Oceanology International and Catch the Next Wave 2016 Innovations in Foundations: The Mono Bucket Søren A. Nielsen Who We Are and What We Do Bonheur ASA (listed OSE) Offshore Drilling Renewable Energy Ganger Rolf ASA (listed OSE) Cruise Shipping / Other investments Offshore Wind 51.9% 100.0% 100.0% 100.0% Fred. Olsen Fred. Olsen Fred. Olsen First Olsen Ocean Ltd. Energy ASA Renewables AS Cruise Lines (listed OSE) Ltd. Fred. Olsen Windcarrier AS Universal Foundation Norway AS NHST Media Group AS (54%) Koksa Eiendom AS Global Wind Service A/S Various 165 years in shipping and energy How We Got Into the Foundations Business In the period to 2010 it became clear that the market required an improved foundation concept for deeper waters and large turbines In 2011 a majority stake in Universal Foundation was acquired The aim was to qualify and commercialise the suction bucket concept in parallel with building a turn-key capability within foundations MBD Offshore Power A/S Changes name to Universal Foundation A/S Today, UF designs can also be licenced to 3rd parties 60% of shares acquired by Changes name to Norway Acquires further shares and now owns 82% in Universal Foundation Experience from more than 2,000 suction buckets installed world-wide! Universal Foundation - a Hybrid Design Combining the Benefits of Other Proven Concepts A hybrid design The design combines the benefits and main proven aspects of a gravity base foundation, a monopile and a suction anchor. Competitive in 20-55 m water depth Addressing the gap between the “industry darling” monopile and the typically more expensive jacket. Installed Universal Foundation - Suction installation process 1.The suction pump unit is attached to the foundation 2.The foundation is lowered to the seabed 3.Deadweight and gravity ensures self-penetration into the seabed 4.The pump unit enables under-pressure inside the bucket and a water-jet alongside the skirt tip ensure local seabed liquefaction – the combination ensures soil penetration 5.Verticality is controlled to reach required inclination tolerance (+/0,25 degrees - +/- 0,1 degrees achieved in real life average so far) 6.The suction pump unit is recovered Project execution track record (key projects only) PROJECT NAME TIMELINE KEY ACHIEVEMENTS FREDERIKSHAVN (DK) 2002 – still operational WTG load testing and monitoring Comprehensive data collection Most researched foundation in the business 2009 – still operational Floating installation concept proven Integrated scour protection system validated 2013 – still operational Delivery of a full EPCI solution Installation at a UK R3 “true offshore site” Foundations already hit by 50year design wave (20m) Sep. 2014– results are being analyzed Tests at Dudgeon, Dogger Bank and Hornsea Data collection through 29 installations De-risking and confirmation of design parameters Mid. 2015- Early market engagement Detailed design of 6 foundations UF supporting a Vestas V90 3MW WTG HORNS REV 2 (DK) Foundation supporting a met mast DOGGER BANK (UK) Foundations supporting two met. masts TRIAL INSTALLATION (UK) Installations to test soil sensitivity and verify design parameters ICEBreaker – Lake Eire (US) Detailed design ongoing The Mono Bucket is well past a “proof of concept” stage and is ready for demonstration and mass deployment 2013 Market Penetration Strategy 2014 2015-2017 2017 - 2018 Dogger Bank Met. Masts Trial Installations several sites on east coast England Demonstrator project Large scale commercial project COMPLETE COMPLETE IN PROGRESS SECURED Test of new technology Technology qualified for use 29 successful installations in 24 days • Dogger Bank • Dudgeon • Hornsea Proof of concept Building experience & track record Industrialization Our final step towards full commercialisation 2 …And continue to prove the cradle to grave approach… Horns Rev 2 decommissioning One met mast fully recovered Operational since 2009 Removed July 2015 Source: DBB Jack-Up LEEDCo ICEBreaker – First commercial contract LEEDCo ICEBreaker – First commercial contract Trial Installation (2014) – de-risking installation and optimizing design Trial Installation – completed end September 2014 Testing of scaled down Universal Foundation design as well as “standard” bucket for benchmarking and referencing purpose UF structure: 8m diameter x 6m skirt Reference structure: 4m diameter x 6m skirt Campaign running across three major offshore sites in the North Sea Dudgeon Hornsea Dogger Bank Trial Installation – 29 installations completed in September 2014 Test focus and goals Penetration in challenging soil conditions Water injection impact Verticality Forces/stress in skirt structure Soil leveling capability Verification of design parameters Install-ability including splash zone movement and and plug heave measuring Minimum 12 installations in total Challenging soil conditions Soft clay Bolder Bank (with sand spikes/layers) Clay Crust Sand Trial Installation – completed end September 2014 Achievements Installations: 6 on Dogger Bank 2 on Hornsea 4 on Dudgeon +4 additional on Dogger Bank with the Reference Probe 29 installations performed in 24 days… … resulting in a unique soil data base in offshore wind! Data from Click-on Pump Unit Structural Monitoring Systems Data for the Reference Probe system Crane Log ROV operation Slash zone penetration Daily Project progress reports Offshore campaign - Route and Positions Video can be provided on request kaj@ufoas.dk Full seabed contact well-within inclination tolerance at Sand Site 2 Seabed contact after seabed leveling Installation of UF Mono Bucket in Hard Clay Cu 200-400 kPa Predicted penetration Achieved penetration Pump capacity Universal Foundation – A Fred. Olsen related company Universal Foundation - A hybrid design Design verified up to 55 m.w.d. with up to 8MW WTG Suitable for a wide range of soil profiles Modular design, utilising existing supply chain 25% less steel than comparable monopile No grouted connections - integrated transition piece No seabed preparations, integral scour prevention Single-lift or self-floating installation Noise free installation – self-levelling Completely removable – reducing the need for “Bank-Aval” A solid foundation to REDUCE LCoE Fast and Simple installation is key to success! INSTALLATION Monopile UF Mono Bucket 1. Multiple lifts - multiple vessels 1. One lift – one vessel 2. Upending tools 2. Suction pump unit 3. Pile hammer 6-800 kEUR/month 4. Pile gripper 5. Marine growth removal 6. Grout spread + curing temp./time 7. Noise mitigation 2-300 kEUR/unit 8. Scour protection (another vessel) 9. Shimming plates 10. Flange correction tool Translating to cost savings of >30% in installation Going from a complex marine spread… Going from a complex marine spread… Source: IHC … And the 160db problem… – cost out of 20mEUR according to Vattenfall Source: Vattenfall … to one foundation, one vessel and one suction unit… and noise free installation! Spread on Brave Tern for Dogger Bank Click on Unit + transport frame Lifting yoke Control room Noise free The offshore inhabitants are already convinced… Source: Hamburger Abendblatt, November 2014 And we continue to drive innovation… Universal Foundation - ALREADY BEING DEPLOYED Project reference: Frederikshavn – Denmark - 2002 – Vestas V90 3.0MW turbine Bucket diameter 12m, height 6m, weight 135t Universal Foundation - ALREADY BEING DEPLOYED Project reference: Horns Rev 2 – Denmark - 2009 – Met Mast for biggest wind farm in Denmark Bucket diameter 12m, height 6m, weight 165t Universal Foundation - ALREADY BEING DEPLOYED Project reference: Dogger Bank 2013 – 2 met masts for the largest UK Round 3 project (7.4GW) Bucket diameter 15m, height 7.5m, weight 350t Universal Foundation - ALREADY BEING DEPLOYED EPCI Contract ”In house” Main Contractor Universal Foundation Engineering Universal Foundation Fabrication Harland and Wolff (a Fred. Olsen related company) Installation Fred. Olsen Windcarrier (a Fred. Olsen related company) Topside SeaRoc (a Fred. Olsen related company) Project schedule Contract signed October 2011 Fabrication May to November 2012 Installation 1st campaign February 2013 Installation 2nd campaign September 2013 Thank you – questions ?