1. AUSTRALIA DEVELOPMENT
Innovation

Quality
TRAC Oil & Gas Pty Ltd

Safety

Service
www.tracoilandgas.com

2. AUSTRALIA DEVELOPMENT
Innovation
Contents:
• TRAC overview

Quality
• Why Australia?
• Timeline

Safety
• Summary

Service
www.tracoilandgas.com

3. AUSTRALIA DEVELOPMENT
Developing in W.A:
Innovation
•Where we are today

•How we got there
Quality
•What still needs done

Things we did well…
Safety
Things we did badly…

Support & advice we got along the way…✔
Service
www.tracoilandgas.com

4. AUSTRALIA DEVELOPMENT
TRAC Oil & Gas Ltd…
Innovation
“…is a global provider of

Quality
Engineering Support Services
for the inspection and maintenance of offshore

and onshore assets in the Oil & Gas industry”
Safety

Service
www.tracoilandgas.com

5. AUSTRALIA DEVELOPMENT
Innovation
Oil & Gas Services include:
• Mechanical & Construction

Quality
• Electrical/ Fire & Gas
• Inspection & NDT

• Fabric Maintenance
Safety
• Access Solutions & Training
• Integrated Solutions

Service
www.tracoilandgas.com

6. AUSTRALIA DEVELOPMENT
Typical Contracts…
Innovation
FPSO - side shell weld repairs

Quality

Safety

Service
www.tracoilandgas.com

7. AUSTRALIA DEVELOPMENT
Typical Projects…
Innovation
Flare Tower repairs & alterations

Quality

Safety

Service
www.tracoilandgas.com

8. AUSTRALIA DEVELOPMENT
Typical Projects…
Innovation
Inspection & NDT

Quality

Safety

Service
www.tracoilandgas.com

9. AUSTRALIA DEVELOPMENT
Typical Projects…
Innovation
Fabric Maintenance/ Painting

Quality

Safety

Service
www.tracoilandgas.com

10. AUSTRALIA DEVELOPMENT
Typical Projects…
Innovation
Fire & Gas

Quality

Safety

Service
www.tracoilandgas.com

11. AUSTRALIA DEVELOPMENT
Operating Centres (Oil & Gas)
Innovation
Proposed Offices (Oil & Gas)
TRAC Presence
Aberdeen, UK Finland
TRAC International Head Office Norway
Canada

UK & Europe
Quality
Middle East China
SE Asia

Africa India
Safety
Singapore
Brazil
New Zealand

Service
Perth, AUS
Regional Office
www.tracoilandgas.com

12. AUSTRALIA DEVELOPMENT
Innovation
Belmont office facility
 CLOSE TO AIRPORTS FOR FIFO STAFF

 CLOSE TO CITY (OIL & GAS CLIENT BASE)
Quality
 CLOSE TO SUPPLIERS

Safety

Service
www.tracoilandgas.com

13. AUSTRALIA DEVELOPMENT
Innovation
Why Australia…?

Quality

Safety

Service
www.tracoilandgas.com

14. AUSTRALIA DEVELOPMENT
Pro’s
Innovation
• Market – good opportunity
• English speaking

• Similar legal/ etc. systems
Quality
• “Pleasant” location

Con’s
Safety
• Remote

• Expensive
Service
• Predominantly Gas
www.tracoilandgas.com

15. AUSTRALIA DEVELOPMENT
Innovation
Timeline…
Feasibility Research Set-up Develop

Scottish SDI – AOG SDI – AOG WA Gov.
Quality
Enterprise
UKTI – OMIS Service delivery Business
ISW development
Customers/ Market

Safety
Jan – Mar „10 Apr „10 – Apr ‟11 May – Oct ‟11 Nov „11
3 months 12 months 6 months and beyond

Service
www.tracoilandgas.com

16. AUSTRALIA DEVELOPMENT
Innovation
Corporate considerations
• Legal entity
o trading status/ local/ foreign

Quality
• Accounting requirements
o tax rules/ reporting/ employment etc.

Safety
• Banking
• Licenses

Service
• Insurances
www.tracoilandgas.com

17. AUSTRALIA DEVELOPMENT
Facility considerations
Innovation
• Location, Location, Location

Quality
• Buy/ Lease
• Short term vs Long term requirements

Safety
• Fit-out/ time constraints
• IT/ phones/ mail/ services/ etc.

Service
www.tracoilandgas.com

18. AUSTRALIA DEVELOPMENT
Staff considerations
Innovation
• Local staff/ Ex-pat/ Secondment

Quality
• Immigration/ Visas
• Unions/ Fair Work Act 2009

Safety
• Salary expectations
• Tax issues/ package

Service
www.tracoilandgas.com

19. AUSTRALIA DEVELOPMENT
Operational considerations
Innovation
• Barriers to doing business

Quality
• Memberships/ Licenses/ Approvals
• Equipment & Materials

Safety
• Suppliers/ Credit accounts
• Customer requirements/ invoicing/ revenue

Service
• Commercial model/ accounting
www.tracoilandgas.com

20. AUSTRALIA DEVELOPMENT
Innovation
Summary…
Relatively ‘SOFT’ landing

‘vs’
Quality
Very EXPENSIVE

Safety

Take full advantage of SUPPORT
Service
www.tracoilandgas.com

21. AUSTRALIA DEVELOPMENT
Questions…?
Innovation

Quality

Safety

Service
www.tracoilandgas.com

22. TRAC Oil & Gas exhibiting at
Innovation
Come and

visit us at
Quality
STAND P14

Safety

Service
20 – 22 Feb 2013 – AOGEXPO.COM.AU