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RasGas Venture Update

Bill Bacon Senior Project Manager

Doha, Qatar September 27, 2007

Trains 6 & 7, AKG-2 and Common Offplot Projects Overview

RasGas Onshore Production Facilities


Train 1 Train 2 Train 3 Train 4 Train 5 Train 6

Helium AKG-1 AKG-2

Train 7

RasGas production will reach over 9 BCF/D by 2010

RasGas Onshore Production Facilities


565 m (1853 ft)*

Approximately 1.1 km

Burj Dubai: under construction, potentially the largest freestanding structure in the world.

* September 2007

Experienced Project Management Team Deployed Worldwide

Paris 15 Houston 5

Qatar 334 Dubai 30 Yokohama 48

Recently Completed Project Results


Project management success is measured via four key factors:
- Safety, cost, schedule and quality

Project safety results have been outstanding


- Performance is better than the Middle East Oil & Gas Producers as a whole - Use of ExxonMobil safety systems and management focus a key to success

Facility start-up has gone well with design capacity reached quickly
- Learnings shared between trains to allow continuous improvement in reliability

Each project completed on or ahead of schedule and within budget

Trains 6 & 7 Platform Construction


Both Jackets installed; 11 wells drilled out of 28 total Platforms to be installed first half of 2008

Wellhead 6 Production Platform

Wellhead 8 Production Platform

Drilling at Jacket

Train 6 Construction

Erecting Train 6 Amine Absorber Column (1,400 Tons)

Train 7 Construction

132-inch diameter Underground Cooling Water Lines

Propane & Ethane Bullets (Storage)

AKG-2 Construction Ramping Up

Wellhead 11 Jacket Loadout

Civil Works Progressing

Piperack

Slugcatcher

RasGas-Managed Common Offplot Projects Progressing Well

LPG Phase 1

LPG Phase 2 (2 tanks)

Condensate Phase 2 (6 tanks)

Condensate Phase 1 (8 tanks)

Liquids Storage Facilities (Tank Farm)

Liquids Loading Berths (RLC Port)

Liquid Storage Facilities (Tank Farm)

LPG Phase 1 Laffan Refinery

LPG Phase 2 (2 tanks)

Condensate Phase 2 (6 tanks)

QG Condensate RG Condensate Condensate Phase 1 (8 tanks) Oryx DEL, Pearl, Barzan

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