2015 Pareto Oil & Offshore Conference 2 Sep. 2015 - Oslo Norway Bart Heijermans - CEO Navigating the crowded high seas
Navigating the crowded high seas From last years DeepOcean presentation at Pareto Conference www.deepoceangroup.com 2
Navigating the high seas Could have been worse. 2015 SAIL AMSTERDAM SAIL IN 2015 SAIL Amsterdam www.deepoceangroup.com 3
Navigating the crowded high seas Brief introduction to DeepOcean a subsea services company A leading provider of integrated subsea services Focused on the lower risk subsea service niches with inherent day-rate nature of contracts…
Navigating the crowded high seas Safety Lagging Indicators YTD (as of 31/07/2015) Per 1.000.000 hours 4 3 2,51 2.46 2,24 2.09 2 1,49 1.08 0.92 0.83 1 0.65 0.25 0 2011 2012 2013 2014 2015 LTIF TRIF…
Navigating the crowded high seas Company Factsheet Vessels ROVs / AUVs Trenchers & Ploughs Human Resources Owned: 6 37 ROVs 5 ploughs 1,250 employees Chartered:11 (+2 in16) 3 ROVs ordered for 7 jet trenchers 100 full time agency…
Confidential Not for Public Dissemination Navigating the crowded high seas Current Operations and offices Edda Flora Edda Fauna Volstad Surveyor Deep Vision Go Pegasus Deep Helder Havila Phoenix Maersk Recorder Deep…
Navigating the crowded high seas Our Services IMR Replacement of flexible risers Diverless Operations FPSO Thruster Replacement Scale squeeze Pipeline Validation Subsea weld NDT www.deepoceangroup.com 8
Navigating the crowded high seas Our Services Survey AUV Ops in Brazil Laser and Sonar Survey Survey of manifold using ROV mounted laser www.deepoceangroup.com 9
Navigating the crowded high seas Our Services Installation Installation and burial of 535km of cables and Installation of turning umbilicals on Snorre PRM Project bollards on Shell Malakai Project XMAS Tree installation on…
Navigating the crowded high seas Our Services Decommissioning Removal of Statfjord Loading Buoy Gassco H7 platform removal www.deepoceangroup.com 11
Navigating the crowded high seas Offshore Renewables and Interconnectors Installation Trenching IMR Commissioning Anode installation Trenching with PT1 in German market Havila Phoenix Installation of power Annual Survey…
Navigating the crowded high seas Foundations Framework Agreements in GNS Operations in Mexico & Brazil IMR, Survey and installation services IMR, survey and installation services Offshore Renewables and Interconnectors Projects…
Navigating the crowded high seas Offshore Renewables and Interconnector cables Forecasted cumulative fully commissioned Planned HVCD Interconnectors offshore capacity NW Europe (GW) 35 GW UK Germany Netherlands 10 GW…
Navigating the crowded high seas Most powerful track and buoyant trenchers T3200 UT1 Ploughs Jet trenchers Mechanical 5 off 7 Off 4 Off Pipeline ROV ROV Cable Track Track Picking the right tool for the job…
Navigating the crowded high seas Cable Installation Vessels Maersk Connector with 7,000 te. carrousel Maersk Recorder Havila Phoenix Volantis Edda Freya Cable tanks 2,000 te. Carrousel 3,000 e. Carrousel…
Navigating the crowded high seas Innovation Survey Optime Subsea Services AS Subsea Laser Data Acquisition Superior Survey ROV and 3D visualization AUV Operations Installation Light Completion Intervention System AUV3000…
Navigating the crowded high seas Developments What should happen.. What likely will happen. Industry Industry DeepOcean Consolidation Fewer contractors and Reducing cost Horizontal AND vertical more lay-offs Rebalance asset…
Navigating the crowded high seas Our focus Safety of all employees and other stakeholders Liquidity Cost deflation Innovation Operational excellence To close contracts with total value in excess of 250 million in 3Q2015…
Navigating the crowded high seas Follow DeepOcean Group on Twitter deepoceangroup Q&A Join the discussion on LinkedIn: www.linkedin.com/company/deepocean More than 25,000 followers http://www.youtube.com/deepoceanonline…