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Sale and purchase report - Offshore Shipbrokers

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SALE AND PURCHASE REPORTSeptember 2011QUARTERLY EDITION, 3 rd Qtr 2011FPSOsDespite a slower than expected year for FPSOs,the market is still confident about the future.We are seeing more conversion activity <strong>and</strong>orders for larger newbuild units are beingplaced.<strong>Sale</strong> <strong>and</strong> Purchase - FPSOMonth Name Built Seller BuyerJuly Deep Producer 1 1981 Drydocks World RamuniaJuly Knock Muir – Conversion to FPSO 1993 Fred Olsen Fred OlsenJuly Cossack Pioneer 1972 Woodside PetrofacJuly Jasmine Venture MV7 1976 Pearl Energy PetrofacAugustConcorde Spirit – Conversion toFPSO1989 SBM <strong>Offshore</strong> SBM <strong>Offshore</strong>September Ocean Legend – MOPU 1976/2001 Oceaneering Believed to be PetrofacSeptember Tenaga Empat – conversion to FSU 1981 MISC Berhad MISC BerhadSeptember Umbe – Conversion to FPSO 1997 Bumi Armada Berhad Bumi Armada BerhadNew Builds - FPSOMonth Type Delivery Yard BuyerJuly 1x FPSO 2014 Samsung H.I., Korea Teekay CorporationJuly 1x FPSO 2013 Daewoo H.I., Korea Total E&P AngolaJuly Processing/Living Platform 2013 Sembcorp Marine, Singapore PTTEP International14

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