We bring energy to its destination

Integrity | Teamwork | Strive to be Better

Linear InfrastructurePipeline Construction

Surface FacilitiesCables and Power

Operations and Maintenance Water Management

Project Management Collaborative Contracting

We believe in Integrity, Teamwork and Striving to be Better, these are our values and they are embedded everything we do and all decisions we make.

We deliver high quality, safe and sustainable engineering and construction solutions for Linear Infrastructure and Surface Facilities.

We specialise in developing tailored solutions for construction of pipelines for Water, Slurry, Oil and Gas, as well as Power and Communications. We keep everything centralised and offer a one stop solution that includes, design, engineering, construction, commissioning and maintenance for all project types.

We also offer advice, cost solutions and management for Wellsite Water Management, Operations and Maintenance.

People often say that we are only as good as our last project …. Nacap has been consistently building capability and experience from our last project in Australia for the last 30 years.

At Nacap, it is all about people, culture, systems and our track record.

It makes me proud to be associated with a group of people who have consistently delivered outstanding results and who strive enthusiastically to build on this reputation in the future.”

Matthew O’Connell, President

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Victoria Desalination Project

HDPE Water on IPW, Queensland

Soil Testing on Woleebee Lateral Work, Queensland

QSN3 Lowering-in, Queensland

VNIE Stage 2, Victoria

3Clear and Grade Operations on Cooper Basin Flowlines, South Australia

About Us 6

Our Clients 8

Who We Are 9

How We Work 10

What We Value 12

Our Services 16

Oil and Gas 19

Water 19

Slurry 20

Power 20

Communications 21

Surface Facilities 21

Water Management 22

Operations and Maintenance 22

Project Management 23

Collaborative Contracting 23

What We’ve Done 24

Contents

Victorian Desalination Pipeline

Nacap was a 50% partner in this successful joint venture, which was one of the largest water pipelines built in Australia in recent times

Nacap is a Quanta Services Company, reporting through Quanta Services Australia.

Quanta, a S&P 500 Company is US based with U$7.9B in revenue in 2014. Quanta Services is a leading provider of specialised contracting services, delivering infrastructure solutions for the electric power, natural gas and pipeline and telecommunication industries.

Nacap is a leading pipeline and surface facilities construction contractor in Australia. Nacap success derives from experienced staff, well-developed management systems and a modern fleet of plant and equipment.

We have an excellent safety record and proven ability to provide a range of services from project management and design through to construction and commissioning.

Nacap formed our company and entered the oil and gas industry in 1984 and are now known as one of Australia’s premier contractors. The company has proven itself with the responsible, safe and successful execution of challenging and renowned projects. We have the capacity to offer end-to-end service for any onshore pipeline in any environment.

Nacap’s experience in the oil and gas industry extends from small diameter steel, and HDPE gathering and flowlines through to larger diameter and long distance welded steel transmission pipelines. The staff at Nacap has significant experience with mechanical installations such as compressor stations, metering stations, mid line and end of line facilities.

We have worked on projects of all sizes, from contracts valued at $2 million to more than $500 million. Nacap has worked with some of the biggest asset owners in Australia as well as major multinational and Australian organisations in LNG, oil, gas, water and mining.

Nacap is committed to providing safe and sustainable outcomes to the construction industry. This is underpinned by its core values of Integrity, Teamwork and Strive to be Better.

About UsAt Nacap, we bring energy to its destination. On time, every time.

Teamwork | Integrity | Strive to be Better

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Welding Rigs on Western Tranche, Queensland

Nacap IPLOCA 2013 Award Acceptance for Health and Safety Initiatives

2011 Cooper Cup Sponsored by Nacap

Nacap Fauna Handlers have removed over 21,920 animals from trenches since 2008 with a mortality rate of less than 4.2%.

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Our ClientsOur goal is to complete each and every project without any commercial litigation. We have achieved this goal without exception for decades. We achieve this by open and honest communication which is underpinned by our values of Integrity, Teamwork and Strive to be Better.”

Robert Bateman, Head of Commercial and Legal“

8

Flowing on from these values is a commitment to the development of teams and individuals so not only do we achieve organisational objectives but that we achieve our personal and family aspirations.

Nacap is a group of highly engaged people. This is evidenced by the excellent engagement score we received in the 2014 AON Hewitt Best Employer Survey. We received a score of 74%, which placed us well above the industry average 58% in Australia.

To maximise the competency of our people we have created a series of interactive knowledge transfer modules where leaders of the business share their experiences and knowledge. While the program is aimed at our Engineers we invite all of our people to these sessions. Modules topics include safety management, project management, cost control and reporting, head contracts, subcontracts, quality assurance and quality control, welding fundamentals and hydrostatic testing.

Our managers are practical, clear thinkers with decades of experience on project sites. We have a flat structure and we are relatively informal in our everyday work. This allows us to be highly responsive and flexible throughout our operations. Our flexibility assists us in achieving a high level of teamwork, including cross functional employees who are able to take on different roles and responsibilities.

Who We AreWe pride ourselves on living our values; Integrity, Teamwork and Strive to be Better, as they have made

us successful.

President

Matthew O’Connell

Executive VP

Rick Boreham

VP Development and Strategy

John Frith

OperationsManager

Angus McTavish

VP Operations

Ben Rees

Head of Commercial and Legal

Rob Bateman

Head of HSEQ

Tony Vervest

Human Resources Manager

Brian Watson

Chief Financial Officer

Donna Dai

Nacap Safety Audit on IPW, Queensland, Australia

9

We challenge ourselves to have solid frameworks for leadership development, talent management, employee engagement. The result is the delivery of projects that benefit our clients and our company.

Our people are enthusiastic and results oriented; and combined with our expertise and proven capabilities, we have developed lasting relationships with our clients, suppliers and subcontractors – thereby creating repeat business.

How We WorkNacap is led by its senior management team and project personnel who have extensive experience in

collaborative contracting. The ability to integrate into our clients’ organisations and understand key project

drivers is integral in Nacap delivering real solutions to the project value of the project.

Our cornerstones that underpin the success of our business

HSEQ

Sustainability People

Ensure that the business remains viable into the future under the broadest range of foreseeable

market conditions

Have the right numbers of the right people, in the right place,

at the right time to deliver on our commitments and manage risk

Do No HarmEveryone Safe Every Day

Deliver positive environmental outcomes that add value to our businessDeliver industry best practise outcomes

that comply with all legal and contractual requirements

Finance & Administration

To provide best practise administration systems and process to support the needs of the business

Consistently meet budget targets for profitability, other key financial indicators to maintain

independent and local lines of credit

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At Nacap we understand the challenge of mobilising a large multi-skilled workforce, often to remote areas for projects of varying duration and complexity. Specifically, the challenge of building a culture of high expectation and high accountability to create standards of behaviour that are consistent with the Nacap values on projects that rapidly ramp up over long distances. We believe in a positive and proactive approach to the successful delivery of our projects, where safety, quality, environment and productivity are all in balance to achieve the desired result.”

Angus McTavish, Operations Manager “

We believe that the Four Pillars are the basis of a successful project. Each pillar needs to be in balance to achieve the solutions we set out in the beginning.

Nacap four pillars that underpin the success of our projects

At Nacap, we recognise that everything we do has an impact on people, community, stakeholders and

the environment. We believe in being productive and delivering high standards for our clients.

SAFETY I QUALITY I LECH I PRODUCTIVITY

QSN3 Special Crossing Welding Crew, Queensland

11

What We ValueWe are committed to delivering high quality, safe and sustainable engineering and construction solutions.

Teamwork

Strive to be better

Integrity

Open and honest communication: right person, right time, right way

Listen, share and engage

Support others: be selfless and show respect. Build the capability of others

Make things easy for the people behind you

Provide clear expectations

Do the right thing

Be accountable, do as you say

Do no harm

Turn up fit for work

Take responsibility, solve the problem

Always have a plan

Coach and develop others, share knowledge and experience

Seek and provide feedback

Actively seek out development opportunities

Find a better way; innovate; challenge the norm

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Nacap works to continuously improve quality performance with strategies such as Continuous Improvement, Best Practice, Guidance Notes, Document review programs and Training programs. We believe work crews who take the time to plan their work, assess the risks, and are cognisant of change, are likely to meet or exceed production and quality targets.

Nacap has an annual review process, which flows from the ISO 9001 required Management Review. We address Quality management with project specific audit and inspection programs, in addition to the corporate TQM audit schedule.

Quality FocusWe aim for consistency in how we do our work, to strive for

efficiency and effectiveness.

We are totally and unconditionally committed to Health and Safety as being the “Number One” priority. We have set a “zero” target for accidents and injuries on all Nacap construction projects and have maintained a LTIFR and TRIFR well below industry averages over the past 5+ years. This is clearly evident in our commitment to ongoing innovation in this area. We train our people to identify and speak out when they see unsafe behaviours and to build on best practice to reduce unsafe acts.

This is supported by extensive OHS training and behavioural programmes aimed at enabling our people to act safely and responsibly. Our commitment to health and safety has received awards and recognition.

Safety FirstNacap believe that safety is an investment and it is central to the way we behave.

“Safe Run Home” with Darren Lockyer, APLNG Projects

APIA 2013 Health and Safety

Award Acceptance

HDPE Pipelines, Queensland

“ I passionately support our behavioural based programs, such as ‘Time Out For Safety’; it supports our values by adopting the principle of See Something, Say Something, Do Something.”

Tony Vervest, Head of HSEQ

IPLOCA 2014 Runner-up for Nacap’s Journey

Management and Plant Assessor Initiatives

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As a caring business, we aim to lead the industry in environmental management and performance by moving beyond compliance. We efficiently use natural resources, minimise waste, preserve cultural heritage and minimise environmental impact. Nacap educates its people to continually improve knowledge of environmental aspects and best practices

Caring for the EnvironmentWe care about protecting the environment.

Nacap continues to develop the basis of a Behavioural Based Leadership Program aligned with Project culture requirements. The guiding principles of the program are developed against the challenges the industry faces with a largely itinerant workforce exposed to different cultures, expectations and levels of accountability as they move from project to project.

We are proud of our people whose enthusiasm, skills and team spirit are paramount to our success. We are committed to motivating our people by providing excellent training and development opportunities.

Being ProductiveWe work with our people to establish clear expectations, accountabilities and consequence. We believe in

having the right number of people in the right place at the right time to deliver on our commitments.

“Our people are our greatest asset. We focus on developing the career potential and capabilities of our people.”

Brian Watson, Head of Human Resources

Victorian Desalination Project

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We take our social responsibility very seriously. Nacap works hard to adhere to project commitments; heritage, the environment, our stakeholders and local communities. This is a two-fold approach whereby potential adverse impacts are identified, assigned a risk rating and those risk and potential outcomes are mitigated.

Social growth and improvement opportunities are identified, strategies to capitalise on these are devised and implemented.

The involvement of traditional owners and the management of indigenous cultural heritage sites is an integral part of our construction process. Daily liaison with landowners and community via proponents promote open communication of construction impacts and community expectations throughout the duration of projects.

Social Responsibility with StakeholdersNacap is committed to ensuring the social impact of its activities resulting from construction is positive

overall.

In the past we have participated through sessions, fundraising nights, attending local events as well as a range of other activities.

Each project identifies where they can best provide support in the community after engaging that community. We are honoured to have been involved in numerous events that have raised amounts to support local communities and needs.

Examples of organisations we have assisted in this way includes but is not limited to The Royal Flying Doctor Service, the Quilpie Kindergarten, the Tara Primary School, Meals on Wheels in Roma, Wandoan Wildcats and Dulacca State School.

In line with our commitment to Social Responsibility, Nacap has a proud history of

engaging with local business, schools, and community support organisations.

Working with Communities

Victorian Desalination Project

15

We have the logistical experience for the successful completion of projects in remote regions throughout Australia. Success is achieved with our highly skilled and dedicated workforce, extensive plant and equipment resources and robust financial backing.

Nacap owns a large fleet of modern and well-maintained specialised pipeline construction equipment including pipelayers, bending machines, trenchers, welding / coating tractors and hydrostatic testing / air drying equipment.

Our ServicesNacap provides a wide range of services to the linear construction industry.

We offer full multi-disciplinary versatility and flexibility - from engineering and procurement to

construction management and maintenance.

Nacap is well versed in the establishment and operation of temporary construction camps to support linear construction operations in remote and difficult terrains. We have the resources to plan, implement and successfully conquer the logistical challenges of fast tracked long distance linear construction projects.” Ben Rees, Vice President - Operations“

We have sufficient equipment to service a number of simultaneous pipeline spreads with reliable and efficient resources suitable for projects in any terrain.

QSN3 ProjectKey project outcomes included: completed safely, on time and within budget, a demonstration to external financiers of a robust planning and cost assessment process, expedient resolution to technical and commercial issues, noting the project experienced several severe weather (1 in 100) events and adverse climatic conditions including bushfires.16

Sustainable Framework for Positive Legacy

Nacap has significant local insight into issues and opportunities for sustainable delivery of linear infrastructure. We successfully completed pipeline installation of the 392km North Queensland Gas Pipeline (NQGP) for Enertrade from Moranbah to Townsville, which proved to be a benchmark project in relationship contracting. Nacap has also delivered the QSN3 (Stage 3) expansion of the 938km Queensland and South Australia pipeline system for Epic Energy.

More recently, Nacap has worked with APLNG assisting them with their work involving HDPE Gathering, Power, Telecommunications, Facilities, as well as Transmission Steel Pipelines. Whilst these have been traditional lump sum contracts, they have been executed using collaborative contracting principles.

Repeat business builds on Nacap’s successful delivery record, demonstrating client satisfaction with Nacap’s execution and testament to the integration, trust, respect and cooperation achieved on this fast-track ECI project.

High PerformanceOn multiple projects over the past decade, Nacap has setstretch targets for KPIs to achieve client objectives.

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With various technical disciplines in our organisation (civil, mechanical, electrical, instrumentation, cables and pipelines), we keep everything in-house and offer a “one stop” total solution. Nacap can bundle any phases in the ‘life cycle’ (design, engineering, construction, commissioning and maintenance) and can assist by provision of Total Out-turn cost proposals.

Total Out-Turn Cost Proposals

Nacap places great value on developing ongoing relationships with our clients. We achieve this by a tangible daily commitment to all our values across all sectors of our business which underpin our reliability. That is why Nacap is the preferred business partner for a large number of respected clients.

Partnerships

Wimmera Mallee Water Facilities, Victoria

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We have been active in this sector since 1984 and are responsible for the safe and successful execution of some of the most challenging and recognisable projects in this country.

We have the capacity and capability to offer end-to-end service in this sector for any onshore pipeline, including facilities, in any environment.

Oil

and

Gas

Nacap has long been recognised as one of the premier pipeline construction contractors in the

Australian oil and gas market.

Nacap’s experience covers small diameter plastic pipes to large diameter steel pipes, large diameter sewer pipes, pump stations, steel tanks and earthen storages, water filtration plants, pressure reducing stations plus communication and controls system.

Nacap successfully completed the Victorian Desalination Project Transfer Pipeline, managing a range of risks including complex geological conditions, accelerated design and procurement, plus challenging logistics to meet the construction deadline.

Nacap’s presence in the water industry is backed by a strong commitment from the organisation to provide a long term service to the industry, through a collaborative and relationship approach.

Through our involvement in a diverse range of projects in the oil and gas, communication and power sectors, Nacap has maintained an outstanding safety record and brings oil and gas safety disciplines to the water industry where the systems and processes are already developed and tested.

Nacap has invested in key personnel from the water industry that covers design management, construction management and superintendents with experience from small to large projects in all aspects of the water industry, including water, wastewater and recycled water.

Wat

erNacap Australia has a history in delivering water infrastructure projects stretching back to the

1980’s in Australia, today Nacap continues to deliver world class projects.

North Queensland Gas Pipeline

Victorian Desalination Project

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We have constructed slurry and return water systems transporting iron ore and zinc.

Slur

ry Nacap has been active in slurry pipeline construction having successfully completed both

HDPE lined and unlined systems.

Nacap is a provider of power asset construction services to utility authorities, energy,

mining and other infrastructure asset owners.

“We have a proud history of successfully delivering complex gas and water pipeline projects for a broad range of clients in challenging conditions from the remote outback and regional Australia to the jungles and swamps of South East Asia.”

Rick Boreham, Executive Vice President

We offer solutions that include procurement, construction, testing and commissioning across high voltage electricity transmission assets.

We have the skills and knowledge in EPC, design / build, supply and construct for underground electrical transmission cable systems. We are experienced in cable installation to the most stringent specification and can offer a wide range of services including, procurement of cable, earthworks, directional drilling, joint bay construction, cable installation, thermal resistivity (TR) testing of native soils and controlled thermal bedding and provision of detailed as-constructed documentation.

We have been providing integrated construction services which include the construction of 84 kilometre 220kV high voltage below ground cables for the Victorian Desalination Project which was co-located with a 2m diameter water transfer pipeline and communication fibre optic cables.

The experience of Nacap, allows us to offer services in transmission lines such as lattice tower, foundation, civil and electrical assets.C

able

s an

d Po

wer

Century Mine Pipeline Replacement Project

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We offer solutions that include procurement, construction, testing and commissioning of telecommunications assets.

Nacap has the skills and know-how in EPC, design / build, supply and construct for underground fibre optic cables. We are highly experienced in horizontal directional drilling, trenchless installation including the latest plough cable / conduit installation to the most stringent specification.

We have been providing integrated construction services, which include the backbone fibre optic cables for the Victorian Desalination Project, Rosevale to Bridgewater for Duke Energy, Project Magnet for Onesteel and for APLNG for their Infield Pipeline Works in Queensland.

The experience of Nacap, allows us to offer integrated construction services across power, water and gas projects. We are highly experienced in construction planning, installation and splicing of fibre optic cable, construction of pits, connection points and as-constructed documentation. C

omm

unic

atio

nsNacap Australia offers specialist telecommunications construction services to the utility asset

owners including, water, energy, mining and other infrastructure sectors.

Nacap work alongside our sister company and compression specialists, Enscope to provide surface facility solutions on projects. We have been working together for over 8 years with our most recent partnership on the APLNG Facility Works in Queensland.

We strive to meet Client needs, as the evolutionary stages of project conception to execution requires a broad range of engineering, commercial and contractual elements to be brought together.

Many of these deliverables are mapped against the project phases, for which we offer either stand-alone services or supporting roles.

In house engineering and design capability for compression applications as well as experienced

engineering management personnel.

North Queensland Gas Facilities

Project Magnet, South Australia

Surf

ace

Faci

liti

es

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Nacap has joined forces with Scott & Ensoll to offer the oil and gas industry cost effective water management solutions.

Covering concept design, manufacture and field operations, this combination provides a complete turnkey product and service field offering.

The Nacap Scott & Ensoll grouping promotes a positive safety culture and active protection of the environment with a goal of zero harm.

Wat

er M

anag

emen

t

Nacap has identified the need for local water management that can service projects

in a more cost effective way.

Nacap has a proven track record, ranging from above-ground or underground, high-pressure or low-pressure pipelines for liquids and gases, in all materials, in every diameter and in all terrain / site conditions. Nacap can provide additional ‘in-house’ capability which extends to GIS data management for pipes, and maintenance services for underground linear assets.

Nacap Services team has recently acquired various maintenance contracts for GLNG and APLNG works in Australia.

Ope

rati

ons Operations management and maintenance are all part of our repertoire.

and Maintenance

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The ability of this team to integrate into our client’s organisations and understand key project drivers is integral in Nacap delivering real value in the management of projects.

Nacap has a proven history of successfully delivering construction projects using a collaborative style commercial structure which often convert to traditional fixed price lump sum contracts. We now find a large portion of our work is based on “relationship” contracting commercial structures whereby we work in an integrated team with our clients to deliver the range of project objectives.

Key to the success of an Early Contractor Involvement (ECI) period is the alignment of goals and objectives and the ability of the participants to deliver and perform to these objectives.

Sometimes these projects are negotiated on an exclusive basis with an open book pricing and transparent risk allocation, or alternatively we compete with other contractors whereby we are able to demonstrate the alignment of culture, capacity and capability of Nacap. Repeat business is the performance measure and we enjoy ongoing relationships with our clients across our business operations. C

olla

bora

tive

Con

trac

ting

Nacap is led by its senior management and project personnel who have extensive experience in

collaborative contracting

Our clients have seen the value in engaging Nacap early during the planning stage, thus providing them with greater scope for optimisation of project delivery as well as the opportunity to recognise, assess and ultimately determine how to overcome issues in advance and deliver truly best for project outcomes.”

John Frith, Vice President - Development and Strategy“

Project Management

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DBNGP PROJECTDampier to Gingin, WA194km of DN650 gas pipelines

WALLOONS PROJECTWallumbilla to Darling Downs, Qld205km of DN450 gas pipeline

QSN LINK PIPELINE PROJECTBallera, Qld to Moomba, SA183km of DN400 gas pipeline

QSN3 PIPELINE PROJECTWallumbilla, Qld to Moomba, SA938km of DN450 gas pipeline

SESA PROJECTPoolaijelo, Vic to Penola, SA45km of DN200 gas pipeline

WIMMERA MALLEE PIPELINEMurray to Culgoa, Vic800km of 100-350NB water pipelinesPump stations and Dams

PROJECT MAGNETWhyalla, SA62km of DN200 slurry and 400NB return water pipelines

VICTORIAN DESALINATION PROJECTWonthaggi, VIC84km of 1930NB water pipelines84km of 220kV power

TGP PROJECTRosevale to Bridgewater, Tas164km of DN200 gas pipeline

TALLAWARRA NATURAL GAS PROJECTNSW10km of DN250 gas pipeline

CENTURY ZINCQldSlurry DN300 Pipeline Replacement

COOPER BASIN FIELD DEVELOPMENTSAGas fl owlines and gathering pipelines

TIPTON WATER FLOWLINES, QldUpstream CSG Field Development

NQGPMoranbah to Townsville, Qld392km of DN250-300 gas pipelinesCompressor station

BREAM A GAS PIPELINEVic6km of DN300 gas pipeline

CODIE TRUNKLINEQld11km of DN500 gas pipeline

APLNG UPSTREAM PROJECTS, QldINFIELD PIPELINE WORKS117kms of 300NB - 600NB Steel Gas, 630NB Water Pipelines and FacilitiesWOLEEBEE LATERAL WORKS93kms of 600NB - 750NB High Pressure Steel Gas Pipelines and FacilitiesWESTERN TRANCHE71km x DN450 and 55km x DN600 high pressure steel Gas pipelines and Facilities

TALINGA PIPELINE COMPRESSOR FACILITY, Qld

WANDOAN INTERCONNECT FACILITY, Qld

VNIE STAGE 2Vic135km of DN400 Gas pipeline

What We’ve DoneKey Projects

Aerial Shot of Nacap Camp in Queensland

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2009 2010 2011 2012 2013 2014

350

300

250

200

150

100

50

14

12

10

8

6

4

2

TRIFR AU$ M

TRIFR - APIA (Industry)TRIFR - Nacap

TurnoverTurnover (in Hand)

SAFETY TURNOVER

“Over many years Nacap’s ability to negotiate and execute projects within the commercial and financial guidelines of all stakeholders has allowed us to be classified as a tier one constructor of underground infrastructure.”Donna Dai, Chief Financial Officer

Facilities work in 2014, Queensland

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Victorian Northern Interconnect Expansion Stage 2 (VNIE)Lowering In, 2015, Victoria

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At Nacap, we aim to provide a professional service that reflects our values. Our

Company is driven by the needs of our clients, our people and our business

partners. We are motivated by a passion to deliver the best project solutions.

Call us when you require a partner for your construction, engineering,

commissioning and maintenance needs.

Call us when you need people to deliver outstanding results when it matters

most.

Our differentiator is our people: They are the very best in the industry, available from within the Nacap Australia organisation, supported by well-developed management systems and a modern fleet of Nacap owned specialist pipeline equipment.

There is no learning curve at project start-up. It is an integrated, total package that makes the difference when it matters most.”

Matthew O’Connell, President“

Teamwork | Integrity | Strive to be Better27

Contact:Head Office

Level 1, 601 Doncaster RoadPO Box 103

Doncaster, VIC 3108

T: +61 (0) 3 8848 1888F: +61 (0) 3 8848 1899E: info@nacap.com.au

Brisbane OfficeLevel 2, 22 Cordelia Street

PO Box 3245South Brisbane, QLD 4101

T: +61 (0) 7 3328 8800F: +61 (0) 7 3328 8899

www.nacap.com.au

ContactJim Reaman, Business Development Manager j.reaman@nacap.com.au