Project

j
Proposal
p
for EPCIC NN-WHP,
Associated Pipelines and Receiving
Facilities on EE-WHP

Presented by Abraham Imam Muttaqin

Student ID : 115151

Presentation Outlines :

Project Brief and SOW

Key Milestone
Project Execution Plan
Work Breakdown Structure
Project Organizational Chart
Project Schedule
Project Cost Estimation
Project Cash Flow Analysis
Project Major Risk Register
Conclusion and Way Forward

Project Brief
Project Name : Pad-Thai Field
Development
p
Field Location : 100 NM, east of
Chumporn Province,
Province GOT
Water Depth : 60 meter
Type of Contract : Lumpsum
Client : AIT Exploration & Production Ltd

Project Location

Key locations which related to project execution activities.

Project Scope of Work

Provision of Engineering (E),

(E) Procurement (P)
(P),
Construction (C), Transportation & Installation (I) and
( ) for Nick Wellhead
Hook-upp & Commissioningg (C)
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 existingg facilities E-WHP : new ppigg launcher,
deck extension and tie-in.
Primary Steel, Crane and Coated 20 Pipeline will be
supplied by Client

Scope of Work

Schematic Interface between N-WHP and Existingg E-WHP

Project Key Milestone Date

Contract Award : 1 May 2013

N-WHP Sailaway : 30 April 2014

Installation Completion : 15 June 2014

Drillingg on N-WHP : 1 Sept

p 30 Oct 2014

HUC Completion
p
: 30 Nov 2014

Total Project Duration : 14 Months

Project Execution Objective

Deliver a comprehensive EPCIC project within

14 months which is safe, efficient and effective.

Meet or exceed Company expectations in

terms of HSE, technical content, quality and
schedule.

Foster and maintain a ggood workingg

relationship with the Company throughout the
p j
project.

Project
j
Execution Plan

Mobilize key-personel within one week after contract

award
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 beginning
of the project phase to manage critical long lead items and
Client Supplied Material to be in-line
in line with Engineering and
Fabrication Schedule
In-house
In
house Fabrication
Transportation and Installation will be sub-contracted
Hook-up
Hook
up and Commissioning will be sub
sub-contracted
contracted
Seek financial funding in month 12 of project execution

Work Breakdown Structure

1
1.
2.
3.
4.
5.
6.

Project Management
Detailed Engineering (Process, Structure,
Mechanical/Piping, E/I and Pipeline)
Procurement (Contractor Supplied and Client
Supplied)
pp )
Fabrication (Jacket, Piles & Conductors and Topsides)
Transportation (Pipeline, Jacket and Pile & Conductor,
Topsides)
Installlation, Hook Upp & Commissioningg (Pipeline,
( p
Jacket, Piles and Conductors, Topsides and Tie-in to
Receiving Facilities E-WHP)

Project
j
Organization
g
Chart

ProjectManager

ProjectControland
Risk

Interface
Manager

QAManager

ProjectEngineer

HSEManager

Engineering
Manager

Procurement
Manager

Fabrication
Manager

T&IManager

HUCManager

Structure

Buyer

Structure

Fieldengineer

Hookup Eng

Mechanical/Piping

Procurement

Mechanical/Piping

MarineCoordinator

CommisiongEng

Electrical/Instrument

Electrical/Instrument
Safety

Project Schedule
No

Task Name

Contract Award

Detailed Engineering
Stuctural
Mechanical/Process
Electrical
Instrumentation

Duration
May Jun
(month)
m
m
1d

Jul
m

Year 2013
Year 2014
Aug Sep Oct Nov Dec Jan
Feb
Mar
Apr
May
Jun
Jul
m
m
m
m
m
m wwwwwwwwwwwwwwwwwwww m

Aug Sep Oct Nov

m
m
m
m

6m
6m
6m
6m

Procurement
Client Supplied
Primary Steel
Crane
Coated line pipes & bends
Contractor Supplied
Low grade steel
CS piping material
Duplex piping
Valves, SP items
Vessels, Pump, Tanks
Safety equipment
E/I and Telecom equipment
E/I and
d Telecom
T l
bulks
b lk material
t i l
Fabrication
Topsides incl. deck extension/pig receiver
Testing and pre-commissioning for Topsides
Jacket
Testing for jacket
Piles/Conductors
Loadout and seafastening
N-WHP sailaway
Transportation and Installation
Transportation
Pipeline
Jacket
Topsides
Piles/Conductors
Deck Extension and pig receiver
Installation
Pipeline
Jacket
Topsides
Piles/Conductors
Installation Completion
Hook-up and Commissioning
Install Deck extension @ E-WHP
Install Pig receiver @ E-WHP
Tie-in to existing E-WHP and commissioning
HUC Completion
Drilling Campaign on N-WHP

3m
6m
10m
1m
2m
6m
6m*
6m
3m
6m*
4
4m
7m
1m
6m
1w
3m
2w

Early Facility
Readiness

Project Cost Estimation

Item

Description

Project Management (Management,

Insurances, Services To Company, etc.)

Engineering

Procurement
Structural Material
Piping Material
Mechanical Material
E&I and Telecom. Material
Procurement Services (Expedite/TPI/FAT)

Fabrication
Topside
Jacket & Appurtenances
Piles & Conductor
LoadOut & Seafastening
QA/QC HSE,
QA/QC,
HSE Final
Fi l Documentation
D
t ti
Transportation & Installation
Mob/Demob
- DP Vessel
Operations
- DP Vessel
Barge & Tug
- Platform (2 nos)
- Pipelines
Crew Boat

Unit Price
(USD/unit)

Quantity
17

months

Lump Sum
PRICE (USD)

90,000

1,530,000

Lumpsum

2,000,000

1
1
1
1
1

LS
LS
LS
LS
LS

600,000
2,600,000
1,700,000
1,400,000

600,000
2,600,000
1,700,000
1,400,000
315,000
6 615 000
6,615,000

137,500
56,000
20,000
1

MH
MH
MH
LS

20
20
20
300,000

2,750,000
1,120,000
400,000
300,000
100 000
100,000
4,670,000

time

6,200,000

31.5

Days

300,000

9,450,000

49
15
14

Days
Days
Days

18,000
18,000
10,000

882,000
270,000
140,000
16,942,000

Hook-Up and Commissioning

Flowlines Installation and Well HUC
Header Fab and Installation
Fab and Install Deck Extension
Fab and Install Pig Receiver
Tie-in and Commissioning to E-WHP
GRAND TOTAL (BASE)
GRAND TOTAL (BIDDING PRICE)

1
1
1
1
1

LS
LS
LS
LS
LS

2,500,000

2,500,000
34,257,000
41,108,400

HUC, PMT, Enginee

7%
4% ring,
g, 6%
Procure
ment,
19%
T and I,
49%
Fabricat
ion, 14%

Project Monthly Performance Cost

No
1
2
3

Project Activity Description

Project Management
Engineering
Procurement (Material)
Low grade steel
CS piping material
Duplex piping
Valves, SP items
Vessels,, Pump,
p, Tanks
Safety equipment
E/I and Telecom equipment
E/I and Telecom bulks material

4
5

Fabrication
Loadout and seafastening
Transportation and Installation

Hook-up and Commissioning (HUC)

Project's monthly progress cost
P j t cumulative
Project
l ti monthly
thl progress costt

Cost
(x1000 USD)

1836
2400

131
400

131
400

131
400

131
400

131
400

131
400

131

131

756
378
168
252
315
84
231
94.5

378
168
252
315
84
231
94.5

168
252
315
84
231
94.5

168
252
315

168
252
315

231
94.5

231

583

583

583

583

583

756
756
1008
1512
1890
252
1386
378

168
252
315
231

5244
360
20330

Month
8

10

11

12

13

14

131

131

131

131

131

131

583

583

583

583
360
6777

6777

6777

3000
41108

3000
531

531

1497

3392

2636

2258

1774

1680

714

714

714

7851

6908

9908

531

1062

2559

5952

8588

10846 12621

14300

15014

15728

16442

24293

31200

41108

Notes :
1) Projects monthly performance cost will be the basis for
Client payment
2) Monthly equal cost basis is assumed

15

Project Cash Flow Forecasting

No

Cashflow Forecasting - EPCI Project

Cash inflow (incl 20% profit)

- Cash receipt from Client - 1 month credit
(based on project's monthly progress)
Cash outflow (incl profit)
a) Project Management
b) Engineering
c) Material
Low grade steel
CS piping material
Duplex piping
Valves, SP items
Vessels, Pump, Tank s
Safety equipment
E/I and Telecom equipment
E/I and Telecom bulk s material

Project Cost

Project's Monthly Cashflow

1

756
756
1008
1512
1890
252
1386
378

10

11

12

13

14

15

531

531

1497

3392

2636

2258

1774

1680

714

714

714

7851

6908

9908

-131

-131

-131

-131

-131

-131

-131

-131

-131

-131

-131

-131

-131

-131

-400

-400

-400

-400

-400

-400

30% order,
d 40% on site,
i
30% commissioning

-756
756
-756
-1008

-454

-605

-454

-567

-756

-567

-252
-277 2
-277.2

-693
-76

d) Fabrication

f) HUC

-583

-583

-113
-583

-583

-583

Net Project Cashflow (in x1000 USD)

-583

-583
-360

20% order, 50% on site,

30% commissioning
50% mob/demob, 50%
installation complete

18780
1550

-9390

-9390
-1550

One month credit

from Vessel Owner

3000

Monthly Cash Inflow (in x1000 USD)

Monthly Cash Outflow (in x1000 USD)

-583

360

e) Transportation and Installation

DP Vessel
Boat, barge, vessel and tug service

-416

-189
-583

Loadout and seafastening

One month after

Pre-Comm

-3000

531

531

1497

3392

2636

2258

1774

1680

714

714

714

7851

6908

9908

-531

-1829

-1363

-1870

-1366

-1303

-3776

-714

-714

-2264

-10104

-10104

-2042

-3131

-1298

134

1523

1271

956

-2001

966

-1550

-9390

-2253

4866

6777

Project Cash Flow Profile

8000
6777
6000
4866
4000

2000

1523

0
0

966

956

134

0
1

1271

4
-1298

0
5

-2000

9
-2001

10

11

12

13

-1550
-2253

-4000

-6000

-8000
-9390

-10000

Ordinate axis : in thousand USD

-12000

14

15

16

Project Major Risk Register

1) Integrity and condition of existing facilities (EWHP)
2) Sub-standard FEED deliverables from Client
3) Inadequate integration between OTM Ltd and
Sub-Contractors
4) Delay
D l iin completion
l ti off AFC d
deliverables
li
bl (t
(to
start fabrication) and Long Lead items (material
within 6 months delivery). Also delay in delivery
of Client Supplied Material (i.e primary steel)
p
and sub5)) Limited resources for manpower
contractors
6) Lack of cash in month 12 during project
execution

Conclusion and Way Forward

To seek OTM Board of Directors Endorsement to execute
EPCIC project based on following proposal :
1) Proposed project execution plan or method statement
2) Proposed Organization Chart
3) Proposed Project Schedule
41 108 400
4) Proposed Project Cost of USD 41,108,400
5) Twenty (20) percent profit margin
6) Financial funding in month 12 based on forecasted
project cash flow analysis

Thank You

Backupp Slides

Procurement Cost
Vendor
V d A vs Vendor
V d B
Item

Description

1
2
3
4
5
6
7
8

Lowgradesteel
CSPipingmaterials
DuplexPiping
E&I and Telecom equipment
E&IandTelecomequipment
E&IandTelecombulksmaterials
Vessels,Pumps,Tanks
Valves,SPItems
SafetyEquipment
Total

Item

Description

Price

Leadtime
Month(s)

600,000
600,000
800,000
1 000 000
1,000,000
300,000
1,500,000
1,000,000
200,000
6,000,000

Price

1
2
3
4

Lowgradesteel
CSPipingmaterials
DuplexPiping
E&I and Telecom equipment
E&IandTelecomequipment

700,000
700,000
1,000,000
1 000 000
1,000,000

5
6
7

E&IandTelecombulksmaterials
Vessels,Pumps,Tanks
Valves,SPItems

300,000
1,500,000
1,000,000

SafetyEquipment
Total

200,000
6,400,000

1
2
6
8
4
6
8
3

Term
CIFFabYard
CIFFabYard
CIFFabYard
CIF Fab Yard
CIFFabYard
CIFFabYard
CIFFabYard
CIFFabYard
CIFFabYard

Leadtime
Month(s)
h( )

Term

1
2
6

CIFFabYard
CIFFabYard
CIFFabYard

6
4
6

ExWork
CIFFabYard
CIFFabYard

1,100,000

6
3

ExWork
CIFFabYard

1,200,000
,
,

CIF Fab
yard
ard Price

Fabrication Cost
MT

MH/MT

MH

USD/MH

USD

Topside Steel

350

150

52 500
52,500

20

1 050 000
1,050,000

Mech/Piping

150

300

45,000

20

900,000

E/I

100

400

40,000

20

800,000

Jacket

700

80

56 000
56,000

20

1 120 000
1,120,000

1,000

20

20,000

20

400,000

Piles/Conductors

2,300

213,500

4,270,000

T and I Cost

DerrickLayBarge(DLB)
Opt1:8pointmooring,comeswith2AHTs,noSATsystem
5MMUSDLumpSummob/demob(onto/fromSite)
250,000USD/dayDayRate
PipelayRate:1km/day
JacketInstallation7days
Pile/ConductorInstallation7days
TopsidesInstallation3days
PostinstalledRiserInstallation4days
PipelineHydrotest2days
p
DLBspeed3knots
Opt2:DPVessel,withSATsystem
6.2MMUSDLumpSummob/demob(onto/fromSite)
300,000USD/dayDayRate
PipelayRate:2km/day
JacketInstallation6days
Pil /C d t I t ll ti 7 d
Pile/ConductorInstallation7days
TopsidesInstallation2days
PostinstalledRiserInstallation3days
SubseaTiein2dayseachend
PipelineHydrotest2days
DPspeed3knots
DiverSupportVessel(DSV)DP2,withROVandSATsystem
2MMUSDLumpSummob/demob(onto/fromSite)
150,000USD/dayDayRate
SubseaTiein4daysbothends
PipelineHydrotest2days

Unit Price (USD)

Day

USD
5,000,000

250,000
15

3,750,000

1,750,000

1,750,000

750,000

1,000,000

500,000

38

14,500,000
,
,
6,200,000

300,000
7.5

2,250,000

6.0

1,800,000

70
7.0

2 100 000
2,100,000

2.0

600,000

3.0

900,000

4.0

1,200,000

2.0

600,000

32

15,650,000
2,000,000

150,000
4
2

600,000
300,000
2 900 000
2,900,000

Barge&TugareonlyavailableinJurong,Singapore
BareBargeTowSpeed5knots
BargewithfullloadTowSpeed3knots
Dayrateat18,000USD/day

Barge for pipeline

15

270,000

Barge for jacket & piles

18,000

30

540,000

Barge for topsides and deck

19

extension

CrewBoat&SupplyBoatareonlyavailableinSingapore
Dayrateat10,000USD/day
AverageSpeed10knots

Remark

Supply boat

342,000
1,152,000
-

10,000

14

140,000

Total Installation Cost in USD =

16,942,000

Selected