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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