Your Leading Source for Strategic Offshore Oil

Transcription

Clarity. Insight. Vision.
Quest Offshore Product Catalog
Your Leading Source for Strategic
Offshore Oil & Gas Market Intelligence
© 2015 Quest Offshore Resources, Inc.
About Quest Offshore Resources
Quest Quick Contacts
Who we are
Quest is a boutique strategic advisory and consulting
firm to the Oil & Gas industry worldwide. Quest
is a leading source of market intelligence focused
primarily on deepwater oil & gas specifically
technology-led solutions for exploration, development
and exploitation activities.
Our mission
Through a dedicated team of sector specialists that
focus on qualitative and quantitative data, Quest
provides market expertise, strategic analysis, marketing
communication and consultancy services.
Our clients
Executive -‐ Parnters
John Chadderdon, CEO
Paul Hillegeist, President & COO
Research, Data & Consulting
Caitlin Shaw, Sr. Director Market Research, Data Division
Sean Shafer, Manager of Consulting
Josh Douglas, Sales Manager
Sales & Advertising
Josh Douglas, Sales Manager
Bo Howard, Sr. Sales Manager -‐ Conferences & Advertising
News Publication
Dave Thomas, Sr Editor
Conferences
John Chadderdon, CEO
Elena Parsons, Event Director
Allison Tonkin, Marketing Manager
Bo Howard, Sr. Sales Manager -‐ Exhibition & Sponsorships
Caitlin Shaw, Director of Technical Content
All major participants in the deepwater oil and
gas market utilize our strategic market intelligence
products and services. International, National and
Independent oil companies subscribe to Quest data
and services to better understand market conditions
and supply chain dynamics when making key
Email address is firstname.lastname@questoffshore.com
decisions for their offshore developments. Over
60 leading oilfield service companies rely on Quest’s market forecasts to provide insight into future business opportunities. Over
50 global financial services companies subscribe to Quest data and market reports as another important tool when following key
deepwater market segments for investment opportunities.
What we do
Research & Consulting: Quest Offshore is a leading provider of strategic market intelligence to the global oil & gas community
through subscriptions to our proprietary market forecast databases in addition to client-directed initiatives to provide our expert
industry advice to enhance our customers’ business strategies.
Industry Events: MCE Deepwater Development is Quest’s major industry event which travels between major European cities each
spring attracting senior executives and strategic decision makers from the leading companies participating in the deepwater market to
discuss the opportunites and challenges of meeting future energy demand in tandem with advanced technology solutions.
Quest’s industry events feature the Early Career Engineer Program which provides new engineers in our industry a meaningful
platform from which to discuss the technologies they’re working on to overcome some of today’s toughest challenges.
Traditional Publishing: Quest offers one weekly and two monthly newsletters covering global, regional and market-specific activity.
All available newsletters include articles detailing major contract awards, corporate activity and high-profile market events.
Maps: Quest’s leading knowledge of the global deepwater market led us to produce our popular series of regional wall maps. Quest’s
highly recognizable deepwater maps feature pertinent forecast field development projects and major exploration prospects. Quest
maps provide an illustrative visual of subsea, floating production and pipeline infrastructure.
Table of Contents
Quest Data Subscriptions................................................. 3 Quest Data Product Offerings.................................... 7-14
Quest Consulting & Capabilities...................................... 4 Quest Events & Maps..................................................... 15
Quest Market Forecast Methodology............................... 6
2
Quest Data Subscriptions
Quest Offshore offers a full suite of database subscriptions tailored to the major market segments for offshore oil and gas. Quest
provides comprehensive market analysis and forecasting of key trends coupled with full transparency of working data and pertinent
models, as well as downloads of the market-specific databases to maximize usability by our clients.
Quest Data Subscription Products stem from the Quest Enhanced Deepwater Development Database where our team tracks
deepwater exploration and development opportunities globally. We follow development opportunities from the pre-exploration
stage and continue tracking through discovery, engineering, procurement, installation & startup through to decommissioning. Key
data including operators and working interest owners, location, water depth, milestone timing and scope of project are updated and
modeled on a continual basis to provide the most up-to-date information possible.
Quest applies proprietary forecasting methodologies as well as our expert market knowledge to this project-level data to provide
historical and forecast trends on key project milestones, including award, installation and startup activity for major offshore
equipment and services. Extensive working files are provided to our clients containing all data driving the graphs seen in the market
overview. With the working files, our clients can extrapolate figures to apply to internal models or company presentations. Quest
offers great flexibility to our clients with respect to your subscription. If one product does not fully answer your market intelligence
questions, we can bring in components of other databases to provide the most valuable solution for your company.

3
Quest Consulting Services
Quest Consulting Services & Experience
Quest is a leading source for valuable, client-directed consulting products and expertise that enables companies
to make well-informed decisions across the offshore oil and gas industry. Quest Offshore’s Consultancy
Practice has grown considerably as an extension of our comprehensive market analysis, accurate forecasting
and industry expertise honed through our subscription products. Utilizing the Quest Enhanced Deepwater
Development Database, in combination with our global network of key industry contacts, Quest maintains the
flexibility to speak to a wide variety of questions and requirements through a client-driven consulting process
aimed at providing accurate and concise results in a format best fitting the customer’s needs.
United States Gulf of Mexico Oil and Natural Gas Industry Economic Impact
Analysis
The Economic Impacts of GOM Oil and Natural Gas Development on the U.S. Economy
Prepared by:
Key Findings
Clients engage Quest’s Consultancy Practice from all business areas involved in deepwater oil and
gas including oil companies, financial firms, engineering firms, key manufacturers and industrial
conglomerates, trade groups, and law firms. Our clients contact Quest as they: branch-out into new
areas of the market; further analyze the competitive landscape; gain knowledge of the current and
future pricing environment; expand upon a market trend illustrated in a current subscription product,
or otherwise utilize the data and expertise of Quest.
generate tax revenues at all levels of
This report has documented the decline in
capital
expenditures
and
operational
spending of the GoM offshore oil and
natural gas industry that occurred over the
2008 to 2010 period. The principal reasons
for this decline include the economic
recession in 2008-09 and the establishment
of a moratorium on deepwater drilling and
subsequent slowdown of permit issuance in
both GoM deep and shallow waters in 2010
and into 2011. We estimate that tens of
thousands of jobs have been lost in
response
to
the
decline
in
expenditures and operational spending of
the offshore GoM oil and natural gas
industry over this period.
also
demonstrate
the
near
Major International Oil Companies
offshore oil and natural gas industry to
increase by over 70 percent by 2013
from
2010
levels,
and
capital
expenditures to increase by over 140
percent. If potential spending levels are
reached, total employment supported by
the Gulf of Mexico oil and natural gas
Table 8: Estimated Historical and Projected Gulf of Mexico Oil and Natural Gas Industry
industry in 2013 could exceed 430
Domestic Spending Trends by Detailed Spending Type*
thousand jobs or a 77 percent increase
Capital Expenditures (Billions)
Historical
.
Projected
Deepwater
2008
$0.1
Deepwater
2009
$0.1
2010
$0.1
$2.6
$3.5
Drilling
$0.0
$0.0
Facilities
Table 1: Estimated Historical and Projected Capital
and Operational Spending, GDP
$3.0
$2.9
SURF
1
$1.8
$2.6
$3.5
$1.2
$1.9
$0.8
$1.3
Impacts, and Employment Supported by the Offshore Gulf of Mexico Oil and Natural Gas
$5.8
$6.5
$4.3
Total Deepwater
Industry (2008-2013)*
Shallow Water
$1.3
$1.9
gas industry to create jobs, boost GDP and
G&G
Historical
2008
2009
Operating Expenditures
$16.7
$17.2
Capital Expenditures
$11.9
$9.7
GDP Impacts
$30.8
$29.1
306,870
285,042
G&G
2011
$0.1
$5.9
$2.9
$9.8
2011
$0.1
2012
$0.1
2013
$0.1
2011
2012$4.0
2013
$2.4
$1.6
$1.3
$2.5
$4.3
$17.7
$21.6
$25.0
$1.1
$25.7
$0.4
$0.4
$1.4
$1.3
$1.3
$6.5
$8.9
$10.4
$0.8
$15.7
$0.2
$26.1
$32.9
$38.2
$44.5
Facilities
SURF
$6.1
Total Shallow Water
242,317
311,023
Total
CAPEX
$3.2
$0.1
$2.2
$0.4
$3.1
$0.3
$6.5
$8.9
$10.4
Operating Expenditures (Billions)
2008
$5.8
2009
$6.2
2009
$5.9
$15.7
Deepwater
2010
$6.7
2011
$8.5
2010
2011
Shallow Water
2008
$0.3
$4.1
356,174$11.9
429,208 $9.7
Total employment includes direct, indirect, and income induced employment.
2012
$9.9
2013
$10.3
Shallow Water
2012
2013
$10.9
$11.0
$13.1
$15.1
$15.4
Total Shallow Water
i $11.1
Total OPEX
$16.7
$17.2
$17.7
$21.6
$25.0
$25.8
Total Spend
$28.5
$26.9
$24.2
$30.5
$35.4
$41.5
* Projected spending contingent on returning to pre-Macondo permitting rates.
Source: Quest Offshore Resources, Inc.
From 2009-2010, overall spending (both
Analysis of Current and Future Subsea Processing Applications
$4.8
$1.9
$6.3
Shallow Water
2010
$0.1
2010
Drilling
Source: Quest Offshore Resources, Inc.
Deepwater Equipment Cost Indices
2013
$0.1
2009
$0.1
*Projected spending, GDP, and employment contingent on returning to pre-Macondo permittingDeepwater
rates.
1
2012
$0.1
2008
$0.1
Projected
Total Deepwater
Subsea Equipment Pricing Study
American Petroleum Institute (API)
estimate total spending by the GoM
potential of the offshore GoM oil and natural
Total Employment
FPS Fabrication Yard Report
term
Prepared for:
National Ocean Industries Association (NOIA)
Under such government policy, we
from 2010.
We
($b illions)
Gulf of Mexico Field Development Study
capital
government – if the government pursues
Quest Offshore Resources, Inc.
a balanced regulatory approach that
1600 Highway 6, Suite 300
allows for the timely development of the
Sugar Land, TX 77478
backlog of GoM projects in an
June 2011
environmentally responsible manner.
the most significant growth in spending if a
deep and shallow water) fell by 10 percent.
return to historical conditions occurs, with
The most affected sector was the drilling
drilling spending in 2013 expected to rise
sector, which saw a 41 percent decrease in
165 percent from 2010 levels to $9.1 billion.
spending during the period as deepwater
Forecast Marine Construction Asset Day Rate Model
Sampling of Quest Consultancy Deliverables
FPS Hull and Topside Cost Analysis
Facilities spending is also expected to see
significant growth from 2010 to 2013, with
water drilling significantly declined due to the
spending expected to be up by 113 percent
extreme slowing of drilling permit issuances.
over 2008 levels reaching $3.2 billion. For
The drilling sector is also expected to see
this particular category, 2010 spending was
Analytics and Forecast of Deepwater Supply Chain
Independent Oil Companies
Multi-Project Component and Total Cost / Reserve Analysis
Production Assets Acquisition Analysis
FPS Replacement Cost Valuation Analysis
Comprehensive Project Development Strategy Review
OEM and Equipment Suppliers
Targeted Drilling Rig Equipment Market Sizing
Analysis of Industry Decision Centers Related to Forecast Demand
Global Competitive Analysis
Report on the Market for Steel Tubes in Umbilicals
Strategic Acquisition Target Identification
Marine Construction Contractors
Global SURF Installation Spending Report
Subsea Equipment Trends Study / Business Plan Support
Newbuild Vessel Cost Analysis
Marine Construction Vessel Valuation
FPS Contractors
Global FPS Market Study with an Emphasis on FPSOs
Report on the Market for FPS Moorings
Global Market Study for Novel FPS Design
Major Fabricators
Government Required Cost Benefit Analysis
Financial Clients
Comprehensive Investor Briefing & Market Report for Buy Side Investment Firm
Due Diligence Support for New Fabrication Yard
Newbuild Pipelay/Construction Valuation and Market Study for Private Equity Investor
Detailed Supply & Demand Analysis for SURF Components for Private Equity Investor
Comprehensive Analysis of Market Opportunities for Niche Player for Private Equity Investor
Market Due Diligence for IPO of Marine Construction Company
Market Due Diligence for Debt Financing Company
Market Due Diligence for Private Equity Investment in Spin Off of Oil & Gas Contractor Division
Industry Lobby Groups
Analysis of Economic Impact of Offshore Industry
Regulatory Impact Analysis
Regulatory Expert Testimony
Large Steel Suppliers
Large Diameter Pipeline Competitor Analysis
Region-specific Analysis of Deep and Ultra Deepwater Steel Demand
Detailed Global SURF Project CAPEX Analysis
GoM OCTG Market Analysis and Strategy
4
drilling all but halted for two quarters of the
year due to the moratorium and shallow
26
Quest Consulting Capabilities
Custom Data Analysis
In addition to Quest’s database
subscriptions of the offshore
market, Quest’s consulting
division also completes custom
queries and analysis based on
data from the Quest Enhanced
Deepwater Development
Database to answer specific
client questions and provide
detailed project information on
an ad-hoc basis. Data analysis
queries range from identifying
specific projects based on clientsupplied parameters to enhance
business development efforts to
extrapolating Quest’s forecasts to
develop an opportunity forecast
for specific equipment, services,
regions or optimal timeframe.
Web-enabled clientdirected interaction
with shipyard
fabrication data to
produce and save
custom data tables
and graphs.
Industry Expert Services
Quest Offshore’s expert analysts are available to provide consultations, testimony and presentations to interested parties on both an
hourly and contract basis. Services can range from providing a general market overview presentation at your next board meeting, to
discussing a business opportunity or transaction with a team of analysts on an hourly basis over the phone, to providing research,
depositions, and in court testimony to support litigation. Quest’s team of executives, managers, and experienced industry analysts are
available to provide their expertise for a variety of client needs.
Advisory Services
Quest’s consulting division also provides advisory services to a variety of financial institutions, including private equity hedge
funds, insurance companies, financial analysts as well as operators and contractors to support financial transactions. These services
range from market due diligence, to target identification, as well as merger and acquisition and transaction support. Quest’s
consulting division also prepares customized investor briefing materials on specific parts of the offshore industry based on Quest’s
technical expertise.
Client Directed Market Reports
1 1.2 Spending Trends ..............................................................................................11 1.2.1 International E&P Spending Outlook .........................................................11 The Subsea Production Umbilical and
Steel Tube Market
1.2.2 Offshore Capex / Spending Models ..........................................................12 1.3 Oil and Gas Development Trends ....................................................................15 1.3.1 Water Depth Trends in the Offshore Oil and Gas Industry ........................16 1.3.2 High Pressure and High Temperature Trends ..........................................18 1.3.3 The Shale Transformation .........................................................................19 1.4 Regional Trends ...............................................................................................24 1.4.1 North America ...........................................................................................27 1.4.2 South America ...........................................................................................34 Prepared for
1.4.3 The North Sea, Arctic and Europe ............................................................37 1.4.4 Africa .........................................................................................................40 1.4.5 Asia, Australia and the Indian Subcontinent ..............................................43 Major Steel-tube Supplier
1.5 Operator Trends ...............................................................................................45 1.6 Subsea Production Umbilicals .........................................................................50 1.6.1 Steel & Thermoplastic ...............................................................................52 by
1.6.2 Umbilical Manufacturers & Product Mix ....................................................56 1.6.3 Steel Tube Umbilical Manufacturers & Market Share ...............................57 1.6.4 Global Steel Tube Umbilical Forecast & Outlook ......................................64 1.6.5 Regional Steel Tube Umbilical Forecasts & Dynamics .............................66 1.7 Steel Tube Demand .........................................................................................74 1.7.1 Regional Steel Tube Demand Graphs ......................................................75 1.8 Oil & Gas Price Trends ....................................................................................79 Global Steel Tube Deliveries by Diameter 2000-‐2017 (KM) 1.9 Umbilical Manufacturers ..................................................................................82 1.9.1 Aker Solutions ...........................................................................................82 1.9.2 Nexans ......................................................................................................84 1.9.3 Oceaneering ..............................................................................................86 Specialty Studies
1.9.4 Parker ........................................................................................................89 18,000
1
16,000
1.9.5 Technip ......................................................................................................91 Global Steel Tube Deliveries by Diameter 2000-‐2017 (KM) 14,000
KM of Steel Tube
Using Quest’s data and expertise as well as advanced statistical
methods, Quest is able to complete comprehensive reports on a variety
of subjects. Quest has completed a number of studies on regulatory
effects on the offshore oil and natural gas industry as well as the
economic impacts. Quest also provides project specific reports to assist
operators and contractors in understanding the implications of project
developments and facilities expansions both for public and government
agency consumption.
Macro Trends & Drivers .......................................................................................3 1.1 Macroeconomic & Energy Outlook ....................................................................3 12,000
10,000
2
8,000
6,000
18,000
4,000
16,000
2,000
14,000
0
Delivery Year
>.75" Tube Km
.75" Tube Km
KM of Steel Tube
For clients searching for in-depth information and analysis on specific
markets segments, Quest can provide customized market studies
addressing supply and demand dynamics, the markets’ competitive
landscape as well as project and technology trends. Companies entering
new markets, refocusing business development initiatives, and other
strategic initiatives led by the C-Suite, utilize Quest’s detailed market
analysis reports and white papers to make informed, data-driven decisions.
As independent experts, Quest can provide their views on a specific
market or project based on Quest’s proprietary data and expertise to
supplement clients’ internal data and analysis. Quest’s delivers reports that
are concise, accurate, and informative, with a focus on excellent visual
representations of market trends and data.
12,000
10,000
8,000
6,000
4,000
2,000
© 2014 Quest Offshore Resources, Inc. 0
Delivery Year
>.75" Tube Km
.75" Tube Km
© 2014 Quest Offshore Resources, Inc. 5
Enhanced Deepwater Development Database
Lease/Licensing Explora<on Quest Offshore’s Enhanced Deepwater
Development Database catalogs over 150
unique pieces of supply chain data for almost
3,000 offshore oil and gas projects. With over
50 years of historical data available, Quest
benchmarks project trends to forecast new
developments from the time a discovery is
made. Quest utilizes our extensive network of
key members of the deepwater community, as
well as vigilant research of high-level external
sources to provide leading edge, marketspecific forecasts critical for all companies
focused on the deepwater market. Quest’s
detailed coverage of deepwater exploration
ensures early awareness of future deepwater
opportunities.
What? Where? Country, Block, Water Depth What? Under Development Who? Engineering Contractors, Mfg & Installa<on Bidders Execu<on, Startup & Life of Field Who? EPC Contractors, Mfg/
Suppliers/Fabricators, Installa<ons Contractors Operator
Partner 1
Partner 2
Project Name
Province
What? Where? Fabrica<on Loca<ons, Supply Bases Water Depth Startup Subsea Project # SS Trees
Mtr
Yr
Status
Quest Floating Production System Demand ( US$MM's)
2012
2013
2014
Africa/Medit.
FPSO
$0
$2,325
$5,095
FPS-‐Semi
$0
$0
$0
Spar
$0
$0
$0
FLNG
$0
$0
$0
TLP
$0
$895
$930
Africa/Medit. Total
$0
$3,220
$6,025
Asia Pacific/Middle East FPSO
$1,003
$420
$1,529
FPS-‐Semi
$1,733
$0
$0
Spar
$0
$0
$0
FLNG
$3,340
$1,530
$3,028
TLP
$463
$0
$0
Asia Pacific/Middle East Total
$6,541
$1,950
$4,558
North America
FPSO
$0
$303
$764
FPS-‐Semi
$754
$0
$1,323
Spar
$967
$0
$0
FLNG
$0
$0
$0
TLP
$0
$0
$665,150
North America Total
$1,721
$303
$2,753
6
When? Volume, Value, Type of all major SS & FPS Equipment No of Infield Flowlines
Infield FL Length KM
1
1
1
2
1
4
1
1
Delivery Dates, Installa<on Dates, Startup & Decomm Dates Infield Total SPU SPU # SPU
FPS Type
Flowline KM
Material
Material
12 Rigid steel
1
50 Steel
FLNG
16 Rigid steel
1
21 Steel
FPS-‐Semi
12 Rigid steel
1
27 Steel
N/A
18 Rigid steel
2
63 Steel Super D
FPS-‐Semi
uplex
10 Rigid steel
1
20 Steel
N/A
10 Flexible, Rigid steel, 3
190 Steel, Subsea FPSO
Power
10 Rigid steel
1
24 Steel, Subsea FPU
Power
10 Rigid steel
1
35 Steel
FPS-‐Semi
Infield Flowline Ext Diameter 50
24
27
148
20
135
10
35
Qualita<ve & Quan<ta<ve Proprietary Modeling to take Project Details to Specific Market Forecasts Full Transparency
Between Source Data &
Market Analysis
When? Forecast Bid, Award, Installa<on and Startup Dates Ongoing Communica<on/Research to Refine Scope and Timing of Project Woodside Petroleum
bp
Royal Dutch/Shell
BROWSE FLNG WA-‐32-‐R
Australia
400
2021 Conceptual
32
bp
BHP Billiton
ATLANTIS/ATLANTIS SOUTH GC699/GC700/GC742/GC743/GC744
GOM-‐US
2156
2007 Flowing
26
Royal Dutch/Shell
ONGC
Petrobras PARQUE DAS CONCHAS BC-‐10 PHS 3 (MASSA, ARGONAUTA Brazil
O-‐SOUTH) 2000
2015 Pending/Construction 12
Australia
(BREWSTER)
300
2016 Pending/Construction 22
INPEX
Total
Osaka Gas ICHTHYS WA-‐285-‐P, MIMIA WA-‐344-‐P BROWSE BASIN bp
Total
KESSOG 30/1c
N Sea, UK
87
2017 Conceptual
1
Total
Sonangol
ExxonMobil Kaombo Phase 1: Caril, Gindungo, Canela, Gengibre, Angola
Louro, and Mostarda 1540
(Central 2017
South Bidding
East pole project BLOCK 66 32)
Statoil
Statoil
Idemitsu
ASTERO 35/11
N Sea, Norway
361
2017 FEED
16
Royal Dutch/Shell
NEXEN Petroleum
APPOMATTOX MC391/392
GOM-‐US
2201
2019 FEED
14
Comprehensive
Project Source
Data
Proprietary
Modeling &
Working Files
Spud Date, Discovery Date Forecast # SS Trees, Flowlines, SPU, FPS Discoveries History
NAM-‐ US GoM
Daewoo Shipbuilding
Spread/Wire Chain
N/A
N/A
SAMSUNG
Spread/Wire Chain
N/A
N/A
2011
25+
Total
Total
Forecast
2012
2013
2014
95
283
Fl exi bl e
0
0
4
0
Ri gi d S teel
0
0
240
130
Fl exi bl e
0
0
0
0
Ri gi d S teel
0
0
226
405
Fl exi bl e
0
0
0
0
Ri gi d S teel
0
0
13
Fl exi bl e
0
0
0
0
Rigid S teel
95
283
1115
856
Flexible
0
0
4
Ri gi d S teel
0-‐14
20-‐24
Quest Subsea Tree Award Forecast (Units)
2011A
2012A
2013e
2014e
Africa/Medit.
28
91
138
154
Angola
7
61
8
107
East Africa
0
0
0
11
Nigeria
2
12
62
5
North Africa
3
12
21
13
Other
8
5
31
9
Transform Margin
8
1
16
9
FPS Contractor Mooring (EPC)
Type
Quest Pipeline Installation Demand (KM)
Region
15-‐19
Transparent Transi<on between Working Files and Market Overview Graphs and Charts Forecasting &
Market Analysis
When? Expl/Appr, Status, TDs, Drilling Rig MEAN CASE
Quest data deliverables are geared towards
empowering the end-user by providing
comprehensive market overviews to illustrate
strategic market trends and then providing
significant transparency to subsequent
working files and finally to the projects
driving a particular forecast. Much of Quest’s
forecasting methodology, at the project level,
is available for client’s to reference and
adjust based on market drivers unique to that
company’s business strategies. Quest provides
support from the team of market analysts to
answer client inquiries and provide further
clarification.
Who? Operator, WI Owner 636
321
0
0
0-‐14
95
283
640
321
15-‐19
0
0
240
130
20-‐24
0
0
226
405
25+
0
0
13
0
Mean Case TOTAL
95
283
1119
856
Quest Floating Rig Commitments (QFRC)
Global Deepwater Drilling Supply & Demand
STRATEGIC VALUE
•
•
•
•
•
Identifies total deepwater exploration,
appraisal and development drilling
demand
Identifies total well demend deepwater
exploration, appraisal and development
Details global and regional floating
rig supply, including existing fleet and
newbuild units
Illustrates “gap” analysis between global
well demand and floating rig supply and
regional implications
Monthly MS Excel data set provides
transparency into ongoing floating rig
contract details, location of rigs and
work scope.
QFRC Deliverables
uu Monthly detail of Quest Floating Rig
Commitments in MS Excel
uu Quarterly Market Overview outlining key
forecast trends in MS PowerPoint
QFRC Outline
RIG SUPPLY
Rig Owner
Rig Name
Rig Type
Transocean
Discoverer Luanda
Drillship
Ensco
Ensco 5001
Semi
Transocean
Jack Bates
Semi
Vantage Drilling Platinum Explorer
Drillship
Noble Drilling
Noble Discoverer
Drillship
Transocean
Deepwater Pathfinder Drillship
Saipem
Scarabeo 5
Semi
Seadrill RIG CONTRACTS
West Phoenix
Semi
Transocean
GSF Arctic I
Semi
Operator
Hemisphere
Dryships bp
Leiv Eirikson
Semi
Africa/Medit.
Station
Drilling
WD
Keeping Depth ft Rate FT WD CULL
dp
40000
7500
Ultra-deep
moored
25000
6500
Deepwater
moored
30000
5400
Deepwater
dp
40000
10000 Ultra-deep
moored
20000
2000
Mid-water
dp
30000
10000 Ultra-deep
dp
29500
6000
Deepwater
dp
30000
10000 Ultra-deep
moored
25000 Contract
3400 Contract
Mid-waterYr
Province
Start
End
Avail
dp Angola
30000 11/1/2010
10000 1/15/2018
Ultra-deep
2018
Year
Build
2010
1998
1997
2011
1975
1998
1990
2008
Day Rate
1996
($000)
2002
470
  2014
Maersk
Africa/Medit.
Angola
275
Santos
Asia Pacific/Middle East
Australia
7/15/2012 4/15/2013 2013

ONGC
India
1/1/2011 1/1/2016 2016
590
Royal Dutch/Shell
North America
Alaska
7/15/2012 3/1/2014 2014
240
Eni
North America
GOM-US
9/1/2010 4/1/2015 2015
672
Statoil
North Sea/Arctic
N Sea, Norway
9/15/2002 9/1/2017 2017
400
Total
North Sea/Arctic
West of Shetlands 1/8/2012 1/10/2015 2015
452
  2013

Vanco
South America
Brazil
EXPLORATION
&
DEVELOPMENT
WELL
SPUDS
  2016

Borders & Southern (FOGL)
South America
Falkland Island
Quest Well
Project Type
ID Type
Project Name
Block
Water Depth Mtr
Project Status
1754 D
BLOCK 31 PHS 1 (NE AREA) (PSVM)
Blk 31'
1804
Pending/Construction
Parent Project
Prospect
4255 E
Block 23 Exploration (Kwanza Basin)
Blk 23'
1200
Drilling (Prospect)
Prospect
1056 E
Crown-1
WA-274-P'
1000
Drilling (Prospect)
3694 E
KG Basin Exploration (ongoing)
Krishna-Godavari Basin' 1000
Drilling (Prospect)
Prospect
Prospect
3030 E
Burger Top-Hole
6713-6714'
50
Drilling (Prospect)
Prospect
3837 E
Appaloosa well 003
MC460'
803
Drilling (Prospect)
3509 D
Hyme 6407/8-C-2
6407/8'
256
Parent Project
3795 E
Tomintoul 205/9-2
205/9'
580
Drilling (Prospect)
Prospect
Prospect
3572 E
Sabia BM-S-72
S-M-1100'
200
Drilling (Prospect)
Prospect
3835 E
Scotia (Hersilia Complex)
Northern License Area'
800
Drilling (Prospect)
Global Drilling Activity
• Current Drilling Activity by Well
Type (Exploration, Appraisal, Development)
• Global Floating Rig Supply & Total Well
Demand
• Most active Operators currently drilling
with Floating Rigs
Quarterly Regional Activity
• Current Drilling Activity by Well Type
(Exploration, Appraisal, Development)
• Percentage of rigs working by provinces
within the region
• Supply and Demand by Region –
five‑year forecast
• Average Day-rates among top five
operators in region
Floating Rig Analysis
• Twelve Month Utilization by Region &
Global Comparison
• Floating Rig Supply to 2018 (Contracted
vs. Spec Rigs)
• Newbuild Deliveries out to 2018
• Operators with Newbuilds ordered
• Stacked Rigs by Type
• Top 10 Operators with Floating Rigs
contracted
Excel Tables Do Not Contain All Available Data Fields
7
Quest Global Prospects Report & Quarterly (QGPR/QGPQ)
STRATEGIC VALUE
Discoveries by Year Announced 2004 – 2014
1,801 Discoveries
•
•
•
Outlines global deepwater
exploration opportunities
Leading indicator for long-term
deepwater development activity
Highlights upcoming areas of focus and
operator interest for E&P activity
Prospect-level data enabling users to
identify which drilling programs are
driving future trends
200
Global Exploration & Appraisal Drilling Forecast
2009a – 2018e
400
350
100
50
S. America
250
0
N. S ea / Arctic
2004
200
N. America
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
Discovery Year
Asia-‐Pac.
150
Africa/Med. Africa Med
Asia Pacific
© 2015 Quest Offshore Resources Inc.
North A merica
North Sea
South A merica
50
0
2009a
uu Monthly snapshot of exploration activity
(MS Excel)
150
300
100
QGPR/QGPQ Deliverables
Global discoveries down 35% in 2014
compared to 2013
250
Number of Discoveries
•
2010a
2011a
2012a
2013a
2014e
2015e
2016e
2017e
2018e
uu Quarterly Market Overview & analysis
of global and regional exploration trends
(MS PowerPoint)
North America Exploration Success 2004 – 2014
150
QGPR/QGPQ Outline
At 39%, success rates for 2014 in
the NAM region is slightly below its
average
100
659 Spuds
Exploration & Appraisal Drilling Expected to Grow by 13% Over Next 5 Years
•
Operators’ Activity Highlights
• Top 15 Most Active, Most Successful and
Least Successful drillers
• Global Deepwater Exploration Drilling
Activity – Five-Year Rolling Forecast
• Identified Exploration and Appraisal total
well counts
• Forecast drilling compared to actual
drilling by hemisphere
Quarterly Regional Activity
• Comparison of activity levels by regions
• Operator activity in a specific region
• Exploration activity levels by water
depth category
• Drilling Success Rates since 2004
50
100
0
75
Spud Count Drilled and undrilled activity: by hemisphere
by key water depth category
by current status
by operator classification
Count
Africa/Mediterranean Exploration Forecast 2009 – 2018
Global Deepwater Exploration Activity
2004
1001-‐5000 F SW
2006
2007
2008
2009
2010
2011
2012
2013
2014
Spud Year
Spuds
Discoveries
0-‐1000 F SW
25
0
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
PROSPECT-LEVEL DATA
Operator
Petrobras
Wintershall
Sterling Energy, PLC
Royal Dutch/Shell
ConocoPhillips
Total
Anadarko Petroleum
Statoil DATA
WELL-‐LEVEL Well Type
Spud Mo
Exploration
7
Appraisal
10
Exploration
9
Appraisal
3
Appraisal
12
Exploration
6
Exploration
2
Exploration
2
Prospect Name
Hemisphere
Province
Block
Water Depth Mtr
2013 BM-ES-22 exp well
South America
Brazil
'ES-M-468'
2100
35/9-10S (PL418)
North Sea/Arctic
N Sea, Norway '35/9'
365
Ambilobe Block
Africa/Medit.
Madagascar
'Ambilobe'
500
Appomattox Well F
North America
GOM-US
'MC391/MC392'
2200
Barossa appraisal
Australia
'NT/P69'
100
Block 41
Africa/Medit.
Oman
'Blk 41'
2000
Carrack / Caravel
New Zealand
'PEP 38262'
1000
DRIVIS PL532
North Sea/Arctic
Barents Sea
403
Spud Yr
Status
Rig Name
Drilling Notes
2014
Prospect
Statoil purchased Vale share (Dec2012); one exp well planned for 2013
2013
Drilling
Transocean Arctic
spud after Gohta (Lundin)
2015
Prospect
phase 1 & 2 coimmitments:2D&3D seismic phase 3: 1 well by september 2016
2015
Prospect Deepwater Nautilus
2013
Drilling
Nanhai VI
appraisal drilling to start in 2013 for blocks NT/P61 & NT/P69
2016
Prospect
new PSC for 2014; will start with seabed coring in 2014
2014
Prospect Noble Bob Douglas
spud after Romney in PEP38451
2014
Prospect West Hercules
Fifth prospect in program, after Kramsno
8
2005
>5000 F SW
50
Quest Pipeline Perspective (QPP)
STRATEGIC VALUE
Worldwide Pipeline Demand Growth
2008 – 2013 vs. 2014 – 2019
•
18,000
16,000
0-14
15-19
14,000
20-24
KM
2014e-2019e Top Operators by Pipeline
Installation (KM)
25+
12,000
10,000
•
Infield v. Exports
8,000
7000
6,000
Installed Pipeline KM
6000
4,000
2,000
0
2008-2013
2014-2019
Installation Year
5000
•
4000
3000
2000
1000
•
0
Operator
Export KM
Illustrates global demand for deepwater
flowline, pipeline manufacture and
installation of SURF projects
Analyzes market within key outer
diameter ranges aligned with installation
asset capabilities
Analyzes demand associated with
subsea projects, export lines and large
transmission lines
Detailed data includes location, pipeline
specs, length, installation contractors
and milestone dates
Infield KM
QPP Deliverables
uu Market Overview in MS PowerPoint of
key trends and forecasts
uu Full project working file in MS Excel
uu Full database downloads of historic and
forecast project details
Africa/Medit. Project Water Depth Installation Analysis
2008 – 2019e
Following low ac+vity in 2012 and 2013, the region is poised for installa+on ac+vi+es spanning a variety of water depths in 2014 onward. 2000
1800
Pipeline Kilometers
1600
North America Pipeline Demand
1400
2008 – 2019
1200
1000
1,400
600
400
Flexible
Kilometers of flowline installed worldwide
• Provides Base, Mean, and High Six-Year
Forecast Cases
• Historical Analysis from 2002 onward.
• Outside Diameter Analysis: 0-14”,
15‑19”, 20-24”, 25”+
• Rigid Steel and Flexible Analysis
25+ Rigid Steel
1,200
200
20-24 Rigid Steel
15-19 Rigid Steel
1,000
2009
2010
2011
2012
2013
2014
2015
2016
Installation Year
0-‐1000 FSW
1001-‐5000 FSW
2017
2018
KM
0
2008
QPP Outline
The Keathly Canyon Connector, SECKO pipeline and exports serving Big Foot and Delta House are large contributors to the increase of 15”-‐19” & 20”-‐24” categories in the Gulf of Mexico. 800
5001+ FSW
0-14 Rigid Steel
2019
800
600
400
200
0
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
Installation Year
Comparison of hemispheres and provinces based
on historical and forecasted flowline projects
• Base, Mean, and High Normalized Case
Six-Year Forecasts
• Historical Analysis from 2002 onward
• Outside Diameter Analysis per
Hemisphere: 0-14”, 15-19”, 20-24”,
25”+
• Demand Allocation: Global Demand
Allocation by Kilometer
• Demand Growth: Historical v. Forecast
Five-Year Period
PROJECT-LEVEL DATA
Operator
Total
Total
Total
Total
Total
Chevron
Chevron
Chevron
Enterprise Products Partners
bp
bp
Statoil
Statoil
Royal Dutch/Shell
Royal Dutch/Shell
Royal Dutch/Shell
Royal Dutch/Shell
Royal Dutch/Shell
Royal Dutch/Shell
Royal Dutch/Shell
Royal Dutch/Shell
Premier Oil
Premier Oil
Premier Oil
Premier Oil
Premier Oil
Premier Oil
Premier Oil
Hemisphere
Province
Field
Block
Water Depth Subsalt/P
Mtr
resalt
1291 No
1291 No
1291 No
1291 No
1291 No
200 No
200 No
200 No
2415 No
2415 No
2415 No
1259 Yes
1259 Yes
1275 No
1275 No
1100 No
1100 No
1100 No
1100 No
1100 No
1100 No
1100
No
Design
1100 No
Infield
400Flowline
No
Infield
400Flowline
No
400Flowline
No
Infield
400Flowline
No
Infield
400
No
Export Pipeline
400 No
Infield Flowline
400 No
Africa/Medit.
Angola
CLOV: CRAVO, VIOLETA, ORQUIDEA, LIRIO BLOCK 17
'Blk 17'
Africa/Medit.
Angola
'Blk 17'
Africa/Medit.
Angola
'Blk 17'
Africa/Medit.
Angola
'Blk 17'
Africa/Medit.
Angola
'Blk 17'
Australia
GREATER GORGON (GORGON, JANSZ, CLIO) LNG
'WA-2-R'
Australia
'WA-2-R'
Australia
'WA-2-R'
North America
GOM-US
INDEPENDENCE HUB (AVP)
'MC920'
North America
GOM-US
'MC920'
North America
GOM-US
'MC920'
North America
GOM-US
TIBER KC102
'KC102'
North America
GOM-US
TIBER KC102
'KC102'
North Sea/Arctic
N Sea, Norway AASTA HANSTEEN
'6707/10'
North Sea/Arctic
N Sea, Norway AASTA HANSTEEN
'6707/10'
North Sea/Arctic
N Sea, Norway ORMEN LANGE Phs 1 6304, 6305/7
'6304'
North Sea/Arctic
'6304'
North Sea/Arctic
'6304'
North Sea/Arctic
'6304'
North Sea/Arctic
Sea, Norway ORMEN LANGE Phs 1 6304, 6305/7
'6304'
PIPELINE-LEVELNDATA
North Sea/Arctic
'6304'
Flowline Internal External
North Sea/Arctic
N Description
Sea, Norway ORMEN LANGE Phs 1 6304, 6305/7
'6304'
Length Km
Status
Diameter Diameter'6304'
North Sea/Arctic
ORQUIDEA
VIOLETA
PRODUCTION
Installing
10
14
South America
Falkland Island SEA LION 14/10-3
'14/10-B' 21
ORQUIDEA VIOLETA
WATER
INJ SEA LION 14/10-3 Installing
10'14/10-B' 33
South America
Falkland
Island
South America
Falkland Island SEA LION 14/10-3 Installing
CRAVO LIRIO PRODUCTION
12
16'14/10-B' 17
South America
Falkland
CRAVO LIRO WATER
INJ Island SEA LION 14/10-3 Installing
12'14/10-B' 24
South America
Falkland
Island
SEA
LION
14/10-3
GAS EXPORT
Installing
13'14/10-B' 32
South America
'14/10-B'
MEG LINE
Installing
3
65
South America
'14/10-B'
CORROSION RESISTANT PIPE TO SHORE
INFIELD BETWEEN MANIFOLDS
Louisiana Deepwater Link 2
Louisiana Deepwater Link 1
Independence Trail Gas Export Line
Infield Flowlines
Oil Export
Infield Flowlines
Gas Export (NSGI)
Multiphase Production Line (LAST 20)
Multiphase Production Line
30" Export
MULTIPHASE PRODUCTION LINE (FIRST 100)
Glycol Template Tie-In
Glycol Line
Glycol Line
BRITPIPE GAS EXPORT
FLOWLINE FROM MANIFOLD TO FPSO
WATER INJ FLOWLINE FROM FPSO
GAS INJECTION LINE
Installing
Installing
Flowing
Flowing
Flowing
Discovery
Discovery
Bidding
Bidding
Flowing
Flowing
Flowing
Flowing
Flowing
Flowing
Flowing
Flowing
FEED
FEED
FEED
FEED
FEED
FEED
FEED
30
8
18
18
24
12
20
6
34
30
30
30
30
6
6
6
42
8
8
8
8
8
8
8
65
6
5
5
225
60
65
25
480
20
120
33
100
3
125
125
230
3
3
3
3
3
3
3
Export Pipeline
Infield Flowline
Export Pipeline
Export Pipeline
Export Pipeline
Infield Flowline
Export Pipeline
Infield Flowline
Export Pipeline
Infield Flowline
Infield Flowline
Infield Flowline
Infield Flowline
Infield Flowline
Infield Flowline
Infield Flowline
Export Pipeline
Infield Flowline
Infield Flowline
Infield Flowline
Infield Flowline
Infield Flowline
Infield Flowline
Infield Flowline
Stranded Startup Project Bid Offset From
Gas
Year
Date
Host Km
No
2014 7/1/2008
15
No
2014 7/1/2008
15
No
2014 7/1/2008
15
No
2014 7/1/2008
15
No
2014 7/1/2008
15
Yes
2014 1/15/2008
65
Yes
2014 1/15/2008
65
Yes
2014 1/15/2008
65
No
2007 7/1/2004
5
No
2007 7/1/2004
5
No
2007 7/1/2004
5
No
2019
5
No
2019
5
Yes
2016 10/1/2011
5
Yes
2016 10/1/2011
5
No
2007 3/15/2003
100
No
2007 3/15/2003
100
No
2007 3/15/2003
100
No
2007 3/15/2003
100
No
2007 3/15/2003
100
No
2007 3/15/2003
100
Flowline
Flowline
No
2007Flowline
3/15/2003
100
Type
Export Type2007 3/15/2003
Start 100
Date
No
Rigid
steel
9/15/2012
No
2017
3
Rigid steel
9/15/2012
No
2017
3
No
2017
3
Rigid steel
9/15/2012
No
2017
3
Rigid steel
9/15/2012
No
2017
3
Gas
Rigid steel
9/15/2012
No
2017
3
Rigid steel
7/1/2012
No
2017
3
Gas
Gas
Gas
Gas
Oil
Gas
Gas
Gas
Gas
Gas
Rigid steel
Rigid steel
Rigid steel
Rigid steel
Rigid steel
Rigid steel
Rigid steel
Rigid steel
Rigid steel
Rigid steel
Rigid steel
Rigid steel
Rigid steel
Rigid steel
Rigid steel
Rigid steel
Rigid steel
Flexible
Flexible
Flexible
Flexible
Flexible
Flexible
Flexible
3/1/2012
1/1/2012
3/1/2006
3/1/2006
4/15/2006
1/1/2019
8/1/2018
4/1/2015
5/1/2014
7/31/2006
5/30/2006
6/15/2005
7/31/2006
8/1/2006
4/15/2006
6/1/2006
8/2/2006
9/1/2016
9/1/2016
9/1/2016
9/1/2016
9/1/2016
9/1/2016
9/1/2016
Contractor
Barge
Subsea 7
Subsea 7
Subsea 7
Subsea 7
Subsea 7
EMAS AMC
ALLSEAS
ALLSEAS
ALLSEAS
ALLSEAS
ALLSEAS
Seven Borealis
Seven Borealis
Seven Borealis
Seven Borealis
Seven Borealis
AMC Connector
SOLITAIRE
SOLITAIRE
SOLITAIRE
SOLITAIRE
SOLITAIRE
SAIPEM
SAIPEM
ALLSEAS
Acergy
Acergy
Acergy
Acergy
ALLSEAS
S7000
S7000
SOLITAIRE
LB 200
Acergy Falcon
Acergy Falcon
Acergy Falcon
SOLITAIRE
9
Quest Subsea Database (QSDB)
HISTORICAL TREE-LEVEL DATA
STRATEGIC VALUE
•
•
•
•
Industry leading forecast of subsea tree
awards & associated hardware
Market forecasts illustrate near and longterm dynamic of overall subsea industry
Key analysis around regional, operator
and water depth trends for subsea tree
awards and startups
Historic and forecast subsea
CAPEX analysis
QSDB Deliverables
uu Full project working files in MS Excel
forecast subsea wells
Province
N Sea, Norway
N Sea, Norway
N Sea, Norway
N Sea, Norway
N Sea, Norway
N Sea, Norway
N Sea, Norway
N Sea, Norway
Operator
BG Group
BG Group
BG Group
BG Group
BG Group
BG Group
BG Group
BG Group
Project Name
Tree Booked Tree Delivery Subsea Contract
Date
Year
($000)
9/20/2011
2014
$135,000.00
5/5/2012
2014
$135,000.00
5/5/2012
2014
$135,000.00
9/20/2011
2013
$135,000.00
9/20/2011
2013
$135,000.00
9/20/2011
2013
$135,000.00
9/20/2011
2014
$135,000.00
9/20/2011
2014
$135,000.00
Status
KNARR CENTRAL & WEST
SUBSEA FORECAST-LEVEL DATA
Status
Bidding
FEED
FEED
Conceptual
Manifold Mfg
Tree Mfg
FMC Technologies
FMC Technologies
FMC Technologies
FMC Technologies
FMC Technologies
FMC Technologies
FMC Technologies
FMC Technologies
FMC Technologies
FMC Technologies
FMC Technologies
FMC Technologies
FMC Technologies
FMC Technologies
FMC Technologies
FMC Technologies
Subsea Tree
Tree Bid Date Tree Award Date Tree Award Qtr Award Year
Bidder 1
Count
58
9/1/2012
6/1/2013
2
2013 Aker Solutions
5
6/1/2013
1/1/2014
1
2014 Cameron
18
9/1/2013
3/1/2014
1
2014 GE Oil & Gas
10
1/1/2015
6/1/2015
2
2015
Conceptual
10
6/1/2013
FEED
FEED
FEED
PROJECT-LEVELConceptual
DATA
FEED
Hemisphere
6
8
8
15
36
6/1/2014
1/1/2013
1/1/2013
1/1/2014
1/1/2014
Operator
Africa/Medit.
Africa/Medit.
Number Of
Manifolds
2
2
2
2
2
2
2
2
Province
3/1/2014
1
6/1/2015
6/1/2013
6/1/2013
12/1/2014
6/1/2014
Project Name
Angola
Israel
Indonesia
Indonesia
Total
Noble Energy
INPEX
Chevron
Kaombo Phase 1 (BLOCK 32)
LEVIATHAN EPS (DOMESTIC SUPPLY)
ABADI GAS FIELD FLNG (MASELA BLOCK)
KUTEI BASIN: RANGGAS (RAPAK PSC)
North America
GOM-Mexico
Pemex
LAKACH-LABAY COMPLEX
North America
North America
North Sea/Arctic
North Sea/Arctic
South America
GOM-US
GOM-US
N Sea, UK
West of Shetlands
Falkland Island
ExxonMobil
Royal Dutch/Shell
Enquest PLC
Hurricane Exp
Premier Oil
JULIA WR627
STONES FFD WR508
KRAKEN 9/2b
LANCASTER 205/21A PHS 1
SEA LION 14/10-3
Bidder 2
Bidder 3
FMC Technologies
FMC Technologies
2014 FMC Technologies
2
2
2
4
2
Controller Mfg
FMC Technologies
FMC Technologies
FMC Technologies
FMC Technologies
FMC Technologies
FMC Technologies
FMC Technologies
FMC Technologies
GE Oil & Gas
2015 FMC Technologies Cameron
GE Oil & Gas
2014
Water
Startup
Offset From
2014
Block
Host Field Name
'32'
'Rachel License'
'Masela'
'Rapak PSC'
'Deep
Coatzacoalcos'
'WR627'
'WR508'
'9-2'
'205/21a'
'14/10-B'
Depth Mtr
1540
1000
500
1600
Year
2018
2017
2017
2018
1500
2016
2160
2900
118
157
400
2017
2015
2016
2016
2017
Host Km
Kaombo Phase 1
20
LEVIATHAN EPS (DOMESTIC SUPPLY)
3
ABADI GAS FIELD FLNG (MASELA BLOCK)
5
MAKASSAR STRAIGHT PHS 3
11
50
HADRIAN NORTH KC919
STONES FFD WR508
KRAKEN 9/2b
LANCASTER 205/21A PHS 1
SEA LION 14/10-3
75
5
3
3
3
QSDB Outline
Market Share Analysis
• Long-term regional subsea tree
market share
• Current quarter analysis of subsea tree
and control awards
• Current quarter and YTD review of
subsea tree, control and manifold
awards by manufacturer and estimated
value (US$)
$16,000
56% Increase
$14,000
Future growth driven largely by
Africa, followed by the North
Sea and North America.
$12,000
2015 – 2019e Forecast Subsea Tree Awards
$MM
$10,000
Top 20 Operators
$8,000
$6,000
500
450
# Subsea Tree Awards
$4,000
$2,000
$0
Startup Year
Africa/Medit.
North Sea
North America
350
300
ASP
13%
NSEA
11%
250
NAM
19%
200
150
100
50
South America
0
Operator
AFM = Africa/Medit; ASP = Asia Pacific; NSEA = North Sea; NAM = North America; SAM = South America
Global Subsea Forecast Award Comparison
2000a – 2019e Awards
800
700
600
Tree Orders (Forecast Mean)
Trees Orders (Awarded)
Tree Orders (High)
Tree Orders (Base)
Global Subsea Tree Startups by Water Depth
500
1996 – 2020e Startups – Normalized Case
400
600
300
500
# of Subsea Trees
200
100
0
400
300
200
Award Year
100
•2015-2019e Awards = Mean Case
0
Startup Year
Africa/Medit. Consolidated Market Share
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
Award Yr
AS
10
AFM
28%
SAM
29%
400
1996
1997
1998
1999
2000
2001e
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015e
2016e
2017e
2018e
2019e
2020e
Market Analysis Subsea Tree Startups
• Illustrates historic and forecast installed
base of subsea tree awards
• From 1996 and includes six-year
forecast: By Region, By Water Depth
Forecast Spending 2015-2020e
# of Subsea Trees
Market Forecast Subsea Awards
• Quest applies a base, mean and
high case to all projects to take into
consideration the location, timing, status,
etc. of a project in calculating forecasted
trees. Current market dynamics also
influence the base and high case
scenarios for projects.
• Historical and five-year forecast of global
subsea tree awards: By Region, By
Water Depth, CAPEX analysis for tree,
control and manifold hardware (Only)
• Top operators classified by their mean
case tree award forecast
Global Subsea CAPEX
% Mkt Share
Subsea Project Spend by Onstream (Startup) Year
• Illustrations of global historical and
forecast spending for entire subsea
production package
DQ
FTI
GE
OneSubsea
0-‐1000fsw
1001-‐5000fsw
5001+fsw
Quest Subsea Production Umbilical Database (QSPUD)
STRATEGIC VALUE
SPU KM Activity Trends
Mean Case
•
Global (Steel Awarded)
3500
Global (Steel Unawarded -‐ Mean Case)
Global (Thermoplastic Awarded)
Global (Thermoplastic Unawarded -‐ Mean Case)
3000
Global (All Types -‐ High Case)
Global (All Types -‐ Base Case)
2500
2014e – 2018e SPU Total Forecast Awards US – $6,036 MM
Top 14 Operators US $4,108 MM • Mean Case
KM 2000
•
1500
$1,000
1000
$900
•
$800
500
$700
Thermoplastic $ MM
$600
$MM
0
$500
Steel $ MM
•
$400
$300
Award Yr
$200
Illustrates global demand trends for
the subsea production umbilical
(SPU) market
Delineates market into steel-tubed and
thermoplastic-hosed SPU demand
Analyzes market in terms of volume
(KM) and value (US$MM)
Provides comprehensive market share
analysis of historical global awards
$100
$0
QSPUD Deliverables
Operator
Worldwide Steel SPU Demand
forecast subsea production umbilicals
US$10.34 BN, Forecast US$4.4 BN • Mean Case
$400
Steel $MM (Mean Case)
$350
$300
Global SPU Manufacturer Market Share
$250
SS Power
3%
$200
QSPUD Outline
$150
$100
Thermoplastic
35%
$50
100%
$0
Africa/Medit (Mean Case)
Asia Pacific (Mean Case)
North America (Mean Case)
South America (Mean Case)
% Market Share (KM)
80%
Award Yr
Market Forecast of Subsea Production Umbilical
Capex by Award Year
• Top operators classified by their historic
and forecast demand
• Comparison of region demand based on
historical and forecasted SPU awards
• Includes comparison between steel and
thermoplastic SPU’s for each region
Steel
62%
90%
70%
60%
50% Case)
North Sea (Mean 40%
30%
3
20%
10%
0%
Award Year
Aker Solutions MFX NEXANS Oceaneering U mbilical Solutions Other Parker Prysmian Technip DUCO © 2015 Quest Offshore Resources Inc.
Forecast Umbilical-Level Data
Umbilical Status
LOI (Letter of Intent)
Bidding
FEED
Bidding
Bidding
Conceptual
Conceptual
Bidding
FEED
Bidding
Umbilical Type
Steel Super Duplex
Steel Super Duplex
Steel
Thermoplastic
Steel
Steel
Subsea Power
Steel
Thermoplastic
Thermoplastic
Install
Length
Bid Date Award Date
Date
Meters
Mfg Bidder 1
Mfg Bidder 2
Mfg Bidder 3
6/1/2007
4/1/2015 1/1/2017 104585 Technip DUCO
4/2/2012 12/20/2012 9/1/2014 43443 Aker Solutions
Oceaneering Umbilical Solutions
Technip DUCO
6/1/2013
3/1/2014 8/1/2015 25000 NEXANS
JDR Umbilical Systems
Technip DUCO
9/1/2012
1/1/2013 7/1/2013 10000 JDR Umbilical Systems
3/1/2012 12/1/2012 1/1/2015
1000 NEXANS
6/1/2014
1/1/2015 1/1/2018 20000 NEXANS
6/1/2014
1/1/2015 1/1/2017 20000 NEXANS
6/1/2012
3/1/2013 4/15/2015 25000 Aker Solutions
NEXANS
1/1/2013 10/1/2013 6/1/2015 60000 Oceaneering Umbilical Solutions
6/1/2011 12/20/2012 4/1/2013 10000 Oceaneering Umbilical Solutions
Project-Level Data
Hemisphere
Africa/Medit.
Africa/Medit.
North America
North America
North America
North Sea/Arctic
South America
South America
Province
Angola
Angola
China
Philippines
GOM-US
GOM-US
GOM-US
N Sea, Norway
Brazil
Brazil
Operator
bp
Chevron
CNOOC
Otto
bp
bp
bp
Statoil
Petrobras
OGX
Project Name
BLOCK 31 PHS 3 (CHTMCP)
LIANZI ANGOLA-CONGO UZ BLOCK 14
LIUHUA 16-2
GALOC PHS 2
ATLANTIS PHS 2B GC699/GC700/GC743/GC743/GC744
Kaskida KC292
Kaskida KC292
AASTA HANSTEEN (6707/10-2 ,6706/10 )
FRANCO-1 TRANSFER OF RIGHTS FPSO P-74
TUBARAO AZUL (FRMR WAIMEA) PHASE 2 BM-C-41 (OSX-2)
Block
'Blk 31'
'14'
'16-2'
'SC 14C'
'GC787'
'KC292'
'KC292'
'6707/10'
ANP Transfer of Rights
'BM-C-41'
Water Depth Startup
Mtr
Year
1602
2017
909
2015
400
2016
290
2013
2156
2015
1786
2018
1786
2018
1275
2016
2100
2016
140
2013
Offset From
Host Km
5
43
2
5
9
5
5
5
3
5
Subsea Production Umbilical Forecast Awards
• Kilometers of SPU awarded (historical
and forecast) vs. number of trees
awarded (historical and forecast)
• Comparison between hemispheres
based on SPU awards in kilometers and
equivalent US$
• Illustration of dynamics between steel
and thermoplastic demand within the
SPU market historically and in the next
five years.
Historical Umbilical Market Share
• Market share of SPU manufacturers
• Regional Comparison between
hemispheres based on historical-todate awards
• Steel vs. thermoplastic comparison
11
Quest Deepwater Shipyard Outlook (QDSO)
STRATEGIC VALUE
Forecasted & Awarded Global Tonnage by Type
2002-‐ 2019e •
•
746,000
Type
Accommodation
Drill Semi
Drillship
Awarded Tier-1 (South Korea) Projects Under
Construction
Fixed Platform
559,500
FLNG
FPSO
FPU
2002-‐ 2019 FSO
373,000
80
FSRU
Jackup
Type
MarCon
Accommodation
Onshore Modules
186,500
0
Drill Semi
Semi
60
Drillship
Spar
Fixed Platform
Tender Assist Rig
Number of Projects
•
Illustrates supply and demand profiles of
major shipyards serving the offshore oil
& gas market
Analyzes historic and forecast
construction of FPS systems, drilling rigs,
fixed platforms, marine construction
assets and onshore modules
Identifies potential future capacity
constraints within major shipyards and
sectors
Outlines construction schedule within
each major shipyard
Tonnes
•
FLNG
TLP
FPSO
Turret
FPU
40
FSO
FSRU
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Date
©2014 Quest Offshore Resources Inc. Jackup
1 MarCon
Onshore Modules
20
Semi
Spar
TLP
0
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
QDSO Deliverables
Companies Included:
• Samsung Heavy Industries (SHI),
Daewoo Shipbuilding & Marine
Engineering (DSME), Hyundai Heavy
Industries (HHI), Sembcorp, Keppel
Offshore & Marine, Kiewit, Gulf Island
Fabrication, McDermott, Lamprell,
MMHE/MHB, Aker, Technip, as well as
Chinese and Brasilian yards
Shipyard Tonnage by Awarded Projects
• Project by project timing and build
analysis broken up by individual
shipyards and combined into a forecast
of tonnage throughput and capacity
utilization
Shipyard Tonnage Forecast
• Quest forecasts future demand outside of
awarded projects by taking into account
shipyard histories, known projects,
location, timing, and other market
driving factors
Shipyard Financial & Macro Overview
• Analysis focused on changing margins,
backlogs, and new orders
• Illustrations of macro shipyard drivers
such as; container ship indexes, steel
price indexes, and oil prices
Market Share Analysis by Shipyard
• Total tonnage analysis
• Project scope and type analysis
12
2 2010-‐ 2019 Tengiz
Upper Zakum
Deepwater Poseidon
TBN (Montevideo Uruguay)
Deepwater Pontus
Deepwater Conqueror
XL Enhanced 4
West Libra
TBN #1
Atwood Archer
West Dorado
TBN #2
Deepwater Proteus
Mariner
Cobalt Explorer
Mafumeira Sul Block 0
Songa Enabler
Gina Krog (Dagny)
Deepwater Thalassa
Ichthys FPSO
Songa Encourage
Atwood Admiral
Hejre
LNG 1 Labuan (Kanowit ) PFLNG1
Songa Endurance
Songa Equinox
Atwood Achiever
Wheatstone PF
Deepsea Aberdeen
Experience VT-3 (Guanabara Bay Brasil)
Deepwater Asgard
Deepwater Invictus
Atwood Advantage
Tungsten Explorer
Clov
South Nemba SNX Block 0 Cabinda
Big Foot
Aegir
Type
Global Marine Construction Total Demand
Drill Semi
2002-‐ 2019 Drillship
Fixed Platform
FLNG
FPSO
364,000
FSRU
Jackup
MarCon
273,000
Tier
Onshore Modules
Brasil
TLP
Fabrication-Asia
Fabrication-Europe
Fabrication-GoM
Fabrication-Middle East
Tonnes
QDSO Outline
2014 2015 2016 2017 2018 2019
Project Timing for DSME by Construction Type
Project
uu Quarterly delivery of Master Shipyard
Backlog file (MS Excel)
uu Semi-annual delivery of Market
Overview of key trends and forecasts
(MS PowerPoint)
Year
©2014 Quest Offshore Resources Inc. Shipyard-Asia
182,000
2012
2014
Date
2016
Shipyard-China
Shipyard-Middle East
2018
©2014 Quest Offshore Resources Inc. Shipyard-Other
3 Tier-1
91,000
Tier-2
Tier-US
0
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Date
©2014 Quest Offshore Resources Inc. 4 YARD-LEVEL DATA
Company
Yard
Project
Aker
Stord
Gjoa
COSCO
Dalian
Cidade de Niteroi MV18
COSCO
Dalian
Cidade de Niteroi MV18
DSIC
Dalian
Hai Yang Shi You 941
DSIC
Dalian
Hai Yang Shi You 941
DSME
Okpo
Agbami
DSME
Okpo
Agbami
DSME
Okpo
Big Foot
DSME
Okpo
Mafumeira Sul WHP #2
DATA Mafumeira Sul WHP #2
DSME CONSTRUCTION-LEVEL
Okpo
Start
Yard Book Book Total
Dubai Dry
DocksStart Delivery
Dubai DeliveryFrade
Quarter
1
1
3
3
3
4
4
3
2
2
4
Year Quarter
2007
4
2007
1
2007
1
2004
2
2004
2
2005
4
2005
4
2011
4
2013
1
2013
1
2006
1
Year
2009
2009
2009
2006
2006
2007
2007
2012
2014
2014
2009
QTRs Quarter Year QTRs
12
1
2007 12
9
1
2006 9
7
1
2006 13
8
1
2004 10
8
1
2004 10
9
2
2005 11
9
2
2005 11
6
4
2010 9
4
3
2012 7
4
3
2012 7
10
2
2006 12
Water
Tier Depth Mtr
Other
360
Tier 3
1400
Tier 3
1400
Tier 3
121
Tier 3
121
Tier 1
1463
Tier 1
1463
Tier 1
1524
Tier 1
50
Tier 1
50
Tier 3
1067
Design
Aker
F&G JU2000E
F&G JU2000E
Alliance Engineering
Floatec ABB Lummus
Type
Semi
FPSO
FPSO
Jackup
Jackup
FPSO
FPSO
TLP
Fixed Platform
Fixed Platform
FPSO
ConvNB
Newbuild
Conversion
Conversion
Newbuild
Newbuild
Newbuild
Newbuild
Newbuild
Newbuild
Newbuild
Conversion
Scope
Topsides
Hull
Topsides
Hull
Legs
Hull
Topsides
Hull
Jacket
Topsides
Hull
Operator
BP
Petrobras
Petrobras
COSL
COSL
Chevron
Chevron
Chevron
Chevron
Chevron
Chevron
Tonnes
20,000
18,200
19,500
3,300
12,000
69,700
39,800
40,000
1,000
1,300
13,500
Notes
Integration at Aker Stord
Modec Owned - 1.6M Storage
Modec Owned - 100kboe/d 124mmsc/d Capacity - 21 Modules
9/2/04 Steel - 6/6/06 Delivery
9/2/04 Steel - 6/6/06 Delivery
10/9/05 Steel Cut- 10/2/07 Delivery.2.15M Storage
10/9/05 Steel Cut- 10/2/07 Delivery. 250mboe/d & 450mmscf/d Capacity
eTLP - Steel cut 7/25/2011. Keel Laying 3/21/2012. Hull Cost only.
1.9BN for 2WHP + LQ + CPF
1.9BN for 2WHP + LQ + CPF
SBM Owned - 1.5M Storage
Quest Floating Production Database (QFPD)
PROJECT-LEVEL DATA
Operator
bp
Eni
CNOOC
Reliance Industries
Royal Dutch/Shell
Williams
Statoil
Marathon Oil
Premier Oil
Petrobras
FPS-‐LEVEL DATA
Hemisphere
Province
Africa/Medit.
Africa/Medit.
North America
North America
North Sea/Arctic
North Sea/Arctic
North Sea/Arctic
South America
FPS Type
Angola
Mozambique
China
India
GOM-US
GOM-US
Barents Sea
N Sea, Norway
N Sea, UK
Brazil
Hull Status
MODEC
12/1/2008
1/1/2016
11/1/2005
1/11/2007
3/1/2014
5/11/2011
6/1/2016
3/15/2005
5/1/2006
10/15/2012
COOEC
Aker Solutions
Williams
Maersk
Sevan Marine
Schahin/Modec
Prod Cap Oil Prod Cap Gas Prod Cap Storage Surface Well (BOPD)
(MMCPFD) Water (BWPD) Capacity (Bbls)
Count
FPS Owner
FPSO
Flowing
FLNG
Conceptual
FPSO
Flowing
FPSO
Flowing
FPS-‐Semi
LOI (Letter of Intent)
Classic Spar
FPSO
Conceptual
FPSO
CONSTRUCTION-LEVELFlowing
DATA
Hull Award
FPSO ROUNDSHIP
Re-‐Deployed
EPC Contractor
Date
FPSO
MODEC
MODEC
157,000
Aker Floating Production ASA
100,000
80,000
Williams
Maersk
Teekay/Sevan Marine
Hull Designer
Schahin/Modec
COOEC
Water
Startup
Depth Mtr Year
1804
2013
2261
2019
120
2008
1300
2008
2201
2019
1341
2014
300
2019
110
2008
95
2009
2210
2015
Project Name
BLOCK 31 PHS 1 (NE AREA) PLUTAO,SATURNO,VENUS,MARTE,TERRA (PSVM)
CORAL FLNG (MOZAMBIQUE AREA 4)
WENCHANG 8-3, 14-3, 15-1, 19-1
MA OILFIELD PHS 1&2, BLK D6 (AKA KG-DWN-98/3), FPSO DHIRUBHAI-1 (FRMLY SMART 1)
APPOMATTOX MC391/392
GULFSTAR HUB (TUBULAR BELLS HOST) MC768
JOHAN CASTBERG (SKRUGARD/HAVIS) 7220/8
ALVHEIM DEVP (BOA,KNELER,KAMELEON,VILJE) Odin FPSO
SHELLEY 22/2B FPSO SEVAN VOYAGEUR
CERNAMBI NORTH BM-S-11 (FPSO CIDADE DE ITAGUAI)
Hull Fabricator
Jurong Shipyard
245
318
60,000
200
200,000
123,000
124
30,000
Hull Fabricator Shipyard
150,000
281
Singapore, Singapore
Williams
Dalian New Shipyard
Jurong Shipyard
SAMSUNG
Gulf Marine Fabricators
Maersk
Sevan Marine
Schahin/Modec
Keppel Shipyard
Yantai Raffles Shipyard Ltd
Schahin/Modec
Mooring Type
195,000
1,800,000
0 Turret-‐External
20,000
700,000
1,300,000
0 Turret-‐Submerged
0 Turret
560,000
300,000
Topsides Fabricator
1,600,000
0 Spread/Poly Chain
0
0 Turret-‐Submerged
Fabricator
0 Topsides
Spread/Wire Chain
Shipyard Chain
0 Spread/Poly 130,000
20,000
Topsides Designer
MODEC
COOEC
Jurong Shipyard
Aransas Pass, TX USA
Alliance Engineering
Dalian New Shipyard
Jurong Shipyard
Kiewit Offshore Services
Gulf Island L.L.C.
Rotterdam, Netherlands
Vetco-Aibel
Sevan Marine
Schahin/Modec
Vetco-Aibel
Keppel Verolme
Schahin/Modec
Houma, LA
•
•
•
•
•
Leading indicator of significant global
deepwater development activity and
investment
Analyzes the global market for floating
production demand in terms of volume
and value (US$MM)
Breaks demand into specific FPS type
(FPSO, SPARS, TLP, FLNG, SemiSubmersibles)
Breaks demand into region
Provides key historic market share
analysis by shipyards and FPS owner
QFPD Deliverables
uu Full database downloads of historical
project information and forecasted
project demand
Worldwide Forecast FPS Spending by Year
Regional Contribution Thousands of US Dollars by FPS Award Year (Mean Case)
South America, Africa and Asia will be the key drivers for increases in spending. Despite the lowering of the award forecast due to current oil market condi=ons spending is s=ll expected to grow due to the increased size and complexity of FPS units. STRATEGIC VALUE
QFPD Outline
Worldwide Forecast Floating Activity by Startup Year 2004 – 2018e
Share By FPS Type (Mean Case)
Executive Overview
• Changes from Previous Forecast
• Award vs. Startup Trends by Hemisphere
Source file: Q3 QFPD Tables, Lookups, and Graph Sources.xls 1
Africa/Med Forecast FPS Construction by Startup Year 2014 – 2018e
(Mean Case) 12 Units, 10 Under Construction
Worldwide FPSO New Build vs. Conversion
Floating Production System Analysis
• Availability of leased FPSOs and FSOs
• FPSO leasing market share
• FPSO newbuild vs. conversion analysis
2000 – 2018e (Mean Case)
Project Update Overview
• Major changes over previous quarter
Floating Production System Forecast
• Base, mean and high case forecasts by
award year
• Startups and awards by hemisphere
and type
• Forecasted volume of units and
value ($US)
• Top operators
Source file: Q3 QFPD Tables, Lookups, and Graph Sources.xls © 2015 Quest Offshore Resources Inc.
4
13
Quest Marine Construction Vessels (QMCV/QCVS)
STRATEGIC VALUE
Global Marine Construction Total Demand
Worldwide Pipeline (Days)
•
•
Provides global insight into supply and demand
dynamics of major marine construction assets
Illustrates vessel-by-vessel schedule for over 125
assets of booked and bidding construction work
Details strategic installation and construction
capabilities of a wide range of marine assets
16,000
14,000
12,000
Regional Marine Construction Booked Demand
10,000
North Sea (Days)
8,000
Days
•
6,000
6,000
5,000
4,000
4,000
2,000
3,000
Days
0
QMCV / QCVS Deliverables
Installation Year
Africa/Medit.
Asia Pacific -‐ Other
Australaisia
2,000
1,000
Middle East and India
N. America
N. Sea
uu Quest Construction Vessel Schedule in MS
Project and PDF (QCVS)
uu Quest Construction Vessel Schedule PLUS
(MS Excel)
uu Quarterly Market Overview of key trends and
forecasts (MS PowerPoint)
uu Quarterly deliverable of the Quest Vessel
Function Database (MS Excel)
S. America
0
Installation Year
0-‐14/Flex/SPU
Market Report Overviews
• Global Marine Construction Supply and
Demand Balance
• Marine Contractor Market Share
• Global Marine Construction Booked Demand –
Installation Days
• Historical Utilization by vessel category
Total Demand
Booked Days by Contractor – Reel Lay
Africa-Medit. 2010-2015
100.0%
90.0%
80.0%
Worldwide Deepwater Pipelay
70.0%
% Market Share (Days)
60.0%
Vessels 2003 – November 2014: 34,933 Total Booked Days
50.0%
40.0%
30.0%
500
20.0%
20
18
10.0%
400
0.0%
Construction Vessel Schedule PLUS (MS Excel)
• Combines data from Quest Construction Vessel
Schedule with high level fields from the Quest
Enhanced Deepwater Database
• Allows analysis to be performed around
installation trends at the vessel, owner, and
capability level due to the user friendliness of
MS Excel
25+
*Total Demand in future includes unbooked work
QMCV / QCVS Outline
2010
2011
2012
2013
2014
Installation Year
EMAS AMC
McDermott
Subsea 7
Technip
*Acergy and Subsea 7 have been combined for the historical period. * Please note the booked days for 2014 & 2015 are unknown and the market share slides are subject to change. 16
2015
Booked Days
Construction Vessel Schedule (MS-Project or
PDF format)
• Details over 125 vessels’ current commitments
and schedule and includes detailed information
on project, timing and scope of work
• Shows potential installation opportunities
15-‐24
14
300
12
10
200
8
6
100
4
2
0
Quest CVS - Deep Blue Sample
Fri 1/17/14 2:23 PM
0
Quest Construction Vessel Schedule
ID
Task Name
1
DEEPWATER PIPELAY
Duration
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
Technip
2642 days
DEEP BLUE
1338 days
Shell - West Boreas
21 days
Chevron - WR Gas Export Line
102 days
IDLE/Standby - Vitoria, Brazil
1 day
Shell - BC-10 Phase 2
35 days
IDLE/Standby - Mississippi River, United States of America1 day
IDLE/Standby - Mobile, United States of America
1 day
Murphy Oil; Ecopetrol - Dalmatian
60 days
1 day
Shell - Cardamom SSTB
21 days
IDLE/Standby - LOOP Terminal, United States of America 1 day
1 day
Chevron - Jack & St. Malo
62 days
ExxonMobil - Hadrian South
30 days
1 day
Anadarko/ExxonMobil - GoM Lucius - 2nd Campaign
82 days
BP - Quad 204 Schiehallion Redevelopment
91 days
Shell - Stones
25 days
LLOG - Delta House
35 days
Total - Kaombo
180 days
Targeting - Noble Energy - Leviathan
90 days
ExxonMobil - Julia
45 days
Tullow Oil Ghana - TEN Project
100 days
Targeting - Chevron - Nsiko
55 days
Bidding - Anadarko - Heidelberg
72 days
Bidding - BP - Block 31 SE Phase 2
95 days
Targeting - Hess - Stampede (Pony & Knotty Head)
29 days
0 days
Start
2013
H1
H2
2014
H1
Tue 1/1/02 © 2015 Quest Offshore Resources Inc.
Wed 12/24/08
Wed 6/27/12
Tue 12/11/12
Sun 1/6/13
Sat 3/23/13
Sun 3/24/13
Mon 5/27/13
Tue 6/25/13
Mon 7/15/13
Mon 7/22/13
Thu 8/1/13
Thu 8/22/13
Wed 9/25/13
Tue 10/1/13
Mon 12/2/13
Mon 12/16/13
Wed 1/1/14
Sat 5/10/14
Mon 9/1/14
Wed 10/1/14
Thu 1/1/15
Thu 1/1/15
Wed 4/1/15
Thu 10/1/15
Fri 1/1/16
Fri 4/1/16
Tue 11/1/16
Sun 1/1/17
H2
2015 Installation Year
2016
H1
H2
H1
Booked Days
Cont. Supply
H2
2017
H1
H2
2018
H1
H2
2019
H1
NAME - Shell - West Boreas - install of 20km FL (LOI)
NAME -Chevron - Jack Gas Export Line phs1; install of 306km 10" gas export pipeline and 1 SCR...
IDLE/Standby - Vitoria, Brazil - Destination: Espirito Santo Bc 10
SAME - Shell - BC-10 Phase 2 - Install of 20km 12"FL + 29km SPU
IDLE/Standby - Mississippi River, United States of America - Destination: BP Thunderhorse
IDLE/Standby - Mobile, United States of America - Destination: Enbridge Wrgs
NAME - Murphy Oil; Ecopetrol - Dalmatian - SURF - EPIC - gas riser , oil riser, 38km FL, 34km PIP FL, PLETs &* jumpers, contr
IDLE/Standby - Mobile, United States of America - Destination: Mobile Alabama
NAME - Shell - Cardamom SSTB - install of East & West Loop PIP (2) 12.8km 6'-8' FL + PLETs & Risers (Pioneer to assist)...
IDLE/Standby - LOOP Terminal, United States of America - Destination: Shell Llano
IDLE/Standby - Mobile, United States of America - Destination: Chevron JSM
NAME - Chevron - Jack & St. Malo; URF install of 85Km of 10" flowlines and Subsea Hardware
NAME - ExxonMobil - Hadrian South - Project management, Procurement and Install of two 11.265km 6" FL + 14.5km
IDLE/Standby - Mobile, United States of America - Destination: Theodore Mobile
NAME - Anadarko/ExxonMobil - GoM Lucius - Install of multiple gas lift jumpers, main gas lift, infield SPU, ss di
NSEA - BP - Quad 204 Schiehallion Redevelopment - SURF $800mm - recovery of all existing flex risers(
NAME - Shell - Stones - EPI of subsea production system and lateral gas line (45km 8")
NAME - LLOG - Delta House - Install of 125km infield FL
AFM - Total - Kaombo - SURF - Install of 135km FL + 190km SPU
AFM - Targeting - Noble Energy - Leviathan - Gas Exports to Beach 240km 16"
NAME - ExxonMobil - Julia; EPIC of 48Km of 11" infield, steel catenary risers & flowline
AFM - Tullow Oil Ghana TEN; $730mm - engineering, fabrication and inst
AFM - Targeting - Chevron - Nsiko; install of 50Km of 12" Export and 1
NAME - Bidding - Anadarko - Heidelberg - Install of 54km 20" o
AFM - Bidding - BP - Block 31 SE Phase 2; install o
NAME - Targeting - Hess - Stampede (Pony & Kno
QUEST VESSEL FUNCTION DATABASE EXCERPT
Quest Vessel Function Database (QVFDB)
• Includes high level vessel specifications for each
vessel tracked in the Quest Construction Vessel
Schedule and more (details over 200 vessels)
Mx Pipe Dia Tension Capacity CRANE CAP
No
A&R
No Build
AHC
(in)
(tonnes)
(tonnes) Cranes
(tonnes) ROVs Year
60
1050
850
3
1
1997
42
405
300
5
450
2007
60
750
600
5
Yes
900
2
2012
4
28
770
400
3
Yes
150
2
2001
4
60 FAVORED
640
1200 IDLE/STANDBY
2
400
2011
SHIPYARD/TRANSIT
0
14200
1985
4
60
3000
3
360
2
2007
Page 1 400
725.74 (Riser
Helix
Q4000
Intervention
95.2
360
2
1
2002
Tension)
Saipem
Castoro 7
Pipelay Trunkline
179.5
8
60
340
64.8
4
340
1975
CEONA
Giant 3
Reel Lay
184.0
550
400
Yes
2012
McDermott
North Ocean 108 Reel Lay
130.2
4
16
362.8
362.8
Yes
2012
QUEST CVS PLUS EXCERPT
Subsea 7
Acergy Condor
145.0
230
70
2
250
2
1982
Vessel Reel Lay
Vessel Category
Vessel Name
Task Name
Duration
Start
Finish
Hemisphere
Province
Operator
Subsea 7
KommandorContractor
3000 Reel Lay
118.4
150
200
2
200
2
1984
DEEPWATER
PIPELAY
Technip
DEEP
BLUE 1 ExxonMobil - Hadrian
30 days 12/2/2013 1/1/2014
North America 2 GOM-US
ExxonMobil
Aker Solutions
Aker
Wayfarer
SS
Const
156.9 South
400
Yes
2
2009
DEEPWATER PIPELAY Technip
DEEP BLUE
1 day
12/16/2013 12/17/2013 North America
Subsea 7 DEEPWATER
Skandi
Neptune
SS
Const 2 Anadarko/ExxonMobil
104.2 - GoM Lucius - 2nd Campaign
16 82 days 1/1/2014
100 3/24/2014 250
3 GOM-US
Yes
2
2001
PIPELAY Technip
DEEP BLUE
North America
Anadarko Petroleum
Contractor
Vessel Name
Vessel Category
Allseas
Solitaire
DW PL
Helix
Caesar
DW PL
Saipem
Castorone
DW PL
Technip
Deep Blue
DW PL
BOOKED WORK
Quest CVSTechnip
- Deep Blue Sample
Global
1200
DW PL
Date: Fri 1/17/14
Heerema
DCVBOOKED
Thialf WORK FOR LTC
Heavy-Lift DCV
7
SapuraInc.
3000
Heavy-Lift DCV
(C) 2013 Subsea
Quest Offshore
Resources,
DEEPWATER PIPELAY
DEEPWATER PIPELAY
DEEPWATER PIPELAY
DEEPWATER PIPELAY
DEEPWATER PIPELAY
DEEPWATER PIPELAY
DEEPWATER PIPELAY
DEEPWATER PIPELAY
DEEPWATER PIPELAY
DEEPWATER PIPELAY
DEEPWATER PIPELAY
Technip
Technip
Technip
Technip
Technip
Technip
Technip
Technip
Technip
Technip
Technip
DEEP BLUE
DEEP BLUE
DEEP BLUE
DEEP BLUE
DEEP BLUE
DEEP BLUE
DEEP BLUE
DEEP BLUE
DEEP BLUE
DEEP BLUE
DEEP BLUE
Length (m)
300.0
146.5
330.0
206.5
BIDDING WORK
162.3
TARGETED
165.3
151.2
Min Pipe
Dia (in)
2
2
BP - Quad 204 Schiehallion Redevelopment
Shell - Stones
LLOG - Delta House
Total - Kaombo
Targeting - Noble Energy - Leviathan
ExxonMobil - Julia
Tullow Oil Ghana - TEN Project
Targeting - Chevron - Nsiko
Bidding - Anadarko - Heidelberg
Bidding - BP - Block 31 SE Phase 2
Targeting - Hess - Stampede (Pony & Knotty Head)
91 days
25 days
35 days
180 days
90 days
45 days
100 days
55 days
72 days
95 days
29 days
5/10/2014
9/1/2014
10/1/2014
1/1/2015
1/1/2015
4/1/2015
10/1/2015
1/1/2016
4/1/2016
11/1/2016
1/1/2017
14
8/9/2014
9/26/2014
11/5/2014
6/30/2015
4/1/2015
5/16/2015
1/9/2016
2/25/2016
6/12/2016
2/4/2017
1/30/2017
North Sea/Arctic
North America
North America
Africa/Medit.
Africa/Medit.
North America
Africa/Medit.
Africa/Medit.
North America
Africa/Medit.
North America
West of Shetlands
GOM-US
GOM-US
Angola
Israel
GOM-US
Ghana
Nigeria
GOM-US
Angola
GOM-US
bp
Royal Dutch/Shell
LLOG
Total
Noble Energy
ExxonMobil
Tullow Oil
Chevron
Anadarko Petroleum
bp
Hess
Status
Booked
Idle/Standby
Booked
Booked
Booked
Booked
Bidding
Targeted
Booked
Booked
Targeted
Bidding
Bidding
Targeted
Quest Events and Maps
MCE Deepwater Development Exhibition & Technical Conference - Europe’s
Flagship Event
With over a decade of events, Marine, Construction & Engineering (MCE) Deepwater
Development is recognized as the leading conference addressing technical issues related
to engineering, development, and production of oil and gas in deep and ultra deepwater
arenas around the world. As our industry confronts new
challenges, the sharing of deepwater experience will play a
critical role in improving the quality, safety, and economics
vital to the future of the industry.
The mission of MCE Deepwater Development is
to provide a focused event, based in Europe and
completely dedicated to the advancement of
global exploration and production. The conference
addresses the myriad of technical issues and
challenges confronting this industry, while offering
networking opportunities unrivaled by any other
industry event.
Through our sponsorship and exhibition opportunities,
Quest’s goal is to provide a first class service with maximum
marketing exposure. The hospitable staff and stand builder assist to make set-up and
dismantle smooth at MCE Deepwater Development. If you want, you can even send your
marketing information to be printed on the panels and they will be set-up for you when
you arrive. Exhibiting has never been easier!
The MCE Deepwater Development Technical Program grows in strength each year as our
distinguished Advisory Board reaches into the industry to highlight the pertinent topics and
secures the experts in those areas to share their experiences. The International, National and Independent Oil companies make up
around 50 percent of the program with the major supply chain companies and engineering houses adding strategic insight into what’s
driving the future of the
deepwater industry.
Regional Wall
Maps
Quest WA08 DEF
26-01-2009
16:10
Pagina 1
SUBSEA SYSTEMS
For leading offshore oil and gas operators, Cameron is the Subsea Systems equipment expert that helps
you continuously raise performance through our proven technical expertise, project management, and
global manufacturing and service network.
Performance
RELIABILITY AND UPTIME DELIVERED
West Africa
2 0 0 8 I n f ra s t r u c t u re & Q u e s t O f f s h o re ’s
S u b s e a & F l o a t i n g P ro d u c t i o n S y s t e m s Fo re c a s t .
Quest provides
an excellent
marketing and
branding platform
through our
regional wall maps
illustrating subsea
and floating production
infrastructure with a focus
on future developments.
Maps are distributed to high-level members of the
deepwater industry at leading companies within
the market.
Cameron – raising performance with a proven approach to subsea systems equipment
engineering that delivers improved reliability and production uptime you can measure
in dollars and cents. www.c-a-m.com/subseasystems
RAISING PERFORMANCE. TOGETHER™
TC9513
The active and forecast subsea & floating production systems depicted on this map are from proprietary
databases and remain the copyright of Quest Offshore Resources Inc.This map offers an insight into the
currently known active, planned or forecast field developments and their allocated systems and
is based on continuous research by Quest Offshore analysts. Quest Offshore, however, cannot
guarantee that all the known fields or systems are shown.
All subsea data detailed on this map is available in the "Quest Subsea Database"
All floating production system data detailed on this map is available in the "Quest Floating Production Database"
– for further information, please contact nick.search@questoffshore.com or visit www.questoffshore.com.
Quest Offshore Resources Inc.: 1600 Highway 6, Suite 300, Sugar Land TX 77478 USA,Tel: 281 491 5900, Fax: 281 491 5902
Quest Offshore (Europe): 57 Rosebushes, Epsom Downs, Surrey KT17 3NT UK,Tel: 44 1 737 371704, Fax: 44 1 737 371284
Email: corp@questoffshore.com
www.questoffshore.com
This map is the sole property of the publisher and may not be copied in whole or in part without written permission
from the publisher. Copyright 2008, Quest Offshore Resources Inc.
NOTICE
This map has been produced with the greatest care and accuracy and the map and the data depicted were believed to be correct at the time of printing.
Unauthorized disclosure, use, reproduction, reprocessing or transfer of this Data to or by any unauthorized entity is strictly prohibited.
This data reflects information as of October 2008. Nothwithstanding, Quest Offshore and/or InduComm cannot and do not warrant the accuracy of this map nor do they
accept or assume any liability or responsibility for any consequence, financial or otherwise, direct or consequential, foreseeable or not, by any entity relying on the data for any
purpose whatsoever and said entity does so entirely at its own risk and accepts it “as is”.
The data should not be used for navigation.
DORIS Engineering
MORE
INNOVATIVE
THAN EVER
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in reliability subsea.
Our market-leading subsea safety systems – and our world-renowned Tronic and Matre
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Expro – the safe choice for the well flow management of your subsea wells.
Find out more from: www.exprogroup.com
from surface to seabed,
integrated subsea services …
Offshore construction and
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Project management and
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operations
Diving operations
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delivering solutions at any depth
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Sea Trucks Group
SERVI NG THE I NSHO RE A ND O F F SHO RE
O I L & GA S I ND USTRY
Jascon 8
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accommodation
Meeting all lubricant and
subsea control fluid needs
ensuring supply through
local distributors.
installation
fabrication
www. s e at r u ck s g r o u p. c o m
For further information email: offshorewestafrica@castrol.com
Each map notes the project scope in terms of number
of subsea trees and type of floating production unit
used and the related major trunklines. Quest also details
upcoming exploratory drilling prospects on each map so you can see where the future
developments may be in relation to flowing or future developments. We also provide
status of developments, operator and block number as well as major lease area name.
Global capability in complex
offshore engineering and
marine operations
With an established presence in all major oil & gas
centres; including North & South America, Europe,
the Middle & Far East and the development of new
offices in emerging markets, the Noble Denton name
is synonymous with integrity and technical excellence.
www.nobledenton.com
TIDEWATER
www.tdw.com
Innovation and Experience
lead to superior Mooring Technology.
Vryhof anchors are by far the most applied in the Offshore Industry
• Design & manufacturing of anchors for drilling rigs, FPSO’s and CALM buoy’s
• Turnkey rental of the Stevtensioner with supervision for offshore installation
• Soil data analysis and mooring recommendation
• Stevtrack anchor position monitoring system
• Representation of manufacturers of mooring line components
Vryhof Anchors Always a step ahead
www.vryhof.com
For More Information, Please Contact Bo Howard (Bo.Howard@questoffshore.com)
15
Clarity. Insight. Vision.
Corporate Headquarters
Quest Offshore Resources Inc.
77 Sugar Creek Blvd, Suite 500
Sugar Land, TX 77478 USA
Main: (281) 491-5900
Fax: (281) 491-5902
Contact Josh Douglas
Josh.Douglas@questoffshore.com
www.QuestOffshore.com
Quest Offshore is a leading provider of industry analysis, tactical data, news, influential market intelligence reports,
consulting and technical conferences to the offshore oil and gas industry. Our niche canvasses subsea technology, FPS
fabrication, umbilicals, riser & flowlines, and marine construction segments globally.
Quest is your source for strategic insight on the global deepwater oil & gas industry.