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Company presentation

Company presentation. Østensjø Rederi AS. A leading provider of offshore marine services to the global oil and gas industry Established in 1974 by sole owner Johannes Østensjø Based in Haugesund, Norway About 600 skilled employees (50 onshore )

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Company presentation

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  1. Company presentation

  2. Østensjø Rederi AS • A leading provider of offshore marine services to the global oil and gas industry • Established in 1974 by sole owner Johannes Østensjø • Based in Haugesund, Norway • About 600 skilledemployees (50 onshore) • Solid balancewith 2012 revenueof NOK 1250m and EBITDA of NOK 365m

  3. Operates within three segments Terminal & Tug Services Offshore Services AccommodationServices 15 Tugs 6 Mooring launches 1 Newbuild 4 Light Construction vessels 4 PSVs 1 Newbuild Edda Fides, mono hull accommodation vessel 1 + 1 newbuild

  4. Terminal & Tug services • Østensjø Rederi has provided • Terminal services since 1985 • Towage • Pollution control • Fire-fighting • Mooring operations • Tanker escort • Operations at oil and gas terminals in UK, Ireland and Norway • A total of 22 tugs and ancillary crafts in operation

  5. Alex (1995) Phenix (2007) Asterix (2001) Obelix (2007) Max (2007) Apex (2008) Tugs Statoil, Sture Shell, Nyhamna Esso, Fawley Spot Whitegate, Cork Vivax (2008) Ajax (2000) Bantry Bay Thorax (1993) Silex (1994) Tenax (2006) Thrax (1994) Velox (2005) Vortex (2010) Lomax (2012) Fox (1988) Rex (1988) Felix (1995) Ibex (1993)

  6. Offshore services • Østensjø Rederi has always been on the forefront of PSV design and Operation • Edda-vessels are acknowledged in the market • Long track record • Several innovative solutions that have become industry standards • Involved in many subsea areas • ROV/survey • Cable lay • Trenching • Heavy lift and module handling • Scale squeeze • A total of 9 vessels in segment • 1 newbuild • Subsea services • Est. DeepOcean in 1999 (sold 2008) • Established DeepWell in 2006

  7. Edda Fram (2007) Offshore vessels Edda Frigg (1997) Edda Ferd (2013) Edda Sprint (1991) Edda Frende ( 2009) Edda Fonn (2003) Edda Flora (2008) Edda Fauna (2008) Edda Fjord (2002) Edda Fides( 2011) Edda TBN (2016) Edda TBN (2015)

  8. Edda Accommodation • Provider of world classoffshore accommodation services • Successful experience with Edda Fjord • Edda Fides delivered March 2011 • Unique purpose built monohullaccommodation vessel • Highest HSE standards • Flexible solution for gangway • Low mob.-/demob. Cost • Reduced fuel cost • 1 newbuild being constructed at Hyundai Heavy Industries (Korea)

  9. Mindset • At Østensjø our minds have always been set on being at the forefront of development • Our main challenges are: • to reduce the environmental effect of our business • contributing to increased profitability for our clients • Our answer to these challenges can be found in the answer to three targets we’ve set for ourselves : • To produce power as efficiently as possible • To lower overall power consumption • Energy saving through knowledge

  10. Østensjø Rederi clients

  11. www.ostensjo.no

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