A L&T SapuraCrest Joint Venture

OFFSHORE INTERNATIONAL FZC

Rely On Us

Rely On Us

Company Overview

QHSE

Market Focus

Capabilities

The LTS 3000

PRESENTATIONMODULES

Oct 2009 2

COMPANYOVERVIEW

Company Background

Mission and Vision

Global Partners : Larsen & Toubro Ltd.& SapuraCrest

Oct 2009 3

COMPANY BACKGROUND

• Offshore International FZC (OIF) is a Joint Venture company formed by Larsen & Toubro Ltd. (L&T), India and SapuraCrest Petroleum Berhad, Malaysia for providing services to offshore construction industry worldwide.

• Company’s equity is held in the ratio 60:40 by L&T and SapuraCrest respectively.

• Company registered with the Hamriyah Free Zone of Sharjah, UAE. Will own and operate the LTS 3000, a Heavy Lift cum Pipe lay Vessel.

Oct 2009 4

MISSION AND VISION

MISSION• To be an innovative, safe and reliable provider of construction services

to the offshore Oil & Gas industry

VISION• OIF shall be recognized as the Best in Class provider of offshore

construction services, committed to excellence, continuous improvement and profitable growth

• Customer satisfaction shall be the prime concern and OIF shall strive to build mutually beneficial and long term relationships with all stakeholders

• OIF shall follow safe, secure and environmentally friendly practices in all its operations

Oct 2009 5

GLOBAL PARTNERSLARSEN & TOUBRO LTD.

• Larsen & Toubro Ltd. (L&T) is a technology-driven USD 7 billion (2009 revenues) ISO 9001:2000 and OHSAS 18001 certified Indian company

• A diversified group consisting of 102 subsidiary companies, and 24 associate companies with operations in more than 45 countries

• The L&T Group has a presence in Heavy Engineering and Fabrication, Engineering and Construction projects, Infrastructure Development, Industrial Machinery and Products, Electrical and Electronics equipment and Information Technology

• Ranked No.1 in Quality and Reputation in a Wall Street Journal Asia Survey in 2006-2007

• Received India’s ‘Best Managed Company’ Award presented by Business Today and Ernst & Young in 2008. Awarded ‘Best for Investor Relations’ by Asiamoney in 2009

Oct 2009 6

GLOBAL PARTNERSSAPURACREST

• SapuraCrest Petroleum is the largest Malaysian group of companies providing integrated services to the oil and gas industry including offshore drilling, marine installation and construction, offshore geo-technical investigations and geophysical surveys.

• SapuraCrest has registered a revenue of 1 billion USD for the FY 2009

• TL Offshore as Part of the Sapura Group is the only Malaysian company providing offshore marine installation services.

Oct 2009 7

SAPURACREST

JOINT VENTUREORGANOGRAM

Oct 2009

JV BOARD

V Ashwini Kumar

Chief Executive

Dheeraj Gondane

Construction Manager

Operations

Field Engineers

Above Deck Crew

Walajapet Parathasarthy

Head Finance & Accounts

Finance & Accounts

Personnel & HR

Secretarial Functions

SAP & IT Systems

Sudip Sengupta

Head Installation Engineering

Installation Engineering,

Project Engineers

A.K.Goswami

Head Marketing & Commercial

Marketing, Costing and Proposals

Project Purchasing

JVA Administration

SOPs

S Vijayakumar

Head QHSE (MR)

HSE Manager

Welding Engineering

Quality Systems

Manish Sinha

Head Marine

Operations

PMS

Below Deck Crew

Marine Stat. Compliance

Logistics

8

QUALITY, HEALTH, SAFETY & ENVIRONMENT

QHSE : Our Guiding Principle

Establishing The Right Culture

Industry Body Memberships

Oct 2009 9

QHSEOUR GUIDING PRINCIPLE

• An integrated management system: QMS - ISO 9001:2008, EMS - ISO 14001:2004, OHSAS - 18001:2007

• Total Quality Management• Customer focus• Work Processes, Training and knowledge sharing• Total involvement of people

• Reliability, efficiency and consistency while protecting• Our assets• People• Environment

• Most Competitive through highest standards of QHSE

Oct 2009 10

ESTABLISHINGTHE RIGHT CULTURE…

At Offshore International we

have a work culture which is client focused,

cohesive, collaborative and

enables knowledge sharing.

Systems

Strategy

Skills

Assets

People

Shared Value and

Success

Oct 2009 11

INDUSTRY BODY MEMBERSHIPS

IMCA : International Marine Contractors Association

IPLOCA : International Pipeline & Offshore Contractors Association

Oct 2009 12

MARKETFOCUS

Market Focus : Present and Future

Oct 2009 13

MARKET FOCUSPRESENT AND FUTURE

PRESENT• Conventional

Projects relating to the installation of fixed platforms (jackets, topsides and decks) and their associated pipelines, flow lines and umbilicals

• TrunklinesInstallation of large diameter export pipelines worldwide.

FUTURE• Subsea, Umbilicals, Risers and Flowlines (SURF)

Projects related to subsea field development including the design, installation and commissioning of subsea infrastructure, risers and flowline systems in deepwater and harsh environments

Oct 2009 14

CAPABILITIES

Installation Engineering

Project Management

Operations

Oct 2009 15

CAPABILITIESINSTALLATION ENGINEERING

STRUCTURES

Load-out & Transportation

Analysis of Jackets, Topsides &

Modules

Launch, Floatation, Upending of

Jackets

Lift Analysis & Rigging Design

Jacket On-bottom stability and

Mudmat design review

Jacket Upending Analysis

Oct 2009 16

CAPABILITIESINSTALLATION ENGINEERING

STRUCTURES

Pile/ Conductor Drivability

Analysis, Pile make up, Hammer

selection

Design of Installation Aids

(guides, bumpers, local

strengthening etc.)

Ballasting and Stability

calculations

Jacket Upending Analysis

3D CAD Simulation of Jacket Lifting and

Positioning

Oct 2009 17

CAPABILITIESINSTALLATION ENGINEERING

Pile Drivability Analysis

using GRL-WEAP

Oct 2009 18

CAPABILITIESINSTALLATION ENGINEERING

Jacket LaunchAnalysis

Oct 2009 19

CAPABILITIESINSTALLATION ENGINEERING

PIPELINES

Pipe Lay and Strength Analyses

Davit Lift analysis and Surface Tie-in

Abandonment & Recovery Analyses

Software like SACS, GRL WEAP, OFFPIPE and in-house programs aid our

Engineering

Oct 2009 20

CAPABILITIESPROJECT MANAGEMENT

• L&T and SapuraCrest have extensive Project Management experience in offshore EPC and installation projects

• OIF can draw upon these resources to provide technical expertise and exceptional project management capabilities to ensure timely and cost-effective execution of projects around the world

Oct 2009 21

CAPABILITIESPROJECT MANAGEMENT

New Well Platforms

[28]

New Process Platform

[5]

Subsea Pipeline Kilometers

[510+]

Gas Compression Module

[7]

Living Quarter Module

[4]

Platform Modifications

[134+]

[#] Number of facilities executed (1988 – 2008)22Oct 2009

CAPABILITIESPROJECT MANAGEMENT

PROJECTS EXECUTED BY L&T• Block 5 Development Plan

2005:Package 14 at Qatar for MaerskOil Qatar

• HRC Process Platform

• Enron (British Gas) - TPP Process Deck & Topsides

• Bunduq Gas Re-injection Project at UAE for Bunduq Company Ltd.

• MHS Re-development Phase –II Project

• PS - 2/3 Living Quarters & Power Upgrade at Qatar for Qatar Petroleum

• 9 Well Head Platforms Project

• 4 Well Platforms Project – I(MH – B&S)• Songo-Songo Gas Development and

Power Generation Project at Tanzania for Songas

• N9/N10 Platforms & Pipelines Project

• Vasai East Development Project • NQ Reconstruction Project

• BCP-B2 Booster Compressor Platform Project

• PRP Pipeline Replacement & Modification Project

• MNW Process Platform Project

Oct 2009 23

CAPABILITIESPROJECT MANAGEMENT

PROJECTS EXECUTED BY SAPURACREST (TL Offshore)

• EMEPMI Year 2007 Installation Program for ExxonMobil Exploration and Production Malaysia Inc.

• Block PM3 Development Area for Talisman Malaysia Ltd

• MASA Project for Petronas CarigaliSdn Bhd

• PCSB Year 2007 Installation Programme for Petronas CarigaliSdn Bhd

• Installation of MLNG Dua Offshore Pipelines for Sarawak Shell Bhd

• Ledang Anoa Project for MMHE/ Petronas Carigali Sdn Bhd

• Block PM 305 SAA Project for Talisman Malaysia Ltd

• Transportation and Offshore Installation of Angsi for PetronasCarigali Sdn Bhd

• Champion West Project for Brunei Shell Petroleum

Oct 2009 24

CAPABILITIESOPERATIONS

• Operations group supported by SapuraCrest / TL Offshore

• OIF has ready access to marine spread, assets and resources of SapuraCrest subsidiaries

Oct 2009 25

THELTS 3000

Technical Specifications

Special Features

Facts and Status

Construction Status

Oct 2009 26

LTS 3000TECHNICAL SPECIFICATIONS• Length Over All 161.53 m• Breadth 37.8 m• Depth 15.0 m• Draught 6.20 m• Accommodation 290 persons• Main Crane Capacity 3000 st• Pipelay capacity

• Pipe OD 6” to 60”• Pipe Tensioner 2 x 100 mt

• Azimuth Thrusters 2 x 2400 kW• Bow Tunnel Thrusters 1 x 1250 kW• Maximum Speed 11 knots• Main Diesel Generator 3 x 2600 kW• Mooring System 10 point• Deck Capacity 10t/m2

Oct 2009 27

LTS 3000SPECIAL FEATURES

• Vessel is self propelled, transit speed 11 knots

• DP1 capability, designed for upgradation to DP3 and deep water capability

• Highly fuel efficient • Innovative use of regenerated power• Low Loss Electrical Power generation and distribution concept

• Firing line under clear working deck

Oct 2009 28

LTS 3000FACTS AND STATUS

• Designed by Sea of Solutions BV, Netherlands

• Vessel Construction being executed by ASL Shipyard, Singapore

• Vessel Launched on 30th January, 2009

• Outfitting work is currently under progress

• Scheduled to commence operations by February, 2010

Oct 2009 29

CONSTRUCTION STATUS

Oct 2009 30

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