Drill ships enable drilling of oil in deep seas,
or on seas with harsh waves. Equipped with
an ice-resistant design, Samsung Heavy Industries¡¯
drill ships for Arctic Ocean ordered in 2007
are the world's first.

SHI¡¯s drill ships for Arctic Ocean enable drilling up
to 11 km deep, and as all equipment and materials are
protected against low temperatures, the ships can be
operated at temperatures as low as -40 degrees. Priced
at USD 0.6 billion per unit, drill ships are high-tech ships
with high added value, and as they require advanced
shipbuilding technologies and deep-sea drilling
techniques, it can be particularly hard to meet
the requirements of clients in this sector. Samsung Heavy
Industries received an order for a drill ship worth
USD 0.912 billion, a record-high price for a Korean ship,
from Stena(Sweden).

As of September 2012, SHI has
recorded the world¡¯s No. 1 market share in the large drill
ship sector (42%), receiving orders for 56 of the 133 large
drill ships ordered worldwide since 1996.

LNG-FPSO (Liquefied Natural Gas-Floating Production
Storage Offloading) is a structure providing functions such
as production, refining, liquefying and storage of natural
gases offshore. The world¡¯s first LNG-FPSO was
developed by Samsung Heavy Industries in 2008.

A high added value ship with a price more than four times
that of ordinary large LNG carriers, LNG-FPSO eliminates
the need to build in-land liquefying and storage facilities,
which can cost up to KRW 2 trillion, and is customized for
the commercialization of small- and mid-sized gas fields.

SHI has orders for all of the six units of LNG-FPSO
that have been globally placed, and it also signed a
long-term supply contract with Royal Dutch Shell,
the world¡¯s largest energy firm, in July 2009. Under the
contract, the Company will supply a total of ten units of
LNG-FPSO worth USD 50 billion over the next 15 years.

FPSO stands for a Floating Production, Storage and
Off-loading vessel, and is a high-priced offshore structure
used for the rapid development of oil fields, applications in
deep-sea oil fields or the development of small- and
mid-sized oil fields.

As FPSOs are not independent vessels but part of oil field
development projects worth billions of dollars,
any unexpected accidents or problems with an FPSO
poses the risk of suspension of oil field development.
Technology secured with experience alone is not sufficient
to prevent risks. An FPSO is a high-tech offshore structure
that requires the highest level of reliability and stability,
which can only be secured through rigorous scientific
verification.

Samsung Heavy Industries¡¯ FPSO building technologies
have been proven by its successful delivery of a total
of 15 units of FPSO to the world¡¯s most prestigious major
oil firms.

Floating offshore vessels are used for the drilling
of deep-sea oil fields and production offshore, and are
growing in significance with the increased need for
deep-sea oil development.

Samsung Heavy Industries built West Phoenix and West
Eminence, the world¡¯s largest semi-submerged oil drilling
vessels with the capacity of 30,000 ton, using its own
technology, and successfully delivered these two vessels
to Seadrill in 2008 and 2009, respectively. In particular,
West Phoenix signaled the true beginning of the EPC
offshore construction business of Samsung Heavy
Industries, as the company handled the entire cycle, from
design to purchase of materials and construction.

In July 2010, the company became the first Korean
shipbuilder to successfully joint the top side of 10,000§³
and the hull at an offshore site. This achievement was
widely heralded as a major advancement in Korean
offshore plant building technology.

Offshore platforms are used for the development of marine
resources fixed at an offshore location.

There are various types of fixed platforms, including
Concrete Gravity Platforms, Jacket Platforms,
Guyed Towers, and JACK-UP RIGs. Since taking
the dominant position in the drill ship market, Samsung
Heavy Industries has been expanding its presence in the
offshore plant market, winning orders for platforms from
the world¡¯s major oil companies.

SHI has fortified its reputation in the global offshore
platform market by successfully delivering two units
of the world¡¯s largest offshore platforms to Sakhalin Energy
Investment Company of Russia in 2006 and 2007,
respectively.

A CPF (Central Processing Facility), which Samsung
Heavy Industries will build for INPEX, a Japanese
Australian resource developer, is a floating offshore
production unit where gases are produced from oil fields
and processed at offshore sites.

As the world¡¯s largest facility of its kind, with a width
and length of 110m, respectively, and a total weight of
100,000tons, the CPF will be registered in the Guinness
World Records.

Following the development of the world¡¯s first LNG-FPSO,
Samsung Heavy Industries is writing a new chapter in the
history of offshore gas plants by winning an order for the
world¡¯s largest CPF.

Samsung Heavy Industries built SaiBOS FDS,
the multi-purpose FDS, in November 2000, a first in Korea.
With its excellent Dynamic Positioning and lowest levels of
noises and vibrations, SaiBOS FDS proves the excellence
of Samsung Heavy Industries in advanced special ships.

Saipem FDS, for which the order was placed in June 2008,
can navigate at 13 knots, and is capable of exploration
and mining up to 3,000 m deep.

Samsung Heavy Industries received an order for a wind
turbine installation vessel in October 2010. The vessel
is capable of transporting and installing 12 units of
3.6 MW-class wind power generators simultaneously,
and can install one generator every 36 hours,
even in harsh conditions like wind velocity of 20 m/s and
waves of 2.5 m.

The vessel is fixed to the sea bottom with six pillars, and
the body of the vessel is lifted into the air with 10 m
distance between the sea surface and the vessel.
This structure minimizes the impact of waves and wind,
and maximizes accuracy and speed in installation.