Invoicing , Accounts Payable, Contracts & Tax November 2011

1. Invoicing, Accounts Payable, Contracts & TaxNovember 2011 One Team, Preparing for Flawless Execution

2. Agenda • Invoicing • Accounts Payable • Contracts • Tax One Team, Preparing for Flawless Execution

3. Key points of contact Proforma Invoice and Processing : Contract Administrators Robert Ashton Matt Silk Audra Findlay Payments: Bangkok Payables Centre Contractual:Contract Owner and Procurement Associate ** contact details at back of presentation One Team, Preparing for Flawless Execution

4. Invoicing and Payment Processing One Team, Preparing for Flawless Execution

5. Purchase to Pay Process flow One Team, Preparing for Flawless Execution

6. Purchase Orders • NO Purchase Order = NO Work • Service Purchase Orders • “Call off” purchase order from contract • “Spot” purchase order based on approved quotation • One call off per contract with exception for multiple currencies or for our internal purposes • Material Purchase Orders • All materials purchased require purchase order One Team, Preparing for Flawless Execution

7. Execution of Work • Services performed • Supporting Documents are now required to back up work executed. One Team, Preparing for Flawless Execution

8. Supporting Documentation • Checklist for supporting documentation • Clarity of all documentation • Expenses – receipts • Timesheets/ Field Tickets – days worked • Exchange rate used on the day • Printed names with date and signature • Delivery Dockets • All quotes to have approved requests • All documentation to be signed off by authorised MARC representative One Team, Preparing for Flawless Execution

9. Proforma Invoice • To ensure timely processing and prompt payment of invoices • Reduce recycle time • Issued a Service Entry Sheet (SES) number to put on original invoice One Team, Preparing for Flawless Execution

10. Causes of Recycle • Invoice cannot be processed if : • Invoice missing key information : • Purchase order number • Missing ‘services entry sheet’ (SES) number • Missing Goods receipt (GR) • Invoice Value does not match SES Value • Invoice Quantity does not match PO Quantity • Invoice Supplier name does not match with PO Supplier name • Incorrect company entity • Vendor Master details incorrect

11. Accounts Payable: Payables Process Invoices from receipt through to payment being made. • All invoices will be paid as per contract terms once receipt of correct original invoice (with SES) is receive by our Invoice Logistics Group.

12. Payment Tracking One Team, Preparing for Flawless Execution

13. One Team, Preparing for Flawless Execution

14. Amendments to Contracts • All contract amendments must be approved by both Parties • Once approved Procurement will issue an Addendum to contractor for execution • An updated proforma template will be issued once addendum fully executed One Team, Preparing for Flawless Execution

15. Additional Services • MARC may from time to time request contractor to perform additional oilfield services for which it is qualified. • Contractor will be asked to submit quotation for additional services • Additional work CAN NOT take place until quotation has been signed off by authorised MARC representative. • The approved additional work will fall under the current call off purchase order for that contract. One Team, Preparing for Flawless Execution

16. Tax One Team, Preparing for Flawless Execution

17. ContractAdministration Group email: upst-dev-eapl-drl-cost-schedulers@exxonmobil.com Contact information One Team, Preparing for Flawless Execution