BOOST OUTPUT REDUCE INTERVENTIONWELL INTERVENTION

2 Sandvik offshore oil and gas portfolio | Well intervention 3Sandvik offshore oil and gas portfolio | Well intervention

WE HELP YOUGET THEREYour well intervention crews face greater challenges than ever before. Whether it’s more corrosive environments, longer tubing or demands for improved efficiency, there’s no room for unnecessary risks. Are your slicklines and coiled tubing strings for tool deployment up to the job? Do you have the lightest, most corrosion- resistant materials? Above all, can you guarantee you’ll safely and effectively hit your window of opportunity for workover?

The rewards for safe and efficient well interventions are high – and rising. But as operations become more complex and costly, carbon-based coiled steel tubing is no longer always up to the challenge. This is why we continue to develop new corro-sion-resistant alloys for slicklines, logging cables (wirelines), control lines and chem-ical injection lines to overcome even the most extreme challenges. It’s also why we’ve developed ClikLocTM, a reliable, game-changing connector that eliminates the need for threaded and flanged connections on workover risers. All to boost your efficiency, improve safety and amplify your possibilities.

When we say, “We help you get there,” it captures our commitment to help you overcome the obstacles you face when extending the lifetime of your wells. Whether you’re aiming to minimize risks, boost productivity or even unlock hidden reserves in existing wells, let’s talk possibilities.

2 3Sandvik offshore oil and gas portfolio | Well intervention

4 Sandvik offshore oil and gas portfolio | Well intervention 5Sandvik offshore oil and gas portfolio | Well intervention4

ADVANCED METALLURGY IMPROVES YOUR SAFETY Extreme offshore environments demand extreme safety. And while it might sound odd to claim that a deeper understanding of molybdenum or nickel can improve your safety, that’s exactly what we’re saying. In fact, the selection and use of the “right” corrosion resistant material for coiled tubing, OCTG tube, umbilicals and other products can be critical.

Like you, we regard safety as our guiding star. Wher-ever our products are handled, be it in Sandvik’s own mills, the fabricator’s manufacturing facility, or in the end user’s environment, accidents and environmen-tal hazards must be avoided at any cost. That’s why Sandvik applies safety measures in every step of the process. We also use a large amount of recycled material to make our production sustainable. Our “Zero Accidents” ambition applies to our staff, customers, suppliers, strategic partners and the environment.

RUST NEVER SLEEPS Although we cannot walk the decks of your oil rigs, platforms or intervention vessels every day, we’re acutely aware of the dangers in harsh conditions. We see your tough routines. We appreciate the fact that our corrosion-resistant tube, strip, slicklines and other products are helping you to work safely in all phases of the oilfield.

THINKING OF YOUR CREWS The mechanical and chemical properties of a particular grade of tube or wire can have a key impact on safety. Take the electrical or hydraulic lines that connect to valves, kill and choke lines, blowout preventers and riser joints. All it takes is a bit of corrosion or cracking to jeop-ardize the safety of your crew and the environment.

FOCUSING ON PREVENTIVE SAFETY When it comes to drilling and well completion, we understand that well temperatures, pressure and sour-ness can be critical issues. And as one deck hand told us: “One breath of H2S and you’re out.” Similarly, using premium quality well intervention and workover tools is also vital.

“OUR ‘ZERO ACCIDENTS’ AMBITION APPLIES NOT ONLY TO OUR OWN STAFF, BUT TO OUR CUSTOMERS, SUPPLIERS, STRATEGIC PARTNERS AND THE ENVIRONMENT AS WELL.” PETRA EINARSSONPRESIDENT, SANDVIK MATERIALS TECHNOLOGY

“WHETHER IT’S AN UMBILICAL TUBE, COILED TUBE OR SLICKLINE, CHOOSING THE RIGHT MATERIAL CAN HAVE A MAJOR IMPACT ON SAFETY.” OLLE WIJK, HEAD OF SANDVIK R&D

6 Sandvik offshore oil and gas portfolio | Well intervention 7Sandvik offshore oil and gas portfolio | Well interventionSandvik offshore oil and gas portfolio | Well intervention6 7

We offer a range of strong, light-weight and corrosion-resistant tube in austenitic and duplex stain-less steels as well as nickel-based alloys for hot and sour downhole well environments.

• OCTG casing and tubing

• Downhole control lines

• Hydraulic lines for drilling risers

• Downhole drilling tools

• Tubing for well screens

• Chemical injection tubing

• Downhole permanent tools • Sandvik ClikLocTM Connectors • C/WO risers

We are the world’s leading supplier of seamless umbilical tubing made of super duplex stainless seamless steel (Sandvik SAF 2507TM).

• Umbilical tubing

• Flowlines and piping systems • Line piping

• Instrument tubing and subsea template piping

• HIP products (manifolds, Y-pieces.)

To help extend the lifetime of the well and carry out repairs or diag-nostics, we offer a wide range of products for safe and efficient well intervention and workover.

• Slickline • Wireline• Coiled tubing strings (1.5” - 2 3/8”)• Sandvik ClikLocTM Connectors • C/WO risers

DRILLING AND WELL COMPLETION

SUBSEA INFRASTRUCTURE

WELL INTERVENTION

IT’S A BROAD PORTFOLIO.HOW CAN YOU PUT IT TO THE TEST?Day in and day out, Sandvik corrosion resistant alloy tube, wire, strip and other products are being used to enhance the productivity of upstream oil and gas drilling and production. Your subsea challenges inspire us to develop forward-thinking solutions that can amplify your possibilities.

8 Sandvik offshore oil and gas portfolio | Well intervention 9Sandvik offshore oil and gas portfolio | Well intervention

OPTIMIZE THE FLOW OF YOUR LIQUID ASSETS We know how important fast, safe and efficient well interventions are to extending the lifetime of your wells. If you don’t hit your “window of opportunity” just right, you could end up waiting months for weather conditions to calm down, with an unacceptable loss of production. That is why we continue to develop new corrosion- resistant alloys for slicklines, coiled tubing for well intervention and other innovations to boost your productivity.

Despite the trend to drill further offshore, we see an equally strong desire to get more out of existing wells. It’s no longer acceptable to achieve well extraction rates of just 20 - 30%. With the rise of new well stimu-lation techniques and tools, you now have better ways than ever to deal with changing reservoir conditions, wax build up and deteriorating productivity. In Norway, for example, thanks to new types of rigs and advanced technology, a major oil producer was able to boost oil recovery rates off the Norwegian continental shelf to 50%. This included aging subsea wells containing oil and gas that would otherwise be lost.

LIMITATIONS OF STANDARD COILED STEEL For easier workovers, carbon-based coiled steel tubing and wireline may be suitable. But as conditions become more challenging, we see rising interest in corrosion-resistant alloys to ensure safety and better productivity. First, there is a need to maintain the life-time of the wire or tube, despite more sour conditions. Second, as slicklines and coiled tubing strings become longer, due to greater sea depths, there is also a need to reduce weight. Finally, nobody wants to lose a tool down the well due to a snapped slickline.

BETTER FATIGUE RESISTANCE, LONGER LIFETIMEWith intervention vessels costing $250,000 - $300,000 a day, there is no time to waste. To overcome the above challenges and ensure safe, efficient repairs or diagnostics, we offer a wide range of solutions – from wireline products (slickline monofilament wire) to coiled tubing. The use of Sandvik SAF 2507TM super duplex stainless steel material ensures increased fatigue resistance and longer life expectancy. Depending on

your well intervention needs and the environment of your subsea wells, you can pinpoint the type of material that’s best suited to open new possibilities for you.

SAFE, TIME-SAVING CLIKLOCTM CONNECTOR Looking beyond advanced materials alone, our Sandvik ClikLocTM Connector is a safe, innovative bayonet-type, stab-in, self-centering device that saves 80% on make and break times. When produced in Sandvik SAF 2507TM super duplex, it also ensures very good strength and corrosion resistance. The innovative connector also maximizes safety since it eliminates the hazard of falling objects such as nuts and bolts. In short, it offers you a safe and efficient solution to boost the productivity of your well intervention.

1. Sandvik ClikLocTM Connector: With no loose components or make-up tools needed, this self-centering connector elimi-nates the hazard of falling nuts and bolts during workover.

2. Sanicro 36MoTM Slickline: Our toughest high-alloy material was developed for slicklines and logging cables operating in sour well conditions with H

2S and CO2.

3. 80% time savings: Our game-changing and reliable Sandvik ClikLocTM Connector eliminates the need of threaded and flanged connections on workover risers.

3.

2.

1.

8 9Sandvik offshore oil and gas portfolio | Well intervention Sandvik offshore oil and gas portfolio | Well intervention

10 Sandvik offshore oil and gas portfolio | Well intervention 11Sandvik offshore oil and gas portfolio | Well intervention

WHEREVER YOU ARE, WE’VE GOT YOU COVEREDAre you doing well intervention in the Gulf? Overseeing workover in hot and sour wells off the coast of Brazil? As a global company, we are present in 130 countries, including major oil hubs such as Aberdeen, Stavanger, Houston, São Paulo, Dubai and Singapore.

SUPPORTING YOUR GLOBAL BUSINESSOver the years, we’ve provided corrosion-resistant OCTG tubing, hydraulic control lines, pipe, slick-lines, welding products, powder- based HIP products and umbilical tubing to virtually every major oil

and gas company and fabricator. Our manufacturing facilities are located in Sweden, Czech Republic, USA, Canada, China, India, France and Germany. Steel melting and our main plant for subsea products is situated in Sandviken, Sweden.

UNIQUE CONNECTOR COMPETENCE IN STAVANGER Uniquely, we control the entire production process – from melt to the finished product. Apart from tube, wire and strip, the resulting material is also used to create a game-changing Sandvik ClikLocTM Connector that replaces bolts and

flanges for workover risers. This unique solution is handled through our dedicated team in Stavanger, Norway. The same unit specializes in well intervention coiled tubing, velocity string applications, IGLS, workover and artificial lifts. So what-ever your well intervention goals may be, we help you get there.

SANDVIK O&G OFFICES USAHouston, Texas

BRAZILSão Paolo

UKAberdeen, Scotland

NORWAYStavanger

UAEDubai

SINGAPORESingapore

CONTACT US

Sandvik Materials Technology SE-811 81 Sandviken, Sweden, Phone +46 26 26 00 00www.smt.sandvik.com