1 Table of Contents 1 Table of Contents 2 1.1 List of Tables 4 1.2 List of Figures 5 2 Introduction 6 2.1 What is This Report About? 6 2.2 Market Definition 6 3 United Kingdom Energy Sector 7 3.1 United Kingdom Energy Sector, Market Overview 7 3.2 United Kingdom Energy Sector, Oil 8 3.2.1 United Kingdom Oil, Overview 8 3.2.2 United Kingdom Oil, Supply and Demand Balance 8 3.2.3 United Kingdom Crude Oil, Regulatory Structure 14 4 United Kingdom Refining Industry 15 4.1 United Kingdom Refining Industry, Key Data 15 4.2 United Kingdom Refining Industry, Overview 15 4.3 United Kingdom Refining Industry, Total Refining Capacity 15 4.4 United Kingdom Refining Industry, Crude Distillation Unit Capacity 17 4.5 United Kingdom Refining Industry, Coking Capacity 18 4.6 United Kingdom Refining Industry, Fluid Catalytic Cracking Capacity 18 4.7 United Kingdom Refining Industry, Hydrocracking Capacity 19 4.8 United Kingdom Refining Industry, Asset Details 20 4.8.1 United Kingdom Refining Industry, Active Asset Details 20 5 Recent Contracts 34 5.1 Detailed Contract Summary 34 5.1.1 Awarded Contracts 34 6 Financial Deals Landscape 43 6.1 Detailed Deal Summary 43 6.1.1 Debit Offerings 43 7 Recent Developments 45 7.1 Other Significant Developments 45 7.1.1 Apr 06, 2016: Thames Oilport Completes First Phase Of Development 45 7.1.2 Dec 25, 2015: Gazprom Neft Omsk Refinery Completes Large-Scale Reconstruction Of KT-1/1 Atmospheric Residue Deep Conversion Complex 46 7.1.3 Jul 24, 2015: Koole Terminals Starts Operating Former BP’s Storage Terminal In Pernis 46 7.1.4 Jul 23, 2015: Hydrodec Group: Update On UK Re-Refining Project - Agreement For Lease 47 7.1.5 Jun 25, 2015: Wood Group: Trading Update For The Six Months To June 2015 48 7.1.6 Apr 16, 2015: Total’s French Refining Roadmap: Upgrade Donges And Transform La Mede 50 7.1.7 Feb 13, 2015: Total Plans To Eliminate 180 Jobs At Lindsey Refinery In UK 52 7.2 New Contracts Announcements 53 7.2.1 Feb 16, 2016: Wood Group Enters New Sector In UK With Valero Energy Refinery Contract 53 7.2.2 Sep 15, 2015: KBC Advanced Technologies: Significant Reliability And Maintenance Contract Award With Major Russian Refining Company 53 7.2.3 Aug 24, 2015: Porvair: Filtration Specialist Manufactures Key Assemblies For Major South African Refinery 54 7.2.4 Apr 22, 2015: OptaSense Enters Into Major Framework Supply Agreement 55 8 Appendix 57 8.1 Abbreviations 57 8.2 Methodology 57 8.2.1 Coverage 57 8.2.2 Secondary Research 58 8.3 Disclaimer 58

1.1 List of Tables Table 1: Oil Industry, United Kingdom, Historical and Forecast of Oil Production and Consumption (mbd), 2000-2020 9 Table 2: Oil Industry, United Kingdom, Historical and Forecast of Oil Exports and Imports (mbd), 2000-2020 11 Table 3: Oil Industry, United Kingdom, Historical Crude Oil Reserves (billion bbl), 2000-2015 13 Table 4: Refining Industry, United Kingdom, Key Statistics, Jun 2016 15 Table 5: Refining Industry, United Kingdom, Total Refining Capacity (mbd), 2011-2021 15 Table 6: Refining Industry, United Kingdom, Crude Distillation Unit Capacity (mbd), 2011-2021 17 Table 7: Refining Industry, United Kingdom, Coking Unit Capacity (mbd), 2011-2021 18 Table 8: Refining Industry, United Kingdom, Fluid Catalytic Cracking Unit Capacity (mbd), 2011-2021 18 Table 9: Refining Industry, United Kingdom, Hydrocracking Unit Capacity (mbd), 2011-2021 19 Table 10: CAN Group Secures Five-Year Contract From Essar Oil UK 34 Table 11: Vergaengineering Secures Contract From Exxon Mobil 36 Table 12: Wood Group PSN’s Industrial Service Line Business-Wood Group Industrial Services (WGIS), Has Signed A Framework Agreement For A Five-Year Contract With Valero Energy 37 Table 13: William Tracey Group Secures Contract From Ineos Chemicals Grangemouth 39 Table 14: Cape Secures Five Year Contract From ExxonMobil 40 Table 15: PAS Secures Multi-Year Contract From BP’s 42 Table 16: BP Completes Private Placement Of 1% Bonds, Due 2023 For US$580 Million 43 1.2 List of Figures Figure 1: Energy Industry, United Kingdom, Primary Energy Consumption Split by Fuel Type (%), 2015 7 Figure 2: Oil Industry, United Kingdom, Historical and Forecast of Oil Production and Consumption (mbd), 2000-2020 10 Figure 3: Oil Industry, United Kingdom, Historical and Forecast of Oil Exports and Imports (mbd), 2000-2020 12 Figure 4: Oil Industry, United Kingdom, Historical Crude Oil Reserves (billion bbl), 2000-2015 14 Figure 5: Refining Industry, United Kingdom, Total Refining Capacity (mbd), 2011-2021 16