RC: 405,545

Engineering, Procurement, Construction & Equipment Leasing Services.

Head Office:
Plot 5 Gideon Ogbonda Close Off Rumuagholu Road, Rumuokoro Port Harcourt Tel: 084-880189, 08037245314 e-mail: bgs_ng@yahoo.com website; www.bgsnigerialimited.com TH

24 April, 2012

Addax Petroleum Development (Nigeria) Limited 32 Ozumba Mbadiwe Avenue Victoria Island Lagos Nigeria Attention: The Secretary, Tender Board Dear Sirs, TENDER NO: TB-2909 TENDER TITLE: Call Off Contract for Fabrication of Platform Decks, Topsides, Jackets and Associated Structures
TENDER FORM A - FORM OF TECHNICAL TENDER Having examined the Invitation to Tender Document, and in accordance with the Instructions to Contractors therein, the undersigned hereby proposes to Addax Petroleum Development (Nigeria) Limited (hereinafter referred to as Company) to furnish all management, resources, materials, equipment, and related services to perform the Work, in strict conformity with the provisions of the Invitation to Tender Document and any addenda thereto. The undersigned agrees that this Technical Tender constitutes a firm offer to Company which cannot be withdrawn for one hundred and eighty (180) calendar days from and after the due date for submission of the Commercial Tender (which date shall be shortly advised to us by Company), or if Contractor is selected until a Contract for the Work is fully executed by Company and Contractor, which ever comes first. The undersigned certifies that it has examined and is fully familiar with all the provisions of the Invitation to Tender Document and any addenda thereto; that it has carefully checked all of the words and other data shown in this Technical Tender; that it has carefully reviewed the accuracy of all statements in this Technical Tender and attachments hereto; and that it has by careful examination of the Invitation to Tender Document and any addenda thereto and by examination of the actual site conditions as necessary, satisfied itself as to the nature and location of all Work, the general and local conditions to be encountered in the performance of the Work, the requirements of the Contract and all other matters which can in any way affect the Work or the cost thereof. The undersigned hereby agrees that Company or any authorised representatives of Company shall not be responsible for any errors or omissions and the associated cost on the part of the undersigned in preparing this Technical Tender. If awarded a Contract, the undersigned agrees to execute the Contract and deliver it to Company within fourteen (14) calendar days after award of the Contract together with the necessary Parent Company Guarantee, Bank Guarantee and Certificates of Insurance. Work shall not commence until the aforementioned are all submitted, and accepted by Company.

Notwithstanding the above, the undersigned accepts that failure to so sign the formal Contract shall give Company, at its option and without other remedies available to Company in Law, the right to annul the award, without notice, until such time as the undersigned signs the Contract. The undersigned understands that Company is not bound to accept any Technical Tender that it receives. The Technical Tender information required by the Instructions to Contractors, as attached hereto, is by this reference incorporated herein and made a part of this Technical Tender.

The undersigned also acknowledges receipt, understanding and full consideration of the following addenda to the Invitation to Tender Document.

Tender Addenda: Number/date Number/date Number/date Number/date Number/date Number/date

For Contractor:

Signature:

Name: OGBONNA ANTHONY Position: CONTRACTS & PROCUREMENT MANAGER Date: 24 APRIL, 2012