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Robust Solutions for New Frontiers
Chow Yew Yuen
COO & CEO-Designate
Keppel Offshore & Marine
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About the Keppel Group
Offshore & Marine Infrastructure Property
Rig design &construction
Ship repair &conversion
Specialisedshipbuilding
Power & gas
Environmentalengineering
Logistics &data centres
Propertydevelopment
Property fundmanagement
Market capitalisation of S$18.3b*
* As of 03 Sept 2013
Investments
Independentupstream company
Diversifiedinvestment company
Integrated
communicationsservice provider
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Segmental Breakdown
Offshore &Marine
66%
Infrastructure9%
Property22%
Investments3%
S$22m
1H 2013 Net Profit:S$677m
Offshore &Marine
60%
Infrastructure28%
Property12%
1H 2013 Revenue:S$5,835m
S$3,520m
S$1,607m
S$698m
S$445m
S$147m
S$63m
Offshore & Marine contributes over 60% of
Keppel Corporations net profit
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About Keppel Offshore & Marine
KeppelOffshore & Marine
OffshoreShip repair &conversion
Specialisedshipbuilding
Jackups
Semisubmersibles
Floating Production
Units
FPSOs
FSRUs
FSOs
FSUs
Drillship upgrade/
enhancements Turret & module
fabrications
Offshore support
vessels
Harbour tugs
Ice-Class vessels
Pipelay vessels
Specialisedworkboats
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Keppel O&M Key Highlights as at 1H 2013
2013 Record Delivery
Delivered 12out of 22newbuild rigs
New Orders Secured
S$3.0bNet Orderbook
S$13.1bwith deliveries into 2019
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Total Solutions
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Total Solutions
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Proven Jackup Solutions
KFELS B Class
Jackup
KFELS Super BClass Jackup
KFELS A Class
Jackup
KFELS N Class
Jackup
KFELS Super A
Class Jackup
KFELS Multi-PurposeSelf-Elevating Platform
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The Industry Standard
KFELS B Class jackup
High efficiency drilling with minimaldowntime
Reduced emissions
Proprietary jacking & fixation systems
Readily upgradeable to meetcustomers needs
KFELS B Class Jackup
66 ordered since 200047 operating worldwide
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Proven Deepwater Solutions
DSSTM51 Semi DSSTM38 Semi Series
Semi Accommodation
SSAUTM5000NGSemi-Drilling Tender
SSDTTM3600
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Market-Leading Drilling Semisubmersible Design
Double-skin columns protect
equipment from external impact
Heavy-duty payload reduces frequency
of transporting supplies
Well-suited for the deepwater golden
triangle
DSSTM38
DSSTM38 series
2 DSSTM38 semi delivered to QGOG
6 DSSTM38E semi ordered by Sete Brasil
1 DSSTM38M semi ordered by SOCAR
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The Preferred Solutions Partner
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Innovating to meet customers
needs across global frontiers
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Advanced Jackup SolutionsResponding to market needs
KFELS E Class
KFELS J Class
KFELS NE Class
Arctic Ice-Class
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Advanced Deepwater SolutionsResponding to market needs
DSSTM60HE Semi
SSDTTM5000E
CAN DO Drillship
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CAN DO Drillship
Designed to meet operators
latest requirements
Features:
High functional & useable deck
space covered effectively with
cranes
Enhanced tank capacities
Ergonomic space arrangement
High speed and fuel autonomy
Improved drilling efficiency
Efficient escape & access routes
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CAN DO Drillship
Progress: Class approval obtained
Model test completed
3D detail engineeringnear completion
Construction method set
Ready for orders.
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FLNG Solutions
For up to 2.0 MTPA
Completed FEED study to develop Golarsfirst FloatingLiquefied Natural Gas (FLNG) vessel
Builds on track record of 3 Floating Storage &
Regasification Unit (FSRU) conversions
FLNG design enhances flexibility & efficiency for tapping remote
reserves
Note: MTPA = Million Tonnes Per Annum
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FLNG Solutions
Mid & small scale concepts
featuring Keppels LNG technology
FLNG conversion for 1.0 MTPA
Jetty-moored FLNG concept for
near shore LNG terminals
Newbuild barge for 0.5 MTPA
Capable of oil production &
treatment of associated gas in
shallow waters
Pre-FEED study completed
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Near Market,Near Customer
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Keppel FELS: Offshore rig design, construction & repair
Built about 50% of jackups & a third of semis worldwide since 2000
Reliable execution: Delivered 15 out of record 20 rigs this year
Secured 10 KFELS B Class jackup orders year-to-date
Singapore: Centre of Excellence
Keppel FELS, Singapore
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Keppel Shipyard: Expertise in vessel conversion & repair
Expertise in ship repair with an average of 400 vessels/year Track record of 109 FPSO/FSO/FSRU conversions & upgrades
Keppel Shipyard, Singapore
Singapore: Centre of Excellence
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FPSO/FSO/FSU conversion & upgrade FSRU conversion
Turret fabrication LNG carrier repair
Skarv Turret
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Keppel Singmarine: Specialised shipbuilding & design
Wide spectrum of customised turnkey solutions Constructed over 400 specialised vessels for global clientele
Executing a Platform Supply Vessel for McDermott & a Diving Support Vessel
for Bhagwan Marine
Asias first ice-breakers for the
Arctic region
Rockdumping vessel Pipelay vessel
Singapore: Centre of Excellence
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Supporting Network of Asian Yards
Keppel Nantong, China
Keppel Subic Shipyard, the Philippines
Bintan Offshore, Indonesia
Keppel Batangas Shipyard, the Philippines
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Brazil: Local Content Delivery
BrasFELS, Angra dos Reis, Brazil
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Brazil: Contribution to Brazils Capacity
FPSO Peregrino
100.000 bpd
FPSO P 53
180.000 bpd
FPSO Marlim Sul
100.000 bpd
FPSO Capixaba
100.000 bpd
SSP Piranema
20.000 bpd
FPSO Polvo
90.000 bpd
100.000 bpd
P-18 FPSO Brasil
90.000 bpd
FPSO Cidade de Anchieta
100.000 bpd50.000 bpd
100.000 bpd
FPSO Espirito Santo
40.000 bpd
25.000 bpd
FPSO Cidade So Mateus
Cidade de Sao Vincente
40.000 bpd
OSX 1
P-27
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Brazil: Solid Offshore Track Record
FPSO Cidade de Sao Paulo FPSO Cidade de Paraty
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Brazil: Local Content Delivery
Total Solutions Provider
Offshore rigs
DSSTM38E
semis forSete Brasil inprogress
FPSO
FPSO topside
fabrication &integration forPetrobras,MODEC &SBM
Specialisedvessels
2nd phase of
KSM Brasil inprogress
Delivered 1tug;Constructinganother 5 tugs& 2 PSVs
Repairs &Upgrades
Rig repair &
upgrade
Noble drillshipupgraded
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Brazil: Reliable Execution
6 DSSTM38E semis
1st unit reached revenue recognition threshold
2nd unit struck steel
Harnessing synergy between global yards
P-61 TLWP
Successful mating of the topsides & hull
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1. Hull was towed from BrasFELS to a
deepwater mating hole near Angra dos Reis
2. Hull was ballasted down to achieve the
required mating draft
3. Topsides were positioned over the
submerged four column hull
Mating of P-61, Brazils first TLWP
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Mating of P-61, Brazils first TLWP
4. Upon de-ballasting, the hull connected to the topsides via specially designed receptacles
and stab-in cones
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US Gulf of Mexico: Established Reputation
Keppel AmFELS in Texas
Capacity to build up to 4 jackups
per year
Has to date delivered a total of
18 jackups 4thPerforadora Central rig in
progress
Upgrading Diamond Offshores
semi
Keppel AmFELS, Texas, US
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Mexico: Growing Clientele
Keppel O&M Group won 16
jackup orders from Mexico;
13 of these are KFELS B
Class rigs
KFELS B Class for Oro Negro
http://www.google.com.sg/imgres?imgurl=http://www.2b1stconsulting.com/wp-content/uploads/2012/11/Pemex_Key_Facts_and_Figures_in_brief.jpg&imgrefurl=http://www.2b1stconsulting.com/pemex-in-brief/&usg=__C6my2cLKSl7DTdxlZJlaasNaoNw=&h=814&w=1225&sz=72&hl=en&start=1&zoom=1&tbnid=oZURmArkPU6GpM:&tbnh=100&tbnw=150&ei=F24XUq3SAYf5kAW9toCADQ&prev=/search?q=pemex&um=1&sa=N&hl=en&gbv=2&tbm=isch&um=1&itbs=1&sa=X&ved=0CCsQrQMwAA7/27/2019 Keppel - Pareto Presentation 2013
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North Sea: Robust Solutions
Delivered 2 KFELS Super A Class jackups; another 3 under construction
3 KFELS N Class jackups for Rowan performing well
Building 3 CJ-70 jackups for Maersk
Secured Floatels5th accommodation semi for the harsh environment
North Sea Compliant Jackup & Semi solutions
KFELS Super A Class KFELS N Class CJ-70 DSSTM20NS
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Caspian Sea: Valued Partnerships
Caspian Shipyard Company, Azerbaijan
Early mover to support SOCARs fleet expansion needs
Deepening presence in Azerbaijan
Secured DSSTM38M semi order from SOCAR in 2Q 2013
C i S S d d i A b ij
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Caspian Sea: Second yard in Azerbaijan
Baku Shipyard
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Middle East: Comprehensive Service Hub
Nakilat-Keppel O&M, Qatar, has repaired over 150 vessels to-date
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Full spectrum of repair, fabrication & maintenance services
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Vision, Mission & Core Values
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Vision
To be the provider of choice & partner for solutionsin the global offshore & marine industry
MissionWe seek to achieve customer satisfaction through technological
leadership & in building a people-oriented organisation
Core Values
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Thank youQ&As
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