Subsea NE
Launch Event
27th June 2006
collaboration | commercialisation | diversification | internationalisation
BEL VALVES
Richard Dodd
Managing Director
collaboration | commercialisation | diversification | internationalisation
Capability & Business Focus - Group
• Privately Owned 3rd Generation Family Business
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British Engines Limited (BEL)
Established 1922
Employees of 969 World Wide
Group Turnover circa £80m
Pre-1950 Sub-Contract Machining
Post-1950 Strong Product Focus - Valves, Pumps, Glands
• Value Added Engineering, Manufactured in House
• Niche Products & Markets with Ownership of Design
• Investors In People – Stability of Workforce
– Apprentice Intake 15 to 18 per year – 4 Year Programme
• Health, Safety & Environment – Culture Driven / Focus
collaboration | commercialisation | diversification | internationalisation
BRITISH ENGINES INDIA
collaboration | commercialisation | diversification | internationalisation
Company History – BEL Valves
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Formed in 1950 to Support ICI Teeside
Diversified from PetroChem to Oil & Gas – mid 70s
Employees of 358 World Wide
Turnover, £44m
Main Focus Offshore and Subsea Valves – 50/50
Supply of Complete Package of Valve, Actuator, Controls
Marketing, Design, Manufacture, Commissioning &
Maintenance
• Core Values – Customer Intimacy & Product Leadership
collaboration | commercialisation | diversification | internationalisation
Capability & Business Focus
• Complete Package of Valve, Actuator, Controls
– Through Conduit Slab & Expanding Gate Valves
– Subsea Ball Valves
– Swing, Piston Check & Globe Valves
• Key Applications
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High Pressure (5,000psi to 15,000psi)
Sour Service (Exotic Materials – Inconels)
From Wellhead up to Separators / Scrubbers
Manifolds, HIPPS, ESD, Receivers, Metering, Chemical Injection
• Worldwide Customer Base
– Operators to Contractors to SPS Providers to Installers.
– Key Markets – North Sea, Deepwater West Africa & Caspian
collaboration | commercialisation | diversification | internationalisation
Recent Key Projects
Subsea:
Topside:
Shell Bonga
BP Tanguh
Total Dalia
ConocoPhillips Suban II & Belanak
BP Block 18
Agip Kashagan
BP West of Shetlands
BP Shah Deniz
ExxonMobil Kizomba C
ChevronTexaco Tengiz
Statoil Tyrihans, Snohvit, Kristin
BP ACG
BG Simian/Saphire & WDD
Petrobras P50, P53, P54
BP King
Statoil 2/4M & Statfjord LateLife
Chevron Tahiti
NPCC OGD 3
Woodside Vincent
collaboration | commercialisation | diversification | internationalisation
Recent Key Projects (cont)
• And UK (25%):
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ChevronTexaco Captain C
CNR Brenda, Lyell
Kerr McGee Dunbarton, Affleck
Shell Gannet, Merganser, Pierce, Starling, Howe II
BG Atlantic/Cromarty, Maria
PetroCanda Pict
ConocoPhillips Callanish/Brodgar
Tallisman Tweedsmuir
BP Farragon, Rhum
• And ............
collaboration | commercialisation | diversification | internationalisation
Capability & Business Focus - Valves
• Investment in New Plant and Equipment – BEL Valves
– Total Investment: £2.6m (2004) & £1.7m (2005)
– Total Planned Investment £1.4m (2006)
– Doubled Machining and A&T Capacity in 3 Years
• Capacity Increase in Manpower of 35%
– The Oil & Industry is busy (+2011?)
– Both through UK supply
– & EU Labour Support - the UK market is saturated!
• Business Process Re-Engineering
– Implementation of New Business System
– Agile and Lean Manufacturing – “Business Excellence”
• Aligned Material Suppliers – UK & Abroad
collaboration | commercialisation | diversification | internationalisation
Company Status and Future Plans
• Attain Profitable Growth through Integration (Up & Across)
– Requires Investment in Facilities.
– Requires Investment in Business Excellence – People & Processes
– Focus on New Markets - Gas Storage & Nuclear.
• Retain Technology and Product Lead
– HIPPS Systems – Subsea & Topside
– Deepwater
– HP – 20000 psi
• Regional Support
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Training and Education
Skilled Labour Pool – Both Staff & Works.
Product Technology Development support
Growth & Expansion – Support.
collaboration | commercialisation | diversification | internationalisation
5 Minute Q & A
Thank You.
Richard Dodd
rd@bel.co.uk
+44 191 265 9091
collaboration | commercialisation | diversification | internationalisation