Organization and Capabilities Introduction

Offshore Engineering and Technical Services

January, 2014

•  A registered Chinese company, headquartered at Shekou-Shenzhen, wholly owned by a Hong Kong registered entity.

•  Company founded by technical, and operations specialists from Oil & Gas industry with a great depth of international experience:

  China Brazil Africa Russia GOM

•  Organization’s objectives:

i.  Complete challenging oil and gas engineering projects

ii.  Facilitate technology exchange between China and overseas technology companies

iii.  Maintain a focus on HS&E and legal or regulatory compliance

•  Partnered with industry leading firms exclusively representing their business activities within China.

Summary Introduction

•  Areas of Expertise

–  Project Management and Technical Staffing

–  Drilling Operations and Well Planning

–  Fracturing operations – design, analysis and on-site supervision

–  Completions and Artificial Lift design

–  Flow assurance and Process Modeling (Hysim and Olga)

–  Asset Integrity Management and Materials Selection

–  Operational Readiness Documentation and Commissioning Services

–  Production Chemistry and Materials Selection

•  Field Operations and Development Projects

–  Application of Lessons Learned

•  24 years per consultant average experience based in China

–  Feasibility, Based on Life of Field

•  What makes sense based on the actual well and reservoir history

–  Design and Integration Requirements

•  From the reservoir, to well, to the production facility to export

What can we do?

Offshore Gas Project - Case History No. 1

•  Petrobras - Peroa Cangoa Gas Field

–  Sub-sea well completions in water depths to 100 to 500+ meters

–  Initial 4 well design in varying water depths

–  First wet gas sub-sea umbilical pipeline within Brazil.

–  Design envelope of 0.5 to 2.3 million scm per day

•  8 to 350 m3 per day of condensate

–  Completed flow assurance study and recommended line sizing

–  Supported materials of construction selection process

–  Developed production treatment strategy

–  Oversaw offshore and onshore

facility commissioning

Angola Deepwater Project Management 

Case History No. 2  ‐ TLPs and FPSOs 

•  Exxon Mobil – Kizomba Projects (Block 15) – 1,300 meters water depth

•  Production of 488,000 bopd from two deepwater production systems

•  Predictive modeling of the flow characteristics in the flow lines (1300 meters water depth)

•  Support of the selection of materials used in the construction of deepwater structures

•  Developed process operational procedures

•  On-site comissioning support and process troubleshooting services

•  Development of corrosion monitoring – ER and weight loss corrosion coupons, Fe+ levels etc.

•  Failure analyses – ship deck on new build vessel, and also heat exchanger tubes

Case History 3

FEED Study

•  FEED and Project Study for Perdido, Shell Gulf of Mexico

–  Mudline boosting system for water depth of 2,600 meters

–  Design based on US patent authored by Profundo staff

–  Production rates up to 25,000 BFPD

•  Initial Design and Functional Validation

–  Identification and validation of the system to the component level

–  Key requirements for command and control structure

–  Scope of Supply

–  Qualification Plan

–  Integration Requirements

–  Factory Acceptance Testing (FAT) Requirements

–  Systems Integration Testing (SAT) Requirements

Deepwater Feed Study - Case History No. 3

FEED Study and Project Management

Case History No. 4

•  FEED and Project Management Jubarte Field – Petrobras, Brazil

–  Water Depth 1400 m - Deepest subsea Electric Submersible Pump completion (2006)

•  6000m Pipeline and Tie Back

•  Design Production Rate 22,000 BFPD (3500 M3FPD)

•  Sea Bed temperature 40F (4C)

–  17 API Crude, Flow Assurance Challenges - Modeling

•  Well sizing and design prior to drilling operations

–  Largest Horsepower system ever installed (2006) – 1200 Hp

–  Designed to be produced initially with Gas Lift (GL) then transition to ESP production

–  Interface and Project Management

•  Tree Interface Design and Qualification

•  Oversight of drilling operations

•  Onsite rig supervision during completion

Construction and Commissioning

Case History No. 5

•  Olowi Project, CNR Int. – Gabon Africa

–  $1.6+ billion USD Project

–  35 meters of water - oil rim/gas reservoir

–  Managed construction and pipe laying

–  Used ENI HLV and Bokalis pipe laying vessels

–  Well tubing heat traced and also flow lines – (paraffinic crude oil)

–  Contract management of FPSO and MPVs

–  Managed successful commissioning of system

Case History 2 Artificial Lift Design

Exeter - Mutineer Project Design, Santos Australia,

–  Water depth of 140 meters

–  Step-outs up to 7 km

–  Production rates 12,000 to 20,000 BFPD

•  Design of dual (redundant) ESP systems

–  Surface and down hole string design – component level

–  Scope of supply

•  Tree Interface Design and Qualification

•  Command and Control Structure

•  Qualification Plan

•  Integration Requirements

•  Factory Acceptance Testing (FAT)

•  Systems Integration Testing (SIT)

Artificial Lift Design - Case History No. 6

Offering complete staffing solutions for offshore oil and gas facilities:

•  Staff have worked on the deepest and most challenging oil and gas

production wells in the world.

•  Experts in deepwater facility design and development

•  Management possesses extensive oil and gas deepwater operations

experience in the field.

•  Projects co-ordinated or managed by professional staff based within

PRC employed by a registered Chinese entity.

•  Flexibility with respect to contracting services structure

Summary Value ProposiDon 

•  Profundo Technologies Ltd.

•  22B,Seaview Plaza, Taizi Road, Shekou,Nanshan,District,Shenzhen, 518067 P.R.C

•  +86 755 8827 1631

•  www.profundo.asia