Building Solutions for the Energy Industry Alain Marion, Senior VP Subsea Assets & Technology Goldman Sachs European Oil Services Symposium, London, May 24, 2013
Contents 1. Technip Today 2. Continuously Investing in Technology 3. Ultra Deepwater Alliance with Heerema 4. Outlook 5. Annex 3
1. Technip Today 4
A World Leader Bringing Innovative Solutions to the Energy Industry A world leader in project management, engineering and construction for oil & gas, chemicals and energy companies Revenues driven by services provided to clients…
A World Leader Bringing Innovative Solutions to the Oil & Gas Industry Subsea Onshore/Offshore Worldwide leadership Proven track record with customers & Unique vertical integration business partners R&D Engineering &…
Very Broad Execution Capabilities in Subsea Heavy Lift J-Lay & S-Lay Reel-Lay J-Lay & Subsea Reel-Lay Heavy Lift Ultra-deep water infield lines Deepwater infield lines Deep-to-shore (Very high tensions: alliance with…
A Solid Platform for Profitable Growth Backlog by Geography Backlog by Market Split Others 1% 3% Africa 13% 16% 11% Petrochems 16% 10% Refining / 13% 12% Heavy Oil 10% Middle East 48% 25% Gas / LNG / 37% FLNG 39% 22%…
New flexible plant in Au Maca Vitria Au Rio de Janeiro Port dAngra 12
New R&D center in Brazil: 100 persons Centre de R&D France Laboratoires Rio de Janeiro R&D center Centre de R&D Brsil R&D center close to our main client Partner with R&D institutes and Brazilian universities…
Creation of a world innovation center and technology base Experts regrouped at one unique site Develop inter-techology synergies and coordinate initiatives with our R&D partners Reinforce our competences and attract high level…
Recent Technological Advances Innovative flexible pipe solutions Leveraging reel-lay expertise Hyperbaric Chamber Collapse Test Building S-lay & heavy lift capabilities Asset integrity & in-situ monitoring Well-head to…
Innovative Flexible Pipe Solutions: Challenging Reservoirs & Ultra Deepwater Developments Pre-salt large diameter Carbon fiber armor Integrated Production Anti H2S layer Smoothbore riser flexible pipe flexible pipe Bundle Multi…
Leveraging Rigid Reel-lay Expertise: Flow Assurance and Challenging Reservoirs Deep Blue Loading Pipe on Dande Spoolbase, Angola Reeled Pipe-in-pipe Passive insulation to improve flow assurance with high level of local content…
Building S-lay & Heavy Lift Capabilities: Access to Deep-to-Shore & Heavy Lift Markets G1201 G1200 Offshore main operations Recent awards completed Moho Nord, Congo Jubilee 1A, Ghana Malikai Subsea, Malaysia Liwan shallow…
Deep Orient Latest Construction vessel 19
Deep Energy State-of-the-art pipelay vessel 20
Asset Integrity & In-situ Monitoring: Increased Focus on Life of Field Operations Floaters, buoys & mooring systems Risers, pipelines & umbilicals Subsea production surveillance Anchor leg & mooring line Rigid riser integrity &…
Well-head to Platform: Optimizing Subsea Field Architecture Integrating our subsea proprietary technologies and offshore platform knowhow with third party processing equipment toULTRADEEPWATER provide innovative 120 000 development…
3. Ultra Deepwater Alliance with Heerema 23
Subsea Growth Driven by Promising Ultra-deepwater developments Number of Subsea Trees Awards Forecast (Mean Case) Installed Pipe* Forecast (in km) 700 12,000 600 10,000 500 8,000 400 300 6,000 200 4,000 100 2,000 0 0…
Ultra-Deepwater Challenges Deeper water and Vessels with higher tension pipe heavier pipes laying capacities Vessels with higher Heavier subsea equipment lifting/abandonment capacity Larger developments Increasing use of…
Helping Clients to Develop Ultra-deepwater Fields Geographical footprint covers key subsea markets worldwide (engineering, sales & business development, yards, spoolbases, flexible & umbilical plants) Unique set of capabilities…
Commercial Alliance with Heerema 5-year worldwide alliance agreement combining capabilities for EPCI projects in ultra-deepwater Working together through ad-hoc JV, consortiums or subcontract arrangements to best answer client…
Full Range of Capabilities for Ultra Deepwater Developments S-lay Flex-lay, Reel-lay & J-Lay J-Lay & Reel-lay, Very High Tension Deep-to-shore large diameter export Infield developments: flowlines, Heavy pipes in ultra-deepwater:…
4. Outlook 29
Business Environment North Sea High level of subsea awards continues North America Increase in platform activity Upswing in US Gulf of Mexico US shale gas driving onshore downstream investments Middle East Sustained volume of…
1 Backlog Visibility million Subsea Onshore / Offshore Group 2013 (9 months) 2,784.8 3,252.9 6,037.7 2014 2,118.8 2,907.8 5,026.6 2015 and beyond 1,910.9 1,802.8 3,713.7 Total 6,814.5 7,963.5 14,778.0 1 Backlog…
(1) 2013 Full Year Objectives Maintained Group revenue growing 11% to 16% to between 9.1 and 9.5 billion Subsea revenue growing to between 4.3 and 4.6 billion, with operating margin(2) around 15% Onshore/Offshore revenue…
5. Annex 33
Diversified & Balanced Customer Base National Oil Companies International Oil Companies 34
Consolidated Statement of Financial Position million Dec. 31, Mar. 31, 2012 2013 Restated(1) Fixed Assets 6,022.2 6,039.5 Construction Contracts Amounts in Assets 454.3 633.2 Other Assets 2,845.0 3,038.3 Cash & Cash…
Two Complementary Business Models Driving Financial Structure and Performance million Subsea Onshore/Offshore Operating Operating Operating Operating Backlog Backlog Income1 Margin1 Income1 Margin1 7,963.5 6,814.5 603 498…
Subsea Vertical Integration: Customer Support from Concept to Execution Concept Execution Project Engineering & Procurement P R Upstream O Engineering Manufacturing J With Genesis1 E Flexible risers Rigid Pipeline Umbilicals C…
Delivering Best-for-Project Solutions Through Genesis Genesis: A wholly owned subsidiary of Technip Provide independent, early phase engineering support to concept selection Fixed and floating platform configuration and selection…
Investment in Key Subsea Assets Plants 5 2007 New long-term charters 7, incl. 1 under construction North Sea Giant Vessels 18 2007 North Sea Atlantic, delivery in 2014 32, incl. 4 under construction As of March…
High Performing Fleet of 32 Vessels1 Flexible-Lay & Construction Rigid Reel-Lay & Rigid S-Lay and Heavy Lift J-Lay 11 units 4 units 4 units Skandi Vitoria Skandi Niteroi Deep Blue G1200 Deep Sunrise Constructor 2000 Deep…
Flexible Pipe Manufacturing Plants Flexi France Le Trait, France Asiaflex Products Tanjung Langsat, Malaysia Flexibrs Vitria, Brazil Port of Au Au, Brazil 41
Offshore Manufacturing & Logistic Bases Mobile, Alabama, USA Orkanger, Norway Evanton, UK Port of Angra, Brazil Dande, Angola Carlyss, Louisiana, USA 42
Umbilicals Manufacturing Plants Duco Ltd Newcastle, UK Duco Inc Houston, USA Asiaflex Products Tanjung Langsat, Malaysia Angoflex Lobito, Angola 43
Onshore/Offshore Key Markets Onshore Downstream Unique Position Expertise in Full Range of Offshore Facilities Petrochemical & Floating LNG Ethylene Refining Spar LNG & GTL Fixed platform Fertilizer FPSO 44
Acquisition of Stone & Webster Process Technologies Acquisition completed on August 31, 2012 Cash consideration of 225 million Perimeter excludes Toronto and Baton Rouge sites and all legacy EPC contracts retained by Shaw Cost…
Technology Strength Diversifies Our Revenue Process Technologies Licenses Process Design / Engineering Proprietary Equipment Licensed proprietary technologies Process design packages / Design, supply and installation of chosen…
Stone & Webster Process Technologies: Enhanced Portfolio of Downstream Technologies Business Domains Technologies and Skills Cryogenic separation LNG Cooperation with Air Products and Chemicals, Inc. (APCI) GTL Exclusive…
Worldwide Organization Dedicated to Downstream Technologies Milton Keynes Cambridge Zoetermeer Beijing Claremont Paris Rome Houston Abu Dhabi Mumbai Kuala Lumpur / Singapore Operating centers Associated operating centers…
Technip Stone & Webster Process Technology Leading Position in Growing Markets Strong Track Record Recent Key Projects 35% installed capacities with 120 references CP Chem cracker, USA S&W Ethylene 25% of licensing over the past…
FLNG1, an Innovative Solution for our Customers Floating LNG moving from concept to reality 2 facilities under construction after FEED completion Several conceptual studies for various clients Shell FLNG Petronas FLNG Petrobras…
Providing Innovative Solutions for Offshore & Subsea Developments Carbon Fiber Armor Integrated Production Electrically Trace Floating LNG Spars Flexible Pipe Bundle Heated Pipe-in-pipe Breakthrough: Solution for harsh…
A Unique Worldwide Footprint Orkanger Evanton Oslo Pori Aberdeen Stavanger St. Petersburg St. Johns Newcastle Milton Keynes Warsaw London The Hague Calgary Cambridge Le Trait Dsseldorf Paris Lyon Rome Los Angeles Weymouth…
Africa: Local Partner With Commitment to Long-term Presence Technip in Africa Assets & Activities 900 people Engineering & project management 1st office founded in 1995 centers Cairo Umbilical manufacturing plant: Angoflex,…
Asia Pacific: Dedicated Assets for High Potential Market Assets & Activities Technip in Asia Pacific Engineering & project management centers 8,700 people Flexible/umbilical manufacturing plant: Asiaflex, Founded in 1982 Malaysia,…
Middle East: Largest Engineering Capacity in the Region Assets & Activities Technip in Middle East Engineering & project management 2,700 people centers Founded in 1984 Wide range of services: from conceptual and feasibility…
North America: Solid Reputation With Enhanced Portfolio of Downstream Technologies Assets & Activities Engineering & project management centers with North America Subsea, and Onshore/Offshore capabilities 4,100 people Spoolbases…
North Sea Canada: Market Leadership in a Growing Market Assets & Activities Technip in North Sea Engineering & project management centers 5,100 people Spoolbases Orkanger, Norway 1st office founded in 1978 Evanton, UK Steel…
Brazil: Over 35 years of Local Presence Assets & Activities Technip in Brazil Engineering & project management centers 3,700 People Flexible/umbilical manufacturing plants Founded in 1977 Flexibras: since 1986 Port of Au: High-end…
Technip in Brazil: Steady Development to Provide Unmatched Local Content Flexible pipe frame agreement with Petrobras 1st IPB2 in Brazil 2012 1st Brazilian PLSV: Skandi Vitria Roncador Field Development & P-52 Platform 2010…
Shareholding Structure, November 2012 North America 31.7% Employees 2.6% Treasury Shares 2.0% UK & Ireland 11.7% Others Institutional 4.7% Investors 83.1% Individual Shareholders 5.1% Rest of World IFP Energies Nouvelles…
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