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pand its subsea solutions scope for its core products (trees, manifolds, control systems, template systems, ß owline con- nection systems) as well as new products (subsea processing: separation, boosting and gas compression; well intervention services; and ROVs and ROV manipula- tor systems). As of March 2014, FMC identiÞ ed potential for more than 300 major subsea production projects (val- ued at more than $150 million each) in the coming 15 months, including pros-pects for 48 trees for Nigeria, 38 for Nor- way and 20 for the Gulf of Mexico. Bandak GroupASThe Bandak Group Ð a complete multi-discipline project supplier to Subsea Pro-duction Systems (SPS) and Subsea Um-bilicals, Risers and Flowlines (SURF) players Ð provides advanced mechanical products, services and solutions to world- leading companies within oil and gas, marine, defense and space industries. The group provides deliveries; engineer- ing and project management, machining, welding, surface treatment, assembly, test, tubular services and documentation for some of the industryÕs top players, in Norway and globally, including key cus- tomers Statoil, FMC Technologies, GE Oil & Gas, Aker Solutions, Kongsberg, NationalOilwell Varco and Rolls-Royce. Bandak supplies mechanical subsys-tems and parts that are Þ tted into subsea production systems or drilling systems (quick connectors, leveling jacks, HUBs, pig launchers, guide posts, connectors, etc.), also supplying capacity related to drilling systems and equipment. Typi- cal products are drillpipe, casing, tub-ing and many types of related downhole products, including specialized services for OCTG. Bandak develops and manu- factures tools for various mechanical offshore operations, both subsea and topside, utilizing its capabilities within engineering, manufacturing, assembly, testing and documentation. With 10 lo- cations in Norway and two in Malay- sia, Bandak is a company on the rise, reporting 4x growth in the last three years and expanding its staff from 150 to 550 in the last four years. Bandak has recently expanded in the APAC oil and gas industry with the acquisition of fabrication and engineering company Bandak CEO Per Gunnar Borhaug MTR #6 (50-65).indd 53MTR #6 (50-65).indd 537/30/2014 4:27:18 PM7/30/2014 4:27:18 PM

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