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ration | commercialisation | diversification | internationalisation Subsea NE Launch Event 27 th June 2006
collaboration | commercialisation | diversification | internationalisation
Subsea NE Launch Event27th June 2006
collaboration | commercialisation | diversification | internationalisation
BEL VALVESRichard DoddManaging Director
collaboration | commercialisation | diversification | internationalisation
Capability & Business Focus - Group• Privately Owned 3rd Generation Family Business
– British Engines Limited (BEL) – Established 1922– Employees of 969 World Wide– Group Turnover circa £80m– Pre-1950 Sub-Contract Machining– Post-1950 Strong Product Focus - Valves, Pumps, Glands
• Value Added Engineering, Manufactured in House• Niche Products & Markets with Ownership of Design• Investors In People – Stability of Workforce
– Apprentice Intake 15 to 18 per year – 4 Year Programme
• Health, Safety & Environment – Culture Driven / Focus
collaboration | commercialisation | diversification | internationalisation
BRITISH ENGINES INDIA
collaboration | commercialisation | diversification | internationalisation
Company History – BEL Valves
• Formed in 1950 to Support ICI Teeside• Diversified from PetroChem to Oil & Gas – mid 70s• Employees of 358 World Wide• Turnover, £44m• Main Focus Offshore and Subsea Valves – 50/50• Supply of Complete Package of Valve, Actuator, Controls• Marketing, Design, Manufacture, Commissioning &
Maintenance• Core Values – Customer Intimacy & Product Leadership
collaboration | commercialisation | diversification | internationalisation
Capability & Business Focus
• Complete Package of Valve, Actuator, Controls– Through Conduit Slab & Expanding Gate Valves– Subsea Ball Valves– Swing, Piston Check & Globe Valves
• Key Applications– High Pressure (5,000psi to 15,000psi)– Sour Service (Exotic Materials – Inconels)– From Wellhead up to Separators / Scrubbers– Manifolds, HIPPS, ESD, Receivers, Metering, Chemical Injection
• Worldwide Customer Base– Operators to Contractors to SPS Providers to Installers.– Key Markets – North Sea, Deepwater West Africa & Caspian
collaboration | commercialisation | diversification | internationalisation
Recent Key Projects
Subsea: Topside:
Shell Bonga BP Tanguh
Total Dalia ConocoPhillips Suban II & Belanak
BP Block 18 Agip Kashagan
BP West of Shetlands BP Shah Deniz
ExxonMobil Kizomba C ChevronTexaco Tengiz
Statoil Tyrihans, Snohvit, Kristin BP ACG
BG Simian/Saphire & WDD Petrobras P50, P53, P54
BP King Statoil 2/4M & Statfjord LateLife
Chevron Tahiti NPCC OGD 3
Woodside Vincent
collaboration | commercialisation | diversification | internationalisation
Recent Key Projects (cont)
• And UK (25%):– ChevronTexaco Captain C
– CNR Brenda, Lyell
– Kerr McGee Dunbarton, Affleck
– Shell Gannet, Merganser, Pierce, Starling, Howe II
– BG Atlantic/Cromarty, Maria
– PetroCanda Pict
– ConocoPhillips Callanish/Brodgar
– Tallisman Tweedsmuir
– BP Farragon, Rhum
• And ............
collaboration | commercialisation | diversification | internationalisation
Capability & Business Focus - Valves• Investment in New Plant and Equipment – BEL Valves
– Total Investment: £2.6m (2004) & £1.7m (2005)– Total Planned Investment £1.4m (2006)– Doubled Machining and A&T Capacity in 3 Years
• Capacity Increase in Manpower of 35%– The Oil & Industry is busy (+2011?)– Both through UK supply– & EU Labour Support - the UK market is saturated!
• Business Process Re-Engineering– Implementation of New Business System– Agile and Lean Manufacturing – “Business Excellence”
• Aligned Material Suppliers – UK & Abroad
collaboration | commercialisation | diversification | internationalisation
Company Status and Future Plans
• Attain Profitable Growth through Integration (Up & Across)– Requires Investment in Facilities.– Requires Investment in Business Excellence – People & Processes– Focus on New Markets - Gas Storage & Nuclear.
• Retain Technology and Product Lead– HIPPS Systems – Subsea & Topside– Deepwater– HP – 20000 psi
• Regional Support– Training and Education– Skilled Labour Pool – Both Staff & Works.– Product Technology Development support– Growth & Expansion – Support.
collaboration | commercialisation | diversification | internationalisation
5 Minute Q & A
Thank You.
Richard [email protected]
+44 191 265 9091
