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© - Copyright 2014 Bureau Veritas All rights reserved Bureau Veritas Corporate Marine and Offshore Division Overview KEITH NGUYEN Business Development Manager [email protected] Mobile: +84.90.934-5050

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© - Copyright 2014 Bureau Veritas – All rights reserved

Bureau Veritas Corporate Marine and Offshore Division Overview

KEITH NGUYEN Business Development Manager

[email protected]

Mobile: +84.90.934-5050

2 Bureau Veritas - 2014 © - Copyright 2014 Bureau Veritas – All rights reserved

What we do

OUR SERVICES

Providing one-stop service and

innovative solutions

Whatever the asset, product or business

sector

Quality

Health

Safety

Environment

Social responsibility

World leader in Testing, Inspection

and Certification services

OUR AREAS OF EXPERTISE

Inspections and Audits

Testing and Analysis

Classification

Certification

Asset Management

Training

Consulting

Q

H

S

E

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8 global businesses

Broad Geographical Presence Revenue breakdown

Asia Pacific

27%

Europe

35%

Middle East

Africa

East Europe

23%

Diversified Businesses Revenue breakdown

Marine 8%

In-Service Inspection

& Verification

12% Certification

9%

Industry

23%

Government Services

& International Trade 7%

Consumer Products

11%

Construction

12%

Commodities

18%

Bureau Veritas 2013 revenue: €3.9bn

Americas

24%

6 Bureau Veritas - 2014 © - Copyright 2014 Bureau Veritas – All rights reserved

An extensive geographic footprint

► Fast growing countries 54%

► 64,000 employees

► 1,330 offices & labs

• Asia Pacific

•21,700 employees 390 offices & labs

• Europe

•14,000 employees 380 offices & labs

•24%

•27%

•14%

•Middle East Africa Eastern Europe

•9,600 employees 290 offices & labs

•35%

• Americas

•16,300 employees 270 offices & labs

•© Copyright Bureau Veritas / March 6, 2014 / P 6

8 Bureau Veritas - 2014 © - Copyright 2014 Bureau Veritas – All rights reserved

Classification & Certification of ships and Offshore floating units

Since 1828

2013 Revenue: €294m

MARINE AND OFFSHORE

9 Bureau Veritas - 2014 © - Copyright 2014 Bureau Veritas – All rights reserved

Assurance Processes of Offshore facilities and equipment

Oil & Gas Platform, Drilling Units, FPSO, FSO, Pipeline, Subsea Facilities

MARINE & OFFSHORE (Cont.)

Since 1910

10 Bureau Veritas - 2014 © - Copyright 2014 Bureau Veritas – All rights reserved

MARINE & OFFSHORE (Cont.)

Inspection of Offshore facilities & equipment

Electrical, lifts, fire protection, asbestos, …

Since 1930

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Ships,

offshore units

& equipment

Certification

► Inspection and certification of ships on behalf of 140 Flag States

for the implementation of international conventions

►Certification of offshore floating units and equipment according

to international and national standards

►Assessment of compliance of marine safety equipment with

Marine Equipment Directives (MED) on board EU Flag vessels

Consulting &

Outsourcing

(“C&O”)

►Project management

► Front End Engineering Design (FEED) for Offshore units

►Structural advisory services

►Services provided to ship owners, navies, port facilities, etc.

Ships,

offshore

floating units

& equipment

Classification

►Design review and inspection of ships and offshore floating

units to assess compliance with classification rules

Focus on structural soundness and reliability of on-board

machinery

►Applies to ships and offshore units under construction,

in service and equipment

BV Marine & Offshore Services

12 Bureau Veritas - 2014 © - Copyright 2014 Bureau Veritas – All rights reserved

Marine & Offshore – PORTFOLIO OF SERVICES

Services Description Type

Asset

Certification

Design Review, onsite audit, witness of tests and inspections to certify that an installation complies

with client specifications, agreed standards or regulatory/ statutory requirements

Third Party

Equipment

Certification

Design Review, onsite audit, witness of tests and inspections to certify that an equipment or a

system complies with client specifications, agreed standards or regulatory/ statutory requirements

Third Party

Independent

Verification

Independent Review of design and operations to certify that Safety Case done for an installation

concluded on suitable safety measures (Initial Suitability check) and that the installation design and

operations complies with the performance standards

Third Party

Offshore

Inspection

(Field

Services)

Shop, site and equipment inspections performed during construction phase as an independent

body (third party), within statutory certifications or as a second party on behalf of the customer.

Includes NDT inspection services

Third/Second

Party

Marine

Warranty

Services

Independent Document review and Inspections prior to load outs, float overs Third Party

Procurement

Services

Shop Inspection, Expediting, Vendor Audits, Supplier Technical Assessment, Product Conformity

Assessment (CE marking, ASME, IBR, ect), Manufacturer Design Review

First/ Second

Party

Consultancy Independent technical studies, Noise & Vibrations, RAM, Structure, Corrosion Assessment,

Integrity Management, RBI/RBA

Second Party

HSE & Risk

Engineering

Services

Independent technical studies in HSE & Risk management areas (eg: Safety Case or Studies,

HAZOP, HAZID, Qualified Risk Assessments, Environmental impact assessments)

Second Party

AIM

Services

Review of management processes and techniques intended to maintain the integrity of the assets Second Party

13 Bureau Veritas - 2014 © - Copyright 2014 Bureau Veritas – All rights reserved

Service along whole life of Offshore facilities

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BV Services at early phase of the project (1/4)

► Why involve BV at feasibility/basic design stage ?

To deal with general public concern with industrial risk linked to a Offshore import & export facilities. Quickest regulatory approval

To guarantee to Owner/Operator that he is developing a First class project meeting highest international standards. Selection of best available technology

To assist in the identification up-front of major problems that could slow down the overall project implementation. Minimize environmental and societal factors.

To assist Owner/Operator in developing the highest local content throughout qualification/approval/evaluation of local market capacities.

To provide an Independent assessment of security of the facilities in particular at ship/shore connection. Strict Application of the International Ship & Port Security (ISPS) codes from IMO

To assist Owner/Operator at the definition stage through quantified reliability and maintainability analysis, in order to maximize Project availability and profitability. Asset Optimization based on our proprietary Optimize Software ®.

15 Bureau Veritas - 2014 © - Copyright 2014 Bureau Veritas – All rights reserved

BV Services at early phase of the project (2/4)

► BV provide permitting assistance :

Carry out soil analysis including measurement and evaluate Geotechnical Risk or Seismic Hazards identification. Seismology versus Safe Shutdown Earthquake (SSE) and Operating Basis Earthquake (OBE) will be analyzed

Recommendation of soil remediation, if necessary. Site often on soft coastal sediments or reclaimed lands requirement piling or soil improvement

Risk assessment linked to adjacent facilities, optimization of lay-out following hazard identification techniques. Least environment impact

►BV provide design review :

• Design review is covering all disciplines such as civil work, process equipment, piping network, electrical equipment, DCS, safety equipment and systems

• Design review can be performed at conceptual design stage or detailed design stage. Design requirement and near shore constructability can be assessed

• Design review is performed using international standards API, BS, EN or national/international regulations

• Development of over Quality Plan to insure smooth project development

16 Bureau Veritas - 2014 © - Copyright 2014 Bureau Veritas – All rights reserved

BV Services at early phase of the project (3/4)

► BV provide independent analysis in a wide range of disciplines :

Independent thermal and fatigue analysis, seismic analysis with BV own structural analysis expertise and dedicated software

Recommendation of proper material selection (material selection criteria, welding procedures, fatigue/fracture mechanics analysis)

Safety management system implementation in the plant design through hazards management (hazardous areas)

HAZOP (hazard and operability) studies and Quantitative Risk Assessment on the overall Offshore Facility.

Safety Integrity Level (SIL) studies review of instrumented control system

Independent availability analysis aims at determining the ability of the facility to match the stated performance criteria

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BV Services at early phase of the project (4/4)

► BV provide Reliability, Availability & Maintainability (RAM) analysis dedicated to Asset Optimization based on our proprietary Optimize software:

To carry out a Complete Simulation in a single model for the full Project supply chain: shipping simulation, fleet configuration, weather and mechanical delays, tidal and night berthing restrictions, etc

To Select the appropriate design options that will yield the greatest Net Present Value (NPV)

To allow Owner to make the best project decisions at the early stage

To maximize Project availability and profitability

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BV Marine and Offshore Services at EPC phase

► BV acting an active Third party assessor during Procurement, Construction and Pre-commissioning/Commissioning phases :

Carry out shop inspection: very limited numbers of suppliers and all familiar to BV Network. To ensure a worldwide consistent quality of shop inspection through BVNet reporting tools To maximize Project availability and profitability

Carry out site inspection including welding aspect of specific material (9% Ni plates, stainless steel)

Carry out NDT services (UT,X-ray, Vaccum box) on Tanks and cryogenic system

Ensure that HSE standards by contractors are met through active role on site

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Asset Integrity Management Services

► In-service inspection either statutory or non-statutory

►Piping System Integrity inside processing plant

Minimize vibration induced fatigue

► Pipeline Integrity Management: Dedicated PimSlider © software

► Risk Based Inspection

► Fitness for Service assessment

► Risk & Safety Assessment:

RAMS studies including Fault tree analysis or FMECA, HAZID,HAZOP

Quantitative Risk Analysis and Process Hazard Analysis (PHA)

20 Bureau Veritas - 2014 © - Copyright 2014 Bureau Veritas – All rights reserved

Geotechnical Engineering Services

► Geotechnical Engineering:

Design criteria for pavements & recommendations for sub-grade preparation and pavement section

Recommendations for embankments & retaining walls.

Slope stability analysis

Floor slab preparation (including sub-grade preparation, waterproof membrane, control joints & reinforcement).

Site preparation (debris/top soil removal, grading and stabilization)

Types and depths of foundations for various structures

Specifications for type & placement of fill materials.

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BV Deliverables

►BV will issue during the project development various independent certificates/reports to assist owner/operator in the control processes of project :

Independent analysis technical report

Detailed results report and associated recommendations

Intermediate Certification (Independent Review Certificate, Mechanical Completion Certificate, FEED assessment)

Overall Project Certification (following shop/site third party activities), Certificate of Fitness of the Offshore Facility

22 Bureau Veritas - 2014 © - Copyright 2014 Bureau Veritas – All rights reserved

Bureau Veritas’ employee base is its main asset

Importance of ethics and integrity with employees and business partners

Avoid any breach of ethical standards

If needed, corrective action

2015 ambition

80,000 employees worldwide

COMPLIANCE & ETHICS

SAFETY AT WORK

Providing employees with a safe and healthy working environment is a top priority.

Reinforced our training and awareness to risk issues

Attracting new talent

Internal mobility and career management

Diversity and equal opportunity

GROWING OUR TALENT

CUSTOMER SATISFACTION

Constantly improve service delivery

Measure and manage customer satisfaction

Demonstrate full regulatory compliance

Maintain and grow global accreditations

© - Copyright Bureau Veritas