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Opportunity Day The 1 st Quarter of 2009 Performance Wednesday 27 May 2009. 1 st Quarter 2009 Operating Performance. Comparison with same period of last year. TRC ’s Projects on Hand as of 31 March 2009. TRC ’s Projects on Hand as of 31 March 2009.
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Opportunity Day The 1st Quarter of 2009 Performance Wednesday 27 May 2009
SKW’s Projects on Hand as of 31 March 2009 1st Qtr Backlog Conclusion + Oman Project 800 M (60% of USD 38 Million) 2,095 MB
Projects from Project Development and Investment Division 7
Cambodia: Stung Meteuk • EGAT meeting on Power Development Plan and Power Purchase Program from Neighboring Countries • Negotiating with foreign investors, MoU is expected in a very near future
Business Partner: CloughClough Highlight: Full Project Life Cycle Solutions Capability • JV Agreement is expected to be signed early of June • The newly established JV company will lever TRC’s capability to venture to a new business segment (off-shore platform / off-shore piping) where margin is higher and competitors are less • Many opportunities in Thailand’s neighbor countries such as M-9 field in Myanmar, where PTTEP is the owner and the operation is expected to commence soon 10
Oman: Petrogas Rima Project • Scope of work: • Engineering, Procurement, Construction, Load out, Transportation, and Hook-up of Production Flow Lines and Water Injection Flow Lines for Rima Satellites Small fields • Total of drilling well 72 wells • Distance between site 10-30 km. • Contract value is USD 38 million
Namibia: Desalination Plant in Swakopmund region • TRC and its Thai strategic partner as well as strategic Namibia partner formed a strong consortium to pursue this opportunity • It is official that the consortium is short-listed (pre-qualified) to submit a full proposal in September ‘09 • The desalination plant has a proposed capacity of 25 ml per day with full expansion of 80 ml per day utilizing R-O technology