innovative subsea epcic contracting by alliance for better

MCE Deepwater Development 2017

NH GRAND HOTEL KRASNAPOLSKY • AMSTERDAM • 3-5 APRIL 2017

Innovative Subsea EPCIC Contracting

by Alliance for Better and More

Predictable ROI

Karim JAN

Subsea Integration Alliance

MCE Deepwater Development 2017MCE Deepwater Development 2017

Integrated SPS+SURF Project Delivery

is becoming normal…..

….. with different approaches:

- by providers

- by operators

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MCE Deepwater Development 2017

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MCE Deepwater Development 2017

A Recap from One Year Ago

MCE Deepwater Development 2017

Initial Aspirations & Challenges

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MCE Deepwater Development 2017

Integrated SPS+SURF Today

Integrated projects in execution phase

Different business models: - Single company via M&A

- Consortium

- Prime/Sub- contractor

- Scope transfer approach

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Integrated SPS+SURF Today

MCE Deepwater Development 2017

Current integrated SPS+SURF projects - Learnings

Early involvement imperative

Interface challenges pre-worked

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Improving safety performance together

Internal ways of working further developed

More conversation.

MCE Deepwater Development 2017

Win

Understand it

De-risk it

Refine it

Price it

Commit to it

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Execute

Integrated

Interface

= communicate.

Safety

MCE Deepwater Development 2017

Learnings and Refinement

Building attractive commercial packages

Active, intentional alignment & collaboration

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Part of our “new normal”

Delivering successful projects.

Thank you

Improved return on investment through increased production, enhanced recovery and reduced cost

Karim.Jan@Subsea7.com Phil.Jordan@OneSubsea.com