PowerPoint Template - Sabah Oil & Gas Conference & Exhibition

Report
MISC Advancing Offshore
Solution
By Tuan Haji Abu Fitri Abdul Jalil | Vice President, MISC Offshore Business
Sabah Oil & Gas Conference and Exhibition | 26th May 2014
MISC Strength in Marine and Oil & Gas Industry
MISC Experience In Developing Sabah’s Potential
MISC Journey Continue to Fuel Sabah’s Growth
Questions & Answers
MISC Berhad Strength in
Marine and Oil & Gas
From purely a shipping line to becoming a fully integrated maritime,
offshore floating solutions and heavy engineering services provider
Shipping
LNG Business
Delivers 10% of the world’s LNG with over three
decades of proven operation excellence
Chemical Business
Delivers freighting solutions for vegetable oil &
chemical products
Petroleum Business
A fleet of 74 petroleum tankers that ply
worldwide serving IOCs, NOCs, refiners and
traders. A market leader in lightering operations
for US Gulf ship-to-ship transfers
Oil & Gas
Refineries &
Processing
Offshore Business
A decade of experience in delivering projects
and operating offshore floating facilities
Tank Terminal
Joint venture with Vitol Holding B.V expands
worldwide presence and logistics asstes in 11
countries with a terminal storage capacity of
8.1 million cbm
MMHE Yard
Supports the oil & gas industry through three
core areas: offshore construction, offshore
conversion and marine repair
Supports the demand in the Maritime and Oil & Gas industry
Continue to gain experience in developing various products &
technology offerings
 Construction of
inaugural Mobile
Offshore Production
Unit (MOPU)
specifically for
commercialization of
marginal field
 Malaysia’s first LNG
regasification terminal
 Conversion of own LNG
vessels into FSU
facilities
 Second deepwater
facility for Malaysia
 Able to receive and
discharge LNG
simultaneously
 The first Tension
Leg Platform (TLP)
to be deployed in
Malaysia
 Conversion works
completed at both
MMHE and Keppel Yard
 Largest offshore facility
in Malaysia and South
East Asia
 The third floating
platform for
deepwater fields in
the country
The passion continues in developing and grooming local talents for
capability building
The acquisition is an integral
part to grow energy related
heavy engineering expertise




Specialized petroleum services
provider in supporting the oil
& gas value chain

The only Malaysian yard that builds
deepwater and heavy tonnage
offshore structures
Completed 143 projects for NOCs
and IOCs
The only Malaysian yard that offers
repair, refurbishment services to
energy vessels and conversion of
tankers, offshore rigs into FSOs &
FPSOs
Repaired more than 3,000 vessels



FVSB has exceeded clients expectations
in terms of safety and operation

Operate a fleet of 74 crude oil and
product tankers
Fleet consists of Aframax,
Suezmax, VLCC and mid-range
(MR) tankers, trading worldwide
for IOCs, refiners and traders
A market leader in lightering
operations for US Gulf ship-to-ship
transfer
Entered specialist sectors such as
Dynamic Positioning (DP) shuttle
tankers and marine well
containment logistics
Lost Time Incidents Frequency (LTIF) and Total Recordable Case Frequency (TRCF)
performance achieve Extremely High “World Class Standard”


19,913,419 man hours without LTI
Consistent high uptime of over 99% of all floating facilities
A decade of experience in delivering projects and operating offshore
floating facilities
2004
 FPSO Bunga Kertas
 FSO Angsi
MISC’s inaugural entry
as owner and operator
of offshore floating
facilities.
2006
 FPSO Brasil
 FSO Cendor
 FSO Abu
MISC’s new frontier
into the Brazilian
waters.
2007 - 2008
 FPSO Kikeh (2007)
 FSO Puteri Dulang (2008)
MISC’s significant milestone
in Malaysia’s foray into
offshore deepwater
development and certified
with ISO 9001:2008.
2011 – to date
 MOPU II (2011)
 Semi-Sub FPS
Gumusut Kakap
(2013)
 FPSO Cendor (2014)
MISC’s largest offshore
facility in Malaysia and
South East Asia.
2009 - 2010
 FPSO Espirito Santo (2009)
 FSO Orkid (2009)
 FPSO Ruby II (2010)
 MOPU I (2010)
MISC’s inaugural Mobile
Offshore Production Unit
specifically for commercialization
of marginal field.
Solid foundation in the offshore industry to offer comprehensive
solutions for deep water and small field developments.
Preferred World Class Offshore
Floating Facilities Solutions Provider
 Marked as 5th FPS operator
and owner in the world with
14 assets
 1st Malaysian company in
Brazillian waters
 Owns 50% of the total
floating facilities in Malaysia
 Contributes 20% to
Malaysia’s Oil Production
 A leading O&M operator of
floating facilities in Malaysia
MISC Experience in
Developing Sabah’s Potential
FPSO
Kikeh
FPS
Gumusut
Kakap
Siakap
North
Petai
The first and largest FPSO for deepwater development project in Malaysia
integrated to DTU SPAR, first of its kind to be used outside the Gulf of Mexico
via GAP system.
Largest Semi-Sub FPS in the world fully fabricated and integrated on land.
65% of the total O&M strength comes from the people of Sabah.
Fabrication and lifting of 3 new modules on FPSO Kikeh with > 1,000,000
manhours without LTI.
Commissioining work done on a live floating facility.
MISC Offshore
Unleashing Sabah’s Potential
Sabah Field
29%: Deep water field Structure
21%: Marginal field
9
oil, gas,
6
29%
71%
Gas,
8
4
oil,
5
Gas
condensate,
Gas,
1
condensate,
oil,
1
Deep water field by
hydrocarbon
Opportunity field in Sabah –
Appraising, Developing, Await dev. Approval & Discovery
field
Challenges
2
1
Gas
Oil
oil, gas
oil, gas, cond
Marginal field by hydrocarbon
Sabah
Challenges
 Unprecedented level of capital
commitment
 Increasing technological
challenge
 Small & short-lived resources
 Lack of infrastructure in the urbanity
 Prohibitive development costs
& technological constraints
Sabah Logistics & Infrastructure
The need to adequately up size the infrastructure to
accommodate the entire development
Logistics . Warehousing . Supply base . Vendor Support
MISC Journey Continue to
Fuel Sabah’s Growth
MISC Offshore
The Journey continues to fuel Sabah’s growth
Conventional Floating
Facilities
Vast experience in shallow and deep
water fields
FPSO
10 years experience
Innovative and
Cost Effective Facilities
Marginal field and Improved Recovery
Methods
 Marine Mobile Production Unit
(MaMPU)
 Mobile Water Injection Facilities
(WIF)
Sabah
FSO
10 years experience
MOPU
4 years experience
Semisubmersible
Our floating solution
Reliable . Repeatable .
Relocatable
Questions &
Answers
Thank You

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