KREUZ SUBSEA INTRODUCING KREUZ SUBSEA · . Introductory Presentation_....2016/ 28-Oct-16/ 7 of 1 Service Offering Underwater ... s 867 1223 …

Introductory Presentation_....2016/ 28-Oct-16/ 1 of 1

10 Science Centre Road | Block 1, #01-12, Bestway Centre

Singapore 609079 | tel +65 6807 0500 | fax +65 6807 0502

[email protected]

KREUZ SUBSEA

Your Integrated Offshore Subsea Solutions Partner

INTRODUCING KREUZ SUBSEA

October 2017


Kreuz Advantage I n t r o d u c i n g K r e u z S u b s e a

Un-paralleled

Work History

40,000 dives,

11.5 mill mhours

subsea work,

155 projects

Experience our service We will strive to make a difference and go

beyond our best to remain committed,

accountable and consistent in delivery of

your projects

Since 2008

Head Quarters in

Singapore

Employs 95

permanent staff

Professionally

Managed

Dedicated team

and over 25 years

of operational

experience.

End-to-end

Subsea

Solutions Integrated subsea

solutions provider

Differentiating

and diversified

assets Owns barges, DP2

vessels, ROVs

and portable dive

systems

Certified

ISO 9001

Company IMCA member,

certified for diving,

ROV and marine

operations


Kreuz Subsea today

Singapore registered

Owned by Private Equity

110 people (staff) + 400 to 450 dedicated contract

personnel

annually ~US$ 140M in revenues

Three distinct business segments: Subsea Construction,

IRM and SURF

Own and operate 5 construction assets, 12 portable

systems & 5 ROVs

ISO 9001 Company

Professionally managed by people with hard-core

operations experience

Company follows an integrated management system for

Health, Safety and Environment Protection and Quality

Performance

a Member of International Marine Contractors Association

(IMCA) for Diving, Remote Systems, ROV Division and

Marine Division

Honest, ethical and transparent

engagement

Very flexible organization

Diversified and modern assets

Company values at the core of

every operation

Wide experience – SURF

projects, brownfield works,

Subsea Repairs, Inspection,

Repair and Maintenance

Repeat Customers


Timeline

2008 2009

July 2008

Kreuz Subsea

established

First major project with

Reliance / Allseas

5 year IRM Contract

with Shell Brunei

2010

July 2010

Listed on

Singapore

Exchange

2011 2012 2013 2014 2015

Featured as Forbes

Asia Pacific’s “Best

under a Billion” Top

200 companies

First EPCI Contract

with Conoco Philips

(SURF)

Kreuz Installer

acquired

Three (3) x

SURF projects

awarded

Kreuz

Endeavour

Ship Building

Contract

Entry to

Middle East

Feb 2014

delisted from

SGX

New

Shareholders

7 year IRM Contract

with Shell Brunei

Launch of Kreuz

Endeavour

Kreuz Challenger

awarded to Vard

First SURF

Installation

2016 2017

JV agreement with

Genesis in Nigeria

Cooperation

agreement with Halul

offshore in Qatar

Representation with

Midad in Saudi Arabia

JV with

Usaha

Nusajaya In

Malaysia

http://www.google.com/url?sa=i&rct=j&q=Forbes+logo&source=images&cd=&cad=rja&docid=7VaMaNeKvh8JqM&tbnid=54d2oMdybDk7bM:&ved=0CAUQjRw&url=http://www.csg-pr.com/our-work/consumer/forbes-logo_registered/&ei=sG8QUea6EpObiQe1nICwDQ&bvm=bv.41867550,d.bmk&psig=AFQjCNF4GEsuZXULgIiwLfbljPvQwh3eoQ&ust=1360118060435518


Leadership Team

Ashit Jain CEO / Director 25 years of leadership experience in global

oil and gas industry/ previously with various

companies like Harkand, Dynamic Industries

International LLC and Global.

Natraj Raman QHSE Director 35 Years in the O&G with a strong emphasis on

Subsea Construction & Inspection, Consultant

Diving Specialist & HSE Advisor for oil

major/Contract Management expertise.

Sundraj Naidu Chief Financial Officer 25 years of experience, previous

assignments with international banks,

PWC. Chartered Accountant and

Master of Applied Finance.

>>> Strong and experienced middle

management

and

Balaji Bhashyam Chief Operating Officer 25 years / previously with various

companies like Technip, McDermott,

Global, L&T/ Mechanical Engineer

and Masters in Project Management.


Video http://www.kreuzsubsea.com/video/#nch/505443068


Service Offering

Underwater inspection, repair and maintenance

Stalk-on and flanged risers,

tie-in Spools

SBM, PLEM / PLET /

Manifold

Crossing supports

Freespan supports

Construction

NDT of Structures & Pipelines

Hot Tapping

Hyperbaric welding

Repairs using connectors /

spools, clamps and

strengthening sleeves

Subsea Repairs

Inspection, Repair

and Maintenance

(IRM)

Subsea Construction

and Installation incl

Hyperbaric Welding

Construction diving from

client barges

Pre-comm Support

Accommodation and

Hook-up Support

Other Services

Flexible Flowlines & Risers

Umbilical

Cables – Composite & FO

Jumpers / Flying Leads

SDU / UTA

Subsea Umbilical,

Risers and Flowlines

(SURF)

Decommissioning of

offshore facilities –

platforms, pipelines,

FPSOs, SBMs,

Decommissioning


Inspection, Repair and Maintenance (IRM)

Structural

integrity

Pipeline

integrity Asset

integrity

6 Continuous

years of work

performance

Repeat Contract from oil

major

Asset Higher

specification –

one of its kind

Diving

& ROV Certified & core

competency

Tooling Experienced in

kinds and

makes

Value added services

combining rich

subsea construction

capabilities

IRM and light construction

DP2 asset purpose built to

higher specifications and

one of its kind

Offshore platform and SBM: Detailed

Underwater Inspection (DUI)

UWILD (Underwater Inspection In Lieu Of

Dry Docking) ABS Class Survey

Pipeline Inspection/ Subsea cable/ umbilical

survey

Riser / pipeline Leak Survey

Seabed Debris Survey and Removal/

Recovery

Pipeline/ riser Leak repair using PLIDCO

Clamp and Epoxy Grout Sleeves

SBM/ PLEM inspection, repair and

maintenance

Freespan Rectification / Correction on

Pipelines

Sacrificial Anodes Replacement

Anode Skids Installation


Subsea Construction

200 tie-in spools

120 Stalk-on risers,

I- & J- tubes,

flanged risers

700 Subsea clamps

1500 Crossing

Supports

600 mattresses

100 Structures

(PLEM, SSIV,

Protection frames,

riser guards)

Strong resume displaying high competencies

Risers – flanged and stalk-on

I- and J- tubes

Riser clamps

Subsea tie-in spools

Concrete mattresses

Crossings – pre and post pipeline

installation

Free span corrections

Structures installation

Major installation support – bow string

installation, recovery of subsea launchers

and receivers, temporary installation aids,

debris removal

Rich experience in brownfield

construction

Trust us with volumes and

we will deliver


SURF – Subsea Umbilical Risers and Flowlines

South Belut Bawal Manora

Cendor Champion Wassana

Waterflood SOGT

West Desaru Berantai Nong Yao

Flexibles & Cobra Head Flexible Riser

Major SURF projects in Far East

Owns and operates SURF vessel “Kreuz

Installer” - one of its kind in the region.

New Build “Kreuz Endeavour” to add to fleet

One stop solution – combining construction,

diving and marine operations strengths

Worked for all majors – Conoco Philips,

Petrofac, Shell, Petronas

Handled all products

UTH Installation Inline Tee Uraduct Dynamic risers Umbilicals

Flexibles │Umbilicals │Cables │Flying Leads │Jumpers │Manifolds │PLEM │ PLET │ UTA │Dynamic risers │Moorings │SBMs

SURF Vessel “ Kreuz Installer” SBM Installation


Subsea Repairs

Strong work history of subsea

(diving) construction on

brownfield projects

Specific competencies and

experience in pipeline repairs

and maintenance

Knowledge of tooling and

methods

Experience of working close to

live assets

2 Hyperbaric

Welds

20+

PLIDCO and

Grout Clamps

60+

Surface

Welding

5 Hot Taps

Various Subsea

connectors and

tooling

1

Underwater

MOPU legs

strengthening

Containment

Underwater Welding

Above water

interventions

Flow Diversion

Structural Repairs


Live

Assets Experienced

operating close to

live assets

30+ Brownfield

Projects

Strong

Resume of variety of

subsea projects

Interface

Managing multiple assets,

fields, clients

Competent

and scaled to handle a high

volume of works

Brownfield Capability

..fantastic result considering weather conditions. Really

appreciate the rigour with which the team went through

HSSE and marine assurance process ….

Kreuz Subsea has unparalleled experience in

brownfield works and provides the following

services Retrofit risers, I- / J- tubes

Removal and installation of boat landing, riser

guard

Riser clamps modification, replacement

Conductor guide framing modifications

Pipeline crossing and free spans

Pipeline tie-in spools

Hot tapping

Subsea repairs – Platforms, Pipelines and MOPU

Underwater welding dry or wet


Portable Systems Capability

Kreuz Subsea owns and operates 2 x classed Saturation dive systems

8 x surface oriented dive systems in accordance

with IMCA standards

3 x classed surface oriented dive systems

2 x work class ROVs

3 x inspection / observation / light work class ROVs

Proven and time tested

capability

Enviable track

record

94 Projects

17 Clients

33 Client vessels

10 Countries

Contractor Member of IMCA for Diving and Remote systems & ROV

Division

ROV Launch

Surface Orientated diving from

portable system onboard

SAT Bell to be launched over the side

In-house competency to

maintain the systems


Assets

1 Delivery Qtr 4 2017 2 Delivery Qtr2 2017

Kreuz Subsea owns and operates a specialised state-of-the-art

fleet. Differentiating flagship assets necessary to support service

capabilities


Kreuz Supporter

8-point mooring (4 x waterfall type double

drum winches, 950m x 42mm wire)

9 x 10 T delta flipper anchors

1400 sqm deck area (15 t/m2)

Main Crane 275 MT crawler (47.5m boom)

Auxiliary crane 90 MT crawler (42m

boom), manriding

12-men Portable Classed Saturation

diving system / 200m / Compliant HRC

5 x pipeline davits x 30 MT each

149 Accommodation

LOA = 96.59m, Breadth = 27.40m and

max draft = 3.18m

Versatile Construction Work Barge for

Shallow Water Construction works


Kreuz Glorious

8-point mooring (4 x waterfall type double

drum winches, 950m x 42mm wire)

9 x 10 T delta flipper anchors


Main Crane 250 MT crawler (45.7m boom)

Auxiliary crane 60 MT pedestal (30m

boom)

12-men Portable Classed Saturation

diving system / 200m / Compliant HRC

4 x pipeline davits x 35 MT each

308 Accommodation


draft = 4.80m

Versatile Construction Work Barge for Shallow

Water Construction and accommodation needs


Kreuz Installer

Extremely versatile and

performing asset – capable to

perform construction, diving

and SURF works.

DP2 Multi Purpose


Main Crane 155 MT at 6.5m

Auxiliary crane 70te at 10m

16-men single bell SAT (inbuilt) +

SPHL / 300m

3 x moon pools

98 accommodation

8.5 kts speed

10 m3 /day fuel during operation


max draft = 6.0m

DP2 Multipurpose Diving and

construction support


Kreuz Challenger

Diving Support & Construction Vessel

DP2 vessel (Vard 3.17 design)

DP2 Diving and Construction Support


100 MT at 9m

12-men SAT (inbuilt) + SPHL / 300m

Surface Orientated system

105 accommodation

15 kts speed

LOA = 91.20m, Breadth = 21.50m and max draft = 6.60m

Purpose built to higher specifications and

Shell compliant, full IRM vessel one of its

kind in Eastern Hemisphere


Customers


Projects Landscape Repairs to jack up legs while the topsides produced

Drilling to hot tap on a live pipeline

Hyperbaric underwater welding in 140m water

depth – believed to be deepest

Ability to handle volumes (50 risers + 300 clamps +

100 spools + 400 crossings + 500 freespans) operating

multi vessels to multiple clients

Core competency in Inspection, Repair and

Maintenance works – repeat long term project from

Shell

Used and operated variety of subsea equipment – every

type of connector, repair and inspection methods, range of

tooling

Subsea Umbilical, Risers and Flowlines (SURF) projects

Buoy and mooring installations

Inhouse expertise to maintain Dive Equipment

Certified ROV division

Vessel assurance, maintenance and operations by

Kreuz

Pre-qualified with all majors

155 projects since inception

in 9 countries

Projects include Subsea

Construction, SURF, IRM

and Diving Services

Long term work with Shell

Brunei

Healthy Customer

Feedback


Quality Management


HSE as at 31 Jul 2017

2014 2015 2016 YTD 2017

Total Man Hours 1,554,311 1,572,720 1,469,201 827,423

Fatalities 0 0 0 0

Lost Time Injuries LTI 0 1 0 0

Medical Treatment Injuries MTC 2 2 8 5

Restricted Work Cases RWC 0 0 0 0

First Aid Cases 0 1 9 4

total recordables 2 3 8 5

Fatal Accident Rate FAR 0.00 0.00 0.00 0.00

Lost Time Injury Frequecy Rate LTIFR 0.00 0.64 0.00 0.00

Total Recordable Incident Rate TRIR 1.29 1.91 5.45 6.04

TRIR (per 200,000 mhr basis) 0.26 0.38 1.09 1.21

Surface Supplied dives 3619 3675 3410 1379

Saturation Dives 867 1223 1653 570

ROV Dives 733 839 726 697

1 per IMCA 100,000,000 basis2 per IMCA 1,000,000 basis3 Observations reported through Kreuz Observation Card


Kreuz Advantage

1) Integrated turnkey solutions and core

competencies in IRM, Subsea Construction and

SURF works

2) Long term enabling contracts

3) Deep and extended repeat Clientele

4) Positioned to become Contractor of choice

5) Management with strong operational experience

6) Very flexible organization

7) Diversified and modern assets

8) Honest, ethical and transparent engagement

9) Complete range of services – diving from Client

asset to executing a full turnkey work involving

multiple locations / assets


Tough and Creative

Thank you


Going beyond limits

Documents

KREUZ SUBSEA INTRODUCING KREUZ SUBSEA · . Introductory Presentation_....2016/ 28-Oct-16/ 7 of 1 Service Offering Underwater ... s 867 1223 …