Group Introduction

Contents

1.  ICARE Overview

2.  Capabilities, Services & Partners

3.  Why ICARE?

4.  References
ICARE Overview
ü  ICARE at a Glance
ü  Global Coverage
ü  Sectors of Expertise
ICARE at a Glance

Business Overview Major Clients

n  ICARE Group is a full-cycle EPCM service

provider for the Power, Chemicals and Oil & Gas
sectors, operating in the following areas of
activity:
•  Consulting & Advisory
•  Project Development, Financing &
Commodity Trading
•  Engineering Services, EPC & PMC
•  Procurement Solutions & Services
•  IT and Cyber Security Solutions

n  Headquartered in Switzerland, the Group counts

a workforce of circa 650 in our offices or
delivery centres world-wide

n  With more than 1000 relevant references in Oil

& Gas, Chemicals, Energy and Environmental
Projects, the Group provides a depth of
experience applied to all new projects

4
Global Coverage

§  ICARE Group has workforce of circa 650 world-wide.

§  ICARE combines expert engineering and procurement services , strategic and financial advise with central
and local project management to clients’ needs.
§  Service solutions are supported by innovative working processes and new technology solutions.

ICARE Global Delivery Centres

Headquarters
Commodity Trading
Engineering & Projects
Multidisciplinary Services
Procurement Services Centre covering all
project phases ICARE Group is
Technical Support Services headquartered in Engineering Services, EPC
Switzerland and PMC for Oil, Gas and
Energy projects across
Middle East and Lebanon

Project Delivery Teams and

Procurement Support Services
Power Projects supporting our clients in Asia,
Management supporting our clients in Asia
in PMC and PMT activities.

Multidisciplinary Engineering and

Multidisciplinary Engineering,
procurement and construction
Oil & Gas Operations Centre
supporting our clients in
South America
project management services Engineering and
covering all project phases Procurement services
Multidisciplinary Engineering
Operations Center
Multidisciplinary Engineering,
Procurement and Project
management services supporting
our clients in the Middle East
5
 Sectors of Expertise

Mining &
Oil & Gas Power Water Minerals Other

§  Seismic
§  Reservoir engineering
§  Well site Operations
§  Geophysical data
processing
§  Production Facilities
§  Gas Compression
§  Pipelines
§  Refining
§  Petrochemicals
§  Fertilizers
§  Olefins, aromatics
§  Power Plants §  Water production §  Metals §  Cyber Security
§  Cogeneration §  Water & Commodities §  Product traceability
§  Combined Cycle Wastewater §  Minerals §  Project Finance
Treatment Commodities § 
§  Waste-to-Energy
§  Phosphate mining
Smart metering
§  Flue Gas Treatment §  Trading
§  Hydropower
§  Renewable energy

6
ICARE Capabilities
ü  ICARE Capabilities
ü  Partners
ü  Services
Capabilities Overview

§  Engineering Experts in Delivery Centres World-Wide

Engineering §  Supply Chain Management, Procurement and Logistics

Experts
Specialist Teams with experience from Oil & Gas and
Power Equipment
Procurement &
Cost Management
§  Financial Expertise on Project Investment and
Strategy, Financial Advisory & Commodity Trading
ICARE Commodity Trading

§  Customer Specific IT & Cyber Security Solutions

Group IT Solution
Development
§  Specialists in Process and Safety in Oil & Gas and
Power
Cost Estimation &
Risk Management
§  Specialists in class V to class II Cost Estimation
Project Management
and Control, Project
Execution and EPC
§  Construction & Commissioning

§  Contract Management

§  Project Management and Control experience

ICARE Group has acquired a number of blue-chip engineering companies in recent years. This has further
enlarged and enriched our levels of resource and we are proud to include the following brands in our
complete portfolio of capabilities and capacity offerings:

ICARE
Power Systems

ICARE
Mining & Minerals
ICARE
Procurement Services
ICARE
Energy Development
8
Partners

ICARE has partnerships with a number of globally recognized companies that support the
delivery of our projects.

Consulting, Trading
& Procurement Technical Partners

9
Services Overview
Strategic, Financing Advisory & Commodity
Trading
ICARE demonstrates an excellent track record in
financing infrastructure investments, and covers:
-  Strategy advisory services
-  Investor identification and funding strategy
-  Export credit
-  Commodity Trading and Structured Trade Finance
PMC
ICARE offers full PMC and PMT capabilities to ensure
the Safe and Successful Execution of clients’
projects.
ICARE PMC/PMT supports clients to achieve their
investment objectives and to deliver their projects
from the project initiation to the operational phases.
EPC
ICARE delivers full EPC projects (Environmental
studies, Engineering, Procurement, Construction,
Commissioning) meeting client’s Scope and
Specifications meeting requirements for:
-  Safety
-  Quality
-  Timely Delivery
-  Cost
Product traceability
Full Qualitative and quantitative product traceability :
-  Non destructible and non re-injectable DNA marker
-  Zero impact on product specification
-  Zero Impact on environment
-  Total control over production and distribution chain
Procurement Services
ICARE provides procurement strategy, supply chain
management and logistics solutions including:
-  Global Supplier Sourcing & Qualification
-  Supply Risk & Cost Reduction
-  Cost Management & Procurement Effectiveness
-  Equipment Purchasing
-  Inspection, Expediting & Logistics services
Cost Estimation & Management / Risk Control
ICARE can provide experienced personnel to support
project managers in the areas such as:
-  Planning/Scheduling, Cost & Change Control
-  Risk management
-  Cost estimation reviews
-  Benchmarking
Project Development & Engineering Services
Full project development services covering:
-  Conceptual studies
-  Initial feasibility study
-  Basic and FEED studies with associated relevant
cost estimates (CAPEX/OPEX)
Cyber Security
ICARE, has partnered with several State of the art
Cyber Security vendors to provide the one of the
world’s best holistic cyber defense solution for
Utility companies:
-  Technology
-  Processes
10
-  People Training
Lean Engineering Design, EPC, PMC

Innovative and lean engineering driven projects in the upstream, downstream and
petrochemical industry

n  Front End Engineering, Estimating

n  Detail Engineering Design

n  Site Support, Procurement

n  Design & Build, Construction Management

n  Design & Construction Safety Management

n  Project Completion

n  Recognized PMC and EPC references 200 references in

petrochemicals

11
Cost & Risk Management Service

ICARE has developed a set of proprietary capabilities, processes, tools and databases that
form the basis of our Cost & Risk Management Service (CRIMAS®) – A guaranteed cost
reduction service without compromising quality and delivery.

Service Components Results

n  Cost Estimation Reviews n  Cost Reduction of at least 30% of the
Total Cost of Acquisition (TQA) of
n  Detailed Equipment & Services Benchmarking Goods and Services

n  Direct negotiation support with 3rd Party n  Cost Reduction of 20-40% on Projects
Engineering / EPC Contractors Estimation studies

n  Low Cost Country Supplier Sourcing, including
technical inspections, evaluation and
qualification
n  Global Qualified Supplier Database of Goods &
S e r v i c e s ( R o t a r y, S t a t i c , E l e c t r i c a l ,
Instrumentation & Control, Chemicals &
Catalysts)
n  Increase in speed of Final Investment
Decision (FID) and Execution Strategy
process, due to cost reduction and
shortened timing
n  Guaranteed results, our revenues are
dependent on it

n  Supply Management Service: Procurement

execution, just-in-time delivery, inventory and
shipment tracking & handling
12
Procurement Supplier Qualification

ICARE Group has developed a unique capability for global supplier sourcing (identification, evaluation
and qualification), and has developed a powerful qualified supplier database client solution

Category Prioritization Methodology for Alternative Suppliers Supplier Evaluation & Qualification Process

1 2
Spend vs. Criticality Sourcing Prioritisation Supplier Yes
completes Complete? Agree to
Supplier Ts&Cs
High High RFI

No Site Visit
Evaluation
$ Spend/ High Item Priority Target
Cost Priority Categories /
Suppliers Site Visit
Team
Detailed
Site Visit
Planning

Low Follow up
with Request For
suppliers Information
High Low Data database Evaluated
Send detailed Site Visit Suppliers and
Criticality / Low Gathering Request For Data Equipment
Team Information
Change Impact collection coverage
High Low to suppliers
-  Locations Supplier
-  Critical Prioritis-
Switching items
Match to
ation Equipment
complexity
Register
Yes Supplier
in SAP
Qualification Define Does No
supplier
Evaluation shortlist
supplier Perform Passed?
require site Evaluation
Team Yes
Data Acquisition Architecture -  From
Phase 1
visit?
- 
- 
Criteria
Model
Notify
supplier
No -  RFI data
-  Site visit data

website New Pre-qual

Supplier
By Invitation
Supplier
Qualified Supplier Database

3 4
Only

Supplier Site Visit Supplier

Evaluation
Covering all major Oil & Gas categories
Intelligence
Team
Teams
Team Covering over 25 countries
Registration Qualification

Suppliers Pre-Qualification Table

Regist-
Suppliers Pre-Qualification Table

Scoring Table: 1 to 5 (1 = lowest ; 5 = highest)

Scoring Table: 1 to 5 (1 = lowest ; 5 = highest) Scoring
Exceeds all requirements 5 Scoring
Exceeds most requirements 4
Meets requirements 3

Exceeds all requirements 5

Qualification Supplier
Does not meet requirements 2
1

Site Visit
Unacceptable

Pass or Activity Scoring Exceeds most requirements 4

ration
Supplier Number Overall Score Fail 1 2 3

1 100.0
( >= 70 )

Pass
2%
2.0
8%
8.0
8%
8.0
Meets requirements 3
2
3
4
0.0
0.0
0.0
Fail
Fail
Fail
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Does not meet requirements 2
5
6
0.0
0.0
Fail
Fail
0.0
0.0
0.0
0.0
0.0
0.0 Unacceptable 1

Identification Data Evaluation

1 2 3

Evaluation
Weighting Weighted Weighted Weighted
Item No Activity Max. Score Raw Score Raw Score Raw Score

or Activity Scoring
(%) Score Score Score

Direct disqualification criteria

Pass

Data
1.1 Corporate existence 2% 5 2.0 5 0.0 0.0 Supplier Number Overall Score Fail 1 2 3
Minimum 5 years in business 2% 5 2.0 5 0.0 0.0

1.2 Independence
Previous bankruptcy , receivership, restructuring
( >= 70 ) 2% 8% 8%
Affiliates to a US group
Depends on US technology/patent 2% 5 2.0 5 0.0 0.0

Model
1.3…. Compatibility
2%
2%
2%
5
5
5
2.0
2.0
2.0
5
5
5
0.0
0.0
0.0
0.0
0.0
0.0
1 100.0 Pass 2.0 8.0 8.0

Forms
2 0.0 Fail 0.0 0.0 0.0
Proven adaptability to PDVSA system 8% 20 8.0 0.0 0.0
.Previous utilization in similar operations……………

Important criteria 2% 5 2.0 5 0.0 0.0 3 0.0 Fail 0.0 0.0 0.0
2% 5 2.0 5 0.0 0.0
Company Structure /Financials
1
Size; turnover
2%
2%
5
5
2.0
2.0
5
5
0.0
0.0
0.0
0.0 4 0.0 Fail 0.0 0.0 0.0
Financial statements;audits? Strength of balance sheet. Cash flow 8% 20 8.0 0.0 0.0
Ownership………………………………………………………………………………..
Number of employees/engineers ……………………………………………………..
5 0.0 Fail 0.0 0.0 0.0
Subtotal:
2 Manufacturing/engineering capabilities
Size /capacity of factories in m2
3%
3%
5
5
3.0
3.0
5
5
0.0
0.0
0.0
0.0
6 0.0 Fail 0.0 0.0 0.0
Number of factories; countries of manufacturing 3% 5 3.0 5 0.0 0.0
Design engineering capability 3% 5 3.0 5 0.0 0.0
Engineering design toools 12% 20 12.0 0.0 0.0
Subtotal:

1 2 3

Weighting Weighted Weighted Weighted

Item No Activity Max. Score Raw Score Raw Score Raw Score
(%) Score Score Score

Direct disqualification criteria

1.1 Corporate existence 2% 5 2.0 5 0.0 0.0

Minimum 5 years in business 2% 5 2.0 5 0.0 0.0
Previous bankruptcy , receivership, restructuring

Download
Independence

Download Upload
1.2

Upload
Affiliates to a US group
Depends on US technology/patent 2% 5 2.0 5 0.0 0.0
2% 5 2.0 5 0.0 0.0
2% 5 2.0 5 0.0 0.0
1.3…. Compatibility 2% 5 2.0 5 0.0 0.0
Proven adaptability to PDVSA system 8% 20 8.0 0.0 0.0
.Previous utilization in similar operations……………

Important criteria 2% 5 2.0 5 0.0 0.0

2% 5 2.0 5 0.0 0.0
1 Company Structure /Financials 2% 5 2.0 5 0.0 0.0
Size; turnover 2% 5 2.0 5 0.0 0.0
Financial statements;audits? Strength of balance sheet. Cash flow 8% 20 8.0 0.0 0.0
Ownership………………………………………………………………………………..
Number of employees/engineers ……………………………………………………..
Subtotal:
2 Manufacturing/engineering capabilities 3% 5 3.0 5 0.0 0.0
Size /capacity of factories in m2 3% 5 3.0 5 0.0 0.0
Number of factories; countries of manufacturing 3% 5 3.0 5 0.0 0.0
Design engineering capability 3% 5 3.0 5 0.0 0.0
Engineering design toools 12% 20 12.0 0.0 0.0
Subtotal:

Supplier Supplier Supplier

Client Supplier Detailed Site Visit Evaluation
Access Contact Qualification Data Scores Data
Data Data
-  Web
Access
-  View Qualified Supplier Database
-  Report

Qualification
Decision
13
Cyber Security
Problem Statement
Contents
§  Global Geopolitical tensions are on the rise
§  Political Violence
§  Rebellion, Strikes, Riots, Activist groups
§  Terrorism and Sabotage
§  Estimated cost of Cyber attacks against
infrastructures globally expected to reach 445
Billion US$.
§  Energy firms get rejected by Insurers due to
weak cyber-defense or refuse to cover cyber
attacks as they can’t assess it properly.
§  Utilities have no guidelines as to what
contractors are allowed to do as part of plant
maintenance. Supply Chain issues.
§  Oil, Gas and Utilities are prime target as their
Operational Systems were not design to be
protected against Cyber Security.
§  Most companies are not as organised around
Cyber. But Hackers are.
What do we propose
§  ICARE has partnered with the world’s best cyber
defense solutions focusing on Operational
Technologies.
§  The 4 key strategies to focus on are:
1.  Industrial Network visibility utilizing SCADA
probes capable of understanding the topology
of the industrial Network and it’s behavior.
2.  Vendor Security: 3rd Party goods and services
providers are a major source of potential entry
points for Cyber Attacks. A systematic
approach to Supplier Classification, Security
Vetting, and Policies & Procedures is required
to maintain your security shield in tact.
3.  Cyber Training: We also provide a multi-
sectorial cyber training facility, which
effectively duplicates your relevant working
environment processes.
4.  Cyber Intelligence allows you to understand
Hacker intentions, methodology and moves.
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IT Tools & Software Solutions

Cost Estimation & Cost Management Software Solutions Procurement Software Solutions
Standard and customised benchmarking and cost estimation/cost management applications Global Supplier RFQ/RFP/RFI/RFT – online supplier platforms
Supplier Database

Suppliers Pre-Qualification Table

Scoring Table: 1 to 5 (1 = lowest ; 5 = highest) Scoring
Exceeds all requirements 5
Exceeds most requirements 4
Meets requirements 3
Does not meet requirements 2
Unacceptable 1

Pass or Activity Scoring

Supplier Number Overall Score Fail 1 2 3
( >= 70 ) 2% 8% 8%
1 100.0 Pass 2.0 8.0 8.0
2 0.0 Fail 0.0 0.0 0.0
3 0.0 Fail 0.0 0.0 0.0
4 0.0 Fail 0.0 0.0 0.0
5 0.0 Fail 0.0 0.0 0.0
6 0.0 Fail 0.0 0.0 0.0

1 2 3

Weighting Weighted Weighted Weighted

Item No Activity Max. Score Raw Score Raw Score Raw Score
(%) Score Score Score

Direct disqualification criteria

1.1 Corporate existence 2% 5 2.0 5 0.0 0.0

Minimum 5 years in business 2% 5 2.0 5 0.0 0.0
Previous bankruptcy , receivership, restructuring
1.2 Independence
Affiliates to a US group
Depends on US technology/patent 2% 5 2.0 5 0.0 0.0
2% 5 2.0 5 0.0 0.0
2% 5 2.0 5 0.0 0.0
1.3…. Compatibility 2% 5 2.0 5 0.0 0.0
Proven adaptability to PDVSA system 8% 20 8.0 0.0 0.0
.Previous utilization in similar operations……………

Important criteria 2% 5 2.0 5 0.0 0.0

2% 5 2.0 5 0.0 0.0
1 Company Structure /Financials 2% 5 2.0 5 0.0 0.0
Size; turnover 2% 5 2.0 5 0.0 0.0
Financial statements;audits? Strength of balance sheet. Cash flow 8% 20 8.0 0.0 0.0
Ownership………………………………………………………………………………..
Number of employees/engineers ……………………………………………………..
Subtotal:
2 Manufacturing/engineering capabilities 3% 5 3.0 5 0.0 0.0
Size /capacity of factories in m2 3% 5 3.0 5 0.0 0.0
Number of factories; countries of manufacturing 3% 5 3.0 5 0.0 0.0
Design engineering capability 3% 5 3.0 5 0.0 0.0
Engineering design toools 12% 20 12.0 0.0 0.0
Subtotal:

Engineering Delivery & Management Software and Tools

PROCESS ELECTRICAL CIVIL&STRUCTURAL INSTRUMENTATION MECHANICAL PIPING/STRESS CAD4 PROJECT4CONTROL DATABASE REMOTE
HYSIS SKM'PowerTools Foundation'3D SmartPlant'Intrumentation'(INTOOLS) PVELite Caesar'II PDS' Microsoft'Project Oracle CITRIX
PROII ETAP DSAnchor InstruCalc Etank FEPipe PDMS' Primavera SQL
HTRI Groundmat Combined'3D PipePlus AutoCad
AFT''Impulse Visual'Lighting MAT'3D NozzlePro Microstation
ChemCAD AmpCalc Staad Isogen 'SmartPlant
SP'P&ID LitePro MathCAD 'Cadworx
Cadworx'P&ID Calculux Descon'Brace 'NavisWorks

Visual DesconWin
CEAG SAP2000
TraceCalc®'Pro
CalcWare

15
Product Traceability

Product traceability has become a major concern as Governments and oil companies face
growing threats of fuel theft and tax evasion. Strategies focused on reducing losses are
often ineffective and costly. Greater efficiencies and savings can achieved by implementing
qualitative as well as quantitative product tracing

MEXTAG ® is a synthetic DNA designed to allow the traceability of Crude Oil, Gasoil,
Gasoline, Fuel jet and other Streams

n  Injection of low quantities of Active product tracer during the

refining process allowing a unique DNA marking

n  Low quantities injection needed (ppm)

n  The Tracer is non destructible and non re-injectable leaving no room
for any manipulation or alteration of the product.

n  No environmental impact

n  No impact on the product specifications

n  Total control over production quantities throughout the supply and
distribution chain. Pipeline Leakage control can be analysed via
remote data capture sensors.

16
Strategy and Financing Advisory
ICARE Group provides a broad range of Financing solutions and Advisory Services to specific projects. As such,
ICARE Group can provide project support through arranging structured trade finance approaches to fund
projects with offtake agreements.

In order to ensure the continued growth of our partners, ICARE Group is supporting a strong investment
program through several downstream projects based on storage facilities and distribution networks.

•  Crude and petroleum product storage tank farms

•  Refinery maintenance and turnaround programs

•  Loading terminals

With ICARE Group’s involvement with several strategic

and large-scale storage projects, as well as extensive
knowledge of refineries around the world and their
operating range, the Group is active in the midstream
sector in key strategic geographies, providing insight
and commodity trading opportunities or needs.

ICARE Trading Division is the dedicated Group entity for all Commodity & Energy Trading and has developed a
full range of services to arrange trading, shipping and logistics of energy commodities. The division was
established by experienced leaders who held senior global positions with trading, shipping and investment
companies.

They bring a wealth of knowledge and expertise to operations, ensuring that the company delivers the best
possible solutions to its customers.

17
Commodity Trading

•  Our goal at ICARE Trading is to source high quality products from

key partners, such as African or Russian refineries and renowned
suppliers worldwide, handle logistics and transportation, and
finally deliver these products to local players, distributors, as well
as international trading companies.

•  ICARE Trading Division in Geneva is the base for an international

trading team supported by professional operations staff. They are
active in the trading, shipping and risk management of crude oil
and oil products including LPG, naphtha, gasoline, middle
distillates, VGO, fuel oil, bitumen and base oils.

•  Using insights gained from its position at the heart of global trading, ICARE has built on long-standing
relationships with trading partners and all key actors of the sector, from brokers to shipping operators to
independent trading houses, allowing to cover physical operations in Africa, Russia and Caspian, Caribbean
and Middle East regions.

•  Primarily focused on physical oil trading, the traders are in

constant touch with oil markets across the world. The trading
team actively hedges the exposure of the Group and its partners
by the use of futures quoted on international commodity
exchanges and derivatives such as swaps and options.

18
References
ü  Finance & Advisory
ü  Owner Advisory / PMC
ü  Oil & Gas Upstream
ü  Oil & Gas Downstream
ü  Power
ü  Petrochemicals
ü  Environmental Services
ü  Procurement Services
ü  Mining & Minerals
References – Currently in execution

Client: TOR Refinery Client: Turkish Petroleum Refineries

Corporation (Tüpraş)
Project: Expansion of CDU from 45’000
BPDS to 60’000 BPSD Project: 3 Refineries Flare System Revamp
Project
Project Type: PMC
Project Type: Study and Basic Engineering
Location: Ghana Services

Location: Turkey

Client: Sirius Energy

Client: Department of Energy Affairs,
Botswana Project: 2 Storage terminals with a capacity
of 4,1 mil. Barrels in 31 tanks, Jetty and
Project: Bulk Strategic Petroleum Storage
Pipeline
Depot
Project Type: FEED
Project Type: EPC
Location: Mexico
Location: Botswana

Client: Al Barham Company Client: various

Project: Grass Roots 12’000 BPSD Gasoline Project: several active frame agreements for
Production Complex in Kirkuk consulting and engineering services in the
Energy Industry
Project Type: PMC
Project Type: Consulting and Engineering
Location: Iraq
Location: Iraq, UAE, Canada, Iran, Romania

20
References – Finance & Advisory
Example:)Jorf)Lasfar,)Morocco)
Project Finance Experience
Lenders(
' The(Project( Arrangers'
§  Shell - Refinery in the Philippines Owners( 1320MW'coal'fired'IPP' ABN'Amro,'BNP,'CSFB'
($1,483'million)' '
ABB'Equity'Ventures'
§  Essar - Refinery in India CMS'
Senior'coVArrangers'
ABB'SF,'Mediocredito'
'
§  Reliance - Refinery in India ($387'million)'
'
'ECAs'/'MDBs'
'
§  TAIF-NK - Nizhnekamsk and Perma (Surplus'cash'from''
ERG/USEXIM/SACE'
World'Bank'/'OPIC'
exisJng'operaJons'
Refineries revamps in Russia ($192'million)' ''
(Total'debt'$904'million)'
§  SCPI - Petrochemical complex in Iraq (ABB'SF'$120'million)'

§  Grasim Industries - Petrochemical Value&added(role:(

!  Financial'Advisor'
complex in India ! 
! 
Senior'Lender'
Sponsor'and'50%'Owner'

§  Gulf Canada/Talisman Energy - Gas

field development Example:)Azito,)Ivory)Coast)

§  ExxonMobil - Oso condensate field in

Owners( The(Project(
Nigeria
) Lenders(
140)MW)Gas)Fired)) Senior)Loans)
EDF)InternaBonal) Power)Project) IFC)AVB)Loan)
§  Total - 8th Bontang LNG train for ABB)Equity)Ventures)
Industrial)PromoBon)
) IFC)CDG)V)Club)Loan)
Pertamina in Indonesia Services)
($220)million)) IDA)PRG)Backed))
Cote)d’Ivoire) Commercial)Loan)
§  Sonangol Sinopec - Development of )
)
SubVDebt)
Block 18 (off-shore Angola) (Total)equity)$44k))
IFC)CVLoan)
)
(Surplus)cash)from)) CDC)CVLoan)
operaBons) )
(Total)Debt)$161)million))
($18)million))

Value&added(role:(
!  Developer,)sponsor,)financial)advisor) 21
!  Largest)Project)Financing)in)West)Africa,)since)debt)crisis)in)the)1980s.
References – Owner Advisory / PMC

Client: TOR Refinery Client: CIMV

Project: Expansion of CDU from 45’000 Project: Biofuels Pilot Plant
BPDS to 60’000 BPSD
Project Type: PMC
Project Type: PMC
Location: France
Location: Ghana

Client: confidential
Client: Sinovensa
Project: Investment program – cost savings
Project: Procurement management - Risk
identification
mitigation
Project Type: PMC – Cost estimate
Project Type: PMC – Procurement services
Location: South America
Location: China – Europe – South America

Client: YASREF – 400 000 bbd refinery Client: PDVSA

Project: Commissioning and Start-Up
Project Type: Owner advisory
Location: Saudi Arabia
Project: Cost Estimation study for the CPF
of Petro Carabobo in the Orinoco Oil Belt
Project Type: Cost estimate
Location: Venezuela

22
References – Procurement Services

Client: Oil and Gas Major

Client: Oil & Gas Major
Project: Global Supplier Qualification Programme
incl. development of RFI portal, database, Project: Construction of two compression
strategic supplier scoring criteria and a station of gas
comprehensive global technical site visit Project Type: Procurement for EPC
programme
Location: France
Project Type: Procurement

Location: Global

Client: Oil & Gas Major

Client: Oil & Gas Major
Project: Upstream and Downstream
Project: Critical Supply Study of Global
Equipment Benchmark Study. Development
market place covering client’s strategic
of Software Application for dynamic analysis
supply needs
of cost data
Project Type: Procurement
Project Type: Procurement
Location: Global
Location: Global

Client: Public Owner Client: Glass Factory

Project: Construction of a new airport and Project: Engineering for an oven of
revamping of old terminals production of bottle
Project Type: Procurement for EPC Project Type: Procurement for EPCM

Location: Mayotte Location: Argentina

23
References – Procurement Services

Client: Pharmaceutical Major

Client: Pharmaceutical Major
Project: Engineering for a line of manufacturing of
Project: Modification of production line for
medicine
generic drug manufacturing
Project Type: Procurement for EPCM
Project Type: Procurement for EPCM
Location: France
Location: France

Client: Glass Factory

Client: Oil & Gas Major
Project: Engineering for glass factory
Project: Major downstream facility. Procurement
principal supplying large equipment items and Project Type: Procurement for EPC
bulk sourced from EMEA and Far East including
Location: United Arab Emirates
full procure to pay activities

Project Type: Procurement

Location: Global

Client: Industrial factory

Client: Water processing factory
Project: Production factory of jacket for
Project: Line of bottling and process of plastic
marine wind turbine
injection
Project Type: Procurement for EPC
Project Type: Procurement for EPC
Location: France
Location: France

24
References – Refining – EPC Contracts

Throughout the world, ICARE Group has designed, built or revamped more than 500 Refining
units , including

n  Crude Oil & Vacuum n  “Prime G” Units

Distillation Units
n  Alkylation Units
n  FCC Catalytic Crackers
n  Isomerization Units
n  Hydro treating Units
n  Lube Oil Plants
n  Catalytic Reformers
n  Sulphur Recovery Plants
n  Hydrocrackers
n  Asphalt Units
n  LPG recovery units
n  Visbreaking
n  Product Sweetening Units
n  MTBE

25
References – Refining – EPC Contracts

TÜPRAS, Izmit refinery

ATMOSPHERIC & VACUUM DISTILLATION UNITS

Client : TÜPRAS
Location : Turkey

LSTK EPC - 60 MM USD

Manhours : 175 000

Project Description:

•  Capacity: from 14000 to 19000 m3/d (+35%)

•  Feedstock/product quality changed

•  New equipment : 102

•  Revamped equipment : 50

•  Main modifications: column internals, pumparounds,

preheat train, furnaces, piping

•  Shutdown time : 4/5 weeks

26
References – Refining – EPC Contracts

Polimex, Gdansk Refinery

NHT & CCR

Client : Polimex
Location : Poland

LSTK EPCM - 36 MM USD

Manhours : 85 000

Project Description :

Grassroots: NHT/CCR

•  4 stacked reactors

•  1 Packinox exchanger

Licensor : UOP
Capacity : 14 500 bpsd

27
References – Refining – EPC Contracts

CESKA RAFINERSKA, KRALUPY REFINERY

NEW 3 CUT SPLITTER & NHT REVAMP

Client : CESKA RAFINERSKA

Location : Czech Republic

Time schedule : 15 months

Manhours : 30 000 hours

EPC – LSTK : 8 MM €

Project Description :

•  New unit : 3 cut splitter - Gasoline from FCC

80.5 t/hr - Production of LCCG, Heart-cut and HCCG

•  NHT revamp : FCC heart-cut treatment

Total feed : 85 t/hr including SR naphtha and raffinate

2 (from MTBE unit)

28
References – Refining – EPC Contracts

TOTAL FINA ELF, Normandy Refinery

FCC REVAMP - CRACKER 4 MODERNIZATION

Client : TOTAL FINA ELF

Location : Gonfreville, France
2001 - 2002
Capacity : 306 t/hr (7063 t/day)
Mission : EPS - 20.000 hrs

Project Description :
•  Removal of reactor and regenerator internals
(“operation Meduse”) including cyclone
replacement.
•  Main fractionating column modification. Gas
plant modification.
•  Future Prime G unit integration (gasoline
desulfurization technology).

29
References – Refining – EPC Contracts

IES (ITALIANA ENERGIA E SERVIZI ) MANTOVA Refinery

MILD HYDROCRACKING UNIT (MHC)

Client : IES
Location : Mantova

Time schedule : 20 months

EPC – LSTK : 36,5 MM €

Project Description :

New MHC Unit in order to reduce the sulfur content to 50

ppm and produce light products from heavy vacuum and
atmospheric gas oil

Licensor : KBR

Technology : MAKFINING (Ultra deep HDS process)

Capacity : 1900 t/day

30
References – Refining – EPC Contracts

TOTAL, Normandy and Flandres Refineries

2 “PRIME G” UNITS

Client : TOTAL
Location : France

Time schedule : 15 Months

EPCM - 20 MM USD - 57.000 Hrs

Project Description :

•  Diolefin hydrogenation and hydro-desulfurization of

F.C.C. gasoline in order to meet the 2005 European
gasoline specifications (30 to 50 ppm maximum sulfur
content)

Licensor : AXENS (IFP)

Capacities :
- Normandy Refinery: feed rate = 2.250 t/day
- Flandres Refinery: feed rate = 2.400 t/day

31
References – Refining – EPC Contracts

32
References – Hydrocarbon Storage

HTTSA – HYDROCARBON STORAGE & DISTRIBUTION FACILITY

Project Scope: The Project consists in Engineering,
Procurement and Construction of hydrocarbon Storage
and distribution facility
Client: HTTSA (Horizon Tangiers Terminal S.A)
Capacity: 17 tanks for a total capacity of 490,000 m3
Contract: EPC
Location: New Tangiers Port, Morocco
Duration: 22 months
Contract Value: Euros 82 Millions

Beynes Underground Gas Storage Project

Project Scope: The Project Consists in Engineering, Procurement and
Construction of the surface facilities of Beynes UGS Phase 1 in France
(Yvelines)
Client: Storengy – formerly DGI (GDF-Suez Group) - ICARE leader of a
consortium composed of BOCCARD and VINCI Energies
Capacity:
•  Compression: 2x3.7 MW Moto –compressors
•  Treatment: 600,000 Nm3/h
•  Dehydration: 2x200,000 Nm3/h + 2x110,000 Nm3/h
•  Desulfuration: 2x135,000 m3/h
Contract: Lumpsum Turnkey - ICARE leader of a consortium composed of
Boccard – Vinci Energies
Engineering Man-hours: 160,000 hours
Date: 2008-2011
Contract Value: Euros 150 Millions (ICARE share: 75 Millions) 33
References – Hydrocarbon Storage

LPG Storage Cameroon

Project scope: LPG storage facilities. Construction of a new
pressurized sphere
Client: Sonara / Total Limbe

Capacity: 3 000 m3
Contract: Detail Engineering & Procurement assistance
Engineering Manhours: 10,000 hrs

LPG Storage Nigeria – Loading & Unloading

Project Scope: LPG storage facilities. Spheres/Bullets. Loading /
Unloading facilities
Client: NNPC - Lagos, Nigeria
Capacity: 1,000,000 t/yr
Contract: EPC
Contract Value: 18.6 MMUSD

34
References – Hydrocarbon Storage

Terminals and Storage Facilities Experience:

Feasibility Studies, Conceptual, Basic and Detailed Engineering of storage facilities and terminals with an aggregate
capacity of over 17 Million Barrels of Crude and Refined products, in the last 5 years

35
References – O&G Downstream

Client: Prosernat
Client: Wood Group Mustang
Project: Sulphur Recovery Unit - Lukoil
Project: Process Simulation, Material
Perm
Specifications, Stress Calculation -
Project Type: Detail Design Engineering SOLUTIA TH3 Project

Location: Russia Project Type: Engineering

Location: UK

Client: MUSTANG ENGINEERING Client: Olajterv

Project: Coffeyville Refinery, Placid Project: Stress Analysis - Hydrogen Unit

Refinery, Sinclair Refinery - CCR Project Type: Engineering
Platformer Unit Gasoline Hydrotreater
Location: Hungary
Project Type: Engineering & Design

Location: USA

Client: PENSPEN INTERNATIONAL

Client: Lukoil Rominserv
Project: Stress analysis - Arpechim
Project: Lukoil PetroTel refinery - FCC unit
refinery
revamp works
Project Type: Engineering
Project Type: Engineering & Design
Location: Romania
Location: Romania

36
References – O&G Downstream
Client: CHEVRON LUMMUS GLOBAL
(CLG)
Project: Hydrocracker Unit, Kherson, Gdansk,
Fort Hills Oil Sands, CPC RDS, LC Finner Unit,
North West, Nizhnekamsk, Engen
Project Type: Basic Engineering Services
Location: Ukraine, Poland, Canada, Taiwan,
Ttarstan, South Africa
Client: Rominserv – Rompetrol Group
Project: Jet Fuel Hydrotreating, Piping revamp
in FCC unit, FCC cooling towers revamp,
Hydrogen purification unit, Upgrading Loading
and Transfer Capacity of Petromidia 9 Berth
(Petromidia refinery)
Project Type: Engineering & Design
Location: Romania
Client: CHEVRON LUMMUS GLOBAL
(CLG)
Project: DHC & MHC Hydrocracker Unit,
Jubail, Hydrocracker and Hydrotreater Unit,
Tuape, Rosneft, LC Finner Unit, Calte
Project Type: Basic Engineering Services
Location: Saudi Arabia, Russia, Korea,
Client: TUPRAS
Project: Atmospheric & Vacuum
Distillation, Izmit Refinery. Revamp of the
atmospheric and vacuum distillations units
to increase the production capacity.
Project Type: LSTK EPC
Location: Turkey
37
References – O&G Downstream

Client: Litwin PEL – Lamprell Client: JCR Christof / OMV Petrom

Project: Condensate Heat Exchangers Process Project: OMV Petrom Petrobrazirefinery -
Simulation revamp works
Project Type: Engineering Project Type: Engineering & Design
Location: UAE Location: Romania

Client: Litwin PEL - Lamprell

Client: ENERECO - Italy
Project: New LNG plant 3D modeling
Project: Pancevo Refinery
PDMS
Project Type: Basic Engineering Services
Project Type: Detail Design Services
Location: Serbia
Location: Djibouti

38
References – O&G Downstream

39
References – Oil & Gas Upstream

Client: GRTgaz Client: Litwin PEL – Lamprell

Project: Construction of 1 gas compressor Project: Stress vibration analysis & pipe
station supports adequacy study

Project Type: EPC Project Type: Engineering & Design

Location: France Location: UAE

Client: Enereco / OMV Petrom Client: GRTgaz

Project: OMV Petrom Surface Facilities Project: Construction of 5 gas compressor

Development Program station

Project Type: Permitting, Feed & Detail Project Type: EPC

Design Services Location: France
Location: France

Client: HABAU PPS / OMV Petrom Client: WASCO

Project: OMV Petrom - Water tank demolition Project: Civil & Electrical Engineering &
project Design - Compressor Station ZUBAIR

Project Type: Engineering & Design Project Type: Detail Design Engineering

Location: Romania Location: IRAQ

40
References – Oil & Gas Upstream

PDVSA, Jose Naphtha Stripper

Client : PDVSA
Location : Venezuela

Project scope : Naphtha Recovery project 270 MBD for Early

Production of crude from the Orinoco Oil Belt at Jose

Capacity : 270 MBD DCO (200 MBD Extra-Heavy Crude Oil)

Contract : EPC

Dates : 2014 - 2017

Total investment : 500 MUSD (ICARE’s Part 150 MUSD)

Project Description :

The project will process 270,000 barrels per day of Dry Diluted
Crude Oil (DCO) and generate approximately 200,000 barrels per
day of Extra-Heavy Crude Oil (EHCO) and 70,000 barrels per day
of Naphtha. (Approximately 25% naphtha and 75% extra-heavy
crude oil)

41
References – Field development

Client: MASHINOIMPORT (Moscow)

Project: Tenguiz I, II et III Oil and Gas Field Development Kazakhstan
Project Type: EPCS - Grassroots Installation of 3 units of oil & gas on field,
including Crude stabilization, Gas Desulphurisation & Fractionation, Sulphur
production, LPG producing 3x3’000’000 t/year stabilized crude
Location: Kazakhstan
Project value: 168 M€

Client: AGIP KCO

Project: Kashagan Field Development
Project Type: EPC with Bateman Oil & Gas for the construction phase.
Scope included Design and construction of the Kashagan oil & gas field
utilities including: Steam production (HP/LP), Air generation, Nitrogen
generation, Fuel gas system, HP/LP condensate, Utility water facilities, Waste
water treatment, Fire water station and other.
Location: Kazakhstan
Enigneering manhours: 250’000 mh

42
Experience

Gas Processing Experience:

•  Experience in large upstream and

downstream gas projects
•  Gas processing and compression up to
1.200 PSI
•  Gas Treatment: H2S and CO2 removal
•  Cryogenic Fractionation
•  Field Facilities Operation

43
References – Petrochemicals

Client: DOMO
Client: MA’ADEN
Project: Revamping of a caprolactam unit-
Project: Construction of a phosphoric acid
production from 65 kt/y to 156 kt/y
plant of 1,5million t/y
Project Type: LSTK EPC
Project Type: LSTK EPC
Location: Germany
Location: Saudi Arabia

Client: Shanxi Coking Plant Client: VFT Rutgers

Project: Construction of Distillation Plant Project: Naphthalene purification plant
Project Type: EPT Project Type: EPT
Location: China Location: Belgium

Client: Mustang Engineering

Client: Lummus Technology
Project: P&ID'S updating for Ethoxylation Unit
Project: Ethylene Plant, Tianjin
Revamp, Tesoro Salt Lake City Benzene
Reduction Project Type: Basic Engineering Services
Project Type: Engineering & Design Location: China
Location: USA

44
References – Power

Client: OCP Client: ADP

Project: Construction of 2 steam power plants Project: Construction of Cogeneration Plant

Project Type: LSTK EPC Project Type: LSTK EPC

Location: Morocco Location: France

Client: SAMIR Client: UNA E&C

Project: Construction of Cogeneration Plant Project: Gas Turbine Power Generation

Unit
Project Type: LSTK EPC
Project Type: Basic & Detail Design
Location: Morocco Services

Location: IRAQ

Client: Comoros Government Client: SGC Iraq

Project: 15 MW Power generation Project: Gas Turbine Power Generation
Project Type: EPC Project Type: EPC (200m USD)
Location: Comoros Islands Location: Iraq

45
References – Power

Client: Sonelgaz
Project: gas turbine power generation
Project Type: service agreement to improve efficiency, output and reliability of
51 gas turbines installed in 13 power plants across the country.
Location: Algeria

Project: 200 MW dual fired (low pour fuel oil / gas) power plant; 8 GE gas
turbines in the 15-20 MW range
Project type: EPC
Location: Nigeria
Project value: 230 million USD

Project: 276 MW gas turbine power generation

Project type: Design, supply & commissioning
Location: Russia

46
References – Power

Client: Saudi Electricity Company

Project: gas turbine power generation
Project Type: EPC
Location: Saudi Arabia
Project value: 950 million USD

Client:
Project: 2 x 350 MW, Chang Chan conventional power plant
Project Type: EPC
Location: China
Project value: 640 million USD

Client:
Project: 4 x 45 MW conventional power plant
Project Type: EPC
Location: Jamaica
Project value: 210 million USD

47
References – Power

Project: 2 x 120 MW conventional power plant

Project Type: EPC
Location: India
Project value: 290 million USD

Project: 2 x 150 MW Merz conventional power plant

Project Type: EPC
Location: Algeria
Project value: 340 million USD

Project: 2 x 110 MW Ramagundam power station

Project Type: EPC
Location: India
Project value: 325 million USD

48
References – Petrochemicals & Power

Petrochemical Experience:

Over 40 projects in Petrochemical and Fertilizer units:

•  Methanol
•  Polypropylene
•  Fertilizers

Power Plants Experience:

Over 9.000 MW in Major Power Plants in Venezuela, Latin America & Africa
•  Open & Combined Cycle
•  Gas, diesel and Heavy Fuels
•  Cogeneration facilities

49
References – Environmental Services

Client: CURMA & SIGIDURS Client: Tupras

Project: Revamping of a waste-to-energy Project: Gasoline Specification Improvement

plant Project GSIP - Izmir refinery

Project Type: LSTK EPC Project Type: Engineering & Design

Location: France Location: Turkey

Client: SNC Lavalin Client: BAYET

Project: Waste to Energy project - P&ID Project: Modifications of furnaces in a

production waste incineration plant

Project Type: Detail Design Engineering Project Type: LSKT EPC

Location: France Location: France

Client: Shanghai Pudong Municipality Client: Rompetrol Petromidia Refinery

Project: Construction of a waste-to-energy Project: Particulate emission reduction at

plant FCC plant ROMPETROL RAFINARE

Project Type: LSTK EPCM Project Type: Pre-feasibility Study

Location: China Location: Romania

50
References – Mining & Minerals
Client: LR / Mitrelli Groups
Project: Phosphates Development
Project Type: mining, downstream products (incl.
WPA, Sulfuric, DAP, NPK’s) – 3Mtpa
Location: Angola
Client: Engel Investment LTD
Project: Numerous pre feasibility studies of
quarries of aggregates and sands
Project Type: Feasibility Study
Location: Russia
Client: Delek Energy Ltd
Project: Feasibility study of Bauxite open pit
mine
Project Type: Feasibility Study
Location: Guinea - Bissau
Client: Great Quest Metals Ltd
Project: Phosphates Development
Project Type: Drilling, reserve estimation, pilot
plant, benefication, granulation, bulk blending,
PEA study
Location: Mali
Client: GAT – Geology and Mine Engineering
Ltd
Project: Feasibility study for an alluvial gold
mine
Project Type: Feasibility Study
Location: Papua New Guinea
Client: UPS Ltd
Project: Study for Gold underground mine
Project Type: Feasibility Study
Location: Kazakhstan
51
Experience

Off Shore Experience Experience:

Designed over 40 operating platforms in Lake Maracaibo

Designed and fabricated two large housing platforms in the Gulf of
Mexico

Pipelines Experience:

Over 4,000 km of Oil, Gas and Multiproduct Pipe Lines in Venezuela

and Latin America.

52
Contact

For further contact and information:

www.icare-group.com

Headquarter Office
Rue Faucigny 5
CH-1700 Fribourg
Switzerland

Commercial Office
Route Suisse 5
FIBA Building
CH-1295 Mies
Switzerland

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