[FPU in construction in SHI''s Geoje Shipyard; SHI has a proven track record in FPU]

◇ SHI Won an order for a Semi-Submersible Production Platform for GoM Mad Dog Field

 - Significant offshore platform weighing 58,000tons, with capacity of daily production of 110,000 barrels of oil

SHI won a contract to build a large offshore platform, the first order among Korean shipyards in 2017.

SHI revealed on January 5th 2017 that they are the winner of an international bid to build a KRW 1.5 trillion

(US$ 1.27bn) FPU for a US operator.

The FPU weighs 58,000 tons with capacity of 110,000 barrels of oil and 25mcf of gas.

SHI is a proven offshore solution market leader with track record including Ichthys CPF and Prelude FLNG.

They are the only shipyard to win offshore newbuild contracts since 2015.