Company presentation

Bilfinger Industrier Norge AS

Business segments

A part of the Bilfinger Group

Industrial Power Building and

Facility Construction Concessions

Output volume 2012: €8,648 million

Net profit 2012: €466 million

Bilfinger is an internationally active services and engineering company

125 years track record

70 000 employees

Bilfinger Industrial

Two key players in the Industrial business segment

Output volume 2012 | € million

3,705

1,319

2,249

1,400

€8,635 million

Industrial

Construction

Building and Facility

Power

Locations

Bilfinger Oil & Gas

Locations:

Norway

Sweden

Finland

Denmark

25 sites onshore

25 Installations offshore

29 sites

8 sites

2 sites

Bilfinger

A strong group

Who we are

We are Scandinavia's

leading ISP contractor

to the oil & gas

industry.

We have 2000

employees, and

strong partnerships

with qualified

personnel suppliers.

Bilfinger Industrier Norge AS

Overview

Services and deliveries

Insulation Scaffolding

Rope access Surface treatment

Passive fire protection Architectural/Interior outfitting

Bilfinger Academy – Education within Trades/HSE/Management

Welding habitat services Related engineering services

Frame/service

contracts

Projects

Revenue

€ Mio 321

Output volume by markets Norway 2012

Bilfinger

A strong group

“THE PREFERRED ISP PARTNER

TO THE OIL & GAS SECTOR”

Our vision

Our Mission:

“Create value for our customers through cost effective solutions;

at a high safety level”

Bilfinger Industrier Norge AS Leadership Team as of January 2014

Business Unit Offshore

Peter Matthiasen*

Business Unit

Onshore Plants South

Rune Lie Jonsmyr

*) Management Coordination Business Units

Business Unit

Onshore Plants North

Kjetil Kv amme

CEO

Bjørn Harald Celius

Finance

Geir Bråten

Tech., Supply Chain & Support Systems

Tor Minsaas

Tendering & Contract

Roar Tengesdal

HSEQ & Risk

Dag Bekkelund

HR

Rune Erland

Bilfinger Industrial Services

In competent hands

WE CAN

We offer solutions from a single source addressing the

entire life cycle of industrial assets. In the case of

existing facilities, the focus is on maintenance as well

as conversion, extensions and modernization

WE CARE

We meet the most stringent demands in terms of

occupational safety, environmental protection and

quality.

WE CREATE

With our service concepts we create value added for

our customers.

Corporate compliance at Bilfinger Industrial Services

In our conduct, we observe clear ethical principles and statutory

rules and regulations. These basic rules are enshrined in our

principles of conduct and our code of conduct.

Our compliance-agenda rests on four pillars:

▪ Clear values – We can, we care, we create

▪ Management´s commitment to these values

▪ Implementation of these values across the entire Company

▪ There is Zero tolerance of any breaches of these values

The way we conduct ourselves

WE CARE

HSEQ – highest standards

Bilfinger Industrier

Lost Time Incident Frequency (Index)

Frequency of accidents leading to lost time

per 1 million working hours

H S

E Q

Health The good health of our employees is a particular obligation for us.

Safety In occupational safety, we meet internationally-

recognized standards.

Environment In environmental protection, we impose strict objectives on ourselves, for example in energy efficiency.

Quality We stand for quality: the timely processing of orders in accordance with the required standards.

Zero accidents is possible

0

5

10

15

20

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

Own employees 204.139 hours

Hired 37.051 hours

Produced manhours

December: 241.190 hours

Incidents

YTD 12 m.

LTI 0,2 0,2

TRIF 2,4 2,4

Hours 4.103.232 4.103.232

0,00

2,00

4,00

6,00

8,00

10,00

12,00

14,00

0

1

2

3

Jan. 2013 Febr.2013

Mar. 2013 Apr. 2013 Mai 2013 Jun. 2013 Juli 2013 August2013

Sept.2013

Okt. 2013 Nov. 2013 Des. 2013

Num

be

r o

f incid

ents

Lost Time Incidents ( LTI ) and Total Recordable Incidents Frequency (TRIF)

DAFW/ Fraværsskader Restricted work/ Alternativt arbeid

Medical Treatment/ Medisinsk behandling TRIF ytd

LTI ytd

Life saving rules

OUR

"Lifesaving Rules"

are there to

PROTECT

you and your colleagues

from being exposed to serious

incidents or

fatal injuries!

THEY ARE NOT TO BE BROKEN

Working at height

- Fall Protection

Work-/ Entry Permits

Isolation of energy

Report all incidents and injuries immediately!

If you observe a dangerous action, a dangerous condition or a rule violation - you must intervene and speak out!

Certificates

ISO 9001 ISO 14001 OHSAS 18001 Achilles

Every year more than 1 000 operators

and managers participate in safety

courses and competence training at

Bilfinger Academy in Norway and

Denmark.

Since 1994 more than 1500 operators

have qualified for their trade certificate

at Bilfinger Academy. In 2014 our target

is 110 trade certificates.

Bilfinger Academy is a business leader

in craft training, and we have between

60 - 70 apprentices at any time.

Bilfinger Academy

Onshore Project Centre - OPC

Integrated Services

Support:

▪ Management

▪ HSEQ

▪ HR

▪ Planning

▪ Engineering

▪ CoE

R&D Projects

▪ Development of Next Generation Fire Protection Boxes

▪ Bilfinger Habitat Solutions

▪ JATT Box

Blast Cleaning of Small Limited Areas

▪ Sub-Sea Insulation

Testing New Material (with Carboline)

▪ Cryo Box and Lambda Stem Extender

Cryogenic Insulation

Centre of Exellence

▪ Discipline leads in Surface Protection, Insulation and Scaffolding

Technology

▪ Meeting NORSOK

requirements

▪ Flexible jackets or solid

enclosures

▪ Proven quality through

extensive testing and

experience

Lambda Products

Prefabricated insulation solutions

References

Statoil

HAP Oseberg C 68 000 hours ISP

HAP Oseberg S 117 000 hours ISP

Oseberg FS LQ 182 000 hours Architect

HAP Oseberg FS 235 000 ISP (3 months)

BP

Skarv 335 000 hours IP (6 months)

Valhall Redevelopment Hook-up 368 000 ISP

References

Hook-up & High Activity Periods

2011 2013

Frame agreements

Aker Solutions Egersund

▪ ConocoPhillips Ekofisk 2/4Z Topside

▪ Statoil Åsgard Subsea

▪ Statoil Gudrun Tie-In to Sleipner

▪ Lundin Brynhild Subsea

▪ Total Dalia Subsea

2013 2015

References

Onshore Yards and services Contract for painting, architectural outfitting, passive fire protection, insulation

Frame agreements

Oseberg FS/S/C/Ø

Snorre A/B

Brage

Heimdal

Veslefrikk

Huldra

Sleipner

Norne (LBO)

Njord (LBO)

Heidrun (LBO)

Gudrun (2014-2017 + 2 + 2)

References

Offshore Statoil Contract for ISP services - Includes High activity periods

2010 2016 2018

Client: BP

Installations: Valhall, Ula, Skarv, Hod & Tambar

Disciplines: Painting, Scaffolding, Testing, Passive Fire Protection, Insulation and Utility work

2010 2014 2018

Frame agreements

Talisman Gyda

References

Offshore Contract for ISP services

2013 2016 2020

Frame agreements

Maersk/Teekay Petrojarl 1 & Varg

References

Offshore Contract for ISP services - Includes High Activity Periods

2010 2014 2018

Projects

Statoil Mongstad

▪ CUI program

▪ Main work center

▪ ISP Services

References

Onshore Statoil Plant Fakkeltrasé

2013 2015

Frame agreements

Noretyl - Rafnes

Yara - Herøya

Shell - Fredericia (DK)

Projects

Aibel Kårstø

References

Onshore Plants Contract for ISP services - Includes High Activity Periods

2010 2014 2018

Frame agreements

Esso Norge – Slagentangen

▪ Minor (1 week) Shut downs

several times every year

▪ Full 4 week shut down in 2012

with a total of 80 ISP personnel

▪ Cooperation with Bilfinger IS

2013 2016

References

Onshore Plant Contract for ISP services - Includes High Activity Periods

Frame agreements

Hammerfest LNG (2006 – 2017)

Sture

Kollsnes

Kalundborg (DK)

References

Onshore Statoil Plant Contract for ISP services - Includes High Activity Periods

2010 2016 2018

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