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Marine Subsea’s Corporate Structure<br />

Interoil Angola Limitada<br />

Interoil Angola Lda. is an Angolan oil and gas service company<br />

based in Luanda which was acquired in February 2008. In<br />

Angola, bids for potential contracts usually have to be submitted<br />

through a local office, and it was hence necessary to establish<br />

a presence in the region. A local office is also required as most<br />

of Marine Subsea’s vessels will operate out of Angola. The<br />

company offers services related to brokerage, operation and<br />

management of various vessels, procurements, imports, crew<br />

changes, etc., and the company will facilitate the operation of<br />

present and future Marine Subsea vessels in the region. Interoil<br />

Angola has currently 7 vessels between tug, anchor handlers and<br />

platform support vessels on charter for Sonangol and Total in<br />

Angola. There are currently 11 employees, 4 expats and 7 locals.<br />

This number will grow as Marine Subsea expands its operations<br />

there. The company will soon change name to comply with the<br />

mother brand.<br />

Marco Marini (36) General Manager<br />

Marco Marini has broad experience in West<br />

Africa from various positions within the oil<br />

sector. He held the position as Logistics<br />

Manager in Orlean Invest Angola as well as<br />

Personnel, HSEQ and Adm. Mngr. in Intels<br />

Nigeria. He has also worked in Gabon and<br />

Cameroon.<br />

Terminal Tugs<br />

”Merlin” & ”Macaw”<br />

5 year Angola/Total<br />

Line Handler<br />

”Kamuchiba I”<br />

5 year Angola/Sonils<br />

Line Handler<br />

”Kamuchiba II”<br />

5 year Sonangol<br />

Harbor Tug<br />

”Sertosa 34”<br />

2+1 year Sonangol PP<br />

PSV<br />

”Aries Scout”<br />

2 year Angola/Total<br />

Anchor Handling Tug Supply<br />

”Havila Neptune”<br />

2+1 year Angola/Total<br />

On & Offshore AS<br />

In April 2009, Marine Subsea entered into an agreement to<br />

acquire On & Offshore AS, a company based in Kristiansand<br />

Norway with 150 employees that can provide technical and<br />

operational personnel and services. The agreement gives<br />

Marine Subsea the right to acquire 92,2% of the outstanding<br />

shares subject to financing within May 2010. In the meantime,<br />

both companies have entered into a cooperation agreement.<br />

Currently Sarah has several offshore project crew from On &<br />

Offshore onboard.<br />

Terje Uleberg (52) CEO<br />

Terje Uleberg has more than 30 years experience<br />

from offshore work (Norwegian Sector,<br />

North Sea). He has held offshore positions<br />

as Operator, Supervisor, Field Engineer,<br />

Superintendant and Project Manager as well<br />

as Project Manager in OIS. He has also been<br />

the General Manager in FIAS. Co and founded<br />

On & Offshore Services AS in 2003 with Mr.<br />

Helge Bjorvand. He is today Chief Executive<br />

Officer of the On & Offshore Group.<br />

<strong>Annual</strong> <strong>Report</strong> 2009 Marine Subsea 11

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