Terra Nova Development

Transcription

1 Canada-Newfundland and Labradr Industrial Benefits Public Quarterly Reprt April 01, 2013 June 30, 2013

2 Table f Cntents Sectin 1.0 Intrductin... 3 Sectin 2.0 Prject Activity and Benefits Accmplishments... 4 Sectin 3.0 Emplyment... 5 Sectin 4.0 Canadian-Newfundland and Labradr Cntent... 7 Sectin 5.0 Cntracting and Prcurement... 8 Sectin 6.0 Cnclusin... 9

3 Sectin 1.0 Intrductin The Terra Nva Oil Field is situated n the Grand Banks, abut 350 kilmeters east-sutheast f St. Jhn s, Newfundland, and 35 kilmeters sutheast f the Hibernia Oil Field. The Terra Nva field is cmprised f a cmbinatin f prducing wells, as well as water injectin and gas injectin wells, and delivers prductin frm the Graben, East Flank and Far East blcks. Discvered in 1984, the field was the secnd t be develped ff Newfundland. Prductin frm the field began in 2002, thrugh the use f a Flating, Prductin, Strage and Offlading (FPSO) vessel. This was the first develpment in Nrth America t use FPSO technlgy in a harsh weather envirnment. The FPSO is a ship-shaped vessel which has integrated il strage capability frm which il is ffladed int a shuttle tanker. The strage capacity f the Terra Nva FPSO is 960,000 barrels f il with accmmdatins fr up t 120 persnnel while prducing. The vessel is meters lng, 45.5 meters wide and stands higher than 18 streys. Terra Nva pre-prductin capital expenditures were apprximately $2.8 billin. The FPSO arrived in field n August 21, 2001 and prduced first il in January Suncr Energy, as peratr f Terra Nva, is cmmitted t enhancing pprtunities fr the peple f the prvince thrugh participatin in the Terra Nva Develpment. A lasting ecnmic legacy is being created fr the prvince thrugh Suncr s recruitment and training f lcal talent, its prvisin f full and fair pprtunity t lcal businesses, and by giving first cnsideratin t lcally prduced gds and services within the prvince, where thse gds and services are deemed cmpetitive. The fllwing represents Suncr s Industrial Benefits Public Reprt fr the quarter ending June 30, This secnd quarter public reprt prvides a summary f activities related t the prductin phase f the Terra Nva prject carried ut by Suncr and its majr sub-cntractrs. 3

4 Sectin 2.0 Prject Activity and Benefits Accmplishments Suncr achieved a number f milestnes during the secnd quarter f Sme f these highlights and achievements include: peratinal and capital expenditures fr the Terra Nva prject ttaled apprximately $185 millin, 67% f which was spent in Newfundland and Labradr (NL) and the ther prvinces and territries f Canada. 57% was spent in NL, and 10% was spent in the ther prvinces and territries f Canada. a ttal f 1,711 purchase rders valued at $20.7 millin were issued, 1,333 f which were awarded t vendrs with a NL lcatin r anther Canadian lcatin. Apprximately $16.8 millin (81%) was spent in Canada including NL. $11.9 millin in purchase rders awarded t NL lcatins (57%), and $4.9 millin in purchase rders awarded t ther Canadian lcatins (24%). a ttal f 1,358 peple wrking n the Terra Nva prject by the end f June 30, 2013, 1,300 (96%) were residents f Canada including NL. 1,226 r apprximately 90% were residents f Newfundland and Labradr, and 74 r apprximately 6% were residents f ther Canadian prvinces r territries. 4

5 Sectin 3.0 Emplyment As f June 30, 2013, a ttal f 1,358 peple were wrking n the Terra Nva develpment. Of the 1,358 ttal, 1,226 r apprximately 90% were residents f NL, while anther 74 r apprximately 6% were residents f ther regins f Canada at the time f hiring (Table 3.1). Of the Newfundland and Labradr residents, 637 emplyees wrked nshre, 571 wrked ffshre, and 18 wrked utside f Newfundland. Of the residents frm ther Canadian prvinces and territries, 27 wrked nshre, 45 wrked ffshre, and 2 wrked utside f Newfundland. (Table 3.2). Table 3.1 Ttal Emplyment Summary Terra Nva Prject Direct Emplyment (Ttal Number f Persns) Newfundland and Labradr Residents (%) Other Canadians (OC) (%) Nn-Canadians (NC) (%) 1,358 90% 6% 4% Table 3.2 Emplyment Summary by Lcatin Terra Nva Prject Ttal Number f Persns Lcatin Residency Status Gender Ttal NL OC NC Male Female Onshre Offshre Other Ttal: 1,358 Of the 1,358 emplyees supprting the Terra Nva develpment, 1,158 were male and 200 were female r apprximately 15% f the ttal wrkfrce (Table 3.3). Table 3.3 als breaks dwn the emplyment summary by discipline, which includes management, administratin, engineers, technicians, prfessinals, skilled trades wrkers, labur wrkers, students and thers that d nt fit in ne f these 5

6 categries. The disciplines that are the mst male-dminated are the ther categry (largely represented by marine crew), the skilled trades, and labur categries- representing 96%, 98%, and 90% male respectively, while the discipline that is the mst female-dminated is administratin at 75% female. Table 3.3 Emplyment Summary by Discipline Terra Nva Prject Number f Persns Discipline Male % Female % Ttal Number f Persns Management % 19 15% 127 Administratin 24 25% 71 75% 95 Engineers 72 81% 17 19% 89 Technicians % 23 13% 173 Prfessinals 87 74% 31 26% 118 Skilled Trades % 9 2% 463 Labur % 12 10% 115 Students 25 65% 13 35% 38 Other % 5 4% 140 Ttals: 1, ,358 Ntes: 1. Disciplines are based n the fllwing Natinal Occupatinal Classificatin (NOC) Cdes: Management includes: Senir Managers as well as Middle & Other Managers Administratin includes: Administrative & Sr. Clerical Persnnel as well as Clerical Persnnel Engineers includes: nly thse in that NOC Cde Technicians includes: Semi-prfessinals & Technicians Prfessinals includes: nly thse in that NOC Cde Skilled Trades includes: Skilled Crafts & Trades as well as Skilled Trades & Service Labur includes: Semi-Skilled Manual Wrkers, Other Manual Wrkers as well as Intermediate Sales & Service 2. Students includes: any student enrlled at a recgnized educatinal institutin r accredited academic prgram and includes bth graduate and undergraduate students, cadets r any ther student. 3. Other includes: psitins that d nt fit int any f the ther disciplines. 6

7 Sectin 4.0 Canadian-Newfundland and Labradr Cntent The fllwing table is intended t reflect the benefit distributin frm Terra Nva cash expenditures. Table 4.1 summarizes the cntent distributin f these perating and capital cash expenditures fr the perid being reprted by Newfundland and Labradr, ther Canadian and nn-canadian spending. Table 4.1 Canadian-Newfundland and Labradr Cntent Terra Nva Prject - Operating and Capital cash expenditures Reprting Perid Newfundland and Labradr (%) Cntent Other Canadian (%) Nn-Canadian (%) This Quarter: Year t Date (YTD): Prject Cumulative(since prductin started in 2002): The expenditure cntent percentages fr the secnd quarter ending n June 30, 2013 were 57%, 10% and 33% fr Newfundland and Labradr, ther Canadian and nn-canadian spending, respectively. 7

8 Sectin 5.0 Cntracting and Prcurement A ttal f 3 new cntracts having a value f apprximately $36.9 millin were awarded during the perid April 01, 2013 t June 30, Table 5.1 New Cntracting Activity Terra Nva Prject Descriptin Cntractr Lcatin Cntractr (NL, Other Canadian, Nn- Canadian) Light Interventin Vessel & Services Helix Well Ops (UK) Ltd. Nn-Canadian FPSO Benchmarking McKinsey and Cmpany Canadian Supply f Drill Bits Schlumberger Canada Limited. Canadian 8

9 A ttal f 1,711 purchase rders with a cumulative value f apprximately $20.7 millin were awarded during the secnd quarter f Apprximately $16.8 millin, (81%) was spent in Canada including NL. Figure 5.1 summarizes the distributin f spend assciated with all purchase rders acrss lcatins. Figure Purchase Orders (Percentage f Participatin n a Value Basis) Quarter 2, 2013 Ttal Value f Purchase Orders: $20.7 millin 19% 24% 57% NL Based Vendrs Other Canadian Vendrs Nn-Canadian Vendrs Sectin 6.0 Cnclusin Suncr Energy is cmmitted t enhancing its lcal Industrial Benefits in supprt f its cmmitment t ecnmic prsperity, scial well-being and a healthy envirnment ecnmic fr the peple and the prvince f Newfundland and Labradr. Thrughut Terra Nva s life-f-field, Suncr Energy will be creating a lasting ecnmic legacy that will benefit the peple f the prvince. 9