LIFECYCLE INTEGRITY PARTNER

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1 sset PTIMISATION Optimising performance, maximising returns Stork Asset Management Consultancy. ASSET LIFECYCLE INTEGRITY PARTNER

2 YOUR ASSET Our brains Asset driven companies face many challenges. In addition to overall rising costs, economic volatility and the increasing focus on safety, sustainability and cost reduction, companies have to adapt their asset management strategies and sourcing in order to maintain profitability. Sustainability At Stork Asset Management Consultancy, we under stand the business drivers of asset management. So we work with our clients to ensure that the latest best practices in asset integrity management are identified and implemented to deliver optimum asset performance. Underpinning our approach is our unique culture of thinking and doing which brings all our specialist expertise to bear on developing and implementing innovative strategies for delivering full asset optimisation. It is our intelligence applied to deliver your asset management goals. Build the future Asset lifetime Innovation and improvement AM Goals Compliance & integrity Business continuity Asset output Delivery Stork Technical Services is a world class asset integrity management company dedicated to providing seamless performance to corporations in the chemical, oil & gas, power and other physical asset driven industries. Delivering an unrivalled range of asset integrity services, we help our clients to streamline those processes that are key to effective operation and to extending the productive life of their assets. We are the specialist partner in asset management and maintenance management. With our breadth of knowledge and experience, we will help you to optimise the performance of your assets, minimise the associated risks, and support you to achieve your ambitions for operational excellence. As a key part of this unique asset integrity resource, Stork Asset Management Consultancy has extensive knowledge and experience of all aspects of the asset lifecycle. With safety always as our over-riding priority, we deliver innovative solutions to difficult and challenging asset management issues worldwide. Asset input Cost Operational excellence Profitability Business drivers of asset management

3 THINKING: Our ideas will improve asset performance DOING: From design to decommissioning, integrity management impacts on all phases of the asset lifecycle. Our holistic approach establishes strategies and procedures that help improve the performance of your asset, while ensuring its safe and cost effective operation throughout the asset lifecycle. While some companies focus on reliability, and others concentrate on integrity management, we do both and more. We not only ensure your facilities perform at optimal levels, but also in compliance with all standards and legislation. Our services range from risk-based inspections through to training your employees to help deliver long term success in asset integrity management. THINKING: Our know-how will optimise operating costs DOING: Cost reduction is one of the most challenging tasks that you can undertake without compromising on compliance. We can help asset driven companies such as yours to reduce operating costs through structured cost reduction programs which are designed specifically for your needs. Deploying our own field proven best practice cost improvement programs, we will help you to identify your target areas. Then, working closely with your people, and while always keeping safety as the No.1 consideration, we will help you to reduce costs by implementing appropriate asset and organisational efficiency programs. THINKING: Our insights will help to maximise RoI DOING: We assist our clients to maximise the value of their asset management strategies. We develop operational models, based on our industry leading best practices, and define strategies for implementing improved or new business processes to help realise the full value of your investment in new technology. From engineering through operations to maintenance, we not only deliver advanced integrity management, but real value and sustainable results. This includes change management programs and processes designed to unlock the hidden value in your existing assets, infrastructure and personnel so that you can maximise the return on your ongoing investment. THINKING: Our knowledge will help to reduce risk DOING: Risk management is about identifying and quantifying risks and implementing the necessary countermeasures to reduce risks. We perform risk-based programs for our clients applying RBM, RBI, RCM/FMECA, HAZOP and RCA standards to identify, assess and map asset and organisational risks. Making all risks explicit is an integral part of good asset management and enables our clients to make optimal decisions. We can also help you to comply with all reliability and integrity standards, such as PAS 55, the International Standard IEC61508, Military Standard MIL-STD-721C, the European Standard EN13306, and the Norwegian Standard NORSOK-Z-016.

4 THINKING: Our expertise will underpin future growth DOING: We help our clients to achieve the next level of asset management performance. We focus on continuous improvement by encouraging you to embrace technological innovation and that latest thinking on asset integrity management while ensuring both are strongly embedded in your business. We train on-site personnel in the fundamentals of maintenance engineering, integrity engineering and reliability engineering to ensure long term asset reliability. As an endorsed trainer with the Institute of Asset Management, we offer exceptional quality in strategic and operational asset management programs, and we use our knowledge to tailor training to underpin your future growth requirements. THINKING: Our ideas lead directly to implementation DOING: Our consultants possess the insights, knowledge and expertise to develop world class asset management and maintenance management programs for our clients. Within Stork Technical Services, we also have the capabilites and resources required to physically deliver these field proven concepts anywhere in the world today. By providing the reassurance that your asset management and maintenance management programs will be implemented as planned, we can offer you a seamless asset integrity service. One that is underpinned by our thinking and geared to optimising your assets in a safe and efficient manner. AM Capabilities Asset lifecycle Concept & Design Construction & Commissioning Operate & Maintain Improve & Modifications Decommissioning Dismantling AM Policy & Strategy AM Systems (e.g. Stork Model, PAS 55) Risk Management / Risk assessments AM Policy & strategy AM Objectives & goals Lifecycle Cost / feasibility studies Assessments & audit / Benchmarking AM Processes Design programs (e.g. design FMECA) Compliance & integrity programs (e.g. RBI, HAZOP, SIL) Reliability programs (e.g. RAM, RCM, FMECA) Operating concept (e.g. SOP, SMED, TPM) Spare parts optimisation program Data & documentation management Project flow management Work order management Planning & scheduling Work preparation Management of change Shutdown / Turnaround management Budget & cost control Asset Health studies AM performance & condition management Root cause analysis (RCA), Compliance & integrity audits Remnant asset life studies AM Organisation Organisational design Role defnition (e.g. RASCI) Contract Management Subcontracting & outsourcing management AM People Change management Competence development Training & education Leadership development Coaching AM Infrastructure CMMS implementation (SAP, Maximo, RIMSES) RCM Software support (IVARA, Meridium) Work shop design

5 Asset LifeCycle Stork Asset Management Consultancy offers value to each phase of the Asset LifeCycle. Income Opex Capex Income Time Cost Concept & Design Construction & Commissioning Operate & Maintain Improve & Modifications Operate & Maintain Decommissioning Dismantling Clear and well founded business case. Integrated stakeholders requirements. Integrated risk management in early design. Guaranteed built in (intrinsic) reliability and integrity. Total cost of ownership perspective. Common vision and goals. Alignment of corporate policy with asset strategy. Clear scope and objectives. Effective and efficient project management & implementation. Reliability and maintainability requirements integrated. Safety and environmental requirements integrated. Lifetime requirements integrated. Prepared operational processes and organisation. Improved hand over to operate and maintain phase. Faster return on investment. Maximised asset performance. Optimised expenditures. Asset and operational integrity. Compliance with regulations (internal/external). Minimised energy consumption. Continuous improvement focused organisation. Operational excellence and world class implemented systems & processes. Decreased turnaround lead time and extended period in between. Assets and asset management which meets future requirements and challenges (fit for use). Optimal risk profile. Learning organisation. Increased competences and skills. Managed modifications meeting all requirements. Increased / new asset capabilities. Extended asset lifetime. Maximised asset performance. Optimised expenditures. Asset and operational integrity. Compliance with regulations (internal/external). Minimised energy consumption. Continuous improvement focused organisation. Operational excellence and world class implemented systems & processes. Decreased turnaround lead time and extended period in between. Managed safety & environmental impact. Compliant with all regulations. Optimal integral cost of dismantling. Improved lead time of decommissioning.

6 HOW WE can HELP YOU Our aim is to be your one partner; delivering expertise and continuity of service throughout the asset lifecycle. Learn more about how we can work with you to ensure reliable and cost effective assets in both the near and long term future by sending an to or by telephoning +31 (0) We will be delighted to tell you more about Stork Asset Management Consultancy and how you can benefit from our expertise. Talk to the asset management specialists As the recognised specialist partner in asset integrity management worldwide, we help major global companies in the chemical, oil & gas, power and other industries to reach world class levels in asset performance. in asset and maintenance management implemented and contributing to the better performance of their physical assets whether that ultimately means in terms of higher output, lower costs, lower risk, better safety or lower environmental impact. Using our in-depth asset management expertise, we work with our clients to get best practices

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