A Leading Oil & Gas Services Provider - Saipem company/2176SAIPEMGENERAL.pdf · Worked Manhours LTI Frequency Rate TRI Frequency Rate ... North Sea Saipem’s Assets ... A Leading

A Leading Oil & Gas Services Provider

September 2014 P140901

Saipem: A Leading Oil & Gas Services Provider 2

Contents

Highlights HSE and Q

Ownership

Business Model Assets: Project Execution Centres, Fleet, Yards, Drilling Units

Sustainability and Local Content

Organization

Financial Performance

Drilling

Strategy and Major Projects Under Way

Engineering & Construction

Key Achievements and Activities


Saipem Today: A Major Multicultural E&C & Drilling Contractor

> 50,000 employees from >130 nationalities

11 fabrication yards in 5 continents

Operating in more then 60 countries

29 engineering and project execution offices worldwide

Revenues

Backlog

2013 2014 guidance

December 31, 2013 June 30, 2014

12.3 B€ 13 B€

17.1 B€ 24.2 B€

approx.


A Leading Global EP(I)C General Contractor

High quality player onshore and in niches offshore

Drilling

Distinctive ‘frontier focus’ in Oil & Gas industries

Full service EP(I)C provider

Most modern, technologically advanced offshore construction fleet


BUs Offshore, Onshore, Floaters


An impressive track record over more than 60 years

Designed and built:

More than 100 grass roots complexes, 2,000 process units

Over 130,000 km of land pipelines, sealines and trunklines

In the last decade, more than 100 offshore EPIC projects,


Drilled over 7,300 wells, of which 1,800 offshore

Drilling

including groundbreaking deepwater achievements


Milan

Engineering Centres

Yards & Main Logistic Bases

Other Main Areas and Rep. Offices

Fano

Chennai

Paris

Global Presence with a Multilocal Emphasis (1/2)

Rome

EP(I)C Hubs


Global Presence with a Multilocal Emphasis (2/2)

(°) 31st July, 2014

Human Resources

50,591 employees of 132 nationalities(°)

United Kingdom2%

Malaysia2%

Brazil2%

Morocco2%

Angola3% Peru

3%

Saudi Arabia3%

Indonesia3%

Kazakhstan4%

France4%

Venezuela4%

Mexico5%

Canada6%

Philippines6%

Nigeria7%

India11%

Italy14%

Other <2%19%


HSEQ – Top Saipem Priority The Leadership in Health & Safety Programs

Injuries Frequency Rate

Latest New Programs:

Choose Life!

In preparation for 3Q2014 roll-out

Saipem’s non-profit organization, to sponsor HSE studies, training programs, educational campaigns, etc.

Results and methologies available to the industry

1,44 1,56

1,21

0,84 0,71 0,5 0,48 0,4

0,31 0,32 0,26

4.69

5.21

4.7

2.34 2.33

1.55 1.93

1.71

1.3 1.06 1.15

,000

1,500

3,000

4,500

6,000

0

70

140

210

280

350

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

LTI &

TR

I F

req

uen

cy R

ate

s

millio

n m

an

ho

urs

Worked Manhours LTI Frequency Rate TRI Frequency Rate

6.000

3.000

1.500

4.500

(Started in 2013)

We Want Zero!


Contents


Ownership



Organization


Drilling





Saipem Businesses and BUs

BU Offshore BU Drilling BU Floaters BU Onshore

Engin

eeri

ng &

Constr

uction

Off

shore

O

nshore


Feasibility Studies

Technology Licenses

Project Definition

Basic Design, Front End

Start-up and Commissioning

Revamps, Upgrades, Modernization

Saipem E&C: Complete Range of EPC/EPIC Services

Engineering, Procurement, Installation, Construction

Lease and Operate Decommissioning

Emphasis on maximizing local presence and content

Superior capabilities for harsh, remote and difficult environments

Customized project and contracting solutions: EPC LSTK EPIC T&I Cost-plus Convertible Lease & Operate

Targeting even the most challenging and technologically advanced projects, offshore and onshore

Maintain and Operate Env. Remediation

Project Management

Safety, Quality Management


Saipem Drilling

International drilling contractor operating both offshore and onshore

World 10th largest contractor in offshore drilling, 2nd largest contractor in onshore drilling international markets (Excl. N. America, Russia and China domestic operators)

Specialization in deep water, harsh environments and remote areas

Completed fleet modernization and expansion: since 2008 +7 offshore

and +57 onshore rigs

offshore drilling positioning (total world: 715 units, as of Apr. ‘13)

onshore drilling positioning (total international markets*: 2.199 units including

workover, as of Dec. ‘12)

*excluding North America, China and Russia


Saipem Business Model Supply of complex solutions for even the largest and most challenging projects

Saipem 14

Saipem’s Assets: Major Engineering Centres

Saipem (Milan – Italy)

Saipem (Paris – France)

Saipem (Rome – Italy)

Saipem (Fano – Italy)

Saipem India Projects (Chennai – India)

EP(I)C HUBS

ENGINEERING CENTRES

Saipem Canada (Calgary - Canada)

Saipem (London, Aberdeen - UK)

Saimexicana (Mexico City - Mexico)

Offshore Design Engineering (London - UK)

Saipem do Brasil (Rio de Janeiro - Brazil)

Sofresid (Regional Offices - France)

Moss Maritime (Oslo - Norway)

Sairus (Moscow - Russia)

Snamprogetti Romania (Bucharest - Romania)

Saipem India Projects (New Delhi - India)

Saipem (Rijeka - Croatia)

Saipem Indonesia (Jakarta - Indonesia)

Saipem (Sharjah - UAE)

Saipem Contracting Algérie (Algiers - Algeria)

SA.LI.CO. (Tripoli - Libya)

Saipem (Vibo - Italy)

Saipem Contracting (Nigeria) (Lagos - Nigeria)

Deepwater Engineering and Technology (Luanda - Angola)

Snamprogetti Engineering & Contracting (Al-Khobar - Saudi Arabia)


PROJECT

Complexity

Guidance

Regional Engineering Centres

E&C Typical Project Execution Strategy

Major Centre leadership on large complex projects

Local leadership on small/medium projects

Saipem (Milan – Italy)

Saipem (Paris – France)

Saipem (Rome – Italy)

Saipem (Fano – Italy)

Saipem India Projects (Chennai – India)

EP(I)C HUBS

ENGINEERING CENTERS

Subcontracting

Major EP(I)C Hubs Size


Arbatax Yard - Italy

Rumuolumeni Yard - Nigeria

Pointe-Noire Yard - Republic of the Congo

Soyo Yard - Angola

Ambriz Yard - Angola

Dammam Yard - Saudi Arabia

Karimun Yard - Indonesia

Kuryk Yard - Kazakhstan

Kurik Yard, Kazakhstan

Soyo Yard, Angola

Saipem’s Assets: Fabrication Yards (*)

(*) Construction support facilities worldwide not included

Edmonton Yards - Canada

Ambriz Yard, Angola

Rumuolumeni Yard Port Harcourt, Nigeria

Guarujà Yard - Brazil

Karimun Yard, Indonesia

Guarujà Yard Brazil

Brazil New

Initiative

Edmonton Yards - Canada

Under Development

Rumaila Yard - Iraq

Saipem: A Leading Oil & Gas Services Provider

Castoro Sei

Field Development / SURF Lifting and DLB

Ultra-Heavy Lifting & Deepwater Pipelaying

Saipem 7000

Pipelaying

S355

Semac 1

Saipem FDS

Castoro 7

Castoro ll

Castoro Otto

Saipem 3000

Castorone

Saipem FDS 2

Castoro 10

Saipem’s Assets: Offshore Construction Vessels Our offshore fleet exceeds 40 units

17


Saipem 12000 Angola

Saipem 10000 Mozambique

Scarabeo 5 Norway – North Sea

Deep Water

Perro Negro 8 Italy

Perro Negro 7 Saudi Arabia

Jack-Up

Scarabeo 9 Angola

Scarabeo 8 Norway – North Sea

Saipem’s Assets: Drilling Units 17 offshore units and more than 100 onshore rigs

Heliportable Rig Ecuador/Perù

Desert Enviroment Algeria/Saudi Arabia

Kashagan Field - Kazakhstan

Onshore


Contents


Ownership



Organization


Drilling





Saipem Ownership

Market Cap. € 6.8 Billion @ December 31, 2013

Listed on Milan Stock Exchange

57%

43%

Public

20


Contents


Ownership



Organization


Drilling





(B€) Financials

Revenues New Contract Acquisitions

3.86

5.32

10.1

3.19

0.31

3.51

7.3

0.44 0.47

10.3

4.83

4.34

0.55

0.57

11.2 0.69 0.75

5.24

4.49

3.46

9.3

5.13

0.47

0.42

0.26 0.37

5.95

5.08

12.6

0.74

0.83

13.4

6.18

5.36

0.75 1.09

12.3

4.93

5.4

0.76 1.2

3.2

1.9

0.34

0.56

6.0

2006 2007 2008 2009 2010 2011 2012 2013 H2014

4.49

13.9

10.7 0.64

6.07

4.38

3.50 3.65

9.9

3.67

0.34

5.09

12.9

7.74

4.60

11.9 0.27 0.33

7.52

0.58 0.59

1.20

0.76

1.64

2.23

12.5 0.59

0.78

5.01

6.13

13.4

3.97

7.48

0.92 1.03

10.7

2.57

5.78

0.91 1.40

13.1

8.24

4.33

0.42 0.14

2006 2007 2008 2009 2010 2011 2012 2013 H2014

Backlog

19.1

9.20

4.68

3.78

7.05

4.22

15.4

2.25

5.43

18.7

8.04

3.42

3.76

5.54

10.54

20.5

12.9

6.06

4.18

3.35 1.46

1.49

1.06

0.70

0.38

6.60

9.60

20.4

3.30

0.91

8.72

6.7

19.7

3.24

1.08

17.1

4.11

8.32

3.39

1.24

2006 2007 2008 2009 2010 2011 2012 2013 H2014

13.37

6.55

1.31

24.2

2.97


Major Global E&C Companies in Oil & Gas Markets Revenues in 2013 (B €)


Balanced Exposure to Oil & Gas Industry: Backlog Analysis

40%

49%

6%

5% North Africa

Europe

America

West Africa

CIS

Asia Pacific Majors/Supermajors

National

Independents

Others

BY GEOGRAPHIC AREA BY CLIENT

Middle East

Saudi Arabia

Kazakhstan

BY COUNTRY WITH MAJOR ’LOCAL-CONTENT’ FOCUS

Total Backlog as of June 30, 2014 = 24.2 B €

Nigeria

Angola

Other

Canada

21%

11%

10% 6%

33%

2% 17%

20% 6% 12%

19%

2%

1% 40%

Brazil


Contents


Ownership



Organization


Drilling





Company Organization

A. Chiarini

Chief Financial and Compliance Officer (CFCO)

G. Almandoz

Internal Audit Human Resources, and Organisation

D. Gallinari

A. Careddu

Quality

D. Brkic

Business and Technology Development

S. De Sanctis

Health, Safety, Environment

and Sustainability

Chairman of the Board

F. Carbonetti

Chief Executive Officer (CEO)

U. Vergine

E. Mandraffino

Public Affairs and Communications

G. Caselli

Chief Operating Officer (COO)

A. Riva

Integrated Risk Management

P. Formica

Procurement, Contract and

Industrial Risk Management

26


Saipem Operations

27

COO

G. Caselli

BU Offshore

S. Porcari

BU Onshore

E. Magnani

BU Drilling

E. Palliotto

COO office

BU Floaters

F. Pallavicini

P. Barclay

Engineering, Technologies & Commissioning

A. Cipelli

Project and Post Order

Management

A. Gebbia

Regional

Manager

Europe & North Africa

J. L. Chassagne

Regional

Manager

C.I.S. & Caspian Sea

a.i. G. Caselli

Regional

Manager

Central Africa

G. Surace

Regional

Manager

Southern Africa

L. Furini

Regional

Manager

Middle East

G. Secchi

Regional

Manager

South East Asia &

Oceania

G. Martelli

Regional

Manager

North America

V. Testaguzza

Regional

Manager

South America

L. Cattedri


Contents


Ownership



Organization


Drilling





Local Content Maximization

A cornerstone of Saipem’s business philosophy

Develop/invest in local project execution centres

Project Management

Engineering

Procurement and Subcontracts with Local Suppliers

Prefabrication Yards

Local hiring

Training, know-how transfer

Local partnerships

HSE, medical training and assistance

Creation of long-term social and economic value

Development of local skills Effective engagement of all stakeholders

Objective: deeply rooted local sustainable presence

Local employees:

>70% of total

From more than 130 nationalities

In more than 60 countries

29 engineering and project execution

centres

11 local prefabrication

yards


Historical Local Presence: Saipem in Nigeria - Since the 1960s

Personnel employed in Saipem Nigeria Ltd.

Rumuolumeni Base, Saipem prefabrication and construction support yard at Port Harcourt

Okwori Field Development Scarabeo 3 - Addax

16.4 Km

15.4 Km

17.4 Km

Tunu: site camp

Southern Swamp AG Solution SPDC

Recently awarded

Em

plo

ye

es

Egina Field Development- Total Upstream Nigeria Ltd.

30

EP(I)C contracts with as many local resources as possible Recently awarded

In construction


Expanding Local Presence: Saipem in Canada

Full service project execution centre, with international reach

Upstream Pipelines Refining Oil sands processing Shale gas

31

Husky Oil, Sunrise Oil Sands Project, Central Processing Facilities

CNRL Horizon Upgrader Phases II and III

From 5 employees in 2007 to > 1,500 currently (of which 700 engineers)

Mastered exacting local project execution requirements

Climate impact Modularization Pioneered new entry mechanisms for foreign labor Completed own prefabrication yards

The only real local EPC contractor in Alberta, with full control of the entire work sequence and risk assumption

Business model based on EPC

Innovative contractual and risk management schemes, new for the Canadian market

Major projects under way:


Expanding Local Presence: Saipem in Iraq

Sajer, a JV with local partners, registered in Iraq since 2009

Rumailah Camp Facilities

Sajer Assets: Baghdad Head Office (Int. Zone)

Rumailah: Camp, Logistics Base, Prefab Yard, Training Centre, Laydown Yard, Batching Plant

Sharing people and assets with Saipem ME facilities

Drilling Operations

Technical service agreement to support Iraqi drilling company

4 EPC contracts for water treatment, processing plants and pipelines for ExxonMobil Iraq Ltd.

First projects under way

Khor Al-Zubair Fertilizer Plant Rehabilitation

Iraq Crude Oil Export Expansion Project Phase 2, Basra Oil Terminal, South Oil Company

Umm Qasr Marine Terminal rehabilitation, Inlet Booster Compression Station and other projects for Shell/Basra Gas Company

Central Metering and Manifold Platform Loadout – Iraq Crude Oil Export Expansion Project, South Oil Company


From occasional contractor to permanent player

8 major deepwater EPIC projects underway

One Leased FPSO in operation offshore Vitoria

3 rigs deployed for onshore drilling

Guarujá Yard FPSO Cidade de Vitoria

• Guara & Lula NE Pipelines • Lula NE – Cernambi

New flagship Saipem FDS 2 vessel, ideally suited for Pre-Salt ultra-deepwater project execution

(Picture of Saipem FDS 2 vessel that will perform the offshore activities)

Investing in Local Presence: Saipem in Brazil

Rio Polimeros Chemical Complex (completed in 2005)

Application of highly specialized ultra-deep water fleet

33

Rio Engineering Centre Under development: scheduled completion to support recently

acquired projects

Developing new Guarujá Yard and Engineering Centre in Rio

Within the industrial hub of Santos, the largest port and industrial area in Brazil

Strategically located to support development of new ultra-deep water Pre-Salt fields

Fabrication of subsea and floating structures and supply of support services to the specialized fleet and project execution

EPIC contracts for the Lula Norte, Sul and Extremo Sul Projects

Lula Extremo Sul Project


Contents


Ownership



Organization


Drilling





Oil Refining

IGCC Integrated Gasification and Combined Cycle

Oil & Gas Drilling, Production and Processing

Pipelines

Petrochemicals

Gas-to-Liquids

LNG Regasification

Power

Gas-to-Solids

Gas Liquefaction

Environment & Renewables

Maintenance & Operations

Infrastructures

Maritime Works

Upstream

Subsea Field Development

Drilling

Floaters

Sonsub Remote Subsea Technologies

Offshore Fixed Facilities

Onshore

Offshore Oil Oil

Gas Gas

Excel in all steps of the oil & gas value chain, onshore and offshore, as well as in selected diversified businesses

Saipem Strategy

Downstream

Industrial


Sonatrach - LNG GL3Z

Arzew, Algeria

CNRL Horizon Secondary Upgrader, Phases II and III - Canada(Picture of CNRL – Phase I)

Chevron, LNG Loading Jetty Gorgon - Australia

Southern Swamp Associated Gas Solution SPDC Nigeria

Federal Railways Etihad Rail - U.A.E.

Mega-projects Under Way, Onshore

Abu Dhabi Gas Development Co., U.A.E. Shah Gas Development Program-EPC Packages 2, 3, 5

Gladstone LNG Pipeline, Australia(Pictured)

Shedgum-Yanbu Pipeline, Saudi Aramco, Saudi Arabia South Caucasus Pipeline, Azerbaijan - Georgia

Benisede

Tunu Okupushi

Ogbotobo

Socar & Turcas Aegean Rafineri - Turkey (Vision 2023)

Recently Awarded

Phase III Recently Awarded

Jizan Refinery Pckgs 1&2, Saudi Aramco, Saudi Arabia

Fertilizer Complex Dangote Fertilizer Ltd.,

Nigeria

EPDM Rubber Plant Versalis, Italy

Recently Awarded

Recently Awarded

Recently Awarded

Recently Awarded


Shah Gas Development Project Abu Dhabi Gas Devel. Co. Ltd. United Arab Emirates

Tout Lui Faut Refinery Expansion Staatsolie Suriname

LNG GL3Z Arzew Sonatrach Algeria

Independent Power Plant at Afam Rivers State Gov. Nigeria

Regasification Terminal Polskie LNG Company Poland

EPDM rubber plant expansion VERSALIS Italy

Major EPC Projects Under Way, Onshore High Speed Railway RFI Italy

Horizon Oil Sands Canadian National Resources Ltd. Canada

Shell Petroleum Development Otumara-Saghara-Escravos Gas Pipeline Nigeria

Federal Railways Etihad Rail United Arab Emirates

Safco V Urea Plant Safco Saudi Arabia

SSAGS Facilities SPDC Nigeria

Topolobampo Gas Pipeline Transcanada Mexico

Rabigh II Complex Saudi Aramco/Sumitomo Saudi Arabia

Ammonia and urea production complex Dangote Fertilizer Ltd Nigeria

Zubair Gathering System ExxonMobil Iraq

STAR Rafineri A.S. Grassroots Refinery Turkey

West Qurna ExxonMobil Iraq

Shedgum Yanbu Pipeline Loop 4&5 Saudi Aramco Saudi Arabia

Jizan Refinery, Packg.s 1 and 2 Saudi Aramco Saudi Arabia

Litchendjili gas treatment plant Eni Congo Congo

37


Sapinhoa Norte and Cernambi Sul Guara & Lula NE Export Pipelines-

Brazil (Pictured)

Mega-projects Under Way, Offshore and Floaters

Ichthys Gas Export Pipeline

Australia

Liwan 3-1 Field - China (Picture of the Saipem FDS 2 vessel that will perform the offshore activities)

First Deepwater Field Developed in the South China Sea

Lula Norte, Lula Sul, and Lula Extremo Sul Pipelines and Riser Systems P55 – Brazil (Pictured)

Petrobras, Brazil Pre-salt Projects

Recently Awarded

Egina Field Development, Total, Nigeria

Al Wasit Gas Program Saudi Arabia

Castoro Otto

Recently Awarded

South Stream Offshore Pipeline, Black Sea

Recently Awarded

Shah Deniz Stage 2, BP Exploration, Azerbaijan

Recently Awarded

Saipem 7000

Castoro Sei

FPU for Jangkrik Complex Project Dev.

Eni M.B., Indonesia

Just Awarded

Two FPSOs for Kaombo Field Dev. Project, Block 32 Total, Angola

Just Awarded


Major EPIC and T&I Projects Under Way, Offshore and Floaters Various platform and pipeline installations North Sea

South Stream Pipeline South Stream Transport B.V. Russia-Bulgaria

Basra Oil Terminal Expansion South Oil Company Iraq

Chirag Oil Project AIOC Azerbaijan

Al Wasit Gas Program Arabiyah and Hasbah fields development Saudi Aramco Saudi Arabia

Ichthys Gas Export Pipeline INPEX Australia

Filanovsky Field Export pipelines and T&I activities Lukoil Russia

Long Term Agreement Offshore Maintain Potential Program Saudi Aramco Saudi Arabia

Girassol Resources Initiative Topside modifications Total E&P Angola Angola

Congo River Crossing Pipeline Project Cabinda Gulf Oil Co Republic of the Congo

P55 Steel Catenary Risers and Flowlines Petrobras Brazil

FPSO Cidade de Vitoria Petrobras Brazil (Leased - in operation)

Guara & Lula NE Export Pipelines Petrobras Brazil

Dragon - CIGMA Gas Pipeline PDVSA Venezuela

Sapinhoa Norte and Cernambi Sul SLWR and FSHR Petrobras Brazil

Rota Cabiunas Gas Export Trunkline Petrobras Brazil

Perla EP Project J/V Eni Repsol Venezuela

Sapinhoa Norte and Iracema Sul Project Petrobras Brazil

Litoral - A Platforms Dragados Mexico

Shah Deniz Stage 2 BP Azerbaijan

Lula Norte, Lula Sul and Lula Extremo Sul project Petrobras Brazil

Kizomba Satellites Phase 2 Tiebacks Esso Angola

Bonga NorthWest Field development Nigeria

FPU for Jangkrik Complex Project Eni Muarau Bakau Indonesia

Egina Field Development Total Nigeria

West Delta Deep Marine Phase IXa Project Burullus Gas Company Egypt

FPSO Units for Kaombo Field Dev. Total Angola

FPSO Gimboa Sonangol Angola (Leased - in operation)

Mafumerira Project URF facilities Modification and tie-in s CABGOC Angola

Moho Project Subsea structures Aker Solutions Republic of Congo

Gorgon LNG Loading Jetty Chevron Australia Australia

Port of Tangier expansion TMSA Morocco

39


Saipem Drilling Business Unit: Key Utilization Data

60%

70%

80%

90%

100%

'09 '10 '11 '12

deep water floaters mid water floaters

high specs jackups

standard jackups

tender assisted

heavy rigs

medium rigs

light rigs

all fleet

60%

70%

80%

90%

100%

'09 '10 '11 '12

Utilization rate significantly higher than market average

Offshore Drilling % utilization

(2013 under elaboration)

Onshore Drilling % utilization


Scarabeo 5 (4th gen semi)



Scarabeo 6 (3rd gen semi)

S10000 (drillship)

S12000 (drillship)


Ocean Spur

Perro Negro 2-3-5

Perro Negro 4

Perro Negro 7

Perro Negro 8

TAD

Scarabeo 3 (2nd gen semi)

Scarabeo 4 (2nd gen semi)

deep water floaters

mid water floaters

high specs jackups

standard jackups

tender assisted

logistic bases

Saipem Offshore Drilling Fleet Deployment


Saipem Onshore Drilling Rigs Deployment

Peru (24 rigs)

Bolivia (4 rigs)

Ecuador (3 rigs)

Colombia (8 rigs)

Venezuela (28 rigs)

Congo (2 rigs)

Tunisia (1 rig)

Saudi Arabia (23 rigs)

Kazakhstan (8 rigs) Ukraine (1 rig)

Italy (1 rig)

Mauritania (1 rig)

Chile (2 rigs)

Turkey (1 rig)

Morocco (1 rig)


Contents


Ownership



Organization



Drilling




Saudi Aramco, K.S.A.

Mega Oil Projects Upstream

Individual project values: > 2 bn $ each Last years total awards: > 10 bn $

FEED

(Cost-plus)

EPC

(Lump Sum)

With pre-agreed formulae

Flagship projects to bring huge new gas and oil production capacity on stream quickly

New “Convertible” contract structures:

Khurais Oil Field: Saipem awarded 60% of total investment

Source: Saudi Aramco (2007)

Qurayyah Sea Water Treatment

Khurais WIPS Khurais Utilities Package

Qatif Central Producing Facilities

Khursaniyah Processing Facilities

Manifa Central Processing Facilities


Other Recent Large Oil & Gas Production Project Awards

Karachaganak Petroleum Op. B.V. Kazakhstan Karachaganak Field Development Project and Export Pipeline

Sonatrach, Algeria UTBS - Crude Oil Treatment

Agip KCO, Kazakhstan Kashagan Project Phase 1

• Husky Oil, Alberta, Canada Sunrise Oil Sands Projects Central Processing Facilities

16.4 Km

15.4 Km

17.4 Km

Tunu: site camp

• SPDC, Delta State, Nigeria Southern Swamp Associated Gas Solution

Qatar Petroleum, Qatar Dukhan Field Gas Lift Project


Floating Oil and Gas Production

ExxonMobil, Erha FPSO, Nigeria

Total, Dalia FPSO, Angola

Designed and completed :

6 converted FPSOs under Lease & Operate contracts (3 in operation)

Continuously developing new concepts and top quality engineering services, including the design of more than 20 semisubmersible units.

9 new built floating production systems, including 3 large scale projects with storage capacity exceeding 2 million barrels of oil

FPU for Jangkrik Complex Project Eni Muarau Bakau Indonesia

Latest Award

Two FPSOs for Kaombo Field Development Project, Total, Angola

Latest Award


Complex Integrated Offshore Fixed Facilities

Saudi Aramco, Saudi Arabia, Al Wasit Gas Program

EPIC flagship projects:

Agip Gas B.V., Libya Bahr Essalam Full Field Development

Completed more than 100 offshore EPIC projects over the last ten years, including several challenging large-scale integrated complexes

Bahr Essalam Full Field Development: Gathering sealines, export trunklines, subsea production system, production platform

Al Wasit Field Development: Complete system, including 12 wellheads, 2 tie-in and 1 injection platforms, 200 km export trunkline offshore, 120 km onshore pipeline, service pipelines and sealines, marine works

South Oil Company, Iraq Crude Oil Export Expansion Project, Phase 2 (Picture of Castoro otto installing similar platform)

Under Execution

Under Execution

Shah Deniz Stage 2 T&I of jackets, topsides and subsea production systems and subsea structures; laying of over 360 km of pipelines; diving support services; upgrading of main installation vessels

BP, Shah Deniz Field (general layout), Azerbaijan

Latest Award


Platforms Installation

Saipem 7000 installing platform accommodation module

Installed 2.5 million tons of offshore structures

Heaviest lift record: 12,100 t integrated deck

Floatover and heavy lift techniques

Sakhalin Island, Russia, integrated deck floatover installation

Jacket launch


Subsea Deepwater Field Development

Elf Petroleum Nigeria, Usan, Nigeria EPCI of subsea system connecting 42 wellheads to FPSO, with export sealines

Designed and executed more than 20 major deepwater systems in the last ten years

Numerous high technology proprietary solutions available for risers and flowlines

Gazprom, Sakhalin 3, Russia (*) Not deepwater

Burullus Gas Company, West Delta Deep Marine Project, Egypt (Picture of Saipem FDS operations in Egyptian waters)

Currently Under Execution

Recently Completed

Under way:

Egina Field Development, for Total Upstream Nigeria Ltd. EPIC Contract for Umbilicals,

Flowlines and Riser System

Sapinhoa Norte and Cernambi Sul Project for Petrobas EPIC contract for Steel Lazy Wave Riser and Free Standing Hybrid Riser for the gas export systems

Egina Field Development - Nigeria

Latest Award


Sonsub Remote Subsea Technologies

Repsol, Spain, Prestige Deepwater oil recovery

Construction Services Diverless Tie-in and Pipeline Repair Systems Diving Operations Specialist Tooling & Engineering Survey & Positioning Services Dedicated fleet of 11 Construction Support Vessels

and Several ROVs

Bar Protector Dive support and construction vessel

Innovator 250 Heavy duty ROV

Deepwater sealine repair system

More than 200 subsea inspection, maintenance, repair and support services completed world-wide in the last 20 years

Deepest recovery operation of oil from tanker at 3,850 m water depth (Repsol, Prestige)

Full service deepwater intervention capabilities:

50


Refining and Heavy Oils Conversion

CNRL - Canada

Eni - Isocracker Sannazzaro Refinery

Mohammedia Refinery Expansion - Morocco

36 grass-roots refineries

World-wide track record

30 hydrocrackers, H-Oil and LC Finers

In the last decade, emphasis on “Bottoms-of-the-Barrel” upgrading

Today’s focus:

Staatsolie, Suriname, refinery expansion

EST First Commercial Unit for Eni R&M

2 desulfurization and amine units for Pemex - Refinacion, Mexico

Canadian projects

Eni - EST Sannazzaro Refinery

Staatsolie Maatschappij Suriname N.V.

Reformer and Aromatics Complex for Saudi Aramco/Sumitomo - Rabigh II, Saudi Arabia

Aegean Refinery Project

CNRL Horizon Upgrader Phases II and III - FEED and EPC

212,000 BPSD Grassroots Refinery Aliaga, Turkey

Phase III Latest Award

Recent Award

Jazan IGCC Complex Saudi Aramco Saudi Arabia

15 gasifiers, plus H2, ASR, Soot Ash Removal, Sulfur Recovery and other units

Latest Award


IGCC-Integrated Gasification with Combined Cycle

Significant interrelationships EPC/Project Financing requirements

Designed and built the two world largest IGCC plants 0n stream

GE (then Texaco) and Shell technologies

Integration of many technologies and proprietary equipment

Designing and building the world largest gasification project Saudi Aramco Jazan IGCC

ISAB, Priolo - Italy

512 MWe

Sarlux, Sarroch - Italy

550 MWe

Contributed to technology optimization and development (E.g. Reactor redesign)

Eni R&M Sannazzaro - Italy

250 MWe

Feed

Quenchwater

Syngas

Soot water

VaporOxygen

Feed

Quenchwater

Syngas

Soot water

VaporOxygen

15 gasifiers, plus H2, ASR, Soot Ash Removal, Sulfur Recovery and other units

New grassroots refinery in Jazan, KSA

Latest Award

View of a tipical Sulphur Recovery Unit


Processing

Gas to Market

20 Integrated Natural Gas Complexes

Individual project values > 1 bn $

Designed and built > 200 process units

ExxonMobil, Al Khaleej Qatar

AGIP GAS BV, Mellitah Libya

Petronas, GPP - 5/6 Malaysia

QP, NGL4 Qatar

Abu Dhabi Gas Development Co. Shah Gas Development Program EPC Packages 2, 3, 5

GASCO, NGL 3rd Train U.A.E.

Close to Completition

53


Onshore Transportation Systems - Pipelines

Gas to Market

Hawiyah Gas Pipeline System Saudi Arabia

Kashagan - Caspian Sea NAOC GTS4 - Nigeria

Leading global E&C contractor for oil and gas pipelines

30,000 km of oil & product pipelines 40 pumping stations (~2,100 MW)

Over 60,000 km of gas pipelines > 90 compressor stations (~3,000 MW)

1,400 km of water pipelines 11 Pumping Stations (~130 MW)

Alinta - Australia

BS 160 - Kuwait

BS 171 - Kuwait

Complete Shedgum-Yanbu Gas Pipeline for Loops 4&5, Saudi Aramco, K.S.A.

Latest Award South Caucasus Pipeline Azerbaijan – Georgia Shas Deniz Consortium

Latest Award


Gas to Market Offshore Pipeline Systems

Nord Stream Gas Pipeline – Baltic Sea 1224 Km, 48’’

Leader in deepwater and shallow water pipelaying: laid over 35,000 km of sealines

Designed and laid the most challenging offshore pipelines since the 70s

Numerous complex mega-projects under way in Brazil, Australia etc.

New state-of-the-art, high productivity Castorone pipelaying vessel for very large diameter pipes in sub-arctic conditions and in deep waters

South Stream Offshore Pipeline System, up to 4 lines, 931 km, depths up to 2200 m across the Black Sea

• Inpex - Ichthys LNG Project - Australia (Picture of Castorone vessel that will perform the offshore activities)

Completed Ahead of Schedule in April 2012

Latest Award

Castoro 6 On duty for Nord Stream

Saipem 7000 To be used for South Stream

Installation underway


Flagship Integrated Mega-project: Kashagan Experimental Program

Major offshore and onshore integrated project for the production of crude oil and associated gas:

Kashagan Field

EPCI of trunklines and production flowlines

Transportation & installation of piles, flares and modular units

Fabrication of structures

Hook-up and commissioning

Drilling of multiple wells from artificial islands

Developed locally purpose-built construction fleet and unique taylor-made pipelaying techniques and equipment

Severe weather, winter sea freezing, very shallow waters

Offshore artificial islands for drilling, process and utility facilities

Oil and gas export system

New onshore processing facility

Saipem’s scope:


Flagship Pipeline Integrated Mega-project: Sakhalin II

Saipem main contractor - multibillion EPC contracts

Client: Sakhalin Energy Investment Co. (SEIC)

Very challenging logistics: Remote and inhospitable terrain T < -45°C, frost Snow storms Mountains, slopes >15°

Built over 5,000 km of temporary access roads

Start-up Dec. 2008 Shell CEO 2008 Safety Award

Oil & gas twin 780 km land pipeline system

Oil: 24” Gas: 48” > 80 MM construction man-hours Driven > 150 MMkm

Several segments of sealines and subsea power and communication cables

Offshore transportation and installation of two massive integrated platform decks


LNG – NG Liquefaction

Gas to Market

1st multi-billion $ contract as Main

Contractor to design and execute a

world class

4.7 MTPA LNG project

Arzew - LNG GL3Z - Algeria

NLNG, Bonny Island - Nigeria, Trains 1÷6 EPC / Train 7 Plus RasGas, Ras Laffan - Qatar EPC Trains 3÷5

To date, designed and built 9 LNG trains,

35 MTPA total capacity

Major synergies with Saipem’s

long-standing experience and

capabilities in marine works and

LNG tankage

Close to Completition

Several FEED projects under way for

major new projects in Canada,

Mozambique etc.


LNG Import / Storage / Regasification

LNG Import Terminal Chengtoujiao, Guangdong - China

Canaport LNG - Canada

Extensive proprietary technology and expertise

Designed and built:

Pioneer in new technologies for treatment, storage, handling of liquefied gas

12 world scale LNG terminals More than 40 LNG tanks

LNG Import Terminal Zeebrugge - Belgium

Gas to Market

Fos Cavaou Marseille - France

Polskie LNG Terminal Swinoujcie - Poland

Under Construction


Floating LNG – Regasification and Liquefaction

First FSRU worldwide positioned offshore

Combining onshore and offshore engineering and construction competencies with the emerging conversion / new built floating LNG market

Several designs and FEED studies developed and under way

Significant R&D effort way

Broadwater FSRU, USA, pre-FEED and ITT preparation

Azure, Deepwater LNG FPSO for mild environments, Joint Industry Project

Petrobras, LNG FPSO, FEED

OLT, FSRU Toscana, Italy

Floating Hose Development with Trelleborg


Gas-to-Liquids

Chevron Nigeria Ltd. - Escravos, Nigeria

Sasol process to produce premium diesel from natural gas

ATR - New Syngas production technology from Haldor Topsoe

Multibillion $ contract, in JV with KBR

One of three world scale GTL projects in execution (34,000 bpsd)

Modules Fabrication in Abu Dhabi

Natural Gas + Steam

Oxygen

Syngas

Natural Gas + Steam

Oxygen

Syngas

Oxygen

SyngasGTL site - Nigeria GTL site - Nigeria Modules shipment Single module Module loading

Gas to Market


Omifco - Oman

Ammonia 2 x 1,750 t/d Urea 2 x 2,530 t/d

Ammonia 2,194 t/d Urea 3,835 t/d

Engro Chemical Pakistan Ltd. Daharki - Pakistan

Ammonia 2 x 2,300 t/d Urea 3,850 t/d

Qafco-5 - Qatar

Snamprogetti™ Urea Technology: 130 licenses world-wide

Designed and built more than 30 large

Ammonia/Urea complexes

World largest single train complexes: 3,850 t/d

3 on stream 2 in design and construction

3 in design preparation

‘Jumbo’ single train - ready! >5,000 t/d

Ammonia – Urea Complexes

World largest complex in operation >5,000 t/d

(2 trains):

Gas to Market

Urea

Urea

Urea

Dangote Complex, Nigeria

Ammonia 2 x 2,200 t/d Urea 2 x 3,850 t/d


Petrochemicals

Dushanzi China Ethylene

5 Ethylene 13 HD/LLDPE

Univation

Dow

ExxonMobil

Versalis

Lummus Global

Engineered and built most advanced

petrochemical plants

Access to first class technologies

10 LDPE 3 Styrene

RIO POLIMEROS, Rio de Janeiro - Brazil

Ethylene (520,000 t/y) LLDPE (2 x 250,000 t/y)

Petrochina Dushanzi Petrochemical Co. SSBR (100,000 t/y) SBS (80,000 t/y)

PE, Brindisi - Italy UNIPOL™

Qatofin - Qatar LLDPE (450,000 t/y)

Expansion of the Ethylene Propylene Diene

Monomer plant Versalis, Ferrara, Italy

Latest Award

63


Power Plants

Designed and built over 10,000 MW (EPC basis)

Italy, France, Algeria, Nigeria

Ansaldo, GE, Alstom, Siemens turbines

Natural gas and syngas, combined and single cycle, combined heat and power, waste to energy

Ferrera Erbognone - Italy

Berrouaghia - Algeria Dombasle - France Ravenna - Italy Okpai - Nigeria Afam - Nigeria

Awarded 2° Train


Milan-Bologna Po river crossing

Infrastructure Italian High Speed Railway System

Milan-Verona 112 km

Basic and Front End designs completed EPC started

on Milan-Brescia stretch

Milan-Bologna 182 km

Main Contractor for Design and Construction

(Single Contract > 6 B €)

Inaugurated in 2008

Calatrava road bridge

Ruwais - Shah, Habshan (U.A.E.) 265 km

EPC Railway Track

Shah-Ruwais Railway track

Under Way

Under Way


Environment & Renewables

Business Line with core team of dedicated specialists integrated into global Saipem organization

Site Remediation Priolo - Italy

Full Environmental Services Provider:

Contaminated sites remediation

Water and waste treatment plants and management

Ecology, monitoring and emissions abatement

Developing of new environmental and renewable technologies and systems

CCS programs Electrochemical Remediaton Technology

Groundwater Treatment Plant Porto Torres - Italy

Physical Barriers at Porto Marghera - Italy


Marine Works

Shore-line facilities for onshore projects Innovative structures Optimization of overall facilities

layout In-house specialist expertise:

Ports & Container Terminals

Waterfront Developments

Jetties & Berths Breakwaters

Oil & Gas Marine Structures

Recent awards:

Tangier Harbour Morocco

Costa Azul Mexico

Guangdong LNG - China Callao Container Terminal, Lima Peru

Ammonia/Urea jetty, Arzew, Algeria (Sonatrach)

LNG loading jetty, Barrow Island, Australia (Chevron)

Bulk unloading and loading jetty, Sohar Port, Oman

Tangier II Port Project, Morocco (TMSA)

Pointe Noire Container Quay, Republic of the Congo

Puerto Nuevo Export Terminal, Colombia

Coastal Engineering

Structural Design

Hydraulic Testing

Foundation Engineering

Construction Methods

Melchorita LNG Peru


Offshore Decommissioning

Successfully completed 7 decommissioning projects in the last decade in the North Sea, Mediterranean and Gulf of Mexico

Flagship project example - Frigg Field Decommissioning for Total E&P Norge:

Platforms (topsides and jackets) and related subsea facilities

Project duration: 5 years up to 2010

Scope: engineering, preparation, removal, transportation and disposal

340 days of offshore activities by Saipem 7000

Removed 85,000 tons of structures

Over 2 million man-hours without LTIs

Developed innovative seafastening techniques and substructure removal methods


Maintenance, Modifications & Operations

Leverage on continuing in-country local presence

Global O&M Services around 3 main products:

1. Maintenance & Inspection Engineering CMMS, Assets register, RCM, RBI Spare parts management Training services Special studies

3. Modifications & Turnaround Projects Project management Engineering & procurement services Fabrication support from local yards Installation capabilities

2. Operations & Maintenance Long-Term Contracts

Technical expertise QHSE continuous improvement plans On-the-job training programs Local content and nationalization


Advanced Subsea, Offshore and Onshore Technology Development

SURF

Riser concepts : SIR, BIRD, …

Forged ends PIP

Plastic liners : FBJ

Active heating for pipe in pipe

Welding

Subsea Processing

Gas/liquid separation : Multipipe

Liquid/Liquid separation : SpoolSep

Seawater treatment: SPRINGS

Floaters

Offshore LNG offloading

FLNG technologies

Dry tree Unit (WHB)

Subsea Field Architectures

SIR Riser

SPRINGS Multipipe

FLNG tandem

offloading system

SpoolSep

SpoolSep Multipipe

Flowlines with PiP, heating,

liners, …

Process Technologies

"Zero emissions" urea synthesis

Environment and remediation control

Advanced Welding & Pipelaying

Techniques

Ultra-shallow, ultra-deep, Arctic pipelaying

Productivity acceleration

Exotic and clad materials

70


Documents

A Leading Oil & Gas Services Provider - Saipem company/2176SAIPEMGENERAL.pdf · Worked Manhours LTI Frequency Rate TRI Frequency Rate ... North Sea Saipem’s Assets ... A Leading