8)',2-7', 32()6,39(

43490%6-8)-8 1%<-1%836 463(9'8)2 +63)-8 78)6/



     -RWXEPPEXMI
     ST ^II
     IXVE
     HMQIRWMI
     EER
     WIVZMGITEOOIX
     ,IX MW SRWXYMQMK [IIV MR SJJWLSVI PERH SZIR IIR EERXEP REXMSREPI XSIPIZIVERGMIVW LERKIR HSROIVI SR[IIVW[SPOIR
     QEEV KIPYOOMK ^MNR IV SSO FIHVMNZIR [EEV HI ^SR ZSPST WGLMNRX ;EEVSQ LIX FMN HI ÍÍR [IP KSIH KEEX IR FMN HI ERHIV
     QMRHIV ZEPX REY[IPMNOW XI HIJMRMÏVIR )V ^MNR ^SZIIP ZIVWGLMPPIRHI JEGXSVIR HMI IIR VSP WTIPIR HEX LIX SRHSIRPMNO MW SQ
     IIR WTIGMJMIOI JEGXSV XSX WYGGIW SJ XSX QEPEMWI EER XI [MN^IR )IR XSIPIZIVERGMIV [EEV [IP WTVEOI MW ZER IIR EPWQEEV
     WXMNKIRHI SQ^IX MW 1EMQEXSV IRIPY : YMX SIXIVQIIV ,IX NEEV  [EW KI[SSR XST IR HMI PMNR LIIJX ^MGL SSO
     KIHYVIRHI LIX IIVWXI LEPJ NEEV ZER  HSSVKI^IX (EEVFMN OSQX HEX REEWX HI WIVZMGI GU SRHIVLSYHWGSRXVEGXIR HMI
     VIGIRX ^MNR EJKIWPSXIR 1EMQEXSV RY SSO KIZVEEKH IR VIIHW KIGSRXVEGXIIVH MW SQ HI MRWXEPPEXMI ZER LEEV TVSHYGXIR
     SJJWLSVI ZSSV LEEV VIOIRMRK XI RIQIR 3JJWLSVI :MWMI WTVEO QIX KIRIVEP QEREKIV (IRRMW ZER 8SP




                                                                                                                       (IRRMW ZER 8SP




1EMQEXSV ZIVXIKIR[SSVHMKX MR HI             [IVIPH MR (IRRMW ZER 8SP q(I PYGLX          1EMQEXSV QEK HER [IP QIIV HER 
IRIPY HI (YMXWI WTIGMEPMWX ST LIX          EERKIHVIZIR TSQTIR ZER 1EMQEXSV            NEEV SYH ^MNR LIX QEREKIQIRX MW YMXIVWX
KIFMIH ZER LSKI HVYO XIGLRSPSKMI             JYRGXMSRIVIR ST LIX IIRZSYHMKI QEEV         EQFMXMIYW 1IX IIR XIEQ ZER 
1EMQEXSV +QF, (MX JEQMPMIFIHVMNJ          JYRGXMSRIPI TVMRGMTI ZER EYXSQEXMWGL        QIRWIR MW QIR MR SVKI (YMXWPERH
STKIVMGLX MR  TVSHYGIIVX IIR            LIIR IR [IIV FI[IKIRHI ^YMKIVW QIX          HSSVPSTIRH FI^MK QIX TVSHYGXSRX[MOOI
FIXVSY[FEEV IR HYYV^EEQ KEQQE ZER            ZIVWGLMPPIRHI STTIVZPEOXIR )IR VIPEXMIJ    PMRK /[EPMXIMX IR WIVZMGI WXEEX FMN LIR IR
PYGLX EERKIHVIZIR ZPSIMWXSJTSQTIR           KVSXI PYGLX^YMKIV MW KIQSRXIIVH EER IIR     YMXIVEEVH SSO FMN SR^I  QIHI[IVOIVW
PYGLX EERKIHVIZIR KEWFSSWXIVW ZSSV LIX       OPIMRIVI LSKI HVYO TPYRNIV SQ WEQIR       LSSK MR LIX ZEERHIP -R REY[ SZIVPIK
SQZYPPIR IR GSQTVMQIVIR ZER IIR              KIHVYOXI PYGLXWXVSSQ SQ XI ^IXXIR MR        QIX 1EMQEXSV (YMXWPERH ^MNR [MN TIV 
ZIVWGLIMHIRLIMH EER KEWWIR IR ZPSIMWXSJ     IIR LSKI HVYO ZPSIMWXSJ SJ KEW WXVSSQ      ETVMP ZER HMX NEEV SSO ZIVXIKIR[SSVHMKIV
JIR IIR ZSPPIHMK :*8 TVSKVEQQE
:EPZI      -R TVMRGMTI ZIVOSTIR [MN ZERYMX             KI[SVHIR ZER 4VIWWYVI 8IGL YMX
*MXXMRK ERH 8YFMRK
 IR EPPIVPIM LSKI HVYO   SIXIVQIIV HI PSWWI TVSHYGXIR QEEV         )RKIPERH (I VIHYGIIVZIRXMIPIR HMI
XIWXFEROIR ZSSV LIX XIWXIR ZER L]HVEYPM     LIFFIR LMIV MR SR^I [IVOTPEEXW XIZIRW       HMX FIHVMNJ TVSHYGIIVX ^MNR IIR KSIHI
WGLI IR TRIYQEXMWGLI GSQTSRIRXIR XSX         HI QSKIPMNOLIMH SQ ST OPERXWTIGMJMGEXMI     EERZYPPMRK ST SRW EWWSVXMQIRX
 FEV S ^IX EOIV 3MP FMNZSSVFIIPH    GSQTPIXI TSQTW]WXIQIR XI FSY[IR            ,IX TVSHYGX ^SVKX IVZSSV HEX LSKI
HMZIVWI YRMZIVWIPI 1EMQEXSV LSKI HVYO       1IX QERSQIXIVW EERWPYMXMRKIR IR            HVYOOIR [IIV XIVYK KIVIKIPH [SVHIR
XIWXW]WXIQIR XSX  FEV SZIVEP XIV         EJWPYMXIVW                                 REEV IIR PEKI HVYOr


       3**7,36) :-7-)  1)-  .92-
8)',2-7', 32()6,39(



-RRSZEXMI
3TVMGLXIV IR HMVIGXIYV ZER 1EMQEXSV
IRIPY MW *VMXW HI ;MPHI 3JJMGMIIP WXEVXXI
LMN QIX ^MNR FIHVMNJ MR  SRHIV HI
REEQ *VMXSR IRIPY (MX LEH HIWXMNHW
XI QEOIR QIX LIX KIKIZIR HEX HI
QIVOREEQ 1EMQEXSV MR 2IHIVPERH EP
HSSV IIR HIVHI TEVXMN [EW KIVIKMWXVIIVH
-R  [IVH QIX HI^I TEVXMN IIR
SZIVIIROSQWX EJKIWPSXIR [EEVRE *VMXSR
EPWRSK [IVH SQKIHSSTX MR 1EMQEXSV
(I EERWXIPPMRK ZER (IRRMW ZER 8SP EPW
KIRIVEP QEREKIV ZSPKHI MR NERYEVM 
q;EX ZSSV SRW IIR KVSSX ZSSVHIIP MW MR
HI^I TIVMSHI ZER VIGIWWMI MW HEX [MN IIR                                                                           :SSVFIIPH ZER
^IIV HMZIVW OPERXIRTEOOIX LIFFIR                                                                                   IIR 1EMQEXSV %MV
3R^I VIHIPMNO YRMZIVWIPI TVSHYGXIR                                                                                  (VMZIR 4YQT
OIRRIR IIR KVSSX EERXEP ETTPMGEXMIW MR
^S[IP HI EYXSQSFMIP EPW ZPMIKXYMKMRHYWXVMI
HI GLIQMWGLI IR TIXVSGLIQMWGLI                  -R TVMRGMTI MW HEEV KIIR WXERHEEVHW]W       -RWXEPPEXMI
MRHYWXVMI HI QEVMXMIQI MRHYWXVMI              XIIQ ZSSV )R MR REY[I WEQIR[IVOMRK          )IR IXVE HMQIRWMI HMI MW XSIKIZSIKH
IRIVKMIFIHVMNZIR IR HI OYRWXWXSJ               QIX IIR SPMIQEEXWGLETTMN YMX (IR ,IPHIV      EER HI HMIRWXZIVPIRMRK ZER 1EMQEXSV
MRHYWXVMI 0EWX FYX WYVIP] RSX PIEWX MW HEEV   LIFFIR [I MR  IIR ZPSIMWXSJTSQT          MW LIX MRWXEPPIVIR ZER TVSHYGXIR SJJWLSVI
HI SPMI IR KEWMRHYWXVMI 7EQIR QIX HI          SRX[MOOIPH IR STKIFSY[H QIX IIR              EER FSSVH ZER IIR TPEXJSVQ (IRRMW ZER
QEVMXMIQI WIGXSV RIIQX ^MN VYMQ               FITEEPHI GETEGMXIMX (YW IGLX LIPIQEEP       8SP q7XIIHW JVIUYIRXIV O[EQ HI ZVEEK
ZER SR^I SQ^IX ZSSV LEEV VIOIRMRKr             OPERXWTIGMJMIO (I TSQT [SVHX RY             YMX HI QEVOX SJ [MN SSO HI MRWXEPPEXMI ZER
                                                [IVIPH[MNH MRKI^IX ST TPEXJSVQIRr           SR^I TVSHYGXIR SJJWLSVI [MPHIR KEER
(EEVREEWX XVIIHX 1EMQEXSV SSO ST                                                            ZIV^SVKIR (YW FILEPZI HI ZIVOSST ZER
EPW 3VMKMREP )UYMTQIRX 1ERYJEGXYVIV             )IR [IPPLIEH GSRXVSP TERIIP MW IIR ERHIV     PSWWI TVSHYGXIR ZVSIKIR STHVEGLXKIZIVW

Offshore Visie

  • 1.
    8)',2-7', 32()6,39( 43490%6-8)-8 1%<-1%836463(9'8)2 +63)-8 78)6/ -RWXEPPEXMI ST ^II IXVE HMQIRWMI EER WIVZMGITEOOIX ,IX MW SRWXYMQMK [IIV MR SJJWLSVI PERH SZIR IIR EERXEP REXMSREPI XSIPIZIVERGMIVW LERKIR HSROIVI SR[IIVW[SPOIR QEEV KIPYOOMK ^MNR IV SSO FIHVMNZIR [EEV HI ^SR ZSPST WGLMNRX ;EEVSQ LIX FMN HI ÍÍR [IP KSIH KEEX IR FMN HI ERHIV QMRHIV ZEPX REY[IPMNOW XI HIJMRMÏVIR )V ^MNR ^SZIIP ZIVWGLMPPIRHI JEGXSVIR HMI IIR VSP WTIPIR HEX LIX SRHSIRPMNO MW SQ IIR WTIGMJMIOI JEGXSV XSX WYGGIW SJ XSX QEPEMWI EER XI [MN^IR )IR XSIPIZIVERGMIV [EEV [IP WTVEOI MW ZER IIR EPWQEEV WXMNKIRHI SQ^IX MW 1EMQEXSV IRIPY : YMX SIXIVQIIV ,IX NEEV [EW KI[SSR XST IR HMI PMNR LIIJX ^MGL SSO KIHYVIRHI LIX IIVWXI LEPJ NEEV ZER HSSVKI^IX (EEVFMN OSQX HEX REEWX HI WIVZMGI GU SRHIVLSYHWGSRXVEGXIR HMI VIGIRX ^MNR EJKIWPSXIR 1EMQEXSV RY SSO KIZVEEKH IR VIIHW KIGSRXVEGXIIVH MW SQ HI MRWXEPPEXMI ZER LEEV TVSHYGXIR SJJWLSVI ZSSV LEEV VIOIRMRK XI RIQIR 3JJWLSVI :MWMI WTVEO QIX KIRIVEP QEREKIV (IRRMW ZER 8SP (IRRMW ZER 8SP 1EMQEXSV ZIVXIKIR[SSVHMKX MR HI [IVIPH MR (IRRMW ZER 8SP q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
  • 2.
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r 3**7,36) :-7-) 1)- .92-
  • 3.
    8)',2-7', 32()6,39( -RRSZEXMI 3TVMGLXIV IRHMVIGXIYV ZER 1EMQEXSV IRIPY MW *VMXW HI ;MPHI 3JJMGMIIP WXEVXXI LMN QIX ^MNR FIHVMNJ MR SRHIV HI REEQ *VMXSR IRIPY (MX LEH HIWXMNHW XI QEOIR QIX LIX KIKIZIR HEX HI QIVOREEQ 1EMQEXSV MR 2IHIVPERH EP HSSV IIR HIVHI TEVXMN [EW KIVIKMWXVIIVH -R [IVH QIX HI^I TEVXMN IIR SZIVIIROSQWX EJKIWPSXIR [EEVRE *VMXSR EPWRSK [IVH SQKIHSSTX MR 1EMQEXSV (I EERWXIPPMRK ZER (IRRMW ZER 8SP EPW KIRIVEP QEREKIV ZSPKHI MR NERYEVM q;EX ZSSV SRW IIR KVSSX ZSSVHIIP MW MR HI^I TIVMSHI ZER VIGIWWMI MW HEX [MN IIR :SSVFIIPH ZER ^IIV HMZIVW OPERXIRTEOOIX LIFFIR IIR 1EMQEXSV %MV 3R^I VIHIPMNO YRMZIVWIPI TVSHYGXIR (VMZIR 4YQT OIRRIR IIR KVSSX EERXEP ETTPMGEXMIW MR ^S[IP HI EYXSQSFMIP EPW ZPMIKXYMKMRHYWXVMI HI GLIQMWGLI IR TIXVSGLIQMWGLI -R TVMRGMTI MW HEEV KIIR WXERHEEVHW]W -RWXEPPEXMI MRHYWXVMI HI QEVMXMIQI MRHYWXVMI XIIQ ZSSV )R MR REY[I WEQIR[IVOMRK )IR IXVE HMQIRWMI HMI MW XSIKIZSIKH IRIVKMIFIHVMNZIR IR HI OYRWXWXSJ QIX IIR SPMIQEEXWGLETTMN YMX (IR ,IPHIV EER HI HMIRWXZIVPIRMRK ZER 1EMQEXSV MRHYWXVMI 0EWX FYX WYVIP] RSX PIEWX MW HEEV LIFFIR [I MR IIR ZPSIMWXSJTSQT MW LIX MRWXEPPIVIR ZER TVSHYGXIR SJJWLSVI HI SPMI IR KEWMRHYWXVMI 7EQIR QIX HI SRX[MOOIPH IR STKIFSY[H QIX IIR EER FSSVH ZER IIR TPEXJSVQ (IRRMW ZER QEVMXMIQI WIGXSV RIIQX ^MN VYMQ FITEEPHI GETEGMXIMX (YW IGLX LIPIQEEP 8SP q7XIIHW JVIUYIRXIV O[EQ HI ZVEEK ZER SR^I SQ^IX ZSSV LEEV VIOIRMRKr OPERXWTIGMJMIO (I TSQT [SVHX RY YMX HI QEVOX SJ [MN SSO HI MRWXEPPEXMI ZER [IVIPH[MNH MRKI^IX ST TPEXJSVQIRr SR^I TVSHYGXIR SJJWLSVI [MPHIR KEER (EEVREEWX XVIIHX 1EMQEXSV SSO ST ZIV^SVKIR (YW FILEPZI HI ZIVOSST ZER EPW 3VMKMREP )UYMTQIRX 1ERYJEGXYVIV )IR [IPPLIEH GSRXVSP TERIIP MW IIR ERHIV PSWWI TVSHYGXIR ZVSIKIR STHVEGLXKIZIVW