The Future OSV –What will it look like?12 August 2020 • 14:00-14:45 BST

Part ofOffshoreWebinar Week11-13 August 2020

Panellist documentsPage 2: Arnstein Eknes, DNV GLPage 8: Tim Clerc, SEACOR MarinePage 12: Bo Jardine, ShellPage 18: Darren Truelock, Vard Group

DNV GL © 12 August 2020 SAFER, SMARTER, GREENERDNV GL ©

Arnstein Eknes, Segment dir. OSV and Special ships, DNVGL12 August 2020

MARITIME

The future OSV; more focus on how to deliver the services

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Riviera Offshore Webinar Week

DNV GL © 12 August 2020

Market development; global energy transition giving new opportunitiesOSVs adapting as an essential tool for logistics and services

Traditional O&G markets – long term uncertainty Renewables & new offshore markets emerging

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CSOVSOVOCV

AHTSPSV

OSVsWFSCTV

DNV GL © 12 August 2020

Energy and emissions;Piloting the future today

Hybrid combinations will continue Alternative fuels

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Battery hybrids where beneficial (today 67 OSVs have installed (or in progress) of installing batteries

– Electrification continue

– Shore power is known & Offshore power may come

Retrofit of systems / modules very likely to occur

Source of fuel / Onboard Containment / Infrastructure and availability

MGO/MGO + LNG available today

LOHC / Hydrogen / Ammonia being piloted now

DNV GL © 12 August 2020

Connected & Digitalized: Smarter use of technology and support from new and improved processes

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Centralization of tasks, remote monitoring and control

10%-15% less cost (20-30% including fuel cost)

Energy efficiency through data driven optimization

10%-15% less emissions

Remote inspections (condition status)

Less cost, reduce downtime

Smart Maintenance (CBM/CM etc)

Less cost, significant impact on availability

DNV GL © 12 August 2020

Future operations within companies & the industry; adapting & capitalizing on multiple opportunities provided by new technology

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Motions

DP

Seakeeping capability

Performance simulations

CIP-M: Infection Prevention programme

Integration verification

Cyber security

From Remote Monitoring to Remote Control?

Automatic & autonomous functions

Assurance vs insurance

Increased transparency; emissions / availability

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For more info – please contact:

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Our vision

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seacormarine.com 1

The Future OSV

2020 – Diesel Electric Hybrid

• Father and Son Diesel driven generators.• Containerized Lithium Ion Batteries and

Converters.

2025 – Diesel Electric Hybrid

• Father and Son Diesel driven generators.• Containerized Lithium Ion Batteries and

Converters.• 5 years Older

VERY LOW CHARTER RATES WILL NOT ALLOW FOR THE INVESTMENT NEEDED TO

INCORPORATE THE REQUIRED TECHNOLOGY.

2020

2025

seacormarine.com 2

“Real commitment from customers would go a long way to unlock investment”

This investment must be focused In key areas.

➢ Environment - By improving efficiency and greatly reducing emissions.➢ Crew Wellbeing and Safety while Operating in a Pandemic Environment➢ Enhanced Station keeping and redundancy.➢ Digital remote monitoring and service / survey while remaining cyber

secure.

High specification PSVs are already providing the foundation for SOV design improvements.

➢ These developments will eventually feed back to the OSV fleets.➢ Use of renewable energy sources will increase in importance

OSV

SOV

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➢ Dual Fuel Diesel and LNG (or Hydrogen) only a transitional solution, these fuels will not get us to IMO 2050 and valid concerns remain over Methane emissions in the supply chain.

➢ Methanol showed early promise, but progress has slowed.

➢ Bio-Fuels and Synthetics, availability in the vast amounts needed remains a problem

➢ Ammonia and Hydrogen to power fuel cells backed up with Energy Storage would appear to offer the best way forward.

➢ Production in a low carbon or a carbon neutral way is expensive, we need massive scale via renewables for green hydrogen

FOR THE VESSEL OF THE FUTURE THE BIGGEST CHALLENGE WILL BE

EMISSIONS

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➢ Carbon Neutral.

➢ Capable of accurately reporting emissions.

➢ Fuel cell powered using green fuels with hybrid ESS.

➢ Efficient hull form and coatings.

➢ Low ship service loads.

➢ Digital, arranged with remote access for maintenance and surveys.

➢ Capable of semi autonomous operation between port limits and 500m zone.

➢ Reduced manning.

➢ Cyber secure.

THE FUTURE OSV

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Copyright of Shell International B.V.

VARD MARINE US, Inc.THE FUTURE OSV, WHAT WILL IT LOOK LIKE?OSJ PANELDARREN TRUELOCK, PE VICE PRESIDENT - HOUSTON

AUGUST 12, 2020

THE FUTURE OSV. MULTI-PURPOSE

RENEWABLES

• Technician Flotel

• Turbine Operations/Maintenance

• Light Construction Feeder

CONSTRUCTION

• Offshore Construction

• Subsea Support

• Cable Laying/Repair

BUNKERING

• Alternative Fuels

• Energy Storage/Powering

• Zero Emissions Replenishment

• Rescue Operations

• Emergency Oil Recovery

• Helo/Crewboat Supplement

RESPONSE

THE FUTURE OSV. GREENER POWERING

• LNG

• Energy Storage Systems

• Hydrogen & Fuel Cells

• Plug-In Electric Zero-Emission OSV

ALTERNATIVE FUELS

OSV gets power fromrig while on DP

Production of H2 from NG

- CO2 injection

Hydrogen/Ammonia storage on seabed

Energy Storage BuoyFuel Cell, Electrolyser,

H, NH3, Battery

CO2 injection

Electricity from rig

SEABED

HYDROGEN AMMONIA

H or NH3from buoy

Electricity from offshore solar

farm

Electricity from offshore wind

farm

OSV Chargingfrom buoy

THE FUTURE OSV. CONNECTED

Decision Support -Planning

Decision Support - Real Time

Logging/Monitoring

HIL Test

Information Models

Digital TwinPlatform

• BIG DATA Analytics

• Further Integration and Monitoring of Ship Equipment

• Stronger Connectivity to Shoreside

• Mission Planning Simulation via Digital Twin

A SMART SHIP

THE FUTURE OSV. AUTONOMOUS

• AI and Full Autonomy

• Full Unmanned Remote Operations

• Hybrid - Autonomous w/Conditional Manning

• Hybrid - Manned w/Organic Autonomous Vessels

EVEN SMARTER

THE FUTURE OSV. DESIGN TRENDS

FORM FUNCTION

Owner - Cost Varies Worldwide for Novel and Exotic Forms – US Owners Pay a Premium

Charterer - Advancements in Propulsion Equipment and Fuel Technology – Carbon Footprint Reduction

Partners - Greater Integration and Complexity of Systems – Reliant Heavily on Good Integrators

EYE OF THE BEHOLDER

vs

THANK YOU

FOR YOUR ATTENTION