EXMAR report 2023

Just like EXCALIBUR, TANGO FLNG was repurposed for this project, as it was originally built for sheltered conditions. Both units needed to be prepared for permanent offshore mooring, tethered by chains and anchors to the seabed at a depth of 20 meters and spaced 25 meters apart. A permanent LNG transfer system (LTS) was essential, entailing the installation of two hoses between the LTS towers of both assets to ensure efficient LNG and vapor transfer between the production and storage units. EXMAR’s project development strength lies in the synergy between various teams, with an operations team engaged from the outset. Some of our current crew members have been involved since the initial phase of development and construction throughout the previous commissioning and operations, and they continue to be an integral part of the vessel’s core crew. Their exhaustive knowledge of the assets is unparalleled and fundamental for the execution of the conversion scope and preparations for the operations in Congo. Mobilization, installation & start-up In October 2023 senior representatives from EXMAR, Eni and Dry Docks World Dubai celebrated the departure of the TANGO FLNG and EXCALIBUR FSU vessels from Dubai to Congo in the presence of the Ministry of Hydrocarbons of the Republic of the Congo, Bruno Jean Richard Itoua. The FLNG was dry towed to Luanda, Angola, from where the barge was wet towed to the port of Pointe Noire in the Republic of the Congo. EXCALIBUR sailed straight to its mooring at Pointe Noire. The offshore installation activities by Eni started immediately thereafter. Eni announced the introduction of gas into the TANGO FLNG facility moored in Congolese waters at the end of December 2023, just twelve months after the final investment decision. This is a key milestone for the Congo LNG project, Eni and EXMAR as a group. Following completion of the commissioning phase, TANGO FLNG will produce its first LNG cargo by the first quarter of 2024, putting the Republic of the Congo on the list of LNG-producing countries. Facts & figures • 2018 EXMAR’s historical presence in Congo. • Stop flaring The project aims to fulfill the Republic of the Congo’s energy requirements and capitalize on excess gas for 0.6 MTPA LNG production to position the country among the world’s leading LNG exporters. Eni’s Congo LNG initiative, using Marine XII’s gas reserves and existing facilities, adopts a phased approach focused on eliminating routine gas flaring. • Innovation in mooring Patented technology and another world’s first. • One team EXMAR teams all working together: more than 180 people involved at peak project. • Record time Terminal startup achieved in record time, significantly less than the usual 4-5 years. • No incidents Three million person hours accident free! • Four assets Congo continues to be an important country for the EXMAR Group, with a stake in several assets performing in the country. • Local jobs & setup The Pointe Noire terminal in the Marine XII block is operated by a crew of 62, led by an offshore installation manager (OIM). Operational support comes from a local EXMAR office established in December 2023, with additional backing from Antwerp. This aligns with Congolese employment regulations and local content. A plan for nationalizing onshore and offshore staff has been presented to the Congolese authorities. Congo LNG INNOVATIONS 43

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