The IKM Group 2014 2014 - A challenging year Hi, everyone! 2013 did not turn out as many of us had expected. We hoped and believed that everyone in the whole industry would have full order books at the start of 2014, but unfortunately, this was not the case. All the major development contracts were awarded to foreign contractors. This is very disappointing and a big setback for parts of the supplier industry involved in field development. This also means “thinned down” order books and unfortunately, some laid-off employees. This situation will continue in 2014, but fortunately, we have other markets in our industry, such as operations and maintenance, drilling, well testing and not least, subsea and subsea engineering. Activity is much better here and therefore, there is full activity in most of the companies in IKM. However, there were also many highlights in 2013, such as: • IKM Consultants AS was awarded a major, global framework agreement with Statoil • IKM Operations AS was awarded 2 major contracts with Total on Martin Linge • IKM Cleandrill AS was given its first job with its newly developed equipment, which was performed with great success! • IKM Subsea AS was awarded its first contract for Statoil • IKM Kran & løfteteknikk AS and IKM Service AS completed a successful merger • IKM Mekaniske AS moved to Hillevåg • IKM Euroheat AS was established • IKM Testing AS was established in Poland and Korea • IKM NTS AS was established and got full order books • IKM Consultants AS acquires Poseidon Consulting Services These are just a few of the positive events last year, and I am also pleased to inform that, despite the slump in orders, we look set to deliver around MNOK 400 of EBITDA. In future, we in IKM Gruppen must work on several important matters at the same time. These will be: • Filling up the order books in all the companies • Very careful spending, i.e., we must increase our focus on “correct spending”. We need to think outside the box and look for better work methods and cheaper solutions • Correct use of time, because time is money. Everyone can make a good contribution here. If everyone takes a critical look at their tasks, and sees / considers the best option, I am sure we will find solutions that are smarter than those we have today. I would like to finish off by saying that despite a few clouds on the horizon, I am an optimist. We are a good team (and a feared competitor) and will continue to grow and as such, are where we should be! HSE Policy • Zero injuries is our overall objective. • We shall instil trust and confidence among our customers and employees. • We shall follow acts and regulations, including ethic code of conduct. • HSE is the most important internal work area. • No operation has priority over safety. • HSE is a line responsibility in the entire organisation. • Everyone is responsible for their own safety and the safety of others. • We shall prevent pollution and reduce negative environmental impact. • We shall reduce wastage and optimise the use of resources. We will achieve this through continuous improvement of all processes and systems established in each organisation. Together with our clients and suppliers we shall follow statutory regulations and continually improve our procedures and routines in environmental management. We believe that social commitment will result in savings for our clients, and new business possibilities for the IKM Group. Each IKM company shall establish its own objectives in order to live up to the IKM Group’s overall policy. Zero injuries - an overall objective The IKM Group ELECTRICAL/ INSTRUMENT/ PROCESS SUBSEA/ COMPLETION/ COMMISSIONING ENGINEERING/ OPERATIONS FABRICATION/ INSPECTION IKM Elektro AS (Sola) IKM Testing AS IKM Consultants AS IKM Euroheat AS (Sola) Dept. Bergen Dept. Kristiansund Dept. Hammerfest (Sola) Dept. Bergen Dept. Lier Dept. Oslo (Stavanger) IKM Testing Asia Pte. Ltd. IKM Consultants UK Ltd IKM Industrigravøren AS (Singapore) (Aberdeen) (Vigrestad) (Tananger) Dept. Bergen Dept. Bryne Dept. Bærheim Dept. Oslo IKM Testing Australia Pty. Ltd. IKM DSC Engineering AS IKM HVAC AS (Perth) (Tranby) (Stavanger) (51%) IKM Testing Brasil LTDA IKM Kran og Løfteteknikk AS IKM Inspection AS (Rio de Janeiro) Dept. Macaé (Tananger) IKM Measurement Services Ltd. IKM Testing Canada Ltd. (Tananger) (Aberdeen) (St. Johns) Dept. Halifax Dept. Alberta (Stavern) Dept. Arendal Dept. Bergen Dept. Sandnessjøen Dept. Stavanger IKM Instrutek AS (Larvik) Dept. Sola Dept. Bergen IKM Laboratorium AS IKM Measurement Services Australia Pte. Ltd. (Perth) IKM Norwegian Technology Solutions AS IKM Haaland AS (Vigrestad) IKM Offshore Service AS IKM Ocean Design AS IKM Testing Kazakhstan LLP (Atyrau) (Stavanger) (88%) Dept. Trondheim Dept. Oslo IKM Røntgenkontrollen AS IKM Operations AS (Rolvsøy) (67 %) IKM Maskinering AS (Stavanger) (67%) (Busan) (Tau) Dept. Sola Dept. Fyresdal IKM Testing Korea LLC (Sola) IKM Production Technology AS IKM Testing Malaysia Sdn. Bhd IKM Mekaniske AS (Sola) (Kuala Lumpur) IKM Production Technology Sdn. Bhd IKM Testing Mexico S. de R.L. de C.V (Stavanger) Dept. Nærbø (Kuala Lumpur) (Ciudad de México) IKM Valves AS IKM Testing Poland Sp. z o.o. (Stavanger) (67%) Dept. Bergen (Gdansk) IKM Stål & Fasade AS IKM Testing Spain SL (Stavanger) Dept. Haugesund IKM Mekaniske Kristiansund AS (Kristiansund) (Cadiz) IKM Technique AS IKM Testing Thailand Co. Ltd. (Sandnes) (Rayong) IKM Testing UK Ltd. (Newcastle) Dept. Aberdeen PT IKM Indonesia (Batam) IKM Cleandrill AS (Straume) (51%) IKM Mooring Services AS (Sola) IKM Subsea AS (Bryne) IKM Subsea Solutions AS (Bryne) IKM Subsea Malaysia Sdn. Bhd (Kuala Lumpur) IKM Subsea Singapore Pte. Ltd. (Singapore) 1989 1989 1990 1990 1991 1991 1992 1992 1993 1993 1994 1994 1995 1995 1996 1996 1997 1997 1998 1998 520 5000 5000 450 IKM Invest 802 4500 4500 700 IKM EIENDOM AS IKM INDUSTRIINVEST AS 4000 4000 Commersial property Company investments Leased area (90.000 sq.m) Noreco ASA (18,2%) North Energy ASA (2,5%) Smaken av Grimstad AS (67%) Scanfarm AS (68%) Agasti Holding ASA (3,8%) Uniteam Holding AS (80%) Development projects Commercial real estate (120.000 sq.m.) Residentials (20.000 sq.m.) Recreational residentials (80 units) 1467 3500 3500 1375 Funds Apartments / housing Energy Ventures III Energy Ventures IV 9 rental units Company investments Selvaag Bolig ASA (3,8%) 3000 3000 Acona AS 2500 2500 The revenue for IKM Invest comprises companies where IKM’s owner share is 34% or more. 2000 2000 1965 1832 1500 1500 1000 1000 Keafer IKM AS 500 500 838 832 0 1999 1999 2000 2000 2001 2001 2002 2002 2003 2003 2004 2004 2005 2005 2006 2006 2007 2007 2008 2008 2009 2009 2010 2010 2011 2011 2012 2012 2013 2013 B2014 B2014 Mill. NOK Mill. NOK Electrical / Instrument / Process Product sales • Supply house • Instrumentation/electro/electronics/ automation • Subsea/topside valves • Flow/level instruments • Vibration instruments • Laser alignment instruments • Acoustic instruments • Measurement/testing equipment • Electrical motors/transformers • Thermography equipment • Transformer surveillance • Calibration/environmental instruments • Navigation/communication • Enclosures • EX Enclosure heaters Manufacture • System integration • Electrical motors/transformers/ generators • Subsea electrical motors/transformers • Pressurised containers • Control/enclosure panels • Valve parts/valve repair • High pressure sample bottles • Subsea HPU’s • Subsea electrical actuators • Sampling Systems • Local control panels ( LCP) Rental • Equipment and personnel Service, installation and calibration • Pressure, temp, flow, electrical, mechanical and gas density • Electrical parameters • Valve Site Service (VSS) • Pressure safety valves (PSV) • Navigation/maritime communication (maritime equipment) • Vibro-acoustics • Machine protection offshore • Projecting (new build) • Field instrumentation • Emission measurements (NOX) • Power control containers (Ex/non Ex) • Temporary electrical equip. (Ex/Z-015) • Electrical/hydraulic control systems (Ex/non Ex) • Personnel (automatician, electrician, instrument) • Onshore/offshore service assignments • Condition monitoring • Winding/overhaul motors Process and well technology • Data sampling (pressure, temp, flow, chemical analysis) • On-site PVT • Well integrity (monitoring/analysis) • Process surveillance Training courses Webshop • Sale of test and measuring instruments • Rental of equipment and instruments Companies in the division IKM Elektro AS IKM Laboratorium AS IKM Instrutek AS Dept. Bergen Kokstadveien 23, 5257 Kokstad, Norway T: +47 51 71 95 00 E: IKMlab.Bergen@IKM.no Skvadronveien 24 4051 Sola, Norway T: +47 51 81 17 30 E: IKMelektro@IKM.no Elveveien 28 3262 Larvik, Norway T: +47 33 16 57 00 E: IKMinstrutek@IKM.no Dept. Sola Ljosheimvegen 12 4051 Sola, Norway T: +47 51 20 23 00 E: IKMinstrutek@IKM.no Dept. Bergen Kokstadveien 23, 5257 Kokstad, Norway T: +47 55 69 13 50 E: IKMinstrutek@IKM.no NorSea Base, Bygg 53 Pb. 124, 4098 Tananger, Norway T: +47 51 71 95 00 E: IKMlab@IKM.no Avd. Bryne Nordlysveien 7, 4340 Bryne, Norge T: +47 51 71 95 00 E: IKMlab@IKM.no Dept. Oslo Ensjøveien 18 0661 Oslo, Norway T: +47 22 78 27 40 E: IKMlab.Oslo@IKM.no Dept. Rental Forusbeen 248, 4312 Sandnes, Norway T: +47 51 71 95 40 24/7: +47 51 71 95 95 E: Utleie.IKMlab@IKM.no IKM Measurement Services Ltd. Howe Moss Terrace, Kirkhill Industrial Estate Dyce, Aberdeen, AB21 0GR, UK T: +44 1224 79 3262 E: IKMms@uk.IKM.com IKM Measurement Services Australia Pte. Ltd 33 Kewdale Road Welshpool WA 6106 Australia T: +61 8 9452 6100 E: IKMms@au.IKM.com IKM Norwegian Technology Solutions AS Gamle Forusvei 25, 4031 Stavanger, Norway T: + 47 51 64 13 00 E: IKMnts@IKM.no IKM Production Technology AS Skvadronveien 24 4050 Sola, Norway T: +47 994 97 220 E: IKMpt@IKM.no IKM Production Technology Sdn. Bhd 35J-2-9, KLSC, Jalan Wangsa Delima 5, Wangsa Maju, 53300 Kuala Lumpur, Malaysia, T: +601 9650 6949 E: IKMpt@IKM.no IKM Valves AS Gamle Forusvei 25 4033 Stavanger, Norway T: +47 51 71 95 20 E: IKMvalves@IKM.no Avd. Bergen Bredalsmarken 15, inng. B, 7 floor, 5006 Bergen, Norway T: +47 55 69 11 34 E: IKMvalves.Bergen@IKM.no Subsea / Completion / Commissioning Topside Drilling services • Pressure and vacuum testing • Chemical cleaning • Oil flushing / oil cleaning • Nitrogen services (N2/He leak testing) • Video inspection • Bolting work services • Hot bolting • Hydrojetting • Air treatment • Flow coding / labelling / tagging • Certification of accumulators • Maintenance of heat exchangers • HVAC cleaning • Pipe freezing • Vacuum cleaning of vessels /tanks • Preservation • Cold cutting • Flange facing • Hot- / cold tapping • Tank cleaning • Decommissioning • LRA/NORM handling • Cleaning in place (CIP) • Cuttings transport System (CTS) • Mud recovery without riser (MRR) • Nitrogen well displacement • Scale squeeze inhibition pumping • Acid stimulation services • Offshore waste handling • Swarf • Conductor cutting Subsea • Pigging / pipeline services / RFO / PCO • Umbilical services • Subsea spools services • Subsea template/manifolds services Training courses • Bolt tensioning (OLF118) • Valves (OLF 119) • Plugging services • Compact flanges • Pressure testing • Hot oil flushing • Hydrojetting Rental • Pumps and tanks • Inspection equipment • Bolt working equipment • Drying and filter units • Flanges and plugs • Air compressors • Testing equipment • Hydraulic hose reels • Hot water cleaners ROV services • ROV operations • Sale of ROV‘s • Trencher operations • Sale of trencher’s • Tie-in operations • Manufacture of subsea equipment • Survey support • Drill support • Inspection/maintenance/repair (IMR) • Subsea construction • Excavation and dredging • Cutting operations, diamond wire etc • Leak detection / pig tracking / tracing Mooring services • Mooring services for semi-subs Companies in the division IKM Testing AS Ljosheimvegen 14, 4051 Sola, Norway T: +47 51 64 90 00 E: IKMtesting@IKM.no Dept. Bergen Ågotnes Industripark Pb. 97, 5346 Ågotnes, Norway T: +47 56 31 27 70 E: IKMtesting.Bergen@IKM.no Dept. Kristiansund NorSea Vestbase, Pb. 2223 6503 Kristiansund, Norway T: +47 71 58 07 60 E: IKMtesting.Kristiansund@IKM.no Dept. Hammerfest Bøkkerveien 9, 9600 Hammerfest, Norway T: +47 78 01 11 00 E: IKMtesting.Hammerfest@IKM.no IKM Testing Asia Pte. Ltd. 117 Defu Lane 10, Singapore 539229 T: +65 6777 8803 E: IKMtesting@sg.IKM.com IKM Testing Australia Pty. Ltd 33 Kewdale Road Welshpool WA 6106 Australia T: +61 8 9452 6100 E: IKMtesting@au.IKM.com IKM Testing Kazakhstan LLP Atambaeva street, 12/A, 060005 Atyrau, Republic of Kazakhstan T: +7 (7122) 25 15 69 E: IKMtesting@kz.IKM.com IKM Testing Brasil LTDA IKM Testing Malaysia Sdn. Bhd Dept. Macaé Av. Prefeito Aristeu Ferreira da Silva 545 - Granja dos Cavaleiros, Macaé - RJ Cep:27930-070 T: +55 21 2217 4001 E: IKMtesting@br.IKM.com IKM Testing México S. de R.L. de C.V IKM Testing Canada Ltd IKM Testing Spain SL Rua Araújo Porto Alegre, 70 – Sala 1206, Centro, Rio de Janeiro, RJ, CEP: 20030-015 T: +55 21 2217 4001 E: IKMtesting@br.IKM.com 40 St. Anne’s Crescent, Paradise, NL A1L 1K1 St Johns, Newfoundland, Canada T: +1 709 782 5051 E: IKMtesting@ca.IKM.com 35J-2-9, KLSC, Jalan Wangsa, Delima 5, Wangsa Maju, 53300 Kuala Lumpur, Malaysia T: +60 19650 6949 E: IKMtesting@my.IKM.com Pedro Ramirez del Castillo,170 Dep 2, Piso 1, San Juan Centro, 16000 Xochimilco, México DF. T: + 34 675 57 35 30 E: IKMtesting@IKM.no Poligono Industrial «El Trocadero», C/Holanda, Nave 23,C.P. 11510 Puerto Real, Cadiz, Spain T: +34 956 47 47 41 E: IKMtesting@es.IKM.com Dept. Halifax 30 Colford Drive,PO Box 100, Head Chezzencook, NS, B0J 1N0, Canada T: +1 902 827 2587 E: IKMtesting@ca.IKM.com IKM Testing Thailand Co. Ltd Dept. Alberta 10604 151 Street NW, Edmonton, AB, T5P 1V5, Canada T: +1 780 232 5999 E: IKMtesting@ca.IKM.com IKM Testing UK Ltd IKM Testing Korea LLC 1124-6 Dalsan-ri, Joenggwan-myeon Gijang-gun, Busan, Korea T: +82 70 4168 9060 E: IKMtesting@kr.IKM.com IKM Testing Poland Sp. z o.o. Ul. Trzy Lipy 3, 80-172 Gdansk, Poland T: +47 51 64 90 00 E: IKMtesting@pl.IKM.com 72/2 Moo 3, Phala Sub-district Banchang District, 21130 Rayong, Thailand T: +66(0) 38601 996/997 E: IKMtesting@th.IKM.com Unit 42 Coldbourne Crescent, Nelson Park, Industrial Estate, Cramlington, Northumberland, NE23 1WB, UK T: +44 1670 707265 E: IKMtesting@uk.IKM.com Avd. Aberdeen Innovation House, Kirkhill Industrial Estate, Dyce, Aberdeen, AB21 0ER T:+44 1224 725599 E: IKMtesting.Aberdeen@uk.IKM.com IKM Subsea AS Nordlysveien 7, 4340 Bryne, Norway T: +47 962 00 210 E: IKMsubsea@IKM.no IKM Subsea Solutions AS Nordlysveien 7, 4340 Bryne, Norway T: +47 962 00 210 E: IKMsubsea@IKM.no IKM Subsea Singapore 48, Loyang Way, Singapore 508740 T: +65 6592 8597 E: IKMsubsea@IKM.com IKM Subsea Malaysia 35J-2-9, KLSC, Jalan Wangsa, Delima 5, Wangsa Maju, 53300 Kuala Lumpur, Malaysia T: +60 19650 6949 E: IKMsubsea@IKM.com PT IKM Indonesia Puri Industrial Park 2000 Jl. Engku Putri, Block C, No. 10A Batam Centre – 29453 Indonesia T: +62 778 469211 E: IKMtesting@id.IKM.com IKM Cleandrill AS Straume Teknologisenter, Trollhaugmyra15, 5353 Straume, Norway T: +47 51 64 90 00 E: IKMcleandrill@IKM.no IKM Mooring Services AS Ljosheimvegen 12, 4051 Sola, Norway T: +47 64 90 00 E: IKMmooringservices@IKM.no Engineering / Operations Consultancy services Marine pipeline engineering • Multidiscipline engineering services • Project management and project control • Procurement and contract services • Logistics and MA services • Subsea and marine, drilling and well • Subsea and pipelines: - Field development - Engineering/design of marine pipelines - Flexible/rigid risers - Installation engineering - Subsea production systems - Subsea operational support • Design and construction of: - Subsea structures - Tie-in modules/systems - Subsea manifold systems Operation/service personnel • Crane operators • Mechanics • Flag men • Heliguards Operation and maintenance services • Operation / maintenance personnel / engineers • Studies and operations engineering • Early phase planning and prepare for operations • All type of manpower for execution and maintenance • Implementing of maintenance management in Client’s system • Maintenance concepts • Planning and execution of corrective and required maintenance, campaign maintenance, shut down activities • Maintenance management / Inspection programs • Life-time studies • Risk Studies. Topside engineering • Structure design • Piping Crane and lifting services • Maintenance, modifications and certification of: - Offshore/ship cranes, lifting equipment - Lifeboats/mob-boats/lifesaving equipment • Certification/maintenance/supply of lifting equipment • Rental equipment • Delivery of related engineering, mechanical work/fabrication Fire/blast protection and winterization systems • External fire and blast walls • Internal fire walls • Explosion relief panels • Heat shields and wind shields • Louvre systems • Escape tunnels • Glazed partitions and internal partitions Companies in the division IKM Consultants AS IKM Ocean Design AS IKM dsc Engineering AS IKM Kran og Løfteteknikk AS Dept. Bergen Kokstadvegen 23 5257 Kokstad, Norway T: +47 55 69 42 02 / 03 / 04 E: IKMconsultants.Bergen@IKM.no Dept. Trondheim Gryta 2B 7010 Trondheim, Norway T: +47 51 21 21 00 E: IKModesi@IKM.no IKM Operations AS IKM Offshore Service AS Dept. Lier Dølasletta 3 3408 Tranby, Norway T: +47 32 22 72 51/ 52 E: IKMconsultants@IKM.no Dept. Oslo Lysaker Torg 35, 1366 Lysaker, Norway T: +47 51 21 21 00 E: IKModesi@IKM.no Ljosheimvegen 12 4051 Sola, Norway T: +47 51 69 51 00 E: IKMconsultants@IKM.no Dept. Oslo Lysaker Torg 35, 1366 Lysaker, Norge T: +47 67 49 47 55 E: IKMconsultants@IKM.no IKM Consultants UK Ltd. 23 Rubislaw Den House, Rubislaw Den North Aberdeen AB15 4AL, Scotland T: +44 1224 329080 E: ikmoduk@btconnect.com Vassbotnen 1, Pb. 99 4064 Stavanger, Norway T: +47 51 21 21 00 E: IKModesi@IKM.no Dølasletta 3 3408 Tranby, Norway T: +47 32 22 65 80 E: IKMdsc@IKM.no Ljosheimvegen 12 4051 Sola, Norway T: +47 51 64 90 00 E: IKMoperations@IKM.no Tankbåtvegen 1 4056 Tananger, Norway T: +47 51 64 81 00 E: IKMkran@IKM.no Tankbåtvegen 1 4056 Tananger, Norway T: +47 51 64 90 00 E: IKMservice@IKM.no Fabrication / Inspection CNC-machining • CNC thin plate machining • 3D measuring • Milling HVAC and mechanical industry • Maintenance and modifications • Sheet metal/welding and machining • Water jetting • Fabrication and installation • Mechanical design / 3D modelling / 3D scanning • Fabrication of stainless steel products • Contracting personnel • Material handling and lifting equipment • Retail engineering • System engineering • Commissioning • Service • Offshore survey and rapport Inspection • NDT/Material inspection • Third party verification • Inspection services Subsea • ROV-tooling • Construction of subsea equipment Surface finishing • Pre-treatment • Powder coating • Laser engraving Construction contracts Companies in the devision IKM Euroheat AS IKM Inspection AS IKM Maskinering AS IKM Mekaniske AS IKM HVAC AS Dept. Arendal Arendal Kunnskapspark, 4808 Arendal, Norway T: +47 48 00 59 71 E: IKMinspection@IKM.no Dept. Sola Ljosheimvegen 12 4051 Sola, Norway T: +47 51 64 90 00 E: IKMmaskinering.Sola@IKM.no Dept. Nærbø Bjorhaugslettå 9 4365 Nærbø, Norway T: +47 51 79 17 20 E: IKMmekaniske.Naerbo@IKM.no IKM Haaland AS Dept. Bergen Toppemyr 16, 5136 Mjølkeråen, Norway T: +47 33 13 24 50 E: IKMinspection@IKM.no Dept. Fyresdal Molandsmoen 3870 Fyresdal, Norway T: +47 35 04 15 00 E: IKMmaskinering. Fyresdal@IKM.no IKM Mekaniske Kristiansund AS IKM Technique AS Sandvikveien 30, 4016 Stavanger, Pb. 1134, Hillevåg, 4095 Stavanger, Norway T: +47 51 82 64 64 E: IKMstal-fasade@IKM.no Sandviksveien 30 4016 Stavanger, Norway T: +47 51 82 56 00 E: IKMeuroheat@ikm.no Hillevågsveien 107, 4016 Stavanger, Norway Pb. 3515, 4078 Stavanger T: +47 900 32 045 E: IKMhvac@IKM.no Skogateigen 28 4362 Vigrestad Pb. 23, 4369 Vigrestad, Norway T: +47 51 79 20 00 E: IKMhaaland@IKM.no IKM Industrigravøren AS Fabrikkvegen 6 4362 Vigrestad, Norway Pb. 55, 4369 Vigrestad T: +47 51 64 13 30 E: IKMindustrigravoren@IKM.no IKM Røntgenkontrollen AS Evjeløkka 7 1661 Rolvsøy, Norway T: +47 69 36 19 50 E: IKMrontgenkontrollen@IKM.no Holmejordetveien 21A, Pb. 68, 3291 Stavern, Norway T: +47 33 13 24 50 E: IKMinspection@IKM.no Dept. Stavanger Tankbåtveien 1, 4056 Tananger, Norway T: +47 474 77 067 E: IKMinspection@IKM.no Dept. Sandnessjøen ASCO-basen, Horvnes 8800 Sandnessjøen, Norway T: +47 952 52 850 E: IKMinspection@IKM.no Breivikveien 17, Nordmarka 4120 Tau, Norway T: +47 51 75 44 44 E: IKMmaskinering.Tau@IKM.no Torneroseveien 12 4315 Sandnes, Norway T: +47 51 80 05 20 E: IKMtechnique@IKM.no Sandvikveien 30, 4016 Stavanger, Norway T: +47 51 82 56 00 E: IKMmekaniske@IKM.no Dalegaten 137 6518 Kristiansund, Norway T: +47 70 33 14 00 E: IKMmekaniske.Kristiansund@IKM.no IKM Stål & Fasade AS Dept. Haugesund Eikeskogveien 23, 5570 Aksdal, Norway T: +47 51 82 64 64 E: IKMstal-fasade. Haugesund@IKM.no History Year Establishments Acquisitions 1989 Instrumentering Kalibrering og Måleteknisk Laboratorium AS (originally Hydrotech Laboratorium AS), renamed to IKM Laboratorium AS 1992 IKM Testing AS 1994 IKM Engineering & Kompetansesenter AS, IKM Mekaniske AS and IKM Kristiansund AS 1995 Scana Hydrotech AS and Alfred Paulsen Contracting AS 1996 Dept. in Bergen for IKM Testing AS and IKM Laboratorium AS IKM Engineering AS (Idavoll AS) 1997 IKM Stillas AS Gjerseth Elektro Contracting AS, Alltex AS (serviceavdelingen) og Semco Industri AS 1998 IKM Testing UK Ltd and IKM Testing Asia Pte. Ltd (Singapore) Kystbasen Vedlikeholds Senter AS and Subsea Design AS 1999 Visman AS and IKM Offshore Development AS (Offshore Development AS) IKM Mekaniske AS invests in new workshop in Jåttåvågen 2000 IKM Testing Canada Ltd. and Wellcon AS (34%) 2001 IKM Kran og Løfteteknikk AS 2002 IKM Testing Spain SL. 2003 IKM Service AS and Merlin Subsea AS Everclean International AS, Odim Hitecs dept. for Industrial-automation, Hitec Instrument (80%) and ACGS Pte. Ltd. in Singapore 2004 IKM Larsen & Mortensen AS (Steinsvik Maskinindustri, dept. Stavanger), OIS Inspection AS, IKM Ocean Design AS (51%) (former JP Kenny Norge AS), and Textrain (UK) Ltd. 2005 IKM Valves AS IKM Mekaniske Kristiansund AS (Noomas Offshore AS) 2006 IKM Testing Australia Pty. Ltd. IKM Instrutek AS (Instrutek AS) og IKM Morgenstierne AS (Morgenstierne Tekniske AS) 2007 IKM Production Technology Sdn. Bhd (Malaysia) Subsea Management Systems som fusjoneres inn i IKM Consultants AS (IKM Offshore Development AS), IKM Testing avd. Harstad (Altinex Services AS), IKM Årdal Mekaniske AS (Årdal Mekaniske Verksted AS) og IKM Production Technology AS (Altinex Reservoir Technology AS) 2008 IKM Testing Kazakhstan LLP IKM DSC Engineering AS (DSC Engineering AS) (67%), Arne Bø Pedersen AS (dept. for bolt working) and Jacobsen Services AS 2009 IKM Subsea AS, IKM Operations AS, IKM Maskinering AS (merger of IKM Larsen & Mortensen AS, IKM Årdal Mekaniske AS and Moland Mekaniske AS), IKM Testing Brasil LTDA and IKM Testing Thailand Co. Ltd Moland Mekaniske AS 2010 IKM Ocean Design Australia Pty Ltd Project Partner AS, IKM Technique AS (Technique AS), IKM Miljøteknikk AS (Miljøteknikk AS) and IKM Haaland Group AS (Haaland AS, Industrigravøren AS, Haaland Elektronikk AS) and Chem Tech Services Ltd 2011 IKM Subsea Singapore Pte Ltd, IKM Subsea Malaysia, IKM Testing Malaysia Sdn. Bhd and IKM Testing Poland Sp. z o.o. Cleandrill AS, Ceragon Networks AS (instrument- and the calibration dept.), Electro Partner AS, Røntgenkontrollen AS and Norweld Control Services AS 2012 IKM Mooring Services AS IKM Minic AS (Minic AS) (51%), IKM HVAC AS (HVACsolutions AS) (51%), Fevik NDT AS, R13 (IKM Testing Brasil LTDA), IKM Norwegian Technology Solutions AS (Norwegian Technology Solutions AS) (67%), IKM Stål & Fasade AS (Stål & Fasade AS) (100%) and IKM Uniteam Offshore AS (Uniteam Vest AS) (51%) 2013 IKM Euroheat, IKM Testing Korea Ltd, IKM Mexico S. av RL de CV and IKM Offshore Service AS Poseidon Consulting Services (100%), Rogaland Offshore (100%) and IKM dsc Engineering (100%) Establishments 1989 1990 Revenue (milestones) Acquisitions 1991 1992 Mergers/demergers 1993 1994 Share purchases 1995 1996 250 mill. Sales 1997 1998 1999 700 mill. 2000 2001 2002 Mergers/demergers Share purchases Sales 34% av Midt-Norsk Stillas AS IKM Stillas AS and IKM Visman AS merge with KAEFER Maritim AS. Change of name: KAEFER IKM AS. 23,29% av Rosenberg Verft AS IKM Elektro AS demerges from IKM Gjerseth Elektro AS, which in turn changes name to IKM Automasjon AS. IKM Automasjon AS and IKM Mekaniske AS (fabrication dept.) 2003 Arne Bø Pedersen AS (dept. for bolting work) and Jacobsen Services AS merged with IKM Testing AS. KAEFER IKM AS and Rosenberg Verft AS (28.4%) Electro dept. in Electro Partner AS merges with IKM Elektro AS, Marine dept. in ElectroPartner AS merges with IKM Instrutek AS, IKM Miljøteknikk AS merges with IKM Laboratorium AS, IKM Haaland Group AS merges with IKM Gruppen AS, Project Partner AS merges with IKM Consultans AS Haaland Elektronikk AS IKM Service AS merges with IKM Kran og Løfteteknikk AS IKM Uniteam Offshore AS sold to IKM Holding AS (IKM Invest AS) 2004 2005 1000 mill. 2006 2007 2000 mill. 2008 2009 2010 2011 3000 mill. 2012 2013 4000 mill. Korea Indonesia Thailand Singapore Malaysia Kazakhstan Australia Poland Norway UK Spain Brazil Canada Our focus is growth! Mexico Electrical/Instrument/Process Subsea/Completion/ Commissioning Engineering/Operations Fabrication//Inspection www.IKM.com