MAINTENANCE MODIFICATIONS AND OPERATIONS INDEX SAIPEM TODAY 04 SAIPEM ENGINEERING & CONSTRUCTION 06 MAINTENANCE, MODIFICATIONS AND OPERATIONS 08 DECENTRALIZED SERVICES AND GLOBAL PRESENCE 10 A CONTINUOUS COMMITMENT TO LOCAL CONTENT 14 SERVICE FOCUS: MAINTENANCE AND INSPECTION ENGINEERING 16 PROJECT REFERENCES 20 SERVICE FOCUS: OPERATIONS AND MAINTENANCE CONTRACTS 26 PROJECT REFERENCES 28 SERVICE FOCUS: MODIFICATIONS AND TURNAROUNDS 34 PROJECT REFERENCES 36 3 SAIPEM TODAY SAIPEM TODAY IS A WORLD LEADER IN THE GLOBAL SUPPLY OF ENGINEERING, PROCUREMENT, PROJECT MANAGEMENT, CONSTRUCTION AND DRILLING SERVICES WITH DISTINCTIVE CAPABILITIES IN THE DESIGN AND EXECUTION OF LARGE-SCALE OFFSHORE AND ONSHORE PROJECTS. Saipem has a strong bias towards oil and gas frontiers, namely activities in harsh and remote areas, in deep waters as well as in extremely cold and hot environments, applying significant technological competences in many diverse fields such as gas monetization and heavy oil exploitation. Saipem is organized in two Business Units:Engineering & Construction and Drilling. 4 5 SAIPEM ENGINEERING & CONSTRUCTION FOLLOWING AN AGGRESSIVE GROWTH STRATEGY, WHICH INCLUDED IN THE LAST DECADE THE ACQUISITION OF MANY CONSTRUCTION, TECHNOLOGY AND ENGINEERING COMPANIES, MOST PROMINENTLY OF SNAMPROGETTI, BOUYGUES OFFSHORE, SOFRESID AND MOSS MARITIME, SAIPEM HAS BECOME ONE OF THE WORLD LARGEST AND MOST COMPLETE ENGINEERING AND CONSTRUCTION COMPANIES IN THE GLOBAL OIL AND GAS MARKETS, ONSHORE AND OFFSHORE. 6 Ever since its initial steps in the fifties and numerous project execution installation; also revamps, upgradings, as the construction division of Snam, centres around the globe, and with maintenance, decommissionings, the pipeline company of the Eni Group yearly revenues exceeding 10 billion €/y; reclamations and decontaminations. in Italy, Saipem has pursued all held together by outstanding project a systematic growth strategy, based management skills. Saipem today operates in virtually every on the development of internal assets, world market, often in remote locations expertise and skilled resources, as well Through the involvement of our global with harsh environmental conditions as on the acquisition of other players EP(I)C hubs in Milan, Rome and Fano and challenging logistics, leveraging with their own asset bases, such as (Italy), Paris (France) and Chennai on its proven experience across the Micoperi in late eighties, and many (India), which operate in connection most significant product lines in the oil others. with a growing number of medium size and gas production onshore, offshore, and smaller regional engineering in deepwater; gas and oil In the last decade, Saipem has and project execution centres transportation via offshore and onshore continued its growth by acquiring employing altogether over 7,000 pipeline systems; midstream, refining, Bouygues Offshore and Sofresid in engineers, Saipem balances high chemicals, power generation from fossil France, Moss Maritime in Norway, IDPE project execution quality with a as well as from renewable sources; in India and Snamprogetti in Italy, competitive cost and - most importantly environmental industries, maritime and by carrying out a multibillion - with a major emphasis on local works and infrastructure. investment program into the expansion know-how and content. of its offshore construction and drilling This new series, therefore, outlines fleets. Since the year 2000, Saipem’s This well-integrated multicenter Saipem’s integrated references market capitalization has grown more approach provides a consistent design in engineering and construction than sixfold and its revenues tenfold.(*) and robust execution philosophy markets offshore and onshore, on all our projects worldwide. according to individual business The organizational integration of Top priority is provided throughout and technology lines. this considerable asset base, namely to all HSEQ aspects. the network of engineering centres, fabrication and support yards in several Saipem therefore offers a complete continents as well as the offshore range of project definition construction fleet, has been completed and execution services, offshore gradually over the years - most recently and onshore, particularly for with the creation of a unified Business the complex “mega-projects” required Unit Engineering & Construction, by the market today:from feasibility an entity with over 30,000 employees and conceptual studies to complex (excluding corporate and BU Drilling integrated solutions combining design, staff) from over 100 nationalities, engineering, procurement, field with over 60 permanent establishments construction, fabrication and offshore (*) Until Dec. 31, 2010 7 MAINTENANCE, MODIFICATIONS AND OPERATIONS FROM AN EARLY DAYS IN-HOUSE SUPPORT TO SAIPEM’S ASSETS TO TODAY’S SUPPLY OF A FULL RANGE OF INTEGRATED SERVICES TO THE OIL & GAS INDUSTRY, THE MMO BUSINESS LINE WAS DEVELOPED OVER THE YEARS UTILIZING ADVANCED RISK ANALYSIS AND INSPECTION TECHNIQUES. Saipem MMO offer throughout plant life cycle 1. MAINTENANCE & INSPECTION ENGINEERING 2. MAINTENANCE 3. MODIFICATIONS (EPC) OPERATIONS AND TURNAROUNDS ENGINEERING CONSTRUCTION COMMISSIONING Maintenance activities were operations. These services were This encouraged the Oil & Gas performed by Saipem since the proposed and contracts signed in a companies to outsource these seventies as an in-house service for number of countries and for various services, either at the engineering the benefit of its construction types of plants, including refineries, stage, thus turning them into MIEC equipment, derrick & lay barges and petrochemical and chemical plants (Maintenance and Inspection drilling barges. and upstream installations, through Engineering Contracts), or at the In parallel, modifications works were Saipem and its various regional operations stage (Inspection Technical also carried out since those early days. subsidiaries. Services). They took place for offshore or From the early 2000s, the Integrated onshore activities first in Saipem yards, Operations and Maintenance (O&M) From this combined experience, the especially in Europe, Africa and Asia, Services were also developed for the company now targets new fields of where jackets, decks and various types Leased FPSO business segment. applications within the Oil & Gas of platforms were fabricated. Several FPSOs are now owned, industry, aiming at geographical areas operated and maintained by Saipem. and industrial facilities where Saipem In the eighties, Saipem started can bring added value. providing the General Maintenance Also during the last decade, the and Maintenance Engineering Services inspection of critical equipment in the Over the years, Saipem has broadened also to third parties, when Oil & Gas Oil & Gas industry evolved thanks to its range of Operations and Companies began to outsource such the use of risk-based analysis methods Maintenance Services, leveraging on activities as well as their utilities and new techniques of inspection. new equipment and new 8 technologies. Computerized remote location, even a different Maintenance Management Systems continent. All of these various (CMMS) have transformed the way technologies are now part of the maintenance activities are planned; Operations & Maintenance services the digitalization of documents has Saipem can provide. significantly facilitated the access to the right technical information, in case The Oil & Gas industry is evolving of dismantling for repair or inspection towards new frontiers every day and of any equipment; bar coding method Saipem will therefore continue to has transformed the workflow of the explore new fields of applications of warehousing management principles; its MMO service portfolio and to laser scanning for 3D data acquisition develop competitive and innovative is now used to optimize the concepts, methodologies and tools modifications for brown-field projects; to offer its clients a complete and equipment control and diagnostics of competitive range of services. defaults can be conducted from a Refinery shutdown/turnaround in the 80's 9 DECENTRALIZED SERVICES AND GLOBAL PRESENCE WITH ITS VAST NETWORK OF CONSTRUCTION AND SERVICING FACILITIES AROUND THE GLOBE, SAIPEM IS ABLE TODAY TO PROVIDE MAINTENANCE, MODIFICATIONS AND OPERATIONS (MMO) SERVICES IN THE MOST EFFICIENT MANNER. 10 The success of Saipem’s MMO to the continuity of providing support business line over the years is also due to historical key clients, both to its thorough understanding of International and National Oil customer needs, via the local close-to- Companies, who - with their business the-customer presence, strong and confidence - have contributed to technical expertise reinforced with the the development of Saipem’s network extensive experience throughout the worldwide. years and its ability to satisfy the most sophisticated requirements expected Thanks to this growth and by the main actors of the oil & gas development of its yards and logistic industry:QHSE, technical skills, bases, Saipem and its local reporting and continuous subsidiaries are now able to reach a improvements. larger customer base and to extend its operational zone. In Saipem, specific attention is given 11 GLOBALPRESENCEWITHPREFABRICATION YARDS AND LOGISTICBASES (IN PREPARATION) PARIS ROME EP(I)C Hubs Engineering Centres Yards & Main Logistic Bases Circles of Influence 12 MILAN FANO CHENNAI 13 A CONTINUOUS COMMITMENT TO LOCAL CONTENT SAIPEM MAKES A POINT OF CONTRIBUTING TO THE SUSTAINABLE