technip status & prospects - startside technip at a glance ... haugesund: prs (pipeline repair...

Technip

Status & Prospects

17th March 2010

Hallvard Hasselknippe

2NCE Maritime Subsea conference March 2010January 2010

Technip at a Glance

Subsea’s Strengths & Differentiating Attributes

Outlook

Annex

Contents

I.

II.

III.

IV.


Technip at a glanceI.


“I want Technip to become the

REFERENCE COMPANY

in Health, Safety and the Environment.”

Thierry PilenkoChairman & CEO

Aberdeen, June 2008

The Chairman’s Challenge

5NCE Maritime Subsea conference March 2010January 2010 5January 2010

Technip Today

Worldwide leader in engineering, project management and technologies,

serving the oil & gas industry for more than 50 years

► 23,000 employees in 46 countries

► Industrial assets on 5 continents, a fleet of 16 vessels (19 vessel by 2011)

► 2009 revenue: €6.4 billion

Subsea

Offshore

Onshore

Solutions across the value chain


A Diversified and Well-Balanced

Portfolio of Businesses

Offshore

Topsides &

Fixed Platforms

Floaters

Deepwater

Engineering

Onshore

Gas Processing Ethylene

SCR* SystemsFurnaces

HydrogenRefining

Subsea

Pipelaying,

S/s construction

Flexible &

Rigid Pipes

Umbilicals

*SCR: Selective Catalytic Reduction systems


Subsea

► Products

Flexible Pipe

(in house manufacturing)

Umbilicals

(in house manufacturing)

Rigid Pipelines

► Services

Inspection,

Repair & Maintenance

Flexible/rigid Pipelaying

Deep Water Installation

& Construction,

Diving

► Vertical integration

► In-house technologies

► Worldwide leadership

► First class Assets

► Architecture


Worldwide Presence

Aberdeen

Paris

St. John’s

Luanda

Rio de Janeiro

Houston

Mumbai

Kuala Lumpur

Perth

Lagos

Vitória

Los Angeles

Barra do Riacho

Caracas

Dande

Lobito

Port Harcourt

Barcelona

LyonRome

Athens

The HagueDüsseldorf

St. PetersburgEvanton

LondonNewcastle

Abu Dhabi

Doha

Chennai Bangkok

Singapore

Jakarta

Balikpapan

Shanghai

Pori

Le Trait

Bogota

New Delhi

Regional Headquarters / Operating centers

Spoolbases

Manufacturing plants (flexible pipelines)

Manufacturing plants (umbilicals)

Construction yard

Tanjung Langsat(operational in 2010)

Calgary

Monterrey

Oslo

Orkanger

Stavanger

Services base

9NCE Maritime Subsea conference March 2010January 2010 9

Technip Norge

0

500

1 000

1 500

2 000

2 500

3 000

3 500

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009

m N

OK

0

50

100

150

200

250

300

350

400

man

nin

g

Revenue Manning

10NCE Maritime Subsea conference March 2010January 2010 10

Technip Norge

► Oslo: EPIC Subsea Field Developments

• 200 - 1700 mNOK

• 1-3 years implementation

• Major tender preparations

► Stavanger: IMR & diving

• 10 – 300 mNOK projects

• 3-12 months duration

• Fast track & IMR

► Haugesund: PRS (pipeline repair system)

• 1-100 mNOK

• 3-12 months completion

• Fast track, maintenance, developments

► Orkanger: pipe welding

• Industry/fabrication

Wide range of activities

Orkanger

(1996)

Oslo

Stavanger

(2006)

Haugesund

(2006)


Technip Norge

Core Services:

• Project Management and Engineering

• Rigid Flowlines/Risers

• Flexible Flowlines/Risers

• Umbilicals/Cables

• Marine Operations (tie-ins, spools, covers, survey, etc.)

• Installation of Subsea Structures

• Manned (diving) and Unmanned (ROV) Underwater Operations


Project Experience – 2008 & 9

12

► Talisman

• Yme

• Rev

► ConocoPhillips

• Ekofisk SSWI

► BP

• Skarv

► Marathon

• Alvheim

► Shell

• Draugen

► StatoilHydro

• Morvin

• Alve

• Yttergryta

• Tampen Link

• Snorre B

• Kristin

• Norne

• Gjøa

• Kvitebjørn Repair

• Gjøa

• Hywind

• Ormen Lange


Major Flexible Pipe References in NorwayBalder

• Alvheim

• Aasgard

• Balder

• COD

• Fram Vest & Øst

• Garn Vest

• Gullfaks

• Heidrun

• Kristin

• Njord

• Norne

• Ringhorne

• Skarv

• Snorre

• Troll

• Tyrihans

• Varg

• Veslefrikk

• Visund

13


Subsea’s Strengths &

Differentiating Attributes

II.


Main focus/strategy

► HSE excellence

► Long term investments in assets

► Technology differntiators

► Right paste in growth

► Competence / people

► Long term client relations

► Track record – always deliver

► Standardisation in a non standard business

• Execution model / Procedures / Processes

• QMS


Investment for the Future

Aberdeen

Paris

Oslo

St. John’s

Luanda

Rio de Janeiro

Houston

Mumbai

Kuala Lumpur

Perth

Lagos

Monterrey

+ 50%

Vitória

Los Angeles

Barra do Riacho

Caracas

Dande

Lobito

Port Harcourt

Canada

Barcelona

LyonRome

Athens

The HagueDüsseldorf

St. Petersburg

Orkanger

Evanton

LondonNewcastle

Arctic

new

Abu Dhabi

Doha

Chennai Bangkok

Singapore

Jakarta

Balikpapan

New plant

Shanghai

upgrade

new

Pori+ 20%

Further expansion in important regions

New Operating Centers

New/expanded manufacturing plant(flexible pipelines, umbilicals: 2007/2010)

New marine assets (2007/2011)Expanded Operating Centers

Le Trait

Bogota

New Delhi

Calgary

upgrade


A Fleet of 19 Vessels by 2011

Deep Blue Deep Pioneer Sunrise 2000 Venturer Deep Constructor Seamec Princess Apache

Orelia Wellservicer Skandi Achiever Normand Pioneer Seamec 2 Seamec 3 Alliance

Seamec 1

Current fleet: 16 vessels

Skandi Arctic

3 new vessels

Deep Energy

(new deepwater

pipelay vessel,

delivery in 2011)

Skandi Vitoria

(new Brazilian deepwater

pipelay vessel, delivery in

2010)

Apache II

(rigid pipelay vessel,

delivery in 2010)


Skandi Arctic

► Exceeds Norwegian strict standards

► Length: 157 meters

► Speed: 16 knot

► Accommodation: 140 persons

► Class 3 dynamic positioning system

► 3 ROVs

► 400 ton crane

► Pioneering computerized 24-person dive system

Pioneering and technologically advanced diving &

construction support vessel

Largest and most sophisticated dive vessel in the world

Ke

n T

aylo

r


State-of-the-art rigid pipelay & construction vessel:

strengthening Technip’s abilities in harsh environments & deepwater

Reinforce our competitiveness and leadership by renewing

world class assets with our liquid balance sheet

Existing Apache

► Start operations: 1979


► Speed: 9.5 knot

► Cranes: 3 * 27 tons

► Free deck space: 235 m2

► Main reel: 2,000 tons

► Auxiliary reel: 320 tons

► ROVs: 0

New Apache

► Start operations: 2010


► Speed: 13 knot

► Cranes: 2 * 100 tons and 2 * 10 tons

► Free deck space: 1,000 m2

► Main reel: 2,000 tons

► Auxiliary reel: 650 tons

► ROVs: 2


Further enhancing Technip’s ultra-deep water pipelay

capabilities

New Pipelay Vessel


► Superior transit speed of 20 knots

► Class 3 dynamic positioning system

► Pipe Line End Terminal handling system

► Twin reels of 2,800 tons each

► 150 ton active heave compensation crane

► Top tension 450 tons

Exceptional transit speed for rapid deployment worldwide


R&D 2006-2009

Budget by segment

0.0

10.0

20.0

30.0

40.0

50.0

60.0

M€

2006 2007 2008 2009

Budget

Years

Subsea

Offshore

Onshore

Total : 55

Total : 47.6Total : 46.1

Total : 38.3

22NCE Maritime Subsea conference March 2010January 2010 22Newcomer Info Mtg May 2009

Technology focus

Pipeline

Reeling

Pipeline

Repair

System

Flexible

Risers

13%Chrome

Flowlines

Remote

Tie-In

Systems

Plastic

Lined

Pipelines

Clad

Pipelines

Smoothbore

Gas Export

Riser

New Diving

Technology

High competence requirements

Direct heating


STATOILHYDRO

HyWind Project

► Example of transferring offshore experience

to new applications.


OutlookIII.


3-y outlook Technip

► Competitive market:

• doubling of capacity in DSV, construction and pipelay

► Modernisation and internationalisation of TP continues

• Industry moving east and south (arctic longer term)

• Develop global talent pool (competence, mobility)

• Compliance

• IT (ERP etc.)

► HSE improvements but fragile

• Improve momentum

• ”balance the consequence”

► What TP is about:

• Attractive & safe place to work

• No 1 in subsea, among global leaders in onshore/offshore

• Supplier of choice for clients in frontier projects

• Leading edge assets and technologies

• Profitability (project execution)

26NCE Maritime Subsea conference March 2010January 2010. 26


The Work comprises the EPCI of the

flowline system and installation of the

subsea production system consisting of the

umbilical system, the templates and riser

bases.

The Goliat field is located in the Barents

Sea, in production licences PL229 and

PL229B in a water depth up to 430m. It is

situated roughly half way between

Hammerfest and Snøhvit, approximately

50nm northwest of the city of Hammerfest.


Upgrade of Orkanger for new Pipelay Vessels

Split stalk rack

Green spaces and green bays

Extended Stalk rack 1120 mtrs

Pavement (asphalt)

on civil area

Reconfiguration of

parking area

Reconfiguration of storage facilities, storage containers and heavy

equipment.

Double Spooling Line

29


Arctic

► ENI Norge

► Snøhvit Phase II

► SDAG Shtokman


Conclusions

► Well balanced: regions, clients and markets

► First class technology, engineering and project management skills

► Subsea vertically integrated

► Proximity to local clients

► Strong balance sheet with €1,7 billion Net Cash

► Continuous investment in key assets and R&D

► Promising subsea construction outlook

Technip is a Long-Term Solid Partner


Thank you for your attention!

32Title of presentation in Header and Footer

Our ambition –

Dedicated workforce


Disclaimer

► The presentations contained herein are the property of Technip and are not

intended to be a binding contractual document. Any reproduction or

modification to any of these presentations are prohibited unless agreed in

writing by Technip. Any information contained herein shall not result in

any binding obligation on the part of Technip, or any of its affiliates, and is

provided for information purposes only.

33


AnnexIV.


Technical ObjectivesPerdido SPAR: Shell

Technological Solutions to address ever Deeper Water

• Spar operating at the

deepest water

depths: 2,350 meters

• Subsea pipelines

from our spool base in

Mobile, Alabama and

umbilicals manufactured at

Channelview, all installed by

the Deep Blue to 2,961

meters depth

Towards 3,000 meters and beyond

Source: Technip

Extend flexible risers water depth

and pressure capability to 3,000 meters

and beyond through innovative solutions

• Qualify up to 11” flexible pipe

with offshore testing ongoing


Technological solutions to address deeper water

Towards 3,000 m and beyond

► Perdido (2008)

• Spar operating with the

deepest water depth:

2,350 m

• Subsea pipelines

(depth: 2,950 m)

► Cascade & Chinook (2009)• A new application of FSHR further

to the PDET project with Petrobras

• 5 Free Standing Hybrid Risers

• Water depth: 2,500 - 2,640 m

► Pazflor IPB (2010)

• Following first supply and

installation of 8 IPB risers

on the Dalia field, new

contract for 2 IPB risers

on the Pazflor project,

offshore Angola

• Water depth: 800 m


Floating LNG solutions

Processing systemCryogenic

flexible pipe

FPSO Subsea services

& product provider

FPSO LNG (FLNG)

Cryogenic

pipe-in-pipe

A unique combination of technologies and know-how


Subsea Technological Achievements

► Angola, Dalia (Total), 2006

• 71 subsea wells in 1,400 m of water

• Integrated Production Bundle: 10.75” ID

• Temperature monitoring with optical fibers

• High performance pipe-in-pipe (Aerogel technology)

► Brazil (Petrobras), 2006

• Deepest flexible pipe structure tested at a water depth of 2,100 m

► Norwegian Continental Shelf, Asgard (Statoil), 2007

• First smoothbore flexible pipe gas export riser (13.7” ID)

► US Gulf of Mexico, Perdido (Shell), 2008/2009

• Deepest reeled flowline installation at a water depth of 2,961 m

• Deepest reeled steel catenary riser installation at a water depth of 2,469 m


Pazflor Subsea Project, Angola

► Client: Total

► Water depth: 1,200 m

► EPC Project: risers, flowlines and

umbilicals

► Value > $1.7 billion

► Installation will commence in 2010

The largest Subsea contract ever,

Technip share > $1.1 billion,

High level of local content

The Pazflor field in Angola

PazflorAngola


Vertical integration:

offering breadth of services and leading technology

40

Cascade & Chinook: Petrobras

► World record depth for Hybrid Free Standing

Riser in 2,500 – 2,640 meters of water

► Broad geographical reach:

• Engineering teams from Offshore and

Subsea divisions from Technip’s offices in

Houston, Brazil, Paris, Canada & UK

• Fabrication of buoyancy cans, stress joints

and suction piles at Pori

• Fabrication of the flexible pipes at Le Trait

► Technically challenging:

• High-pressure dynamic flexible pipes

• 5 buoyancy cans. 700 ton net uplift

• Installation before arrival of the FPSO

• Multi-vessel installation (incl. Deep Blue /

Deep Pioneer)

• Only 28 months from award to completion

► Status: Installation ongoing – on schedule


Technip

ISIN: FR0000131708

Bloomberg: TEC FP Reuters: TECF.PA SEDOL: 4874160

ADR: TKPPK

technip status & prospects - startside technip at a glance ... haugesund: prs (pipeline repair...

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