Confidential © 2014 Aker Solutions Preferred partner
Preferred partner
Who we are and what we doEngineers Mobility Days, Coimbra May 21 2014
Mari Sofi Korslund & Alexandre Braga
Reliable subsea
production solutions
May 21, 2014 Who we are and what we doSlide 1
Confidential © 2014 Aker Solutions Preferred partner
Agenda
■ Introduction to Aker Solutions
■ Introdution Subsea
■ Kaombo Project
21 May 2014 Who we are and what we doSlide 2
Confidential © 2014 Aker Solutions Preferred partner
Who I am
■ Mari Sofie Korslund
■ Education■ 2007: French and history, Sorbonne Paris IV
■ 2010: International politics, University of Portsmouth, UK
■ 2011: Masters in European Studies, NTNU
■ My Aker Solutions experience:■ 2012-2013: Executive assistant Chief HR Officer and Chief Communications Officer
■ 2013: International Talent Programme Manager
■ 2013: Attract team member
6 February, 2014Slide 3
Confidential © 2014 Aker Solutions Preferred partner
Agenda
■ Introduction to Aker Solutions
■ Introdution Subsea
■ Kaombo Project
21 May 2014 Who we are and what we doSlide 4
Confidential © 2014 Aker Solutions Preferred partner
This is Aker Solutions
■ Provides oilfield products, systems and
services for customers in the oil and gas
industry world-wide
■ Built on more than 170 years of industrial
tradition
■ Employs approximately 28 000 people in
more than 30 countries
Slide 5
Employees: 21 500
Contract staff: 6 500
Revenues: 44.9 bn
EBITDA: 4.7 bn
Market Cap: 25.1 bn
Revenues and profits are in NOK and for 2012.
Market capitalisation as of 6 Nov 2013.
6 February, 2014
Confidential © 2014 Aker Solutions Preferred partner
Where we are – a global footprint
Slide 6
Angola
Australia
Azerbaijan
Brazil
Brunei
Countries: ~ 30
Locations: ~ 80
Canada
China
Cyprus
Denmark
Finland
France
Germany
India
Indonesia
Italy
Malaysia
Nigeria
Norway
Russia
Singapore
South Korea
Sweden
Thailand
UAE
United Kingdom
USA
Vietnam
6 February, 2014
Confidential © 2014 Aker Solutions Preferred partner
Through the life of a field
■ Our knowledge and technologies span from reservoir to production,
and through the life of a field.
Slide 7
Exploration
Geological
interpretation
Exploration
drilling
Production testing
Development
Concept,
FEEDs
Detail design,
project mgmt
Hook-up,
completion and
commissioning
Decomm
Safe decomm
and removal
Tie-ins
Water, gas injection
Tertiary recovery
(EOR)
Drilling
upgrades
Platform
upgrades
Lowpressure
production
Production
Process
optimisation
Secondary
recovery, (IOR)
De-bottle-
necking
6 February, 2014
Confidential © 2014 Aker Solutions Preferred partner
The energy market drivers
■ Demand driven by growth in
population and wealth –
particularly in developing
countries
■ Lack of viable substitutes to
oil and gas
■ Rapid depletion of existing
producing reserves
■ More complex and
inaccessible reserves
Slide 8
Aker Solutions is well positioned to grow on the back
of these energy trends.
6 February, 2014
Source: IEA World Energy Outlook 2013
Confidential © 2014 Aker Solutions Preferred partner
Our vision and values
Our vision is to be the preferred partner for solutions in the oil and gas
industry through living our values.
Who we are and what we doSlide 10 May 21, 2014
Confidential © 2014 Aker Solutions Preferred partner
Norway
Americas
Asia-Pacific
Africa & Middle East
Europe
PhD and Master
Bachelor
Professionals
Higher education
Skilled worker
Other
Competent and experienced workforce
Who we are and what we doSlide 11
Work force
by degree
28 000
28 000
Work force
by region
May 21, 2014
Confidential © 2014 Aker Solutions Preferred partner
Agenda
■ Introduction to Aker Solutions
■ Introdution Subsea
■ Kaombo Project
21 May 2014 Who we are and what we doSlide 12
Confidential © 2014 Aker Solutions Preferred partner
Because the seafloor is the new surface
[paste video directly; 2:56mins]
21 May 2014 Who we are and what we doSlide 13
Confidential © 2014 Aker Solutions Preferred partner21/05/2014Slide 14
SubseaAlexandre Braga | Specialist Engineer
Confidential © 2014 Aker Solutions Preferred partner
Who I am
■ Alexandre Braga Lacerda
■ Education ■ Mechanical Engineer
■ MBA – Project Management
■ My Aker Solutions experience:■ 1996: Started in the Oil & Gas business - BR
■ 1996-2004: Subsea Equipment Designer – BR/NO■ 1997 – Project from Brazil executed from Norway - NO
■ 2001 – Dalia project - NO
■ 2005-2011: Project Engineer, Lead Engineer and
Engineering Manager in subsea projects – BR/USA■ 2006 – Brazilian project executed from Houston - USA
■ 2011-2012: Short break of AkerSolutions■ Moved to Norway and worked for GE Oil & Gas
■ 2012-2014: Subsea Power & Processing■ Engineering Manager
■ 2014: Kaombo Project■ Local Content Manager
6 February, 2014Slide 15
Confidential © 2014 Aker Solutions Preferred partnerSlide 16
What is subsea – what are the challenges?
We have found oil & gas below the seabed. We have a processing facility somewhere and need to get the oil & gas there. How do we do it?
Oil & Gas Reservoir
Seabed
Sealevel FPSO
0-3000 m
(or
11.000m)
1000 -
5000 m
■ We establish a piping system between the reservoir and the processing unit. Then the oil flows by itself? Maybe!
■ Basically this is it!
■ BUT; a little bit more complicated
Subsea Awareness Week
Confidential © 2014 Aker Solutions Preferred partner21/05/2014Slide 17
Umbilical
Well JumperProduction Line
Manifold
XT
Confidential © 2014 Aker Solutions Preferred partner21/05/2014Slide 18
What is a Subsea XT ?
■ Equipment of the Oil & Gas Subsea Production System that is
installed on the Well Head and has, between others, a main function
of working as a safety barrier for the well, allowing the production to
flow, or not, according to the operational need.
The TapTo isolate and regulate
Flow
Confidential © 2014 Aker Solutions Preferred partner21 May, 2014Slide 19
VXT System on Wellhead HXT System on Wellhead
Confidential © 2014 Aker Solutions Preferred partner21 May, 2014Slide 20
Tranby Technology and Manufacturing Centre
823 employees
35 000m2 buildings 23 000m2 workshops
Subsea technology ISO 9001/14001
Confidential © 2014 Aker Solutions Preferred partner21/05/2014Slide 21
Umbilical
Well JumperProduction Line
Manifold
XT
Confidential © 2014 Aker Solutions Preferred partner
Subsea Structures
■ Template
■ Manifold
21 May, 2014Slide 22
Collection points for the output from the various wells and a
connection and isolation point for the pipeline
Confidential © 2014 Aker Solutions Preferred partner
State of the art inhouse facilities / sites
21-May-14 Slide 23
Aker Solutions Egersund – Unique experience from topside and subsea making success for subsea compression
Confidential © 2014 Aker Solutions Preferred partner
Agenda
■ Introduction to Aker Solutions
■ Introdution Subsea
■ Kaombo Project
21 May 2014 Who we are and what we doSlide 24
Confidential © 2014 Aker Solutions Preferred partner
Kaombo field development!
Confidential © 2014 Aker Solutions Preferred partner
Kaombo will be the world’s largest subsea development project!
21 May, 2014Slide 26
Total states:
“A flagship project in a country of strategic importance for
Total, Kaombo will secure the sustainable growth of Angola’s
offshore resources through the mastery of state-of-the art
technologies.”http://total.com/en/energies-expertise/oil-gas/exploration-production/projects-achievements/deep-offshore/kaombo
The world’s largest subsea development – Kaombo will
cover 9 reservoirs, each with a potential of 300 mill barrels
of o.e. http://www.2b1stconsulting.com/total-adopts-converted-design-for-angola-kaombo-fpsos/
License partners:• Total 30% (operator)
• Sonangol 35%
• SSI32 20%
• Marathon 10%
• Galp 5%
Confidential © 2014 Aker Solutions Preferred partner
Kaombo is situated in block 32 - 150 km offshore the Angolan coast
21 May, 2014Slide 27
Angola• Capital: Luanda
• Population: 18.5 mill
• Area: 1.246.700 km2 (4 x Norway)
• Official language: Portuguese
• Government: Republic
• President: Jose Eduardo dos Santos
• Currency: Kwanza
Previous AkerSolutions projects in
South-west Africa• Moho, Total – Congo
• Gimboa, Hydro/Sonangol – Angola
• Dalia , Total – Angola
• Oyo, - ENI - Nigeria
• Tie-in stand-alone projects in Ghana and Nigeria
Confidential © 2014 Aker Solutions Preferred partner
The Kaombo development consists of 6 fields and
covers an area of 1090 km2
21 May, 2014Slide 28
The KAOMBO development consists of
reservoirs within six fields:
• Gengibre
• Canela
• Gindungo
• Louro
• Mostarda
• Caril
Paris city center: 105 km2
Confidential © 2014 Aker Solutions Preferred partner
Kaombo Scope of Work
21 May, 2014Slide 29
64 off
Well
Heads
64 off
PGBs
65 off
VXT
20 off
Foundations &
Levelling
Frame
20 off
Manifolds
20 off
SDUs
2 off
WOS
2 off
SSIV
35 off
Well
Jumpers
21 off
Welding in
Angola
21 off
manufactured
in Angola
21 off
Assembly & Test
in Angola
20 off
manufactured
in Angola
10 off manufactured
in Angola 35 off
Manufactured
in Angola
Confidential © 2014 Aker Solutions Preferred partner
Aker Solutions in Angola
Who we are and what we do
Service offering
■ Subsea services
■ Intervention vessels
■ Well services
Further build up in Africa
■ Congo
■ Nigeria
■ Equatorial Guinea
■ Ghana
■ Tanzania
Employees: 130
Angolan emp: 81%
Established: 2003
Main projects■ Total - Kaombo
■ Sonangol- Gimboa
■ Total - Dalia
Slide 30 21 May, 2014
Confidential © 2014 Aker Solutions Preferred partner
Added Angolan capabilities: major investments
■ 50% workshop expansion
■ 100 new work stations
■ Advanced in-doors service and
XMT A&T facility
21 May, 2014Slide 31
SONILS expansion NEW – location not yet determined
■ Office, workshop and storage
■ Advanced tie-in A&T
■ Controls repair facility
■ Hyperbaric chamber
New
high
bay
New
offices
Current set-up
Confidential © 2014 Aker Solutions Preferred partner
Positions we are currently recruiting
Luanda, Angola
■ Subsea Engineering Career Programme (job.id: 15465)
■ Workshop XMT Mechanic (job.id: 15660)
■ Cost Controller (job.id: 15661)
Tranby, Norway
■ Senior Project Engineer, Subsea Trees (job.id: 15623)
■ Senior/Lead Engineer Well Control (job.id: 15622)
Fornebu, Norway
■ Engineering Manager, Workover (job.id: 15625)
■ Senior System Engineer/Lead, Workover (job.id: 15624)
akersolutions.com/career
21 May 2014 Who we are and what we doSlide 32
Confidential © 2014 Aker Solutions Preferred partner21/05/2014Slide 33
Obrigado!
Confidential © 2014 Aker Solutions Preferred partner
Copyright and disclaimer
CopyrightCopyright 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
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DisclaimerThis Presentation includes and is based, inter alia, on forward-looking information and statements that are subject to risks and
uncertainties 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 major
markets 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,
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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.
Who we are and what we doSlide 34 May 21, 2014