Challenges for

Offshore Gas Terminal

June 19 th, 2013

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Bureau Veritas 2012 revenue: € 3,9bn

8 Global Businesses

Broad Geographical Presence

Asia Pacific

Europe, Middle East & Africa

Americas

Marine & Offshore

IVSCertification

Industry

Consumer Products

Construction

Well Balanced Portfolio

Commodities

20%

12%12%

9%

18%

11%

7% 12%

28% 23%

49%

GSIT

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An extensive geographic footprint

Asia Pacific20,000 employees

420 offices & labs

Europe Middle East Africa23,000 employees

640 offices & labs

Americas 16,000 employees

270 offices & labs

(1) Latin America, Asia ex. Japan, Pacific , Eastern Europe, the Middle East and Africa(2) % of 2012 Group revenue

23%(2)

28%(2)

49%(2)

► 59,000 employees

► 1,330 offices & labs

► Fast growing zones(1) 54%

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Bureau Veritas : Excellence & Performance

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The Key AssetsOffshore is Organized Around 5 Core Families of Assets

1- DRILLING UNITS

2- FLOATING UNITS (with ProductionFacilities/”Top sides”on the top)

3- SUBSEA ASSETS

Drilling Ships Semi-Sub

SPAR FPSOFloating Production Storage&Offloading

Risers FlowlinesUmbilicals

TLPTension Leg Platform

Semi-Sub

“SURF”

Subsea production

systems

4- FIXED PLATFORMS(with Production Facilities/”Top sides” on the top)

5- WIND MILLS

Drilling Barge Jack-Ups

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FSOs & FPSOs: Class and Technical Studies

More than 120 FSOs & FPSOs studied by BV

BV: a world leader in Fatigue Analysis, Hydrodynamics &

Mooring of Floating units

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SELECTED OFFSHORE LNG TERMINALS

BV involved in several on-going OFFSHORE LNG projects as follows:

► Australia:

► Africa:

► Arctique:

► Europe:

► South America:

► China:

► South-East Asia

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► Selected key systems:

� Hull and LNG containment system

� Turret systems (mooring and swivel)

� Inlet facilities

� Acid gas removal

� CO2 disposal

� Gas dehydration

� Mercury removal

� NGL recovery

� NGL fractionation

� Liquefaction processes

� End flash gas systems

� Utilities

APPLICATION TO A 2.5 MTPA FLNG

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Example : Generic FLNG – Membrane containment system

Length BPMoulded BreadthMoulded DepthBlock CoefficientTypical Web Frame

Spacing

Lpp =B =C =

Cb =E =

486.2 m74.00 m43.36 m0.9264.050 m

► Heading analysis

► Hydrodynamic analysis

► Mooring analysis

► Structural analysis

► Sloshing analysis…

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Example : FLNG – SPB containment system

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Example : FSRU – MOSS containment system

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On-going FLRSU Project

► Main particulars

•Length 144 m •Breadth 32 m •Depth 18 m •Draft 4.98 m

•Non-propelled barge•Permanent installation

•Storage 16,000 m 3

•IMO type C cargo tanks

•Liquefaction 72 mmscfd•Regasification 400 mmscfd

FLRSU Floating Liquefaction Regasification Storage U nit

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Overview of the usual Approval Process

Conceptualdesign

Basic Design

FEED(Front End Engineering

& Design)

Detailed Design

ConstructionInstallation

In-Service

ClassificationCertification

In service survey

Design approval Certificate

Certificate of Classification

Maintenance of Certificates

Project phases Approval type BV Certificates

Concept approval

• Statement for conceptual design

• Certificate of concept approval

Design approval

EPCI Engineering

Procurement

Construction

Installation

FEED approval FEED Approval Certificate

Qualification ofnew technology Statement of fitness

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BV FLRSU Execution Plan

Installation

► Spud piles construction survey

► Spud piles installation and FLRSU Hook-up

► Offshore Commissioning

► Noise & Vibration measurement

► Review of Construction Documents (WPS, NDT/NDE procedures…)

► Certification of Welders and Welding Procedure Qualifications

► Surveys as per Inspection and Test Plans (construction & commissioning)

Construction

► Design Review► Inspections at worksProcurement

► Design Review

► Independent analysis (Stability, Hydrodynamic, Structural FEM, Fatigue…)

Engineering Design Approval

Equipment & Material

Certification

Yard Construction

Survey

Offshore Installation &

Commissioning

Classification scope of work Classification scope of work for New Construction offshore projects

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► Hull

BV Classification Scope of work

►Hull structural strength

►Stability

►Hull & Machinery Systems

►Safety Systems

►Ess. & Emergency Power Generation (+ related electrical distribution)

Floater and Accommodation

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Topsides

BV Classification Scope of work

►Liquefaction plant

►Regasification Unit

►Gas treatment (dehydration, acid & mercury removal…)

►Utilities

► Topsides

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BV Classification Scope of work

►Blanketing & Nitrogen system►Vent cargo system►Instrument air system►Hydraulic power system►Cargo tanks scantling and materials►Associated cargo handling system

Cargo Tanks & Handling Systems

► Cargo Tanks & Handling System

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► Mooring System

BV Classification Scope of work

►Spud piles►Deck mounted equipment

Mooring System

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Compound Offshore Project

Compound Offshore Projects

►Company►Yards►Engineering►Manufacturers

Multiple contributors& contractors

located in different places

BV involvement with multiple contributorsManagement of interfaces

Worldwide Involvement of BV Network

Work locations

Possible Local Content

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BV Project Organization

► Worldwide dedicated project organization and focal contact points for each activities :� Design review, Procurement, Construction and Installation Survey,

� In BV HO, BV China, BV Houston

► Verification of interfaces between Contractors and sub-Contractors

► Dedicated communication scheme for technical correspondence (Comment Response Sheets, Drawings submission, Technical Queries…)

► Preparation of yard & on site commissioning and installation

Project

Coordination

BV implements a Dedicated Worldwide Execution Plan for an efficient project progress

Project Reporting

Weekly & Monthly

► Highlight Areas of Concern in line with engineering and construction schedule

► Monitor and Report Progress of drawing & equipment approval and construction survey

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VERISTAR Project Management

Owner

Shipyard

Equipment & Material Manufacturer

Client for productcertification

Engineering

BV Project manager

BV Product Certificationadministrative & surveyor

BV Survey of Constructionadministrative & surveyor

BV Design Reviewadministrative & surveyor

A tool for a COMPREHENSIVE PROJECT OVERVIEWAnd dedicated for all involved parties

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VERISTAR Project Management

Available from Internet

TEAM WORK, REACTIVITY, TRANSPARENCY

Common tool for all involved BV parties

Monitoring and control of design review,

survey at yard and procurement

►Easy access https://www.veristarpm.com►Secured and user-friendly

►Plan Approval Office►Survey at Yards and site comments►Equipment certification►Site installation

►A tool to follow up and manage the project►Prepare reporting►Improve communication

Drawing & review registration

►Expected drawings list►Registration of Electronic documents and revision►Comments and drawings status follow up,►Issuance of Comment Response Sheet (CRS)

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Design Review - Procurement - Survey at Yard

Drawings are registered per discipline and available for all involved BV Plan Approval Offices

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CONCLUSION

► Implement a Worldwide BV Execution Plan for EPC phase in

line with EPC Contractor and Owner organization

► Particular focus on:

� Verification of interfaces between Contractors / Sub-contractors

� Procurement coordination and monitoring

� Project Schedule follow-up

� Contractor confidentiality issues

► Focal contact point for all actors of the project

► BV Project Management tool (Veristar PM ) isused for follow-up

and access is also given to Contractors and Owner

BV

Execution

Plan

for FLRSU

Transparency & Reactivity for an efficient progress

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THANK YOU FOR YOUR ATTENTION