customer patterns from Cape Town to Walvis Bay. Our premise was that the excellent operating model in Cape Town could be easily replicated where the customers wanted Belmet to offer its services; i.e. for the marine, offshore oil and gas, mining and industrial sectors.

The Namibian government has also identified the offshore oil and gas industry as a significant factor in the future growth of Walvis Bay and to this end have provided and earmarked some excellent facilities for companies operating in the port area.

Similar to the existing Belmet model, a flat management structure, coupled with a hands-on approach is being implemented to allow for a transfer of skills from Belmet’s project management team and experienced artisans to the local Namibian artisans and operators.

Reputation for technical expertise

Today ISO-listed Belmet is highly regarded within the oil, gas, diamond and mineral processing industries as a technically competent, progressive and hands-on fabrication company manufacturing to DNV, Lloyds, AWS, ASME and EN specifications. The list of international customers continues to grow as Belmet demonstrates ongoing and progressive technical capability within the West African Oil and Gas industry.

BELMET HISTORY: since 1968

Today ISO-listed Belmet is highly regarded within the oil, gas, diamond and mineral processing industries as a technically competent, progressive and hands-on fabrication company manufacturing to DNV, Lloyds, AWS, ASME and EN specifications.

The Belmet DifferenceUnlike traditional companies, Belmet has a flat hands-on management structure which means that every Project Manager is personally involved in all aspects of each project – from the quotation to design to fabrication to installation and commissioning.

All personnel are completely customer-focused and service-oriented; and we pride ourselves in our ability to deliver to their exacting requirements.

Our experienced team of youthful engineers is able to adopt new technology and constantly reviews all practices and procedures. By adopting new methods of design or fabrication we can offer valuable input at the front end engineering and design stage.

Using flux-cored welding as our preferred method we offer increased levels of productivity that allows for improved fabrication and delivery lead times.

www.belmet.co.za

Belmet aims to be the most respected Cape Town-based engineering company servicing West Africa by adhering to the following tenets:

Ô Treating all our customers with honesty, integrity and displaying a passion for their business

Ô Developing the skills of our employees, so that they grow experientially and contribute positively to their communities.

Ô Displaying excellence in all aspects of what we do, how we do it and what we say.

Ô Creating wealth for all our stakeholders (suppliers, customers, employees and shareholders) through the development of long-term and mutually beneficial relationships.

Ô Employing sound management practices in all decision-making including employment equity, succession planning and skills development.

Mission Statement

Unlike traditional companies, Belmet has a flat hands-on management structure which means that every Project Manager is personally involved in all aspects of each project – from the quotation to design to fabrication to installation and commissioning.

At Belmet, we are committed to a system of health and safety management, based on a common understanding of risks and how to control them. We recognise that health and safety is a management responsibility of equal importance to Belmet’s work and that effective control of health and safety is achieved through co-operative effort, at all levels within the organisation.

We aim to prevent accidents and illness by ensuring that health and safety considerations are at the heart of everything we do. In complying with the requirements of the Occupational Health and Safety Act, Belmet will, amongst other things:

Ô Maintain all places of work under our control in a condition that is safe and without risk to health. This will include the provision and maintenance of adequate means of access to and exit from the premises;

Ô Provide and maintain a working environment for our employees that is safe and without risk to health – adequate facilities and arrangements for securing the welfare of employees will be provided;

Ô Provide information, instruction, supervision and training, as is necessary, to ensure the health and safety at work of our employees;

Ô Provide, operate and maintain buildings, plant, machinery, equipment and systems of work that are safe and without risk to health;

Ô Make arrangements for ensuring the safety and absence of risk to health in connection with the use, handling, storage and transport of articles and substances at work;

Ô Provide protective clothing and safety equipment, as is necessary, to enable staff to undertake their duties safely; Ensure that our employees working on other companies’ premises, as part of their normal work duties, are trained in the recognition of likely risks which they may encounter;

Ô Continuously improve our performance in the field of health and safety, through the setting of clear and achievable goals.

Ô These duties will be performed by Belmet; so far as is reasonably practical, and the success of this policy relies on everyone being actively involved. We all have a valuable role to play in showing that good health and safety at work is good business.

Ô This statement is a formal and unique declaration that we will devote sufficient effort and resource to the organisation, so that we can continue to build on the ideals and principles that have distinguished Belmet as a leading fabricator in the Western Cape.

Occupational Health and Safety Policy

Commitment to Health

and SafetyWe are committed to conducting

our business in a manner that protects the safety and

health of our employees, contractors, customers and

the public. We place the highest priority on the safety and health of our workforce, in the communities where we operate, on the environment

and on the efficiency of our operations. We will strive for

an incident-free workplace and believe that our commitment to safe, secure and incident-

free operations will contribute to improved operations, lower

costs, improved employee morale and consequently higher

productivity.

Belmet focuses on leadership accountability. Our leaders have

shaped the culture that drives our performance and influences

the systems and processes that have created our safety

outcomes.

Our Quality, Safety and Health Management Systems are

supported by fully documented policies.

The success of this policy relies on everyone being actively involved. We all have a valuable role to play in showing that good health and safety at work is good business.

Health & SafetycompanyLEADING EDGE ENGINEERING

www.belmet.co.za

Quality PolicyIt is without doubt the quality of the products and related services provided by Belmet that has enhanced the company’s reputation in the market place.

The goal of Belmet is to provide customers with the highest quality products, delivered on-time and at competitive prices. This is accomplished by listening to and understanding customers’ needs and translating those needs into improved products and services.

Products are manufactured, supplied and installed to the highest level of quality workmanship and characteristics backed by a high level of leadership in the markets that Belmet serves.

In support of this Quality Policy, Belmet has established an Integrated Management System to govern documented requirements and fundamental system characteristics.

The Managing Director is responsible

for ensuring the Quality Policy is understood, implemented and maintained at all levels of the Company.

This Quality Policy describes Belmet’s overall intentions and directions with regards to quality.

A quality commitment

Belmet is committed to achieving and maintaining the highest standards of quality in all our fabrication and project management operations. Our aim is to fully understand the requirements of each customer and to exceed their expectations by maintaining the highest international standards.

We measure achievement of continuous improvement through our internal systems, operational audits and external third-party audits.

All of our documented processes, systems and management reviews form the basis of Belmet’s integrated quality, safety and health system that will continue to be accredited to ISO standards through internationally recognised third parties.

The goal of Belmet is to provide customers with the highest quality products, delivered on-time and at competitive prices. This is accomplished by listening to and understanding customers’ needs and translating those needs into improved products and services.

Facilities & ServicescompanyLEADING EDGE ENGINEERING

3CBelmet Services now offers drilling risers and associated equipment inspection and repairs as well as services in a fully specialised and dedicated yard.

The yard is 25 km from Cape Town harbour and conveniently situated on what is considered the approved “heavy transport route” to Cape Town harbour. The yard is approximately 26,000 m2, and features 100% tar surfaces, with lighting, boundary walls, 24-hour security and electrical fencing. An innovative handling system was developed to avoid the use of mobile cranes during operations.

The inspection and repairs yard offers the following services for risers up to 100ft :

Ô Visual and dimensional inspection with a team of qualified inspectors,

Ô NDT activities (UT, MT, DP, WT, RT),

Ô Repairs with a full range of qualified procedures (4130, API5L X80, SS 316L, Super Duplex),

Ô Blasting and Painting/Thermal Spray Aluminium Coating in a controlled environment,

Ô Permanent forklifts from 4 to 14 tons for general handling,

Ô Specific coating such as Xylan, Everslick and Phosphatation.

Project management teams work closely with the technical department and quickly interact with clients and OEMs to ensure a proactive correction of findings.

OEM accreditations were obtained and 3CBelmet Services is a recommended stop for equipment inspection and repairs in southern Africa.

Belmet manufactures a full range of Det Norske Veritas (DNV)-certified containers, gas cylinder racks, pipe handling baskets and tank containers for use in the offshore industry. All containers are certified by DNV to ensure compliance with DNV 2.7-1, the International Maritime Organisation (IMO) Circular 860 and to EN 12079 as well as the European Standard for Offshore Containers.

Offshore containers designed, approved, fabricated and tested to DNV certification gain worldwide acceptance by all regulatory authorities, offshore operators and supply vessel companies.

In line with the Luanda Protocol, which stipulates that all containers operated offshore Angola must conform to EN 12079 or DNV 2.7-1, Belmet has positioned itself as the major South African company supplying offshore containers into West Africa.

Belmet has designed a lifting-frame to accommodate uncertified containers. This means that customers that have non-certified containers can still handle these safely offshore, by simply placing their 3 metre or 6 metre containers in this lifting-frame.

Ô Project Management Ô Engineering

Ô Service Centre (CNC plate & pipe cutting, rolling & bending)

Ô Conveyor Screw Repairs and Fabrication

Ô Fabrication & Construction

Ô Pipe Work

Ô Marine Riser Inspection and Repairs

Ô Conceptual Design – Finite Element Analysis

Ô Installation and commissioning

Ô Detailed Design – shop detailing, drawings

Ô Survey Services – 3-D Scanning

Ô Class Society Certification and Approvals

Ô Supply of material, goods and services to visiting vessels

Ô Accommodation at the Company’s apartments and guest houses

Ô Full ITC facilities including telephone and video conferencing

OFFERING The 3CBelmet Services Yard

DNV Offshore Containers

BELMET FACILITIESSOUTH AFRICA NAMIBIA

FABRICATION FACILITIES 9,000 m2 of pre-fabrication workshops

1,200 m2 fabrication facility

10,000 m2 yard

OVERHEAD CRANES 15 overhead cranes from 500 kg to 25 ton capacity

Two 10 ton overhead cranes

MACHINERY Manual, semi-automatic and automatic welding machines

Cutting equipment

CNC pipe cutting machine Drilling equipment

CNC plate cutter CNC plate profile machine

Davi CNC plate rolling machine Durma AD-R 30320 three-axis CNC synchro press brake

Digi bender Durma HRB-4 303 hydraulic 4-roll plate rolling machineTwo bending presses

Two plate rollers

Guillotine

Boldrini spinning machine

Screw flight press

Various auxiliary machines

ELECTRICITY 1600 KVA Access to dedicated substation with adequate power supply (380V, 220V, 110V)

OFFICES Well equipped offices Well equipped offices

GHANABelmet currently has offices in Accra, Ghana.

www.belmet.co.za

LEADING EDGE ENGINEERINGProjects & Servicescompany

As a major supplier of DNV designed and certified offshore containers, Belmet also supplies fully equipped and comprehensive rigging lofts complete with turnkey management systems. Well positioned and experienced in this sector, Belmet has identified six basic concepts in layout, each unique to the environment being used in. The client can also supplement these basic designs which are:

Ô Engine Room loft Ô Chief Mechanic Loft Ô Electrical loft Ô Subsea Loft Ô Drilling Loft Ô Marine Loft

Such systems will handle full control and management of all portable lifting equipment and accessories ensuring that clients are working in complete accordance with the lifting regulations. Belmet can also supply onshore specific rigging lofts and stores as per client requirements.Belmet’s fully containerised rigging lofts are equipped to suit the working environment, with the option of being either client owned or rented on a six

monthly rotational basis.The basic function of these rigging lofts is to ensure that all portable lifting equipment and accessories are:

Ô Correctly stored and identified to reduce the risk of accidental damage and to slow down deterioration.

Ô Effectively controlled and checked to ensure no unauthorised use by means of cloud based inspection, certification and reporting programmes, accessible by the client.

Ô Given pre-use checks by a competent person prior to use.

Ô Removed from service when their condition has deteriorated such that they are no longer in good repair and quarantined prior to returning for repair.

Ô Company policy, OHS act and classification inspection intervals are adhered to to ensure client adherence and compliance.

Rigging Lofts

Ô DNV-certified Lifting Baskets Ô Offshore Storage Containers and Waste Skips

Ô Gas Cylinder Racks Ô 85 tonne Spreader Beams Ô Personnel Lifting Baskets Ô Riser Clamps, Riser Racks Ô Storage Tanks Ô Mud and Lifeboat Platforms Ô Accommodation Modules Ô Hydrophore Vessels Ô Subsea Pipeline End Manifolds Ô Subsea Flowline End Terminations

Ô Subsea Pipeline End Terminations

Ô Crane Pedestals Ô DMF Vessels Ô Cementing Silos for Drill Rigs Ô Jack-Up Barge Ô Sampling Hopper Ô Aerial Ropeway System Ô Carrier Bodies Ô Tug Boats Ô Multicat Ô Catamaran Ô 150T Spooling Winch Ô Various platforms Ô Mooring hooks Ô Staircases and supports Ô Sulphuric Acid Tank Ô Truck Bodies Ô Adaptor Plates Ô Screw Sections Ô RO Skids Ô Wash Water Surge Vessel Ô Tubular Masts Ô Borehole Covers Ô Screw Conveyors Ô Riser Racks Ô Various Pressure Vessels Ô Topside structure Ô Mud package Ô Derrick Extension Ô Solar Invertor Containers Ô Crawler Ô Column Blisters Ô Cement Silos Ô Treatment Plant Ô Tee Protection Frame Ô DMS Plant Ô Gimbals Ô Mono-pod Clamps Ô Garage Structures Ô Cursor Frame Ô Docking Blocks Ô MPET Ô Exhaust Gas Ducting

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1: Client: Damen Shipyards; Fabricated: Tug Boat 2:Client: Optima Hydraulics; Fabricated: Cursor Frame3: Client: Pride International; Fabricated: Spooling Winch 4: Client: Pride

International; Fabricated: Docking Blocks5: Client: Namibian Marine Phosphate; Fabricated: Sampling Hopper 6: Client: SAPREF; Fabricated: Wash Water Surge Vessel

7: Client: Subsea 7; Fabricated: Flow Line End Termination Structures

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8: Subea 7; Fabricated: Subsea Manifold Structures 9: Client: Transocean; Fabricated: Silos 10: Client: Hampco; Fabricated: Multi-Purpose Elevator Transporter

11: Client: Hampco; Fabricated: Multi-Purpose Cart 12: Client: Damen Shipyards; Fabricated: Multicat

Projects

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13: Client: De Beers Marine; Fabricated: Crawler 14: Client: PetroSA; Fabricated: Ikhwezi Project various 15: Client: VWS Envig; Fabricated: Dual Media Filter Vessels

16: Client: AEG; Fabricated: Solar Invertor Station17: Client: 3C Metal South Africa; Fabricated: Exhaust Gas Ducting

SOUTH AFRICA:Tel: +27 21 948 5682Fax: +27 21 948 0517

Atomic Street, Triangle FarmBellville, South Africa

NAMIBIA:Tel: +264 64 27 4500Fax: +264 64 27 4501

29 Second Street East, Walvis Bay, Namibia

GHANA:Tel: +233 (0) 3022 24573Fax: +233 (0) 3022 24573

5th First Ridge Link,North Ridge, CantonmentsAccra, Ghana

LEADING EDGE ENGINEERING

www.belmet.co.za