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Pro ect Pro osal for EPCIC NPro ect Pro osal for EPCIC N--WHP,WHP,

Associated Pipelines and ReceivingAssociated Pipelines and Receiving

--

Presented by Abraham Imam MuttaqinStudent ID : 115151

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Presentation Outlines :Presentation Outlines :

Key Milestone

Work Breakdown Structure

Project Schedule

Project Cash Flow Analysis

Conclusion and Way Forward

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Project Name : Pad-Thai Field

Development Field Location : 100 NM, east of

,

Water Depth : 60 meter

Type of Contract : Lumpsum

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Key locations which related to project execution activities.

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, ,

Construction (C), Transportation & Installation (I) and

Hook-u & Commissionin C for Nick Wellhead

Platform (N-WHP)

1) 600 MT Topsides with 16 Slots Conductor

2) 700 MT Four-Legged Jacket

3) 1000 MT Piles and Conductors

Subsea Pipelines : 20 dia x 15 km Long

Tie-in to existin facilities E-WHP : new i launcher,deck extension and tie-in.

Primary Steel, Crane and Coated 20 Pipeline will be

supplied by Client

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Schematic Interface between N-WHP and Existing E-WHP

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-

Drillin on N-WHP : 1 Se t 30 Oct 2014

HUC Com letion : 30 Nov 2014

Total Project Duration : 14 Months

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14 months which is safe, efficient and effective.

Meet or exceed Company expectations in

terms of HSE, technical content, quality andschedule.

Foster and maintain a ood workinrelationship with the Company throughout the

ro ect.

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Pro ect Execution PlanPro ect Execution Plan Mobilize key-personel within one week after contract

Set-up Interface Process System among the disciplines (E,

P, C, I and C)

Review FEED deliverables and within 2-3 month

Engineering Team should issue AFC deliverables

Strong Procurement Team to be set-up at very beginningof the project phase to manage critical long lead items and

-

Fabrication Schedule

-

Transportation and Installation will be sub-contracted

- -

Seek financial funding in month 12 of project execution

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.

2. Detailed Engineering (Process, Structure,

3. Procurement (Contractor Supplied and Client

Su lied

4. Fabrication (Jacket, Piles & Conductors and Topsides)

5. Trans ortation Pi eline acket and Pile & Conductor

Topsides)

6. Installlation, Hook U & Commissionin Pi eline,Jacket, Piles and Conductors, Topsides and Tie-in to

Receiving Facilities E-WHP)

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Pro ect Or anization ChartPro ect Or anization Chart ProjectManager

Interface

Manager

ProjectControland

Risk

QAManager ProjectEngineer

HSEManager

Engineering

Manager

Procurement

Manager

Fabrication

Manager

T&IManager HUCManager

Structure

Mechanical/Piping

Structure

Mechanical/Piping

Fieldengineer

MarineCoordinator

Buyer

Procurement

Hookup Eng

CommisiongEng

Electrical/Instrument Electrical/Instrument

Safety

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Project ScheduleProject ScheduleDuration

Year 2013 Year 2014

m m m m m m m m m w w w w w w w w w w w w w w w w w w w w m m m m m1 Contract Award 1d

2 Detailed Engineering

Stuctural 6m

Mechanical/Process 6m

Electrical 6m

(month)

Instrumentation 6m

3 Procurement

Client Supplied

Primary Steel 3m

Crane 6m

Coated line pipes & bends 10m

Contractor Suppli ed

Low grade steel 1m

CS piping material 2m

Duplex piping 6m

Valves, SP items 6m*

Vessels, Pump, Tanks 6m

Safety equipment 3m

E/I and Telecom equipment 6m*

an e ecom u s ma er a m

4 Fabrication

Topsides incl. deck extension/pig receiver 7mTesting and pre-commissioning for Topsides 1m

Jacket 6m

Testing for jacket 1w

Piles/Conductors 3m

N-WHP sail awa y

5 Transportation and Installation

Transportation

Pipeline

Jacket

TopsidesPiles/Conductors

Deck Ex tension and pig receiver

Installation

Pipeline

Jacket

Topsides

Piles/Conductors

Installation Completion

6 Hook-up and Commissioning

Install Deck extension @ E-WHP

Install Pig receiver @ E-WHPTie-in to existing E-WHP and commissioning

HUC Comple tion

7 Drilling Campaign on N-WHP

Early FacilityReadiness

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Project Cost EstimationProject Cost EstimationUnit Price Lump Sum

(USD/unit) PRICE (USD)

1Project Management (Management,

Insurances, Services To Company, etc.)17 months 90,000 1,530,000

2 Engineering Lumpsum 2,000,000

3 Procurement

Structural Material 1 LS 600,000 600,000

Piping Material 1 LS 2,600,000 2,600,000

Mechanical Material 1 LS 1,700,000 1,700,000

E&I and Telecom. Material 1 LS 1,400,000 1,400,000

Procurement Services (Expedite/TPI/FAT) 1 LS 315,000

, ,

4 Fabrication

Topside 137,500 MH 20 2,750,000

Jacket & Appurtenances 56,000 MH 20 1,120,000

Piles & Conductor 20,000 MH 20 400,000

LoadOut & Seafastening 1 LS 300,000 300,000PMT,

4%Enginee

rin 6%

HUC,

7%, , na ocumen a on ,

4,670,000

5 Transportation & Instal la tion

Mob/Demob

- DP Vessel 1 time - 6,200,000

Operations

Procure

ment,

19%

T and I,

49%

- DP Vessel 31.5 Days 300,000 9,450,000

Barge & Tug

- Platform (2 nos) 49 Days 18,000 882,000

- Pipelines 15 Days 18,000 270,000

Crew Boat 14 Days 10,000 140,000

Fabricat

ion, 14%

16,942,000

6 Hook-Up and Commissioning

Flowlines Installation and Well HUC 1 LS

Header Fab and Installation 1 LS

Fab and Install Deck Extension 1 LS 2,500,000

Tie-in and Commissioning to E-WHP 1 LS

2,500,000GRAND TOTAL (BASE) 34,257,000

GRAND TOTAL (BIDDING PRICE) 41,108,400

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Project Monthly Performance CostProject Monthly Performance Cost

Cost

(x1000 USD) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

1 Project Management 1836 131 131 131 131 131 131 131 131 131 131 131 131 131 131

2 Engineering 2400 400 400 400 400 400 400

Project Activity DescriptionNo Month

3 Procurement (Material)

Low grade steel 756 756

CS piping material 756 378 378

Duplex piping 1008 168 168 168 168 168 168

Valves, SP items 1512 252 252 252 252 252 252

Vessels Pum Tanks 1890 315 315 315 315 315 315

Safety equipment 252 84 84 84

E/I and Telecom equipment 1386 231 231 231 231 231 231

E/I and Telecom bulks material 378 94.5 94.5 94.5 94.5

4 Fabrication 5244 583 583 583 583 583 583 583 583 583

5 Transportation and Installation 20330 6777 6777 6777

6 Hook-up and Commissioning (HUC) 3000 3000

Project's monthly progress cost 41108 531 531 1497 3392 2636 2258 1774 1680 714 714 714 7851 6908 9908

ro ec cumu a ve mon y progress cos

Notes :

1) Projects monthly performance cost will be the basis forClient payment

2) Monthly equal cost basis is assumed

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Project Cash Flow ForecastingProject Cash Flow Forecasting

Project Cost

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

1 Cash inflow (incl 20% profit) 531 531 1497 3392 2636 2258 1774 1680 714 714 714 7851 6908 9908

Project's Monthly CashflowNo Cashflow Forecasting - EPCI Project

- -

(based on project's monthly progress)

2 Cash outflow (incl profit)

a) Project Management -131 -131 -131 -131 -131 -131 -131 -131 -131 -131 -131 -131 -131 -131

b) Engineering -400 -400 -400 -400 -400 -400

c) Material

-

CS piping material 756 -756

Duplex piping 1008 -1008

Valves, SP items 1512 -454 -605 -454

Vessels, Pump, Tanks 1890 -567 -756 -567

Safety equipment 252 -252

or er, on s te,

30% commissioning

One month after

Pre-Comm

- . - -

E/I and Telecom bulks material 378 -76 -189 -113

d) Fabrication -583 -583 -583 -583 -583 -583 -583 -583 -583

Loadout and seafastening 360 -360

e Trans ortation and Installation

20% order, 50% on site,

30% commissioning

DP Vessel 18780 -9390 -9390

Boat, barge, vessel and tug service 1550 -1550

f) HUC 3000 -3000

Monthl Cash Inflow in x1000 USD

50% mob/demob, 50%

installation complete

One month credit

from Vessel Owner

Monthly Cash Outflow (in x1000 USD) -531 -1829 -1363 -1870 -1366 -1303 -3776 -714 -714 -2264 -10104 -10104 -2042 -3131

Net Project Cashflow (in x1000 USD) 0 -1298 134 1523 1271 956 -2001 966 0 -1550 -9390 -2253 4866 6777

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Project Cash Flow ProfileProject Cash Flow Profile

8000

4866

4000

6000

0 134

15231271

956 966

00

2000

-1298

-2001-1550

-2253-2000

0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16

-6000

-4000

-9390-10000

-8000

-12000

Ordinate axis : in thousand USD

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1) Integrity and condition of existing facilities (E-

WHP)

2) Sub-standard FEED deliverables from Client3) Inadequate integration between OTM Ltd and

Sub-Contractors

e ay n comp e on o e vera es ostart fabrication) and Long Lead items (material

of Client Supplied Material (i.e primary steel)

5 Limited resources for man ower and sub-contractors

6) Lack of cash in month 12 during projectexecution

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EPCIC project based on following proposal :

1) Proposed project execution plan or method statement

3) Proposed Project Schedule

, ,

5) Twenty (20) percent profit margin

project cash flow analysis

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Thank YouThank You

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Backu SlidesBacku Slides

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Procurement CostProcurement Cost

en oren or vsvs en oren orItem Description Price Leadtime Term

Month(s)

1 Low

grade

steel 600,000 1 CIFFabYard

2 CSPipingmaterials 600,000 2 CIF

Fab

Yard

3 Duplex

Piping 800,000 6 CIF

Fab

Yard , ,

5 E&I

and

Telecom

bulks

materials 300,000 4 CIFFabYard

6 Vessels,Pumps,Tanks 1,500,000 6 CIF

Fab

Yard

7 Valves,

SP

Items 1,000,000 8 CIFFabYard

8 SafetyEquipment 200,000 3 CIF

Fab

Yard

Total 6,000,000

Item Description Price Leadtime Term CIF Fab

Mont s yar r ce

1 Lowgradesteel 700,000 1 CIF

Fab

Yard

2 CS

Piping

materials 700,000 2 CIFFabYard

3 DuplexPiping 1,000,000 6 CIFFabYard

, ,6 ExWork 1,100,000

5 E&IandTelecombulksmaterials 300,000 4 CIF

Fab

Yard

6 Vessels,

Pumps,

Tanks

1,500,000 6 CIFFabYard

7 Valves,SPItems 1,000,0006 ExWork 1,200,000

8 SafetyEquipment 200,000 3 CIF

Fab

Yard

Total 6,400,000

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Fabrication CostFabrication Cost

MT MH/MT MH USD/MH USD

ops e ee , , ,

Mech/Piping 150 300 45,000 20 900,000

E/I 100 400 40,000 20 800,000

, , ,

Piles/Conductors 1,000 20 20,000 20 400,000

2,300 213,500 4,270,000

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T and I CostT and I Cost

Derrick

Lay

Barge

(DLB)Unit Price (USD) Day USD Remark

Opt1:8pointmooring,comeswith2AHTs,noSATsystem

5MMUSDLumpSummob/demob(onto/fromSite) 5,000,000

250,000USD/dayDayRate 250,000

PipelayRate:1km/day 15 3,750,000

JacketInstallation7days 7 1,750,000

Pile/ConductorInstallation7days 7 1,750,000

TopsidesInstallation3days 3 750,000

PostinstalledRiserInstallation4days 4 1,000,000

PipelineHydrotest

2days 2 500,000

DLBs eed3knots 38 14,500,000

Opt2:DPVessel,withSATsystem

6.2MMUSDLumpSummob/demob(onto/fromSite) 6,200,000

300,000USD/dayDayRate 300,000

PipelayRate:2km/day 7.5 2,250,000

JacketInstallation6days 6.0 1,800,000

e on u c or ns a a on ays . , ,

TopsidesInstallation2days 2.0 600,000

Postinstalled

Riser

Installation

3days 3.0 900,000

SubseaTiein2dayseachend 4.0 1,200,000

PipelineHydrotest2days 2.0 600,000

DPspeed3knots 32 15,650,000 Selected

DiverSupportVessel(DSV)DP2,withROVandSATsystem

2MMUSDLumpSummob/demob(onto/fromSite) 2,000,000

150,000USD/dayDayRate 150,000

SubseaTiein4daysbothends 4 600,000

Pipeline

Hydrotest

2

days 2 300,000, ,

Barge&TugareonlyavailableinJurong,Singapore

BareBargeTowSpeed5knots 18,000 15 270,000

BargewithfullloadTowSpeed3knots 30 540,000

Dayrateat18,000USD/day 19 342,000

1,152,000

Barge for pipeline

Barge for jacket & piles

Barge for topsides and deck

extension

CrewBoat&SupplyBoatareonlyavailable inSingapore -

Dayrateat10,000USD/day Supply boat 10,000 14 140,000

AverageSpeed

10

knots

16,942,000Total Installati on Cost in USD =