samantha borstlap trac presentation

www.tracoilandgas.com

AUSTRALIA DEVELOPMENT

TRAC Oil & Gas Pty Ltd

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Contents:

• TRAC overview

• Why Australia?

• Timeline

• Summary

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Developing in W.A:

•Where we are today

•How we got there

•What still needs done

Things we did well…

Things we did badly…

Support & advice we got along the way…✔

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TRAC Oil & Gas Ltd…

“…is a global provider of

Engineering Support Services

for the inspection and maintenance of offshore and onshore assets in the Oil & Gas industry”

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Oil & Gas Services include:

• Mechanical & Construction

• Electrical/ Fire & Gas

• Inspection & NDT

• Fabric Maintenance

• Access Solutions & Training

• Integrated Solutions

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Typical Contracts…

FPSO - side shell weld repairs

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Typical Projects…

Flare Tower repairs & alterations

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Typical Projects…

Inspection & NDT

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Typical Projects…

Fabric Maintenance/ Painting

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Typical Projects…

Fire & Gas

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Aberdeen, UK Head Office

Perth, AUSRegional Office

Operating Centres (Oil & Gas)Proposed Offices (Oil & Gas)

Norway

BrazilSingapore

TRAC Presence

New Zealand

Africa

Canada

SE Asia

Middle East

UK & Europe

TRAC International

India

China

Finland



Belmont office facility

CLOSE TO AIRPORTS FOR FIFO STAFF

CLOSE TO CITY (OIL & GAS CLIENT BASE)

CLOSE TO SUPPLIERS

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Why Australia…?

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Pro’s

• Market – good opportunity• English speaking• Similar legal/ etc. systems• “Pleasant” location

Con’s

• Remote• Expensive• Predominantly Gas

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Timeline…

Jan – Mar ‘103 months

Apr ‘10 – Apr ’1112 months

May – Oct ’116 months

Nov ‘11 and beyond

Feasibility

ScottishEnterprise

ISW

Research

SDI – AOG

UKTI – OMIS

Customers/ Market

Set-up

SDI – AOG

Service delivery

Develop

WA Gov.

Business development

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Corporate considerations• Legal entity

o trading status/ local/ foreign

• Accounting requirements

o tax rules/ reporting/ employment etc.

• Banking

• Licenses

• Insurances

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Facility considerations

• Location, Location, Location

• Buy/ Lease

• Short term vs Long term requirements

• Fit-out/ time constraints

• IT/ phones/ mail/ services/ etc.

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Staff considerations

• Local staff/ Ex-pat/ Secondment

• Immigration/ Visas

• Unions/ Fair Work Act 2009

• Salary expectations

• Tax issues/ package

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Operational considerations

• Barriers to doing business

• Memberships/ Licenses/ Approvals

• Equipment & Materials

• Suppliers/ Credit accounts

• Customer requirements/ invoicing/ revenue

• Commercial model/ accounting

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Summary…

Relatively ‘SOFT’ landing

‘vs’

Very EXPENSIVE

Take full advantage of SUPPORT

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Questions…?

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20 – 22 Feb 2013 – AOGEXPO.COM.AU

TRAC Oil & Gas exhibiting at

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Come and visit us at STAND P14

samantha borstlap trac presentation

Documents

suppliers safety service

oil gas industrysafety

trac overview quality

integrated solutions

fifo staff close

maintenance of offshore

phones mail services

wellsafety things