Company presentation Bedriftsiaden 27.03.12 Jan Konrad Olseth
Vision statement We deliver sustainable solutions
Corporate structure Owners Aibel AS is owned by an investor group led by Ferd and Herkules Capital (since June 2007) Ferd and Herkules are well-known Norwegian investors with significant investments in both private and public equity
Aibel AS Management Aibel AS President and CEO Jan Skogseth Deputy: Erling Matland Human Resources Rune Helliesen Finance Idar Eikrem Communications Bjørg Sandal Business Dev. & Strategy Erling Matland Legal & Compliance Monica Bårdseth Resource Units Jan Ståle Skår MMO Frame Agreements Trond Vaage Modifications Nils Arne Hatleskog Field Development Stig Jessen Wind Tore Engevik Egyptian Maintenance Company Erling Matland Staff Function / Stabsfunksjon Business Unit / Forretningsenhet Resource Unit / Ressursenhet Process Owner / Prosessansvarlig
Company overview Industry pioneer with a 100 year old history Eight locations in Norway and four internationally Staff of 5000 worldwide Annual turnover of approximately eight billion NOK (2011)
Company overview Long track record in engineering, procurement, construction, installation and commissioning Long term maintenance and modifications contracts Modification work on more than half of the offshore installations and onshore terminals in Norway Successfully entered into offshore wind market with Aibel platform design
Aibel locations
Scope of services Aibel is a leading service company within the oil, gas and renewable energy industry Concept studies FEED Engineering Procurement Fabrication Installation System completion Maintenance Operational support Decommissioning
Scope of services Maintenance & Modifications Long term maintenance and modifications (M&M) contracts with Statoil and ConocoPhillips Focus on Norwegian market Offshore wind New offshore facilities, wind conversion platforms Maintenance and facility services Other potential scope to be evalutated Modifications and upgrade projects Studies and engineering contracts Modification contracts on offshore and onshore facilities Field development Studies and engineering contracts New offshore facilities, fixed and floating New onshore facilities Egyptian Maintenance Company Leading maintenance and modifications provider in Egypt Exploration and production onshore facilities, midstream facilities Potential expansion into offshore and MENA countries
Haugesund yard, Norway Construction of new platforms and topside modules Maintenance and modifications of offshore and onshore facilities and modules One of Norway s largest indoor assembly facilities Largest ship repair dry dock in Northern Europe
Laem Chabang yard, Thailand Construction of topside modules and FPSO modules
Compliance, Quality and HSE IMAGE GUIDE The grey region is to be used as an image position & resize guide. Select your image (via the image icon within the tool centred above) and Move it within the grey background on top of this guide. Resize your image by clicking and dragging on the corner handles to Maintain the correct image proportion. Note: The dimension for this i mage is: 640x640px
Compliance Many years of experience in developing and living up to high business compliance and ethical standards Implemented new methods and systems in recent years to ensure a highly compliant and ethical business conduct (Code of Conduct)
Quality An important goal for Aibel is to deliver consistent and correct quality for all our projects. Through our management system W3, we ensure that we always use our best practice for the execution of projects and work. The management system fulfills the requirements of the following standards and directive: ISO 9001: Quality management systems ISO 14001: Environmental management systems BS OHSAS 18001: Occupational health and safety management system Pressure equipment directive 97/23/EC module H ISO 3834-2: Fusion welding ISPS: International code for the security of ships and of port facilities
Health, safety and environment Zero injury philosophy Specific KPIs for HSE Lost time incidents Total recorded injury rate Serious injury rates Sick leave HSE programme developed yearly Action plan for overall activities Local action plans tailored for each location
Current projects IMAGE GUIDE The grey region is to be used as an image position & resize guide. Select your image (via the image icon within the tool centred above) and move it within the grey background on top of this guide. Resize your image by clicking and dragging on the corner handles to maintain the correct image proportion. Note: The dimension for this i mage is: 640x640px
Statoil M&M contract, offshore Contract period July 2010 2014. Options for two plus two years extension Scope of work Multidicipline Front End Engineering Studies and EPCI project execution Presence Statfjord A, B and C Oseberg Field centre, C, E and S Huldra, Veslefrikk Njord A and B Kristin Norne Draupner Snøhvit Locations Engineering and project management in Haugesund, Bergen, Kristiansund, Stjørdal, Harstad, Hammerfest, Stavanger and Singapore Fabrication in Haugesund and Hammerfest
Statoil M&M contract, onshore Contract period July 2010 2014. Options for two plus two years extension Scope of work Multidicipline Front End Engineering Studies and EPCI project execution Presence Kårstø Kollsnes Sture Locations Management, engineering and fabrication in Bergen&Haugesund
Modification projects Snorre Topside Robustness Statoil EPCI upgrade of modules and installation of new equipment Oseberg C Module Statoil EPCI upgrade of mud module KDP 2013 Statoil EPCI upgrade at Kårstø/Kollsnes for Gudrun/Sleipner Oseberg D HRSG Module Statoil EPCI new HRSG module Troll A compressor 3&4 Statoil EPCic upgrade of Troll A platform and installation of two compressors
Fast-track projects Visund South Statoil EPCI topside modifications on Gullfaks C Fossekall/Dompap Statoil EPCI modifications on the Norne ship Vigdis North-East Statoil EPCI modifications on the Snorre A platform
Dolwin Beta - Aibel s first wind platform Cooperation with ABB Aibel will design and build the platform ABB delivers the overall project and supplies cables and the conversion equipment Wealth of future possibilities Big investment plans for offshore wind in Europe Over 20 conversion platforms expected to be ordered for English and German sector the next ten years
Dolwin Beta - Aibel s first wind platform Awarded contract from ABB in August 2011 to design and build Dolwin 2 Platform is to be placed at Dolwin wind farm cluster near Helgoland, in the German sector of the North Sea It will receive alternating current from wind farms, and convert it into direct current before sending it onshore via subsea cables The platform can receive electricity from more than 200 offshore wind turbines It will be the size of a football pitch and have accommodation onboard for 24 people
Draugen Client: A/S Norske Shell Contract period: 2012 2018 (+ 2 + 2 years) Value: approx NOK six billion Scope of work: engineering, procurement, construction management, fabrication, installation and completion Locations: Stavanger, Kristiansund, Harstad, Oslo and Haugesund (Foto: A/S Norske Shell)
2008
ConocoPhillips, Greater Ekofisk Modifications Contract period 2011 2016 Options for three plus three years Scope of work Engineering, procurement, fabrication, installation and commissioning Presence Greater Ekofisk Area Project execution Locations Integrated operations Management located in Stavanger Engineering in Stavanger, Haugesund and Singapore Fabrication in Haugesund
ConocoPhillips, Norway Capital Projects Contract period 2009 2012 Options for two plus two years extension Scope of work Major modifications. Project management and EPCI Presence Greater Ekofisk area Locations Management located in Stavanger Engineering in Stavanger Fabrication in Haugesund
Field development projects Gudrun Topside Statoil EPCH New build, 10.000 tonnes topside CO2 Technology Centre Statoil FEED + EPCM test facility for CO2 capture Troll A LQE and prep work Statoil EPC topside modification Guara Topside Modules Modec Singapore Fabrication 6-7000 tonnes topsides
Gudrun Deck EPCH Client Statoil Contract period 2010 2013 Value 2.7 BNOK Scope of work Engineering, procurement, and construction of topside, excluding living quarters. Options for offshore hook-up, commisioning assistance and FEED studies for similar topsides. Locations Oslo, Thailand, Haugesund, Singapore.
Snorre export topside and robustness project Client Statoil Contract awarded February 2010 Value 250 MNOK Scope of work Engineering, procurement, construction and installation on Snorre A& B. Main elements. New freshwater package and demolition, and tie-in of Vigdis umbilical. Locations Haugesund
Troll A TPC 3/4 Client Statoil Contract period 2011 2015 Value 2.7 BNOK Scope of work Engineering, procurement, construction, installation and commisioning of new compression module, utility module and a new electro module for receiving electricity from ashore. Locations Oslo and Haugesund