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J. Ray McDermott Sends Jacket to India from Louisiana

Maritime Activity Reports, Inc.

August 31, 2007

J. Ray McDermott (J. Ray) project staff at the Morgan City fabrication yard successfully completed the load-out of a 9,015-ton jacket built for Reliance Industries Limited as part of an Engineering, Procurement, Construction and Installation contract/purchase order undertaken at J. Ray company facilities worldwide.

The load-out, which took just over 23-hours from start to finish, was the culmination of just over 12 months of hard work fabricating the jacket for the KG-D6 field on the east coast of India. Before embarking on its 13,375-nautical mile journey around the world, the jacket’s first stop was Pascagoula, MS where it rendezvoused with a Fast Transport Vessel (FTV). The jacket and cargo barge were loaded onto the FTV for a 46-day journey to the J. Ray marine and fabrication base on Batam Island, Indonesia via the Suez Canal. After being offloaded from the FTV, the jacket and cargo barge will be towed for approximately 12 days to the East Coast of India.

The jacket was built at J. Ray’s Morgan City fabrication yard. The piles and topsides are currently being fabricated at the company’s Jebel Ali yard in the United Arab Emirates, with the piles scheduled for load-out in the near future and the topsides scheduled for sail away in early 2008. Design and engineering work were completed by J. Ray McDermott Engineering in Houston, and all installation work will be carried out by J. Ray’s in-house marine fleet. Once the jacket and topsides are installed, hook up will commence with expected completion during the first quarter of 2008, bringing the entire project to a close in approximately 22 months.