Note 1 - Beerenberg

Management report
The business in 2012
Beerenberg’s core operations are primarily aimed at the
maintenance and modifications market. Framework conditions
for the industry are undergoing significant change. The
demand for innovation, increased maintenance efficiency
and standardised operating models has increased as a result
of an ageing platform fleet and increased demand for cost
efficiency, safety and installation integrity.
Production by operator
Production by 5 000
4 500
4 000
3 500
Thousand boe/d
Majors Statoil Others
In the period 2007 (1st generation) to 2010 (2nd generation)
Beerenberg developed a system for integrated operation (IO/
OPC) that fulfils the above-mentioned objectives for its entire
portfolio of assignments. The results in terms of continuous
improvement in key areas such as HSE, quality, maintenance
efficiency and consistency have been significant. The results
underpin the positive trend that the company is currently
experiencing. In 2012 Beerenberg focused on further developing
its standardised project implementation model into a 3rd
generation concept (3GS) with a view to ensuring that robust
and transparent deliveries to clients remain the company’s
main competitive advantage. ConocoPhillips’ co-operation
model and Statoil’s A-standard philosophy have been important
sources of inspiration in this development project. The
company’s 3GS philosophy will be institutionalised in the
second quarter of 2013.
Technology development continues to be a main area of
focus for Beerenberg. R&D projects focusing on making
continuous improvements to HSE/Q processes and on
increased cost efficiency are spearheading the drive to boost
the company’s competitive edge. We seek to undertake R&D
in close co-operation with clients, partners and suppliers.
Throughout 2012 Beerenberg significantly expanded its
portfolio and turnover of patented in-house solutions. In
2013 attention will be focused on developing automated
methods for monitoring corrosion under insulation (CUI).
Major operators, partners and representatives from public
sector research institutions have been invited to participate
in the process.
Beerenberg’s focus on skills and management development
programmes is embedded in the company’s corporate
culture. Beerenberg is an operations-based company, and
its competitive edge is created at the sharp end. In practice,
3 000
2 500
2 000
1 500
1 000
500
-
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Source: Rystad Energy UCubev
refining the company’s skills base means increasing the
company’s competitiveness. At the start of 2013, around
180 managers were participating in the company’s 2-year
development programmes for managers, and next year
around 800 Beerenberg employees will have taken part in
programmes designed by the company’s course and training
department.
The petroleum industry on the Norwegian Continental
Shelf is dominated by Statoil, which holds significant market
shares. Statoil was once again Beerenberg’s largest client
in 2012 with assignments both onshore and offshore and
involving both straightforward maintenance work and
consolidated engineering, materials and maintenance
contracts. ConocoPhillips was Beerenberg’s second major
client in 2012. Beerenberg operates the Fabric Maintenance
agreement at Greater Ekofisk (a total of 19 installations) under
a consolidated engineering, materials and construction
contract. In 2013 this structure will be significantly affected
by the extensive assignments awarded to ExxonMobil and
Shell-operated onshore and offshore installations. FMC
Technologies, SBM Offshore, Kværner, Aibel, Reinertsen
and FRAMO are other major clients in Beerenberg’s client
portfolio.
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