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By :
Bilal Shari
INTERNATIONAL PETROLEUM INVESTMENT
COMPANY United Arab Emirates
Energy in the UAE, Abu Dhabi
• UAE is the world’s third largest exporter of crude oil
• Abu Dhabi is the capital and the second largest city of the UAE
• Abu Dhabi alone generated 56.7% of the GDP of the country.
IPIC in Brief• The company known by ADNOC Abu
Dhabi National Oil Company.
• formed and headquartered by the government of Abu Dhabi in 1984.
• IPIC seeks to maximize long-term shareholder value
• Creating economic development opportunities for the benefit of the people off Abu Dhabi.
3Potential Projects
Dolphin Project - Seabed Gas Pipeline
• The project aim to imports LNG
• Distance of 410 kilometres pipeline from Qatar to the UAE
• It’s a major cross-border energy deal between Gulf countries.
• It will free up Abu Dhabi’s gas for crude oil recovery and export.
Pipeline between Habshan – Fujairah
• The project began in Habshan in Abu Dhabi, which is a gathering point oil produced.
• The pipeline aim to deliver about 1.5 million barrels per day
• A distance of 360 kilometres from Habshan to Fujairah oil Hub to export.
Distribution IT unit between Abu Dhabi – Fujairah Motorway
• Providing the Motorway customers with cheap and unleaded fuel.
• Build 4 giant tanks with the latest IT features to keep the retailers up to date
• treading system in
corporation with cisco.
Habshan – Fujairah Pipeline , WHY?
• Carrying 1.5 million barrels, 1.7 times more of the U.A.E‘s daily exports.
• At present time 14 oil tankers carry 35% of the world’s oil through the Strait of Hormuz .
• The pipe line will help reduce congestion at Strait of Hormuz.
Habshan – Fujairah Pipeline , WHY?• Reduce the traffic as the path is
very narrow 25km sea border.
• Positive impact on the environment and sea pollution. • Reducing the tankers and
transportation cost .
• Reducing the security risks from any IRANI attack.
KSA
IRAN
UAEOMAN
THE GULF
Strait of
Hormuz
QATAR
Habshan
Fujairah
HabshanMasafi
Stage 1: 30km Habshan to Swihan
Oil Field
Abu Dhabi
Swihean
wadi SijiFujairah
12
3
4
The project stages, costs and distance
Stage Description Distance km Cost $bn
Stage 1
Semi-Desert ( Habshan-Swiehan ) 30 0.5
Stage 2
Desert ( Swihan - Masafi) 230 1.3
Stage 3
Mountains (Masafi- wadi Siji) 55 0.9
Stage 4
Coastal Plain ( Wadi Siji - Fujairah) 45 0.3
Total cost $3bn
Stage 1
30km
Habshan Oil field
Swihan pumping station Start Aug
2013 Ends Dec 2015
458 Days
Estimated Constrains
External and internal Constrains
Project risks
Currency fluctuation Suppliers and materials delivery
Workers absence.
The weather as a major impact Construction Errors
Financial figures
Year Inflow Outflow Net flow
A B C D = (B-C)2013 0 0.5 -0.52014 0 1.3 -1.32015 0 0.9 -0.92016 1.95 1.952017 1.95 0.15 1.82018 2.45 2.452019 2.45 0.15 2.3
TOTAL
9
3 5.8
M&D
M&D
$$$
Financial figures
Average Annual Profit = Total Gain - Total
Cost / Years = 0.4
ROI = Average Annual Profit / Initial Investment = 0.13
Recourse / Budget Plan
43%
35%
20%
2%
CNPCVan OordMafraq ZoneM&D
Category
Supplier Budget
Construction CNPC China $215m
Materials Van Oord $175mLabours Mafraq Zone $91m
Transportation Mafraq Zone $ 8m
M&D IPIC $11m
Scope Management
Phase 1 - Plan the route Phase 2 - Preparing the land Phase 3 - Site Performance Phase 4 - Install the Pipes Phase 5 - Injection station
The project Gantts chart
Objectives & Goals
Our team can deliver the project earlier by shifting the Task 14 (Install pumps and compressors) to the back and to start after Task 13 (connecting the pipes) in two weeks , which is 50 day to the back so that’s give the following :
Early Finish
50 / 458 x 100% = 10.9 % earlier
Loss of 2 Key workers
Objectives & Goals
•Outsourcing •Replace the payment from the three contractors :1. CNPC2. Van Oord 3. Mafraq Industrial
Zone
THANK YOU