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Local Content Achievements... Nigerian Content Achieved: 54% NC in 2023 Fabrication Yard Capacity Achieved: 250,000 MT SAIPEM, AVEON, NIGERDOCK, EWT NESTOIL, SHI-MCI YARD, MG VOWGAS YARD FPSO Integration Yard: SHI- MCI, Lagos Pipemills Pipecoating Yards 2 6 Industrial Parks - 2 Ready to go, HCD- Trained over Marine NCIF Vessels 15,000 in >'$450mln 60% 6 More planned Vocational and Professional Skills Funding for Nigerian Local Vendors Iviarch 6, 2024 (c) Copyright of NCDMB www.ncdmb.gov.ng NCARD Owned Vessels Between 2017 & 2023, out of about U$7bn worth of marine vessel services tracked by NCDMB, 60% were executed using Nigerian owned assets 5

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