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Noble, OTC Distinguished Achievement Award

Maritime Activity Reports, Inc.

February 27, 2009

The Offshore Technology Conference (OTC) will present the 2009 Distinguished Achievement Awards to Peter G. Noble for his marine design innovations and to Sakhalin Energy Investment Company for the Sakhalin II Phase 2 Project. The presentation will take place at the annual OTC Awards Luncheon on 5 May at Reliant Center in Houston, Texas, USA. The OTC will be held 4-7 May 2009, marking the event's 40th anniversary.

Noble, who is ConocoPhillips' chief naval architect, will receive the OTC Distinguished Achievement Award for Individuals for his contributions to innovative marine vehicle and floating offshore systems design and engineering, including LNG vessel design, arctic engineering and icebreaker technology, and for his dedication to encouraging and mentoring students and younger professionals.

OTC's Distinguished Achievement Award for Companies, Organizations and Institutions recognizes Sakhalin Energy Investment Company for the Sakhalin II Phase 2 Project, which implemented complex integrated project facilities in a technically challenging and environmentally sensitive arctic environment, demonstrating significant achievements in technical excellence, project execution effectiveness and HSES performance.

OTC also will present a Heritage Award that recognizes an individual for distinguished service and significant contributions to the development of offshore resources. The Heritage Award recipient is Wolfgang E. Schollnberger, retired vice president of technology for BP, for his outstanding service to the industry through his advocacy of new technology and his leadership of  professional societies, including serving as chairman of the OTC Board of Directors.

The keynote address at the luncheon will be presented by Thierry Pilenko, chairman and chief executive officer of Technip.

(www.otcnet.org/2009)

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