6.03.2014 DOF- perspective on electronic Navigation Agenda • Brife overview DOF Group • DOF Project “Paperless Navigation” where were we. • E-Navigation – navigate foreward. DOF ASA - Presentation 2013 Global player Focus regions 31 Austevoll Bergen Aberdeen Moscow St. Johns Houston 3 Manila 3 9 Singapore Brunei 24 Angola Jakarta Darwin Macae Perth Rio de Janeiro Melbourne Buenos Aires Norway Brazil US/Canada UK Asia Angola Marine Total Pacific Crews DOF employees 434 506 142 382 344 17 2 855 4 680 DOF ASA - Presentation 2013 3 Fleet About 70 vessels in operation (PSV: 23, AHTS: 17, Subsea: 30) 8 Newbuildings (AHTS: 3 Subsea: 5) Operates 52 ROVs Market value total fleet at NOK 46 bn Average vessel age of 7 years Global organization Head office in Norway Regional offices in Australia, Singapore, UK, Angola, US, Canada, Angola, Argentina and Brazil Total of 4,700 employees Subsea employees: 1.640 Marine personnel: 3.060 DOF ASA - Presentation 2013 4 The fleet market segment PSV AHTS Subsea Total fleet No. of vessels DOF ASA/DOF REDERI AS 18 3 4 25 NORSKAN OFFSHORE 5 12 2 19 DOF SUBSEA AS 0 0 26 26 DOF INSTALLER ASA 0 0 3 3 AKER DOF DEEPWATER AS 0 5 0 5 Total fleet 23 20 35 78 Contract coverage 2013* 86 % 90 % 96 % 91 % Contract coverage 2014* 64 % 56 % 66 % 62 % *Not including options DOF ASA - Presentation 2013 5 Remaining newbuilding program Vessel Yard Delivery Type Contract Skandi Urca Vard Brazil Q1 2014 AHTS 8 yrs Petrobras Skandi Angra Vard Brazil Q3 2014 AHTS 8 yrs Petrobras Skandi Paraty Vard Brazil Q1 2015 AHTS Uncommitted Skandi TBN 800 Vard Norway Q2 2015 CSV 5 yrs Technip Skandi TBN Vard 823 Vard Norway Q2 2016 PLSV 8 yrs Petrobras Skandi TBN Vard 824 Vard Norway Q3 2016 PLSV 8 yrs Petrobras Skandi TBN PLSV1 Vard Brazil Q4 2016 PLSV 8 yrs Petrobras Skandi TBN PLSV2 Vard Brazil Q2 2017 PLSV 8 yrs Petrobras DOF ASA - Presentation 2013 6 DOF Project: «Paperless Navigation» • Some project goals. • Simplify daily routines for bridge teams. • Cost efficiency. • Safe navigation. • Optimize long voyages. • Fuel efficiency • Environmental profit. • Customer satisfaction. DOF ASA - Presentation 2013 7 DOF Project: «Paperless Navigation» Définition: (source: Kystverket) • e-navigation is a concept intended to secure simplified and coordinated electronic handling of information onboard and ashore in order to: • Increase safety of navigation and the protection of the environment in coastal zones and at sea. • Contribute to higher efficiency and reduced costs in the maritime sector. • Facilitate the workload onboard and for shore-based functions. • Provide a basis for improved contingency services. DOF• ASA - Presentation 2013 8 DOF Project: «Paperless Navigation» Some of our challanges: • New generation of navigators (the Nintendo Generation). • Shortage of competent personnel – need to have the most modern equipment to attract people. • Higher and higher workload for bridge personnel in general. • Request for provision of a uniform DOF e-navigation package. • DOF ASA - Presentation 2013 9 DOF Project: «Paperless Navigation» Navigate foreward: • DOF Fleet agreement with Navtor, in February 2014. • Pay as you sail installed on all vessels. • Tracking of all vessels in Navtracker. • Gradually change to digital Nautical Publications. • Test of NavStation. DOF ASA - Presentation 2013 10 Thank you Presented by Nils Olav Troland Operation Manager DOF Management .