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Corporate Profile
AFRICA
& CARIBBEAN CANADA A
SIA &
CHIN
A
MID
DLE EA
ST, LATIN AMERICA
EUROPE
A
USTRA
LIA
SUB S
AHARAN U
NITED STATES OF AMERICA
NO
RTH
AFR
ICA &
IND
IA
&
NEW
ZEA
LAN
D
Brunei
China
Indonesia
MalaysiaMongolia
SingaporeThailand
Australia North
Australia SouthAustralia West
New ZealandBulgaria
Netherlands
Kazakhstan
Russia
Spain
Uzbekistan
United KingdomBr
azil
Chile
PeruUruguay
Colo
mbi
a
Ecua
dor
EgyptIndiaIraq
KuwaitOman
Qatar
Saudi Arabia
UAE
Angola
GhanaNamibia
NigeriaSouth Africa
AlaskaTrinidad
US
East
ern
US
Sout
hwes
tU
S W
est C
oast
Jam
aica
Calg
ary
Edm
onto
n
Eastern
CanadaCord
People
PeopleDelivery
Delivery
Finance
Finance
Customer
Hydrocarbons
Hydrocarbons
Minerals & Metals
Minerals & Metals
Power
Power
Infrastructure & Environment
Infrastructure & Environment
Evans & Peck
Evans & Peck
INTE
CSEA
INTECSEA
• CEO’S OVERVIEW• GlObal PRESEnCE • SERVICE DElIVERy ExCEllEnCE• SafEty• EconomicstM
• CORPORatE StREnGth• DEVElOPED WORlD• DEVElOPInG WORlD• hyDROCaRbOnS• POWER• MInERalS & MEtalS• InfRaStRuCtuRE & EnVIROnMEnt
• bIblIOGRaPhy• CORPORatE InfORMatIOn
Contents
P.1P.2-3P.4-5P.6P.7P.8-9P.10-11P.12-13P.14-21P.22-29P.30-37P.38-45
P.46-47P.48
the WorleyParsons Corporate Profile provides our stakeholders with a succinct summary of some of the trends that are occurring within the resource and energy markets across the globe and our capability and capacity to meet these challenges.
In 2011 we honor the entrepreneurial spirit of our people and the strategic acquisitions that have brought together 1500 years of company history. Such depth of experience and track record places us in a strong position to address the many exciting challenges that lie ahead for our customers in the hydrocarbons, Minerals and Metals, Power and Infrastructure and Environment sectors.
It is often difficult to predict the long term direction of our markets or the robustness of the national economies in which we operate, but we are confident future challenges will inevitably be more complex, integrated and of greater magnitude. When faced with this level of risk, owners invariably defer to companies who have built an extensive track record of innovation, successful project delivery and asset management through their value based services.
I am confident that WorleyParsons is recognized as a strong provider to meet both today’s and tomorrow’s challenges across all the sectors in which we operate.
Ceo’s overview
John Grill Chief Executive Officer
WorleyParsons Corporate Profile 1
local Office
Global hub
BlackfaldsSaskatoonLloydminster
EdmontonCold Lake
Fort McMurray
Kitimat
St. John's
Philadelphia
Iselin
Oak RidgeChattanooga
Reading
BayportHouston
Dallas
Tulsa
Brazil Belo Horizonte
Brazil Brasilia
Brazil Rio de Janeiro
Colombia Bogota
Costa Rica San Jose
Ecuador Quito
Trinidad & TobagoPort of Spain
Peru Lima
Brazil Sao Paulo
Argentina Buenos Aires
Chile Santiago
Gloucester
Las VegasDenver
Idaho FallsBillings Bismarck
Calgary
Fountain Valley Monrovia
PhoenixLong Beach
ArcadiaLos Altos
SacramentoMartinez
Richland
VictoriaBurnaby
Vancouver, WA
Ghana AccraNigeria Lagos
United Kingdom
Canada
United States Anchorage
United States
Spain Madrid
Leeds
BristolWoking
London
Netherlands DelftCzech Republic Plzen
ManchesterTeesside
TivertonMississauga
Sudbury
Sarnia
Nanticoke
Markham
Chicago ShenyangBeijingTianjin
NanjingShanghai
Mongolia Ulaanbaatar
Bintulu
Kota KinabaluMiri
Darwin
Perth
Bunbury AdelaideFootscray
GeelongBell BayMelbourne
WollongongSydneyNewcastle
Malacca
KuantanKerteh
Kuala Lumpur
Chengdu
Lian Yungang
Hong Kong
Namibia WindhoekKimberley
Durban
PretoriaSecunda
Port ElizabethBloemfontein
Cape Town
MaroochydoreGladstone
AucklandNew Plymouth
MackayTownsville
BrisbaneSingleton
Blenheim
Shenzhen
Indonesia Balikpapan
Indonesia JakartaEast Timor Dili
Iraq BasrahKuwait Ahmadi
Bahrain ManamaUAE Dubai
Oman Muscat
Egypt Cairo
Saudi Arabia Al KhobarSaudi Arabia Yanbu
Qatar DohaOman Sohar India Mumbai
India HyderabadUAE Abu Dhabi
Bulgaria Stara ZagoraBulgaria Sofia
Angola Luanda
Hawkes BayWellington
Christchurch
Kazakhstan Astana
Kazakhstan Atyrau
Uzbekistan Tashkent
Kazakhstan Almaty
Russia Moscow
China
Malaysia
Thailand BangkokThailand Sriracha
Vietnam Ho Chi Minh City
Vietnam Hanoi
Brunei Kuala Belait
Singapore
South Africa
Australia
New Zealand
Fort St John
GrandePrairie
WorleyParsons Corporate Profile2
1.0 Global PresenceLoCaL Commitment
Since inception, WorleyParsons has committed to establishing operations close to our customers’ assets. this decision is based on the understanding that every asset has a history needing to be understood. Invariably, each asset is a reflection of its leadership team and is supported by a community with expectations, and operations requiring world class on site services.
today, WorleyParsons has arguably the largest global footprint amongst our peers with 143 offices in 43 countries. We are a stronger company because of our commitment to local operations. using knowledge gained from each site we are able to refine design and project execution strategies to optimally meet our customers’ expectations in an efficient and cost effective manner.
Increasingly, owners in the resource and energy sectors are seeking providers to service their assets across a region and/or globally. WorleyParsons’ extensive network of offices and proven track record customizing solutions for local environments has resulted in us being recognized as a pre-eminent provider of global service contracts.
BlackfaldsSaskatoonLloydminster
EdmontonCold Lake
Fort McMurray
Kitimat
St. John's
Philadelphia
Iselin
Oak RidgeChattanooga
Reading
BayportHouston
Dallas
Tulsa
Brazil Belo Horizonte
Brazil Brasilia
Brazil Rio de Janeiro
Colombia Bogota
Costa Rica San Jose
Ecuador Quito
Trinidad & TobagoPort of Spain
Peru Lima
Brazil Sao Paulo
Argentina Buenos Aires
Chile Santiago
Gloucester
Las VegasDenver
Idaho FallsBillings Bismarck
Calgary
Fountain Valley Monrovia
PhoenixLong Beach
ArcadiaLos Altos
SacramentoMartinez
Richland
VictoriaBurnaby
Vancouver, WA
Ghana AccraNigeria Lagos
United Kingdom
Canada
United States Anchorage
United States
Spain Madrid
Leeds
BristolWoking
London
Netherlands DelftCzech Republic Plzen
ManchesterTeesside
TivertonMississauga
Sudbury
Sarnia
Nanticoke
Markham
Chicago ShenyangBeijingTianjin
NanjingShanghai
Mongolia Ulaanbaatar
Bintulu
Kota KinabaluMiri
Darwin
Perth
Bunbury AdelaideFootscray
GeelongBell BayMelbourne
WollongongSydneyNewcastle
Malacca
KuantanKerteh
Kuala Lumpur
Chengdu
Lian Yungang
Hong Kong
Namibia WindhoekKimberley
Durban
PretoriaSecunda
Port ElizabethBloemfontein
Cape Town
MaroochydoreGladstone
AucklandNew Plymouth
MackayTownsville
BrisbaneSingleton
Blenheim
Shenzhen
Indonesia Balikpapan
Indonesia JakartaEast Timor Dili
Iraq BasrahKuwait Ahmadi
Bahrain ManamaUAE Dubai
Oman Muscat
Egypt Cairo
Saudi Arabia Al KhobarSaudi Arabia Yanbu
Qatar DohaOman Sohar India Mumbai
India HyderabadUAE Abu Dhabi
Bulgaria Stara ZagoraBulgaria Sofia
Angola Luanda
Hawkes BayWellington
Christchurch
Kazakhstan Astana
Kazakhstan Atyrau
Uzbekistan Tashkent
Kazakhstan Almaty
Russia Moscow
China
Malaysia
Thailand BangkokThailand Sriracha
Vietnam Ho Chi Minh City
Vietnam Hanoi
Brunei Kuala Belait
Singapore
South Africa
Australia
New Zealand
Fort St John
GrandePrairie
WorleyParsons Corporate Profile 3
143offices
43countries
WorleyParsons Corporate Profile4
Select>Deliver>improvetotaL LifeCyCLe serviCes
1.1
WorleyParsons’ experience covers all five phases of the asset lifecycle. In each one of these phases, we understand the critical issues and tailor our services to enable customers to Select and Deliver their projects and Improve their assets for optimal long term performance.
It is recognized that decisions made during the early stages of an investment have the greatest impact on the ultimate business outcome. unfortunately, early on is often when the least amount of information is available. the juxtaposition of the criticality of making the correct decisions, and the absence of detail on which to base them, creates the challenge Select has been designed to answer.
WorleyParsons’ Deliver capability provides our customers with the confidence in the value identified by Select being realized during the Define and Execute phases. WorleyParsons’ project management process provides a scalable, risk based framework for project execution, and ensures the quality, efficiency and consistency of our project delivery approach – regardless of size of project or location. Customers repeatedly attribute the consistent application of our processes as a key differentiator and value enhancer.
WorleyParsons’ Improve delivers value, year on year, for our long term customers. Successful Improve contracts are based on strong long term relationships utilizing trust and teamwork. this enables everybody to focus on the critical issues that drive long term contract performance improvement, such as safety, optimal capital spend and efficient and effective use of resources. Our phased approach enables consistent project delivery worldwide.
image courtesy of north west shelf venture
serviCe DeLivery exCeLLenCe
WorleyParsons Corporate Profile 5
WORlEyPaRSOnS’ ExPERIEnCE COVERS all fIVE PhaSES Of thE aSSEt lIfECyClE
1 IDENTIFY EVALUATE DEFINE EXECUTE OPERATE2 3 4 5
Customer Goals
Our Business Lines
Select concept Sanction Start-up
Establish preliminaryscope and businessstrategy
Brings real world experience into the front-end, value adding phases to maximizeinvestment return and underlying confidence
Converts the highest potential value optionsidentified at the Select phase, into fully definedand successfully executed projects
Profitably embeds environmental, social and financialsustainability into project delivery across the asset lifecycle
Supports and improvescustomers’ assets throughout operatinglifecycle
Establish developmentoptions and executionstrategy
Finalize scopeand execution plan
Detail andconstruct asset
Operate, maintainand improve asset
Our Services
• •
•
CORE BUSINESS
Select Deliver Improve
Concept StudiesOpportunity assessment andselection of alternativesBusiness model development
• •
• •
Options evaluationEstablish singledevelopment optionCost estimatingContract planning
• •• •
Scope developmentPreliminary designCost estimatingExecution planning
•
••
DetailedEngineeringEPCMPMC
•
••
•
Brownfield projectsPortfolio deliveryAsset managementBusinessimprovementOperations andmaintenance support
WORLEYPARSONS’ EXPERIENCE COVERSALL FIVE PHASES OF THE ASSET LIFECYCLE
WorleyParsons Corporate Profile6
Hse commitmentoneway LeaDershiP
1.2
Resource and energy projects are becoming more complex and are increasingly being executed in less accessible areas of the globe. hydrocarbons reserves are deeper underwater and in more arctic conditions. Minerals and metals are being extracted from more remote locations and transported across longer distances. Power generation and transmission owners are optimizing efficiencies from aging assets while new nuclear and renewable facilities are seeking to accelerate approval cycles. In parallel, all of these investments are subject to an unprecedented level of environmental scrutiny and expectation.
these challenges are no greater than WorleyParsons’ goal to ensure the health and safety of all the people executing our projects and those who subsequently operate the facilities. Our health, Safety and Environmental expectations are vital and integral elements of our business. they are embedded into our management systems and processes and influence everything we do.
We actively invest in initiatives to reinvigorate our management systems and engage our people, contractors and suppliers in the expectations and programs leading to our goal of zero harm. Initiatives include the total ban on the use of mobile phones by employees whilst driving, seeking cultural alignment for hSE commitments in the Middle East and championing outstanding hSE performance by teams and individuals. Our European operations were very pleased to receive the Royal Society for the Prevention of accidents Occupations health and Safety Gold award for 2011. this is the second consecutive year we have attained this prestigious award.
safety
Customer mobiL ProDuCing nigeria (mPn)ProjeCt ePCm-1 Program LoCation Lagos, nigeriamiLestone 4 miLLion hours Lti free
award
this year WorleyParsons’ sedimentation scanner and coral transector secured the aPPEa Oil & Gas Safety Innovation award and the Western australian Department of Mines & Petroleum Golden Gecko Environmental award. the robotic unit offers a completely remote controlled marine monitoring system, removing the need for divers to operate in highly hazardous environments with low visibility and other dangers. Provision of a complete diver–less solution for marine monitoring is a major step change across the global industry.
WorleyParsons Corporate Profile 7
across resource and energy sectors there is a greater understanding of the business risks and opportunities associated with sustainability – water, energy, carbon and air emissions. Customers are very conscious of the importance of their “licence to operate” and how poor sustainability performance can affect their operational continuity and profitability.
Developing countries continue to elevate their expectations on development partners and contractors to ensure all resource and energy projects deliver value beyond the direct asset without compromising sustainability objectives. Increasingly companies are placing a valuation on externalities, particularly natural and environmental assets. What is often lacking is a framework within these values that can support decision making – this is where WorleyParsons is a world leader with Economics™.
the software toolkit – DElta3 – is being deployed across our business to support our customers’ sustainability data presentation and analysis. this tool’s interactive capability enables multiple scenario planning resulting in better decision making. WorleyParsons
has also developed its Sustainable Project Delivery process, which embeds sustainability into project delivery, small and large, across the asset lifecycle.
Currently, the Economics™ suite is being deployed in australia, Canada, Saudi arabia, uaE, uSa, uK, uzbekistan and Venezuela on projects that examine challenges associated with CO2 reduction emissions, iron ore sustainability, water management, national power strategies, difficult oil developments and remediation plans.
Customer uzbekistan ministry of eConomy, worLD bank, aCCLimatize
ProjeCt nationaL Power PoLiCy 2050 CLimate Change assessment
LoCation uzbekistanexeCuting LonDon, Perth offiCes
Certification
WorleyParsons’ Economics™ assessment, which helps our customers make more environmentally, socially and economically sustainable decisions, was formally audited by lloyds Quality Register and awarded an lRQa formal certification under ISO9001 as a sustainability process – the first of its kind lloyds have certified anywhere in the world. With this, we have entered into an agreement with lloyds to allow them to provide independent third party validation of individual Economics™ assessment projects to customers.
SustainableOperations
Prioritizingportfolio decisions
for long termasset growth
SustainableDecisions
Quantifying sustainabilityfor informed
decision making CarbonEcoNomics™
Offering carbonsolutions across
the project lifecycle
SustainableProject Delivery
EmbeddingSustainabilityin design and
execution
LeaDershiP teamcorPorate strenGtH1.3
Left to right:
John Grill Chief Executive OfficerIain Ross Group Managing Director –
DevelopmentStuart bradie Group Managing Director –
Operationsbarry bloch Group Managing Director –
Peopleandrew Wood Group Managing Director –
finance/CfO Dave Steele Group Managing Director –
Delivery
Left to right:
Gordon Cowe Managing Director – Infrastructure & Environment
Roy Pearson Regional Managing Director – Sub Saharan africa
Jay Ibrahim Regional Managing Director – Middle East, north africa & India
Mark trueman Regional Managing Director – latin america
Ian Wilkinson Regional Managing Director – australia West
WorleyParsons Corporate Profile8
Left to right:
Randy Karren Regional Managing Director – Canada
Chris Parker Regional Managing Director – united States of america & Caribbean
brian Evans Managing Director – hydrocarbons
Denis lucey Regional Managing Director – asia & China
bill hall Managing Director – Project Delivery
Chris ashton Managing Director – Power
Left to right:
Graeme henderson Managing Director – Improve
Craig Reeves Managing Director – Special Projects
Mark Southey Managing Director – Minerals & Metals
Chris O’neill Regional Managing Director – australia East & new Zealand
Greg Conlon Regional Managing Director – Europe
Greg Clinnick Managing Director – Risk & assurance
WorleyParsons Corporate Profile 9
WorleyParsons Corporate Profile10
1.4
australia | Canada | netherlands | new Zealand | SingaporeSpain | united Kingdom | united States of america
DeveLoPeD worLD
DrivinG efficiency anD oPtimization
WorleyParsons Corporate Profile 11
In the developed world resource and energy owners are experiencing a range of challenges. Global economic uncertainty has placed some restrictions around development funds and they await greater certainty on national emission policy requirements. In the fossil fuel power market, downstream refining and mining industries, the owners are focused on efficiency and optimization of their assets. they are trying to extract more with less.
In each of these markets, the focus of their budgets is often centered on minimizing their energy consumption and maximizing their environmental performance. the “licence to Operate” mentality is at the forefront of their planning. achieving these objectives with aging asset infrastructure is a challenge and we continue to observe the major owners
invest and acquire technologies that will support their “licence to Operate” plans.
the exceptions to this trend are the oil sands market in Canada and the lnG market in australia where greenfield development plans continue to attract significant interest. these developments are in small geographic pockets and often have limited available infrastructure surrounding them.
Whether trying to extract more from an aging facility or optimally developing an asset safety, quality, cost and schedule remain the primary drivers for owners. WorleyParsons, being the largest international engineering, procurement and construction company in China, is able to offer customers technically strong solutions at attractive rates through our five Chinese offices.
LoCation new york, uniteD states of ameriCa
WorleyParsons Corporate Profile12
1.5
angola | brazil | brunei | bulgaria | Chile | China | Colombia | Ecuador | Egypt | Ghana | India | Indonesia | Iraq | Jamaica | Kazakhstan | Kuwait | Malaysia | Mongolia | namibia | nigeria | Oman | Peru | Qatar | Russia | Saudi arabia | South africa | thailand | trinidad | uaE | uruguay | uzbekistan
DeveLoPing worLD
creatinG lonG term sustainable assets
WorleyParsons Corporate Profile 13
the majority of countries across the globe are considered to be developing. In many of these countries, the primary objective of the government is to monetize their resource assets to create wealth to develop education, hospitals and infrastructure. the assets held by developing countries were once considered too complex to extract but with new technologies and an increased expectation for global demand they are now attracting international funding. In parallel, investors worldwide are increasingly channeling their investments toward the developing nations to support the projected rapid population growth, demand for materials and increased affluence.
Previously, many of the major resource owners were reluctant to undertake multibillion dollar investments in these countries. that is not the case today as the developing world contains most of the world’s untapped resources and continues to provide the majority of the large project opportunities.
across africa and South america governments are seeking more than a bauxite processing plant, an offshore
platform or a hydroelectric scheme. they seek a range infrastructure and training programs around these specific assets and they are very interested in sustainability and environmental leadership.
Central to their need is contractors willing to invest in developing a local business and to remain committed to the local market through all the business cycles. WorleyParsons’ acquisition strategy has supported the need for local operations and over the past two years we acquired Kwezi V3 Engineers in South africa, CnEC Engenharia in brazil and increased ownership of our China, South africa, Saudi arabia and bahrain operations. new offices have also been created in Mongolia, namibia and Ghana.
as investment demand shifts from the developed to the developing world, WorleyParsons has an opportunity to capitalize on the strong and expanding position we have in these regions. all of our sectors are making progress in deploying our expertise to support projects in these areas and establish genuine local capability.
LoCation jubaiL, sauDi arabia
OIL
Middle East
21.4 935.9Imports Exports
LNG
2.94 100.6Imports Exports
OIL
Russia
4.8 421.2Imports Exports
GAS
32.7 186.5Imports Exports
OIL
China
294.5 31.4Imports Exports
OIL
Japan
225.7 14.4Imports Exports
LNG
93.5 0Imports Exports
OIL
South & Central America
77.7 175.8Imports Exports
OIL
United States of America
577.1 103.1Imports Exports
GAS
93.3 30.3Imports Exports
OIL
Africa
43.6 387.2Imports Exports
LNG
0 58.4Imports Exports
GAS
4.9 54.2Imports Exports
OIL
Europe
596.8 91.1Imports Exports
brian Evans Managing Director – hydrocarbons
major traDe movements 2010
gas(billion cubic meters)
oiL (million tonnes)
Lng (billion cubic meters)
20
10 10
4060
30 30
80
50 50
100
70
200
90300
“ the emergence of gas as the primary energy commodity of the future has created exciting challenges and opportunities in our sector.”
oiL anD gas market DynamiCs
14 WorleyParsons Corporate Profile
2.0 HyDrocarbons
OIL
Middle East
21.4 935.9Imports Exports
LNG
2.94 100.6Imports Exports
OIL
Russia
4.8 421.2Imports Exports
GAS
32.7 186.5Imports Exports
OIL
China
294.5 31.4Imports Exports
OIL
Japan
225.7 14.4Imports Exports
LNG
93.5 0Imports Exports
OIL
South & Central America
77.7 175.8Imports Exports
OIL
United States of America
577.1 103.1Imports Exports
GAS
93.3 30.3Imports Exports
OIL
Africa
43.6 387.2Imports Exports
LNG
0 58.4Imports Exports
GAS
4.9 54.2Imports Exports
OIL
Europe
596.8 91.1Imports Exports
worLD LiquiD fueLs ProDuCtion (million barrels per day)
worLD naturaL gas ProDuCtion (trillion cubic feet)
2007 2015
84.8 88.7 97.7 110.6
2025 2035
34.4 50.4 37.4 51.3 41.2 56.5 47.0 63.6
2007 2015
106.5 127.0 144.9 155.4
2025 2035
39.5 67.0 40.2 86.8 41.9 103.0 44.8 110.6
OPEC OECDnon-OPEC non-OECD
WorleyParsons Corporate Profile 15
Customer interoiL CorPoration anD PaCifiC Lng oPerations
ProjeCt fLex Lng’s fixeD fLoating Lng ProDuCtion (feeD)
Country PaPua new guineaexeCuting LonDonoffiCe
• Planned to be the first floating facility to produce Lng
• Joint venture with KANFA Aragon
2.1 HyDrocarbons
WorleyParsons Corporate Profile16
17
the ability to move energy in the form of oil or liquefied natural gas (lnG) has become a critical element of the global economy. as the oil resources base is predicted to decline, we are seeing unprecedented investment in lnG plants and the complementary regasification facilities.
In recent years the number of offshore gas discoveries has increased. however, not all offshore discoveries are commercially developed due to the high capital expenditure required to bring gas onshore. natural gas found in offshore fields is either flared or reinjected into offshore reservoirs. In order to monetize such reserves, several companies have been developing floating liquefaction technology, which allows the offshore liquefaction of natural gas.
Such floating lnG (flnG) production facilities reduce the capital expenditure per ton of lnG produced compared to land based terminals, whose development investment is generally higher. the cost reduction is largely due to the elimination of land based facilities and long, undersea pipelines that are required for these lnG production terminals. floating lnG projects in Papua new Guinea and nigeria are expected to commence operations by 2015.
to date, very few projects have been awarded in this fledgling industry, which is anticipated be a major component of the global lnG sector. WorleyParsons with our norwegian partner Kanfa aragon was selected by Samsung heavy Industries to perform a field specific front End Engineering Design (fEED) for flEx lnG’s fixed floating lnG production project for InterOil Corporation and Pacific lnG Operations in Papua new Guinea.
Ranhill WorleyParsons, with our Malaysian partner Muhibbah Engineering, is delivering Malaysia’s first lnG Regasification terminal for Petronas Gas. this lnG regasification facility is the first of its kind, and blends onshore and offshore technologies and design considerations. the facility will include two floating storage units to receive and store lnG, and a regasification unit on the island jetty. the resultant natural gas will be transferred via a new subsea pipeline into Malaysia’s network.fl
oat
inG
ln
G
WorleyParsons Corporate Profile
Customer qgC (bg grouP)ProjeCt queensLanD Curtis
Lng isLanD Country austraLiaexeCuting brisbane, meLbourne, offiCes singaPore anD beijing
• Engineering and procurement for the upstream gas field
• Coal seam gas from the Surat Basin in queensland
WorleyParsons Corporate Profile18
HyDrocarbons2.2
the world has a huge appetite for energy and it is anticipated that consumption will increase by nearly 40% over the next twenty years. the majority of this energy is anticipated to be created from fossil fuel sources – oil and gas. to meet this projected need, gas assets are becoming an increasingly important part of the energy mix for independent and national energy companies. an increasing proportion of this gas portfolio is from unconventional sources – tight gas, shale gas and coal seam methane.
Previously considered too complex to recover, these resources are now being liberated through advances in applicable technology such as horizontal drilling and hydraulic fracturing. In many parts of the world, unconventional resources are changing the energy landscape. the united States holds the largest reserve base of unconventional gas and accounts for nearly 36% of the total unconventional reserves base. With an increasing focus towards reducing carbon emission, the unconventional gas market is expected to gain ground.
the markets are responding. International oil companies have increased the share of unconventional reserves in their oil and gas portfolios by expanding their presence in unconventional plays globally. China aims to become a significant shale gas producer while australia aims to become a coal seam methane producer. four new lnG plants in australia are underpinned by commercially recoverable unconventional reserves.
the technical and societal challenges associated with optimizing these developments include the environmental impact of water management and land access. the industry is nascent and new production processes are emerging that will permit greater certainty around the estimation of reserves.
WorleyParsons is currently executing unconventional gas projects, at various stages of development in australia, Canada, Europe and the uSa. this exemplifies the aggregation of WorleyParsons’ global expertise in gas processing, field development planning and execution, water management, pipelines, procurement and project logistics.u
nco
nv
enti
on
al
oil
& G
as
19WorleyParsons Corporate Profile
WorleyParsons Corporate Profile20
HyDrocarbons
Dif
ficu
lt o
il
2.3
the International Energy agency (IEa) has estimated a decline in world oil reserves of 8.6% by 2030. three areas that are on the front line of investment are the deepwater fields off brazil, the arctic reserves in Canada and Russia and the oil sands in Canada. the projected oil price over the next twenty years, along with the exhaustion of all “easy oil”, has encouraged independent and national oil companies to invest the substantially greater funds required to monetize these reserves.
brazil, one of the world’s largest consumers of energy, has traditionally been a net crude oil importer. however, technological advancements have led to a series of new deepwater fields being discovered. Increasing domestic oil production is forecast to enable the country to be self-sufficient by 2011 and emerge as a key oil exporter in the future. Most of the country’s oil reserves, run by the national oil company Petrobras, are located in the south east coast offshore Campos and Santos basins. Most of these fields are deep water offshore oil fields with production of heavy grade oil. the reserves are some of the deepest ever commercialized and will require floating production, storage and off-take vessels (fPSOs).
In brazil, CnEC WorleyParsons is leading our efforts to secure a leadership position in the deepwater market. Our global fPSO and offshore Improve capability and experience provides a strong base to build a dedicated operation supporting the national and international oil companies.
the exploration of the arctic for petroleum is more technically and physically challenging than for any other environment – the depth of the reserves, the unforgiving weather conditions and the threat of icebergs to offshore assets. there are 19 geological basins making up the arctic region. Some of these basins have experienced oil and gas exploration, most notably the alaska north Slope where oil was first produced in 1968 from Prudhoe bay. however, only half the basins – such as the beaufort Sea and the West barents Sea – have been explored.
alberta’s oil sands reserves are estimated at 175 billion barrels – deemed economically recoverable with today’s technology. those reserves place Canada second behind Saudi arabia in the world ranking of crude oil reserves by country. at current production levels, reserves will sustain production of 2.5 million b/d for over 200 years. lower production costs have been an important factor driving investment. however, in 1996, the federal and albertan governments established generic oil sands fiscal terms to make oil sands investment more competitive with oil developments elsewhere in the world.
WorleyParsons Canada is a market leader in the successful commercial development of oil sands and heavy oil projects. Our extensive track record ranges from ongoing brownfield support services, fabrication of well pads, through to the execution of multibillion dollar greenfield developments.
Customer meg energyProjeCt Christina Lake Phase 2b
oiL sanDs PLant Country CanaDaexeCuting CaLgary offiCe
• 35,000 bpd steam assisted gravity drainage production
• Long term relationship with MEG Energy
WorleyParsons Corporate Profile 21
2005 2015 20352025
1510
10
50
1020
10
20
1510
20
40
10
243.8 229.0
427.7
246.0 297.5 263.2 375.5 280.7 458.0
543.5 638.7738.7
TOTAL ENERGY CONSUMPTION
OECD North America
122.4
146.3
2005
2035
TOTAL ENERGY CONSUMPTION
Africa
17.2
29.0
2005
2035
TOTAL ENERGY CONSUMPTION
Middle East
22.8
45.7
2005
2035
TOTAL ENERGY CONSUMPTION
OECD Europe
82.4
88.2
2005
2035
TOTAL ENERGY CONSUMPTION
Non-OECD Asia
112.6
277.3
2005
2035
TOTAL ENERGY CONSUMPTION
OECD Asia
39.0
46.3
2005
2035
TOTAL ENERGY CONSUMPTION
Central and South America
26.0
45.7
2005
2035
TOTAL ENERGY CONSUMPTION
Non-OECD Europeand Eurasia
50.4
60.2
2005
2035
world population
world total energy consumption
6.5
427.7
2005
QuaDrillion btu
billionworld population
world total energy consumption
8.6
738.7
2035
QuaDrillion btu
billion
liquids
natural Gas
Coal
nuclear
Other
20
worLD totaL energy ConsumPtion by fueL 2005-2035 (quaDriLLion btu)
worLD PoPuLation average annuaL PerCent Change 2007-2035
1.7 non-OECD africa
1.5 non-OECD Middle East
1.0 non-OECD Central and South america
0.9 OECD north america
0.8 non-OECD asia
0.2 OECD Europe
-0.1 OECD asia
-0.2 non-OECD Europe and Eurasia
2005: 45.0
2035: 55.0
20 40
22 WorleyParsons Corporate Profile
what is our futurePower3.0
2005 2015 20352025
1510
10
50
1020
10
20
1510
20
40
10
243.8 229.0
427.7
246.0 297.5 263.2 375.5 280.7 458.0
543.5 638.7738.7
TOTAL ENERGY CONSUMPTION
OECD North America
122.4
146.3
2005
2035
TOTAL ENERGY CONSUMPTION
Africa
17.2
29.0
2005
2035
TOTAL ENERGY CONSUMPTION
Middle East
22.8
45.7
2005
2035
TOTAL ENERGY CONSUMPTION
OECD Europe
82.4
88.2
2005
2035
TOTAL ENERGY CONSUMPTION
Non-OECD Asia
112.6
277.3
2005
2035
TOTAL ENERGY CONSUMPTION
OECD Asia
39.0
46.3
2005
2035
TOTAL ENERGY CONSUMPTION
Central and South America
26.0
45.7
2005
2035
TOTAL ENERGY CONSUMPTION
Non-OECD Europeand Eurasia
50.4
60.2
2005
2035
2005 2015 20352025
1510
10
50
1020
10
20
1510
20
40
10
243.8 229.0
427.8
246.0 297.5 263.2 375.5 280.7 458.0
543.5 638.7738.7
TOTAL ENERGY CONSUMPTION
OECD North America
122.4
146.3
2005
2035
TOTAL ENERGY CONSUMPTION
Africa
17.2
29.0
2005
2035
TOTAL ENERGY CONSUMPTION
Middle East
22.8
45.7
2005
2035
TOTAL ENERGY CONSUMPTION
OECD Europe
82.4
88.2
2005
2035TOTAL ENERGY CONSUMPTION
Non-OECD Asia
112.6
277.3
2005
2035
TOTAL ENERGY CONSUMPTION
OECD Asia
39.0
46.3
2005
2035
TOTAL ENERGY CONSUMPTION
Central and South America
26.0
45.7
2005
2035
TOTAL ENERGY CONSUMPTION
Non-OECD Europeand Eurasia
50.4
60.2
2005
2035
OECD non-OECD
“ the global power industry is on the cusp of major change. traditional solutions will not address the needs of the future.”
Chris ashton Managing Director – Power
worLD totaL energy ConsumPtion
23WorleyParsons Corporate Profile
Customer viCtorian state government
ProjeCt aDvanCeD metering Country austraLiaexeCuting meLbourneoffiCe
• Cost benefit analysis of the AMI program
• Supporting consumers to effectively manage their energy consumption
24
Power
WorleyParsons Corporate Profile
3.1
25
sma
rt
ener
Gy
WorleyParsons Corporate Profile
a growing trend across the developed world is to integrate the power chain and to permit technology to optimize the utilization of current power systems.
Smart grids are electricity networks capable of intelligently integrating the behavior and actions of all connected users – generators through to consumers – in order to efficiently deliver sustainable, economic and secure electricity supplies. a smart grid is facilitated by a communications architecture enabling full integration of all functional aspects of the power system (fuel supply, generation, energy storage, transmission, distribution, and the consumer) with its support functions such as operations, markets and service provision.
a smart grid employs innovative products and services together with intelligent monitoring, control, communication, and self healing technologies. Its aim is to allow consumers, network owners and operators to play a part in optimizing the operation of the system, significantly reduce environmental impact, and to further enhance the existing high levels of system reliability, quality and security of supply. ultimately the utilization of this technology is anticipated to slow the rate of demand growth and associated emissions.
Energy supply and reliability continue to be a major focus for all resource companies. the reliability of power supply is one of the greatest risks and the cost is one of the largest costs to any hydrocarbon, mining or mineral processing asset owner. this exposure drives businesses to investigate and invest in strategies to deliver long term sustainable solutions.
WorleyParsons strong reputation and relationship base positions us well to support Smart Energy initiatives currently being developed by the complex industrial and energy sectors along with developing communities.
26 WorleyParsons Corporate Profile
nu
clea
r
the world entered 2011 with 440 nuclear reactors operating with total capacity of 377 Gigawatts in 30 countries with a further 66 reactors under construction. this trend accounts for the so – called “nuclear renaissance”.
the European Commission states that nuclear energy is the only electricity generation method which manages to meet almost a third of Europe’s demand using 18% of the total installed capacity on the continent. nuclear power provides for half of the base load in the European union and 20% of capacity in the united States. the large number of older operating power units (as many as 80%) provides another reason for the rising interest in new nuclear build in the developed world.
however, new projects are moving from the developed to the developing world. the newcomers play a key role in the development of the industry including many Middle Eastern and asian countries like uaE, Egypt, Jordan, Saudi arabia, Indonesia, Singapore, Vietnam, Malaysia and thailand. new projects are on the agenda of countries like the Czech Republic, bulgaria, Slovakia, Poland and Romania and projects in armenia, turkey, China, Korea, India, france, finland, brazil, Russia, the uSa and the uK are moving ahead.
Due to the recent fukushima incident, the global nuclear industry has focused on the capabilities of existing and future nuclear units to “survive” extreme natural events. It is likely that units at the end of their lifecycle will be permanently shut down. Operating costs for some other nuclear plants are likely to rise, mainly due to the need for additional safety measures. It is anticipated ongoing projects with Gen III/III+ designs will demonstrate a qualitatively higher level of reliability if experiencing similar incidents.
WorleyParsons is currently providing program management for new build units in bulgaria, Slovakia, armenia, Jordan and Egypt. feasibility studies are being executed in Slovenia and Russia. Support services are being provided to operating plants in the uSa, Slovenia, Sweden, bulgaria and Canada.
Power3.2
Customer akkuyu ngs eLektrik Üretim anonim Şirketi
ProjeCt akkuyu nuCLear Power PLant
Country turkeyexeCuting sofiaoffiCe
• Turkey’s first nuclear power plant
• Consultancy services for the 4,000 mw plant
27WorleyParsons Corporate Profile
Customer Loy yang PowerProjeCt Power station anD mine Country austraLiaexeCuting meLbourne, offiCes syDney
• Providing one third of Victoria’s electricity needs
• Five year agreement to provide upgrade and maintenance services
28
Power
WorleyParsons Corporate Profile
3.3
29
Coal fired power will remain a dominant source of generation capacity for the next decade. Most western regions have not recovered their pre-financial crisis level of electricity demand. any additional renewable capacity will require existing fossil plants to accommodate this change. this creates new challenges for the owners of both coal and gas fired assets.
Current global economic and political uncertainty has impacted many projects delivering performance upgrades, and uncertainty with regard to air and water emissions legislation has delayed major retrofit projects.
utilities across the world are seeking ways to best utilize their existing fleet of plant. to enable this to occur, many are restructuring their organizations, divesting assets, exploring service provider alternatives and determining their “sweet spot” across the entire energy value chain.
the solutions power customers seek in this particular business are diverse. WorleyParsons’ engagement with customers extends from engineering, maintenance, outages, and full plant operations and maintenance support through to retrofit projects like air quality control. Our ability to offer tailored and broad solutions, maintain diverse technology experience and independence, and work collaboratively with customers through long term agreements is central to our offer in the power industry.
WorleyParsons is supporting a range of customers in addressing the challenges associated with fleet performance optimization including tennessee Valley authority, arizona Public Service, los angeles Power and Water, and uCla in the uSa, fellside in the uK, Ontario Power in Canada along with Verve Energy and loy yang Power in australia.
Our provision of maintenance, outages and project services to tennessee Valley authority’s coal and hydro fleet has been in place for 20 years. Our team’s ability to deliver industry best practice and achieve an exemplary safety record has been pivotal in maintaining a long term relationship.fo
ssil
fu
el
improve
WorleyParsons Corporate Profile
Mark Southey Managing Director – Minerals & Metals
“ Innovation, access to skilled resources and engagement with local communities are increasingly important factors in successful project development.”
major CommitteD anD PotentiaL DeveLoPment ProjeCts (exPeCteD totaL instaLLeD Cost >$us 1biLLion)
ProjeCteD investment to 2020
Less than $500m
m = miLLionb = biLLion
$500m — $2b
Developing World
$2b — $10b
$10b — $20b
greater than $20b
Developed World
light Metals
Iron Ore fertiliser
Other
Coal
base Metals
30
4.0 minerals & metalsPreviousLy stranDeD resourCes now Coming to market
WorleyParsons Corporate Profile
100
CommodityIntensity1
IndiaGDP
~$3.2k/capita
GDP per capita (real, 2005 $US)
75
50
25
0 5 10 15 20 25 30 35 40 45 500
ChinaGDP
~$7.3k/capita
USGDP
~$42.0k/capitainCreasing
intensities Driven by a DemanD shift for CommoDities
1 Stylised intensity curves based on developed countries, Indexed to 100 at maximum
Source: IMf, uSGS, CIa factbook
Late-cycle commodities, eg. platinum, nickel
mid-cycle commodities, eg. copper, lead, zinc
early-cycle commodities, eg. steel, iron ore
31
PreviousLy stranDeD resourCes now Coming to market
WorleyParsons Corporate Profile
32 WorleyParsons Corporate ProfileWorleyParsons Corporate Profile
Pit
to
Po
rt
across the developing world countries are seeking access to stranded iron ore to support steel production and coal to support energy requirements. Industry analysts predict West africa could produce around 10% of the world’s iron ore supply, of a similar grade to australian and brazilian deposits. the industry leaders bhP billiton, Rio tinto, Vale and Chinalco have announced planned expenditure of around $10 billion on projects in West africa.
Coal’s continuation as a cost efficient energy fuel-of-choice for many countries has led to further investment in known, but previously stranded, resources. for example, Mongolia has proven reserves of 12 billion tonnes of coal. a number of developing countries with extensive coal deposits also have similar challenges to Mongolia where a lack of infrastructure limits the exploitation of the assets.
the mining and material handling aspects of these projects are complex and well known. Invariably, there are unique infrastructure challenges including the development of rail and port facilities, power and water management, environmental considerations and the creation of an efficient logistics network.
WorleyParsons has led our industry in creating innovative design and project execution strategies to meet the challenges associated with stranded iron ore and coal deposits. a dedicated team has completed twenty Pit to Port studies for customers in africa, Middle East, australia and South america.
this innovative track record includes the successful deployment of the first preassembled transfer Station at fortescue Metals’ marine offloading facility in Port hedland for their t155 expansion.
4.1 minerals & metals
Customer Consortium of eight CoaL ComPanies
ProjeCt wiggins isLanD CoaL exPort terminaL stage 1 (wiCet)
Country austraLiaexeCuting brisbane, offiCes gLaDstone
• Procurement and construction management services
• Stage One will deliver 27 million tonnes per year of export capacity
33WorleyParsons Corporate Profile
Customer angLo ameriCanProjeCt ePCm gLobaL
framework agreementCountry gLobaLexeCuting austraLia offiCe
• Supporting the “One Anglo” initiative
• Optimizing supply chain effectiveness
34
minerals & metals
WorleyParsons Corporate Profile
4.2
35WorleyParsons Corporate Profile
Over the last decade the Minerals and Metals industry has been characterized by globalization and consolidation. there is now a clear delineation between major customer groups with a limited number of global mining houses occupying one end of the spectrum, some large pure play miners, a number of large regional producers and hundreds of juniors.
Projects have become more complex, competition for the investment dollar is significant and global economic uncertainty has added volatility to the mix. Owners who can efficiently commercialize world class resources across a range of commodities irrespective of location are anticipated to be the ones most likely to succeed.
Some of the challenges faced when developing assets in remote and rural locations are inadequate infrastructure (inc. water and waste water, power, roads and bridges), a lack of available skilled resources and successful stakeholder engagement.
Innovation is proving critical to successful project delivery around the globe. Some large mining companies are investing in developing long term relationships with their project delivery providers. If structured effectively and with appropriate companies, synergies can be captured in areas such as speed to market, resource and skill security, globally consistent outcomes and positive engagement with local stakeholders. Other companies are focusing on the integration of preassembled facilities and modularization as a key part of their project execution strategy. this is enabling greater certainty in terms of schedule and cost, increased labour productivity, increased site safety performance and the possibility of fast track development.
In response to these trends WorleyParsons has developed long term agreements with several global minerals and metals companies including – Vale, anglo american, bhP billiton Iron Ore, Rio tinto and xstrata. furthermore we are actively engaged in innovative project delivery through the design, engineering, procurement and construction management of Vale’s S11D Iron Ore facility 2000km north of Sao Paulo.
Glo
ba
l P
ro
ject
D
eliv
ery
36 WorleyParsons Corporate Profile
minerals & metals
asset intensive industries require management services that provide a balanced, strategic approach to ensure assets are managed to deliver the most for their business. the minerals and metals sector is capital intensive so the owners are vigilant in their quest for productivity gains and higher plant reliability at a lower operating cost from existing assets. In the mining sector, many of the players are calibrating their production according to demand so capital efficiency and productivity underpins their profitability.
an asset management approach increases productivity through increased throughputs and decreasing unit costs – component parts have a longer life span with greater availability and reliability. the cost reduction from minimization of replacement parts makes a tangible difference to the bottom line.
WorleyParsons is in a unique position within the market to integrate operational readiness and reliability into project delivery. We integrate the asset management process during the front End Engineering and Design (fEED) process and throughout the total life cycle of a project to encourage operational readiness and reduce equipment costs.
through our work with tomago aluminium, WorleyParsons delivered the “nano Project Delivery Process” (nPD). It optimizes delivery of small capital projects and has resulted in a 60% reduction in cycle time and a 32% reduction in engineering costs for tomago. bhP billiton’s ISa process assessed WorleyParsons’ work at Worsley alumina as “top Quintile” for project deployment and rated as best practice in Investment Process Owner buy-in, Project Recognition, and front End loading.ass
et
ma
na
Gem
ent
4.3
Customer kCm saProjeCt owner’s engineer
integrateD serviCes ContraCt
Country buLgariaexeCuting sofia, offiCes aDeLaiDe
• Supporting the development of new lead plant
• Addressing environmental challenges
37WorleyParsons Corporate Profile
worLD water management
Gordon Cowe Managing Director – Infrastructure & Environment
LoCations of ProjeCts being DeveLoPeD by gLobaL DiversifieD resourCe LeaDers
the worLD’s freshwater suPPLiesProjeCtion for 2025annual renewable supplies per capita per river basin (m3 per capita)
500 1000 1700 4000 10000
Scarcity Stress Sufficient quantities
“ global pressure on water supplies is increasing. access, depletion, treatment and remediation of water supplies will receive increasing scrutiny.”
38 WorleyParsons Corporate Profile
5.0 infrastructure & environment
Changes in gLobaL water use by seCtor
agricultural Domestic
WithdrawalConsumptive useReturns and waste
3200
km3
0
2400
1600
800
1900
400
1200
2000
2800
1925 1950 1975 2000 2025
Assessment Forecast
WithdrawalConsumptive useReturns and waste
800
km3
0
600
400
200
1900
100
300
500
700
1925 1950 1975 2000 2025
Assessment Forecast
WithdrawalConsumptive useReturns and waste
1600
km3
0
1200
800
400
1900
200
600
1000
1400
1925 1950 1975 2000 2025
Assessment Forecast
industrial
WithdrawalConsumptive useReturns and waste
3200
km3
0
2400
1600
800
1900
400
1200
2000
2800
1925 1950 1975 2000 2025
Assessment Forecast
WithdrawalConsumptive useReturns and waste
800
km3
0
600
400
200
1900
100
300
500
700
1925 1950 1975 2000 2025
Assessment Forecast
WithdrawalConsumptive useReturns and waste
1600
km3
0
1200
800
400
1900
200
600
1000
1400
1925 1950 1975 2000 2025
Assessment Forecast
WithdrawalConsumptive useReturns and waste
3200
km3
0
2400
1600
800
1900
400
1200
2000
2800
1925 1950 1975 2000 2025
Assessment Forecast
WithdrawalConsumptive useReturns and waste
800
km3
0
600
400
200
1900
100
300
500
700
1925 1950 1975 2000 2025
Assessment Forecast
WithdrawalConsumptive useReturns and waste
1600
km3
0
1200
800
400
1900
200
600
1000
1400
1925 1950 1975 2000 2025
Assessment Forecast
39WorleyParsons Corporate Profile
Customer ConfiDentiaLProjeCt CoaL mine brine
management strategyCountry ConfiDentiaLexeCuting syDney offiCe
• Strategy to deal with seepage post prolonged high rainfall period
• Dewatering increased by 33%
40 WorleyParsons Corporate Profile
infrastructure & environment
5.1
41WorleyParsons Corporate Profile
wat
er s
ecu
rit
y
Growth of the global economy and increased consumption is fuelling the demand in the energy (hydrocarbons and electricity) and mining (coal, iron ore) industries which in turn drives those industries to seek additional secure water supplies. Water scarcity is becoming an increasing concern in many parts of the world and is forecast to increase as population growth and increasing urbanization and improved living standards place competing demands on available resources.
the number of businesses with water security is declining and this trend is anticipated to continue.
Owners are challenged by the complexity and uncertainty associated with issues such as:
• Financial, social and environmentally sustainable water treatment and disposal methods.
• Sustainable methods for disposal of excess and produced waters.
• Whole of life solution for water and wastewater management including end of life strategies.
• Management of salts and other components of water and wastewater streams.
• Adaptation to climate change, in particular greater intensity of storm events.
WorleyParsons is increasingly being sought by resource and energy companies a key partner for all water related issues. this approach eliminates the often ad hoc approach to water management arising at project level, and enables the development of long term strategies to oversee the full asset requirements and obligations through a portfolio of projects.
Our close connection to, and understanding of, the hydrocarbons, mining and power sectors, along with our global footprint, provides both a macro and nano perspective of water management issues. WorleyParsons’ strong track record in delivering innovative solutions utilizing pipelines, groundwater and membrane technologies, and sustainability modeling has proven to be pivotal in designing water security solutions for customers.
42 WorleyParsons Corporate Profile
infrastructure & environment
5.2
Customer Port metro vanCouverProjeCt Container CaPaCity
imProvement ProgramCountry CanaDaexeCuting vanCouver offiCe
• Canada’s largest and busiest port
• Delivering the most efficient ship-to-rail designs of any port in north america
43
futu
re
Po
rts
Global growth in shipping of both containerized goods and bulk commodities is expected over the next decade, particularly in developing countries within Sub Saharan africa and latin america. the traditional routes and hubs are becoming less relevant as the balance of consumption shifts toward the developing countries. as a result, transport and supply chain leaders need to rethink existing resource and freight logistic paradigms and the role of the primary interface – marine ports.
the extent of automation of container and bulk handling terminals will become a critical factor in long term viability of operators. terminals will need to adapt to the new class of container vessels and need to redesign their Ship to Shore cranes to accommodate future requirements. WorleyParsons is working with owners and operators to optimize these designs for implementation.
a new class of bulk carrier will potentially require ports to be built at over 10 kilometers from the shoreline. Economically, such ports become challenging to build with existing widely acceptable marine structures and construction techniques.
Port locations are also adapting to new industry demands. the hydrocarbons industry has accelerated its entry to the arctic to tap previously untouched reserves of oil and gas. this investment shift to the north will require arctic ports positioned in a very hostile environment where ice management is a critical consideration. Port and terminal design minimizing the impact on the pristine environment in the arctic will be expected by all the stakeholders. Creating these assets in weather dependent constrained construction windows is an additional challenge.
WorleyParsons’ extensive experience in all forms of marine development, comprehensive understanding of the needs of the resource industry, and track record in remote and harsh climate project execution provides a strong basis to create innovative Ports of the future solutions.
WorleyParsons Corporate Profile
44 WorleyParsons Corporate Profile
infrastructure & environment
res
tor
atio
n
5.3
the volume of built infrastructure associated with the global energy and resources industry is significant. In the united States alone, it is estimated there are 4,000 offshore platforms, 150 refineries, 350,000 oil wells (on/offshore), 450,000 natural gas wells (on/offshore), 6,500 power plants and 100 nuclear reactors.
WorleyParsons’ restoration expertise helps our customers identify, assess and implement long-term sustainable solutions for facility end-of-life challenges, brownfield developments and in response to catastrophic events. We analyze risks and develop strategies for each asset class by examining the economic, environmental and community implications of holding the asset and its associated liabilities or preparing it for closure and/or redevelopment.
there will be an accelerated need for upstream oilfield restoration, offshore platform decommissioning, refinery decommissioning and remediation, mine site closure and reclamation and industrial precinct restoration and brownfield redevelopment. Oil sands tailings ponds and power plant security have been major areas of focus across the industry. the nuclear power plant D4 industry (Deactivation, Decommissioning, Demolition and Decontamination) is well established and anticipated to grow.
addressing dynamic regulatory requirements and increasing expectations of stakeholders is complex and strategy development is challenging. Customers face considerable challenges from the costs and scheduling risks created by approval and regulatory hurdles, the limited site selection options, and the harnessing of potential synergies. WorleyParsons understands these challenges, assesses risks and opportunities associated with the asset portfolio, and creates effective and achievable outcomes.
Customers worldwide value WorleyParsons’ integration of consulting, project execution and program management. the benefits of this model are the ability to interface with our customers at a high level, develop the end-of-life strategies and master plan with them, identify risks and opportunities related to the options and manage the delivery of the series of projects required to meet business objectives. We have the ability to integrate our inhouse broader technical and business advisory practice and a broad program management capability.
45WorleyParsons Corporate Profile
Customer bPProjeCt north ameriCan
environmentaL ConsuLting & engineering serviCes
Country usa, CanaDaexeCuting Long beaCh, houston offiCes CaLgary, vanCouver
• Optimize environmental spend & contractual risk
• 3 year North America agreement
WorleyParsons Corporate Profile46
6.0 biblioGraPHy
• bP Statistical Review of World Energy 2011, P.19, 28, 29• International Energy Outlook 2010, ©u.S. Energy Information administration, P.24, 46 • Christina lake. Image courtesy of ConocoPhillips
• Image courtesy of Port Metro Vancouver
• International Energy Outlook 2010, ©u.S. Energy Information administration, P.146, 147, 159
• united nations, Department of Economic and Social affairs, Population Division, Population Estimates and Projections Section, esa.un.org
• World Energy Outlook 2010, ©OECD/IEa, 2010
• unEP/GRID-arendal, www.grida.no• www.bhpbilliton.com• www.bp.com• www.exxonmobil.com• www.riotinto.com• www.shell.com• www.vale.com
• WorleyParsons’ data• Increasing intensities driven by a demand shift for commodities
Source: IMf, uSGS, CIa factbook
hyDroCarbonsP.14, 15
P.21
P.42
note
note
P.22, 23
P.30, 31
P.38, 39
Power
infrastruCture & environment
mineraLs & metaLs
• bunkers are not included as exports. Intra-area movements (for example, between countries in Europe) are excluded
• flows are on a contractual basis and may not correspond to physical gas flows in all cases. Includes re-exports from uS and belgium
• Energy totals include net imports of coal coke and electricity generated from biomass in the united States. totals may not equal sum of components due to independent rounding. the electricity portion of the national fuel consumption values consists of generation for domestic use plus an adjustment for electricity trade based on a fuel’s share of total generation in the exporting country
WorleyParsons Corporate Profile 47
regionaL Definitionsthe six basic country groupings used in this report (P.14, 15, 22, 23) are defined as follows:
• OECD (18 percent of the 2010 world population) • north america — united States, Canada, and Mexico; • oeCD europe — austria, belgium, Czech Republic, Denmark, finland, france, Germany, Greece,
hungary, Iceland, Ireland, Italy, luxembourg, the netherlands, norway, Poland, Portugal, Slovakia, Spain, Sweden, Switzerland, turkey, and the united Kingdom;
• oeCD asia — Japan, South Korea, australia, and new Zealand.
• Non-OECD (82 percent of the 2010 world population): • non-oeCD europe and eurasia (5 percent of the 2010 world population) — albania, armenia,
azerbaijan, belarus, bosnia and herzegovina, bulgaria, Croatia, Cyprus, Estonia, Georgia, Kazakhstan, Kyrgyzstan, latvia, lithuania, Macedonia, Malta, Moldova, Montenegro, Romania, Russia, Serbia, Slovenia, tajikistan, turkmenistan, ukraine, and uzbekistan;
• non-oeCD asia (53 percent of the 2010 world population) — afghanistan, american Samoa, bangladesh, bhutan, brunei, Cambodia (Kampuchea), China, Cook Islands, fiji, french Polynesia, Guam, hong Kong, India, Indonesia, Kiribati, laos, Macau, Malaysia, Maldives, Mongolia, Myanmar (burma), nauru, nepal, new Caledonia, niue, north Korea, Pakistan, Papua new Guinea, Philippines, Samoa, Singapore, Solomon Islands, Sri lanka, taiwan, thailand, timor-leste (East timor), tonga, u.S. Pacific Islands, Vanuatu, Vietnam, and Wake Islands;
• middle east (3 percent of the 2010 world population) — bahrain, Iran, Iraq, Israel, Jordan, Kuwait, lebanon, Oman, Qatar, Saudi arabia, Syria, the united arab Emirates, and yemen;
• africa (14 percent of the 2010 world population) — algeria, angola, benin, botswana, burkina faso, burundi, Cameroon, Cape Verde, Central african Republic, Chad, Comoros, Congo (brazzaville), Congo (Kinshasa), Côte d’Ivoire, Djibouti, Egypt, Equatorial Guinea, Eritrea, Ethiopia, Gabon, the Gambia, Ghana, Guinea, Guinea-bissau, Kenya, lesotho, liberia, libya, Madagascar, Malawi, Mali, Mauritania, Mauritius, Morocco, Mozambique, namibia, niger, nigeria, Reunion, Rwanda, Sao tome and Principe, Senegal, Seychelles, Sierra leone, Somalia, South africa, St. helena, Sudan, Swaziland, tanzania, togo, tunisia, uganda, Western Sahara, Zambia, and Zimbabwe.
• Central and south america (7 percent of the 2010 world population) — antarctica, antigua and barbuda, argentina, aruba, the bahamas, barbados, belize, bolivia, brazil, british Virgin Islands, Cayman Islands, Chile, Colombia, Costa Rica, Cuba, Dominica, Dominican Republic, Ecuador, El Salvador, falkland Islands, french Guiana, Grenada, Guadeloupe, Guatemala, Guyana, haiti, honduras, Jamaica, Martinique, Montserrat, netherlands antilles, nicaragua, Panama, Paraguay, Peru, Puerto Rico, St. Kitts-nevis, St. lucia, St. Vincent/ Grenadines, Suriname, trinidad and tobago, turks and Caicos Islands, uruguay, u.S. Virgin Islands, and Venezuela.
In addition, the following commonly used country grouping is referenced in this report:
• Organization of the Petroleum Exporting Countries (OPEC) algeria, angola, Ecuador, Iran, Iraq, Kuwait, libya, nigeria, Qatar, Saudi arabia, the united arab
Emirates, and Venezuela.
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