A challenging year

Transcription

1 The IKM Group 2014

2 A challenging year Hi, everyone! 2013 did not turn out as many of us had expected. We hoped and believed that everyone in the whole industry would have full order books at the start of 2014, but unfortunately, this was not the case. All the major development contracts were awarded to foreign contractors. This is very disappointing and a big setback for parts of the supplier industry involved in field development. This also means thinned down order books and unfortunately, some laid-off employees. This situation will continue in 2014, but fortunately, we have other markets in our industry, such as operations and maintenance, drilling, well testing and not least, subsea and subsea engineering. Activity is much better here and therefore, there is full activity in most of the companies in IKM. However, there were also many highlights in 2013, such as: IKM Consultants AS was awarded a major, global framework agreement with Statoil IKM Operations AS was awarded 2 major contracts with Total on Martin Linge IKM Cleandrill AS was given its first job with its newly developed equipment, which was performed with great success! IKM Subsea AS was awarded its first contract for Statoil IKM Kran & løfteteknikk AS and IKM Service AS completed a successful merger IKM Mekaniske AS moved to Hillevåg IKM Euroheat AS was established IKM Testing AS was established in Poland and Korea IKM NTS AS was established and got full order books IKM Consultants AS acquires Poseidon Consulting Services These are just a few of the positive events last year, and I am also pleased to inform that, despite the slump in orders, we look set to deliver around MNOK 400 of EBITDA. In future, we in IKM Gruppen must work on several important matters at the same time. These will be: Filling up the order books in all the companies Very careful spending, i.e., we must increase our focus on correct spending. We need to think outside the box and look for better work methods and cheaper solutions Correct use of time, because time is money. Everyone can make a good contribution here. If everyone takes a critical look at their tasks, and sees / considers the best option, I am sure we will find solutions that are smarter than those we have today. I would like to finish off by saying that despite a few clouds on the horizon, I am an optimist. We are a good team (and a feared competitor) and will continue to grow and as such, are where we should be!

3 HSE Policy Zero injuries is our overall objective. We shall instil trust and confidence among our customers and employees. We shall follow acts and regulations, including ethic code of conduct. HSE is the most important internal work area. No operation has priority over safety. HSE is a line responsibility in the entire organisation. Everyone is responsible for their own safety and the safety of others. We shall prevent pollution and reduce negative environmental impact. We shall reduce wastage and optimise the use of resources. We will achieve this through continuous improvement of all processes and systems established in each organisation. Together with our clients and suppliers we shall follow statutory regulations and continually improve our procedures and routines in environmental management. We believe that social commitment will result in savings for our clients, and new business possibilities for the IKM Group. Each IKM company shall establish its own objectives in order to live up to the IKM Group s overall policy. Zero injuries - an overall objective

4 The IKM Group ELECTRICAL/ INSTRUMENT/ PROCESS SUBSEA/ COMPLETION/ COMMISSIONING ENGINEERING/ OPERATIONS FABRICATION/ INSPECTION IKM Elektro AS (Sola) IKM Instrutek AS (Larvik) Dept. Sola IKM Laboratorium AS (Tananger) Dept. Bryne Dept. Bærheim Dept. Oslo IKM Measurement Services Ltd. (Aberdeen) IKM Measurement Services Australia Pte. Ltd. (Perth) IKM Norwegian Technology Solutions AS (Stavanger) (67%) IKM Testing AS (Sola) Dept. Kristiansund Dept. Hammerfest IKM Testing Asia Pte. Ltd. (Singapore) IKM Testing Australia Pty. Ltd. (Perth) IKM Testing Brasil LTDA (Rio de Janeiro) Dept. Macaé IKM Testing Canada Ltd. (St. Johns) Dept. Halifax Dept. Alberta IKM Testing Kazakhstan LLP (Atyrau) IKM Testing Korea LLC (Busan) IKM Consultants AS (Sola) Dept. Lier Dept. Oslo IKM Consultants UK Ltd (Aberdeen) IKM DSC Engineering AS (Tranby) IKM Kran og Løfteteknikk AS (Tananger) IKM Offshore Service AS (Tananger) IKM Ocean Design AS (Stavanger) (88%) Dept. Trondheim Dept. Oslo IKM Operations AS (Sola) IKM Euroheat AS (Stavanger) IKM Haaland AS (Vigrestad) IKM Industrigravøren AS (Vigrestad) IKM HVAC AS (Stavanger) (51%) IKM Inspection AS (Stavern) Dept. Arendal Dept. Sandnessjøen Dept. Stavanger IKM Røntgenkontrollen AS (Rolvsøy) (67 %) IKM Maskinering AS (Tau) Dept. Sola Dept. Fyresdal IKM Production Technology AS (Sola) IKM Production Technology Sdn. Bhd (Kuala Lumpur) IKM Valves AS (Stavanger) (67%) IKM Testing Malaysia Sdn. Bhd (Kuala Lumpur) IKM Testing Mexico S. de R.L. de C.V (Ciudad de México) IKM Testing Poland Sp. z o.o. (Gdansk) IKM Testing Spain SL (Cadiz) IKM Testing Thailand Co. Ltd. (Rayong) IKM Mekaniske AS (Stavanger) Dept. Nærbø IKM Mekaniske Kristiansund AS (Kristiansund) IKM Stål & Fasade AS (Stavanger) Dept. Haugesund IKM Technique AS (Sandnes) IKM Testing UK Ltd. (Newcastle) Dept. Aberdeen PT IKM Indonesia (Batam) IKM Cleandrill AS (Straume) (51%) IKM Mooring Services AS (Sola) IKM Subsea AS (Bryne) IKM Subsea Solutions AS (Bryne) IKM Subsea Malaysia Sdn. Bhd (Kuala Lumpur) IKM Subsea Singapore Pte. Ltd. (Singapore)

5 IKM Invest IKM EIENDOM AS IKM INDUSTRI- INVEST AS 4000 Commersial property Leased area ( sq.m) Development projects Commercial real estate ( sq.m.) Residentials ( sq.m.) Recreational residentials (80 units) Apartments / housing 9 rental units Company investments Noreco ASA (18,2%) North Energy ASA (2,5%) Smaken av Grimstad AS (67%) Scanfarm AS (68%) Agasti Holding ASA (3,8%) Uniteam Holding AS (80%) Funds Energy Ventures III Energy Ventures IV Company investments Selvaag Bolig ASA (3,8%) 3000 Acona AS 2500 The revenue for IKM Invest comprises companies where IKM s owner share is 34% or more Keafer IKM AS B2014 Mill. NOK 0

6 Electrical / Instrument / Process Product sales Supply house Instrumentation/electro/electronics/ automation Subsea/topside valves Flow/level instruments Vibration instruments Laser alignment instruments Acoustic instruments Measurement/testing equipment Electrical motors/transformers Thermography equipment Transformer surveillance Calibration/environmental instruments Navigation/communication Enclosures EX Enclosure heaters Manufacture System integration Electrical motors/transformers/ generators Subsea electrical motors/transformers Pressurised containers Control/enclosure panels Valve parts/valve repair High pressure sample bottles Subsea HPU s Subsea electrical actuators Sampling Systems Local control panels ( LCP) Rental Equipment and personnel Service, installation and calibration Pressure, temp, flow, electrical, mechanical and gas density Electrical parameters Valve Site Service (VSS) Pressure safety valves (PSV) Navigation/maritime communication (maritime equipment) Vibro-acoustics Machine protection offshore Projecting (new build) Field instrumentation Emission measurements (NOX) Power control containers (Ex/non Ex) Temporary electrical equip. (Ex/Z-015) Electrical/hydraulic control systems (Ex/non Ex) Personnel (automatician, electrician, instrument) Onshore/offshore service assignments Condition monitoring Winding/overhaul motors Process and well technology Data sampling (pressure, temp, flow, chemical analysis) On-site PVT Well integrity (monitoring/analysis) Process surveillance Training courses Webshop Sale of test and measuring instruments Rental of equipment and instruments Companies in the division IKM Elektro AS Skvadronveien Sola, Norway T: E: IKMelektro@IKM.no IKM Instrutek AS Elveveien Larvik, Norway T: E: IKMinstrutek@IKM.no Dept. Sola Ljosheimvegen Sola, Norway T: E: IKMinstrutek@IKM.no Kokstadveien 23, 5257 Kokstad, Norway T: E: IKMinstrutek@IKM.no IKM Laboratorium AS NorSea Base, Bygg 53 Pb. 124, 4098 Tananger, Norway T: E: IKMlab@IKM.no Kokstadveien 23, 5257 Kokstad, Norway T: E: IKMlab.Bergen@IKM.no Avd. Bryne Nordlysveien 7, 4340 Bryne, Norge T: E: IKMlab@IKM.no Dept. Oslo Ensjøveien Oslo, Norway T: E: IKMlab.Oslo@IKM.no Dept. Rental Forusbeen 248, 4312 Sandnes, Norway T: /7: E: Utleie.IKMlab@IKM.no IKM Measurement Services Ltd. Howe Moss Terrace, Kirkhill Industrial Estate Dyce, Aberdeen, AB21 0GR, UK T: E: IKMms@uk.IKM.com IKM Measurement Services Australia Pte. Ltd 33 Kewdale Road Welshpool WA 6106 Australia T: E: IKMms@au.IKM.com IKM Norwegian Technology Solutions AS Gamle Forusvei 25, 4031 Stavanger, Norway T: E: IKMnts@IKM.no IKM Production Technology AS Skvadronveien Sola, Norway T: E: IKMpt@IKM.no IKM Production Technology Sdn. Bhd 35J-2-9, KLSC, Jalan Wangsa Delima 5, Wangsa Maju, Kuala Lumpur, Malaysia, T: E: IKMpt@IKM.no IKM Valves AS Gamle Forusvei Stavanger, Norway T: E: IKMvalves@IKM.no Avd. Bergen Bredalsmarken 15, inng. B, 7 floor, 5006 Bergen, Norway T: E: IKMvalves.Bergen@IKM.no

7 Subsea / Completion / Commissioning Topside Pressure and vacuum testing Chemical cleaning Oil flushing / oil cleaning Nitrogen services (N2/He leak testing) Video inspection Bolting work services Hot bolting Hydrojetting Air treatment Flow coding / labelling / tagging Certification of accumulators Maintenance of heat exchangers HVAC cleaning Pipe freezing Vacuum cleaning of vessels /tanks Preservation Cold cutting Flange facing Hot- / cold tapping Tank cleaning Decommissioning LRA/NORM handling Cleaning in place (CIP) Subsea Pigging / pipeline services / RFO / PCO Umbilical services Subsea spools services Subsea template/manifolds services Training courses Bolt tensioning (OLF118) Valves (OLF 119) Plugging services Compact flanges Pressure testing Hot oil flushing Hydrojetting Drilling services Cuttings transport System (CTS) Mud recovery without riser (MRR) Nitrogen well displacement Scale squeeze inhibition pumping Acid stimulation services Offshore waste handling Swarf Conductor cutting Rental Pumps and tanks Inspection equipment Bolt working equipment Drying and filter units Flanges and plugs Air compressors Testing equipment Hydraulic hose reels Hot water cleaners ROV services ROV operations Sale of ROV s Trencher operations Sale of trencher s Tie-in operations Manufacture of subsea equipment Survey support Drill support Inspection/maintenance/repair (IMR) Subsea construction Excavation and dredging Cutting operations, diamond wire etc Leak detection / pig tracking / tracing Mooring services Mooring services for semi-subs Companies in the division IKM Testing AS Ljosheimvegen 14, 4051 Sola, Norway T: E: IKMtesting@IKM.no Ågotnes Industripark Pb. 97, 5346 Ågotnes, Norway T: E: IKMtesting.Bergen@IKM.no Dept. Kristiansund NorSea Vestbase, Pb Kristiansund, Norway T: E: IKMtesting.Kristiansund@IKM.no Dept. Hammerfest Bøkkerveien 9, 9600 Hammerfest, Norway T: E: IKMtesting.Hammerfest@IKM.no IKM Testing Asia Pte. Ltd. 117 Defu Lane 10, Singapore T: E: IKMtesting@sg.IKM.com IKM Testing Australia Pty. Ltd 33 Kewdale Road Welshpool WA 6106 Australia T: E: IKMtesting@au.IKM.com IKM Testing Kazakhstan LLP Atambaeva street, 12/A, Atyrau, Republic of Kazakhstan T: +7 (7122) E: IKMtesting@kz.IKM.com IKM Testing Brasil LTDA Rua Araújo Porto Alegre, 70 Sala 1206, Centro, Rio de Janeiro, RJ, CEP: T: E: IKMtesting@br.IKM.com Dept. Macaé Av. Prefeito Aristeu Ferreira da Silva Granja dos Cavaleiros, Macaé - RJ Cep: T: E: IKMtesting@br.IKM.com IKM Testing Canada Ltd 40 St. Anne s Crescent, Paradise, NL A1L 1K1 St Johns, Newfoundland, Canada T: E: IKMtesting@ca.IKM.com Dept. Halifax 30 Colford Drive,PO Box 100, Head Chezzencook, NS, B0J 1N0, Canada T: E: IKMtesting@ca.IKM.com Dept. Alberta Street NW, Edmonton, AB, T5P 1V5, Canada T: E: IKMtesting@ca.IKM.com IKM Testing Korea LLC Dalsan-ri, Joenggwan-myeon Gijang-gun, Busan, Korea T: E: IKMtesting@kr.IKM.com IKM Testing Poland Sp. z o.o. Ul. Trzy Lipy 3, Gdansk, Poland T: E: IKMtesting@pl.IKM.com IKM Testing Malaysia Sdn. Bhd 35J-2-9, KLSC, Jalan Wangsa, Delima 5, Wangsa Maju, Kuala Lumpur, Malaysia T: E: IKMtesting@my.IKM.com IKM Testing México S. de R.L. de C.V Pedro Ramirez del Castillo,170 Dep 2, Piso 1, San Juan Centro, Xochimilco, México DF. T: E: IKMtesting@IKM.no IKM Testing Spain SL Poligono Industrial «El Trocadero», C/Holanda, Nave 23,C.P Puerto Real, Cadiz, Spain T: E: IKMtesting@es.IKM.com IKM Testing Thailand Co. Ltd 72/2 Moo 3, Phala Sub-district Banchang District, Rayong, Thailand T: +66(0) /997 E: IKMtesting@th.IKM.com IKM Testing UK Ltd Unit 42 Coldbourne Crescent, Nelson Park, Industrial Estate, Cramlington, Northumberland, NE23 1WB, UK T: E: IKMtesting@uk.IKM.com Avd. Aberdeen Innovation House, Kirkhill Industrial Estate, Dyce, Aberdeen, AB21 0ER T: E: IKMtesting.Aberdeen@uk.IKM.com IKM Subsea AS Nordlysveien 7, 4340 Bryne, Norway T: E: IKMsubsea@IKM.no IKM Subsea Solutions AS Nordlysveien 7, 4340 Bryne, Norway T: E: IKMsubsea@IKM.no IKM Subsea Singapore 48, Loyang Way, Singapore T: E: IKMsubsea@IKM.com IKM Subsea Malaysia 35J-2-9, KLSC, Jalan Wangsa, Delima 5, Wangsa Maju, Kuala Lumpur, Malaysia T: E: IKMsubsea@IKM.com PT IKM Indonesia Puri Industrial Park 2000 Jl. Engku Putri, Block C, No. 10A Batam Centre Indonesia T: E: IKMtesting@id.IKM.com IKM Cleandrill AS Straume Teknologisenter, Trollhaugmyra15, 5353 Straume, Norway T: E: IKMcleandrill@IKM.no IKM Mooring Services AS Ljosheimvegen 12, 4051 Sola, Norway T: E: IKMmooringservices@IKM.no

8 Engineering / Operations Consultancy services Multidiscipline engineering services Project management and project control Procurement and contract services Logistics and MA services Subsea and marine, drilling and well Operation/service personnel Crane operators Mechanics Flag men Heliguards Operation and maintenance services Operation / maintenance personnel / engineers Studies and operations engineering Early phase planning and prepare for operations All type of manpower for execution and maintenance Implementing of maintenance management in Client s system Maintenance concepts Planning and execution of corrective and required maintenance, campaign maintenance, shut down activities Maintenance management / Inspection programs Life-time studies Risk Studies. Marine pipeline engineering Subsea and pipelines: - Field development - Engineering/design of marine pipelines - Flexible/rigid risers - Installation engineering - Subsea production systems - Subsea operational support Design and construction of: - Subsea structures - Tie-in modules/systems - Subsea manifold systems Topside engineering Structure design Piping Crane and lifting services Maintenance, modifications and certification of: - Offshore/ship cranes, lifting equipment - Lifeboats/mob-boats/lifesaving equipment Certification/maintenance/supply of lifting equipment Rental equipment Delivery of related engineering, mechanical work/fabrication Fire/blast protection and winterization systems External fire and blast walls Internal fire walls Explosion relief panels Heat shields and wind shields Louvre systems Escape tunnels Glazed partitions and internal partitions Companies in the division IKM Consultants AS Ljosheimvegen Sola, Norway T: E: IKMconsultants@IKM.no IKM Ocean Design AS Vassbotnen 1, Pb Stavanger, Norway T: E: IKModesi@IKM.no IKM dsc Engineering AS Dølasletta Tranby, Norway T: E: IKMdsc@IKM.no IKM Kran og Løfteteknikk AS Tankbåtvegen Tananger, Norway T: E: IKMkran@IKM.no Kokstadvegen Kokstad, Norway T: / 03 / 04 E: IKMconsultants.Bergen@IKM.no Dept. Trondheim Gryta 2B 7010 Trondheim, Norway T: E: IKModesi@IKM.no IKM Operations AS Ljosheimvegen Sola, Norway T: E: IKMoperations@IKM.no IKM Offshore Service AS Tankbåtvegen Tananger, Norway T: E: IKMservice@IKM.no Dept. Lier Dølasletta Tranby, Norway T: / 52 E: IKMconsultants@IKM.no Dept. Oslo Lysaker Torg 35, 1366 Lysaker, Norway T: E: IKModesi@IKM.no Dept. Oslo Lysaker Torg 35, 1366 Lysaker, Norge T: E: IKMconsultants@IKM.no IKM Consultants UK Ltd. 23 Rubislaw Den House, Rubislaw Den North Aberdeen AB15 4AL, Scotland T: E: ikmoduk@btconnect.com

9 Fabrication / Inspection CNC-machining CNC thin plate machining 3D measuring Milling HVAC and mechanical industry Maintenance and modifications Sheet metal/welding and machining Water jetting Fabrication and installation Mechanical design / 3D modelling / 3D scanning Fabrication of stainless steel products Contracting personnel Material handling and lifting equipment Retail engineering System engineering Commissioning Service Offshore survey and rapport Inspection NDT/Material inspection Third party verification Inspection services Subsea ROV-tooling Construction of subsea equipment Surface finishing Pre-treatment Powder coating Laser engraving Construction contracts Companies in the devision IKM Euroheat AS Sandviksveien Stavanger, Norway T: E: IKMeuroheat@ikm.no IKM Inspection AS Holmejordetveien 21A, Pb. 68, 3291 Stavern, Norway T: E: IKMinspection@IKM.no IKM Maskinering AS Breivikveien 17, Nordmarka 4120 Tau, Norway T: E: IKMmaskinering.Tau@IKM.no IKM Mekaniske AS Sandvikveien 30, 4016 Stavanger, Norway T: E: IKMmekaniske@IKM.no IKM HVAC AS Hillevågsveien 107, 4016 Stavanger, Norway Pb. 3515, 4078 Stavanger T: E: IKMhvac@IKM.no Dept. Arendal Arendal Kunnskapspark, 4808 Arendal, Norway T: E: IKMinspection@IKM.no Dept. Sola Ljosheimvegen Sola, Norway T: E: IKMmaskinering.Sola@IKM.no Dept. Nærbø Bjorhaugslettå Nærbø, Norway T: E: IKMmekaniske.Naerbo@IKM.no IKM Haaland AS Skogateigen Vigrestad Pb. 23, 4369 Vigrestad, Norway T: E: IKMhaaland@IKM.no IKM Industrigravøren AS Fabrikkvegen Vigrestad, Norway Pb. 55, 4369 Vigrestad T: E: IKMindustrigravoren@IKM.no IKM Røntgenkontrollen AS Evjeløkka Rolvsøy, Norway T: E: IKMrontgenkontrollen@IKM.no Toppemyr 16, 5136 Mjølkeråen, Norway T: E: IKMinspection@IKM.no Dept. Stavanger Tankbåtveien 1, 4056 Tananger, Norway T: E: IKMinspection@IKM.no Dept. Sandnessjøen ASCO-basen, Horvnes 8800 Sandnessjøen, Norway T: E: IKMinspection@IKM.no Dept. Fyresdal Molandsmoen 3870 Fyresdal, Norway T: E: IKMmaskinering. Fyresdal@IKM.no IKM Technique AS Torneroseveien Sandnes, Norway T: E: IKMtechnique@IKM.no IKM Mekaniske Kristiansund AS Dalegaten Kristiansund, Norway T: E: IKMmekaniske.Kristiansund@IKM.no IKM Stål & Fasade AS Sandvikveien 30, 4016 Stavanger, Pb. 1134, Hillevåg, 4095 Stavanger, Norway T: E: IKMstal-fasade@IKM.no Dept. Haugesund Eikeskogveien 23, 5570 Aksdal, Norway T: E: IKMstal-fasade. Haugesund@IKM.no

10 History Year Establishments Acquisitions 1989 Instrumentering Kalibrering og Måleteknisk Laboratorium AS (originally Hydrotech Laboratorium AS), renamed to IKM Laboratorium AS 1992 IKM Testing AS 1994 IKM Engineering & Kompetansesenter AS, IKM Mekaniske AS and IKM Kristiansund AS 1995 Scana Hydrotech AS and Alfred Paulsen Contracting AS 1996 Dept. in Bergen for IKM Testing AS and IKM Laboratorium AS IKM Engineering AS (Idavoll AS) 1997 IKM Stillas AS Gjerseth Elektro Contracting AS, Alltex AS (serviceavdelingen) og Semco Industri AS 1998 IKM Testing UK Ltd and IKM Testing Asia Pte. Ltd (Singapore) Kystbasen Vedlikeholds Senter AS and Subsea Design AS 1999 Visman AS and IKM Offshore Development AS (Offshore Development AS) IKM Mekaniske AS invests in new workshop in Jåttåvågen 2000 IKM Testing Canada Ltd. and Wellcon AS (34%) 2001 IKM Kran og Løfteteknikk AS 2002 IKM Testing Spain SL. Everclean International AS, Odim Hitecs dept. for Industrial-automation, Hitec Instrument (80%) and ACGS Pte. Ltd. in Singapore 2003 IKM Service AS and Merlin Subsea AS 2004 IKM Larsen & Mortensen AS (Steinsvik Maskinindustri, dept. Stavanger), OIS Inspection AS, IKM Ocean Design AS (51%) (former JP Kenny Norge AS), and Textrain (UK) Ltd IKM Valves AS IKM Mekaniske Kristiansund AS (Noomas Offshore AS) 2006 IKM Testing Australia Pty. Ltd. IKM Instrutek AS (Instrutek AS) og IKM Morgenstierne AS (Morgenstierne Tekniske AS) 2007 IKM Production Technology Sdn. Bhd (Malaysia) Subsea Management Systems som fusjoneres inn i IKM Consultants AS (IKM Offshore Development AS), IKM Testing avd. Harstad (Altinex Services AS), IKM Årdal Mekaniske AS (Årdal Mekaniske Verksted AS) og IKM Production Technology AS (Altinex Reservoir Technology AS) 2008 IKM Testing Kazakhstan LLP IKM DSC Engineering AS (DSC Engineering AS) (67%), Arne Bø Pedersen AS (dept. for bolt working) and Jacobsen Services AS 2009 IKM Subsea AS, IKM Operations AS, IKM Maskinering AS (merger of IKM Larsen & Mortensen AS, IKM Årdal Mekaniske AS and Moland Mekaniske AS), IKM Testing Brasil LTDA and IKM Testing Thailand Co. Ltd Moland Mekaniske AS 2010 IKM Ocean Design Australia Pty Ltd Project Partner AS, IKM Technique AS (Technique AS), IKM Miljøteknikk AS (Miljøteknikk AS) and IKM Haaland Group AS (Haaland AS, Industrigravøren AS, Haaland Elektronikk AS) and Chem Tech Services Ltd 2011 IKM Subsea Singapore Pte Ltd, IKM Subsea Malaysia, IKM Testing Malaysia Sdn. Bhd and IKM Testing Poland Sp. z o.o. Cleandrill AS, Ceragon Networks AS (instrument- and the calibration dept.), Electro Partner AS, Røntgenkontrollen AS and Norweld Control Services AS 2012 IKM Mooring Services AS IKM Minic AS (Minic AS) (51%), IKM HVAC AS (HVACsolutions AS) (51%), Fevik NDT AS, R13 (IKM Testing Brasil LTDA), IKM Norwegian Technology Solutions AS (Norwegian Technology Solutions AS) (67%), IKM Stål & Fasade AS (Stål & Fasade AS) (100%) and IKM Uniteam Offshore AS (Uniteam Vest AS) (51%) 2013 IKM Euroheat, IKM Testing Korea Ltd, IKM Mexico S. av RL de CV and IKM Offshore Service AS Poseidon Consulting Services (100%), Rogaland Offshore (100%) and IKM dsc Engineering (100%) Establishments Acquisitions Mergers/demergers Share purchases Sales Revenue (milestones) 250 mill. 700 mill.

11 Mergers/demergers Share purchases Sales 34% av Midt-Norsk Stillas AS IKM Stillas AS and IKM Visman AS merge with KAEFER Maritim AS. Change of name: KAEFER IKM AS. 23,29% av Rosenberg Verft AS IKM Elektro AS demerges from IKM Gjerseth Elektro AS, which in turn changes name to IKM Automasjon AS. IKM Automasjon AS and IKM Mekaniske AS (fabrication dept.) Arne Bø Pedersen AS (dept. for bolting work) and Jacobsen Services AS merged with IKM Testing AS. KAEFER IKM AS and Rosenberg Verft AS (28.4%) Electro dept. in Electro Partner AS merges with IKM Elektro AS, Marine dept. in ElectroPartner AS merges with IKM Instrutek AS, IKM Miljøteknikk AS merges with IKM Laboratorium AS, IKM Haaland Group AS merges with IKM Gruppen AS, Project Partner AS merges with IKM Consultans AS Haaland Elektronikk AS IKM Service AS merges with IKM Kran og Løfteteknikk AS IKM Uniteam Offshore AS sold to IKM Holding AS (IKM Invest AS) mill mill mill mill.

12 Korea Indonesia Thailand Singapore Malaysia Kazakhstan Australia Poland Norway UK Spain Brazil Canada Mexico Our focus is growth! Electrical/Instrument/Process Subsea/Completion/ Commissioning Engineering/Operations Fabrication//Inspection