OSX 3 FPSO Project Progress Review June 2012
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1. Project Progress – Overall
Plan Actual Var Plan Actual Var Plan % Actual % Var
1 Project Management 17.00% 40.41 40.41 3.74 3.74 44.15 44.15
2 Hull & Marine Engineering 1.00% 84.31 84.04 -0.27 3.89 1.83 -2.06 88.20 85.87 -2.33 -0.02%
3 Hull & Marine Procurement 9.00% 66.44 68.10 1.66 5.39 4.70 -0.69 71.83 72.80 0.97 0.09%
4 Topside Engineering 2.00% 83.36 83.34 -0.02 6.11 5.38 -0.73 89.47 88.72 -0.75 -0.02%
5 Topside Procurement 24.00% 46.64 45.15 -1.49 6.18 5.04 -1.14 52.82 50.19 -2.63 -0.63%
6 Vessel Repair & Conversion 17.00% 29.31 32.67 3.36 7.45 8.64 1.19 36.76 41.31 4.55 0.77%
7 Topside Fabrication 7.00% 23.74 16.44 -7.30 12.67 12.34 -0.33 36.41 28.78 -7.63 -0.53%
8 Turret & Mooring 19.00% 48.52 44.00 -4.52 6.55 5.50 -1.05 55.07 49.50 -5.57 -1.06%
9 Testing & Commissioning 1.00%
10 Offshore Work 3.00%
Overall Project 100.00% 42.42 41.41 -1.01 6.16 5.77 -0.39 48.58 47.18 -1.40 -1.40%
Weight x Variance
Item No.
Cumulative Last Month Progress This Month MayDescription Weight
(%)
2. Project Progress – Overall “S” CURVE
0%
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90%
100%
Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13Baseline 2.20% 7.77% 10.40% 13.32% 16.10% 19.80% 25.19% 29.31% 33.19% 37.62% 42.42% 48.58% 54.17% 59.63% 65.76% 73.21% 79.19% 84.30% 87.13% 89.23% 90.55% 91.98% 93.29% 94.69% 95.31% 95.94% 98.13% 99.68% 100.00Actual 2.20% 7.68% 10.23% 12.37% 16.29% 20.00% 25.06% 28.77% 31.91% 36.63% 41.41% 47.18%
OVERALL S-CURVE
3. Project Progress – Marine Engineering
0%
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90%
100%
Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13Baseline 0.00% 0.27% 4.18% 14.51% 24.16% 35.44% 49.31% 57.58% 66.56% 76.78% 84.31% 88.20% 93.27% 95.11% 96.22% 97.00% 97.16% 98.00% 98.18% 98.67% 98.67% 99.11% 99.16%100.00%100.00%Actual 0.00% 0.44% 4.09% 14.69% 26.09% 36.58% 52.93% 58.49% 66.71% 75.62% 84.04% 85.87%
MARINE ENGINEERING
• Marine Engineering is on track and is close to completion. • Progress slightly dropped this period due to delay on vendor information. • Expediting is ongoing and expected to improve during the next reporting
period.
4. Project Progress – Marine Procurement
0%
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60%
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90%
100%
Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13Baseline 0.00% 37.22% 39.32% 42.85% 46.61% 49.96% 55.67% 58.05% 59.49% 62.76% 66.44% 71.83% 80.36% 83.89% 87.00% 87.80% 95.10% 97.40% 99.15% 99.62% 99.90% 99.97% 100.00%Actual 0.00% 37.22% 38.49% 41.87% 47.48% 51.95% 56.33% 59.24% 61.90% 64.01% 68.10% 72.80%
MARINE PROCUREMENT
• Progress is ahead than plan and expected to be on this level through out the completion.
• All major P.O. in placed and main focus is now shifted on expediting and equipment delivery to shipyard.
• Equipment delivery is on schedule and there is no risk at this point of time except the latest potential changes of offloading system.
5. Project Progress – Topside Engineering
0%
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100%
Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13Baseline 2.76% 5.54% 7.77% 12.84% 22.17% 33.57% 53.75% 63.07% 69.49% 78.31% 83.36% 89.47% 97.01% 99.03% 99.28% 99.28% 99.62% 99.95% 99.96% 99.98% 100.00%Actual 2.71% 5.45% 7.57% 13.63% 22.62% 33.67% 50.59% 60.05% 68.42% 77.14% 83.34% 88.72%
TOPSIDE ENGINEERING
• Remaining main activities is the issuance of Piping Isometric drawings and expected to complete by July 2012.
• Postponed topside engineering team demobilization in order to maintain the work force and to fully support construction requirements.
6. Project Progress – Topside Procurement
0%
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100%
Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13Baseline 6.38% 12.49% 18.55% 25.35% 26.92% 29.43% 36.57% 41.29% 42.93% 44.58% 46.64% 52.82% 55.29% 59.22% 66.19% 82.24% 89.96% 98.23% 99.41% 100.00%Actual 6.38% 12.12% 18.21% 21.69% 27.27% 29.48% 35.92% 40.31% 42.07% 43.66% 45.15% 50.19%
TOPSIDE PROCUREMENT
• Progress slightly behind our plan but there is no impact on the current schedule. • Focus is now shifted on material fabrication follow up, FAT and transportation
arrangement. • Expediting team is working closely with each vendor and logistic team for the
timely arrival of equipment. • Started delivery of Long Lead items. 2 GTG’s Load out on 1st week of June 2012
and expected to arrive at Singapore by 1st week of August.
7. Project Progress – Vessel Repair & Conversion
0%
10%
20%
30%
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50%
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100%
Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13Baseline 1.00% 1.00% 3.18% 5.37% 7.55% 11.85% 16.43% 21.85% 29.31% 36.76% 44.22% 51.67% 59.12% 67.16% 75.19% 81.32% 87.45% 91.27% 93.49% 95.66% 97.83% 100.00%Actual 1.00% 1.00% 3.18% 5.37% 7.55% 11.85% 13.93% 25.27% 32.67% 41.31%
VESSEL REPAIR & CONVERSION
• Progress is continued doing well and commenced final dry docking on 3rd week of June 2012 ahead than the plan.
• Tank steel renewal is in progress and on schedule. We had extensive amount of steel renewal in the hull. Remaining 507 tons for bottom plate renewal will be completed during the 3rd and final dry docking.
• The new steel structure fabrication for various conversion items are on going such as module stools, TSS etc. Currently 43 % completed.
• Started Piping fabrication and progress is doing well and ahead than our plan. • Tank blasting and coating is also in progress.
9. Progress Photos – Vessel Repair & Conversion
9. Progress Photos – Vessel Repair & Conversion
Bottom Steel Renewal and Bilge keel modification on vessel final dry docking
9. Progress Photos – Vessel Repair & Conversion
HVAC and Carpentry activities is on going in Accommodation
9. Progress Photos – Vessel Repair & Conversion
Main Engine – Piston and Bearing are being overhauled in workshop
Main Engine – system components being installed after overhauling
8. Project Progress – Turret & Mooring
0%
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100%
Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13Baseline 0.00% 0.30% 0.80% 1.60% 5.70% 13.40% 21.90% 27.42% 34.55% 42.03% 48.52% 55.07% 60.87% 67.71% 74.26% 79.15% 84.10% 88.95% 92.40% 94.93% 96.20% 97.33% 98.49% 100.00 100.00 100.00Actual 0.30% 0.80% 1.60% 5.70% 13.40% 21.90% 25.50% 30.10% 36.90% 44.00% 49.50%
TURRET & MOORING
• Progress is still behind our early plan mainly due to late engineering completion of several piping design and late delivery of piping materials to fabrication yard.
• Construction is doing well and completed integration of chain table module & CTBSS. • The following are the key action to mitigate the delay in piping materials delivery:
• Air freight key components. • Expediting all materials and especially key materials (as defined by our fabsite
team at MMHE) with the vendors. • Approaching Far East and European stock houses and paying a premium for
these materials if necessary to improve our deliveries. • Set up a new dedicated piping workshop to improve productivity.
9. Progress Photos – Turret & Mooring Chain table Module Assembly, Inner RGT
and skirt plate has been installed
Chain Table Module Chain table Module Assembly, Weld out
CTM & CTBSS in progress
Assembly of RGT lower flanges
9. Progress Photos – Turret & Mooring Turret Head Assembly, Weld out of top
plate & sheave foundation ongoing
Turret Head Module Turret Head Assembly, SAS nodes &
lifting pad eyes installed
Front Elevation
Rear Elevation
9. Progress Photos – Turret & Mooring
Weld out Pull-in Deck Assembly ongoing
Pull-In Deck Module
Pull-In Deck Assembly
9. Progress Photos – Turret & Mooring
Installation of Deck Plates on-going
Manifold Deck Level 01
Manifold Deck Level 02 Weld out of Deck frame sub-assemblies and installation of backing structure in progress
9. Progress Photos – Turret & Mooring Swivel Access Structure
Assembly Row 2 main deck truss in progress
Assembly Row 1 main deck truss in progress
Assembly of monorail deck truss at Fab. 5 in progress
Assembly of monorail deck in progress
Blasting & Painting of SAS Main Deck in progress
9. Progress Photos – Turret & Mooring Piping Works
Carbon Steel pipes fabrication area at Mega workshop
Duplex & S.S. Steel Pipes fabrication area at new CRA workshop
9. Project Progress – T/S Module Fabrication
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100%
25-Jan-12 22-Feb-12 28-Mar-12 25-Apr-12 23-May-12 27-Jun-12 25-Jul-12 29-Aug-12 26-Sep-12 24-Oct-12 28-Nov-12Baseline 2.34% 9.07% 16.31% 28.82% 44.77% 60.73% 73.80% 88.32% 92.99% 97.35% 100.00%Actual 1.82% 4.47% 9.60% 23.85% 40.56%
TOPSIDE MODULE FABRICATION - DYNAMAC
• Structural fabrication and Installation for all Pipe racks and Modules are ongoing. • Started Piping hydro testing on Pipe racks. • Progress still behind our early plan curve due to limited resources deployed in the
project by contractors due to multi project are going on concurrently. • To mitigate the delays, the following actions have been put in place:
Addressed our concern and disappointment with DM management. Replaced few poor performance subcontractors. Focus on pipe rack construction to ensure the load out in August.
9. Progress Photos – T/S Module Fabrication Pipe rack 5C & 6C Pipe rack 7C & 8C
9. Progress Photos – T/S Module Fabrication Pipe rack 3C & 4C Pipe rack 1C & 2C
9. Progress Photos – T/S Module Fabrication Pipe rack TSS -1 & TSS -2
9. Progress Photos – T/S Module Fabrication Module 7S – Power Generation Module 6S – Power Generation
9. Progress Photos – T/S Module Fabrication Module 5S – Mid ship Laydown Module 7P – AFT Laydown
9. Progress Photos – T/S Module Fabrication Module 5P – Water Injection and Utilities
9. Project Progress – T/S Module Fabrication
0%
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90%
100%
25-Jan-12 22-Feb-12 28-Mar-12 25-Apr-12 23-May-12 27-Jun-12 25-Jul-12 29-Aug-12 26-Sep-12 24-Oct-12 28-Nov-12Baseline 0.46% 5.64% 12.04% 19.42% 29.29% 43.27% 56.87% 71.55% 83.57% 93.58% 100.00%Actual 0.40% 1.90% 5.91% 10.13% 18.75%
TOPSIDE MODULE FABRICATION - AIBEL
• Structural fabrication and installation for all modules are on going. • Started piping fabrication and ahead than plan. • The current progress slippage is mainly cause by the delay on drawings issuance due
to some engineering changes as well as manpower shortage by contractors. • To mitigate the delay, the following actions are put in place:
Expedite the topside engineering drawings. Re-arrange subcontractor’s scope of works. Removed one subcontract (unimit)
structure grand assemble work and give it to other subcon and remove the piping works from unimit and pass to other subcon.
9. Progress Photos – T/S Module Fabrication
Module 4P Block 1 Blasting & Painting at Dee line Shop. Expected to transport to LCB yard on 29 June
Module 4P Block 2 & 3 at LCB Yard
9. Progress Photos – T/S Module Fabrication
Module 1P EL 37 Floor
Module 1P EL 34~37 (Block 1~5) at LCB Yard. Hand over to Piping and E&I
9. Project Progress – T/S Module Fabrication Module 2P Block 1 at Unimit Fabrication Yard
Module 2P Block 2 at Unimit Fabrication Yard
Module 3P Block 1 at Unimit Fabrication Yard
Module 3P Block 2 at Unimit Fabrication Yard
9. Project Progress – T/S Module Fabrication Module 1SA & 1SB EL. 34~37 Assembly at Dee line Fabrication Yard
Module 1SA deck plating at Dee line Fabrication Yard
Module 2S Block 1 at Unimit Fabrication Yard
Module 2S Block 2 at Unimit Fabrication Yard
9. Progress Photos – T/S Module Fabrication Module 3S 34~37 Assembly at Dee line
Fabrication Yard
Module 3S EL 43
Module 4SA EL 34~37 Assembly at Dee line Fabrication Shop
Module 4S EL 44.5 Assembly at Dee line Fabrication Shop
9. Progress Photos – T/S Module Fabrication Carbon steel piping fabrication
Fabricated DSS spool Fabricated SS spool - NACE
Painting of Pipe Spool
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10 Topside EPC Module Highlights – ABB - MEGARON
• Completed Structural hot works except trial fit stair & platform and 60mm plate below stool.
• Started Equipment Installation ( LV Switchgear, Power Transformer, FCS Panel)
• Internal HVAC ducting in switchgear room. (80% completed) • Insulation in switchgear room. (95% completed). • Completed installation of equipment support.
E-HOUSE MODULE
9. Progress Photos – E-HOUSE Module
9. Progress Photos – E-HOUSE Module
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11 Topside EPC Module Highlights – AKER - PROFAB
MODULE 6P (SRU )
• Completed stool deck framing.
• Structural fabrication and assembly for production deck and upper deck is ongoing.
• Piping Fabrication is ongoing (CS & SS Pipe).
Thank You
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