Don Wells Hess Corporation

1. API RP 17NSubsea Production System Reliability and Technical Risk Management& Integrity Management Don Wells Hess Corporation

2. Since Last Meeting • We’ve Organized Ourselves • We’ve Defined What and Who • We have a Path Forward • We are Prepared to Communicate

3. Additional Goals • Align with new BOEMRE NTL • probably to be issued in Q1 2011 • Integration of API 17N with standard ISO 20815 (Jans Neurenkerken) • Provide guidance on API 17N RIMS training programmes

4. Membership • Graeme Davies – DNV • John Fassero – ExxonMobil • Karl Woods – Woodside • Ken Powell – Cameron • Martha Viteri – DNV • Michael Taylor – FMC • Mzahid Mamot – Petronas • Paul Kefford – Chevron • Reza Mostofi – DNV • Ronald Pechacek – NASA – United Space Alliance • Stephen May – Cameron • Mike Theobald – Maersk Oil • Tom Van Aschwege – Stress Engineering • Karina Vitale – Chevron • Rune Mode - Statoil • Shadi – ODI • Co- Chairman • Don Wells – Hess • John Allen - GE • Mark Siegmund – BP • Champion • John Strutt - Astrimar • Record Keeper • Adriana Botto – Wood Group Integrity Management • Membership • Lars Buus - DNV • David Valentine – NASA – United Space Alliance • Denver Roopchand – Atkins • Dane Tipton – National Coupling • Fuad Ahmad – Petronas • James Cencula – GE • John Macneill – Stress Engineering

5. Membership • Graeme Davies – DNV • John Fassero – ExxonMobil • Karl Woods – Woodside • Ken Powell – Cameron • Martha Viteri – DNV • Michael Taylor – FMC • Mzahid Mamot – Petronas • Paul Kefford – Chevron • Reza Mostofi – DNV • Ronald Pechacek – NASA – United Space Alliance • Stephen May – Cameron • Mike Theobald – Maersk Oil • Tom Van Aschwege – Stress Engineering • Karina Vitale – Chevron • Rune Mode - Statoil • Shadi – ODI • Co- Chairman • Don Wells – Hess • John Allen - GE • Mark Siegmund – BP • Champion • John Strutt - Astrimar • Record Keeper • Adriana Botto – Wood Group Integrity Management • Membership • Lars Buus - DNV • David Valentine – NASA – United Space Alliance • Denver Roopchand – Atkins • Dane Tipton – National Coupling • Fuad Ahmad – Petronas • James Cencula – GE • John Macneill – Stress Engineering

6. Membership • Graeme Davies – DNV • John Fassero – ExxonMobil • Karl Woods – Woodside • Ken Powell – Cameron • Martha Viteri – DNV • Michael Taylor – FMC • Mzahid Mamot – Petronas • Paul Kefford – Chevron • Reza Mostofi – DNV • Ronald Pechacek – NASA – United Space Alliance • Stephen May – Cameron • Mike Theobald – Maersk Oil • Tom Van Aschwege – Stress Engineering • Karina Vitale – Chevron • Rune Mode - Statoil • Shadi – ODI • Co- Chairman • Don Wells – Hess • John Allen - GE • Mark Siegmund – BP • Champion • John Strutt - Astrimar • Record Keeper • Adriana Botto – Wood Group Integrity Management • Membership • Lars Buus - DNV • David Valentine – NASA – United Space Alliance • Denver Roopchand – Atkins • Dane Tipton – National Coupling • Fuad Ahmad – Petronas • James Cencula – GE • John Macneill – Stress Engineering

7. Membership • Graeme Davies – DNV • John Fassero – ExxonMobil • Karl Woods – Woodside • Ken Powell – Cameron • Martha Viteri – DNV • Michael Taylor – FMC • Mzahid Mamot – Petronas • Paul Kefford – Chevron • Reza Mostofi – DNV • Ronald Pechacek – NASA – United Space Alliance • Stephen May – Cameron • Mike Theobald – Maersk Oil • Tom Van Aschwege – Stress Engineering • Karina Vitale – Chevron • Rune Mode - Statoil • Shadi – ODI • Co- Chairman • Don Wells – Hess • John Allen - GE • Mark Siegmund – BP • Champion • John Strutt - Astrimar • Record Keeper • Adriana Botto – Wood Group Integrity Management • Membership • Lars Buus - DNV • David Valentine – NASA – United Space Alliance • Denver Roopchand – Atkins • Dane Tipton – National Coupling • Fuad Ahmad – Petronas • James Cencula – GE • John Macneill – Stress Engineering

8. Membership • Graeme Davies – DNV • John Fassero – ExxonMobil • Karl Woods – Woodside • Ken Powell – Cameron • Martha Viteri – DNV • Michael Taylor – FMC • Mzahid Mamot – Petronas • Paul Kefford – Chevron • Reza Mostofi – DNV • Ronald Pechacek – NASA – United Space Alliance • Stephen May – Cameron • Mike Theobald – Maersk Oil • Tom Van Aschwege – Stress Engineering • Karina Vitale – Chevron • Rune Mode - Statoil • Shadi – ODI • Co- Chairman • Don Wells – Hess • John Allen - GE • Mark Siegmund – BP • Champion • John Strutt - Astrimar • Record Keeper • Adriana Botto – Wood Group Integrity Management • Membership • Lars Buus - DNV • David Valentine – NASA – United Space Alliance • Denver Roopchand – Atkins • Dane Tipton – National Coupling • Fuad Ahmad – Petronas • James Cencula – GE • John Macneill – Stress Engineering

9. We’ve Organized Ourselves • Charter • Operations Activities • Integrity Management Activities • Detailed Description of Reliability Tools • Detailed Guidance of Technology Readiness • Mission • Identify Best Practices and Potential Improvements to the assessment and management of subsea reliability and Integrity throughout Design and Operation stages • Objectives • Draft Section to address Reliability and Integrity Management during Operations • Draft Section to provide Guidance on the Application of Reliability and Integrity Management • Make improvements to the existing document • Collection of Data • Clarity on Technical Readiness Levels • Align itself with DnV A 203

10. Path Forward • Will apply from Concept to Abandonment • Integrity Management will be integrated • It will not define the equipment, but leave it generic • It will include Strategies / Methodologies, recommendations • It will follow 17N basic steps • Define what is required up front • Live with it • Feedback Learning's • We will write separately then Integrate with 17N • Will take advantage of ASME Industry Forum in November

11. Divide and Conquer • Define IM…Reliability, Availability, etc • Gather other Industry Documentation • Write “How to Integrity Management” • Integrate into API 17N • IM into 17N or 17N into IM • Communicate • External • Internal