1

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

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

enquiry@kreuzsubsea.com

KREUZ SUBSEA

Your Integrated Offshore Subsea Solutions Partner

INTRODUCING KREUZ SUBSEA

2

Kreuz AdvantageI 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 serviceWe 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

SolutionsIntegrated subsea

solutions provider

Differentiating

and diversified

assetsOwns barges, DP2

vessels, ROVs

and portable dive

systems

Certified

ISO 9001

CompanyIMCA member,

certified for diving,

ROV and marine

operations

3

Kreuz Subsea today

Headquartered in Singapore

110 employees (staff) + 400 to 450 dedicated contract personnel

Annually ~ US$ 100M in revenues

Offices in Singapore, Brunei, and India.

Operational JV companies in Brunei, Nigeria and Saudi Arabia

Three distinct service offering:

Subsea Construction

IMR

SURF

Own and operate 4 construction vessels, 12 portable systems & 5

ROVs

Quality systems certified to ISO 9001:2015

HSE systems certified to OSHA 18001:2007

Environmental systems certified to ISO 14001:2015

a Member of International Marine Contractors Association (IMCA) for Diving,

Remote Systems, ROV Division and Marine Division

Leadership team has more than 100 years of combined execution experience

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

4

Timeline

2008 2009

July 2008

Kreuz Subsea established

First major project with

Reliance / Allseas

5 year IRM

Contract with

Shell Brunei

2011 2012 2014 2015

First EPCI

Contract with

Conoco Philips

(SURF)

Kreuz Installer

acquired

Feb 2014

Acquired by Private

Equity delisted from SGX

7 year IRM

Contract with Shell

Brunei

2017

Kreuz Challenger

delivered

New Management

Team in place

2018

Kreuz Challenger

deployed for Shell in

Brunei for IMR

campaign

Awarded and

executed largest

contract in Company

history for L&T at $70

million.

2019

Shell DCoE Approved

Diving Contractor for

Saturation and

Surface Diving

First project award in

Vietnam

5

Changing Culture

6

Quality Management

Kreuz uses online WebQMS for access to all the company documents.Available to all our employees and sits on the cloud.

7

Service Offering

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

Subsea 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

8

Assets

Kreuz Subsea owns and operates a specialised state-of-the-art fleet. Differentiating flagship

assets necessary to support service capabilities

Kreuz Installer

SAT DSV Notation

DP-2

155Te main crane

70Te auxiliary crane

1700 sq. m deck space

98 accommodation

Kreuz Challenger

SAT DSV Notation

DP2

100 T x 2000 m. Main Crane

12 man Sat + SPHL

105 accommodation

4 pt. mooring

Kreuz Supporter

8 pt. mooring barge

275 MT crawler main crane

90 MT auxiliary crane

12 man portable SAT system

149 accommodation

1400 sq.m. deck space

Kreuz Glorious

8 pt. mooring barge

250 MT crawler main crane

60 MT auxiliary crane (pedestal)

308 accommodation

1200 sq.m. deck space

9

Portable Systems Capability

Kreuz Subsea owns and operates2 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

10

Customers

155 projects since inception in 9 countries

11

Project Profile - BSP IMR Services Project

Client

Apr 2015

March 2022

Project Start

Project End Bourban

Supporter,

Kreuz Challenger,

ROV Cougar XT

Assets Deployed

Brunei

Project Location Water

Depth

10-60

meter

Construction scope

Scope of Work involves subsea inspection, maintenance and repair of all of Brunei Shell Petroleum’s offshore assets including:• Detailed Underwater Inspection (DUI) of all offshore

facilities including platforms, pipelines and SBM • UWILD (Underwater Inspection In Lieu Of Dry Docking) ABS

Class Survey of any floating structures.• Pipeline Inspection/ Subsea cable/ umbilical survey• Riser / pipeline Leak Survey• Seabed Debris Survey and Removal/ Recovery• Pipeline/ riser Leak repair(s)• SBM/ PLEM inspection, repair and maintenance• Free-span Rectification / Correction on Pipelines• Sacrificial Anodes Replacement• Anode Skids Installation• Ad-hoc construction scopes

IMR scope

12

Project Profile – ONGC Daman Field Development Project

Client End Client

Dec 2017

May 2018

Project Start

Project EndKreuz Installer

Kreuz Supporter

Smit Borneo

S. Princess

Assets Deployed

Mumbai High

Project LocationWater

Depth

20m

to

30m

Stalk-on riser installation by Kreuz Supporter

12 x Stalk-on risers

3 x tie-in spools with subsea tee protection

structure incl removal of dummy spool

1 x SSIV

168 x crossing supports

25 x free-span supports

6 x riser guard installation

2 x J-tubes

120km pipeline Post lay burial

Pre-commissioning of 8 pipelines

Construction scopes

12” riser Installation

Riser guard installation

Field Characteristics:

• Zero visibility

• Currents ~ 4.5 to 5 knots

13

Project Profile – ONGC PRP-4 Project

Client End Client

Nov 2017

Jan 2019

Project Start

Project EndKreuz Installer

Kreuz Supporter

Smit Borneo

Seamac Princess

Assets Deployed

Mumbai High

Project LocationWater

Depth

60m to 80m

Stalk-on riser installation by Kreuz Supporter

Riser Guard Installation

6 x Flexible Pipelines – 8” to 12” diameter

23 stalk on risers from 4” to 18”

2 x tie-in spools

145 x crossing supports

34 x free-span supports

4 x riser guard installation

12 x J-tubes

12 Pipeline Pre-commissioning

Construction scopes

46 x riser removal

Removal / Decom scopes

Residual skirt pile removal Residual skirt pile removal Riser guard installation

14

Project Profile – ONGC B127 ProjectConstruction scopes

Construction Scope

2 x 16” Stalk-on Riser installation

2 x 6” & 16” Spool installation

1 x 16” SPRU along with Spool

installation

1 x 8” Installation of Pig Launcher

1 x Bow string installation

Installation of double elevated &

single elevated Bow Strings

Installation of Riser Protection

Frame.

3 x Hydro testing of Spools

3 x Assistance in Hydro testing of

pipelines

Assistance during Pipe Laying

Operations

SPRU with SpoolStalk on Riser

SPM Decomm & Removal

Subsea tie-in spool

Client End Client

Mar 2017

Apr 2017

Project Start

Project End

Kreuz Supporter

Assets Deployed

Mumbai High

Project LocationWater

Depth

60m

to

110m

Decom Removal Scope

1 x SPM removal

15

Project Profile – HESS SSIV Systems & Tie-ins

Pre-Lay/ Pre-Installation

Survey

Fabrication & testing of

Spools

Installation of 4 SSIV

Structures:2 x 12” SSIV Structures (34MT)

1 x 16” SSIV Structure (38MT)

1 x 24” SSIV Structure (93MT)

Installation of Tie-in Spools:8 x 12” Tie-in Spools

4 x 16” Tie-in Spools

4 x 24” Tie-in Spools

Pre-commissioning of 4

pipelines

Client End Client

01 Sept 2016

22 Oct 2016

Project Start

Project End

Kreuz Installer

Assets Deployed

PM302, North

Malay Basin

Project Location Water Depth

57m

Lowering Spool for Installation

Lifting & Lowering SSIV

Schematic – Spools & SSIV Assembly SSIV/ Spool Flange Connection

Scope of Work - Installation

Campaign 1

16

Project Profile – Conoco South Belut Project

Client End Client

July 2013

March 2014

Project Start

Project EndKreuz Installer

Seamec Princess

Kreuz Supporter

Kreuz Glorious

Assets Deployed

South Belut

Field,

Indonesia

Project LocationWater

Depth

90-100

meters

Stalk-on riser installation by Kreuz Supporter

9 x Inline Tee (29Mt) installation

48x Subsea Rigid Spool Installation

1x 14” Riser Installation(rigid)

1x 49T PLEM Installation

1x 26” J-tube Installation

10 Sections X Umbilical Laying

17x Hydraulic Flying Lead

42 x Electrical Flying Lead

8 x Venturi Flowmeter with protection

structure

10 x Umbilical Termination Head Assembly

318 x Concrete mattress installation

Subsea and topside assistance for Hydro

test of the spools, risers, and pipelines

Subsea and topside assistancxe for

electrical and hydraulic testing of umbilical

and connecting flying leads

Construction scope

Highlights

The Installation of a 110 meter 26” J-Tube

using buoyancy in order to reduce weight

and achieve a controlled and safe

installation

17

Project Profile – PTTEP Zawatika Development Project

Client

Sep 2012

Jan 2014

Project Start

Project End

Seamac Princess

Assets Deployed

Mayanmar

Project Location Water

Depth

135 m

Construction scopeScope of Work

Two Hyperbaric welds done on:

28” x 26.97mm wall pipe

API 5L X65, PSL 2 (Sour Service)

External Clamp

AWS D3.6M: Class O Weld – API 1104, 12th edition,

Nov 2005

5G

Method of Inspection:

Visual UT RT

Welder pre-qualification at National Hyperbaric

Centre Aberdeen

PTTEP

Habitat being

deployed to seabed

National Hyperbaric Centre

Aberdeen

Seamac Princess at the Platform

Inside the Habitat

18

Kreuz Advantage

1) flexible, responsive and solution oriented.

2) honest, ethical and transparent engagement.

3) management with strong operational experience.

4) diversified and fit for purpose assets.

5) full suite of capabilities – project management, vessels, diving

and ROV.

6) cost effective but reliable delivery (safety, quality and schedule)

19