COMMITTEES

The Company’s business is managed under the direction of the Board, in accordance with the Companies Act of 1981 of Bermuda and the Company’s Memorandum of Association and Bye-laws.  Members of the Board are kept informed of the Company’s business through: discussions with the Chairman of the Board, the President and Chief Executive Officer and other members of the Company’s management team; the review of materials provided to directors; and participation in meetings of the Board and its committees.

COMMITTEES OF THE BOARD

The Board has established an Audit Committee, a Corporate Governance, Nominating & Compensation (GNC) Committee, a Business Development and Capital Markets Committee and an Operational, Safety and Environmental Committee.

AUDIT COMMITTEE

GNC COMMITTEE

BUSINESS DEVELOPMENT & CAPITAL MARKETS COMMITTEE

OPERATIONAL, SAFETY & ENVIRONMENTAL COMMITTEE