Seven Borealis is part of our fleet enhancement programme Investment focused on core assets, with high technical specifications Focused on achieving the optimal deployment of the optimal fleet Over 40 vessels - continue to enhance our…
Competitive advantage is multi-faceted BARRIER SCALE Access to Capital Low or High Fixed Assets Low Management Systems Low Technology Medium Market Positioning High Competence & Track Record High Knowhow - People High The…
Market positioning Global EPIC Technip players Subsea 7 Saipem (with Global) Joint Venture or Sapura EMAS-AMC McDermott Heerema Allseas niche Crest positions Small Ocean threats Install Fugro Trico GE COOEC Mer Ocean…
Competence and track record lead to partnership The ability to forge and sustain effective strategic partnerships with our global client base remains the backbone of our business 8-Jul-12 Page 5
A global leader 8-Jul-12 Page 6
We are focused on the sweet spot Market Customer needs Competitors Our Capabilities Find the Sweet spot Differentiation 8-Jul-12 Page 7
Market scale 600Bn A galaxy of industry sectors Often unconnected 20-30Bn Different market dynamics 5-6Bn Many different technologies Opportunities everywhere E&P SURF Subsea 7 Management order of magnitude estimates Not…
Todays industry challenges are Subsea 7s opportunities Deeper waters and more challenging Proven expertise and environments execution track record Growing size and complexity Large engineering & project of large EPIC contracts…
The Seven Borealis A Star is Born 6th July 2012 Tom Welsh Project Director
Our changing fleet Story of the Seven Borealis Agenda From China to the Netherlands via Singapore A flagship vessel 8-Jul-12 Page 2
Seven Borealis is part of our fleet enhancement programme Investment focused on core assets, with high technical specifications Focused on achieving the optimal deployment of the optimal fleet Over 40 vessels - continue to enhance our…
Subsea 7 Fleet Seven Borealis, a global enabler Other 2% Dive Support 1 vessel Rigid Pipelay/Heavy Lift 18% 20% 8 vessels 9 vessels 23% 23% 10 vessels 10 vessels Construction/Vertical Flexlay Life of Field/Light…
Seven Borealis A star is born Subsea 7s flagship strategic enabler A deepwater pipelay, heavy-lift vessel Joins fleet H2 2012 1st project Angola CLOV development 8-Jul-12 Page 5
The Seven Borealis provides unprecedented flexibility and capability which, together with our engineering and management expertise will enable us to meet our clients strategic needs, particularly in deepwater and harsh environment…
The story begins Nordic Heavy Lift with Sembawang shipyard announce new build 28th May 2007 Designed according to a SOC 5000 series Ulstein Sea of Solutions Keel laid Nantong Yahua Shipbuilding, China Hull launched 19th October…
Subsea 7 acquires Seven Borealis Subsea 7 announces acquisition of vessel 16th December 2009 Redesigned - 5,000t heavy lift to be complemented by 937t J-Lay system 600t S-Lay system Funded entirely from the Companys existing cash…
Seven Borealis a vessel for every subsea occasion Length 182m x breadth 46m 600t tension S-Lay for up to 46-inch pipe diameter 937t top tension J-Lay system for up to 24-inch pipe diameter 2,800t onboard pipe storage Mast crane:…
The Seven Borealis in Singapore Towed to Singapore Equipped and load tested with worlds largest offshore mast crane Crane installation was a four day operation Naming ceremony 7th January 2012 8-Jul-12 Page 10
Final installations on to the Netherlands J-Lay system installed in Vlissingen Max Tension: 937t Pipe Range: 4-inch min 24-inch max S-Lay system installed in Schiedam Max Tension: 600t Tensioners: 3 x Huisman BV two track…
A flagship vessel CLEAN-DESIGN notation commitment to minimise environmental impact Main Engines/Generators: 6 Rolls-Royce B32:40 V12A 720 rpm diesel engines each generating 5,760kW Thrusters for Propulsion and DP: 2 x azimuth…
Seven Borealis A global strategic enabler Global reach all deepwater areas Full range of pipelines Shallow to deepwater Pipe-in-pipe Heavy pile/manifold capabilities Add 500t flex-lay tower (optional) Available for conventional…