MSS INTEGRATED SOLUTIONSFebruary 2017

DRILLING & SUPPLY SERVICE

MAERSK DECOM• Jens Klit Thomsen

1967Maersk Supply Service

founded

2016Maersk Drilling and

Maersk Service working on first decom project

together

1972Maersk Drilling

founded

BUILDING ON A 50 YEARS’ TRACK-RECORD

2018New decom Joint

Venture established

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MAERSK SUPPLY SERVICE

A VERSATILE FLEET OF 40+ VESSELS AND

CREWS&

FULL SCOPING, PLANNING AND EXECUTION OF

OFFSHORE PROJECTS

MAERSK DRILLINGA PROVIDING HIGH-

EFFICIENCY DRILLING SERVICES TO OIL

COMPANIES AROUND THE WORLD

One of the youngest and most advanced rig fleets in

the industry.

40 years experience of operating in the most

challenging environments.

Highly skilled and commetted workforce.

50 years of hands-on offshore experience

Focus on safe, efficient and reliable operations

Meeting needs on a project-by-project basis

DRAWING ON HIGH-QUALITY ASSETS AND TECHNICAL EXPERTISEPROVIDING DECOMMISSIONING SOLUTIONS TO THE ENERGY SECTOR

HEAVY LIFT

JV DECOMSERVICE PROVIDERS

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THE SENIOR MANAGEMENT TEAM

Chief Executive OfficerLars Banke

Chief Commercial OfficerJens Klit Thomsen

Chief Technical OfficerCarsten Sander

Lars has a background in mechanical engineering from Denmark’s Technical University and has worked in various Maersk companies since 2001, most recently acting as site manager for the construction of the Ailsa FSO in Singapore, for the Culzean project.

Jens Klit Thomsen comes from a position of Head of Decommissioning Business Development at Maersk Supply Service

Carsten is currently Head of P&E Engineering in INEOS Denmark, responsible for field development and decommissioning activities.

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Traditionally MSS & MD have provided

safe and efficient asset-based drilling

and offshore support services for a client

to use in decommissioning projects, but

now we are expanding that scope…

BUILDING ON OUR

STRONG

BACKGROUND…

SSV

AHTS

PSV

Crew

ASSETS

5

TURN KEY

Offshore

Logistics

Project

Management

Heavy lift

ROVHSEQ

Advisor

SurveyProcurement

Engineering

… COMBINING OUR

EXPERIENCE TO OFFER

FULL SCOPE

DECOM SOLUTIONS

We will now provide a service – the fully

project managed work scope of a

decommissioning project.

Offshore

Project crew

Subcontract

management

Well

engineering

P & A

Wireline

Cementing

Waste

management

Diving

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A EXAMPLE OF A FULL SCOPE DECOMMISSIONING PROJECTJanice, James & Leadon in the UK

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P&A James Duration: 50 days

Q2

Q1

Q3

Q4

2016

Q2

Q3

Q4

2017

Q1

Q2

2018

AHTS

Supply duties for Semisub

Subsea recovery work

Well Plug and Abandonment for Janice Semisubmersible

Subsea removal work Phase 3B & Leadon

Duration: 365 days

Duration: 420 days Maersk Frontier

Duration: 97 days From 15th Aug. until 21st Nov..

Duration: 72 days

Duration: 11 rig moves in P&A period incl. Mob/ Demob

Infield Rig moves

Duration: 5 days

Incl. WROV x 2 Phase 3A

FPU tow away Incl. WROV x 1

Maersk Gallant

Maersk Finder Maersk Forwarder

AHTS + WROV

Duration: 31 days

SSV

PSV

UTILISING OUR ASSETSJanice, James & Leadon

P&A Leadon North Duration: 180 days

Duration: 60 days

ATSAHTSAHTS ATSAHTS AHTSAHTS

AHTS

AHTS

AHTS + WROV

AHTS + WROVAHTS + WROV

SSV

AHTS

PSVPSV

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AN EXAMPLE OF A FULL SCOPE DECOMMISSIONING PROJECTLeadon field in the UK

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A CONTRACTING MODEL THAT BEST FITS YOUR NEEDSWITH THE FLEXIBILITY OF THE FLEET, WE ARE ABLE TO FIND THE RIGHT CONTRACTING SOLUTION FOR CUSTOMERS

Overall: Lump sum

Fixed price avoids AHT market volatility and provides cost surety

Single contract reduces client interfaces and risk

Weather risk: To be defined

Joint estimate of duration & cost of spread

Decide who takes weather risk

Define how to share saving if done more efficiently

Define split if project takes longer

Mob/Demob: Lump sum

Vessel: Day rate

Engineering: Lump sum

Weather Risk: Operator’s

REIMBURSABLE TARGET PRICE TURN KEY

Based on day rate for offshore activities Collaborating with efficiency incentives Greater certainty on operator’s costs

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ACHIEVER PHASE 1Janice field in the UK

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ACHIEVER PHASE 1Janice field in the UK

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ACHIEVER PHASE 1Janice field in the UK

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ACHIEVER PHASE 1Janice field in the UK

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MASTER PHASE 2Janice & Leadon field in the UK

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MASTER PHASE 2Janice & Leadon field in the UK

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MASTER PHASE 2Janice & Leadon field in the UK

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MASTER PHASE 2Janice & Leadon field in the UK, 6,5 kilometer 4” flowline on ATHS winch

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MASTER PHASE 2Janice & Leadon field in the UK, Spooling off the flowline in Lerwick

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ACHIEVER PHASE 3Janice & Leadon field in the UK,Mid-water arches 90 t each

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ACHIEVER PHASE 3Janice & Leadon field in the UK, recover X-mas trees and wellheads

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GLOBAL FOOTPRINT – ROOTED IN THE NORTH SEA

US Gulf of Mexico1 ultra deepwater floater

Ghana1 ultra deepwater floater

Colombia1 ultra deepwater floater

Caspian Sea1 midwater floater

South East Asia1 premium jack-up rig

North West Europe9 ultra harsh jack-up rigs(1)

1 premium jack-up rigs

10 vessels

Brazil8 vessels

Canada7 vessels

Angola3 vessels

Australia6 vessels

4 Drillships 4 Semi-Submersibles16 Jack-Ups

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UTILISING OUR STRONG ASSET BASE

11 Subsea Support Vessels

5 Platform Support Vessels

32 Anchor Handling Tug Supply Vessels

Maers

k S

upply

Serv

ice

Maers

k D

rillin

g

Our promise of Safe hands. Sound business.is rooted in our values –

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Constant Care

Humbleness

Uprightness

Our Employees

Our Name