Maritime Business Day seminar (Norway, Russia and France) May 27th, 2015

1. JOHAN SVERDRUP PROJECT
Status and possibilities

2. www.finity.no Illustration: Statoil
Johan Sverdrup project

3. www.finity.no
Johan Sverdrup project
The Licensing Group consist of the following partners
with corresponding shares:
• Statoil 40,0267% (Operator)
• Lundin Norway 22,12%
• Petoro 17,84%
• Det norske oljeselskap 11,8933%
• Maersk Oil 8,12%
The exact partner share is
disputed, and the issue has been
forwarded to the Ministry for
arbitration and decision. Photo: Statoil

4. Johan Sverdrup project
www.finity.no Illustration: Statoil

5. Johan Sverdrup project
Modifications on onshore facilities for oil (Mongstad) and gas/
electricity (Kårstø). Typically to be handled by MMO contractors.
www.finity.no Pictures: Hagen, Hansen/Statoil
Mongstad
Kårstø

6. Procurement strategies
www.finity.no

7. www.finity.no
Procurement roles (Statoil – Aker Solutions – EPC/ FC)
Illustration: Statoil

8. Standard contracts/ «agreed standards» (NF, NTK, NSC, Statoil)
• Background – Customers need for control
• Regulation of risk/ balance of contract
• Back to back principle in subcontracts (indemnification, ownership, IPR
etc)
• Knock for knock principle
• Compensation schemes
• liabilities, insurances and quarantees
• For Johan Sverdrup the preferred model has been to award a FEED with
an EPC/ delivery option.
www.finity.no
Contract models

9. Contracts status
www.finity.no

10. www.finity.no
Contracts status

11. Contracts awarded:
Main contracts awarded to date:
www.finity.no
No Client Contract Scope Awarded to Date Time period Value (nok)
1 Statoil EPMa Process PlatformDesign and assistance to Statoil Aker Solutions 21.01.2015 5 yrs
4.5 Billion (all EPMa
services)
2 Statoil EPMa Riser PlatformDesign and assistance to Statoil Aker Solutions 21.01.2015 5 yrs
4.5 Billion (all EPMa
services)
3 Statoil EPC Riser Jacket
Engineering, procurement and construction of riser
jacket Kværner Verdal 20.01.2015 Delivery 2017
3 Billion (riser and
drilling jacket)
4 Statoil EPMa Gangways and hook-upDesign and assistance to Statoil Aker Solutions 21.01.2015 5 yrs
4.5 Billion (all EPMa
services)
5 Statoil EPC Drilling Topside
Engineering, procurement and construction for the
deck of the drilling platform. Will comprise three
modules. Aibel is to build the largest module, the main
support frame (MSF), at the company's yard in Thailand.
The drilling support module (DSM), which is the second
largest, will be built at the company's yard in
Haugesund. The final module, the drilling equipment
set (DES), will be built by partner Nymo in Grimstad. Aibel 24.02.2015 Delivery Q2 2018 8 billion
6 Statoil FEED+Delivery option DrillingFEED with option to supply drilling equipment NOV 27.08.2014 N/A
7 Statoil EPC Drilling Jacket
Engineering, procurement and construction of riser
jacket Kværner Verdal 20.01.2015 Delivery spring 2018
8 Statoil I (all topsides) Offshore installation of platforms Allseas 02.03.2015 2018/2019
9 Statoil EPC Power Supply
Supply of HVDC power converters to Kårstø (for power
to Sverdrup field) ABB 16.03.2015 Delivery Q2 2017 1.1 Billion
10 Statoil E Cables and pipelinesDesign of all pipelines and cables IKM 03.03.2015 2015-2017
11 Statoil FEED+Delivery option SAS
Safety and Automation (SAS) systems to the four Johan
Sverdrup field platforms Kongsberg Maritime 28.05.2014
2015 (FEED) EPC
options 2016-2018 N/A
12 Statoil Frame agreement Delivery of safety equipment Survitec Norway 14.04.2015
13 Statoil Frame agreement Delivery of HVAC to all facilities AF Gruppen 29.04.2015 5+2 years 250 million
14 Statoil Frame agreement Delivery of ESD, Fire & Gas equipment to all facilities Autronica 21.05.2015 4+2+2 N/A

12. Contracts to be awarded:
Main contracts to be awarded:
www.finity.no
UPCOMING CONTRACTS
No Client Contract Scope Awarded to Date Time period Value (nok)
Statoil EPC LQ Platform Award Q2/15
Statoil FC Process platform Award Q2/15
Statoil FC Riser platform Award Q2/15
Statoil EPC Process Jacket Award Q3/15
Statoil EPC LQ Jacket Award Q3/15
Statoil EPC Power cable(s) Award Q3/15
Statoil Mobile drilling unit Award Q2/15
Statoil Integrated drilling services/ operations Award Q3/15
Statoil Flotell Award Q3/15
Statoil Drilling contractor Award Q2/15
Statoil Subsea systems Award Q3/15

13. Procurement needs
www.finity.no

14. Procurement needs
At EPC contractor level, procurements are typically divided
into “packages” for optimised procurement. Enclosed listing
shows packages to be procures. Potential suppliers may
utilise this list when qualifying or bidding to match their
offerings to the customers needs.
www.finity.no Oseberg Field Center. (Harald Pettersen/ Statoil)

15. Procurement needs
www.finity.no Presentation: Aker Solutions

16. Procurement needs
www.finity.no Presentation: Aker Solutions

17. Procurement needs
www.finity.no

18. Procurement needs
www.finity.no Presentation: Aker Solutions

19. Procurement needs
www.finity.no Presentation: Aker Solutions
• Aibel – only (7) minor packages to be
procured by Aibel, rest is transported from
Statoil procurement. Nymo will mainly install
NOV drilling support equipment, but NOV
(Asker, Kristiansand) will procure tanks,
pumps etc.
• Kvaerner – most subcontracts already
awarded
• ABB – mostly ABB equipment
• Kongsberg – pending EPC CA

20. Procurement needs
Statoil has specifically requested/ encouraged their main
contractors to announce their procurement packages on
www.findcontracts.no
To date, the following have confirmed that they will use the portal
- Statoil
- Aker Solutions
- <Aibel>
www.finity.no

21. Procurement needs
www.finity.no
Johan Sverdrup - ET391 Marine radar a...
The delivery include all hardware and software relevant for the Marine Radar
system. The system will be installed on the LQ and R...
14.07.2015 - 31.12.2017
Johan Sverdrup - ET390 Meterological ...
Delivery of meteorological observation system to Johan Sverdrup.
21.04.2015 - 31.12.2017
Johan Sverdrup - ET387 RFID Personnel...
The package includes the following equipment: - Access Control System -
Personnel Registration System - Material Tracking Syste...
03.08.2015 - 31.12.2017
Johan Sverdrup - ET381 Telephone and ...
The delivery includes - System cabinets - Hazardous Ex telephones -
Analogue/IP Telephones - Acoustic Hoods (including hoods ...
24.07.2015 - 31.12.2017
Johan Sverdrup - ET380 Public Address...
Complete public address and general alarm system (PAGA), including access
units and microphone stations.
13.07.2015 - 31.12.2017
Johan Sverdrup - ER266 Nitrogen Gas G...
The Scope of Work includes the following high level package description, but is
not limited to: Inert Gas (Nitrogen) Generator I...
22.06.2015 - 31.12.2017
Johan Sverdrup - ER264 Chemical Injec...
4.1 Main deliverables The Scope of
Enclosed is a screenshot of packages issued and planned for query for the
Johan Sverdrup project:

22. Phase 2 - Way forward
www.finity.no

23. www.finity.no
Status Johan Sverdrup Phase 2
Phase 2 is currently being studied by Aker Solutions and others.
Concept selection (DG2) is scheduled for ultimo 2015.
FEED to be done in 2016, and PDO to be delivered 2017.
DG4 (delivery) to be in 2022.
Phase 2 will include:
• production from part areas
• further development of the field centre
For suppliers, it should be noted that the intention is to use
options from Phase 1 to a large extent.

24. SUMMARY AND
RECOMMENDATIONS
www.finity.no

25. Summary and Recommendations
www.finity.no
The Johan Sverdrup project offers large opportunities for companies who can
qualify or have qualified as suppliers.
To ensure standardisation along the field complex, many system and component
contract packages are announced by Statoil (Aker) and later transported to the
main contractors. These are generally announced on www.findcontracts.no
Bulk materials and certain (engineering) services are still procured directly by the
EPC contractors and according to their normal procurement channels.
Many contracts are still open – but no time to waste

26. Summary and Recommendations
www.finity.no
When all main contracts are set, it will be the needs of the main contractors
(second tier companies) that determine which sub-suppliers that have an
opportunity to deliver to the Johan Sverdrup project.
It is adviced to monitor the status continuously for possibilities.

27. Finity Nordic AS
www.finity.no
Finity Nordic offers consultancy services for companies interested in the
Norwegian market.
Business segments covered
• Oil and gas
• Maritime industry
• Mines and quarries
• Farming and heavy-duty machinery
We communicate in Norwegian, English, Swedish and Finnish
For questions or other issues please contact henrik@finity.no or
staffan@finity.no
Thank you for your attention!