## Dry Tree System for Brazil’s Tension Leg Production Platform 

We continued our work on several dry tree field development projects in 2014. We completed the manufacturing, testing and delivery of dry tree systems for Brazil’s first Tension Leg Production Platform, with installation scheduled for the first quarter of 2015. Several additional large-scale dry tree projects moved through the design, engineering, manufacturing, assembly and test stages in preparation for delivery to major operators for installation in the Gulf of Mexico and Asia-Pacific. 

The Aftermarket Services department was fully operational in 2014. The department was able to repair and recondition a record number of rental tools, and was responsible for repairing and reconditioning several of our key customers’ riser and diverter systems and components. The immediate successes of this group served to solidify our commitment to customer service and support. The Aftermarket Services department has demonstrated to us that it will be a vital component of our overall strategic plan going forward. 

