SALVAGE/WRECK REMOVAL OF OFFSHORE UNITS
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1 SALVAGE/WRECK REMOVAL OF OFFSHORE UNITS ISU ASSOCIATE MEMBERS DAY LONDON (UK) 16 MARCH,
2 CHEK LAP KOK AIRPORT
3 BOSKALIS DIVISIONS 3
4 MARKETS/ CLIENTS Harbour Towage Towage Dredging & Infra / Offshore Energy SALVAGE Terminal Towage Emergency Response Wreck Removal Prevention and Preparedness Ship owners Cargo vessels, Rigs, drill ships MARKETS/CLIENTS Terminal Operators Vessel management companies Port Authorities Petro chemical, Mineral, LNG Terminals Fleet management companies Port Authorities Insurance companies H&M Underwriters P&I Clubs, 4
5 5
6 SALVAGE OF OFFSHORE UNITS 6
7 OFFSHORE UNITS BEING SALVED 7
8 FIXED OR FLOATING 8
9 DRILLING OR PRODUCTION 9
10 SURFACE, SUBSEA OR RESERVOIR 10
11 NEW TERRITORY? 11
12 RISKS 12
13 FOCUS ON CERTAINTY ELIMINATING RISK Concept/ Design Lessons learned CES Operating Class / Flag Build / commission HSE / Norsok Client 13
14 14
15 15
16 REVENUE 16
17 REPUTATION KULLUK 17
18 REPUTATION DEEPWATER HORIZON 18
19 19
20 NINA SAFETY PROGRAM COMPANY WIDE SERIOUS PROGRESS MADE OVER THE LAST 5 YEARS FOCUS ON BEHAVIORAL SAFETY Accident/incident rates Safety hardware Safety procedures Time Behavioral safety 20
21 WORKING IN OFFSHORE FIELDS WHAT MAKES IT COMPLEX Safety different approach, same goal Procedures vs behavior (NINA) Pressure on production Liability insurance vs self insured Liability regime Field operator Field owner 1 st tier contractor Regulating authorities Non oilfield vendors 21
22 WORKING IN OFFSHORE FIELDS WHAT MAKES IT DIFFERENT Controlled and regulated environment Salvage plan vs Project Execution Plan Level 0 or 1 planning vs Level 4 Joint experience vs management of change Opinion vs review cycles and decision tree Recognising professionalism and finding common ground 22
23 CONTRACTOR AND VENDOR SUPPLY CHAIN RISKS 23
24 SMIT PHYLOSOPHY COMMITTED TO THE SUCCES OF OUR CLIENTS Client s business environment Best in class Transparency Own, trained-up and skilled personnel is our backbone Partner and sub-contractor development Safe and Sound 24
25 EXPERIENCED PROFESSIONALS 25
26 OPERATING STANDARDS CLIENTS BUSINESS ENVIRONMENT Expected O&G standard Oil major specific requirements Interface site / local office and head offices Partner and sub-contractor development -safety & quality systems -registration & documentation -practical & experience (trust me) vs analytical & evidence (show me involve me) -aware of what is at stake Do it safely or not at all 26
27 JACK-UP & SEMI S TRACK RECORD Alexander Kielland Sedco 251 Mexico II Rigs to reefs AD 19 Rowan Houston Hurricane victims 2005 onwards NDT Ensco 74 Brent Alpha Decommissioning studies DWH recovery FEED YME removal FEED Ayatsil / Asgard B / Siri FEED / Carigali 27 27
28 OFFSHORE TRACK RECORD (since 09) OILFIELD & TERMINAL WORK Rummailah Troll Solution Perro Negro 6 Danielle Nicole Transocean Marinalas Ensco 74 Noble David Tinsley Trident 17 Raissa Noble Regina Allen Kulluk Noble Paul Romano Sep Orion 28
29 P-36 NO ALIGNMENT / PRIORITISATION IN SHORT Fire & Explosion March Fatalities Inadequate contingency plans and inadequate training for dealing with emergency ballast and stability control situations. Consultancy agreement Logistics to and on site Command structure Vital time lost Rig sank to meters Construction cost: US$ 350 mio Largest claim on the London market (pre CC) 29 29
30 THUNDER HORSE DECISION MAKER DECIDES NO LONGER IN SHORT Unit in the process of being installed Listing after hurricane Dennis, July 2005 Ballast system failure Uncordinated initial response Lloyds Open Form contract awarded Unit stabilised and on even keel within 36 hours Construction cost > US$ 1 billion Damage to subsea field infrastructure prevented 30 30
31 DEEPWATER HORIZON NOWHERE TO HIDE IN SHORT Fire & Explosion, April Fatalities Initial response uncoordinated Lloyds Open Form contract awarded Construction cost US$ 750 mio Unlimited liability 31 31
32 NOBLE REGINA ALLEN JACK-UP RIG Undergoing upgrade at Jurong Shipyard, Singapore suffered a mechanical failure on the jacking system of its bow leg during pre-load testing 18 degrees list All 950 workers on board were safely evacuated; Yard, Owners, Class, Ministry of Labour, Singapore Inc. 32
33 DANIELLE NICOLE 33
34 PERRO NEGRO 6 34
35 TROLL SOLUTION PEMEX CAAN A 35
36 RUMAILAH 36
37 WORKING IN OFFSHORE FIELDS WHAT MAKES IT DIFFERENT Prevailing regime (safety, quality, verification. liabilities) Pressure on production Parties involved / Reputation 37
38 SALVAGE OF OFFSHORE UNITS? 38
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