GR ENGINEERING SERVICES LIMITED — Regulatory Filings 2016

May 8, 2016

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ASX RELEASE

9 May 2016

For immediate release to the market

UPSTREAM PRODUCTION SOLUTIONS ENTERS INTO OPERATIONS AND MAINTENANCE SERVICES AGREEMENT FOR THE LAMINARIA–CORALLINA OIL FIELD

GR Engineering Services Limited (ASX:GNG) ( GR Engineering ) is pleased to announce that its wholly owned oil and gas services business, Upstream Production Solutions ( Upstream PS ) has entered into an operations and maintenance services agreement ( Contract ) with Northern Oil and Gas Australia ( NOGA ) to operate and maintain the Northern Endeavour floating production storage and offloading facility ( FPSO ) and associated infrastructure.

Since 1999, the FPSO has been the production vessel associated with the Laminaria-Corallina oil field ( Laminaria-Corallina ), which remains in steady state production and has recently been acquired by NOGA. Laminaria-Corallina is located in the Timor Sea, approximately 550km northwest of Darwin.

Under the Contract, which has an initial three year term, Upstream PS has been engaged to provide offshore and onshore operations and maintenance services to NOGA. Commencement of the Contract remains subject to certain conditions precedent, all of which are expected to be satisfied within a week of this announcement. Revenue under the Contract is expected to be approximately $30 million per annum.

Upstream PS has satisfied the regulatory processes, including Safety Case acceptance, to commence a transition period following which it will emerge as the Registered Operator of the Laminaria-Corallina production assets, including the FPSO.

“We are delighted to be supporting NOGA with its foundation asset. This represents a significant milestone for Upstream PS and a great opportunity to continue expanding our strong offshore capability. This Contract also complements our existing portfolio of operations and maintenance, engineering and production assurance services engagements across Australia. We look forward to working for NOGA, and its highly credentialed team”, said Upstream PS Managing Director, Joe Corvetti.

GR Engineering Managing Director, Geoff Jones said, “ We are pleased that Upstream PS has secured this opportunity to operate and maintain a significant offshore production asset. The Contract award demonstrates the ability of Upstream PS management to grow the business and to play an increasingly important role in GR Engineering’s diversification strategy. ”

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GR ENGINEERING SERVICES LIMITED ABN 12 121 542 738 Tel: +61 8 6272 6000 Fax: +61 8 6272 6001 Email: gres@gres.com.au Website: www.gres.com.au PO Box 258, Belmont WA 6984 179 Great Eastern Highway, Belmont WA 6104

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About Upstream Production Solutions

Upstream PS is a wholly owned subsidiary of GR Engineering (ASX:GNG) with an extensive track record in the provision of operations and maintenance, wellsites, engineering and production assurance services. The Upstream PS team has served the oil and gas industry in Australia and South East Asia for more than 18 years, with a strong reputation for providing safe, innovative and sustainable solutions to production challenges.

Ends.

For further information, contact:

Geoff Jones

Managing Director GR Engineering Services Limited

Joe Corvetti Managing Director Upstream Production Solutions

 +61 8 6272 6000

 geoff.jones@gres.com.au

 +61 3 8623 9800  joe.corvetti@upstreamps.com

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GR Engineering Services Limited (ASX:GNG) is an ASX listed engineering and consulting contractor specialising in fixed price engineering design and construction services to the resources and mineral processing industry.

GR Engineering has successfully completed the engineering design and construction of projects for a diverse range of clients, including global mining houses, mid-tier miners and junior developers undertaking their first project. Traditionally an EPC contractor, GRES also has the ability to contract through a variety of models, including EPCM and hybrid contracting arrangements.

GR Engineering also has a long history of providing a diverse range of process engineering consulting services, including feasibility study preparation and management, process design and peer review engagements. These services have been delivered for projects globally and play a key role in delivering organic growth opportunities through design and construction project execution.

The Company also has a presence in the hydrocarbons industry via its wholly owned subsidiary, Upstream Production Solutions. Upstream production Solutions is a leading provider of operations and maintenance and well management services to the Australian and South East Asian oil and gas industry.

As a group, GR Engineering and Upstream Production Solutions employs more than 300 professional and support staff throughout Australia and internationally, in addition to a direct construction workforce and subcontractors.

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