This presentation includes forward-looking statements. Actual future conditions (including economic

conditions, energy demand, and energy supply) could differ materially due to changes in technology, the development of new supply sources, political events, demographic changes, and other factors discussed herein (and in Item 1 of ExxonMobil’s latest report on Form 10-K). This material is not to be reproduced without the permission of Exxon Mobil Corporation.

Safety, Health and Environment

Through personal commitment and flawless execution of our responsibilities, together we can create an environment where

Nobody Gets Hurt!

We believe we can do it, we want to do business with people who believe it too.

Summary - Safety, Health and Environment

Business Overview

AberdeenSt Fergus

Beryl Field

Stavanger

Upstream Activities

JotunRinghorne

Balder

Sigyn

ExxonMobil’s North Sea Production (NSP) is responsible for all of ourNorth sea operations

Asset Overview - Beryl Area (Northern North Sea)

Aberdeen

Beryl A

St Fergus

1998 Nevis North first oil1999 Buckland first oil2001 Skene start up2002 Nevis South Lewis 12002 Gryphon / Leadon tie back2004 Skene compression project2004 New dedicated tanker

Beryl B

BucklandSkene

Nevis

NessA Brief History:

1972 Beryl Field discovered1976 Beryl Alpha onstream1984 Beryl Bravo onstream1987 Ness first oil1992 1st gas sales1996 Nevis South first oil1997 Katrine first oil

Asset Overview - SAGE System

Aberdeen

St Fergus

Beryl A

Beryl B

BucklandSkene

Nevis

Ness

BraeScott

Atlantic & Cromarty

Britannia

• SAGE pipeline system close proximity to multiple 3rd party new developments

1992 Phase A Operational Beryl Gas Sales

1993 Scott Gas Sales

1994 Phase B Operational Brae Gas Sales

1998 STE Operational Britannia Gas Sales

2006 Atlantic & Cromarty Gas Sales

2008 Alvheim gas export project

2008 Ettrick hot tap project

• Gas export connected to National Transmission System (NTS) via National Grid Terminal

1999 Jotun & Balder oil fields start-up1999 Fields developed independently with two

FPSOs 30 km apart2002 Sigyn gas/condensate field via Sleipner A2003 Ringhorne start; to Balder FPSO2003 Balder gas export; via Jotun / Statpipe2004 Ringhorne West start-up2006 Ringhorne East start-up2006 Sigyn East 3rd stage start-up

Stavanger

Jotun

Ringhorne

Balder

Sigyn

Asset Overview - Norway (Northern North Sea)

North Sea Production - UK Drilling Activities

• Preparing to restart a platform drilling programme on Beryl in late 2009.

• Finalising plans to resume semi-submersible drilling on Beryl area satellites.

• Drilling and exploration work ongoing on the Corbenic acreage with first well to spud in 1st quarter 2009.

• Additional farm out well opportunities in ExxonMobil acreage to encourage exploration.

• Exploration and seismic work ongoing on the west coast of Ireland.

North Sea Production - Development & Modifications Projects

• Linnhe decommissioning• Life extension/Asset integrity (Beryl and Balder)

- Replace obsolete control systems - Upgrade Cranes - Repair electric motors - Replace/upgrade pipework - Refurbish equipment - Re-wheel compressors - Upgrade turbines

• Drilling related - 10k pressure rated equipment upgrades - New well tie ins

• Subsea Programmes - Workovers - Control pod replacements - IRM

Procurement – UK/Norway Upstream Organisation

Aberdeen•Services Contracts (High Complexity/ High Value)•Key Contacts for:–Maintenance–Operations–Projects–Logistics

Prague•Materials Contracts•Services Contracts (Low-Med Complexity/Low-Med Value)•Buying•Materials Cataloguing•Inventory Analysis•Payables

Stavanger•Services Contracts (High Complexity/ High Value)•Key Contacts for:–Drilling–Exploration–Subsea–Subsurface

Procurement Principles

• Strategic Sourcing (Effectiveness) - Leverage scale by sourcing commodities and services through

suppliers with global reach and local presence.• Market Intelligence (Effectiveness)

- Identify suppliers with unique knowledge/technology to build value added relationships.

• Standardisation (Efficiency) - Contracting through ExxonMobil Multi-Country Agreements (MCAs),

adhering to Global Standards - Common Processes & Systems (e.g. Strategic Sourcing, AHB)

• eProcurement (Efficiency) - Supplier access to ExxonMobil systems (e.g. SAP) - On-line sealed bidding

Procurement’s mission is to provide competitive advantage through Total System Cost solutions.

Contracting Philosophy -• Consider joint UK and Norway workscopes when tendering.

Award single UK/Norway contracts where practical and economically advantageous.

• Longer term agreements preferred, (typically 5 years with multi year extension options)

• Embrace Supply Chain Code of Practice whilst maintaining alignment with ExxonMobil global standards- Use of industry databases (FPAL/Achilles) throughout the supplier

qualification and tender process (including FPAL Capability Profile and Performance Feedback)

- Use of industry standard ITT models where appropriate - Provide relevant debriefing for tenderers- Include 30 day payment terms in all contracts [and maintain

payment performance through life of contract] • Establish and measure key performance indicators for all

contracts.

Procurement Principles

Procurement Principles

Selection Criteria -- Ability to deliver requisite goods and services competitively - Evidence of Safety, Health, Environment and Quality culture,

focus and performance- Technical Capability including Innovation, Enterprise and proven

Expertise- Alignment with ExxonMobil Business Conduct standards and

Ethics- Alignment with ExxonMobil Terms and Conditions- Quality Assurance Systems & Processes- Financial Stability & Integrity

Supplier Selection -• For suppliers to be considered, as a minimum they

must be registered with First Point Assessment Limited and/or Achilles JQS

Upcoming Contract Reviews

Timing Scope Approx. Potential Value (US$M)

ROV Campaign (2009) 4Q 2008 UK/Norway tba

Lubricants 1H 2009 UK $2M

Intelligent Pigging 1H 2009 UK $2M

ESD System Replacement 1H 2009 UK $4M

Well Completion 1H 2009 UK $10M

Directional Drilling 1H 2009 UK $20M

Drilling and Completion Fluids 1H 2009 UK & Norway $20M

OCTG 1H 2009 UK/Norway $20M

Casing & Tubing Running 2H 2009 UK $2M

Commodity/Service

Upcoming Contract Reviews

Timing Scope Approx. Potential Value (US$M)

Liner Hanger & Fishing Tools 2H 2009 UK $2M

Drill Bits 2H 2009 UK $1MLaboratory Testing and Personnel 2H 2009 UK $4M

Service/Repair of Electrical Motors 2H 2009 Norway $2M

PPE 2H 2009 Norway $3M

Fabrication 2H 2009 UK $4M

Lifting Gear 2H 2009 Norway $3M

DSV Campaign (2010) 2H 2009 UK/Norway tba

ROV Campaign (2010) 2H 2009 UK/Norway tba

Commodity/Service

An expanded list of expiring contracts will be posted in FPAL 1Q09

Procurement - Contacts

UK/Norway Area Procurement Manager:Kjetil Barbo: kjetil.k.barbo@exxonmobil.com

UK FPAL contact:Kevin Forbes: kevin.j.forbes@exxonmobil.com

Norway Achilles Contact:Martin Sandve: martin.sandve@exxonmobil.com

Thank you

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