1 / 21

AMEC Oil Sands Breakfast Briefing Peter Madden, President Oil Sands

AMEC Oil Sands Breakfast Briefing Peter Madden, President Oil Sands. 1 October 2010. Important information.

aran
Download Presentation

AMEC Oil Sands Breakfast Briefing Peter Madden, President Oil Sands

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. AMEC Oil Sands Breakfast BriefingPeter Madden, President Oil Sands 1 October 2010

  2. Important information Certain statements in this presentation are forward looking statements. By their nature, forward looking statements involve a number of risks, uncertainties or assumptions that could cause actual results or events to differ materially from those expressed or implied by the forward looking statements. These risks, uncertainties or assumptions could adversely affect the outcome and financial effects of the plans and events described herein. Forward looking statements contained in this presentation regarding past trends or activities should not be taken as representation that such trends or activities will continue in the future. You should not place undue reliance on forward looking statements, which apply only as of the date of this presentation. This presentation does not constitute or form part of any offer or invitation to sell, or any solicitation of any offer to purchase any shares in the Company, nor shall it or any part of it or the fact of its distribution form the basis of, or be relied on in connection with, any contract or commitment or investment decisions relating thereto, nor does it constitute a recommendation regarding the shares of the Company. Past performance cannot be relied upon as a guide to future performance.

  3. Agenda • AMEC capability • Market trends and developments • Future Technology and Improvements AMEC capability Market trends Improvements

  4. AMEC’s people Our Oil Sands business employs some 2,000 people 2009 headcount AMEC capability Market trends Improvements

  5. Total recordable incident rate comparison AMEC is striving for beyond zero performance levels AMEC’s safety performance is a differentiator • * Alberta Workers Compensation Board 2008, LTI & RWI only • ** OGP 2008 Survey AMEC capability Market trends Improvements

  6. Health, safety, security and environment (HSSE) is fundamental at AMEC Management systems Protecting our work force Our vision of what we need to do to achieve sustainable, world-class HSSE performance throughout our global operations Beyond Zero AMEC capability Market trends Improvements

  7. AMEC strengths in the oil sands Design, delivery & specialist consultancy across extraction and production spectrum • Engineering & procurement services • Process, ore prep and utilities are designed using state of the art systems supported by a worldwide procurement network • Study services • From mine planning and design through DBM and EDS (FEED) packages Environmental Services Environmental permitting, geotechnical design, waste water treatment, reclamation and tailings • Project & construction management • Construction planning from contract strategy, constructability through work packages, estimating progress and quality management at site all with an emphasis on HSSE Asset management Plan start-up and commissioning, operator training and in-plant engineering services AMEC capability Market trends Improvements

  8. AMEC has both mineable and in-situ capability Leading market positions • Conventional (mineable) • Involved in world’s first commercial oil sands mine in 1967 • Helped build biggest oil sands mine (Mildred Lake) • Worked on virtually every major mineable oil sands development since 1991 • Non-conventional (in-situ) • AMEC BDR 30+ years oil sands processing experience • Particularly in-situ technologies and deep reserve extraction • steam assisted gravitational drain (SAGD) • cyclic steam stimulation (CSS) thermal recovery AMEC capability Market trends Improvements

  9. AMEC expertise built up over time Involved in virtually all major projects since 1991 1991 2010 AMEC capability Market trends Improvements

  10. Major resources in comparatively small and remote area AMEC capability Market trends Improvements

  11. The oil sands market is expected to grow Production forecast to increase to 2.9m bbl/day by 2020 Source: CAPP – Crude Oil Forecast, Markets & Pipeline Expansions, June 2010 AMEC capability Market trends Improvements

  12. Workshare reduces pressure on local resources Leveraging AMEC - common tools and processes Imperial Oil: Kearl Project Scope: EPCM services for Phase 1, which is designed to deliver 100,000bpd (production 2012) 3 Phases to project – facility could ultimately produce 300,000 bpd Major AMEC Project • Natural Resources • Power & Process • Earth & Environmental Involves 3 divisions Calgary: overall project management / controls / systems Leveraging our resources Houston • Product pipelines • River water pipelines • Associated pipelines Vancouver • Ore prep • Slurry prep • Hydrotransport • Mine Maintenance • Basal H2O System Calgary • Extraction • Froth Treatment • Tailings • Civil Works • Buildings Oakville • Steam plant • Water treatment facilities • Power AMEC capability Market trends Improvements

  13. Cold Flow Low capital investment Only works well where the oil (bitumen) is fluid enough Recovery is only 5-10% 80% of the oil sands resource is more than 200 feet deep Shift to in-situ recovery - improving technology AMEC capability Market trends Improvements

  14. Shift to in-situ recovery - improving technology Cyclic Steam Stimulation (CSS) • Recovery rate: 20-25% Steam-assisted Gravity Drainage (SAGD) • Recovery rate: up to 60% LP HP Source: Canadian Centre for Energy Information 2009 AMEC capability Market trends Improvements

  15. Future in-situ recovery – improving technology Toe to Heel Air Injection (THAI) • Lower capital costs • Minimal usage of natural gas and water • Potential to be utilized in deep heavy oil resources • 80% recovery expected Vapor Extraction Process (VAPEX) • Solvent injected into oil sands resulting in significant viscosity reduction • Expensive injection fluid (propane) • Lower energy costs • Potential for in situ upgrading and application to thin reservoirs • Limited field-testing AMEC capability Market trends Improvements

  16. Improving Technology - tailings management Improving technology – Earth & Environmental AMEC capability Market trends Improvements

  17. Improving technology Improving Technology– energy usage AMEC capability Market trends Improvements

  18. AMEC Oil Sands Breakfast BriefingAppendix

  19. Biography

  20. Mineable oil sands 20 per cent of the oil sands resource is less than 200 feet deep

  21. Life cycle environmental services • AMEC Earth & Environmental provides complete concept-to-closure services from initial assessment of baseline conditions, through design and permitting, operation, reclamation and closure • Industry leaders in waste management technologies • Geotechnical engineering • Tailing management • Human environmental services • Environmental permitting assistance and management • Regulatory support

More Related