Fred. Olsen Windbase. Presenter: David Matthews, Fred. Olsen Windcarrier UK General Manager Contact:

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1 Fred. Olsen Windbase Presenter: David Matthews, Fred. Olsen Windcarrier UK General Manager Contact:

2 Background for Fred. Olsen Windbase Offshore wind must increase health and safety The offshore wind market must reduce operational costs Focus on minimising lost income caused by turbine downtime requires higher accessibility of the turbines and more working hours per year per wind farm Focus on reduced OPEX HeliPort complement SOVs and Fred. Olsen Windbase operations Phased Fred. Olsen Windbase rollout Project scope of supply can vary to reduce CAPEX costs Visit: Flexible Solutions Easy to Install and Removable Utilising Well Known Technology

3 Projects Greater than 90 minutes from shore 64 (47%) of the projects that are suitable for Universal Foundation are located more than 90 minutes from shore (at speeds between knots). 84% of these projects are located in Germany. Of the 7 countries included in the research, only 3 have wind farms that are further than 90 minutes from shore. 12 of the 64 projects have been granted consent. 8 in Germany 3 in the United Kingdom 1 in the Netherlands Projects with Suitable Travel Time by Country 2% 14% Germany Netherlands United Kingdom 84%

4 Discuss the Competition and Trends Horns Rev Global Tech I Dan Tysk Gemini Race Bank Bard 1

5 Fred. Olsen Windbase Concept Question: If your project is under 90 mins from shore what vessels would you use? We bring the project to the O&M base! New projects over 90 mins from the O&M base have limited vessel options today 1hr 2hr 3hr 1 Now Fred. Olsen Windbase allows proven access systems to be used far from shore Or we bring the O&M base to the project!

6 Fred. Olsen Windbase.creates opportunity SOVs or converted PSVs with a walk to work system (W2W) Pros Sea keeping and accessibility to WTG using W2W Cons Distribution of failures over a large area and teams waiting to disembark Helicopters Pros Fast to outlying failures with great weather windows Cons Expensive to operate and requires offshore refuelling Large CTVs Pros Proven, fast, affordable, can stay offshore, distributed teams Cons Sea keeping, accommodation, transferring Today wind farms use CTVs to transfer thousands of technicians. CTVs have been discounted due to the distance from shore. Fred. Olsen Windbase reopens there use today providing a place to work from offshore and to provide accommodation.

7 Fred. Olsen HeliPort HeliPort is a standalone facility targeting projects where an SOV decision has been taken and can be the first phase of a long term plan to introduce a full Fred. Olsen Windbase Fred. Olsen Windbase to support SOV = Heliport HeliPort Refuelling helicopter inside wind farm Delivery of personnel and ad hoc spares to an offshore Fred. Olsen Windbase or SOV Supports SOV operations in poor weather SOV landing platforms for W2W Powered by the wind farm with back up generators Boat landings for CTV access

8 Flexible and Scaleable Step 1: Fred. Olsen HeliPort Step 2: Fred. Olsen Windbase Step 2: Fred. Olsen Windbase with OSS

9 Fred. Olsen Windbase: Site specific design and logistic spread Fred. Olsen Windbase: Scope of Supply, Base Case Assumptons Item Info Scope of supply (base case) Service strategy Vessel launches from service base Working hours per day (technicians) Helicopter hours per year Tech rotation method Onshore operations Fred. Olsen Windbase includes a service base, large crane and Heliport. Fred. Olsen Windbase crew, employer provides power from substation, fuel for CTV and generators, WTG manpower and PPE, hard wired data connection, resupply vessel, helicopter and spares/tools required for WTG Year round unscheduled maintenance with ramp up in summer with the addition of manpower and additional vessels 8 per day 15 hours staggered through day 600hrs per year approx. EC135 type Manpower S92 helicopter, CTVs work 24/7 and resupply Fred. Olsen Windbase from shore Reporting, material management, accounting and HR Offshore operations conducted 24hr per day Number of Fred. Olsen Windbase CTV s Fred. Olsen Windbase technical availability 30 x WTG technicians 30 x WTG technicians in summer 15 x Fred. Olsen Windbase Crew (Including management team) 8 x client management team 90 PAX total Site specific 3 x 12 PAX (1.8m swh) Fred. Olsen Windbase will target 99% (no outages)

10 Time based availability 5 interventions per year/per WTG.80 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual HP/SOV/Heli+seas % 93.58% 94.20% 95.16% 96.94% 97.37% 97.68% 98.52% 96.93% 95.60% 94.71% 94.20% 95.70% WB/2PSV/Heli+seas % 97.03% 97.21% 97.75% 96.47% 97.35% 98.46% 98.49% 97.76% 97.40% 97.30% 97.00% 97.43% WB/3CTVs/Heli+seas % 97.39% 97.89% 98.35% 96.76% 97.34% 98.51% 98.57% 98.23% 97.92% 97.66% 97.15% 97.75% 10 interventions per year/per WTG

11 Summary When planning offshore wind farm O&M, the site and logistics must be thoroughly modelled and simulated The number of WTG, the area of the wind farm and the distance from shore are critical to the logistical set up Failures occur randomly across a site. The time to deploy and recover manpower is a key factor in the logistic set up Fred. Olsen Windbase provides localised support to wind farm activities Fred. Olsen Windbase means that CTVs can now be modelled as a solution Logistics will improve and evolve over time, no long term fixed charters Fred. Olsen Windbase reduces the risk of logistics volatility from Oil and Gas Fred. Olsen Windbase is provided on a lease and operate model for 15 to 25 years

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