January 2014

Marine Workshop
To establish the vessel requirement to support Jubilee and
TEN operations during 2014-2018

Slide 1
1. Introduction

The agenda for 29/01/14, 09:00 – 12:00 hrs.

1. Introduction.
2. Purpose.
3. The marine philosophy with respect to the requirements of the field in terms of
activity and the vessels required to provide for that activity.
4. TGL support vessels recent history, 2009 – 2013.
5. Review of upcoming vessel requirements.

Slide 2
1. Introduction

The agenda for 29/01/14, 14:00 – 17:00 hrs.

1. Discuss and agree how to cover the needs of production operations and the
JUBILEE & TEN SIMOPS.
2. Production support vessels.

3. EHSS support vessels.

4. Well Engineering support vessels.

5. Light construction vessel.

Slide 3
1. Introduction

The agenda for 30/01/14, 09:00 – 12:00 hrs.

1. Possible use of bespoke vessels (built to purpose or modified for task).

2. Identifying suitable owners to develop a bespoke vessel strategy for LCV,

Operations & EHSS support vessels.
3. Sourcing of vessels in terms of broker philosophy, when to use, when not to use.

4. Impact of local content legislation and the requirement for due diligence to
assure compliance.

Slide 4
1. Introduction

The agenda for 30/01/14, 14:00 – 17:00 hrs.

1. Contracting strategy, short term, midterm, long term. 2 year to 3 year contracts
compared to 5 years to 10 years.

2. Roles and responsibilities for marine/field vessel management.

3. Feedback from stakeholders concerning likes dislikes, successes and shortcomings,
gaps and gap fillers.

Slide 5
2. Purpose

Why are we doing this?

1. To table a detailed 5 year plan for Supply Chain, C&P, Compliance and CRB.

2. To improve the quality of the annual marine budget build exercise.

3. To bring transparency and comprehension to all stakeholders within TGL

concerning future vessel requirements.

4. To be able to share the 5 year vessel strategy with partners and other
external stakeholders as and when the need arises.

5. To be ready with a practical response for the operational needs of the BU.

Slide 6
2. Purpose

What do we hope to achieve?

1. To create an aligned vessel operational strategy supported by all user groups.

2. Ensure opportunities for rationalisation and optimisation across the user groups
are fully exploited to achieve the best operational and cost efficiency possible.
3. By repeating this forum annually, maintain a 5 year rolling view on the vessel
requirement and master contract strategy.
4. Create better connectivity between the individual vessel contract
strategies, the 5 year master strategy and the annual marine budget.
5. Diffuse any tensions both internally and externally concerning marine contracting
and vessel expenditure.

Slide 7
3. Marine philosophy

What are the vessel activities in the Jubilee field?

Operations Well Engineering Vessels

1. Offtake tanker hold-back
2. Offtake tanker hose & hawser 1. Rig supply 1. Re-supply
3. Subsea IMR support 2. Rig warehouse 2. Crew change
4. FPSO re-supply 3. Rig hot-shot supply
5. EHS – Oil Spill Response 4. Close stand by
6. EHS – Safety 5. EHS – Oil Spill Response
7. EHS – Security 6. EHS – Safety
8. EHS – Offtake tanker medevac 7. EHS – Security

Slide 8
3. Marine philosophy

FUNCTIONS – Standards and Requirements

The following list is extracted from the existing TGL Marine Philosophy

Offtake tanker hold-back.

• Anchor Handling Vessel (AHTS)
• Joystick control (minimum), DP2 (preferred)
• Bollard pull 100T (minimum).
 
Offtake tanker hose & hawser
• Workboat – WaveHandler 900
• PoB capacity –
• Bollard pull – 3T
• Overnight shelter/accommodation
 

Slide 9
3. Marine philosophy

Subsea IMR
• ROV - host for a Work Class ROV providing space and facilities for equipment operation
and accommodation for a crew of 8.
• DP2 (minimum)
• Daughter craft – for infield transfers.
 
FPSO supply
• DP2 (minimum)
• Bulk methanol supply
• Bulk pot-water supply
• Bulk diesel supply
• Deck cargo
 

Slide 10
3. Marine philosophy

Oil Spill response

• Recovery boom deployment.
• Dispersant storage and distribution
• Permanent presence in field (x2 during offtake periods)
• Response time – arrival on site within 2hours
 
Personnel recovery
• RIB / FRC – crew + 6POB
• Recovery facilities for transfer RIB – mother vessel
• Basic medical facilities and trained personnel.
• Response time – arrival on site within 45mins.
 

Slide 11
3. Marine philosophy

Security
• Navy presence
• Continuous presence in field
• Radar facilities for detection of small craft.
• RIB / FRC – intervention
• Response time – arrival on site within 1hour.

Slide 12
3. Marine philosophy

Which vessels provide for these requirements today?

 

 
Primary provider
 

Seacor Merchant

Bourbon Astynax
Secondary provider

Seacor Master
 

Wave handler
John Coghill
 

Man-overboard recovery Pick up from RIB, 45mins. x x x x x

Helicopter pax recovery Pick up from RIB, max 45mins. x x x x x

Oil spill response Two vessels for boom deployment, max 2hrs x x x    

Security (intruder) Navy presence, max 1hour x x      

Offtake stern tug Continuous presence during offtake     x x  

Offtake hose handling Continuous presence during offtake     x x x

FPSO Supply Weekly     x x  

Slide 13
3. Marine philosophy

What will be the requirements in the TEN field?

Operations Well Engineering Vessels

1. Offtake tanker hold-back
2. Offtake tanker hose & hawser 1. Rig supply 1. Re-supply
3. Subsea IMR support 2. Rig warehouse 2. Crew change
4. FPSO re-supply 3. Rig hot-shot supply
5. EHS – Oil Spill Response 4. Close stand by
6. EHS – Safety 5. EHS – Oil Spill Response
7. EHS – Security 6. EHS – Safety
8. EHS – Offtake tanker medevac 7. EHS – Security

Slide 14
3. Marine philosophy

What are the additional challenges envisaged from Jubilee & TEN field SIMOPS?

Slide 15
3. Marine philosophy

• Present EHSS response time standards will be impossible to meet with regard to the
environment, safety and security.

• The patrol area to maintain effective security will be more than doubled.

• Canoe and fishing related incursions can be expected to increase accordingly.

• Routine FPSO supply activity will be doubled.

• Offtake operations frequency will essentially be doubled.

• The risk of environmental impacts will rise accordingly.

• More than double the present level of subsea IMR operations will be required.

• Presently we do not have the additional vessel capacity to cater for these requirements.

Slide 16
3. Marine philosophy

So what are the solutions?

The marine philosophy document will have to be adjusted to incorporate the additional
challenges and associated contingencies.

The additional work scopes will present the opportunity for better rationalisation and
optimisation of vessel assets between Jubilee and TEN Operations, Subsea Operations and
EHSS.

The presence of two rigs on long term contracts working in Jubilee and TEN between now
and 2018 will also give increased scope to incorporate their support vessels into the overall
combined field strategy.

It only remains for us to work out, and then document, how best to achieve these goals.

Slide 17
4. TGL Support Vessels History

So lets take a quick look at what was done in the past in terms of rigs and their support
vessels:

2008

Rigs Vessels

Blackford Dolphin Highland Valour

West Ceres Highland Courage
Eirik Raude FD Irresistible
Atlas Tide
Warturm
Pacific Askari
Shalom 1
Zeeleeuw

Slide 18
4. TGL Support Vessels History

2009

Rigs Vessels

AHTS PSV FSV

Blackford Dolphin Highland Valour Pacific Askari Bourbon Antoinette
Eirik Raude Highland Courage FD Irresistible
Skandi Mogster Pacific Aurora EHSS
Highland Endurance Pacific Parakeet Zeeleeuw
Maersk Asserter Viking Surf Shalom 1
Maersk Trimmer FD Invincible Oceanix Orion

Two rigs Seventeen Ships

Slide 19
4. TGL Support Vessels History

2010

Rigs Vessels

Eirik Raude AHTS PSV MPSV

Sedco 702 Highland Endurance Pacific Aurora Bourbon Astyanax
Deepwater Subhiksa FD Invincible
LCV
Millennium Subhadra Hellespont Drive
Normand Installer
Pacific Wyvern Hellespont Dawn
FSV
Maersk Asserter Hellespont Defiance
FPSO Bourbon Antoinette
Maersk Shipper Bourbon Ruby
Maersk Launcher ER Aalesund EHSS
Maersk Trimmer Santos Service Oceanix Orion
John Coghill Ken C Tamblyn Orient
Norman F McCall Siem Saphire Guardian

3 Rigs, the FPSO arrived, 26 ships

Slide 20
4. TGL Support Vessels History

2011

Rigs Vessels

Eirik Raude AHTS PSV MPSV

Sedco 702 Pacific Wyvern Pacific Aurora Bourbon Astyanax
Deepwater Maersk Launcher FD Invincible Bourbon Arethuse
Millennium Maersk Trimmer Hellespont Drive FSV
Sedco Energy John Coghill Hellespont Dawn Bourbon Antoinette
Norman F McCall Hellespont Defiance Mr Zachary
FPSO Bourbon Ruby
ER Aalesund EHSS
Santos Service Orient
Ken C Tamblyn Seacor Master
Art Carlson Seacor Merchant
Bourbon Hidra

4 Rigs, the FPSO, 23 ships

Slide 21
4. TGL Support Vessels History

2012

Rigs Vessels

Eirik Raude AHTS PSV MPSV

Olympia John Coghill Pacific Aurora Bourbon Astyanax
Sedco Energy Norman F McCall FD Invincible FSV
West Leo Highland Courage Hellespont Drive Mr Zachary
Highland Endurance Hellespont Dawn EHSS
ER Aalesund Seacor Master
FPSO Bourbon Hidra Seacor Merchant
Bourbon Hestia
Bourbon Liberty 239

4 Rigs, the FPSO, 16 ships

Slide 22
4. TGL Support Vessels History

2013

Rigs Vessels

Sedco Energy AHTS PSV MPSV

West Leo John Coghill FD Invincible Bourbon Astyanax
Norman F McCall ER Aalesund FSV
ER Narvik Mr Zachary
Bourbon Hestia Fast Scout
Siem Hanne Harlan S McCall
FPSO OOC Panther EHSS
Seacor Master
Seacor Merchant

2 Rigs, the FPSO, 14 ships

Slide 23
5. Review of upcoming vessel requirements

Asset / project Type Activity Requirements 2014 Requirements 2015 Requirements 2016 Requirements 2017 Requirements 2018

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Kwame Nkrumah FPSO

Bourbon Astyanax MPSV IMR D. Dock Firm period 1st Extension period 2nd Extension period

John Coghill AHTS Holdback, Hose, Supply Firm period 1st Extension period 2nd Extension period

Dry dock substitute MPSV IMR

TBC 13 MPSV To complement TEN Future requirement yet to be tendered.

TBC 14 AHTS To complement TEN Future requirement yet to be tendered.

TEN FPSO FPSO

TBC 1 TS Holdback, Hose, Supply Future requirement yet to be tendered.

TEN Subsea installation

West Leo MODU On contract TGL On contract T Guinea On contract Tullow Ghana Limited

ER Aalesund PSV Supply Firm period Extension period

ER Narvik PSV Supply Firm period Extension period

Harlan S McCall FSV Supply Firm period Extension period

TBC 2 PSV Supply Future requirement yet to be tendered.

TBC 3 PSV Supply Future requirement yet to be tendered.

TBC 4 FSV Supply Future requirement yet to be tendered.

Stenna Drillmax MODU On contract T Mauritania Possible Farmout On contract TGL Suriname On contract TGL On contract T Mauritania On contract Tullow Ghana Ltd

ER Stavanger PSV Supply Firm period

ER Trondheim PSV Supply Firm period

TBC 5 PSV Supply Future requirement yet to be tendered. Future requirement Future requirement yet to be tendered.

TBC 6 PSV Supply Requirement to be confirmed Future requirement yet to be tendered. Future requirement Future requirement yet to be tendered.

Jubilee & TEN Field security patrol & OSR

Seacor Master EHSS Patrol, security End of co nt rac t

Seacor Merchant EHSS Patrol, security End of co nt rac t

TBC 7 EHSS Patrol, security Firm period 12 x 1 month extension periods

TBC 8 EHSS Patrol, security Firm period 12 x 1 month extension periods

TBC 9 EHSS Patrol, security Future requirement yet to be tendered.

TBC 10 EHSS Patrol, security Future requirement yet to be tendered.

TBC 11 EHSS Patrol, security Future requirement yet to be tendered.

Field support

TBC 12 LCV LCI, IMR Requirement to be confirmed Future requirement yet to be determined

Slide 24
5. Review of upcoming vessel requirements

So, in detail in the order that the vessels are required to be fixed:

1. 2 x PSV to support West Leo to replace ER Aalesund & ER Narvik at end of

contract in Q3 2014. As the West Leo is showing as being in Ghana between Q3
2014 and Q4 2018 we have the opportunity to fix a 4+ year contract for this
requirement.
Contract value will be in he order of 2 x $33,580,000.00

2. 1 x FSV to support West Leo to replace Harlan S McCall at end of her contract in
Q3 2014. As the West Leo is showing as being in Ghana between Q3 2014 and Q4
2018 we have the opportunity to fix a 4+ year contract for this requirement.
Contract value will be in the order of $ 21,900,000.00

Slide 25
5. Review of upcoming vessel requirements

3. MPSV to cover Bourbon Astyanax dry dock July 2014. Duration of contract 30 days plus
mob & de-mob. For a similar vessel the contact value will be in the order of $900,000.00
plus mob and de-mob for the vessel only (not including ROV spread).

4. 1 x PSV (possibly 2) to support the Stenna Drillmax when she arrives in Ghana
circa Q4 2014. This requirement also has the potential for a longer term contracts
through to Q4 2017, subject to agreement on how to cover the rig’s vessel
requirements while in Suriname and Mauritania. Contract value will be in the order
of $25,185,000.00 per vessel.

Slide 26
5. Review of upcoming vessel requirements

5. EHSS vessel for general field support, to replace Seacor Master Q1 2015. The Master is to
be fixed short term, 1 year firm plus 4 x 3 month extensions whilst the longer term strategy
for Jubilee and TEN SIMOPS is developed and a suitable hull sourced.
6. EHSS vessel for general field support, to replace Seacor Merchant Q1 2015. The
Merchant is to be fixed short term, 1 year firm plus 4 x 3 month extensions whilst the
longer term strategy for Jubilee and TEN SIMOPS is developed and a suitable hull sourced.
7. EHSS vessel, a third vessel to be deployed during TEN Subsea installation and potentially
longer term if a three vessel strategy is deemed appropriate to give adequate protection to
Jubilee & TEN SIMOPS.
These vessels are good candidates for contract durations in the order of 10 years.
Contract values would be in the order of $45,000,000.00 per vessel (subject to
specification).

Slide 27
5. Review of upcoming vessel requirements

8. MPSV Jubilee FPSO for I&IMR work to complement TEN FPSO strategy. This vessel could
replace Bourbon Astyanax in Q3 2015. This vessel would be a good candidate for a contract
term of 5 years plus. Contract value in the order of $ 50,000,000.00
9. AHTS for JUBILEE FPSO for hold back and hose work to complement TEN FPSO strategy.
This vessel could replace John Coghill in Q3 2015 and is also a good candidate for a 5 year
plus contract. Contract value in the order of $ 40,000,000.00
10. Support vessel for the TEN FPSO required by Q1 2016. The operating strategy for the
SIMOPS for the two terminals has yet to be agreed and so the contract strategy for this
proposed vessel will be of particular interest. Contract value in the order of $
40,000,000.00

Slide 28
5. Review of upcoming vessel requirements

Light construction vessel

Required to perform tree and jumper installation, inspection maintenance and repair
activity. This vessel to operate in conjunction with the Jubilee MPSV, or on a stand alone
basis. The strategy is yet to be finalised.

Slide 29
6. How do we do it?

1. Update the TGL Marine philosophy to include TEN (also Subsea, WE).
2. Update the philosophy to include neighbouring Tullow Marine operations as they
become relevant.
3. Agree in principle the vessels required.
4. Confirm the vessels conform to the philosophy.
5. Agree the master contract strategy.
6. Prepare the individual contract strategies.
7. Initiate the procurement process.

Note:
The procurement process on a standard vessel is in the order of 3 to 6 months.
On a vessel with modifications or upgrades this can significantly increase the lead time.

Suggest we get started then…

Slide 30
 Robert A. Brown
Tullow Ghana Limited
No. 71 George Bush Highway (motorway Extension)
North Dzorwulu, Accra-Ghana
 

Slide 31