Keppel Ltd. · SGX:BN4

Keppel — Pareto Securities' 22nd Annual Oil & Offshore Conference 2015

24 slides from Keppel's conference presentation, Sep 3, 2015

  1. Slide 1: Pareto Securities' 22nd Annual Oil & Offshore Conference

    3/9/2015 Pareto Securities’ 22nd Annual Oil & Offshore Conference 2-3 September 2015 Chow Yew Yuen CEO Keppel Offshore & Marine 1 Disclaimer This release may contain forward-looking statements which are subject to risks and uncertainties that could cause actual results to differ materially from such

  2. Slide 2: Four Key Pillars of Business; Order Backlog

    3/9/2015 Four Key Pillars of Business Marine Specialised Offshore (Ship Repair & Technology Conversion) Shipbuilding Keppel Offshore & Marine 3 Order Backlog Net orderbook Net orderbook at 31 Dec (S$b) as of end July 2015 14.2 12.8 Newbuild 12.2 12.5 jackups 10.5 10.8 23% 9.4 Newbuild 7.2 Others sem

  3. Slide 3: Oil Price; Scaling up the O&M Value Chain

    3/9/2015 Oil Price Source: Nasdaq 5 Scaling up the O&M Value Chain Creating Value through Proprietary Solutions Offshore & Marine Net Profit S$’ Mil 1200  SSAU™3600 Accommodation Semi  Super A Class Jackup  DSS™38E Semi 1000  B Class Jackup  DSS™38M Semi  Ice-Class AHTS/Multi-Purpose Vessel 80

  4. Slide 4: Scaling up the O&M Value Chain; Seizing Opportunities

    3/9/2015 Scaling up the O&M Value Chain  New proprietary solutions developed in recent years. 1 3 6 2 4 5 7 1. Plug & Abandonment Jackup; 2. SMART Semi®; 3. FLNG Conversion; 4. Mid-Water Semi; 5. SSDT™5000NG Semi Drilling Tender; 6. New-Generation Liftboat; 7. New-Generation Platform Supply Vessel

  5. Slide 5: Gas Value Chain; FLNG Solutions

    3/9/2015 Gas Value Chain Liquefaction & Transportation Terminal & LNG as Containment & Distribution Regasification Transport Fuel Offshore Onshore 9 FLNG Solutions Providing a viable solution for mid-scale gas liquefaction  Secured third FLNG vessel conversion job from Golar LNG.  Building on trac

  6. Slide 6: PreNEx Liquefaction Technology

    3/9/2015 PreNEx Liquefaction Technology The proprietary Pre-cooled Nitrogen Expander (PreNEx) technology is designed for LNG production 11 Seizing Opportunities  Gas  Inspection, Maintenance & Repair (IMR), Support and Decommissioning  Subsea Support  Next-Generation Drilling 12 6

  7. Slide 7: SMART Semi; New Liftboat Design

    3/9/2015 SMART Semi® Reliable accommodation / maintenance vessel to support turret-moored FPSOs  SMART (Safety, Maintenance Rapid Transit) semi supports maintenance and upgrading of process system on FPSO.  Designed with enhanced agility to work alongside turret moored FPSOs improving operational

  8. Slide 8: New Platform Supply Vessel Design; Ice-Class Vessel

    3/9/2015 New Platform Supply Vessel Design Designed with new improved bow shape that reduces pitch motion  New bow shape “K-Bow” for improved ship motion.  DC Grid for fuel-efficient power transmission.  At low utilisation and standby modes, vessel will be battery operated which provides zero car

  9. Slide 9: Plug & Abandonment (P&A) Rig

    3/9/2015 Plug & Abandonment (P&A) Rig Versatile P&A rig based on Keppel’s winning jackup designs.  Commenced engineering study of a purpose-built P&A jackup rig with accommodation.  Suited for the harsh environment of the Norwegian sector of the North Sea.  Expected to be 25-30% more economical i

  10. Slide 10: Subsea Construction Vessel; Diving Support Vessel

    3/9/2015 Subsea Construction Vessel Cutting-edge Subsea Construction Vessel (SCV) for the Caspian Sea  Dynamic positioning which enables operations in significant wave heights up to 2.5 meters.  750 MT main crane for 600 metre-deep subsea operations.  18-men 2-bell saturated diving system.  2 wo

  11. Slide 11: Pipelay Vessel

    3/9/2015 Pipelay Vessel High-specification deepwater pipelay (S-Lay) vessel  Designed to support advanced pipelay operations in depths of up to 10,000 feet.  Highly efficient pipelay rates for long trunklines. Keppel is one of the largest pipelay vessel builders.  Capable of operations in severe

  12. Slide 12: Mid-Water Semisubmersible; Arctic Jackup

    3/9/2015 Mid-Water Semisubmersible Robust and cost effective mid-water drilling solution  Superior motion characteristics.  Mitigates low frequency roll motions.  Low wave drift forces.  Enhances safety and operational performance.  Higher deck load. Mid-water semisubmersible is designed for ha

  13. Slide 13: Can Do Drillship; Near Market, Near Customer

    3/9/2015 Can DoTM Drillship Premier drillship for deepwater exploration, well development & completion The next generation Can DoTM drillship is designed for optimal performance and cost efficiency 25 Near Market, Near Customer 26 13

  14. Slide 14: Global Network; Singapore: Keppel FELS

    3/9/2015 Global Network  Harnessing the synergy of 20 yards worldwide keeps us Near Market, Near Customer. 27 Singapore: Keppel FELS Global leader in offshore rig design, construction and repair 28 14

  15. Slide 15: Singapore: Keppel FELS; Keppel Shipyard

    3/9/2015 Singapore: Keppel FELS KOM: 113 jackups and 39 semisubmersibles delivered and on order since 2000 29 Singapore: Keppel Shipyard Converted/repaired 40% of FPSO/FSO/FSRU vessels and fabricated 30% of turrets for FPSO vessels worldwide 30 15

  16. Slide 16: Singapore: Keppel Shipyard

    3/9/2015 Singapore: Keppel Shipyard Expertise in LNG solutions 31 Singapore: Keppel Shipyard  Conversion of the world’s deepest offshore floating production development, Turritella, to be deployed at the Stones oil field in the Gulf of Mexico. 32 16

  17. Slide 17: Singapore: Keppel Singmarine

    3/9/2015 Singapore: Keppel Singmarine Constructed over 400 specialised vessels for global clientele 33 Singapore: Keppel Singmarine  Delivered Asia's first ice-breakers, Varandey and Toboy, currently operating in the Barents Sea of Russia. 34 17

  18. Slide 18: The Philippines: Keppel Subic; China: Keppel Nantong

    3/9/2015 The Philippines: Keppel Subic Delivered the first Depletion Compression Platform built in the Philippines to Shell 35 China: Keppel Nantong Offers effective production support to the Singapore yards 36 18

  19. Slide 19: China: Keppel Nantong; US Gulf of Mexico: Keppel AmFELS

    3/9/2015 China: Keppel Nantong  Delivered pontoons and spud cans of an accommodation semi for assembly in Singapore. 37 US Gulf of Mexico: Keppel AmFELS  Established a strong track record in the construction, refurbishment, conversion, life extension and repair of a variety of drilling rigs.  Bui

  20. Slide 20: Brazil: BrasFELS

    3/9/2015 Brazil: BrasFELS Over 13 years of experience operating in Brazil providing solutions for offshore rigs, FPSOs, specialised vessels and repair and upgrading projects 39 Brazil: BrasFELS  On track construction of newbuild DRU #1 and #2. 40 20

  21. Slide 21: Brazil: BrasFELS

    3/9/2015 Brazil: BrasFELS  Fabrication and integration of topside modules on the FPSO P-66 for the Petrobras-led consortium, Guara BV. 41 Brazil: BrasFELS  Repair of semisubmersible rig, Ensco 6002. 42 21

  22. Slide 22: Azerbaijan: Caspian Shipyard; Baku Shipyard

    3/9/2015 Azerbaijan: Caspian Shipyard  The first international rig construction, repair and conversion yard in the Caspian region.  On track for delivery of newbuild DSSTM 38M semisubmersible rig on time and within budget. 43 Azerbaijan: Baku Shipyard  Baku Shipyard is undertaking the design and

  23. Slide 23: Middle East: Nakilat-Keppel O&M; Configured to Grow

    3/9/2015 Middle East: Nakilat-Keppel O&M Repaired over 200 vessels to-date. Premium shipyard with a full and comprehensive range of services 45 Configured to Grow Execution Commitment to Excellence Technology Development Proven track record – on time within budget Innovative and cost- effective solu

  24. Slide 24: Thank you; Q&As

    Thank you Q&As Cy] Offshore & Marine 3/9/2015 24

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