Acquisition of Global Industries: Reinforcing Technips Subsea Leadership September 12, 2011
Acquisition of Global Industries: What and Why Agreement to pay in cash for 100% of Global Industries at US8.00 per share, unanimously approved by Global Industries' Board of Directors Total transaction value of 768* million,…
Global Industries, a Leading Subsea Solution Provider US based international contractor active in subsea construction and pipelay 568 million in revenue in 2010 2,300 experienced and skilled employees Specialist in S-Lay and…
Global Industries S-Lay and Heavy Lift Capabilities Global 1200 and Global 1201: newly-built, latest generation sister ships with specifications suited to a broad subsea scope Experienced and knowledgeable teams S-Lay capabilities…
Subsea, a High-Growth Market Technips backlog above previous peak at km installed million 3.7 billion per year* Growing pipelay activity forecast Market projections support future growth *Offshore Pipelines include:…
Acquisition of Global Industries Expands Technips Addressable Subsea Market by 30% Total addressable subsea market Consistent with our strategy and investment policy Technip today Reinforces Technips unique vertically integrated…
Expanded Fleet of 34 Vessels Flexible-Lay & Construction Rigid Reel-Lay & Rigid S-Lay and Heavy Lift J-Lay 7 units 3 units 7 units Skandi Vitoria Skandi Niteroi G1200 G1201* Deep Blue Deep Pioneer Deep Constructor Apache…
Technip Customer Support from Concept to Execution in Offshore & Subsea Concept Execution Project Engineering & Procurement P R Upstream O Manufacturing Engineering J E Flexible risers Rigid Pipeline Umbilicals Pre-FEED* and C…
Technips Skills Will Leverage Global Industries Know-how, Assets and Experience Technips core subsea strengths applied to Global .will drive substantial revenue Large customer base with worldwide synergies presence Greater scope…
Expected Financial Contribution Transaction expected to close early 2012 Technip's recently increased 2011 financial outlook remains unchanged 2012: focus on Priority on integration of Global Industries First order intake from…
Key Takeaways Technips current subsea market above previous peak and growing strongly Global Industries expands Technips addressable market by 30% and provides a platform for further expansion Significant fundamental value…
Acquisition of Global Industries: Reinforcing Technips Subsea Leadership September 12, 2011