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Subsea 7

Øyvind Mikaelsen 27th of February 2015

2 Page 21-Feb-15

What we do

SURF

Life of Field

Hook-up

Conventional

ROV and Remote

Intervention

Renewables, Heavy Lifting,

Decommissioning

3 Page 21-Feb-15

A global leader

13,000 People 2,000+ Engineers

175 ROVs 39 Vessels + 5 under construction

4 Page 21-Feb-15

The Challenge

We are facing a more challenging environment

• Oil price remains uncertain

• The industry has fallen behind in its ability to handle the growing complexity and cost of finding, developing, and producing hydrocarbons.

• Clients are struggling to balance dividend payments and CAPEX

“Our priority is to work with our clients to reduce project costs and manage risk effectively

through consistent delivery and technology”

5 Page 21-Feb-15

Improved integrity

management

Increased

reliability

Enable challenging

developments

Subsea 7 Value Creation through technology

Lower CAPEX

and OPEX

6 Page 21-Feb-15

Strategic Technology Programmes

Riser Systems

Flowline Systems

Bundles

Subsea Processing

Life of Field

Strategic Technology Programme

700Te

270m

1440Te

• Deeper Water • Improved fatigue performance • Cost efficient solutions • Enhanced thermal performance • High strength steels and composites • Integrity inspection and monitoring

7 Page 21-Feb-15

NSGI pipeline

to Nyhamna

Fiber Optic Cable to Norne 140km

Haklang

Luva

Snefrid

6106m

7134m

4956m

3682m

1.300m

water depth

4 slot Luva Template

4 slot Haklang Template

1 slot Snefrid Satelite structure

Mooring Lines 4 off Steel Cantenary Risers

Umbilical Riser Base Static Umbilical

Static Umbilical Static Umbilical

Dynamic Umbilical

Jumper

2 production flowlines

1 production flowline

1 production flowline

SPAR platform

Statoil, Aasta Hansteen

8 Page 21-Feb-15

Strategic Technology Programmes

Riser Systems

Flowline Systems

Bundles

Subsea Processing

Life of Field

Strategic Technology Programme

• Longer tie-backs • Enhanced thermal performance • Optimum flow performance • Active heating systems • Cold flow • More cost efficient solutions • Continuous health monitoring

9 Page 21-Feb-15

Strategic Technology Programmes

Riser Systems

Flowline Systems

Bundles

Subsea Processing

Life of Field

Strategic Technology Programme

• Active monitoring • Increased pressure and temperature ratings • Deeper water • Increased length • Integrated process modules

10 Page 21-Feb-15

BG Knarr

11 Page 21-Feb-15

Strategic Technology Programmes

Riser Systems

Flowline Systems

Bundles

Subsea Processing

Life of Field

Strategic Technology Programme

• Integration of subsea processing, power distribution

and flowline systems • Overall field architecture • Modularisation and installation • Intervention and maintenance

12 Page 21-Feb-15

Strategic Technology Programmes

Riser Systems

Flowline Systems

Bundles

Subsea Processing

Life of Field

Strategic Technology Programme

• Autonomous vehicles • Integrity and systems monitoring • Inspection systems and techniques • Remote intervention and repair systems • Data management

13 Page 21-Feb-15

Achievement record 1984 - 2014

Operational in Australian/New Zealand waters for the past 30 years

14 Page 21-Feb-15

Based at 66 St Georges Terrace in Perth Subsea 7 provides the local client base with

Engineering

Project Management & Operations

HSEQ management

Project Control Services

Legal & Contracts

SCM & Logistics

Drafting & Structural design Services

Subsea 7 Australia

Our Permanent, dedicated Australian team delivers world-scale projects

15 Page 21-Feb-15

The way we work

16 Page 21-Feb-15

Recent Achievements

20 Subsea Structures and Foundations up to 1000 te

17 Page 21-Feb-15

Gorgon Heavy lift spools & structures - Perspective

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