UK Trade & Investment Australia - Food & Drink Webinar
Samantha borstlap trac presentation
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
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