energy digital - september 2015

Oil Stocks to Buy Today

www.energydigital.comSeptember 2015

Can OIL & WATER really mix?

CHRIS BALL Leading with Integrity

Distribuidora de Electricidad DelsurMORE POWER FOR EL SALVADOR

SPECIAL REPORT

I T S N O S E C R E T T H AT the continuous fluctuation of oil prices has caused quite a panic across the stock market and global commodity prices everywhere but there is a silver lining to this commodity cloud: many stock prices are at an all-time lowand investors should take advantage.

In this months Top 10, we reveal 10 energy stocks to buy today. Each has seen a high percentage return over the past few months, and each has at least one industry-impacting project either in the works on or the horizonnot to mention what may be the lowest open price the market will likely see for quite some time.

This months issue also features a profile on TGOOD Australias new CEO Chris Ball, the leader with a focus on integrity, as well as a piece from ProSep CTO John Sabey on the potential for Californias oil and gas sector to provide a partial solution to the states ongoing water problems. Maybe oil and water do mix!

Enjoy the issue!

Jennifer WhiteDirector of Content, WDM Group

[email protected]

Stocks are beginning to reach the equivalent value of their commodity counterparts. That means that opportunities are beginning to emerge in stocks

that rely upon their underlying commodity prices Daniel Dicker for TheStreet.com

D I R E C T O R S C O M M E N T

3

4 S e p t e m b e r 2 0 1 5

FeaturesCONTENTS

Energy Stocks To Buy Today12

6

20

LEADERS

CEO Profile: Leading With Integrity, Chris Ball

Water, Water, Everywhere!

TOP10RENEWABLES

Company Profiles

5

MIDDLE EAST

34 Oman Electricity Transmission Company

AUSTRALIA

44 CIVMEC

64 CWP Renewables

74 Transfield Worley Power Services

BRAZIL

88 Atlantic Energias Renovveis

AMERICA LATINA

100 Distribuidora de Electricidad DELSUR

116 Polaris Infrastructure

44

34

64

74

116

88

100

CIVMEC

Oman Electricity Transmission Company

CWP Renewables

Transfield Worley Power Services

Polaris Infrastructure

Atlantic Energias

Renovveis

Distribuidora de Electricidad DELSUR

6 S e p t e m b e r 2 0 1 5

CEO PROFILE LEADING WITH INTEGRITY

CHRIS BALLThe new visionary behind TGOOD Australia W R ITTE N BY: J E N N I F E R W H ITE

CEO PROFILE

7CEO PROFILE LEADING WITH INTEGRITY

CHRIS BALLThe new visionary behind TGOOD Australia

8 S e p t e m b e r 2 0 1 5

OVER THE NEXT 10 years, it is going to be interesting to see

how major market leaders will

be challenged by new emerging

companies that are allowed to think

differently than the way it has always

been done, said TGOOD Australias

CEO Chris Ball.

Claiming one of the spots as a

major market leader is TGOOD

Global, the No. 1 prefabricated electric

power solutions corporation in the

domestic Chinese market. As part of

its parent company TGOOD Global,

TGOOD Australia is able to provide

customers with the fastest, most cost-

effective power transmission and

distribution solutions in the region.

The company asked Ball to join the

team as TGOOD Australias CEO in

June 2015, an opportunity that was

quite well-timed. As energy industry

continues to grow, the anticipation of

being able to help shape this growth

as a global presence is nothing short

of exciting.

I think we are in the middle of a

major shift in what roles organisations

will perform in the energy industry,

said Ball. Operators, end users,

suppliers and EPCs all make up the

mix of delivering projects; however,

the clearly defined boundaries of

expertise do not exist anymore.

A new path in energy Being offered the position of CEO

at TGOOD Australia also made

sense for the progression of Balls

career within the energy sector:

With an unblemished reputation

and incomparable market reach, the

brand was a natural fit for the leader.

After spending six years in account

management and sales for the food

and beverage industry, Ball joined

Shell Australia, where he was first

introduced to the downstream world

of energy, i.e., the commercial trading

and selling of energy. He then spent

some time at GE Energy as the sales

director for Australia and New Zealand

industrial solutions before joining

Siemens as the national sales lead,

first in the power distribution division

and then in energy management.

But the ambitious executive

wanted more.

I wanted to round-out my industry

and market knowledge by moving to

upstream/project side of the market,

he explained.

TGOOD Australia was the perfect

opportunity.

CEO PROFILE

9According to Ball, every customer deserves to have expectations exceeded, a value that he shares with the TGOOD team

1 0 S e p t e m b e r 2 0 1 5

I have been fortunate enough to have worked with some very talented people who have helped coach and mentor me

CEO PROFILE

1 1

L E A D I N G W I T H I N T E G R I T Y

Global presence at a local level Founded in 2004 by a team of German

and Chinese engineers, TGOOD

Globals rapid expansion within

the mining, energy and exploration

sectors has been a focal point of

the strategic growth plan from the

beginning.

After becoming the first company

listed on the Shenzhen Stock

Exchange in 2009, TGOOD Global

expanded operations to become a

worldwide presence: In 2014, TGOOD

North America was established as a

global engineering centre, with Hong

Kong as a hub for globalisation. By

2015, the corporation placed regional

headquarters in the Middle East,

Africa, Australia, Central Asia and

South America.

Globalisation has always been in

the German-Chinese joint venture

vision; however, the first milestone

was a successful model in a very

competitive Chinese market, Ball

said. The executive board now feels

like that can be expanded.

Taking a customer-centric approach Establishing a presence in these new

territories also aligns with the customer-

centric attitude practiced by both the

corporation as well as Ball himself.

The industry has often seen

different suppliers try to sell from a

global headquarters, but few actually

regionalise their business. TGOOD

Global realised that to move to the

global platform, [we would] need to

regionalise with local companies

and employees, and listen to the

customers on a local level.

According to Ball, every customer

deserves to have expectations

exceeded, a value that he shares with

the TGOOD team, and one that he is

able to expand at an even larger level

in his new role.

I have mostly worked in large

multi-national companies with all of

their varying internal complexities

during that time, I have always been

connected to the customers, and the

main message is always the same:

Customers are looking for quality

suppliers to listen, be responsive and

provide cost-effective equipment that

meets their needs. I believe TGOOD

has the DNA to offer this on a global

and regional platform.

Leading by example In addition to his experience with

1 2 S e p t e m b e r 2 0 1 5

With an unblemished reputation and incomparable market reach, TGOOD Australia was a natural fit for the leader

CEO PROFILE

L E A D I N G W I T H I N T E G R I T Y

1 3

strategic management and power

distribution, Balls approach toward

leadership and fundamental core

values align well with TGOOD

Australias corporate cultureand for

the latter, one stands out among the

rest: integrity.

Without integrity, all the other

values are meaningless. This is very

much consistent with my own values

if you can continue to be good to your

word with employees and customers,

partnerships can flourish, he said.

Generally, I can only inspire people

if I am passionate about something,

Ball continued, and I think people can

only be inspired if there is alignment of

personal and professional values and

beliefs.

As a manager, Ball prides himself on

his ability to adapt leadership styles

based on an employees individual

personality and needsand he is

quick to give credit to those who came

before him.

I have been fortunate enough to have

worked with some very talented people

who have helped coach and mentor me,

support me through tough times, and

work with me and others as a team to

achieve some special results.

Likewise, when asked how his prior

roles helped prepare him for this new

venture, he was quick to give credit

back to this previous experience.

I have a lot of respect for the

companies that I have worked forthey

have their own unique strengths that

they have offered and contributed to

help me prepare for my current role at

TGOOD, he explained.

It is this experience that I continually

try to give back to the people with

whom I work.

What inspires you? I definitely have a goal-oriented approach both personally and professionally, but building something substantial to ensure my family is given a great opportunity in life sits at the core of my daily inspiration.

Who is your role model? I have really taken an interest in both Richard Branson and Elon Musk. Both have very different approaches and represent that one size does not fit all when it comes to building successful ventures.

What book are you currently reading? Personal: Born to RunBusiness: Getting Things Done

Q&A WITH CHRIS BALL

What do you do to unwind?Family time away in the great outdoors is my key to gaining balance in a hectic world. Leaving the world behind and spending quality time with the family helps me keep in touch with whats important and whats not

How Californias oil and gas sector can provide a partial solution

to its water problems

ABOUT TO ENTER its fourth year, the California drought has resulted

in stringent controls on water usage,

to say the least: Governor Jerry

Brown has imposed unprecedented

measures to cut water use by 25

percent across the stateand even

though farmers in the delta of the

Sacramento and San Joaquin rivers

have volunteered extra reductions,

efforts to stave off further mandatory

cuts have failed thus far.

However, as Californias agriculture

sector struggles to reduce its

consumption of water estimated to

be 80 percent of the states total eyes

are turning to Californias other big

producer: the oil and gas industry.

California is not only the biggest

producer of fruits, nuts and vegetables

W R I T T E N B Y : J O H N SA B EY, C H I E F TE C H N I C A L O F F I C E R , PR O S E P

Water, Water EVERYWHERE

1 51 5

in the U.S., the state is also the third

biggest producer of oil in the country,

extracting roughly 200 million barrels

per year. The rock formations that

bear oil in the region also tend to

harbor large volumes of brackish

saltwater. The ratio of water to

oil produced by operators in the

region is, on average, ten to one.

As Chevron recently explained,

the Kern River oilfield neatly

illustrates the situation.

Kern River is the second-

highest producing oilfield in

California; moreover, for every

barrel of oil, the field also produces

around nine barrels of water.

Almost 25 percent of this water

is treated to remove solids as well

as free, dispersed and dissolved

RENEWABLES

1 6 S e p t e m b e r 2 0 1 5

RENEWABLES

hydrocarbons before being used

in enhanced oil recovery (EOR)

applications. Because the Kern River

field tends to produce heavy oil, steam

flooding is used to reduce the crude

viscosity and boost production.

Continuing with the case of the

Kern River oilfield, 75 percent of

the produced water is not required

for further oil extraction, which is

at the lower-end of the range for

oil producers in California (many of

whom often have to dispose of, or

find ways to re-use, up to 99 percent

of their produced water). This,

coupled with recent discussions by

state officials regarding the closure

of nearly 100 disposal wells, will

more than likely push the reuse of

this produced water even further.

Naturally, however, that remaining

water still needs to be treated,

and until now there has been little

economic incentive for operators and

farmers to get together in an effort

to work out a deal for the treated

water: Historically, re-injection

has been cheaper than re-use

given the treatment that is required

even for agricultural purposes.

But that financial equation has not

taken into account a record-breaking

drought, nor does it allow for the

precipitous drop in oil prices, which

have had a heavy impact on the

states producers bottom-line: On

the one hand, farmers need water

to maintain healthy production of

essential crops; on the other, oil

producers are looking for innovative

and cost-effective solutions to boost

their margins. For the most part,

these solutions look at how best to

optimize output from existing wells

or minimize production costs.

But technological advances mean

that there are now solutions available

that make it possible to treat produced

water on a much more cost-effective

basis. Not only does this reduce the

OPEX associated with finding new

Kern River is the second-highest producing oilfield in California; moreover, for every barrel of oil, the field also produces around nine barrels of water

Production is booming in the vast Central California oil fields which rely on secondary recovery techniques (steam and water injection) to bring up the heavy crude.

1 7

W AT E R , W AT E R , E V E R Y W H E R E !

freshwater or disposing of produced

water safely and compliantly, it

could provide oil producers with a

new asset to offer to market: water

that is fit for agricultural purpose.

The numbers add up. Farmers

typically buy fresh water at

approximately 25 cents a barrel. Even

taking into account a lower cost for

recycled water say 18 cents a barrel

it is now possible to perform the

necessary processing for less than

this amount for significant quantities

of produced water, if not all of it.

Even considering initial capital costs,

when the difference is factored up

by several million barrels a day, the

results can be significant both for

the operators and the farmers.

So what treatment is required in

California? Standards for agricultural

use are less stringent, for many

1 8 S e p t e m b e r 2 0 1 5

ProSep has provided preliminary front-end engineering and design concepts for several California reuse applications, many of which require the oil and solids to be removed followed by specific contaminant removal treatment in order to achieve the standards required for agricultural use

components, than for potable

water. The Chevron Kern River

project, for example, had to operate

to the following specifications :

Flow:33.5mgd(dailymaximum)Boron:1.3mg/L(annualaverage)Chloride:200mg/L(annualaverage)Electricalconductivity:940umhos/cm(annualaverage)

Oilandgrease:35mg/L(daily maximum)

Sodium:142mg/L(annualaverage)

Most remaining solids and

hydrocarbons need to be eliminated,

while suspended and dissolved

components such as potassium

chloride and sodium chloride need

to be down to the two- or three-ppm

range. Certain state-regulated

components will also need to be

removed, including, but not limited to

iron, chromium nickel and boron.

Traditional produced water

technologies have a major role to

play. Corrugated plate interceptors,

induced gas floatation units, nutshell

filters, and polishing filters to capture

any residual solids create a fairly

standard method for treating water

RENEWABLES

W AT E R , W AT E R , E V E R Y W H E R E !

1 9

to Californian state regulations for

re-injection. For agricultural use

however, additional treatment is

required: typically reverse osmosis,

ion exchange, or a combination

of the two. Ultrafiltration can also

remove enough particulate to get

the level of total suspended solids to

an acceptable limit. In some cases

with high levels of dissolved solids,

evaporation may also be needed.

ProSep has provided preliminary

front-end engineering and design

concepts for several California reuse

applications, many of which require

the oil and solids to be removed

followed by specific contaminant

removal treatment in order to

achieve the standards required

for agricultural use. The design

and operation of these systems is

fairly simple and inexpensive.

In another application, however,

the total dissolved solids levels

were elevated to a point where the

water had to be evaporated and

condensed to meet the required

standards after removing the oil and

solid contaminants. This particular

case required additional treatment to

remove heavy metals and potentially

toxic contaminant; the resultant

solution is naturally more complex

and costly to operate and maintain.

Due to the large volumes of

produced water generated by E&P

operations, there exists a readily

available source of water to alleviate

some of Californias water woes.

But as illustrated in the examples

above, additional treatment and

monitoring will be required: In some

cases, this is easily achieved yet in

other applications, considerable

expertise and resources are required

to achieve a usable product.

These primary and secondary

separation treatment technologies

are already widely applied in the oil

and gas, and other industries. They

can be customized and packaged

to provide a complete solution for

each operating field. Additional

tertiary treatment technologies

can be incorporated to meet near-

zero discharge limits as needed.

It is not often that the oil and gas

sector gets the chance to present

itself as an environmental steward.

But as Californias agriculture

sector is starting to consider

the possibilities offered by this

previously unused water source, the

opportunity is there to be seized.

TOP10 ENERGY STOCKS TO BUY TODAY

Written by: Jennifer White

The decline in oil prices has caused somewhat of a panic across the market however now may actually be the perfect time to invest.

TOP 10

2 1

It is no secret that oil prices are having a major affect on the global economy.

The commodity that once commanded $110perbarrelin2014justsettledforOctober2015deliveryat$38.85perbarrel, which is 71 cents lower than the month before and significantly lower than the previous year.

The decline in oil prices has caused somewhat of a panic across the market however according to some, things may not be as bad as they seem.

This is precisely what we might have hoped for, as this market collapse does present an enormous opportunity to buy some great oil stocks at bargain prices, explained Daniel Dicker for TheStreet.com.

Stocks are beginning to reach the equivalent value of their commodity counterparts. That means that opportunities are beginning to emerge in stocks that rely upon their underlying commodity prices.

With that in mind, here are 10 stocks that we recommend looking into during this time of panic: Each has seen a high percentage return over the past few months, and each has at least one industry-impacting project either in the works on or the horizonnot to mention what may be the lowest open price the market will likely see for quite some time.

TOP 10

2 2 S e p t e m b e r 2 0 1 5

10 MARATHON PETROLEUM CORPORATION (MPC)Open price:$46

Although Marathon Petroleum Corporation has one of the lower percentage returns on this list (11 percent since May 2015), the 127-year-old company is also one of the most stable.As one of the largest independent petroleum product refining, marketing, retail and transportation businesses in the United States, the company owns and operates seven refineries in the Gulf Coast and Midwest regions and maintains in-house means of product distribution, reducing costs and further ensuring quality control.

E N E R G Y S T O C K S T O B U Y T O D A Y

2 3

09 PIONEER NATURAL RESOURCES COMPANY (PXD)Open price:$ 108

Although the open price is one of the highest on this list, Pioneer Natural Resources is a Fortune 500 company that shows a lot of promise for current and future investors. The Texas-based oil and gas exploration and production company has seen a 29 percent return over the past three months and is heavily involved in the continued development of oil-rich shale plays throughout the state. Specifically, Pioneer is the one of the largest producers in theSpraberry/WolfcampinthePermianBasinandatopoperator at the Eagle Ford Shale. These projects alone give investors a reason to keep Pioneer at the top of the list.

08 SOUTHWESTERN ENERGY COMPANY (SWN)Open price:$ 15

With a low open price and a high amount of potential, Southwestern Energy Company is another stock to consider adding to the portfolio. The company has been in business for more than 80 years and is the fourth largest producer of natural gas in the U.S. today.

Primarily focused on natural gas and crude oil exploration, development and production, the majority of the companys resources are spent on the development of natural gas in the Fayetteville Shale in Arkansas and the Marcellus Shale in Pennsylvania. In addition, investors haveseena44percentreturnoverthepastthreemonths.

TOP 10

2 4 S e p t e m b e r 2 0 1 5

07 CHESAPEAKE ENERGY CORPORATION (CHK)Open price:$6.33

Recently listed as No. 17 on Fortunes list of fastest growing companies by revenue over the past 10 years, Chesapeake Energy is the second-largest producer of natural gas, and the 11th largest producer of oil and natural gas liquids in the United States.

Inarecentpressrelease,CEODougLawlercommented,Despite the [recent downturn in commodity prices], we remain focused on lowering costs and improving operational efficiencies in our portfolio of high-quality assets.And it seems to be working: Chesapeakes stock delivered a 57 percent return over the last three months.


2 5

06 ONEOK, INC (OKE)Open price:$33

ONEOK,Inc.isthesolegeneralpartnerand37.8percentownerofONEOKPartners (NYSE: OKS), which owns a premier natural gas liquids system thatallowstheconnectionofNGLsupplyintheMid-Continent,Permianand Rocky Mountain regions with key markets throughout the country.

According to the companys 2015 SEC file, this partnership allows ONEOK Partners to focus on applying its core capabilities of gathering, processing, fractionating, transporting, storing and marketingnaturalgasandNGLsthroughtherebundlingofservicesacross the energy value chains, primarily through vertical integration, to provide its customers with premium services at lower costs.

ONEOK stocks had a 28 percent return since May 2015.

TOP 10

2 6 S e p t e m b e r 2 0 1 5

05 CABOT OIL & GAS CORPORATION (COG)Open price:$ 22

Also based out of Texas, United States, Cabot Oil & Gas Corporation focuses on the exploration and production of oil andnaturalgas.Experiencing37percentreturnsinceMay2014,the companys proactive planning as to how it would navigate industry ups and downs is proving to be successful.

Notably, the following the points were made outlined by the corporation in its 2015 SEC filing:1. Disciplined Capital Spending Focused on Organic Projects2.LowCostStructure3.ConservativeFinancialPositionandFinancialFlexibilityWith focus like this and numbers that dont lie Cabot Oil & Gas is another stock to look into.


2 7

HELMERICH & PAYNE (HP)Open price:$68

As the largest land driller in the U.S., Helmerich & Payne provides rigs to producers within the oil and gas sector. And although the companys stockshavewitnesseda30percentdecline over the past six months, CEOJohnLindsaywasquicktopoint out the obvious: a rapidly deteriorating energy market. While this is certainly no secretHelmerich & Payne even expects drilling activity and rates for its rigs to continue to declineas anyone who has been monitoring the market can attest, Helmerich & Payne know how to navigate the turmoil: The firm used the last downturn in oil prices to bolster market share from 9 percent in October 2008 to 16percentbytheendof2014.

TOP 10

04

03 FIRST SOLAR, INC. (FSLR)Open price:$46A globally-recognized leader in PV solar systems, First Solars main focus is to provide financially-beneficial and environmentally-sound alternative solutions to electricity generation. The companys integrated power plants utilize advanced technology to maintain at the forefront of the industry. Total return since May 2015 has been 22 percent and the stocks growth doesnt appear to be slowing down anytime soon.

In the companys second quarter financial results, CEO Jim Hughes said: We achieved significant financial and technological milestonesthispastquarterwiththeIPOof8point3EnergyPartnersandanewrecordmoduleconversionefficiencyof18.6percent.Incombinationwithyear-to-datebookingsof1.4GWandfullyear earnings guidance of over three dollars per share, we continue to execute across all elements of our business.


2 9

3 0 S e p t e m b e r 2 0 1 5

02 RANGE RESOURCES CORPORATION (RRC)Open price:$35

An independent oil and gas exploration company based out of Texas, United States, Range Resources Corporation recently released its second quarter financial report, indicating that while total spend for the company was approximately $700 million less than2014,annualproductiongrowthincreased20percent.

TOP 10

Chairman, President and CEO Jeff Ventura commented on the companys performance: Operational results in the second quarter continued to be excellent, as we lowered costs, improved capital efficiencies, exceeded production guidance and achieved great drilling results, especially in the dry gas area.Additionally,thecompanysstockyieldeda43percentreturnin

the last three months, and Range is expanding its portfolio within the ethane market, further hinting that the time to buy may be now.


3 1

TOP 10

3 2 S e p t e m b e r 2 0 1 5

01 CHEVRON (CVX)Open price:$73

Althoughtheglobaloilgiantsearningsdroppedahefty30percentinthefourthquarter2014,itsrefiningoperationwereprofitable,thuscarryingtheweightoflosses felt in other parts of the businessand this is a good sign for investors.While focused on the gamut of power and energy services, Chevron is currently spending billions of dollars each year to replace depleted wells across the globe. According to company reps, the aggressive goal of boosting oil and gas production by 21 percent is right on-track for completion by 2017, as initially predicted. If this is indeed true, the supply-and-demand issue being experienced sector-wide particularly with oil supply may no longer existand investors will more than likely reap the benefits. And even though it is reported that Chevron recently reduced its capital budget and suspended share buybacks, the company has maintained protection of its $1.07-per-share quarterly dividend and has made no indication of changing that fixed rate.

01 CHEVRON (CVX)Open price:$73

Althoughtheglobaloilgiantsearningsdroppedahefty30percentinthefourthquarter2014,itsrefiningoperationwereprofitable,thuscarryingtheweightoflosses felt in other parts of the businessand this is a good sign for investors.While focused on the gamut of power and energy services, Chevron is currently spending billions of dollars each year to replace depleted wells across the globe. According to company reps, the aggressive goal of boosting oil and gas production by 21 percent is right on-track for completion by 2017, as initially predicted. If this is indeed true, the supply-and-demand issue being experienced sector-wide particularly with oil supply may no longer existand investors will more than likely reap the benefits. And even though it is reported that Chevron recently reduced its capital budget and suspended share buybacks, the company has maintained protection of its $1.07-per-share quarterly dividend and has made no indication of changing that fixed rate.


3 3

Energy Digital and WDM Group have no affiliation with any of the companies listed in this article and the information given in this article is for entertainment purposes only and should not be considered as financial advice.

Sources used for this article include: www.forbes.com www.kiplinger.com www.moneywatch.com www.nasdaq.com www.thestreet.com www.wsj.com

Note: All Stock Prices As Of 9/1/2015

Turning Potential Challenges Into OpportunitiesWritten by: Sam Jermy Produced by: Richard Thomas

3 5

Turning Potential Challenges Into OpportunitiesWritten by: Sam Jermy Produced by: Richard Thomas

3 6 S e p t e m b e r 2 0 1 5

OMAN ELECTRICITY TRANSMISSION COMPANY

The firm is investing in its network infrastructure so that it can grow at a similar rate to the countrys economy over the coming years

T he Oman Electricity Transmission Company (OETC) has planned an investment program worth an estimated 750 million Omani Rials (OMR) over the next 15 years, to support its 2030 vision that aims to expand infrastructure to meet increasing customer demand.

As part of the new long-term national planning, the company will complete turnkey engineering, procurement and construction projects as part of the multi-million Rial investment, following on from the OMR100 million invested to enhance operations last year.

Dr Adil Al-Busaidi, Asset Management and Planning Manager at OETC, said: As a company we faced an average of 9 percent growth annually over the last decade and that is a lot of effort in terms of planning. Currently

OETC has invested OMR120 million in infrastructure works to

evacuate the power from the power plants in Ibri and Sohar

M I D D L E E A S T

www.omangr id .com 3 7


we have a load demand of around 5GW and we expect that to be in the range of 16GW in 2030 so investment is essential if we are to provide over three times the existing demand.

Each year we work to increase our capability so we can help deliver more projects, such as the OMR120 million infrastructure works to evacuate the power from the power plants in Ibri and Sohar. Increasing our project delivery capability is essential in order to turn the high demand growth risk into investment opportunities. Basically, we need to engage more contractors, consultants and manufacturers in order to achieve that as well as enhancing our own investment management capabilities.

We used to operate high voltages of 132kV and 220kV but now were embarking on the

Key Personnel Eng Ali Said Al-HadabiCEO

Engineer Ali Al Hadabi has assumed the leadership of Oman Electricity Transmission Company S.A.O.C. since September 2008. During his time, OETC has embarked on a significant capital investment program in the Main Interconnected System, which is the vital lifeline of the Sultanates power infrastructure. He is responsible for power transmission business across the north of Oman and the south of Oman.



constructionof400kVtransmissionsystemassets as it allows us to have more output capacity. As part of our vision we will be busy tocompletethe400KVbackboneforthewhole of Oman. We have a vision to have one 400KVlinkingtheNorthandSouthandtheinterior parts. We will have one strong grid and solid infrastructure appearing over the next few years. We want to support overall growth within the country as best we can.

OETC was established on 1 May 2005 and it is responsible for the building and operating of the transmission network in Oman, and is the licensees under the authority of Government of Oman. It is also in charge of despatching and controlling the overall generation and output of electricity in the country.

OperationsInJanuary2014OETCtookcontrolofthetransmission network in the south of Oman, which had previously been operated by a different system operator. As a result the firm had full control of the countrys electricity transmission and a significant platform to build on.

Eng Ali Al-Hadabi, CEO of Oman Electricity Transmission Company, said: We are also responsible for the international connection to a number of GCC countries and its authorities, this is done through Abu Dhabi in the UAE. Meanwhile we have a number of high-profile corporate customers in Oman connected to

OETC has full control of Omans electricity transmission

Currently we have a load demand of around 5,000 MW and we expect that to be in the range of 16,000 in 2030 so investment is essential if we are to provide over three times the existing demand

Dr Adil Al-Busaidi, Asset Management and Planning Manager at OETC.

4 0 S e p t e m b e r 2 0 1 5


Designing, Tower testing & Manufacturing of Galvanized Lattice type steel structures for Overhead transmission Lines and Telecommunications Towers. EPC construction of Overhead Transmission, Distribution, Substation & underground power cabling works.

T +971 4814 9555. F +971 4885 7819. [email protected] www.gulfjyoti.com

the high voltage network; the major Omani airports, industrial customers such as steel and aluminium factories, and the Oman Petroleum Company to name a few.

Because we are experiencing a lot of growth in OETC and the country as a whole, we need to maintain the same sort of growth in the network to handle the load increase and ensure we all flourish.

OETC has also made sure all IT systems have been upgraded to help drive continuous improvement and support the national controlling and communication link to the national network.

OETC connects a

number of high profile

corporate customers

M I D D L E E A S T



Asset managementAl-Hadabi and Al-Busaidi both stressed the need for new ways to strategically deliver projects, because despite the heavy investment throughout the group, if the assets are not managed correctly then it will not have the desired impact on operations.

Al-Hadabi said: In the last two or three years we have established a strong asset management structure. We do depend on outsourcing a small amount for things like consultants who supervise our work and make sure we carry on looking after the projects that are coming our way.

This new strategy will really help us to see the requirements of all departments and see the lifecycle of our assets. This relates back to our investment program where we are ensuring that there is a sufficient support network in place.

We would also like to emphasise the value we place on our excellent staff and engineers. We take them through rigorous and high-quality training which allows them to look after what we are targeting. We encourage all our engineers to go for extra qualifications and support them; a fulfilled worker is much better equipped to help us achieve our business objectives.

More than 92 percent of the companys employees are Omani nationals and most are trained in multiple disciplines. We want this trend to continue because we believe in the young talent in this country, and hope they will want to work for an employer like OETC. We also want to limit

Dr Adil Al-Busaidi,

Asset Management

and Planning Manager

at OETC.

4 2 S e p t e m b e r 2 0 1 5


the amount of outsource activity to certain niche tasks that physically cannot be done in-house; everything else should be done in-house going forward. With this in mind, staff numbers are expected to increase in the coming years. added Al-Hadabi. OETC has made a successful habit out of building fruitful partner relationships with local service providers and contractors too, and this has further helped maintenance and delivery.

The company management team sees the main challenge going forward as the ongoing efforts to improve the national grid infrastructure. Building a transmission network withhighvoltagesof400KVisasizeablejob, in terms of implementing new overhead

Oman Electricity Transmission

Company Growth over the

last decade

9%

Building a transmission network with high voltages of 400KV is a sizeable job

M I D D L E E A S T



lines, underground cables and evacuating the power from the new generation stations.

While this is being carried out all network corridors need to remain available at all times as it is important OETC maintains a reliable service to the customer with no deviation in quality or availability.

Al-Hadabi concluded: We need to execute all these new lines and substations with minimum to the end users, our valued customers, and this is something we are taking very seriously with the governmental authorities and that is the main challenge I can see, we need to tackle that to get the right corridors and build a service fit for the future.

We are always benchmarking ourselves against the best transmission companies across the world and we try to be constantly challenging ourselves to be the best utilities firm we can be. When we do reports based on our three pillars of reliability, availability and quality we always find the results to be acceptable. But we must not be complacent and stand still.

We have high standards and have put a big level of expectation of ourselves, and we challenge our employees to make sure we deliver on that expectation.

With such commitment to its staff, coupled with significant investment plans, the Oman Electricity Transmission Company looks set to bring about further prosperity for itself and facilitate growth for the countrys economy.

Company Information

I N D U S T RY

Energy

H E A D Q U A RT E R S

Sultanate of Oman

F O U N D E D

2005

E M P L O Y E E S

350

R E V E N U E

92 milliom OMR (2014)

P R O D U C T S /

S E R V I C E S

Owner and operator of

Omans main electricity

transmission network

CivmecGlobal strategy, universal successCEO Pat Tallon discusses Civmecs history of growth, current projects, and plans for the futureWritten by: Sasha Orman Produced by: Bryan Giles

CIVMEC

Established in 2009, Civmec has seen a rapid rise to the top of its game. With a keen business strategy and a multi-disciplinary approach, it has become a leading construction and engineering services provider to Australias booming resources and infrastructure industries. With several major projects under its belt, Civmec is now poised for even further growth at home and on the global stage.

Strategy from the start Civmec has enjoyed growth quarter after quarter, and not by happenstance. Strategy has been built into the company from Day One, starting with location.

When we established this business in 2009, a big component for us was to secure a location at the Australian Marine Complex so we had direct access to the wharf to offer greater transport options for our clients, says Civmec CEO

Civil works site at Marandoo

C O N S T R U C T I O N

www.c ivmec.com.au 4 7

C IVMEC

Pat Tallon. Since constructing a 29,300 square metre manufacturing workshop as a home base at the wharf, Civmec has since expanded to more than 120,000m of prime waterfront land, through the further establishment of a Surface Treatment Facility, Specialist Subsea Facility and Operational Readiness Facility.

But location is just one of three key factors that Civmec attributes to its swift success. Another key is its focus on collaborative partnerships,

whether with clients and employees or valued subcontractors and suppliers like steelmakers BlueScope Steel and Onesteel. We work with them to develop innovative solutions that will increase productivity and ultimately reduce cost, says Tallon. Working closely with clients and suppliers, Civmec creates an invaluable environment of transparency and trust.

We picked the right clients and the right partners, says Tallon.

BlueScope Distribution, XLERPLATE and XLERPLATE LITE are registered trademarks of BlueScope Limited.

BlueScope Distribution9 Bradford Street, Kewdale WA08 6250 1000bluescopedistribution.com.au

MANUFACTURING PROCESSING WAREHOUSING DISTRIBUTION

As the market leading sales and distribution arm of BlueScope Limited, partnering with local businesses to deliver a reliable, Australian made product is our priority.

Our depth of stock available for next day-delivery is unrivalled in WA, and allows us to support our customers facing increasingly constrained delivery schedules. The scale of our operations and warehouse delivers a competitive price and industry leading range.

Having an experienced team of steel professionals working with our customers allows us to deliver supply solutions to combat increasingly competitive landscape of the Australian steel market.

BlueScope Distributions core products and markets: Mild Steel Plate High Tensile Plate Laser Plate Quench & Tempered Plate

Tubular RHS Commercial & ERW Pipe Sheet & Coil Merchant Bar

BlueScope Distribution is proud to be associated with Civmec, providing quality steel products and supply solutions.

PROUD SUPPLY PARTNERS OF CIVMEC

SUPPLIER PROFILE

Since 1915 the steel industry has been an essential part of Australia and its economy. BlueScopes heritage traces back to the very beginning.

Our history has always been in steelmaking - but the future lies in selling Australian innovation, technology and expertise to the booming Asian and global growth markets.

BlueScopes business has been built on the strength of our global partnerships, global networks and global brands.

Our track record of successful global partnerships enables us to prosper in widely diverse markets. In India, we have established a joint venture with the highly respected Tata conglomerate, a joint venture in Saudi Arabia is opening new opportunities in that expanding market, in North America, our 50:50 North Star BlueScope Steel joint venture with Cargill continues to perform strongly, and our joint venture with Nippon Steel - NS BlueScope Coated Products - will open exciting new markets and opportunities in Asia. Equally important are our successful partnerships with our customers. Many of our customers are Fortune 500 companies, and we can help them realise significant savings in the total cost of their buildings by reducing construction schedules. Our global networks are another great BlueScope strength, with more than 100 facilities in 17 countries, employing over 16,000 people serving thousands of customers.



C IVMEC

We grew fast but it is sustainable and with every move into new areaswhether it be location or capabilitywe ensured the business was ready for it.

The right projects Civmec has been involved in an array of ambitious key projects that highlight its interdisciplinary strengths, from metro-based infrastructure in Elizabeth Quay to refractory installation with INPEXs Ichthys Project in Darwin.

Civmecs capabilities are tested even further with progressive projects under current construction like Shells Prelude Floating Liquefied Gas Facility (FLNG). Civmec was awarded a master service order contract by frequent collaborator Technip in August 2014. This is one of the most exciting projects globally as it is the first FLNG project in the world, says Tallon. Our involvement includes the supply, fabrication and testing of subsea components for the development. The main challenge is to deliver these products to the high quality and high specification expected from our client, Technip, and the owner, Shell.

SMP Works on Yandi

Sustaining project

CEO Pat Tallon -

CCIWA Presentation

Every Civmec location is strategic to ensure we are well-positioned to service our clients and the sectors

Pat Tallon, CEO

Esperance Port had a specific remit for suspended (hanging) scaffold on a planned shutdown for the blasting and painting of a conveyor structure over the water. The required scaffold was to be 25m long x 8m wide x 12m high with 5 working platforms both sides and a full dance floor deck top and bottom. We also had to achieve a maximum dead load weight of 400kgs per linear metre, which was impossible with conventional steel scaffolding.

DDue to an approaching deadline there was little time to achieve this.

SMS came to the rescue with 'SCAFFMAN 9 - ALLOY 220 SCAFFOLD SYSTEM'

The result was a set of 3 craneable and light weight scaffolds rated at 450kgs SWL (Medium Duty), which comfortably complied with the dead load weight restrictions whilst allowing major works to be performed based on the working duty required.

TThe craneable engineered design reduced the build by 50% and the dismantling time by 70% resulting in massive time reductions and down time for the conveyor.

SSMS director Mark Welsh said We were set a technical challenge that I knew our Scaffman 9 Alloy 220 system scaffold was perfectly suited to. This is a first in Australia and I am very happy with the result, as is the client. I look forward to taking this concept to a wider field of customers as the benefits are phenomenal!

An Australian First at Esperance Port

Scaffolding Management Services

Ph: 08 6424 801263-67 Division StreetWelshpool WA 6106

Email: [email protected]

www.scaffman.com.au

SCAFFMAN 9 ADVANCED GUARD-RAIL

CIVMEC C O N S T R U C T I O N


Even more recently, Brookfield Multiplex Engineering and Infrastructure Pty Ltd awarded Civmec with the new Perth Stadium Steelwork Package contract, a contract that includes the fabrication and installation of roughly 14,500 tonnes of steelwork for the highly anticipated new Perth Stadium. This project is evidence of how globally competitive Australia can be when it comes to fabrication, while providing client surety of delivery, says Tallon.

Pursuing growth abroad As a key part of its efforts to stay competitive and offer a high level of service, Civmec has been expanding to meet the needs of clients overseas. Civmec growth strategy has always involved expanding overseas when the business was

Esperance Port had a specific remit for suspended (hanging) scaffold on a planned shutdown for the blasting and painting of a conveyor structure over the water. The required scaffold was to be 25m long x 8m wide x 12m high with 5 working platforms both sides and a full dance floor deck top and bottom. We also had to achieve a maximum dead load weight of 400kgs per linear metre, which was impossible with conventional steel scaffolding.

DDue to an approaching deadline there was little time to achieve this.

SMS came to the rescue with 'SCAFFMAN 9 - ALLOY 220 SCAFFOLD SYSTEM'

The result was a set of 3 craneable and light weight scaffolds rated at 450kgs SWL (Medium Duty), which comfortably complied with the dead load weight restrictions whilst allowing major works to be performed based on the working duty required.

TThe craneable engineered design reduced the build by 50% and the dismantling time by 70% resulting in massive time reductions and down time for the conveyor.

SSMS director Mark Welsh said We were set a technical challenge that I knew our Scaffman 9 Alloy 220 system scaffold was perfectly suited to. This is a first in Australia and I am very happy with the result, as is the client. I look forward to taking this concept to a wider field of customers as the benefits are phenomenal!

An Australian First at Esperance Port

Scaffolding Management Services

Ph: 08 6424 801263-67 Division StreetWelshpool WA 6106


www.scaffman.com.au

SCAFFMAN 9 ADVANCED GUARD-RAIL

Scaffolding Management Services was formed in 2001 and has established itself as a professional organisation supplying scaffolding and access services to the Industrial, Mining, and Resource sectors, both onshore and offshore Australia wide. SMS is a privately owned West Australian company, with quality assurance acreditation to AS/NZS ISO 9001:2001. We operate under our own Health, Safety and Environment system which is compliant with AS/NZS 4801.

Since 2001, we have provided our customers with Project Access Management Solutions, with the ability to quickly and effectively introduce specialist equipment and personnel to any site any-where at short notice. SMS have demonstrated our capabilities on numerous projects over the past 14 years with some significant achievements under our corporate belt.

Website: www.scaffman.com.au

SUPPLIER PROFILE SCAFFOLDING MANAGEMENT SERVICES

SUPPORTING AUSTRALIAS BEST WITH THE RIGHT GEAR FOR THE BIG JOBS

134040OUR KNOWLEDGEYOUR CHOICE

Onsite Rental Group congratulates Civmec on being awarded Company of the Year by Subsea Energy Australia. And just quietly, were stoked that Civmec has chosen us to be their sole equipment rental solutions provider and we support the shared growth of our businesses.

onsite.com.au



ready, says Tallon. We have been successful in making Civmec competitive here so naturally we want to ensure the expansion overseas provides the same result.

To help in ensuring a smooth and successful expansion plan, Civmec has looked to smart strategic partnerships with synergistic businesses like Technip.

Through various projects including Prelude and the Wheatstone spool package, we have developed a strong working relationship with Technip, says Tallon, noting that acquisition of Technips Indonesian subsidiary PT Global Industries is currently in the due diligence phase. If complete, this acquisition will strengthen our working relationship and offer Civmec further opportunities to work with Technip on projects Henderson workshop

SUPPORTING AUSTRALIAS BEST WITH THE RIGHT GEAR FOR THE BIG JOBS

134040OUR KNOWLEDGEYOUR CHOICE

Onsite Rental Group congratulates Civmec on being awarded Company of the Year by Subsea Energy Australia. And just quietly, were stoked that Civmec has chosen us to be their sole equipment rental solutions provider and we support the shared growth of our businesses.

onsite.com.au

Our Knowledge, Your Choice is the tagline that sums up Onsites philosophy. Onsite employs product specialists for every product in every region of Australia to offer expert advice on equipment application (Our Knowledge).

Onsite also remains 100% independent of equipment manufacturers so our product specialists are free to offer unbiased advice on the right product for your project or application (Your Choice).

Our Knowledge Your Choice underpins every aspect of Onsites business.

Website: www.onsite.com.au

SUPPLIER PROFILEONSITE RENTAL GROUP

Air, Sea and Road freight Specialists in Project and Out of Gauge Cargo Trade consulting and Tari advice Cargo packaging, handling and transport options Australian Customs and Quarantine regulations Import and Export transactions

EDI International Freight Management Pty Ltd is a proudly Australian owned international freight forwarder and customs clearing house with oces and agents throughout all Australian ports. We work alongside competent partners throughout all major trade lanes worldwide.

You Can Count on Our Strengths in Service Excellence and Uncompromising Quality.

Telephone : +61 8 6323 1760 | Email : [email protected]

www.onesteelmetalcentre.com

STRUCTURAL TUBULAR BAR PLATE COLUMNS CHANNELS ANGLES REINFORCING PROCESSING

Proudly supplying Civmec projects

Can you provide a total steel solution to simplify my steel projects from start to finish?

we can.OneSteel Metalcentre is Australias only truly integrated steel supplier. With the support and stability of Arrium Mining and Materials and a nationwide branch network, we are uniquely positioned in every city and region to provide products and services to a wide range of market segments including mining, engineering, construction and manufacturing. Combine this with our project management, technical expertise and the ability to seamlessly access processing and finishing resources as required, youre partnering with a business that aims to understand, make it easier and deliver.

Nammuldi Below Water Table (Rio Tinto, WA)

Yandi Sustaining Project (Rio Tinto, WA)

Mungari Gold Project (La Mancha Resources, WA)

Finucane Island Blending Yards (BHP Billiton, WA)

Marandoo Expansion (Rio Tinto, WA)

Hope Downs 4 Expansion (Rio Tinto, WA)

Finucane Island Expansion (BHP Billiton, WA)

Gorgon Downstream LNG (Chevron, WA)

Yes,

Perth08 9418 9877

OneSteel Metalcentre Perth 1 Howson Way, Bibra Lake



worldwideas well as giving us the opportunity to expand our offering to other clients globally.

Increasing growth domestically While Civmec has turned its sights overseas, cementing opportunities in Australia is as high a priority as ever. To maximise its domestic growth strategy, Civmec recently opened

new offices in Sydney and Gladstone. According to Tallon, the Sydney

office will allow Civmec to further pursue infrastructure projects along the Eastern Seaboard, sustaining capital and maintenance opportunities in the mining and oil and gas sectors, and defence work through Civmec DLG, an incorporation in conjunction with

Civmec Henderson, WA

5 8 S e p t e m b e r 2 0 1 5

CIVMEC

local Indigenous company David Liddiard Group. While initially taking a short-term lease at Gladstone, this will allow Civmec to deliver maintenance and refractory projects within the region to leverage off already delivered and ongoing projects in the area to ensure the Gladstone site becomes a permanent strategic location .

Every Civmec location is strategic to ensure we are well-positioned to service our clients and the sectors, says Tallon. The offices in Sydney and Gladstone feed into our growth

Aerial view of Civmec facilities in Henderson

SERVICE &MAINTENANCE

24/7

Specialised HVAC mining services Industrial, commercial & retail air

conditioning & mechanical services After sales service & breakdown Planned preventative and tailored

maintenance programs Plant refurbishment works Capital equipment upgrades New project construction works

AIRCOR Mechanical Services are a wholly owned Western Australian company specialising in all aspects of the air conditioning and mechanical services industry with a reputation for providing quality and excellence.

U2 , 16 Jacquard Way, Port Kennedy WA 6172Office: (08) 9591 6444 / Fax: (08) 9524 6922


When Quality & Service Matter

w w w . a i r c o r . c o m . a u



C IVMEC

Accropodes for Wheatstone project

strategy as we look to expand our geographic footprint nationally.

The multi-disciplined Civmec difference The traits that set Civmec apart from the competition are the same traits that are considered at Civmec to be true points of pride for the company.

Our main differentiator is our multi-disciplined service offering, where we are able to apply our ever-expanding capabilities across sectors, says Tallon. Additionally, we pride ourselves on our ability to treat all partieswhether client, subcontractor, supplier or employeeas stakeholders. This stakeholder state of mind extends to Civmec operating on an open door policy of transparency and honesty, ensuring that

We have identified many infrastructure opportunities all across Australia and we are targeting to win

Pat Tallon, CEO

Welding super duplex LNG piping



C IVMEC

clients and employees have access to senior management.

Civmecs commitment to continually reinvest in its capabilities is a principle that applies to its people as much as its technology. At Civmec, we really foster personal and professional growth, says Tallon. My philosophy when it comes to people management is to challenge people to be innovative and give them the direction and freedom to realise their true potential.

Of course there is also the smart logistics of its geographical positioningall means to better serve clients. Our strategic location at the Australian Marine Complex provides direct access to the wharf, notes Tallon. Combined with our various other strategic locations, this enables us to mobilise to site faster which gives Civmec a competitive

edge.

Building and moving forward Civmec already has a strong history of growth, but that growth is far from over. Moving into the future, Civmec has designs for multiple development paths.

A large focus for Civmec moving forward is to increase our market share in the Infrastructure and Subsea sectors, says Tallon, citing a desire to maintain the momentum it has established through its recent and ongoing projects. We have identified many infrastructure opportunities all across Australia and we are targeting to win.

Further growth in the Subsea sector will be facilitated through Civmecs recently completed Specialist Subsea Facility in Henderson, which will help the company meet a rising demand for

The future looks bright as we grow our geographic footprint and continue delivering vertical packages thanks to our multi-disciplinary, ever-expanding capabilities Pat Tallon, CEO

6 2 S e p t e m b e r 2 0 1 5

CIVMEC

Gorgon Wharf Construction Caissons



C IVMEC

ability to work with exotic materials and subsea manufacture. With involvement on Gorgon, Wheatstone and Ichthys with clients such as Technip, FMC Technologies and GE, we hope to grow this business and our reputation for delivering high quality subsea structures to the oil and gas industry, says Tallon.

In any discipline, Civmec understands that the most significant key to growth is the relationships that it cultivates. Civmec continue building strong working relationships with clients to ensure ongoing works, says Tallon. The future looks bright as we grow our geographic footprint and continue delivering vertical packages thanks to our multi-disciplinary, ever-expanding capabilities.

Company Information

I N D U S T RY

Construction

and engineering

modularization


16 Nautical Drive

Henderson

WA, Australia

6166

F O U N D E D

2009

E M P L O Y E E S

1500 approx

R E V E N U E

$430 Million

P R O D U C T S /

S E R V I C E S

Construction

CWP RenewablesSuccess in a changing environmentAt the forefront of renewable energy development, CWP Renewables have made their mark Written by: Eric Harding Produced by: Vince Kielty

6 5

CWP RenewablesSuccess in a changing environmentAt the forefront of renewable energy development, CWP Renewables have made their mark Written by: Eric Harding Produced by: Vince Kielty

6 6 S e p t e m b e r 2 0 1 5

CWP RENEWABLES

After building landmark projects in Europe, Continental Wind Partners came to Australia in 2008 where it partnered with Wind Prospect and created CWP Renewables. With over two decades of renewable energy development experience from 3,500 MW of installed capacity across 10 countries, CWP Renewables brings world-class renewable energy development expertise to Australia.

The company has developed a substantial wind energy portfolio throughout NSW, complimented by a fresh expansion into medium to large scale solar in NSW and Queensland. CWP Renewables

development strengths lie in excellent stakeholder relationships and well sited projects.

Migration From Europe Before entering the Australian industry, Continental Wind Partners was established in Europe in 2006, specializing in wind and solar development in the new EU countries such as Poland, Romania and Bulgaria. In 2012 came the completion of the Fantanele Wind Farm, the companys flagship project valued at 1.3 billion, the largest ever private investment in Romania and Europes largest wind farm development.

We initially focused on Eastern

Bombala blade display-students of Bombala primary and secondary

schools joined wind farm staff in Bombala to get up close to a 48 metre

long blade on its way from the Port of Eden to Boco Rock Wind Farm

E N E R G Y D I G I TA L

w w w. c w p re n e w a b l e s . c o m . a u 6 7

CWP RENEWABLES

Turbine components for Boco Rock Wind Farms 67 turbines travelled

179 km from the Port of Eden to the project site

European countries, where we saw a good opportunity to bring renewable energy into the mix, said Alex Hewitt, CWP Renewables Managing Director and co-founder of Continental Wind Partners. These countries had recently become aligned with European renewable energy legislation. The time was right and we responded - we founded the company, built a team and established a network of offices across the region.

We raised capital from a mixture of funds and individual investors, and embarked on the development of a wind portfolio in that region. Within 20 months we had started construction of our first wind farm

We have a close-knit dynamic team at CWP Renewables, and our biggest strength lies in our strong communication and team work Alex Hewitt, Managing Director

CWP RENEWABLES

Telecommunications and broadcasting impact studies TV/Radio Field Surveys and interference investigations Design of project radio links

Lawrence Derrick & AssociatesCONSULTING SERVICES FOR WIND FARMS

4 Gilmour Road, Camberwell, Vic 3124Phone: 03 9889 3443 | Fax: 03 9889 1587


Radio Licencing Engineering Consultants&

ADVICE | TRANSACTIONS | DISPUTESDomestic & Cross Border

www.tglaw.com.au Sydney | Melbourne | Brisbane | Adelaide

For further information, or to find out more about our recent wind farm development work, please contact:

David Beer I Partner +61 8 8236 11250403 069 827 [email protected]

Chris Kelly I Senior Associate+61 8 8236 1169 0402 883 848 [email protected]

THOMSON GEER IS PROUD TO HAVE WORKED WITH CWP RENEWABLES ON THE BOCO ROCK WIND FARM DEVELOPMENT.

Thomson Geer is a large Australian law firm providing legal advice across all legal areas to corporate Australia including Corporate/M&A, Construction, Dispute Resolution, Energy and Resources, Property, Superannuation, Telecommunications and Employment.

Boco Rock Wind Farm: Delivering Energy. Powering Communities. Closer to home, Boco Rock Wind Farm in southern NSW is the companys first completed Australian project and a testament to the companys development and asset management expertise. The 113MW project was developed by the companys Newcastle based office from 2008. The same team then saw the project through financing and construction before

delivering the fully operational wind farm in January 2015.

CWP Renewables, working with GE and ANZ, successfully financed the project for $360 million, bringing together a lending consortium of five banks, and the Electricity Generating Public Company Limited (EGCO) through the sale of equity. Boco Rock enabled EGCO to expand its renewable portfolio and enter the Australian market. In 2014 the project won Wind Finance Deal of the Year for the Asia-Pacific



CWP RENEWABLES

region by Project Finance Magazine in recognition of the complexity of the financing in what was a challenging time.

CWP Renewables retained the role of asset management of the project, and oversaw the GE/Downer construction consortium through construction and then through operations. The companys dedication, tenacity and innovative problem solving saw the project successfully constructed ahead of schedule, with positive outcomes for all stakeholders. The hard work that went into maintaining a social license to operate was recognised by the Clean Energy Council when the peak industry body awarded CWP Renewables the 2014 Community Engagement Award for their work at Boco Rock Wind Farm.

Its a project were very proud of and more importantly so are the local community said Hewitt.

Weve got a dynamic team, who confidently met the challenges of developing, financing, constructing and operating Boco Rock Wind Farm. And were ready to do it all again.

Weve got another four projects in the pipeline, and with renewed bipartisan support for the Renewable Energy Target, were getting on with the job of making them a reality. Were eager to start financing the next project within 6 months.

Sapphire Wind Farm At the top of the companys list is Sapphire Wind Farm, a 320 MW project in the Northern

Turbine installation at

Taralga Wind Farm

Weve had a very successful run because our development team work hard to genuinely engage and consult with the community Alex Hewitt, CWP Renewables managing director

Boco Rock Wind Farm



CWP RENEWABLES

Tablelands of NSW.Sapphire Wind Farm is a fantastic project

with a lot of potential. We are also planning to incorporate solar and potentially pumped hydro within the project. Its fully approved and our team is now talking to investors, said Hewitt.

The companys other projects; Crudine Ridge Wind Farm, Bango Wind Farm and Uungula Wind Farm, are also waiting in the wings.

We develop great projects, and were looking forward to steadily rolling them out over the coming years, said Hewitt.

The CWP Renewables team Hewitt believes success comes from having the right people that can work cohesively as a unit and CWP Renewables has that A team.

We have a close-knit dynamic team at CWP Renewables, and our biggest strength lies in our strong communication and team work, said Hewitt. We work on a common platform and collaborate to solve problems, develop innovative solutions and work to our strengths. Our managers mentor and nurture new employees, and drive ownership and confidence.

Were a responsive and adaptive team as well. While the last 18 months saw a freeze in the large scale wind energy market, we took the opportunity to effectively expand into asset management operations and large scale solar development, said Hewitt.

More than 1000 people

turned out to meet

staff and tour the wind

farm at Boco Rocks

Community Open Day

held in November 2014

Alex Hewitt and Ed

Mounsey celebrate as

CWP Renewables wins the

Clean Energy Councils

Community Engagement

Award in 2014

7 2 S e p t e m b e r 2 0 1 5

CWP RENEWABLES

Collaborating for success CWP has also excelled in creating a good relationship with its supply chain, which Hewitt believes is a basic principal of a good business.

We like to engage our key suppliers early in the process, said Hewitt. They have a lot to contribute to project design and efficiency, particularly the turbine manufacturers and construction contractors. It makes sense to engage them early to use their experience and knowledge, and that goes for every market.

CWP Renewables isnt just

another face in the crowd of the renewable energy industry. The company separates itself from its competitors by working very closely with the communities it does business in, placing an emphasis on stakeholder engagement and building a strong social license to operate.

Weve had a very successful run because our development team work hard to genuinely engage and consult with the community, said Hewitt. We strive to deliver projects that are well-liked by the local community and a wide range of

CWP asset manages Taralga Wind Farm



CWP RENEWABLES

project stakeholders, and weve managed to build a great track record with that.

Looking to the future One of the aspects that excites Hewitt most is that the renewable energy industry is still relatively new and fragmented. Although CWP Renewables is classified as a mid-sized developer, it has seen massive growth over the years, and continues to adjust and seek out new opportunities.

CWP has expanded into Asia during the last 18 months and is looking to create a large portfolio of mixed renewable energy generation, combining wind and large-scale solar power as well as small to mid-size diesel replacement initiatives.

The company has opened an office in the Indonesian capital Jakarta, while also entering a joint venture to build a significant wind farm portfolio across Indonesia. CWP is also establishing relationships and screening potential projects in the Philippines.

The last 18 months have been a difficult time for our business and the entire sector in Australia, Hewitt explained.

But while Australia has slowed down, weve expanded into Asia and have started building tremendous opportunities over there. The demand for electricity and in particular renewable energy in the SE Asian countries is huge.

We have an exciting future ahead of us both in Australia and abroad.

Company Information

I N D U S T RY

Energy


Floor 6, 45 Hunter

Street

Newcastle, NSW,

Australia, 2300

F O U N D E D

2008

P R O D U C T S /

S E R V I C E S

Renewable Energy

Transfield Worley Power ServicesThe leader in power generation With experience covering over 10,000 megawatts across 43 sites, TWPS is the largest independent operations and asset services provider to the power generation market in AustraliaWritten by: Stephanie C. Ocano Produced by: Bryan Giles

7 6 S e p t e m b e r 2 0 1 5

TRANSFIELD WORLEY POWER SERVICES

Since its establishment in 2004 as a specialist provider of operations and asset services to the power generation sector in Australia, Transfield Worley Power Services (TWPS) has led the industry with innovation, expertise and skill.

Working for large-scale utility owners, project developers, institutional investors, private equity firms, mining and oil and gas owners that require power generation for remote facilities, TWPS continues to support the needs of clients such as AGL, Synergy, Genesis Energy, and BHP Billiton to deliver energy safely,

efficiently, and cost effectively. In a recent interview, David Taylor,

Executive Manager of Strategy and Development at TWPS, discussed the companys expansion into New Zealand and Southeast Asia, the art of customer attraction and retention, and how one company continues to lead the provision of operations and asset services to the power generation sector.

Q. How has TWPS managed to remain a leading force and what separates it from the competition?

Collie Power Station

E N E R G Y

w w w. t w p s . c o m . a u 7 7


Kemerton Power Station

The two key things that make TWPS so different from everyone else are definitely safety and innovation. TWPS has a very strong track record, particularly in the improvement of safety outcomes over the last three years, and is now leading the power industry sector.

The second key factor is the innovation that is shown by everyone throughout the organization, and the ability to develop new solutions and approaches that either enhance safety, increase productivity or deliver cost savings to our clients.

Q. What is the relationship between TWPS and its parent companies Transfield Services and WorleyParsons? TWPS is a fully-incorporated company with both of those companies each owning 50 per cent of

When we need some support, it is great to have [Transfield Services and WorleyParsons] standing behind us David Taylor, Executive Manager of Strategy and Development

Hot or cold vulcanising of conveyor belts Rubber lining and pulley lagging Installation of all conveyor products provided Breakdown service for all conveyor and belt repairs Conveyor condition auditing and reporting Hiring of Sanki conveyors

TMH employs a team of highly skilled conveyor technicians and provides a 24/7 service covering:

All types of conveyor belting, smooth or chevron, rubber or PVC Mechanical belt fasteners Bucket elevators and their components Belt cleaners, belt positioners, belt trackers and impact beds Conveyor pulleys, idlers, rollers and frames Sanki conveyors Powered roller and gravity conveyors

Our conveyor products offered include:

TMH is based in Perth and Bunbury, employs over 26 personnel and has been established in Western Australia for over 25 years. TMH is considered a specialist in the conveyor industry, providing market leading conveyor products and a 24/7 service for installation and ongoing maintenance.

INDUSTRIES COVERED:

MINING AND QUARRYINGAGRICULTURE AND FOOD

WASTE RECYCLINGRESOURCE RECOVERY

LOGISTICS/AIRPORTPRPRINTING

POWER STATIONS

T.M.H. Total Materials Handling Pty Ltd228 Collier Road, Bayswater6053, Western Australia

Tel: 08 9370 5577Fax: 08 9272 6488Email: [email protected]

Enquiries 08 9370 5577

www.tmh.net.au


w w w. t w p s . c o m . a u 7 9

the business. We have a board of directors comprising representatives from both WorleyParsons and Transfield Services, and an executive management team responsible for the management of the business

We -regularly engage with our shareholderswhether it be from a strategic perspective, a business development and marketing perspective, or from an operational execution perspective. Our ability to draw on the depth of expertise and resources of both of the shareholders as required enables us to mobilize to sites quickly and

access world class expertise in power generation.

WorleyParsons has worked on over 190,000 megawatts of power generation around the world, so we have access to that global expertise. With Transfield Services, we leverage their systems for delivery and resources in three countries around the world.

When we do need support, it is great to have those two large companies standing behind us, and this also provides comfort for our clients

Hot or cold vulcanising of conveyor belts Rubber lining and pulley lagging Installation of all conveyor products provided Breakdown service for all conveyor and belt repairs Conveyor condition auditing and reporting Hiring of Sanki conveyors

TMH employs a team of highly skilled conveyor technicians and provides a 24/7 service covering:

All types of conveyor belting, smooth or chevron, rubber or PVC Mechanical belt fasteners Bucket elevators and their components Belt cleaners, belt positioners, belt trackers and impact beds Conveyor pulleys, idlers, rollers and frames Sanki conveyors Powered roller and gravity conveyors

Our conveyor products offered include:

TMH is based in Perth and Bunbury, employs over 26 personnel and has been established in Western Australia for over 25 years. TMH is considered a specialist in the conveyor industry, providing market leading conveyor products and a 24/7 service for installation and ongoing maintenance.

INDUSTRIES COVERED:

MINING AND QUARRYINGAGRICULTURE AND FOOD

WASTE RECYCLINGRESOURCE RECOVERY

LOGISTICS/AIRPORTPRPRINTING

POWER STATIONS

T.M.H. Total Materials Handling Pty Ltd228 Collier Road, Bayswater6053, Western Australia

Tel: 08 9370 5577Fax: 08 9272 6488Email: [email protected]

Enquiries 08 9370 5577

www.tmh.net.au

TMH is especially proud of its association as a trusted supplier to TWPS Collie Power Station. TMH has been providing TWPS Collie Power Station with rubber conveyor belting and belt conveyor products such as cleaners and positioners and providing round the clock service for breakdowns, repairs and installation of the conveyor products provided. TMH has an unblemished safety record at TWPS Collie Power Station and prides itself on its responsiveness, understanding and solution of TWPS Collie Power Station conveying requirements.

TMH is an authorised agent for Sanwest, Flexco, 4B and Forbo Movement Systems in Western Australia.

SUPPLIER PROFILE TMH

Loy Yang A Power Station

SERVICE &MAINTENANCE

24/7

Specialised HVAC mining services Industrial, commercial & retail air

conditioning & mechanical services After sales service & breakdown Planned preventative and tailored

maintenance programs Plant refurbishment works Capital equipment upgrades New project construction works

AIRCOR Mechanical Services are a wholly owned Western Australian company specialising in all aspects of the air conditioning and mechanical services industry with a reputation for providing quality and excellence.

U2 , 16 Jacquard Way, Port Kennedy WA 6172Office: (08) 9591 6444 / Fax: (08) 9524 6922


When Quality & Service Matter

w w w . a i r c o r . c o m . a u

Q. How does TWPS ensure customer satisfaction and retention? The major focus we have in terms of retaining our customers is ensuring that we successfully meet the safety, performance and commercial outcomes that our customers have engaged us to deliver. Our business is structured around four key values: Commitment, Performance, Innovation and Collaboration. Based on these values, we ensure that we perform to the requirements of our contracts. We make

E N E R G Y

w w w. t w p s . c o m . a u 8 1


sure that the safety of everyone is at the forefront of our minds and everything we do.

Our other key focus to ensure customer satisfaction and retention is on maintaining strong relationships with our clients, right from the top of the organization down to the sitethen comes the innovation. The combination of all those four values really goes a long way to us retaining our contracts and our customers.

Q. What led to the venture into Southeast Asia? Southeast Asia is experiencing strong economic growth and demand for power, and therefore we see that there is a lot of potential to deploy our knowledge, systems, processes and expertise to assist clients in the management of new power generation assets, as well as enhancing the performance of existing assets which may not be achieving the levels of performance envisaged during design and commissioning. Southeast Asia is very much our growth engine.

Q. How do you plan to enter this

new market? There are two components. The first will be assisting customers to improve the efficiency and output of existing power stationsreally applying our expertise in how to improve the availability of power generation assets, how to improve the efficiency and output and fix problems or issues that they currently have. That will mobilize us to develop our presence and our brand name in Southeast Asia.

The next phase will be to deliver full operation management services to owners, and particularly financial and institutional investors, in power generation assets in the market.

Q. You recently expanded into New Zealand last yearwhat is the 5-year agreement between TWPS and Genesis Energy? Genesis Energy engaged TWPS to carry out routine maintenance and outages across their portfolio of thermal and hydro assets throughout New Zealand.

Q. How do both corporations benefit from this relationship? For us, it was very much part of our

8 2 S e p t e m b e r 2 0 1 5

COMPANY NAME

growth strategy to establish ourselves outside of Australia. From our perspective, gaining such a major contract in New Zealand gives us a strong foothold and a strong presence that will enable us to grow over time.

For Genesis, the real advantage was achieving cost savings for them from a much more streamlined contract than they had before. They had around 80 suppliers covering their maintenance before and now theyve got one

We have a very loyal group of people that are passionate about power generation

David Taylor, Executive Manager of Strategy and Development

Kwinana Power Station

S E C T O R

w w w. t w p s . c o m . a u 8 3

COMPANY NAME

us. The contract is also very flexible and allows for Genesis to change the generation profile and we respond to that in terms of our labour and maintenance profiling. We can bring a lot of expertise to the table in how to drive productivity efficiency and that was one of the major gains that Genesis Energy was looking for.

Q. Safety is a top priority in the power generation fieldwhat initiatives do you have in place to offset risks? We have a robust safety management system across our business. We place a large focus on hazard identification and reporting, which aims to eliminate any safety risks before they occur,

8 4 S e p t e m b e r 2 0 1 5


and controlling the risk as much as possible. There are daily toolbox meetings that discuss any safety issues and every job has a JSA (Job Safety Analysis) prepared that identifies potential risks associated with a particular task being carried out.

Q. How does the leadership team recruit and maintain a solid workforce at TWPS?

We have a very loyal group of people that are passionate about power generation. Being one of the largest employers in the power generation sector in Australia also creates its own benefits in terms of attracting and retaining employees.

We also maintain databases of casual employees that we can call upon as required to meet peaks in demand such as during outage

Loy Yang A Power Station

E N E R G Y

w w w. t w p s . c o m . a u 8 5


season. They understand our culture and how we do things so that when they come onto a site, they know how TWPS operates, which reduces risks and improves delivery outcomes.

We also provide opportunities for people to progress throughout the company, which provides career paths for people resulting in higher retention rates.. On the

innovation perspective, we run an internal program called The Better Ways Program where individuals are rewarded for coming up with innovative solutions for clients. Its a monetary award as well as a recognition award.

Q. TWPS engages in a broad range of sectorsfrom coal to wind powercan you give me a

8 6 S e p t e m b e r 2 0 1 5


breakdown of your work within these? Coal fired power stations represent around 40 per cent of our business at this point in time, with gas around the same (40 per cent) and

renewables is the remaining 20 per cent.

Globally, theres a much larger push towards renewables and our business is certainly seeing more requests from customers to assist

Townsville Power S

energy digital - september 2015

Documents