SWIS Overview Introduction to OSRL’s Subsea Services © Copyright 2014. Oil Spill Response Limited. Agenda Supplementary Services SWIS - SWIS Capping Stack System & Subsea Incident Response Toolkit - SWIS Containment - Global Dispersant Stockpile - Offset Installation Equipment © Copyright 2014. Oil Spill Response Limited. 2 Supplementary Services for Members © Copyright 2014. Oil Spill Response Limited. 3 Our Industry Commitment Oil industry’s Tier 3 spill response provider of choice 45 oil and energy Shareholder companies and over 120 Associates The only oil spill response cooperative with a global remit © Copyright 2014. Oil Spill Response Limited. Industry owned and funded Major focus on preparedness: oil spill training / planning and exercises / project support 4 OSRL Geographical Reach Americas EMEA Asia Pacific Stavanger, Norway Aberdeen, UK London, UK Southampton, UK Fort Lauderdale, USA Houston, USA Manama, Bahrain Operational bases Representation offices SWIS bases Loyang, Singapore , Jakarta, Indonesia Angra Dos Reis, Brazil Saldanha, South Africa Registered office © Copyright 2014. Oil Spill Response Limited. 5 MACONDO 2010 What is SWIS? International Association of Oil and Gas Producers (OGP) established Global Industry Response Group (GIRG). Subsea Well Response Project (SWRP) created in 2011. Oil Spill Response Limited (OSRL) identified as provider of choice. © Copyright 2014. Oil Spill Response Limited. OSRL establish Subsea Well Intervention Services (SWIS) division 6 SWIS CSS/SIRT Services Strategically located subsea well response equipment (2x) 10k CSS: • 7” 10K Capping Stack Kits (2x) SIRT: • Debris Clearance • Dispersant Application • BOP Intervention Stavanger Singapore (2x) 15k CSS: • 18-3/4” 15K Capping Stack Kits • Complete Subsea Response Kits South Africa Brazil © Copyright 2014. Oil Spill Response Limited. 7 SWIS CSS / SIRT Members Original members of Subsea Well response Project “SWRP 9” New Members of SWIS Total 20 members (2 Short Term) © Copyright 2014. Oil Spill Response Limited. 8 SWIS Bases Singapore Norway Saldanha – South Africa Angra Dos Reis – Brazil © Copyright 2014. Oil Spill Response Limited. 9 SWIS Capping © Copyright 2014. Oil Spill Response Limited. 10 Integrated Subsea Intervention System Four Capping Stack Systems (CSS) Two Subsea Incident Response Toolkits (SIRT) Available for the majority of international subsea wells Designed for subsea use up to 3000m water depth Transportable by sea and/or air Response Ready © Copyright 2014. Oil Spill Response Limited. 11 Survey & Debris Clearance © Copyright 2014. Oil Spill Response Limited. 12 Dispersant System © Copyright 2014. Oil Spill Response Limited. 13 BOP Intervention © Copyright 2014. Oil Spill Response Limited. 14 Capping Stack © Copyright 2014. Oil Spill Response Limited. 15 Standardised Capping Systems Dual 71/16’’ 10k Gate Valves on Main Bore Dual 18 ¾’’ 15k Rams on Main Bore Common 15k System © Copyright 2014. Oil Spill Response Limited. 16 15k Scope of Supply © Copyright 2014. Oil Spill Response Limited. 17 SWIS Membership OSRL Membership (Participant or Associate) SWIS Capping Supplementary SWIS Containment GDS Supplementary Agreement Supplementary Agreement Agreement Offset Installation Equipment Supplementary Agreement in development © Copyright 2014. Oil Spill Response Limited. 18 Additional SWIS Membership Benefits Subscribers Technical Advisory Forum (STAF) Document Control System SWIS Appreciation Site © Copyright 2014. Oil Spill Response Limited. 19 Handover points – SEA Deployment by sea © Copyright 2014. Oil Spill Response Limited. 20 Handover points – AIR Deployment by Air © Copyright 2014. Oil Spill Response Limited. 21 SWIS Containment Toolkit © Copyright 2014. Oil Spill Response Limited. 22 SWIS Containment Members Eight of the original members of Subsea Well Response Project New Containment Members Total 9 members © Copyright 2014. Oil Spill Response Limited. 23 © Copyright 2014. Oil Spill Response Limited. 24 Max use of Standard Existing Vessels and Equipment Vessels Standard offshore well test spread Drilling riser, BOP & Inner string Coiled Tubing unit & Tubing string for MEG delivery Maximum Flow rates: Capping stack 100,000 barrels / day. Each leg 33,000 barrels / day. First leg available end of 2014 © Copyright 2014. Oil Spill Response Limited. 25 SWIS Capping & Containment Terms of Subscription © Copyright 2014. Oil Spill Response Limited. 26 SWIS Capping Stack System Terms of Subscription Entry Fee: $1 million Entry criteria (any of): 1. Credit rating (A-) 2. Net worth test of $5 bln Annual Per Well Fee: Calculated annually based on total no. of wells nominated 3. Letter of Credit for $100 mln 4. Guarantee for $100 mln Max $500,000 per well 2014 well $99,000 per well Forecast 2015 approx. $188,000 per well © Copyright 2014. Oil Spill Response Limited. 27 SWIS Containment Toolkit Terms of Subscription Entry Fee: $1 million Waived for subscribers joining within three months of signing up to the SWIS Capping Stack or before 30th November 2014 Entry criteria (any of): 1. Credit rating (A-) 2. Net worth test of $5 bln 3. Letter of Credit 4. Guarantee Annual Per Well Fee: Calculated annually based on total no. of wells nominated Max $500,000 per well 2015 forecast TBC © Copyright 2014. Oil Spill Response Limited. 28 Global Dispersant Stockpile © Copyright 2014. Oil Spill Response Limited. 29 Background An idea from inside the industry – post Macondo IPEICA JIP initiative © Copyright 2014. Oil Spill Response Limited. 30 Subsea Dispersant Application © Copyright 2014. Oil Spill Response Limited. 31 Type, Quantity and Locations – 5000 m³ Type Quantity (m3) Location Dasic Slickgone NS Finasol 52 Finasol 52 Dasic Slickgone NS Finasol 52 Finasol 52 Corexit EC9500A Corexit EC9500A 500 500 350 350 1500 800 500 500 OSRL Base UK Southampton OSRL Base UK Southampton OSRL Base Singapore OSRL Base Singapore Supplier Warehouse - Europe OSRL Base South Africa Florida/Texas USA Brazil © Copyright 2014. Oil Spill Response Limited. 32 Global Dispersant Stockpile Terms of Subscription Long or Short Term Membership available Entry Fee: Calculated on a Capital Contribution basis based on OSRL membership banding Entry criteria (any of): 1. Credit rating (BBB-) 2. Net assets for indemnity financial standing to meet suppliers requirements, 3. Letter of Credit for $50 mln Annual Subscription Fee: 4. Guarantee for $50 mln Annual subscription fee based on OSRL membership banding © Copyright 2014. Oil Spill Response Limited. 33 Mobilization – Notification via normal channels – Southampton, Singapore, Americas OSR(D)L Incident Owner •Maintenance of stock •Loading of dispersant •Transport to designated port •Designate preferred port •Arrange airplane/vessel •Coordinate further travel & in country logistics •Confirm the use of dispersant with local environmental body Each year mobilizations exercises will be carried out at each location to test OSRL staff and contracted service providers © Copyright 2014. Oil Spill Response Limited. 34 Offset Installation Equipment © Copyright 2014. Oil Spill Response Limited. 35 Offset Installation Equipment Deployment by Air © Copyright 2014. Oil Spill Response Limited. 36 End of Presentation Any questions? © Copyright 2014. Oil Spill Response Limited. 37