New Brunswick Building and Construction Trades Council 2014 Conference. Presenter. David Simon Construction and Turnaround Manager Irving Oil

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1 Welcome New Brunswick Building and Construction Trades Council 2014 Conference Presenter David Simon Construction and Turnaround Manager Irving Oil

2 Who We Are - Irving Oil Irving Oil is a private refining and marketing company, employing approximately 3,000 people in Atlantic Canada, Quebec, and New England The refinery opened in 1960 on a 780-acre site and has been upgraded throughout the years, including a $1.5 billion upgrade project in With a workforce of 1,500, we operate the largest refinery, not only in Canada, but also along the Eastern seaboard. Our company has a long history of forming mutually beneficial partnerships to leverage each other s strengths and build lasting relationships.

3 Who We Are - Irving Oil Refinery Canada s largest refinery, producing over 300,000 bpd of finished energy products. Refine products for our wholesale and retail markets (gasoline, diesel, heating oil, jet fuel, propane, asphalt and bunker). Export over 80 per cent of production to the U.S (75 % of Canada's gasoline exports to the U.S. and 19 % of US gasoline imports).

4 Discussion Who We Are - Irving Canaport First of its kind in the western hemisphere when opened in Situated in the Bay of Fundy at the entrance of the Saint John harbour, an ice-free, year round location, 60 miles from the US border. Only port between Halifax and Louisiana able to handle supertanker cargoes. Covers 1,802 acres and has a water depth of 128 feet at low tide.

5 Irving Oil Overview Over 900 retail sites serving customers throughout Atlantic Canada, Quebec, Ontario and New England. Heating oil, propane and diesel to residential and commercial customers with over 1 million deliveries every year. Liquefied natural gas receiving terminal, Canaport LNG, capacity to supply 20% of natural gas demand in US Northeast and Canadian Maritimes.

6 Forecasts - Refinery Sustaining Maintenance Communication Regular meetings with building and construction trade representatives Forecast of scope, schedule, hours and required personnel Discussion of issues that need to be focused on Looking ahead (2015) Ongoing annual maintenance Projects 300 personnel $50 million

7 Refinery Turnarounds Large Turnaround Scopes Fall 2014 Fall 2015 Fall day schedule 60 day schedule 40 day schedule 650 workforce 2,000 workforce 2,000 workforce 450,000 workforce hours 1,000,000 workforce hours 1,000,000 workforce hours

8 REFINERY Sustaining Capital personnel $200 million

9 Canaport Crude Pipeline Project Canaport Energy East Marine Terminal (preliminary drawings) 50/50 Joint Venture with Irving Oil& TransCanada - $300 million Investment We continue to work to see that the benefits this project promises are realized here in Atlantic Canada, and for all Canadians.

10 Upcoming Projects and Investments Tier III Gasoline Preparing to meet 10ppm standard ( ) Major investment in refinery required Assessing options on timing and transition

11 Energy East Pipeline The new marine terminal will cost $300 million, create hundreds of jobs during construction. We will operate the new Marine Terminal on behalf of Irving / TransCanada joint venture and it will be located next to our existing Canaport terminal.

12 Energy East Pipeline Canaport Energy East Marine Terminal (preliminary drawings) 50/50 Joint Venture with Irving Oil & TransCanada - $300 million Investment Benefits: Increasing opportunities for major future investments in Atlantic Canada Access to lower-cost mid-continent crude oil Creation of high quality jobs Refinery configuration post pipeline

13 Upcoming Projects and Investments We have added nine new stores during the first half of this year and we will continue to build many more additional high quality retail sites.

14 Upcoming Projects and Investments Irving Oil ventured into the delivered natural gas business this year with the completion of our first compressed natural gas station near Lincoln, NB. AV Nacawic CertainTeed, McAdam Connors, Blacks Harbour Michelin, Waterville & Bridgewater Amalgamated Dairies (ADL), Summerside Acadia University, Wolfville McCain s, Florenceville

15 Environment, Health & Safety With a workforce of 1,500 people and thousands of neighbours in the community where we operate, we are committed to safe and environmentally responsible operations day and night.

16 Environment, Health & Safety Environment Social Responsibility Household Hazardous Waste Program Commitment to Community Local Schools Program Operation Cleanup Reducing air emissions Reduce/Reuse/Compost Open House/Neighbour Day Health Tobacco-free Workplace Fresh Fruit Program Weight-loss Program Educational Sessions Health Profile Assessments Physical Activity Challenges Blood Donor Clinics Wellness Open House New Fitness / Wellness Facility Health Consultations Work Injury Treatment Flu Vaccines Safety At work - At home Personal Commitment 1500 people attended Safety 24/7 Workshop Alcohol and Drug Policy Safety Programs Medical Response Team Fire Brigade

17 Thank You New Brunswick Building and Construction Trades Council 2014 Conference

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