Dockwiser offshore energy issue 14 by Dockwise Marine Contractor

2 014

IS SUE 14

OFFSHORE ENERGY FUTURE OIL AND GAS TRENDS

GOING DEEPER

INTERVIEW WITH WILLY BRANDT FROM TRANSOCEAN

AT THE HELM

INTERVIEW WITH OLEG MARYASOV CAPTAIN OF THE DOCKWISE VANGUARD

US$ 4,95 | DOCKWISE.COM

FOREWORD In a world hungry for energy, oil & gas will continue to enjoy strong demand. In this edition of the Dockwiser, we share Deloitte’s perspective on ‘A World Hungry for Energy’ (14-15), ‘Increasing Project Complexity’ (16-17) and ‘LNG Market Growth’ (18-19). Next to that we give an inside about the Offshore Energy division within Boskalis (20-23). Next to the feature, you will explore various sections including DockTalk, where At The Helm (24-25) and Ingenium (34-35) cover activities of our people on the job. We also provide you with two different Industry Perspectives; one from the Chief Commercial Officer and Senior Vice President at Seadrill (36-37), and the other from the Director of Customer Accounts and Advisor to the COO at Transocean (30-31). In the section Creating New Horizons Together, seasoned managers from Dockwise and Boskalis provide an insight of doing business together as they focus on Farming Offshore (32-33) and Hybrid Solutions (26-27). In the Technology Focus section, we describe our New Kid On The Block; the Ndeavor taking command at Malampaya (28-29).

CONTENTS DOCKNEWS 7 - 9

DOCKSHOT 4 - 5

SOUTHEAST ASIA'S NEXT FRONTIER 10 - 11 DOCKTALK

AHEAD OF THE CURVE

AT THE HELM 24 - 25 INGENIUM 34 - 35

36 - 37

INDUSTRY PERSPECTIVE GOING DEEPER 30 - 31 AHEAD OF THE CURVE 36 - 37

CREATING NEW HORIZONS TOGETHER HYBRID SOLUTION 26 - 27 FARMING OFFSHORE 32 - 33

TECHNOLOGY FOCUS NEW KID ON THE BLOCK 28 - 29

OFFSHORE ENERGY

FUTURE OIL AND GAS TRENDS

A WORLD HUNGRY FOR ENERGY 14 - 15 INCREASING PROJECT COMPLEXITY 16 - 17 LNG MARKET GROWTH 18 - 19

Last, but not least we include an article covering Southeast Asia’s Next Frontier - Myanmar (10-11).

UNRIVALED OFFSHORE ENERGY SOLUTIONS

Enjoy the read of this final edition.

OFFSHORE ENERGY DIVISION WITHIN BOSKALIS

Editorial Team

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20 - 23

Today Dockwise is a wholly owned subsidiary of Royal Boskalis Westminster N.V., a leading global services provider operating in the dredging, maritime infrastructure and maritime services sectors. This integration led to the fact that this Dockwiser is the last issue of the magazine. As one door closes, another opens. We proudly introduce the new Boskalis relationship publication ‘Creating New HORIZONS’. We would like to encourage you to read the online issue at: www.boskalis.com/magazine •

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AUGUST 9 AND 10, 2014

DOCKWISE VANGUARD IN ROTTERDAM! This year the semi-submersible, heavy transport vessel the ‘Dockwise Vanguard’ moored for the first time in the Netherlands at the Cruise Terminal in Rotterdam. With the launch of the ‘Vanguard’ end of 2012 she is the world’s largest and most unique vessel of her kind. With dimensions of 275 x 70 meters (3 soccer fields!) and height of approximately 50 meters (15 levels!) our invitees enjoyed a beautiful view of the impressive skyline of Rotterdam with the Erasmus Bridge and Euromast during this special and unique event. •

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VIEW THE PHOTO GALLERY

WATCH OUR MOVIES AT DOCKWISE.COM

DOCKWISER 5

FROM THE BOARD Looking back at what we have accomplished this year, we can reflect on a very busy period. And although the integration with Boskalis offers many potential new market opportunities, from day one we were committed that the ongoing Dockwise operations must continue with business as usual. Looking ahead, the broad range of assets and knowhow held within the Boskalis group offers unique opportunities to provide our clients with integrated solutions. From an organizational perspective, we are heading in the right direction and I am confident the Offshore Energy division of Boskalis will benefit. In essence, we have taken important steps forward to broaden our activities. To introduce myself, I am Frank Verhoeven, member of the Board of Management at Royal Boskalis Westminster. I have a maritime background and hold an engineering degree from the leading Dutch technical university of Delft. I joined Boskalis in 1976 and have worked

ENJOY THE READ. BEST REGARDS,

FRANK VERHOEVEN MEMBER OF THE BOARD

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in the maritime industry for nearly 40 years. In light of the recent changes at Dockwise, I have succeeded André Goedée as CEO and would like to thank him for his tenure and leadership over the years. Prior to his retirement, Mr. Goedée will serve as Advisor to the Board of Management of Boskalis. Our strategic offshore submarkets

Today, Dockwise is part of the Boskalis Offshore

Energy division, which

offers Transport, Logistics,

Installation, Subsea, IRM

and Decommissioning services to a wide range of clients.

consist of exploration and development, production, refining and processing, renewables, ports and marine. From the newly formed

Offshore Energy division, we can now deliver integrated solutions using a unique range of assets, engineering knowhow and more than 100 years of experience. Building on positive market indicators, we will further grow business relationships and continue our unwavering commitment to deliver excellence. This Dockwiser issue ‘Offshore Energy’, highlights industry developments, interviews with offshore executives and Dockwiserelated projects. The Offshore Energy issue marks an end to the Dockwiser. As one door closes, another opens. I, therefore, would like to encourage you to read the Creating New HORIZONS magazine, the new Boskalis relationship publication online at www.boskalis.com/magazine

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BOSKALIS CONSORTIUM ACQUIRES SUEZ CANAL EXPANSION CONTRACT A consortium consisting of Royal Boskalis Westminster N.V. (Boskalis), Van Oord, NMDC (Abu Dhabi) and Jan de Nul (Belgium) has acquired a contract from the Suez Canal Authorities in connection with the expansion of the Suez Canal, which provides a vital shipping link between Europe and Asia. The total contract value amounts to USD 1.5 billion, each partner being entitled to an equal share of USD 375 million. The ‘new’ Suez Canal will partially run in parallel to the current waterway and partially entail widening and deepening of existing parts thereof. The contract includes the construction of the parallel section of the canal with a length of approximately 50 kilometers to allow ships to simultaneously transit in two directions as well as the widening and deepening of a number of existing sections to a depth of 24 meters. The majority of the dredging activities for the canal expansion will be executed with 17 cutter suction dredgers. Dockwise is also involved in the transport of dredging equipment for one of the dredging contractors and will use the Dockwise Vanguard. The project will commence in 2014 and is expected to be completed in 2015.

ONS STAVANGER 2014

WHAT A SUCCESS!

August 25-28, 2014: ONS 2014 exceeded all of the expectations – with a record breaking number of 91,682 visitors, 1,380 wonderful exhibitors and a revitalized conference with 700 delegates participating every day. Boskalis and Dockwise participated with a 36 sqm booth and met many interesting business people during the week. On Wednesday evening over 100 contacts were welcomed onboard the S/V Wylde Swan to take part in an interesting evening. The relaxing ambiance ensured an ideal balance of entertainment and networking with peers in the global offshore industry.

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Boskalis’ strategy is aimed at benefitting from key macro-economic factors which drive worldwide demand in our markets: expansion of the global economy, increase in energy consumption, global population growth and the challenges that go hand in hand with climate change. This project is driven by increasing global trade.

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VIEW THE PRESS RELEASE

DOCKWISER 7

HARBOUR RUN 2014 WE DID IT! October 12, 2014: A beautiful sunny Sunday in The Netherlands, 21 Boskalis/Dockwise colleagues beat together a huge challenge: The Harbour Run 2014. It is the run that has it all and most of all a lot of fun! A lap of over 11 kms and 22 spectacular maritime/harbour related obstacles in the Waalhaven of Rotterdam.

An encouraging warming-up got us ready for the start with thousands of runners. Together with more than 3,000 tough men and women, who give their all to conquer themselves as well as the obstacles. Along the way we could always count on helping hands and great team work. As a team we got to the finish line, we achieved a mental and physical performance, which we can be proud of.

â&#x20AC;˘

WATCH THE HARBOUR RUN 2014 MOVIE

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RIO OIL & GAS 2014 Boskalis Offshore was an exhibitor again at this year’s Rio Oil & Gas 2014 held September 15 - 18 in Rio de Janeiro, Brazil. The cuttingedge technology for the oil and gas industry was exhibited, with booths from 1,300 oil companies, service providers, as well as Brazilian and international institutions representing the market. The conference attracted more than 55,000 participants from all over the world. During the first day of the conference, Jules Verlinden, Project Manager at Boskalis Offshore Subsea Services, presented a technical paper on OSX-3 FPSO MOORING INSTALLATION & HOOK-UP. On Tuesday evening Boskalis Offshore hosted an in-booth reception with more than 100 visitors. Guests were invited to the booth for drinks and appetizers while networking and listening to some local Brazilian music.

“Rio oil and gas has been a

DOCKWISE WON THE BENTLEY BE INSPIRED AWARD November 2014: Dockwise won the Bentley Be Inspired Award in the category of offshore innovations by presenting the SHWE project www.dockwise.com/page/movies.html to the industry. It was quite a long journey. The team started about half a year ago to prepare for the project submission. The project was also chosen as a case study for Bentley SACS and MOSES application and was published several weeks ago based on our submission. Bentley holds the Year in Infrastructure conference every year to invite the industry to share the projects with Bentley software application. The Be Inspired Award announcement is always the most important moment for the conference. In this year particularly, there were more than 700 participants and more than 100 media representatives attending. Dockwise has a team of three people to present the SHWE project. There were 31 projects in the offshore innovation category and Dockwise won the final prize!

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great opportunity to show and explain to our clients

and the regional market, the Boskalis Offshore Energy

division, as a consolidated and reliable one stop shop partner, that knows the

place and is here to stay.”,

says Francisco Ruiz, Area Manager Brazil. •

UPCOMING EVENTS FIRST HALF OF 2015 Subsea Expo

February 11-13

Aberdeen AECC, Scotland

www.subseaexpo.com/

Offshore Technology Conference May 4-7 Reliant Center, Houston, Texas, USA

2015.otcnet.org/

EWEA Offshore

March 10-12

Bella Center, Copenhagen, Denmark

www.ewea.org/offshore2015/

OGA

June 2-4

Kuala Lumpur Convention Centre, Malaysia

www.oilandgas-asia.com/home/

Mexico Petroleum Congress

June 10-13

Guadalajara, Mexico congresomexicanodelpetroleo.com.mx/ exhibition.html

DOCKWISER 9

Dockwise float-over installed the Shwe development topsides using COOEC’s HYSY229 installation launch barge. First production was in January this year.

Southeast Asia's NEXT FRONTIER

After 50 years of sanction-driven isolation, Myanmar’s reserves offer an exciting and challenging exploration opportunity and could be southeast Asia’s next oil and gas frontier. Elaine Maslin reports. This article is reprinted with kind permission from ‘Offshore Engineer’. It first appeared in June 2014 of said magazine. Read the full article at: http://www.oedigital.com/engineering/item/6106-southeast-asia-s-next-frontier

Myanmar has been producing hydrocarbons longer than many. The country, sitting between India and China, exported its first barrel of oil from an onshore field in 1853. Today, its hydrocarbon potential, especially offshore, is again attracting attention. After emerging from decades of sanctiondriven isolation, due to military rule, the country is hoping to attract

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new investment in its upstream sector, especially offshore, where it lacks experience. In January 2013, the Republic of the Union of Myanmar’s Ministry of Energy put 30 offshore blocks up for tender (19 deepwater and 11 shallow) in its 2013 Offshore Licensing Round. In March, preferred bidders on 20 of those blocks were announced. The attraction for foreign investors is

that Myanmar’s gas reserves have not yet been fully surveyed with modern seismic technology, making it an exciting and challenging country for exploration, says London-headquartered law firm Berwin Leighton Paisner. “Myanmar has spent 50 years in isolation from the global economy,” says a World Economic Forum (WEF) report, New Energy Architecture:

Myanmar, produced in collaboration with Accenture and the Asian Development Bank (ADB), and published mid-2013. “If the country continues its political and economic reforms, Myanmar has the potential to emerge as southeast Asia’s next frontier.” Erling Vågnes, senior vice president for exploration in the Eastern hemisphere at Statoil, which was one of the winners in the 2013 offshore licensing round, says: “This is a large and virtually unexplored area in a basin with a proven petroleum system and thick sedimentary deposits.This is a long-term opportunity with high subsurface risk, but with high-impact potential.” Myanmar wants to increase production to meet domestic requirements. Pre2011,due to international sanctions, the government had limited access to finance, so it agreed to natural gas export contracts with Thailand and China, limiting domestic supply, the WEF says. The country’s emergence from sanction-driven isolation could also reignite the potential for an LNG export project, similar to one backed by Japan and South Korea, but cancelled in 2007, suggests Berwin Leighton Paisner. Offshore potential According to the WEF report, Myanmar has 7.8Tcf proven natural gas reserves (BP Statistical Review of World Energy, 2012) and it exported about 303Bcf in 2011. The Myanmar offshore can be geologically divided into three basins, according to a presentation by Zaw Min Aung, assistant executive geologist offshore, at state-owned Myanma Oil and Gas Enterprise (MOGE), which is responsible for the country’s upstream activities. Aung was speaking at February’s

Myanmar Oil and Gas Week in Yangoon. He said the three offshore basins are the Rakhine, Moattama, and Tanintharyi. The first offshore drilling was in 1965, in the Rakhine and Moattama. The first major discovery was the Yadana gas field in the Moattama area in 1980. Existing projects According to Aung’s presentation, there are 26 shallow water blocks and 25 deepwater blocks. Eighteen are active, operated by seven companies, under production sharing contracts. This year Shwe, operated by Korea’s Daewoo International, came on stream, exporting gas to China, with some domestic supply. Shwe Shwe is in 110m water depth, in blocks A-1 and A-3, in the Rakhine offshore area, in the Bay of Bengal. Its reserves are estimated at 4.5Tcf. Offshore facilities comprise a processing platform with 11 wells, and the Mya-North subsea well head, with four wells. Gas export is via a 110km-long, 32in. pipeline. First gas from Mya-North, part of the Shwe development, was in summer last year. On 16 January, operator Daewoo International announced first gas from Shwe, from the first of 11 production wells. Daily production was recorded at 200MMcf, this is due to increase to 500MMcf as the other wells come on stream. Dockwise was the transport and installation contractor for the 22,000-tonne Shwe jacket, with distributed systems foundation, and 30,000-tonne topsides, constructed at Hyundai Heavy Industry’s fabrication yard in Ulsan, South Korea. Dockwise installed the topside through a floatover using

COOEC’s HYSY229 installation launch barge. Cable supplier JDR delivered a 13,650m-long production control umbilical for the Mya-North tieback, manufactured at JDR’s Sattahip, Thailand facility. FMC provided a subsea control system on the five-slot subsea manifold, in 186m water depth, 12km from the Shwe platform. In June last year, KCA Deutag secured a two year operating and maintenance drilling services contract for the Shwe platform with Daewoo International. Partners on Shwe are Daewoo International (51%), ONGE (17%), GAIL (8.5%), KOGAS (8.5%), and MOGE (15%). According to a note by KDB Daewoo Securities, dated December 2013, Daewoo International plans to start exploring the AD-7 Block, in the Rakhine offshore area, in 2015. The note says: “If the block’s recoverable reserves are at least 3-4Tcf, a gas liquefaction plant may be built (or a piped natural gas facility if production is smaller).” The future Chevron, BG Group, Statoil, Woodside Energy, Shell, and ENI, were among the preferred bidders in the 2013 Offshore Licensing round, announced in March. More than 60 proposals from 30 companies were submitted for the round, comprising 42 proposals for shallow water blocks and 22 proposals for deep water blocks. In total, 30 production sharing contracts for offshore blocks had been due to be awarded in the round. In March,20 shallow and deepwater blocks were offered, with ratifi cation expected following detailed agreements with the Ministry of Energy, and more blocks expected to be offered.

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DOCKWISER 11

The new multipurpose offshore services vessel, the Ndeavor, working on the Malampaya project.

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OFFSHORE ENERGY FEATURE A WORLD HUNGRY FOR ENERGY 14 - 15

INCREASING PROJECT COMPLEXITY 16 - 17

LNG MARKET GROWTH 18 - 19

DOCKWISER 13

OFFSHORE ENERGY FEATURE

HUNGRY FOR ENERGY FUTURE OIL AND GAS TRENDS A new chapter is starting to emerge in the energy renaissance - one focused on the effective execution of capital projects. As the size and complexity of capital projects grows, the ability to execute becomes a critical competency for many companies. Read below Deloitte’s perspective on trends for the coming years. In a world hungry for energy, oil & gas will continue to enjoy strong demand. Against this background Deloitte decided to review the industry fundamentals. Deloitte’s findings supplemented by expert perspectives from our partners, clients, and industry experts point to five shaping trends for the coming years: • Increasing project complexity - ‘Learning to Love Complexity’ • LNG market growth – ‘Offshore Gas Super Projects: back on the shelf?’ • The rise of new and unconventional supply • Resource nationalism • NOC expansion The 20% increase in O&G production towards 2030 will be driven almost solely by the offshore industry illustrating the importance of the industry. Oil Field Services companies (OFS), Engineering and Construction companies (E&C) and International Oil Companies (IOC) will have to identify their winning strategies in this world of future opportunities. In this edition of the Dockwiser, we share Deloitte’s perspective on ‘Increasing Project Complexity’ and ‘LNG Market Growth’.

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NEW AND UNCONVENTIONAL SUPPLY

MANAGING PROJECT COMPLEXITY

LNG MARKET GROWTH

FUTURE OIL AND GAS TRENDS

NOC EXPANSION

RESOURCE NATIONALISM

For more in-depth information, please visit deloitte.com

DOCKWISER 15

OFFSHORE ENERGY FEATURE

PROJECT COMPLEXITY LEARNING TO LOVE COMPLEXITY The offshore sector is one of the most complex businesses in the world. Many, highly diverse, companies - from oil super majors to small service providers - have to work together seamlessly in circumstances that are highly unnatural to man. Nevertheless the sector is pretty successful and is as such a major contributor to a safe and prosperous world. However, based on 40 Deloitte interviews of executives of offshore oil & gas companies across all continents and every stage of the value chain, we conclude that complexity of the offshore value chain will continue to grow substantially in the next decade. We think four factors will drive this trend. Deeper and Remote First, as is well known, the days of easy oil are over. In order to supply the world with 50% more energy by

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2025, the sector will have to go all out to find and produce more oil and gas. Already today, a large part of the worldâ&#x20AC;&#x2122;s 150 mega offshore projects are in technically complex areas like Brazil (22 mega projects), West Africa (37) and the Arctic (6). And with the majority of offshore reserves in deep water off Brazil and Western Australia, the share of complex projects will surely increase. Demanding NOCs Second, as locations of operations disperse, National Oil Companies (NOCs) will become more demanding. Brazil is a case in point. It may require as much of 80% of local content under new legislation. Contractors now either have to deal with local suppliers, set up their own operations or negotiate waivers with the Brazilian government, one of the most complex systems in the world.

Demanding Governments Third, Western countries as well, are getting more demanding. As any big business, think of banking, the industry operates under a magnifying glass. The US government not only enforces environmental, anti-corruption and safety standards on oil companies. It also holds them responsible for all the behavior of all their contractors. Risk Management Finally, the days are over that E&C companies can shift risks to the oil companies and governments via reimbursable contracts. Lump sum is back and probably for good. A glut of new equipment, ordered before the financial crisis, is coming on the market now, increasing buyer power. And competition will further intensify as China scrambles for resources.

Actors will have to raise the bar. Though some will achieve this on their own, increasing complexity may very well trigger a new round of industry consolidation.

â&#x20AC;˘

MARIJN VAN DE VEN Senior Manager at Deloitte

DOCKWISER 17

OFFSHORE ENERGY FEATURE

MARKET GROWTH OFFSHORE GAS SUPER PROJECTS: BACK ON THE SHELF? The global natural gas market production is going through fundamental changes. Four years ago, anyone proclaiming a role for the United States as a gas exporter would have been ridiculed. Conventional wisdom said ‘gas reserves are depleting and prices will remain volatile’. Today, the abundance of shale gas reserves has nobody worried about supply shortages any longer and prices only show a downward trend. Impact of cheap Shale Gas At Deloitte we asked ourselves to which extent cheap shale gas, now trading below USD 25 per barrel of oil equivalent (boe) in the US, could also impact the offshore oil & gas sector. To answer this question, we used Deloitte’s proprietary World Gas Model, which helps to understand volumes and prices per region.

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In a world without US shale gas exports, the model suggests, prices in the US itself will rise as more assets switch from oil and coal to gas. Even so, prices will still remain 50% below the European and Japanese levels of USD 60/ boe. Consistently high prices outside the US mean a doubling of LNG production by 2030. Offshore gas output will help Australia to surpass Qatar as the world’s largest LNG producer in the next few years. Shale Gas Exported To imagine what happens if US shale gas is exported (e.g. through the new Kitimat export terminal or the Sabine Pass LNG facility), we modeled the impact of 6 billion cubic feet per day (Bcfd) in US gas exports; this is less than 10 percent of US production. As expected, prices in the US would go up, while

those in the rest of the world would go down. But the effects are relatively modest: gas in the US would become no more than USD 0.8/boe dearer and gas in Europe and Japan would be up to USD 3.3/boe cheaper than in the no-exports scenario. LNG projects in Australia The main victims of these US gas exports will be the LNG projects in Australia, Indonesia and Brunei. With costs over $70/boe these are already among the most expensive gas projects in the world. West African LNG and North African and Russian natural gas exports will also be impacted. With a negative price outlook and wellpublicized costs overruns in Australia, a number of offshore mega projects have already been cancelled: Browse, Pluto (Australia) and Shtokman (Russia). Given the long development cycle, the required consensus among the partners, the involvement of many different

Canada

573 RUSSIA

665 ALGERIA

Mexico

285

1,115

CHINA

707

545 245

BRAZIL AUSTRALIA

802

ARGENTINA

437

390 SOUTH AFRICA

parties (gas supply, liquefaction, marketing) and complex nature of final investment decisions (contingent upon the solidity of the many agreements that underwrite the economic viability of the project) these offshore gas projects are expected to suffer from possible delays.

SHALE GAS RESERVES ALL OVER THE WORLD FIGURES IN TRILLION CUBIC FEET

June 2013 - Source: U.S. Energy Information Administration

Will offshore gas super projects be shelved again? No, Japan and China are still hungry for gas and they are willing to pay premium dollars to secure supply. But when US shale gas exports do materialize, they will result in a global rebalancing of gas flows that will reduce the appetite to invest in offshore gas super projects.

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PETER SANDERS Director at Deloitte

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BOSKALIS OFFSHORE ENERGY DIVISION

UNRIVALED OFFSHORE ENERGY SOLUTIONS Boskalis, officially Royal Boskalis Westminster N.V., is a leading global services provider operating in the dredging, maritime infrastructure and maritime services sectors. The company provides creative and innovative all-round solutions to infrastructural challenges in the maritime, coastal and delta regions of the world with the construction and maintenance of ports and waterways, land reclamation, coastal defense and riverbank protection. In addition, Boskalis offers a wide variety of marine services and contracting for the international offshore energy sector including subsea works, heavy transport, lifting, installation and IRM. It also has a strategic partnership in oil and gas terminal services (through Smit Lamnalco)

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and provides offshore cabling services (through VBMS). With a versatile fleet of over 1,000 vessels, Boskalis operates in around 75 countries across six continents.

SMIT, Dockwise and Fairmount, the company is well-equipped to provide clients in the offshore energy sector with exceptional services clients have come to expect.

Meeting Clients’ Requirements For over 100 years, Boskalis has helped clients’ meet some of the toughest challenges. Since 1910, the company offers cutting edge solutions to meet clients’ specific marine requirements. The company’s established track record includes a wide variety of demanding projects that underpin the company’s reputation, such as the construction of the Gorgon LNG Export Material offloading facility in Australia and the expansion of the port of Rotterdam, Maasvlakte 2. Following the integration of

Offshore Energy division The Offshore Energy division of Boskalis provides innovative and sustainable turn-key solutions for clients in the energy market. Under the brands Boskalis, Dockwise, Fairmount and SMIT, the company is uniquely positioned to offer combined services that are unmatched in the industry. The Offshore Energy division is active in various submarkets: Exploration & Development, Production Shallow and Deep Water, Refining & Processing, Renewables, Ports & Marine. For these sub-markets, the company

provides various services such as heavy marine transport of offshore production platforms, installation of offshore structures, logistical management of industrial modules, installation of subsea infrastructure, light IRM and decommissioning to name a few. Engineering hubs are strategically positioned throughout the world to support client’s regional needs. In addition, in-house project management, risk management, procurement and SHEQ professionals contribute to seamlessly deliver total package solutions. Boskalis adds value by developing innovative, best-for-project solutions, and by optimizing the process through (parallel) design, permitting and execution. Planning, engineering and construction tend

to involve numerous disciplines and contractors. This may result in complex interfaces with associated cost and time risks. The company can streamline the execution by managing subcontractors, eliminating interfaces and/or acting as a specialist subcontractor. Depending on the client’s requirements, Boskalis is able to offer tailor-made solutions in the global offshore energy industry.

Read more about Boskalis Offshore Energy.

Safe and Reliable Safe and reliable operation is essential. But the work of Boskalis goes beyond the provision of services. With safety as a core value Boskalis has uncompromisely embraced safety within its culture. This is the essence of ‘NINA’, the No Injuries, No Accidents safety program.

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DOCKWISER 21

ENERGY SOLUTIONS

EXPLORATION & DEVELOPMENT

PRODUCTION – SHALLOW WATER

Dry transport

Platform transport & installation

Wet tow

Launch and installation of jackets

Mooring installation & hookup of semi-submersible rigs

Marine support of construction vessels

Subsea IRM & UWILD

Power cable laying & umbilical installation

Offshore dry-docking

Seabed intervention & subsea rock installation Subsea IRM & light construction Platform & subsea structure decommissioning Landfall pipeline construction

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PRODUCTION – DEEP WATER Dry transport Wet tow Mooring installation & hookup Riser & turret installation of FPSOs and FLNGs Offshore dry-docking Topside module installation Marine support of construction vessels

'TELL US ABOUT YOUR CHALLENGES'

REFINING & PROCESSING

RENEWABLES

PORTS & MARINE

Logistical solutions for dry transport of modules

Monopile & platform transport and installation

Dry transport of barges, vessels, cranes

Land reclamation & port construction

Launch and installation of jackets

Transport & installation of bridge or tunnel sections

Landfall construction for pipelines

Marine support of construction vessels

Terminal services

Power cable laying

Land reclamation & port construction

Seabed intervention & subsea rock installation

DOCKWISER 23

DOCKTALK

AT THE HELM INTERVIEW WITH OLEG MARYASOV, CAPTAIN OF THE DOCKWISE VANGUARD

The is the worldâ&#x20AC;&#x2122;s largest semi-submersible heavy transport vessel (HTV) capable to transport colossal offshore structures for the oil and gas industry. As the most innovative semi-submersible heavy transport vessel ever built, the Dockwise Vanguard is redefining the limits of exceptional heavy marine transport. The game changing vessel has been specifically built to enable oil and gas majors and EPIC contractors to consider design and transport opportunities for mega offshore units, which were considered unthinkable until recently.

Being the Captain of one of the most impressive and unique vessels in the world, can you describe your responsibilities? I am end responsible for the Dockwise Vanguard. Chiefly, I am responsible to ensure the safety of our people, the cargo and the vessel at all times. Having safety being topof-mind ensures the crew adheres to the stringent procedures in place. Irrespective of whether we are loading, transporting or discharging cargo, open and seamless

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communications are essential to ensure operations are performed as expected. What was your reaction when first seeing the Dockwise Vanguard? When I first saw the Dockwise Vanguard at the Hyundai Heavy Industries yard, I was impressed with the vesselâ&#x20AC;&#x2122;s size. Measuring 275 by 70 meters, the vessel is larger than the previous vessel I navigated, the Blue Marlin. Next to the sheer size of the vessel, I was concerned

with the height of the bridge tower, in particular, the acceleration behavior of the accommodation block. We soon realized, however, that the acceleration of the tower was not a concern as she was built as solid as they get. Furthermore, the bowless design was also something that required getting used to. Due to the asymmetric design, the navigation bridge and the accommodation block are located on the extreme

Oleg Maryasov, Captain of the Dockwise Vanguard, has nearly 20 years’ experience navigating semisubmersible heavy transport vessels. Prior to the Dockwise Vanguard, he has navigated the Blue Marlin, the second largest semi-submersible HTV. Mr. Maryasov holds an Engineering Degree from the Maritime Academy from St. Petersburg, Russia.

starboard side. Much like an aircraft carrier, the Dockwise Vanguard makes use of the entire length of the deck to load and transport cargo. Today, we all have become accustomed to the size along with the asymmetric and bowless design of the vessel. How does the Dockwise Vanguard differ from other semi-submersible heavy transport vessels? The Dockwise Vanguard is unique in many ways. The vessel’s bowless design contributes to its unique appearance when compared to the other heavy transport vessels. In this way, she is capable to transport, for example, long spars and FPSOs that occupy the entire length of the vessel facilitating for an overhang at both stern and bow.

In addition, the vessel has a dedicated design for ultra-heavy units weighing up to 110,000 metric tons. Optimized deck strength and extreme wide-load capabilities are at the heart of the design philosophy; as are the vessel’s stability characteristics. It is equipped with a 27 MW redundant propulsion system consisting of two fixed propellers at the aft and two retractable azimuth thrusters at the bow. These can reach a maximum transit speed of 14 knots, which translates to average service speeds of 11-13 knots with cargo. In addition, the vessel allows for 16 meters water above deck, accommodating cargoes with a deeper draft.

Was the maiden voyage, transporting the Jack & St. Malo, a unique experience? The maiden voyage felt like a routine operation for the crew. Although being a very large hull weighing 56,000 metric tons, the Jack & St. Malo transport was business as usual. We transported the hull from Samsung Heavy Industries yard in Geoje, South Korea to Kiewit yard in Texas, United States. Besides being the largest hull ever transported, mooring the vessel at the quayside in Corpus Christi was unique. The mooring winches on the vessel are located on the casings, which stand more than 30 meters above water. Usually, for HTVs, we drop anchor and stay at tanker and seldom moor at quayside.

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DOCKWISER 25

CREATING NEW HORIZONS TOGETHER

SOLUTION

UNRIVALED MODULE TRANSPORT MANAGEMENT

The Dockwise Swan loaded with two Floating Super Pallets (FSPs).

The Dockwise Hybrid Solution is a unique module transport concept unrivaled in the industry. It features the accelerated transit via on-deck stowage with heavy transport vessels (HTVs), schedule flexibility provided by piggyback transportation and the convenience of wet tow for shorter routes using tug and barge. Cost Effective Solution The Hybrid Solution draws from the comparative advantages of each transport method to produce an efficient, cost effective solution with lower overall project risk profile. By making full use of a diverse range of assets, Dockwise is able to offer a tailor-made transportation solution that can be completely designed, sourced, engineered and managed in-house.

26 DOCKWISER

WATCH OUR MOVIES AT DOCKWISE.COM

Transporting a large quantity of modules across oceans requires a logistical management approach that is technically proven, flexible and adheres to a module schedule plan. Above all, an unwavering commitment to safety is at the epicenter of all activities.

“Our safety culture is deeply embedded at Dockwise,” comments Ronald Goetheer, Sr. Project Manager at Dockwise. “Since the inception of our Logistical Management services, I am proud to state that Dockwise has encountered zero lost time incidents.”

World Class Project Experience Dockwise is currently implementing a tailor made Hybrid Solution for a mega project consisting of module transport services for over 100 modules from multiple fabrication yards to the project site. To complete the scope of activities, the full breadth of heavy marine transport assets including HTVs ranging in size from T-Class to Type IV open stern vessels, barges, piggyback barges, two new Smit Giant barges and Anchor Handling Tugs (AHTs) have all been made available. With logistical management experience and heavy marine transport expertise, Dockwise

INTERVIEW WITH KATHRYN LEWTON-JONES Sales Director Projects at Dockwise

works in collaboration with clients to come up with a tailor-made solution.

“We understand what is required to optimize the module transport for a project,”

exchange at Pre-FEED and FEED stages. This leads towards schedule optimization, and also supports the construction methodology and selection of fabrication yard(s). In house experts, such as transport engineers and project managers, are assigned to work closely with clients at an early stage.

comments Kathryn Lewton-Jones, Sales Director Projects. “This is done with not only a broad and flexible asset base, but by having a close relationship with our client and understanding its project drivers, along with mutual trust, excellent communication and planning.”

“Working in close cooperation

Early Engagement Working together with clients at an early stage facilities knowledge

Hybrid Solution Breakdown The Hybrid Solution draws on three pillars to provide turnkey module

with our clients at an early

phase significantly contributes to the success of a project,” adds Kathryn.

transport solutions of which each offer unique benefits for clients. Flexibility and schedule clarity are at the heart of the philosophy allowing for clients to rest assured that the transport of industrial modules is managed in the most optimal fashion by making use of piggyback, direct on deck and wet tow transport methods. The HTVs provide on-deck stowage for modules, as well as piggyback capacity for barges also carrying modules, whilst the Smit Giant barge and AHT combination can be used as a wet towage solution. By combining the comparative advantage of each transport solution and using the broad expertise across the Boskalis group, a total logistical management and transportation solution can be presented that is designed to cope with changes in the schedule by optimizing use of diverse assets.

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DOCKWISER 27

TECHNOLOGY FOCUS

ON THE BLOCK

NDEAVOR TAKING COMMAND AT MALAMPAYA The new multipurpose offshore services vessel, the Ndeavor, working on the Malampaya project.

Boskalis is currently working on one of the most challenging offshore energy projects in its history. The Malampaya project marks a Boskalis’ first in which the company’s offshore expertise and assets have been combined to provide Shell with a turnkey solution.

Boskalis is responsible for the seabed preparation - excavation and rock placement - as well as for the Transport & Installation (T&I) of a new offshore platform at the Malampaya gas field, off the island of Palawan, under a contract with Shell Philippines Exploration. The turnkey solution includes rock installation, earth moving, tow out, installation of the new platform, ballasting of the legs, install the iron ore to give stability and the bridge installation between the new and existing platform.

28 DOCKWISER

Ndeavor The project involves the use of a new multipurpose offshore services vessel, the Ndeavor. The vessel is 99 m long, 30 m wide, has a 4.7 m draught, and weighs 7,500 DWT. The new vessel was delivered in November 2013 and, was designed with the Malampaya project in mind. Conventional methods for the project, such as using multiple activity specific vessels, would have resulted in a less than optimal solution. By using the Ndeavor, Boskalis has combined a handful of activities. In this way, the client’s

financial and logistical burden are reduced. The vessel is unique in today’s offshore installation world. The vessel is equipped with a dynamic positioning system, modular ballasting system, modular dredging system, fall pipe, side dumping facility, capacity to transport up to 4,500 tons of rock and equipped with state-ofthe-art measuring equipment for underwater precision work. In addition, the vessel has a one hundred ton active heave compensated crane and a helideck.

Project Scope The Ndeavor will be able to handle the entire scope in the first phase of the Malampaya project that includes preparing the seabed for the installation of the Depletion Compression Platform (DCP), which will involve excavating down to various depths. The next phase, Boskalis Offshore Energy will wet tow the DCP to the location, position and install the unit using anchor handling tugs. Temporary equipment will be installed on the DCP. Installation

will involve coordinating motivated subcontractors to perform the grouting operation and constant surveying the platformâ&#x20AC;&#x2122;s position to ensure a seamless installation. To stabilize the platform, dense iron ore gravel ballast is put into all four footings following the installation. Rock, for scour protection, and sourced from local quarries, will then be placed around the footings. The Ndeavor will take command during the positioning of the new platform and transportation of the iron ore ballast. Then, a permanent

bridge, linking the gas production platform to the new DCP, will be installed between the two platforms. A second bridge will be installed giving temporary access from the bay to the platform. To install the permanent bridge, a Barge Master motion-compensated platform lifting system will be fitted on the aft of Ndeavor. It will then sail out to location. Once onsite, the bridge will be held still by the Barge Master so it can be lifted off safely by two temporarily installed lifting arrangements.

â&#x20AC;˘

DOCKWISER 29

INDUSTRY PERSPECTIVE

GOING OFFSHORE DRILLING ACTIVITIES SOAR

The Dockwise Blue Marlin arriving at Singapore’s ATTV anchorage to offload Transocean’s semi-submersible rig Polar Pioneer.

Can you describe today’s offshore drilling landscape? The drilling landscape has been transformed during the last 15 years in many different ways. We have witnessed the construction of ultradeepwater 5th generation rigs being delivered between 2000 and 2008 moving the water depth capabilities from about 4,000 ft to a range of 5,000 ft to 10,000 ft primarily for the golden triangle of the Gulf of Mexico, Brazil and West Africa. Recent drilling activity of the oil companies moved rapidly into deeper water depths, resulting in an accepted norm for development operations in 9,000 ft water depth in a time span of only six years. Due to the expansion of activity in deeper water based on the

30 DOCKWISER

hydrocarbons discovered and other geographical areas being explored such as East Africa and offshore India, a raft of new deep water rigs were built and delivered. In addition, the 6th and 7th generation rigs currently being built are now outfitted with two each of seven or eight ram Blow Out Preventers (BOP), 12,000 ft water depth capable and some prepared for 20,000 psi well bore operations with a 1,250/1,450 ton load-path to enable running heavy casing strings to secure the wells. There are approximately an additional 50 ultradeepwater rigs that are currently under construction industry-wide and scheduled to be delivered before 2017, which will result in a total global fleet of about 190 ultradeepwater rigs.

Also the jack-up fleet has witnessed tremendous growth. The enhanced capable jack-ups are scheduled to increase from around 140 in 2013 to about 220 in 2017. Many of the newly built jack-ups will be replacing the older global fleet of about 216 of over 30 years based on their enhanced capability and by Operators requiring the age of their contracted rigs to be less than 15 to 20 years. What developments are driving Transocean’s growth? Transocean is a technical leader and innovator and has achieved many industry firsts. Transocean developed the dual activity ultra-deepwater drillships of which the first rig, the Discoverer Enterprise, commenced her operations in 2000 in the Gulf of

INTERVIEW WITH WILLY BRANDT Director of Customer Accounts and Advisor to the COO at Transocean

Willy Brandt, a Dutch National, is currently Director of Customer Accounts and Advisor to the COO of Transocean based in Geneva, Switzerland. He has held various technical and managerial positions during field and corporate assignments in West Africa, Middle East and Far East, Europe and the United States since 1975. Prior to the merger between Sedco Forex Schlumberger and Transocean, he was Vice President of Marketing and New Build Construction. His career spans 39 years of direct exposure to most key aspects of the oil and gas drilling. Mr. Brandt holds an Engineering and Business Management degree.

Mexico. The technical engineering and operations group within Transocean have a wealth of experience and know-how in all aspects of the technical requirements of these rigs and the means to operate successfully within the environments these rigs are being deployed. The engineering group not only supports the active rig fleet, but they also set the technical standards and manage the newly-builts currently under construction in the shipyards in Singapore and South Korea. What role does Transocean play in ultra-deepwater drilling? Transocean has a top position in the ultra-deepwater market segment with the largest group of high-

spec floaters and a global footprint supported by significant business relationships across our customer base. The size of our operations with industry-leading capabilities gives Transocean the means to reinvest into the right opportunities. As a result, Transocean has a tremendous revenue backlog, the majority of which is based on ultra-deepwater floaters. To increase Transocean’s and our customers rig up time, Transocean has teamed up with Shell to develop a new BOP with the aim to be fault resistant and tolerant that can be retrofitted onto an existing rig. The goal is to eliminate BOP control system downtime, which for 2013 represented about half of Transocean’s equipment related downtime.

Having set the world water depth record, what does this mean for Transocean? The water depth drilling record is a logical extension of Transocean’s technical and engineering capabilities which have been established over a period of 50 years. Most of the critical assessments are supported by in-house expertise and properly evaluated to understand the relevant issues of moving our rigs into “unchartered waters”.

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DOCKWISER 31

CREATING NEW HORIZONS TOGETHER

OFFSHORE

FLOAT-OVER INSTALLATIONS FURTHER OFFSHORE

The SylWin Alpha mega sized HVDCT platform topside.

Offshore wind farms in the North Sea are experiencing increased interest, particularly installations further offshore. Thanks to innovative technology coupled with harsh environments, wind farms are being installed further offshore to harness winds that outperform wind farms near shore. Larger Platform Offshore platforms increasing in size and weight is a trend not only witnessed in the oil and gas industry, but is also seen in the renewable energy industry. Until now, offshore wind farms located near the coast have been connected to the grid using conventional alternating current (AC) transmission systems. This approach is recognized as more economical for distances under 80

32 DOCKWISER

kilometers. As wind farms are now reaching further distances offshore, direct current energy is lost due to reactive power losses at the submarine cableâ&#x20AC;&#x2122;s insulation layer. High voltage direct current transmission (HVDCT) technology, on the other hand, does not suffer from such losses, and can thus outperform AC systems at distances over 60 kms. Large quantities of direct current can be transmitted over hundreds of kilometers with almost no losses. Therefore, conversion platforms are finding a place in the design philosophy of wind farms located further offshore. Not only can the huge platforms weigh five times as much as their predecessors; they can also be

located five times further from the coast. In addition, the platforms can be erected in water that is twice as deep (i.e. 40 m) and they can generate twice as much output (730 MW) on average. Giant in the North Sea In a recent project, Dockwise installed the SylWin Alpha mega sized HVDCT platform topside, built by Siemens, weighing 15,200 mt in the German Bight of the North Sea. The facility is as tall as a 10-story building and weighs as much as 25 fully loaded Airbus A380 passenger planes. The SylWin Alpha HVDCT platform will convert energy for the DanTysk, Sandbank and Butendiek wind farms, which together comprise 240 wind turbines and represent a

VIEW THE PHOTO GALLERY

INTERVIEW WITH MARIS PAAP Project Manager at Dockwise

generating capacity of 864 megawatt for the Dutch power grid manager TenneT. This giant of the North Sea can be expected to make a contribution to generating zerocarbon electricity. As a contribution to sustainable energy provision, Northern Europe already has 40 offshore wind farms in operation, another 40 are expected to be installed in the coming decade. Offshore farms are picking up wind and are well on track to increase the share of renewable production for Europe’s power grid. Float-over installation The Dockwise float-over solution included engineering and design for the float-over operation located 70 kms from Sylt, Germany.

Dockwise designed and supplied all float-over equipment and used Boskalis assets such as tugs and critical survey equipment. The barge, provided by Nordic Yard, was prepared for the operation and subsequently towed to site to perform the float-over. Afterwards, the barge was towed back and reinstated.

“A focus on safety was

leading through all phases of the operation resulting

North Sea First The HVDCT station is the first topside of its kind to be installed in the North Sea by means of a float-over. “We are proud to have been the world’s first to successfully install a wind farm converter station by means of a float-over,” adds Maris. “Despite the challenging conditions in the North Sea, we were able to successfully install the SylWin Alpha topside with commitment and support of all parties involved: Seaway Heavy Lifting, Siemens and TenneT.”

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in an injury-free project,” comments Maris Paap, Project Manager at Dockwise.

DOCKWISER 33

DOCKTALK

INGENIUM PERFECT HOLIDAY ACCORDING TO AN ENGINEER

R 2 R

If you find the above picture amusing, appealing or if you feel the need to add some more vectors or numbers, chances are that you either are an engineer or that you possibly married one. Engineers are people that are educated to resolve complex technical challenges (from the latin â&#x20AC;&#x153;ingeniumâ&#x20AC;? meaning cleverness). Within Dockwise, approximately 100 discipline engineers make an effort every day to help realize the inconceivable by providing high level engineering services whilst being client oriented. Engineering Disciplines The disciplines represented within Dockwise are Computer Aided Design (CAD), Transport Engineering (TE), Marine Engineering (ME) and Structural Engineering (SE). A CAD engineer makes technical drawings in various details for all projects that we carry out. Drawings of vessels, cargo, equipment and operations are established by sophisticated CAD software. A TE engineer charts most phases of Dockwise operations from a technical perspective. A TE engineer typically assesses cargo stowage and seafastening

34 DOCKWISER

as well as vessel ballasting. Key words are vessel stability and motion characteristics. An ME engineer focusses more in depth on the motion characteristics of our vessels during operations (mooring, transport and floatover for instance). In-depth assessments of interactions between vessel and wind/wave/ current factors are essential. An SE engineer focusses on the structural integrity of our vessels, equipment and sometimes cargo as well during all phases of our operations.

Global Hubs Besides the diversity in engineering disciplines, Dockwise has three main engineering hubs around the world: Breda, Houston and Shanghai. Taking advantage of the fact that engineering is an international language on its own, these hubs enable the engineering process to continue around the clock when considering the various time zones. Communication between engineers is of primary importance. An additional advantage is that engineering support can be delivered much closer to our clients, thereby enhancing client centricity.

FZ 1

0 69 42 Km h

FX 1

DOCKTALK WITH BART HORSTEN Engineer at Dockwise

Bart Horsten is a Lead Structural and Marine Engineer. He is responsible for leading the Structural Engineering and Marine Engineering teams of Dockwise in Breda, the Netherlands. Prior to his current assignment, Bart was researcher at Delft University where he received his Masterâ&#x20AC;&#x2122;s degree and finished his PhD at the Aerodynamics Department. Having worked for the Aerospace Industry for some time, Bart decided to change course and joined Dockwise in 2010.

External & Internal Customers During their work, engineers have multiple customers such as contractors, marine warranty surveyors, classification societies and sometimes even port authorities all fall within our scope. Next to external customers, internal customers include our commercial department, tender department, project team, fleet, operations or even other engineering disciplines requesting clarifications. From this extensive list, it will be clear that the force field between these parties will sometimes lead to compromises on

time lines and/or technical detail. To deal with that from a technical point of view requires years of experience. Disciplined engineers refuse to compromise on engineering quality as it is directly related to the safety of our colleagues and cargo on board.

of operational margins during voyages are areas we focus on.

â&#x20AC;˘

Research and Development Besides project related work, Research and Development (R&D) activities are carried out as well. To name a few typical R&D projects in our portfolio, offshore discharge, offshore dry-docking and the study

DOCKWISER 35

INDUSTRY PERSPECTIVE Anton Dibowitz was appointed Chief Commercial Officer and Senior Vice President in January 2013. He has 15 years experience in the drilling industry most recently serving as Vice President Marketing and prior to that as Commercial Director, Deepwater Western Hemisphere Division, since joining Seadrill in April 2007. Prior to Seadrill, Anton held various positions ranging from the field of taxes to process engineering and marketing at Transocean and Ernst & Young LLP. He is a Certified Public Accountant and a graduate of the University of Texas at Austin where he has a bachelor’s degree in Business Administration, and two master’s degrees in Professional Accounting (MPA) and Business Administration (MBA). Mr Dibowitz is a US citizen and resides in London, England.

How is Seadrill managing the surplus of drilling assets in relation to the current market demand? We are in a cyclical business, this is not the first cycle we have experienced and it will not be the last. Over the last year we have seen a slowdown in demand growth primarily by the desire of oil companies to reduce spending. This has come about due to stable but flat commodity prices over the last few years accompanied by significantly increased CAPEX spending by oil companies with little or no corresponding increase in production. Reducing exploration drilling is one easy way for oil companies to cut spending, but it is a short-term fix for them to do this.

36 DOCKWISER

While oil companies are currently choosing to reduce spending, there remains a demand for high specification rigs operated by drilling contractors. Significant new capacity has been added to the market over the last few years so we will need to let the demand catch up with the development of the supply side. With a number of newbuilt and high specification units available, we see that these rigs will continue to be utilized at the expense of both pricing and utilization of older and few capable ultra deepwater units, which are almost 15 years old. Contractors working these rigs face difficult decisions due to significant capital expenditures in order to keep these units working.

Ultra deepwater developments have increased in the past decade. How is Seadrill positioned to harness tomorrow’s ultra deepwater drilling opportunities? With 22 ultra deepwater units having been delivered or acquired in the past seven years, an average floater fleet age of four years and nine ultra deepwater units still to come, we are extremely well positioned, which provides access for our customers to resources which are deeper and more technically challenging than ever before and therefore require the latest generation equipment and technologies. Seadrill’s operational experience, our footprint and the sheer scale of our operations offer our customers added benefits. We

OF THE CURVE

OFFSHORE DRILLING ACTIVITIES SOAR INTERVIEW WITH ANTON DIBOWITZ, CHIEF COMMERCIAL OFFICER AND West Telesto onboard the Dockwise Target.

have established operations in all the major oil basins so we can meet our customers’ demand wherever they need us. That scale and a standardized fleet allows us to effectively maintain a fleet of capital equipment and spare parts to support worldwide operations. For example, when one of our rigs recently suffered difficulties with its Blow Out Preventers (BOP), we were able to transfer a full BOP system from our fleet spares to this operating unit. This resulted in a significant reduction in the downtime that otherwise would have occurred. Being able to have access to this type of equipment when needed is simply not possible without a standarized fleet of a significant scale.

SENIOR VICE PRESIDENT AT SEADRILL

How has acquiring the majority stake in Sevan Drilling contributed to the future of Seadrill? Seadrill has held a strategic stake in Sevan for some time and witnessed first-hand customer’s interest in Sevan’s axi-symmetric drillship design. The design allows for efficient cost effective construction, provides large variable load ability, omni-directional weather capabilities, high storage capacities, a protected load path, and allows the option to fit anchor chains if desired.

for operation in harsh environments (ice). Finally taking a majority stake in Sevan Drilling was driven by both commercial and synergistic considerations. For Sevan and its existing customers, access to Seadrill’s systems and scale allows Sevan to leverage many of the same benefits that I mentioned previously, this in turn allows Seadrill to leverage added value from our investment.

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Seadrill and Sevan are also looking into several evolutions of the design. Changes include variations in hull form to improve motion characteristics, increased deck space and carrying capacity and potential adaptation of the design

DOCKWISER 37

OUR FLEET BARGES

DREDGERS Trailing suction hopper dredgers

Capacity > 6,000 m3

Capacity ≤ 6,000 m3

Cutter suction dredgers

Hopper barges

Oceangoing flat top barges

Capacity ≤ 12,000 kW

Capacity 21,000 tons

Backhoes

Oceangoing flat top barges

Capacity from 1,000 to 14,000 tons

Bucket capacity from 1.4 to 24 m3

Inland barges

Grab capacity from 1.2 to 9.2 m3

Other dredging equipment

(semi-submersible)

Capacity > 12,000 kW

Floating grab cranes

Capacity from 50 to 3,800 m3

Capacity from 100 to 2,000 tons

Bucket dredger, environmental disc cutter, stone placing vessels, barge unloading dredgers, suction dredgers

SEMI-SUBMERSIBLE HEAVY-LIFT VESSELS Semi-submersible

OFFSHORE VESSELS 23

Fall pipe vessels

Capacity from 18,000 to 24,000 tons Carrying capacity ≤ 110,000 tons Free deck space ≤ 70 m x 250 m Diving support vessels

Air and saturation diving support,

FLOATING SHEERLEGS Floating sheerlegs

Multipurpose / cable laying

Capacity from 400 to 5,000 tons

vessels

MORE THAN 1,000 VESSELS ACTIVE IN 75 COUNTRIES TUGS Anchor handling tugs

Capacity > 2,239 kW

SUPPORT VESSELS

Coastal/Harbor tugs

300

Capacity from 358 to 5,224 kW

LAUNCHES, WORK/SUPPLY VESSELS

103

Harbor/river (pusher) tugs Capacity from 75 to 2,089 kW

OUR WORLD

Offices Projects & operations

OUR BRANDS

The Dockwiser is a publication of Dockwise. For more information, please contact: +31 (0)76-548 41 00 | communication@dockwise.com | www.dockwise.com Project Management Daniëlle Biermans Editors a.o. Elaine Maslin Contributors Offshore Engineer, Deloitte, Transocean, Seadrill Photography a.o. René van der Kloet, iStockphoto, Shutterstock

IS SUE 14 OFFSHORE ENERGY 2 014

REALIZING THE INCONCEIVABLE TOGETHER