KREUZ SUBSEA Your Integrated Offshore Subsea Solutions Partner - - PowerPoint PPT Presentation

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KREUZ SUBSEA Your Integrated Offshore Subsea Solutions Partner - - PowerPoint PPT Presentation

KREUZ SUBSEA INTRODUCING KREUZ SUBSEA Your Integrated Offshore Subsea Solutions Partner October 2017 10 Science Centre Road | Block 1, #01-12, Bestway Centre Singapore 609079 | tel +65 6807 0500 | fax +65 6807 0502 enquiry@kreuzsubsea.com


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10 Science Centre Road | Block 1, #01-12, Bestway Centre Singapore 609079 | tel +65 6807 0500 | fax +65 6807 0502 enquiry@kreuzsubsea.com

KREUZ SUBSEA

Your Integrated Offshore Subsea Solutions Partner

INTRODUCING KREUZ SUBSEA

October 2017

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Kreuz Advantage I n t r o d u c i n g K r e u z S u b s e a

Un-paralleled Work History

40,000 dives, 11.5 mill mhours subsea work, 155 projects

Experience our service

We will strive to make a difference and go beyond our best to remain committed, accountable and consistent in delivery of your projects

Since 2008

Head Quarters in Singapore Employs 95 permanent staff

Professionally Managed

Dedicated team and over 25 years

  • f operational

experience.

End-to-end Subsea Solutions

Integrated subsea solutions provider

Differentiating and diversified assets

Owns barges, DP2 vessels, ROVs and portable dive systems

Certified ISO 9001 Company

IMCA member, certified for diving, ROV and marine

  • perations
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Kreuz Subsea today

  • Singapore registered
  • Owned by Private Equity
  • 110 people (staff) + 400 to 450 dedicated contract

personnel

  • annually ~US$ 140M in revenues
  • Three distinct business segments: Subsea Construction,

IRM and SURF

  • Own and operate 5 construction assets, 12 portable

systems & 5 ROVs

  • ISO 9001 Company
  • Professionally managed by people with hard-core
  • perations experience
  • Company follows an integrated management system for

Health, Safety and Environment Protection and Quality Performance

  • a Member of International Marine Contractors Association

(IMCA) for Diving, Remote Systems, ROV Division and Marine Division Honest, ethical and transparent engagement Very flexible organization Diversified and modern assets Company values at the core of every operation Wide experience – SURF projects, brownfield works, Subsea Repairs, Inspection, Repair and Maintenance Repeat Customers

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Timeline

2008 2009

July 2008 Kreuz Subsea established First major project with Reliance / Allseas 5 year IRM Contract with Shell Brunei

2010

July 2010 Listed on Singapore Exchange

2011 2012 2013 2014 2015

Featured as Forbes Asia Pacific’s “Best under a Billion” Top 200 companies First EPCI Contract with Conoco Philips (SURF) Kreuz Installer acquired Three (3) x SURF projects awarded Kreuz Endeavour Ship Building Contract Entry to Middle East Feb 2014 delisted from SGX New Shareholders 7 year IRM Contract with Shell Brunei Launch of Kreuz Endeavour Kreuz Challenger awarded to Vard First SURF Installation

2016 2017

JV agreement with Genesis in Nigeria Cooperation agreement with Halul

  • ffshore in Qatar

Representation with Midad in Saudi Arabia JV with Usaha Nusajaya In Malaysia

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Leadership Team

Ashit Jain

CEO / Director

25 years of leadership experience in global

  • il and gas industry/ previously with various

companies like Harkand, Dynamic Industries International LLC and Global.

Natraj Raman

QHSE Director

35 Years in the O&G with a strong emphasis on Subsea Construction & Inspection, Consultant Diving Specialist & HSE Advisor for oil major/Contract Management expertise.

Sundraj Naidu

Chief Financial Officer

25 years of experience, previous assignments with international banks,

  • PWC. Chartered Accountant and

Master of Applied Finance.

>>> Strong and experienced middle management

and

Balaji Bhashyam

Chief Operating Officer

25 years / previously with various companies like Technip, McDermott, Global, L&T/ Mechanical Engineer and Masters in Project Management.

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Video

http://www.kreuzsubsea.com/video/#nch/505443068

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Service Offering

  • Underwater

inspection, repair and maintenance

  • Stalk-on and flanged risers,
  • tie-in Spools
  • SBM, PLEM / PLET /

Manifold

  • Crossing supports
  • Freespan supports

Construction

  • NDT of Structures & Pipelines
  • Hot Tapping
  • Hyperbaric welding
  • Repairs using connectors /

spools, clamps and strengthening sleeves Subsea Repairs

Inspection, Repair and Maintenance (IRM) Subsea Construction and Installation incl Hyperbaric Welding

  • Construction diving from

client barges

  • Pre-comm Support
  • Accommodation and

Hook-up Support Other Services

  • Flexible Flowlines & Risers
  • Umbilical
  • Cables – Composite & FO
  • Jumpers / Flying Leads
  • SDU / UTA

Subsea Umbilical, Risers and Flowlines (SURF)

  • Decommissioning of
  • ffshore facilities –

platforms, pipelines, FPSOs, SBMs, Decommissioning

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Inspection, Repair and Maintenance (IRM)

Structural integrity Pipeline integrity Asset integrity

6

Continuous years of work performance

Repeat

Contract from oil major

Asset

Higher specification –

  • ne of its kind

Diving & ROV

Certified & core competency

Tooling

Experienced in kinds and makes

Value added services combining rich subsea construction capabilities IRM and light construction DP2 asset purpose built to higher specifications and

  • ne of its kind
  • Offshore platform and SBM: Detailed

Underwater Inspection (DUI)

  • UWILD (Underwater Inspection In Lieu Of

Dry Docking) ABS Class Survey

  • Pipeline Inspection/ Subsea cable/ umbilical

survey

  • Riser / pipeline Leak Survey
  • Seabed Debris Survey and Removal/

Recovery

  • Pipeline/ riser Leak repair using PLIDCO

Clamp and Epoxy Grout Sleeves

  • SBM/ PLEM inspection, repair and

maintenance

  • Freespan Rectification / Correction on

Pipelines

  • Sacrificial Anodes Replacement
  • Anode Skids Installation
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Subsea Construction

200

tie-in spools

120

Stalk-on risers, I- & J- tubes, flanged risers

700

Subsea clamps

1500

Crossing Supports

600

mattresses

100

Structures (PLEM, SSIV, Protection frames, riser guards)

Strong resume displaying high competencies

  • Risers – flanged and stalk-on
  • I- and J- tubes
  • Riser clamps
  • Subsea tie-in spools
  • Concrete mattresses
  • Crossings – pre and post pipeline

installation

  • Free span corrections
  • Structures installation
  • Major installation support – bow string

installation, recovery of subsea launchers and receivers, temporary installation aids, debris removal

Rich experience in brownfield construction Trust us with volumes and we will deliver

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SURF – Subsea Umbilical Risers and Flowlines

South Belut Bawal Manora Cendor Champion Wassana Waterflood SOGT West Desaru Berantai Nong Yao

Flexibles & Cobra Head Flexible Riser

 Major SURF projects in Far East  Owns and operates SURF vessel “Kreuz Installer” - one of its kind in the region.  New Build “Kreuz Endeavour” to add to fleet  One stop solution – combining construction, diving and marine operations strengths  Worked for all majors – Conoco Philips, Petrofac, Shell, Petronas  Handled all products

UTH Installation Inline Tee Uraduct Dynamic risers Umbilicals

Flexibles │Umbilicals │Cables │Flying Leads │Jumpers │Manifolds │PLEM │ PLET │ UTA │Dynamic risers │Moorings │SBMs

SURF Vessel “ Kreuz Installer” SBM Installation

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Subsea Repairs

  • Strong work history of subsea

(diving) construction on brownfield projects

  • Specific competencies and

experience in pipeline repairs and maintenance

  • Knowledge of tooling and

methods

  • Experience of working close to

live assets

2

Hyperbaric Welds

20+

PLIDCO and Grout Clamps

60+

Surface Welding

5

Hot Taps

Various

Subsea connectors and tooling

1

Underwater MOPU legs strengthening

Containment Underwater Welding Above water interventions Flow Diversion Structural Repairs

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Live Assets

Experienced

  • perating close to

live assets

30+

Brownfield Projects

Strong Resume

  • f variety of

subsea projects

Interface Managing

multiple assets, fields, clients

Competent and scaled

to handle a high volume of works

Brownfield Capability

..fantastic result considering weather conditions. Really appreciate the rigour with which the team went through HSSE and marine assurance process ….

Kreuz Subsea has unparalleled experience in brownfield works and provides the following services

  • Retrofit risers, I- / J- tubes
  • Removal and installation of boat landing, riser

guard

  • Riser clamps modification, replacement
  • Conductor guide framing modifications
  • Pipeline crossing and free spans
  • Pipeline tie-in spools
  • Hot tapping
  • Subsea repairs – Platforms, Pipelines and MOPU
  • Underwater welding dry or wet
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Portable Systems Capability

Kreuz Subsea owns and operates

2 x classed Saturation dive systems 8 x surface oriented dive systems in accordance with IMCA standards 3 x classed surface oriented dive systems 2 x work class ROVs 3 x inspection / observation / light work class ROVs

Proven and time tested capability Enviable track record

94 Projects 17 Clients 33 Client vessels 10 Countries

Contractor Member of IMCA

for Diving and Remote systems & ROV Division

ROV Launch Surface Orientated diving from portable system onboard SAT Bell to be launched over the side

In-house competency to maintain the systems

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Assets

1 Delivery Qtr 4 2017 2 Delivery Qtr2 2017

Kreuz Subsea owns and operates a specialised state-of-the-art

  • fleet. Differentiating flagship assets necessary to support service

capabilities

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Kreuz Supporter

  • 8-point mooring (4 x waterfall type double

drum winches, 950m x 42mm wire)

  • 9 x 10 T delta flipper anchors
  • 1400 sqm deck area (15 t/m2)
  • Main Crane 275 MT crawler (47.5m boom)
  • Auxiliary crane 90 MT crawler (42m

boom), manriding

  • 12-men Portable Classed Saturation

diving system / 200m / Compliant HRC

  • 5 x pipeline davits x 30 MT each
  • 149 Accommodation
  • LOA = 96.59m, Breadth = 27.40m and

max draft = 3.18m

Versatile Construction Work Barge for Shallow Water Construction works

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Kreuz Glorious

  • 8-point mooring (4 x waterfall type double

drum winches, 950m x 42mm wire)

  • 9 x 10 T delta flipper anchors
  • 1200 sqm deck area (15 t/m2)
  • Main Crane 250 MT crawler (45.7m boom)
  • Auxiliary crane 60 MT pedestal (30m

boom)

  • 12-men Portable Classed Saturation

diving system / 200m / Compliant HRC

  • 4 x pipeline davits x 35 MT each
  • 308 Accommodation
  • LOA = 113.08m, Breadth = 28.04m and

draft = 4.80m

Versatile Construction Work Barge for Shallow Water Construction and accommodation needs

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Kreuz Installer

Extremely versatile and performing asset – capable to perform construction, diving and SURF works.

  • DP2 Multi Purpose
  • 1700 sqm deck area (10 t/m2)
  • Main Crane 155 MT at 6.5m
  • Auxiliary crane 70te at 10m
  • 16-men single bell SAT (inbuilt) +

SPHL / 300m

  • 3 x moon pools
  • 98 accommodation
  • 8.5 kts speed
  • 10 m3 /day fuel during operation
  • LOA = 129.10m, Breadth = 24.7m and

max draft = 6.0m

DP2 Multipurpose Diving and construction support

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Kreuz Challenger

Diving Support & Construction Vessel DP2 vessel (Vard 3.17 design)

  • DP2 Diving and Construction Support
  • 800 sqm deck area (10 t/m2)
  • 100 MT at 9m
  • 12-men SAT (inbuilt) + SPHL / 300m
  • Surface Orientated system
  • 105 accommodation
  • 15 kts speed
  • LOA = 91.20m, Breadth = 21.50m and max draft = 6.60m

Purpose built to higher specifications and Shell compliant, full IRM vessel one of its kind in Eastern Hemisphere

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Customers

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Projects Landscape

 Repairs to jack up legs while the topsides produced  Drilling to hot tap on a live pipeline  Hyperbaric underwater welding in 140m water depth – believed to be deepest  Ability to handle volumes (50 risers + 300 clamps + 100 spools + 400 crossings + 500 freespans) operating multi vessels to multiple clients  Core competency in Inspection, Repair and Maintenance works – repeat long term project from Shell  Used and operated variety of subsea equipment – every type of connector, repair and inspection methods, range of tooling  Subsea Umbilical, Risers and Flowlines (SURF) projects  Buoy and mooring installations  Inhouse expertise to maintain Dive Equipment  Certified ROV division  Vessel assurance, maintenance and operations by Kreuz  Pre-qualified with all majors

 155 projects since inception in 9 countries  Projects include Subsea Construction, SURF, IRM and Diving Services  Long term work with Shell Brunei  Healthy Customer Feedback

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Quality Management

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HSE as at 31 Jul 2017

2014 2015 2016 YTD 2017 Total Man Hours 1,554,311 1,572,720 1,469,201 827,423 Fatalities Lost Time Injuries

LTI

1 Medical Treatment Injuries

MTC

2 2 8 5 Restricted Work Cases

RWC

First Aid Cases 1 9 4 total recordables 2 3 8 5 Fatal Accident Rate

FAR

0.00 0.00 0.00 0.00 Lost Time Injury Frequecy Rate

LTIFR

0.00 0.64 0.00 0.00 Total Recordable Incident Rate

TRIR

1.29 1.91 5.45 6.04 TRIR (per 200,000 mhr basis) 0.26 0.38 1.09 1.21 Surface Supplied dives 3619 3675 3410 1379 Saturation Dives 867 1223 1653 570 ROV Dives 733 839 726 697

1 per IMCA 100,000,000 basis 2 per IMCA 1,000,000 basis 3 Observations reported through Kreuz Observation Card

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Kreuz Advantage

1) Integrated turnkey solutions and core competencies in IRM, Subsea Construction and SURF works 2) Long term enabling contracts 3) Deep and extended repeat Clientele 4) Positioned to become Contractor of choice 5) Management with strong operational experience 6) Very flexible organization 7) Diversified and modern assets 8) Honest, ethical and transparent engagement 9) Complete range of services – diving from Client asset to executing a full turnkey work involving multiple locations / assets

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Tough and Creative

Thank you

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Going beyond limits