© 2012 BAKER HUGHES INCORPORATED.  ALL RIGHTS RESERVED.  TERMS AND CONDITIONS OF USE:  BY ACCEPTING THIS DOCUMENT, THE RECIPIENT AGREES THAT THE DOCUMENT TOGETHER WITH ALL INFORMATION INCLUDED THEREIN IS THE CONFIDENTIAL AND PROPRIETARY PROPERTY OF BAKER HUGHES INCORPORATED AND INCLUDES VALUABLE TRADE SECRETS AND/OR PROPRIETARY INFORMATION OF BAKER HUGHES (COLLECTIVELY "INFORMATION").  BAKER HUGHES RETAINS ALL RIGHTS UNDER COPYRIGHT LAWS AND TRADE SECRET LAWS OF THE UNITED STATES OF AMERICA AND OTHER COUNTRIES.  THE RECIPIENT FURTHER AGREES THAT THE DOCUMENT MAY NOT BE DISTRIBUTED, TRANSMITTED, COPIED OR REPRODUCED IN WHOLE OR IN PART BY ANY MEANS, ELECTRONIC, MECHANICAL, OR OTHERWISE, WITHOUT THE EXPRESS PRIOR WRITTEN CONSENT OF BAKER HUGHES, AND MAY NOT BE USED DIRECTLY OR INDIRECTLY IN ANY WAY DETRIMENTAL TO BAKER HUGHES’ INTEREST.

Baker Hughes

Norway Geomarket

Eivind BorsheimSupply Chain Manager

Sjølogistikk konferanse 2013

27. August 2013

Topics

•Logistikk og Transport på sjø

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Baker Hughes Offers Technological Innovation

• Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry.

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About Baker Hughes

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*FY 2011

2012 Revenue Research &Technology Investment

Employees Product Lines Operations

$21,4 billion

$497million

60,000+ 22 80+ countries

4

A Customer-Focused Organization

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Business Segments

Reservoir Development Services

Drilling and Evaluation

Completions and Production

Pressure Pumping

Industrial Services

Integrated Operations

Global Support

Portfolio Management

Global Marketing

Supply Chain

Reliability and Quality

Gulf of Mexico

US Land

Canada

Latin America

Europe

Africa

Russia Caspian

Middle East Asia Pacific

Region headquarters Geomarket headquarters

5

Europe Region

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Region Headquarters

• London, UK

Geomarket Headquarters

• Stavanger, Norway

• Aberdeen, UK

• Milan, Italy

6

Region headquarters Geomarket headquarters

Norway Geomarket

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Key Facts

• Revenue 2012: $780 million

• 1400 employees• 97% local workforce

• 41 years in Norway

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Baker Hughes – Positioned for Growth

Local Presence & Investment

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Tananger

Bergen

Trondheim

Hammerfest

Gulen

Dusavik

Sandnessjoen

Kristiansund

Key Facts

• 11 Facilities

• Servicing NCS

• North Sea• Norwegian Sea• Barents Sea

• Hammerfest Jan 2013

Barents Sea

Norweg

ian

Sea

Nor

th S

ea

MongstadCCB

Distance from Stavanger

• From Stavanger to (South):• Rome 2.575 km / 1.600 Miles• Moscow 2.552 km / 1.586 Miles• Budapest 2.045 km / 1.271 Miles• Paris 1.935 km / 1.202 Miles• Warsaw 1.814 km / 1.127 Miles• Berlin 1.154 km / 717 Miles

• From Stavanger to (North):• Hammerfest 2.443 km / 1.518 Miles• Sandnessjøen 1.294 km / 804 Miles

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Do we choose the Sea Route ?

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Key Facts• In 2012 we shipped approx 110.000 tons Base–Base in Norway All with Truck

• Correspond to 4.000 fully loaded semitrailer each year (11 each day!)

• From August – December 2012 we shipped 430 tons using boat to / from Hammerfest with Norlines – to test the system

• 2013 January – July: 2.100 tons using boat to / from Hammerfest & Sandnessjøen with Norlines

• The activity in North will increase the following years!

Important issues• Reliable / Punctuality

• Flexibility / Frequency

• Price / Environment

• Simplicity

QUESTIONS?

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