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Dhahran Globalfor Oil, Gas, & Petrochemicals Services
Dhahran Globalfor Oil, Gas, & Petrochemicals Services
November 17, 2005
2
AgendaAgenda
1. DG Company Overview1. DG Company Overview
2. Working Together2. Working Together
3. DG Company Activities3. DG Company Activities
4. Partnership4. Partnership
4. Summary4. Summary
3
DG Company Overview
4
• Dhahran Global (DG) is a Saudi company owned by H. R. H. Office and licensed to:– Performs industrial and commercial business
activities – Forms partnerships, joint ventures, and
sponsor agency services– Establishes subsidiaries
DG Company Overview
5
• Dhahran Global (DG) serves the following sectors:
– Oil, gas, and petrochemical industries
– Drilling and workover services
– Construction, building, and maintenance
– Health, safety, and security services
DG Company Overview
6
Synergy & Growth
DistributionDistribution&&
ServicesServices
Petro-Petro-chemicalschemicals
TrainingTraining&&
TechnologyTechnology
Oil Oil &&
GasGas
DG Company Overview
7
Vision To become a global company that provides the oil and gas and the petrochemical industries with supreme services
Vision To become a global company that provides the oil and gas and the petrochemical industries with supreme services
MissionTo perform oil and gas and petrochemical services via forming partnerships, joint ventures, and sponsoring agency services, and establishing subsidiaries
DG Company Overview
8
HRH PrinceHRH Prince
OfficeOffice
HRH PrinceHRH Prince
OfficeOffice
Vice PresidentDG
Vice PresidentDG
Manager
Administration & Training
Manager
Administration & Training
Associated Consultants &
Advisors
Associated Consultants &
Advisors
DG Company Structure
Manager Technical & Operations
Manager Technical & Operations
Supporting Staff
Supporting Staff
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Technology
People Globalization
RAISING THE BAR ON PERFORMANCE
Time
Money
DG Company ObjectiveDG Company Objective
10
Managing Cultural Differences
Managing Cultural Differences
11
From Transactional …From Transactional …
12
To Strategic FocusTo Strategic Focus
13
• H.R.H. Office support, influence, and services
• Direct partnership at projects
• Possibility of finance
• Organized work and activities
• Systematic approach
• Continuity and growth
What Can We Offer
14
• Synergy• Between H.R.H. Office and DG Company • Between DG Company and its partners• Between DG Company’s activities
• Growth• In investment and ROI• In DG Company’s size towards a global level• In knowledge, experience, and relations
Team work
Synergy and Growth
15
• Internal experiences and knowledge
• Varied and integrated experiences
• Experiences at demand
• Cumulative experiences (>500 years)
What Can We Offer
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• Commitment to excellence
• Long term partnership
• Transfer of technology
• Cooping with industry standards:– High quality works– Meeting schedules (deadlines)– Safety– Competitive offers
What We Expect
17
DG Company ActivitiesDG Company Activities
• Seismic and exploration activities• Drilling & Workover• Oil & Gas production• Petrochemical services• Construction/building services• Importing spare parts and equipment for
oil & gas industry• Well and pipelines maintenance• Petroleum storages construction and
maintenance• Offshore maintenance
18
• Operate plants, refineries, and pump stations• Construct and operate fuel stations in cities
and highways in a modern manner as in USA and Europe
• Provide services for airplanes refueling• Transport and distribute fuels• Provide consultation at all oil and gas areas• Ensure safety oil and gas facilities and utilities• Industrial security • Health, Safety, and Environment• Well control and blowout prevention• Training and Human Resource Development
DG Company Activities
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H.R.HOffice
Giant Business
Opportunities
OutstandingPartners
DhahranGlobal
SuccessfulProjects
DG Overview
20
World OutlookWorld Outlook
North and South America internally driven growth
China & India Demand
growth engine
Middle EastNew dominant
production region
Asia PacificMoving from local to regional market focus
EuropeAdjusting to remain
competitive
Japan Restructuring to focus on niche
market
21Source: EIA International Energy Outlook 2004
World Marketed Energy Consumption
0
50
100
150
200
250
1970 1980 1990 2000 2010 2020
2001
ProjectionsHistory
Projected %
in 2025
Oil 39%
Nat Gas 25%
Coal 23%
Renewables 8%
Nuclear 5%
World Energy DemandWorld Energy Demand
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Oil Reserves and Production - Middle East
Oil Reserves and Production - Middle East
Source: BP Statistical Report 2003 & Douglas-Westwood – World Oil Supply 2003-2050
0
2
4
6
8
10
1970 1980 1990 2000 2010 2020 2030
Year of Peak Oil Production
Cur
rent
Oil
Prod
uctio
n, M
bbl/d
USA
RussiaSaudiArabia
Iran
UAE
Venezuela
Iraq
KuwaitNigeria
Norway Mexico
UK
Indonesia
CanadaChina
Libya
Algeria
Kazakhstan
Brazil
Bubble size represents remaining oil reserves in MMbbl
Source: BP Statistical Review, Douglas-Westwood
23
Regional Workload
Outlook
2005-2010
Regional Workload
Outlook
2005-2010
24
Gulf Region Projects OutlookGulf Region Projects Outlook
130
9580
4635
15 10 10$0
$20
$40
$60
$80
$100
$120
$140
Val
ue
($B
illio
n)
SaudiArabia
UAE Iran Qatar Kuwait Iraq Bahrain Oman
2005-2010 Projects2005-2010 ProjectsProjects greater than $200 millionProjects greater than $200 million
Total: $ 421 Billions Total: $ 421 Billions
25
Gulf Region Projects OutlookGulf Region Projects Outlook
Engineering WorkloadEngineering Workload
0
20
40
60
80
100
2004 2005 2006 2007 2008 2009 2010
Mil
lio
n M
anh
ou
rs
533 MM Hours
111 MM Hours
26
Gulf Region Projects OutlookGulf Region Projects Outlook
Construction WorkloadConstruction Workload
0.00
0.20
0.40
0.60
0.80
1.00
1.20
1.40
1.60
1.80
2.00
2004 2005 2006 2007 2008 2009 2010
Bil
lio
n M
anh
ou
rs
2.00 Billion Hours
10 Billion Hours
27
Overview of Saudi EconomyOverview of Saudi Economy
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Future Outlook
Saudi Arabia’s Oil Reserves
300,000 Million Barrels
Average Production
10 Million Barrels / Day
How Long Would it Last?
82 Years
29
The ChallengeThe Challenge
• Project Finance Requirements in
Saudi Arabia:
– USD 1.5BN (2003)
– USD 4.8BN (2004)
– USD 21BN (2005-07)
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Sustained High Oil RevenuesSustained High Oil Revenues
• Current prices driven by demand strength, not supply crisis
• Global “growth surprise” continues in 2005!
• To meet demand:– Saudi capacity and production to grow
steadily for first time in 30 years
– Meaning continued $100+ billion/year in oil revenues
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Saudi Aramco OpportunitiesSaudi Aramco Opportunities
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Saudi Aramco Projects OutlookSaudi Aramco Projects OutlookEngineering WorkloadEngineering Workload
0
2
4
6
8
10
12
14
16
2004 2005 2006 2007 2008 2009 2010
Mil
lio
n M
anh
ou
rs
Saudi Aramco
14 MM Hours
58.5 MM Hours
33
Saudi Aramco Projects OutlookSaudi Aramco Projects OutlookConstruction WorkloadConstruction Workload
0.00
0.20
0.40
2004 2005 2006 2007 2008 2009 2010
Bil
lio
n M
anh
ou
rs
Saudi Aramco
340 MM Hours
1.36 Billion Hours
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Chemical and Petrochemical Opportunities
Chemical and Petrochemical Opportunities
35
US$ 20 BIL
YEAR 2004
YEAR 2020 TARGET
US$ 100 BIL
Sales (Billion US$)
Time
Chemical/Petrochemical Sales Outlook - Worldwide
36
Jubail 2Business Opportunities
Jubail 2Business Opportunities
37
FEEDSTOCKPRIMARY
INDUSTRY
SECONDARY
INDUSTRY
1,288 MMSCFD of
Methane
38 Million TPY Petrochemicals
554,000 TPY Petrochemicals
354 MMSCFD of Ethane 4.1 Million TPY Steel 500,000 TPY Steel Products
139,000 bbl / day of Propane
14.1 Million TPY Refined
Products
175,000 TPY Float Glass
75,000 bbl / day of Butane
73,000 bbl / day of Natural Gasoline
320,000 bbl / day of
Crude Oil
Jubail TodayJubail Today
38
Jubail 2 - Mega Project
JUBAIL 2
JUBAIL 2
RESIDENTIAL AREA
KING FAHD
INDUSTRIAL PORT
JUBAIL COMMERCIAL PORT
JUBAIL 1
JUBAIL 1
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SOLID QUAY
SERVICE QUAY
PETROCHEMICALSTORAGE
AREA
STORAGE
AREA
54
36
QUAY 2
37
34
35
31
32
33
Jubail Industrial Port Expansion
40
Jubail 2 - Stages
STAGESAREA (KM2)
GOVERNMENT INVESTMENT (SR BILLION)
PRIVATE INVESTMENT (SR BILLION)
COMPLETION DATE
NO. OF INDUSTRIES
PRODUCTION CAPACITY
(KTPY)
TOTAL 62 14 210 25 49,000
1ST 19 5 72 2007 9 24,000
2ND 10 3.3 33 2010 4 5,000
3RD 10 3.0 37 2015 3 8,000
4TH 23 2.7 68 2020 9 12,000
41
• Feasibility Studies and Engineering were completed
• Stage 1: Construction in progress
• Stages 2, 3 & 4: are in initial Design
Jubail 2 - Mega Project:New Industrial Area Status
Early access for Investors in 2006
42
FEEDSTOCKPRIMARY
INDUSTRY
SECONDARY
INDUSTRY
1,288 MMSCFD of
Methane
38 Million TPY Petrochemicals
554,000 TPY Petrochemicals
354 MMSCFD of Ethane 4.1 Million TPY Steel 500,000 TPY Steel Products
139,000 bbl / day of Propane
14.1 Million TPY Refined
Products
175,000 TPY Float Glass
75,000 bbl / day of Butane
73,000 bbl / day of Natural Gasoline
320,000 bbl / day of
Crude Oil
Jubail TodayJubail Today
43
Isopropanol Amino Resins Soft Film Products
Plastic Additives Sodium Sulfate Glass Fibre
Bisphenol Phenolic Resins Aerated Blocks
Polyacetal ResinsResorcinol from
BenzeneEpoxy Resins
Steel Sections Polyethylene Glycol Plastic Boards
Urea Formaldehyde Caustic Soda Solid Steel Pipes
Hexamine Float Glass Spring Wire
Melamine Polyurethane Wall Coverings
Super Plasticizers Stretch Film Ethanol Amines
Polyether Polyol Rigid Film Products Phosphoric Acid
Jubail 2 - Opportunities in Secondary Industries
44
Methanol Polyethylene Ethylene
Acetic Acid Styrene Ethyl Acetate
Maleic Anhydride PVC Vinyl Acetate Monomer
Butanediol Ethanol Vinyl Chloride Monomer
Propylene Polystyrene Acrylonitrile
Polypropylene Ammonia Cumeme
Ethylene Glycol Urea Phenol
Benzene N-Paraffin Cyclohexane
Ethylene Dichloride
Linear Alkyl Benzene Ethylene Oxide
Jubail 2 - Opportunities in Primary Industries
45
Thank You
Dhahran Globalfor Oil, Gas, & Petrochemicals Services
Dhahran Globalfor Oil, Gas, & Petrochemicals Services
November 17, 2005
