George Adams OSI Minerals

1. Deepsea Mineral
Vertical Transport System

2. 9 May 2023 | Slide 2
Introduction
Oil States Industries is a major global provider of integrated energy systems and solutions. We enable
our customers to build and operate high-performance offshore assets in the most demanding
environments.
With leading-edge technologies and technical expertise, we deliver award winning reliable, cost-effective
solutions across offshore Oil & Gas, Floating Wind and Deepsea Minerals industries.
With a strong track record of supporting customer success for over 80 years, Oil States now includes fully
integrated Deepsea Mineral Transport systems within our field proven product portfolio.
OSI’s chosen Pump provider is prolific within the terrestrial mining world, their equipment can be found
in every major mining territory and right now is transporting ore slurries as far as 600 kilometres over
ground.
Together we share a 230-year cycle of industry leading innovation – learning – innovation.
Our jointly developed Vertical Transport System benefits from our unique heritage.

3. 9 May 2023 | Slide 3
Agenda
1. OSI introduction
2. Vertical Transport System description (VTS)
3. Animation
4. Uplift methods
5. OSI Automated Merlin™ Riser System
6. Advantages

4. 9 May 2023 | Slide 4
Oil States Industries

5. 9 May 2023 | Slide 5
Oil States International | Organizational Structure
Oil States International | Organizational Structure
VP, HSE &
Sustainability
Gary W. Childress
VP, Audit and
Compliance, CCO
Todd C. Witherington
VP Legal & Corporate
Secretary
William E. Maxwell

6. 9 May 2023 | Slide 6
Houston, TX USA
Arlington, TX USA
Houston, TX USA
Houma, LA
USA
Lampasas, TX USA
Tulsa, OK USA
Oklahoma City, OK USA
Aberdeen, Scotland UK
Heartlands, Scotland UK
Marseille, France
Las Palmas, Spain
Baku, Azerbaijan
Dubai, UAE
Abu Dhabi, UAE Mumbai, India
Santa Cruz & Macaé, Brazil
Rio de Janeiro, Brazil
Rayong, Thailand
Vietnam
Singapore
Perth, Australia
Kuala Lumpur,
Malaysia
Shenzhen, China
Macaé, Brazil
OSI’s Global Network
Operating Division / Sales, Manufacturing & Service
Regional Sales Location
Worldwide Operations

7. 9 May 2023 | Slide 7
OSI UK, Heartlands Centre of Excellence Facility
▪ 28 Acre site (11.3 hectares)
▪ 250,000ft² of covered workshop
space (23,226m²)
▪ 20,000ft² Office Complex (1,858m²)
▪ Custom Built Facility
▪ Design – Development – Test &
Qualification
▪ From Concept to Field Ready
▪ Located 30 minutes from
Edinburgh Airport

8. 9 May 2023 | Slide 8
OSI Ultra-Deep Water
Field Proven Ultra-Deep-Water Technology
▪ Ultradeep Water Riser
▪ Designed for water depths of 6,000
meters (19,685 feet)
▪
▪ Chosen by JAMSTEC for Chikyu and Allseas
for Hidden Gem
▪ Successfully field proven at 4,500 meters
(14,764 feet)
▪ Spotlight on New Technology ® Winner
2021

9. 9 May 2023 | Slide 9
Deepsea Mineral Recovery System
Mining riser
Mining harvester Pressure Exchange Chamber (PEC)
Mining and support vessels
PD pumps located on Surface Vessel

10. 9 May 2023 | Slide 10
Deepsea Mineral Recovery animation

11. 9 May 2023 | Slide 11
Crankshaft driven piston diaphragm pumps
▪ Pro’s (vs. hydraulic driven)
▪ High reliability, typical 98%
▪ Low number of wear parts
▪ High power, up to 3 MW per pump
▪ High energy efficiency, up to 95%
▪ High pressure, up to 250 bar and beyond
▪ Con’s (vs. hydraulic driven)
▪ Higher CAPEX compared to DH
▪ Limited particle size, <500 μm
▪ Applications
▪ Concentrate pipeline
▪ Process feed
▪ Tailing disposal

12. 9 May 2023 | Slide 12
Comparison of competing technologies
PD hydraulic ore
hoisting system
Oil & Gas Mud
Pump (SSLP)
Centrigugal Pump
(CP) system
Air lift system

13. 9 May 2023 | Slide 13
Uplift Energy Efficiencies
Positive
Displacement
Pump at surface
50%
Air Uplift
20%
Centrifugal
pump in series
30%
Centrifugal pump
at surface
45%
Electrical energy input normalized by nodule delivery volume to surface

14. 9 May 2023 | Slide 14
Pilot scale prototype

15. 9 May 2023 | Slide 15
Oil States Industries
Merlin™ Mineral Riser System

16. 9 May 2023 | Slide 16
Award Winning Solutions
Winner 2021
OSI’s Deepsea Mineral Riser received a prestigious Spotlight on New Technology®
award from Offshore Technology Conference, Houston
OTC 2021 Announces Spotlight on New Technology® Award Recipients - OTCnet.org

17. 9 May 2023 | Slide 17
OSI MerlinTM connector
▪ Mature proven Connector design, first production 1989
▪ In excess of 400,000 Merlin Connectors manufactured to
date
▪ Smallest Connector to date 8.625” diameter by 0.5” wall
▪ Largest Connector to date 72” diameter by 2.5” wall
▪ Non - Helical connection
▪ No Bolts
▪ No Moving Parts
▪ Manufactured from 80Ksi or 110Ksi material
▪ Automated Spider
▪ Safe
▪ Fast
▪ Robust
▪ Reliable

18. 9 May 2023 | Slide 18
Merlin™ Wear Test

19. 9 May 2023 | Slide 19
Wear Test
▪ 200 off ‘DIRTY’ make & Breaks
▪ Connector CMM Inspected, compared to
manufacturing report.
▪ Subjected to 6,000,000 Lbs tension with 5,000 psi
bore pressure.
Merlin™ Wear Test
Image 1: Tension with combined Bore Pressure Test
Image 2: Connector condition upon completion of test
1
2

20. 9 May 2023 | Slide 20
OSI Ultra-Deep Water
Field Proven Ultra-Deep-Water Technology
▪ Ultradeep Water Riser
▪ Designed for water depths of 6,000
meters (19,685 feet)
▪
▪ Chosen by JAMSTEC for Chikyu and Allseas
for Hidden Gem
▪ Successfully field proven at 4,500 meters
(14,764 feet)
▪ Spotlight on New Technology ® Winner
2021

21. 9 May 2023 | Slide 21
OSI Ultra-Deep Water
Field Proven Ultra-Deep-Water Technology
▪ Chosen by JAMSTEC for 2022’s pilot Mud Lift project
▪ Run to 2,470 meters water depth
IMAGES 🄫SIP/JAMSTEC IMAGES 🄫SIP/JAMSTEC

22. 9 May 2023 | Slide 22
OSI Ultra-Deep Water
Field Proven Ultra-Deep-
Water Technology
▪ Located in Japanese
Exclusive Economic Zone
▪ Pilot successfully
recovered approximately
70 tonnes per day
IMAGES 🄫SIP/JAMSTEC IMAGES 🄫SIP/JAMSTEC

23. 9 May 2023 | Slide 23
OSI Ultra-Deep Water
Field Proven Ultra-Deep-
Water Technology
▪ Chosen by Allseas for 2022’s
pilot Nodule Lift project
▪ Run to 4,500 meters water
depth
Images courtesy of Allseas

24. 9 May 2023 | Slide 24
OSI Ultra-Deep Water
Field Proven Ultra-Deep-Water Technology
▪ 165 hour run time
▪ Record Production Run of 29 continuous hours
▪ Peak Production Rate of 84 Tonnes per Hour
▪ Travel time from 4,500 meter to surface 16 – 20 minutes
Images courtesy of Allseas

25. 9 May 2023 | Slide 25
OSI MerlinTM Hands Free Riser Make-up
▪ Merlin™ riser systems. Automated Hands-Free Make-Up and Breakout

26. 9 May 2023 | Slide 26
OSI MerlinTM Hands Free Riser Make-up
▪ Merlin™ riser systems offer completely Hands-Free make-up and Breakout
▪ Safety with Speed

27. 9 May 2023 | Slide 27
OSI MerlinTM Hands Free Riser Make-up
▪ Merlin™ riser systems offer completely Hands-Free make-up and Breakout
IMAGE 🄫SIP/JAMSTEC

28. 9 May 2023 | Slide 28
OSI MerlinTM
▪ Merlin™ riser joints supplied up to 90 feet long

29. 9 May 2023 | Slide 29
OSI Merlin™ Handling System
▪ OSI’s EFC division – 25 plus years designing Riser and BOP
Handling Systems
▪ High Speed Riser Handling to match Merlin™ High-Speed
make-up
▪ Trip 6,000 meters in under 24 hours

30. 9 May 2023 | Slide 30
OSI ADVANTAGE
▪ Award winning Riser Systems
▪ Spotlight on New Technology OTC Houston 2021
▪ Field Proven
▪ De-risked investment
▪ Hands-free Merlin™ Riser Spider
▪ Safe
▪ Speed – 900 feet per hour tripping
▪ Energy efficient positive displacement pumps
▪ No Riser mounted centrifugal pumps
▪ Full riser string passes through the spider
▪ Reduces subsea noise
▪ Pumping equipment mounted topside
▪ Eases planned maintenance
▪ Parallel bore riser
▪ Joints can be run any location in the string maximising service life