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Annual Report

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Highlights 2009<br />

August<br />

November<br />

December<br />

December<br />

December<br />

December<br />

December<br />

Acquisition of Marine Subsea UK Ltd. (formerly TS Marine Ltd.)<br />

Service contract for African Worker secured<br />

Marine Subsea AS secures financing and the company is fully financed<br />

Delivery of African Lifter<br />

Delivery of African Worker<br />

New charter for African Installer secured<br />

Delivery of Sarah from the Ulstein Yard<br />

2010 To Date<br />

African Worker on Charter for Total in Angola<br />

African Lifter to go on Charter for Sonangol P&P in Angola (LOI).<br />

Vision<br />

Marine Subsea aims to become a leading provider of offshore related services<br />

to the international offshore oil & gas industry.<br />

<strong>Annual</strong> <strong>Report</strong> 2009 Marine Subsea 5

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