Confidential © 2015 Aker Solutions Preferred partner
Preferred partner
Aker Solutions in GhanaAccra April 2015Tor Smestad, Country Manager
Confidential © 2015 Aker Solutions Preferred partner
Our Vision and Values
April 17, 2015Slide 2
Our vision is to be the preferred partner for solutions in the oil and gas industry through living our values.
Confidential © 2015 Aker Solutions Preferred partner
HSE Performance
April 17, 2015Slide 3
HSE performance award
Sword of honour 2010 and 2012
Occupational Health and Safety Awards 2005-09
2012 Industrial Foundation for Accident Preventionand CGU Safe Way Awards
BP Safety Award 2013
Malaysia's highest safety award 2010
Skandi Santos Vessel for her excellent operational and HSE performance during 2013
2014 ExxonMobil Contractor Safety Award
1.25
0.34
0
0,5
1
1,5
2
2,5
3
3,5
4
4,5
5
Total Recordable Incidents permillion worked hours
Lost Time Incidents per millionworked hours
2006 2007 2008 2009 2010 2011 2012 2013 2014
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Global footprint
April 17, 2015Slide 4
Countries: 18Locations: 44- engineering hubs- service bases- manufacturing plants- sales offices- project management
AngolaLuanda
AustraliaPerth
BrazilCuritibaRio das OstrasRio de Janeiro
BruneiKuala Belait
CanadaSt. Johns
CyprusLimassol
FinlandHelsinki
IndiaMumbaiPuneKakinada
ItalyMilan
MalaysiaKuala LumpurLabuanPort Klang
NigeriaLagos
NorwayBergenEgersundFornebuHammerfestKristiansundMossSandnessjoenStavangerStokkeTranbyTromsoTrondheimÅgotnesÅlesund
TanzaniaDar-es-Salaam
UKAberdeenLondonGreat YarmouthHastingsMaidenheadGlasgow
USAHouston Mobile
Republic of the CongoPoint Noire
RussiaMoscow
SwedenGothenburg
GhanaAccra Takoradi
Confidential © 2015 Aker Solutions Preferred partner
Subsea Offering
April 17, 2015Slide 6
Subsea Production Systems Subsea Lifecycle Services Subsea Production Alliance
Xmas Trees & Wellheads Tie-in & Structure Workover Systems Controls Umbilicals Pumps
Stand-alone products and complete subsea production systems
Power and processing
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Subsea Frontier Offering
April 17, 2015Slide 7
Subsea Production Alliance
POWERJump flowline booster systemElectrical submersible pump in a well jumperSingle well applicationsUses existing infrastructureSimple, non-intrusiveCost efficient and reusableOffers standardization and flexibility
POWERUp - Electrical Submersible Pump (ESP)Deployed in a producing well without retrieving the completionDual use of adapter to interface riser based workover systems during installation and as permanent tree cap to hang off and power ESPSolution can, in principle, interface with all HXT and VXT across all vendorsCoiled tubing used to install ESP and supply hydraulics and power /control during operation
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Increasing flexibility and cost optimization
April 17, 2015Slide 8
Tranby, NorwayTrees, Pumps
Port Klang, MalaysiaTrees, controls,
manifolds
Aberdeen, UKControls
Houston, USControls
Curitiba, BrazilTrees, Controls,
manifolds
Moss, NorwayUmbilicals
Mobile, USUmbilicals, Flying Leads, Distr Sys
Confidential © 2015 Aker Solutions Preferred partner
Subsea Lifecycle Systems
April 17, 2015Slide 9
SLS Scope
Installation and commissioning of systems
Rental of installation and intervention
tools
Intervention support
Maintenance, repair and spares supply
Refurbishment and recertification
Customer property management
Operational and technical support
Re-supply of brownfield equipment
Manpower support
Integrated operations
Condition monitoring
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Subsea Lifecycle Systems
April 17, 2015Slide 10
Global and expanding footprint
AngolaLuanda
AustraliaPerth
BrazilRio das Ostras
CongoPointe Noire
CyprusLimassol
IndiaKakinada
MalaysiaKuala LumpurLabuan
Current Locations New locationsChina East Africa MexicoNorway
Ågotnes
UKAberdeen
USHouston
NorwayÅgotnes
UKAberdeen
USHouston
GhanaTakoradi
Confidential © 2015 Aker Solutions Preferred partner
Recent and ongoing mega-projects
April 17, 2015Slide 11
- Marine well containment system
- Petrobras pre-salt and post-salt wellset FAs
- Petrobras manifold FA
- Total Dalia w / extensions- Total Kaombo and Moho
- BP Q204- Statoil FA call-offs- Åsgard gas compression- Vigdis work-over- Enquest Kraken
- Reliance KG-D6 and MA-D6
- Murphy Kikeh and Siakap
Confidential © 2015 Aker Solutions Preferred partner
Project Examples
April 17, 2015Slide 12
Statoil (NCS) – Aasgard Delivery 2015/16
World’s first subsea compression station (250m depth) Scope of work:
Subsea compressor manifold station (SCMS)Subsea compressor station (SCSt) template structure3 identical compressor trainsAll electrical control systemsHigh voltage electrical power distribution systemTopside equipment Tooling, transport and installation equipment
Subsea Production System (SPS) project (1300m depth)Scope of work:
2 Templates2 manifolds7 XMT and wellhead systemsControl systemsTie-in connection systemsWorkover systemToolingTest equipment
Statoil (NCS) - Aasta Hansteen Delivery 2015
Confidential © 2015 Aker Solutions Preferred partner
Project Examples
April 17, 2015Slide 13
Largest ever Subsea Production System (SPS) project award (1400 – 2000m depth)Scope of work:
65 VXMTs (36 PXT & 29WIXT) 65 Wellhead system w/tooling20 Manifolds 2-slot & 4-slot20 Suction anchors and levelling frames35 Production MB Rigid Jumpers20 SDU’s 2 WOS, 2 SSIV’sHCS tie in system (SPS+SURF scope)VCM tie in on SSIV modulesSPS Control System
Subsea Production System (SPS) project (800m depth)Scope of work:
18 off production VXT with gas lift (and FCM incl MPFM)10 off WI VXTWellheads2 off complete open water IWOCS incl EDP/LRP.6 off manifolds & structures2 SSIV/PLEM structure1 Gas lift module1 Subsea Distribution Units + 6 Subsea Umbilical Terminations28 permanent Guide basesSubsea Control System
Total (Angola) – Kaombo Delivery 2016-2019
Total (Angola) – Moho Delivery 2015-2017
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The Long Term Picture For Subsea
April 17, 2015Slide 14
Positioning
Deeper waters, aging fields, higher reservoir complexity, harsh fluids
Need increased hydrocarbon recovery from existing and future fields
Longer subsea step-outs (also driven by growth in harsh environment)
Increased need to reduce field development cost (CAPEX and OPEX)
Substantial pipeline of yet-to-be-developed offshore discoveriesIncreased client interest in improving field economics and recoveryGrowing fleet of modern offshore floater rigs (and lower dayrates)
Confidential © 2015 Aker Solutions Preferred partner
New investments and recent developments
April 17, 2015Slide 15
Key recent developments
Growth investmentsInvesting in Brazil and AngolaAlliance with Baker Hughes (SPA1)
Execution achievementsSuccessful execution on order book Construction of new manufacturing and service facilities in Brazil commenced and progressing according to planSuccessfully passed significant milestones on Åsgard subsea compression project
New technologies to improve oil recovery and reduce costs
Vertical-tree portfolio, next-generation controlsCost-effective tie-in systemsAdvanced workover systemsHigh-performance multiphase pumpsSubsea compression (Åsgard)
Confidential © 2015 Aker Solutions Preferred partner
What we do - Engineering
April 17, 2015Slide 16
Confidential © 2015 Aker Solutions Preferred partner
Engineering Offering
April 17, 2015Slide 17
Front End Spectrum
Feasibility and concept studies optimizing asset
value
FEED
Basis for operators’ investment
decision
Detail engineering
Tailored for flawless
construction and operation
Procurement services
Accurate and timely supplies
Project management assistance
Operator’s right hand
Specialist services
Technology expertise
Serving operators and EPC contractors through attractive contract models
Field Solutions Complex Long field life TerminalsSemis
Subsea processing Harsh Arctic Large Topsides FPSOs
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Engineering BA is structured in five business units
April 17, 2015Slide 18
International engineering business
NorwayGlobally
Globally
Front end studiesFloater DesignsTopsidesOnshore upstream facilities
Front-End & Technology
FEEDsE&POffshore DevelopmentsOnshore upstream facilities in Norway
NorwayGlobally
Engineering & Project Mgmt
Norway
IndiaGlobally
EP/EPCMDesign of fixed platformsOnshore Process Facilities
Engineering India (APG)
AsiaAustralia
Front end studiesFEEDsDetail DesignShallow water fixed platformsFPSO conversions
Engineering Malaysia (AEM)
Globally
London
Possibilities:PerthHoustonRio
Engineering UK (AET Ltd)
Confidential © 2015 Aker Solutions Preferred partner
Copyright and disclaimerCopyrightCopyright of all published material including photographs, drawings and images in this document remains vested in Aker Solutions and third party contributors as appropriate. Accordingly, neither the whole nor any part of this document shall be reproduced in any form nor used in any manner without express prior permission and applicable acknowledgements. No trademark, copyright or other notice shall be altered or removed from any reproduction.
DisclaimerThis Presentation includes and is based, inter alia, on forward-looking information and statements that are subject to risks anduncertainties that could cause actual results to differ. These statements and this Presentation are based on current expectations, estimates and projections about global economic conditions, the economic conditions of the regions and industries that are majormarkets for Aker Solutions ASA and Aker Solutions ASA’s (including subsidiaries and affiliates) lines of business. These expectations, estimates and projections are generally identifiable by statements containing words such as “expects”, “believes”, “estimates” or similar expressions. Important factors that could cause actual results to differ materially from those expectations include, among others, economic and market conditions in the geographic areas and industries that are or will be major markets for Aker Solutions’ businesses, oil prices, market acceptance of new products and services, changes in governmental regulations, interest rates, fluctuations in currency exchange rates and such other factors as may be discussed from time to time in the Presentation. Although Aker Solutions ASA believes that its expectations and the Presentation are based upon reasonable assumptions, it can give no assurance that those expectations will be achieved or that the actual results will be as set out in the Presentation. Aker Solutions ASA is making no representation or warranty, expressed or implied, as to the accuracy, reliability or completeness of the Presentation, and neither Aker Solutions ASA nor any of its directors, officers or employees will have any liability to you or any other persons resulting from your use.
Aker Solutions consists of many legally independent entities, constituting their own separate identities. Aker Solutions is used as the common brand or trade mark for most of these entities. In this presentation we may sometimes use “Aker Solutions”, “we” or “us” when we refer to Aker Solutions companies in general or where no useful purpose is served by identifying any particular Aker Solutions company.
Slide 19 April 17, 2015