The IKM Group 2013 2013 - Good prospects, global challenges We have concluded a year defined by great optimism in the Norwegian oil and gas sector - increased oil and gas reserves were discovered, investments grew and activity increased. 2012 was a year when IKM’s focus on growth paid off with a new record turnover of BNOK 3.9. Profitability was also up with EBITDA ending up at MNOK 465, which is also a new record. Unfortunately, at the same time, many parts of the global economy are in turmoil. A weaker global economy and a persistent element of geopolitical unrest make the market outlook for oil and gas more uncertain. This means that we must work more effectively and at the same stick with our ambition that “even the most demanding customer will have IKM as a preferred contractor”. Positive trend: • Our investment in inspection services has had a positive impact in 2012. Turnover exceeded MNOK 100, i.e. up more than 100% compared with 2011. • IKM Valves AS has doubled its turnover over the year, which ended up at around MNOK 200. • There has also been a good trend in IKM Testing AS’ international focus, with increased turnover and earnings. • I am also very pleased with IKM’s ability to make a concerted effort. An increase in turnover of almost 20 per cent is demanding for the organization. The employees’ willingness to accept challenges and find good solutions is essential in order to manage such growth. • The latest and most encouraging news is that our absenteeism rate is steadily decreasing and looks like ending up at around 3.5 per cent in 2012. In the oil and gas sector of Norwegian industry our total absenteeism rate was 3.9 per cent in the 3rd quarter 2012. This is the best result ever and shows that our focus on the employees’ welfare and working conditions has paid off both for IKM and the industry as a whole. Substantial finds will help maintain enthusiasm for exploration, while persistently high oil prices will encourage new developments and upgrading projects. In other words, there is no lack of opportunities and IKM maintains good headway into the New Year. This, together with a high order backlog and major investments on the Norwegian Continental Shelf will help ensure that 2013 is a good year for IKM. It will be a challenging, but exciting year, with possibilities that we must make the most of, which is what we are good at! HSE Policy • Zero injuries is our overall objective. • We shall instil trust and confidence among our customers and employees. • We shall follow acts and regulations, including ethic code of conduct. • HSE is the most important internal work area. • No operation has priority over safety. • HSE is a line responsibility in the entire organisation. • Everyone is responsible for their own safety and the safety of others. • We shall prevent pollution and reduce negative environmental impact. • We shall reduce the amount of waste and optimise the use of resources. We will achieve this through continuous improvement of all processes and systems established in each organisation. Together with our clients and suppliers we shall follow statutory regulations and continually improve our procedures and routines in environmental management. We believe that social commitment will result in savings for our clients, and new business possibilities for the IKM Group. Each IKM company shall establish its own objectives in order to live up to the IKM Group’s overall policy. Zero injuries - an overall objective The IKM Group ELECTRICAL/ INSTRUMENT/ PROCESS SUBSEA/ COMPLETION/ COMMISSIONING ENGINEERING/ OPERATIONS FABRICATION/ INSPECTION IKM Elektro AS (Sola) IKM Testing AS IKM Consultants AS IKM Haaland AS (Sola) Dept. Bergen Dept. Kristiansund Dept. Hammerfest (Sola) Dept. Bergen Dept. Horten Dept. Tranby (Vigrestad) IKM Testing Asia Pte. Ltd. IKM DSC Engineering AS IKM Industrigravøren AS (Singapore) (Tranby) (Vigrestad) IKM Testing Australia Pty. Ltd. IKM Kran og Løfteteknikk AS IKM Inspection AS (Perth) (Tananger) IKM Testing Brasil LTDA IKM Ocean Design AS (Rio de Janeiro) Dept. Macaé (Stavanger) (88%) Dept. Trondheim (Stavern) Dept. Arendal Dept. Stavanger Dept. Bergen IKM Testing Canada Ltd. IKM Ocean Design Australia Pty. Ltd (Rolvsøy) (67 %) (Perth) (88%) IKM Minic AS (Sandnessjøen) IKM Instrutek AS (Larvik) Dept. Sola IKM Laboratorium AS (Tananger) Dept. Bergen Dept. Oslo Dept. Sotra IKM Measurement Services Ltd. (Aberdeen) IKM Measurement Services Australia Pte. Ltd. (Perth) IKM Norwegian Technology Solutions AS (Stavanger) (67%) IKM HVAC AS (Stavanger) (51%) IKM Røntgenkontrollen AS (St. Johns) Dept. Halifax Dept. Alberta IKM Operations AS IKM Testing Kazakhstan LLP (Sola) IKM Maskinering AS IKM Service AS (Tau) Dept. Sola Dept. Fyresdal (Atyrau) IKM Production Technology AS IKM Testing Malaysia Sdn. Bhd (Sola) (Kuala Lumpur) IKM Production Technology Sdn. Bhd IKM Testing Poland Sp. z o.o. (Sola) IKM Mekaniske AS (Gdansk) (Stavanger) Dept. Nærbø IKM Testing Spain SL IKM Mekaniske Kristiansund AS (Cadiz) (Kristiansund) IKM Testing Thailand Co. Ltd. IKM Stål & Fasade AS (Rayong) (Stavanger) Dept. Haugesund (Kuala Lumpur) IKM Uniteam Offshore AS (Sandnes) (51%) IKM Valves AS (Stavanger) (67%) Dept. Bergen IKM Testing UK Ltd. IKM Technique AS (Newcastle) Dept. Aberdeen (Sandnes) (68%) PT IKM Indonesia (Batam) IKM Cleandrill AS (Straume) (51%) IKM Mooring Services AS (Sola) IKM Subsea AS (Bryne) IKM Subsea Malaysia Sdn. Bhd (Kuala Lumpur) IKM Subsea Singapore Pte. Ltd. (Singapore) 1989 1989 1990 1990 1991 1991 1992 1992 1993 1993 1994 1994 1995 1995 1996 1996 1997 1997 5000 5000 230 IKM Invest 4500 4500 200 770 IKM EIENDOM AS IKM INDUSTRIINVEST AS Commersial property Company investments Leased area 70.000 sq.m Noreco ASA (9,75%) North Energy ASA (3%) Inwind AS (38%) Ingenium AS (34%) Smaken av Grimstad AS (67%) Scanfarm AS (68%) Agasti Holding ASA (3,1%) Development projects Commercial real estate (100.000 sq.m.) Recreational residentials (40 units) Apartments / housing 9 rental units Funds Company investments Energy Ventures III Energy Ventures IV Selvaag Bolig ASA (3,8%) 620 4000 4000 3500 3500 1311 3000 3000 1315 2500 2500 The revenue for IKM Invest comprises companies where IKM’s owner share is 34% or more. 2000 2000 1850 1603 1500 1500 1000 1000 500 500 782 795 2012 2012 B2013 B2013 0 1998 1998 1999 1999 2000 2000 2001 2001 2002 2002 2003 2003 2004 2004 2005 2005 2006 2006 2007 2007 2008 2008 2009 2009 2010 2010 2011 2011 Mill. Mill. NOKNOK Electrical / Instrument / Process Product sales • Supply house • Instrumentation/electro/electronics/ automation • Subsea/topside valves • Flow/level instruments • Measurement/testing equipment • Electrical motors/transformers • Thermography equipment • Transformer surveillance • Calibration/environmental instruments • Navigation/communication Service, installation and calibration • Pressure, temp, flow, electrical, mechanical and gas density • Electrical parameters • Valve Site Service (VSS) • Pressure safety valves (PSV) • Navigation/maritime communication (maritime equipment) • Projecting (new build) • Field instrumentation • Emission measurements (NOX) Self-production Rental • System integration • Electrical motors/transformers/ generators • Electrical subsea motors/transformers • Pressurised containers • Control/enclosure panels • Valve parts/valve repair • High pressure sample bottles • Subsea HPU’s • Subsea el. actuators • Electrical/hydraulic control systems • Equipment, personnel/ container solutions Training courses Process and well technology • Data sampling (pressure, temp, flow, chemical analysis) • On-site PVT • Well integrity (monitoring/analysis) • Process surveillance Companies in the division IKM Elektro AS Skvadronveien 24 4050 Sola, Norway T: +47 51 81 17 30 E: [email protected] IKM Laboratorium AS NorSea Base, Bygg 53 Pb. 124, 4098 Tananger, Norway T: +47 51 71 95 00 E: [email protected] IKM Instrutek AS Elveveien 28 3262 Larvik, Norway T: +47 33 16 57 00 E: [email protected] Dept. Bergen Kokstadveien 23, 5257 Kokstad, Norway T: +47 51 71 95 00 E: [email protected] Dept. Sola Ljosheimvegen 12 4050 Sola, Norway T: +47 51 20 23 00 E: [email protected] Dept. Oslo Ensjøveien 18 0661 Oslo, Norway T: +47 22 78 27 40 E: [email protected] Dept. Bergen Kokstadveien 23, 5257 Kokstad, Norway T: +47 907 57 773 E: [email protected] Dept. Rental Forusbeen 248, 4312 Sandnes, Norway T: +47 51 71 95 40 24/7: +47 51 71 95 95 E: [email protected] IKM Measurement Services Ltd. Howe Moss Terrace, Kirkhill Industrial Estate Dyce, Aberdeen, AB21 0GR, UK T: +44 1224 79 3262 E: [email protected] IKM Production Technology AS Skvadronveien 24 4050 Sola, Norway T: +47 994 97 220 E: [email protected] IKM Measurement Services Australia Pte. Ltd 33 Kewdale Road Welshpool WA 6106 Australia T: +61 8 9452 6100 E: [email protected] IKM Production Technology Sdn. Bhd 35J-2-9, KLSC, Jalan Wangsa Delima 5, Wangsa Maju, 53300 Kuala Lumpur, Malaysia, T: +601 9650 6949 E: [email protected] IKM Norwegian Technology Solutions AS Gamle Forusvei 25, 4033 Stavanger, Norway T: + 47 51 64 13 00 E: [email protected] IKM Valves AS Gamle Forusvei 25 4033 Stavanger, Norway T: +47 51 71 95 20 E: [email protected] IKM Uniteam Offshore AS Gamleveien 25, 4315 Sandnes, Norway T: + 47 51 64 90 00 E: [email protected] Dept. Bergen Bredalsmarken 15, entrance B, 7 floor, 5006 Bergen, Norway T: +47 55 69 11 34 E: [email protected] Subsea / Completion / Commissioning Topside Rental • Pressure and vacuum testing • Chemical cleaning • Oil flushing / oil cleaning • Nitrogen services (N2/He leak testing) • Video inspection • Bolting work services • Hydrojetting • Air treatment • Flow coding / labelling / tagging • Certification of accumulators • Maintenance of heat exchangers • HVAC cleaning • Pipe freezing • Vacuum cleaning of vessels /tanks • Preservation • Cold Cutting • Flange facing • Hot- / cold tapping • Tank cleaning • Decommissioning • LRA/NORM handling • Cleaning in place (CIP) • Pumps and tanks • Inspection equipment • Bolt working equipment • Drying and filter units • Flanges and plugs • Air compressors • Testing equipment • Hydraulic hose reels • Hot water cleaners Subsea • Pigging / pipeline services / RFO / PCO • Umbilical services • Subsea spools services • Subsea template/manifolds services Drilling services Training courses • Bolt tensioning (OLF118) • Fittings and small bore systems (OLF120) • Valves (OLF 119) • Compact flanges • Pressure testing • Hot oil flushing • Hydrojetting ROV services • ROV operations • Sale of ROV‘s • Trencher operations • Sale of Trencher’s • Survey and inspection services • Manufacture of subsea equipment Mooring services • Mooring services for semi-subs. • Cuttings transport System (CTS) • Mud recovery without riser (MRR) • Nitrogen well displacement • Scale squeeze inhibition pumping • Acid simulation services • Offshore waste handling Companies in the division IKM Testing AS Ljosheimvegen 14, 4050 Sola, Norway T: +47 51 64 90 00 E: [email protected] Dept. Bergen Ågotnes Industripark Pb. 97, 5346 Ågotnes, Norway T: +47 56 31 27 70 E: [email protected] Dept. Kristiansund NorSea Vestbase, Pb. 2223 6503 Kristiansund, Norway T: +47 71 58 07 60 E: [email protected] Dept. Hammerfest Bøkkerveien 9 9600 Hammerfest, Norway T: +47 78 01 11 00 E: [email protected] IKM Testing Asia Pte. Ltd. 117 Defu Lane 10 Singapore 539229 T: +65 6777 8803 E: [email protected] IKM Testing Australia Pty. Ltd 33 Kewdale Road Welshpool WA 6106 Australia T: +61 8 9452 6100 E: [email protected] IKM Testing Brasil LTDA Rua Araújo Porto Alegre, 70 – Sala 1206, Centro, Rio de Janeiro, RJ, CEP: 20030-015 T: +55 21 2524 3143 E: [email protected] Dept. Macaé Av. Prefeito Aristeu Ferreira da Silva 545-Granja dos Cavaleiros, Macaé - RJ Cep:27930-070 T: +55 21 2524 3143 E: [email protected] IKM Testing Malaysia Sdn. Bhd 35J-2-9, KLSC, Jalan Wangsa Delima 5, Wangsa Maju 53300 Kuala Lumpur, Malaysia T: +60 19650 6949 E: [email protected] IKM Testing Poland Sp. z o.o. Ul. Trzy Lipy 3, 80-172 Gdansk, Poland T: +47 51 64 90 00 E: [email protected] IKM Testing Canada Ltd 40 St. Anne’s Crescent, Paradise, NL A1L 1K1 St Johns, Newfoundland, Canada T: +1 709 782 5051 E: [email protected] IKM Testing Spain SL Poligono Industrial «El Trocadero» C/Holanda, Nave 23,C.P. 11510 Puerto Real, Cadiz, Spain T: +34 956 47 47 41 E: [email protected] Dept. Halifax 30 Colford Drive,PO Box 100, Head Chezzencook, NS, B0J 1N0, Canada T: +1 902 827 2587 E: [email protected] IKM Testing Thailand Co. Ltd 72/2 Moo 3, Phala Sub-district Banchang District, Rayong 21130, Thailand T: +66(0) 38601 996/997 E: [email protected] Dept. Alberta 10604 151 Street NW Edmonton, AB, T5P 1V5, Canada T: +1 780 232 5999 E: [email protected] IKM Testing UK Ltd Unit 42 Coldbourne Crescent, Nelson Park, Industrial Estate, Cramlington, Northumberland, NE23 1WB, UK T: +44 1670 707265 E: [email protected] IKM Testing Kazakhstan LLP Atambaeva street, 12/A 060005 Atyrau, Republic of Kazakhstan T: +7 (7122) 25 15 69 E: [email protected] Dept. Aberdeen Innovation House, Howe Moss Road, Dyce, Aberdeen, UK, AB21 0ER T:+44 1224 725599 E: [email protected] IKM Subsea AS Nordlysveien 7, 4340 Bryne, Norway T: +47 962 00 210 E: [email protected] IKM Subsea Singapore 48, Loyang Way, Singapore 508740 T: +65 6592 8597 E: [email protected] IKM Subsea Malaysia 35J-2-9, KLSC, Jalan Wangsa Delima 5, Wangsa Maju 53300 Kuala Lumpur, Malaysia T: +60 19650 6949 E: [email protected] PT IKM Indonesia Mail: Ruko Bukit Beruntung, Block C, no. 2, Batam, Indonesia Office: Puri Industrial Park 2000 Jl. Engku Putri, Block C, No. 10A Batam Centre – 29453 Indonesia T: +62 778 469211 E: [email protected] IKM Cleandrill AS Straume Teknologisenter, Trollhaugmyra15, 5353 Straume, Norway T: +47 64 90 00 E: [email protected] IKM Mooring Services AS Ljosheimvegen 12, 4050 Sola, Norge T: +47 64 90 00 E: [email protected] Engineering / Operations Consultancy services Marine pipeline engineering • Multidiscipline engineering services • Project management and project control • Procurement and contract services • Logistics and MA services • Subsea and marine, drilling and well • Subsea and pipelines: - Field development - Engineering/design of marine pipelines - Flexible/rigid risers - Installation engineering - Subsea production systems • Design and construction of: - Subsea structures - Tie-in modules/systems - Subsea manifold systems Operation/service personnel • Crane operators • Mechanics • Flag men • Heliguards Operation and maintenance services • Operation / maintenance personnel / engineers • Studies and operations engineering • Early phase planning and prepare for operations • All type of manpower for execution and maintenance • Implementing of maintenance management in Client’s system • Maintenance concepts • Planning and execution of corrective and required maintenance, campaign maintenance, shut down activities • Maintenance management / Inspection programs • Life-time studies • Risk Studies. Topside engineering • Structure design • Piping Crane and lifting services • Maintenance, modifications and certification of: - Offshore/ship cranes, lifting equipment - Lifeboats/mob-boats/lifesaving equipment • Certification/maintenance/supply of lifting equipment • Rental equipment • Delivery of related engineering, mechanical work/fabrication Fire/blast protection and winterization systems • External fire and blast walls • Internal fire walls • Explosion relief panels • Heat shields and wind shields • Louvre systems • Escape tunnels • Glazed partitions and internal partitions • Winterization walls and doors Companies in the division IKM Consultants AS Ljosheimvegen 12 4050 Sola, Norway T: +47 51 69 51 00 E: [email protected] IKM Ocean Design AS Vassbotnen 1, Pb. 99 4064 Stavanger, Norway T: +47 51 21 21 00 E: [email protected] IKM DSC Engineering AS Dølasletta 3 3408 Tranby, Norway T: +47 32 22 65 80 E: [email protected] IKM Kran og Løfteteknikk AS Tankbåtvegen 1 4056 Tananger, Norway T: +47 51 64 81 00 E: [email protected] Dept. Bergen Kokstadvegen 23 5257 Kokstad, Norway T: +47 55 69 42 02 / 03 / 04 E: [email protected] Dept. Trondheim Gryta 2B 7010 Trondheim, Norway T: +47 73 19 72 00 E: [email protected] IKM Operations AS Ljosheimvegen 12 4050 Sola, Norway T: +47 51 64 90 00 E: [email protected] IKM Service AS Ljosheimvegen 12 4050 Sola, Norway T: +47 51 64 90 00 E: [email protected] Dept. Horten Storgt. 38 3182 Horten, Norway T: +47 33 04 27 40 E: [email protected] IKM Ocean Design Australia Pty. Ltd 33 Kewdale Road, Welshpool WA 6106 Australia T: +61 08 9452 6100 E: [email protected] Dept. Tranby Dølasletta 3 3408 Tranby, Norway T: +47 32227251 / 32227252 E: [email protected] Fabrication / Inspection CNC-machining • CNC thin plate machining • 3D measuring • Milling HVAC and mechanical industry • Maintenance and modifications • Sheet metal/welding and machining • Water jetting • Fabrication and installation • Mechanical design / 3D modelling / 3D scanning • Fabrication of stainless steel products • Contracting personnel • Material handling and lifting equipment • Retail engineering • System engineering • Commissioning • Service • Offshore survey and rapport Inspection • NDT/Material inspection • Third party verification • Inspection services Subsea • ROV-tooling • Construction of subsea equipment Surface finishing • Pre-treatment • Powder coating • Laser engraving Construction contracts Companies in the devision IKM Haaland AS Skogateigen 28 4362 Vigrestad Pb. 23, 4369 Vigrestad, Norway T: +47 51 79 20 00 E: [email protected] IKM HVAC AS Hillevågsveien 107 4016 Stavanger, Norway Pb. 3515, 4078 Stavanger T: +47 900 32 045 E: [email protected] IKM Industrigravøren AS Fabrikkvegen 6 4362 Vigrestad, Norway Pb. 55, 4369 Vigrestad T: +47 51 64 13 30 E: [email protected] IKM Minic AS ASCO-basen, Horvnes 8800 Sandnessjøen, Norway T: +47 95 25 28 50 E: [email protected] IKM Maskinering AS Breivikveien 17, Nordmarka 4120 Tau, Norway T: +47 51 75 44 44 E: [email protected] IKM Inspection AS Holmejordetveien 21A, Pb. 68, 3291 Stavern, Norway T: +47 33 13 24 50 E: [email protected] IKM Mekaniske AS Jåttåflaten 10 4020 Stavanger, Norway T: +47 51 82 56 00 E: [email protected] Dept. Sola Ljosheimvegen 12 4050 Sola, Norway T: +47 51 64 90 00 E: [email protected] Dept. Arendal Arendal Kunnskapspark, 4808 Arendal, Norway T: +47 48 00 59 71 E: [email protected] Dept. Nærbø Bjorhaugslettå 9 4365 Nærbø, Norway T: +47 51 79 17 20 E: [email protected] Dept. Fyresdal Molandsmoen 3870 Fyresdal, Norway T: +47 35 04 15 00 E: [email protected] Dept. Bergen Holmejordetveien 21A, Pb. 68, 3291 Stavern, Norway T: +47 33 13 24 50 E: [email protected] IKM Stål & Fasade AS Sandvikveien 30, 4016 Stavanger Pb. 1134, Hillevåg, 4095 Stavanger, Norway T: +47 51 82 64 64 E: [email protected] Dept. Stavanger Tankbåtveien 1, 4056 Tananger, Norway T: +47 474 77 067 E: [email protected] IKM Mekaniske Kristiansund AS Dalegaten 137 6518 Kristiansund, Norway T: +47 70 33 14 00 E: [email protected] Dept. Haugesund Eikeskogveien 23 5570 Aksdal, Norway T: +47 51 82 64 64 E: [email protected] IKM Røntgenkontrollen AS Evjeløkka 7 1661 Rolvsøy, Norway T: +47 69 36 19 50 E: [email protected] IKM Technique AS Torneroseveien 12 4315 Sandnes, Norway T: +47 51 80 05 20 E: [email protected] History Year Establishments Acquisitions 1989 Instrumentering Kalibrering og Måleteknisk Laboratorium AS (originally Hydrotech Laboratorium AS), renamed to IKM Laboratorium AS 1992 IKM Testing AS 1994 IKM Engineering & Kompetansesenter AS, IKM Mekaniske AS and IKM Kristiansund AS 1995 Scana Hydrotech AS and Alfred Paulsen Contracting AS 1996 Dept. in Bergen for IKM Testing AS and IKM Laboratorium AS IKM Engineering AS (Idavoll AS) 1997 IKM Stillas AS Gjerseth Elektro Contracting AS, Alltex AS (serviceavdelingen) og Semco Industri AS 1998 IKM Testing UK Ltd and IKM Testing Asia Pte. Ltd (Singapore) Kystbasen Vedlikeholds Senter AS and Subsea Design AS 1999 Visman AS and IKM Offshore Development AS (Offshore Development AS) IKM Mekaniske AS invests in new workshop in Jåttåvågen 2000 IKM Testing Canada Ltd. and Wellcon AS (34%) 2001 IKM Kran og Løfteteknikk AS 2002 IKM Testing Spain SL. 2003 IKM Service AS and Merlin Subsea AS Everclean International AS, Odim Hitecs dept. for Industrial-automation, Hitec Instrument (80%) and ACGS Pte. Ltd. in Singapore 2004 IKM Larsen & Mortensen AS (Steinsvik Maskinindustri, dept. Stavanger), OIS Inspection AS, IKM Ocean Design AS (51%) (former JP Kenny Norge AS), and Textrain (UK) Ltd. 2005 IKM Valves AS IKM Mekaniske Kristiansund AS (Noomas Offshore AS) 2006 IKM Testing Australia Pty. Ltd. IKM Instrutek AS (Instrutek AS) og IKM Morgenstierne AS (Morgenstierne Tekniske AS) 2007 IKM Production Technology Sdn. Bhd (Malaysia) Subsea Management Systems som fusjoneres inn i IKM Consultants AS (IKM Offshore Development AS), IKM Testing avd. Harstad (Altinex Services AS), IKM Årdal Mekaniske AS (Årdal Mekaniske Verksted AS) og IKM Production Technology AS (Altinex Reservoir Technology AS) 2008 IKM Testing Kazakhstan LLP IKM DSC Engineering AS (DSC Engineering AS) (67%), Arne Bø Pedersen AS (dept. for bolt working) and Jacobsen Services AS 2009 IKM Subsea AS, IKM Operations AS, IKM Maskinering AS (merger of IKM Larsen & Mortensen AS, IKM Årdal Mekaniske AS and Moland Mekaniske AS), IKM Testing Brasil LTDA and IKM Testing Thailand Co. Ltd Moland Mekaniske AS 2010 IKM Ocean Design Australia Pty Ltd Project Partner AS, IKM Technique AS (Technique AS), IKM Miljøteknikk AS (Miljøteknikk AS) and IKM Haaland Group AS (Haaland AS, Industrigravøren AS, Haaland Elektronikk AS) and Chem Tech Services Ltd 2011 IKM Subsea Singapore Pte Ltd, IKM Subsea Malaysia, IKM Testing Malaysia Sdn. Bhd and IKM Testing Poland Sp. z o.o. Cleandrill AS, Ceragon Networks AS (instrument- and the calibration dept.), Electro Partner AS, Røntgenkontrollen AS and Norweld Control Services AS 2012 IKM Mooring Services AS IKM Minic AS (Minic AS) (51%), IKM HVAC AS (HVACsolutions AS) (51%), Fevik NDT AS, R13 (IKM Testing Brasil LTDA), IKM Norwegian Technology Solutions AS (Norwegian Technology Solutions AS) (67%), IKM Stål & Fasade AS (Stål & Fasade AS) (100%) and IKM Uniteam Offshore AS (Uniteam Vest AS) (51%) Establishments 1989 1990 1991 Revenue (milestones) Acquisitions 1992 Mergers/demergers 1993 1994 Share purchases 1995 250 mill. 1996 1997 Sales 1998 1999 700 mill. 2000 2001 2002 Mergers/demergers Share purchases Sales 34% of Midt-Norsk Stillas AS IKM Stillas AS and IKM Visman AS merge with KAEFER Maritim AS. Change of name: KAEFER IKM AS. 23,29% of Rosenberg Verft AS IKM Elektro AS demerges from IKM Gjerseth Elektro AS, which in turn changes name to IKM Automasjon AS. IKM Automasjon AS and IKM Mekaniske AS (fabrication dept.) 2003 Arne Bø Pedersen AS (dept. for bolting work) and Jacobsen Services AS merged with IKM Testing AS. KAEFER IKM AS and Rosenberg Verft AS (28.4%) Electro dept. in Electro Partner AS merges with IKM Elektro AS, Marine dept. in ElectroPartner AS merges with IKM Instrutek AS, IKM Miljøteknikk AS merges with IKM Laboratorium AS, IKM Haaland Group AS merges with IKM Gruppen AS, Project Partner AS merges with IKM Consultans AS Haaland Elektronikk AS 2004 2005 2000 mill. 2006 2007 2008 2500 mill. 2009 2010 2011 4000 mill. 2012 Indonesia Thailand Singapore Malaysia Kazakhstan Australia Poland Norway UK Spain Brazil Canada Electrical/Instrument/Process Subsea/Completion/ Commissioning Engineering/Operations Fabrication//Inspection Our focus is growth! www.IKM.com
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