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PARETO SECURITIES OIL & OFFSHORE CONFERENCE – Kvaerner Asa

Kvaerner Asa · Sep 10, 2014 · 11 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. PARETO SECURITIES OIL & OFFSHORE CONFERENCE – Kvaerner Asa – slide 1
    Pareto Oil & Offshore conference Jan Arve Haugan, President & CEO Holmenkollen Park Hotel, 10 September 2014 Eldfisk topside leaving Stord, Norway Kvaerner 2014 10.09.2014
  2. PARETO SECURITIES OIL & OFFSHORE CONFERENCE – Kvaerner Asa – slide 2
    HSSE our licence to operate 2 Kvaerner 2014 10.09.2014
  3. PARETO SECURITIES OIL & OFFSHORE CONFERENCE – Kvaerner Asa – slide 3
    A Norwegian-based market leader TOPSIDE & FLOATERS JACKETS CONCRETE ONSHORE Leading Norwegian Global leader in EPC contractor for marine concrete European leader Leading EPC in steel jackets contractor to the onshore plants…
  4. PARETO SECURITIES OIL & OFFSHORE CONFERENCE – Kvaerner Asa – slide 4
    Opportunities: Two years of improvements are yielding results 4 Kvaerner 2014 10.09.2014
  5. PARETO SECURITIES OIL & OFFSHORE CONFERENCE – Kvaerner Asa – slide 5
    Increasing competitive power for new contracts Internal improvements Targeting 15 % cost reductions Jackets (ready) Procurement bulk material (ready) 15 % Engineering (ongoing) Topsides, floaters, onshore (ongoing) Concrete…
  6. PARETO SECURITIES OIL & OFFSHORE CONFERENCE – Kvaerner Asa – slide 6
    International delivery model Subcontractors in Poland 6 Kvaerner 2014 10.09.2014
  7. PARETO SECURITIES OIL & OFFSHORE CONFERENCE – Kvaerner Asa – slide 7
    Our competitive edge: Expertise - Execution model - Cost control - Predictability GUDRUN CLAIR RIDGE EDVARD GRIEG Hook-up FEED E P C & Engineering Procurement Construction completion MARTIN LINGE ELDFISK 7 Kvaerner 2014…
  8. PARETO SECURITIES OIL & OFFSHORE CONFERENCE – Kvaerner Asa – slide 8
    Balanced portfolio of on-going projects Solid platform for new contracts Asta Hansteen: Services for inshore and Johan Sverdrup: Jackets EPC Eldfisk 2/7S: EPC for topsides as well as offshore hook-up and commissioning cffshore…
  9. PARETO SECURITIES OIL & OFFSHORE CONFERENCE – Kvaerner Asa – slide 9
    Johan Sverdrup Letter of Intent for 2 jackets Joint venture with KBR Project start-up: Q3 2014 Established for delivering EPC bids for platform topsides Final contracts : Q4 14 (RP) and Q2 15 (DP) Proposals to be based on efficient…
  10. PARETO SECURITIES OIL & OFFSHORE CONFERENCE – Kvaerner Asa – slide 10
    Strategic development 2011-2014: a wide range of successful project deliveries Downstream businesses sold, full focus on upstream oil and gas Improvement initiatives throughout the value chain to improve competitiveness Kvaerner…
  11. PARETO SECURITIES OIL & OFFSHORE CONFERENCE – Kvaerner Asa – slide 11
    Q&A 11 Kvaerner 2014 10.09.2014

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