Subsea Technologies inbound Subsea inbound Four consecutive years of B 6 5.5 to 6.0 market leading orders 4.6 4.2 Major awards coming from all 4 3.9 producing basins Expected growth in Africa and 2 Gulf of Mexico will…
Subsea Technologies backlog and conversion B Subsea backlog conversion to revenue 6 5.4 to 5.9 Continued backlog growth 4.6 4.1 Increased number of multi- 4 3.6 year projects that convert to revenue at a slower rate 2.0 60% 60%…
EBIT margin progression Subsea Technologies margins 19.0% 15.4% 14% to 15% 16.0% 11.3% 12% to 13% 13.0% 9.7% 10.0% 7.0% 2010 2011 2012 2013E 2014E Surface Technologies margins 22.0% 18.2% 19.1% 17.8% 19.0% 13.5% to 15% to 16%…
Subsea market poised for growth Deepwater semis and drill-ships Subsea wells to be drilled Subsea field discoveries yet to 500 1000 be developed 625 400 800 Number of wells Number of fields 500 Number of rigs 300…
Subsea tree growth 800 Tree awards 700 674 622 605 600 556 551 197 164 500 91 174 195 416 400 108 311 300 62 200 2011 2012 2013E 2014E 2015E 2016E 2017E Non-Brazil tree awards Brazil tree awards Source: Quest…
Preferred subsea provider Market share by order value Technical leader (2008 2012) GE Industry best 15% execution FMCTI Aker 41% 19% Partnerships and customer Cameron 19% relationships Dril-Quip 6% 9
Subsea processing Marlim Subsea separation and re-injection system FPSO P-37 Production well Water injection well 11
Subsea processing Leader in subsea separation From bulk gravity... ...to inline... to compact Tordis Marlim Future system (expanded capacity, smaller footprint) 12
Subsea processing Helico-axial pump Pump module Boosting station DDS motor cartridge Pump unit Pump cartridge 13
Subsea services Platform for growth Operation and management Maintain production, Installation increase recovery The Subsea System life cycle Drilling and Plug and completion abandonment Asset Product Equipment Installation…
Subsea services Asset management - Condition and performance monitoring System data Condition and Decisions and advice performance monitoring technology Simple sensor validation Overall data reconciliation Condition monitoring…
Subsea services 7000 Subsea wells producing for more than 5 years 6000 Well intervention Number of wells 5000 4000 3000 2000 1000 0 2012 2013E 2014E 2015E 2016E Riserless Riser based Source: Infield Vessel based…
The focus of FMC Technologies Deliver earnings growth with industry leading returns Continue our leadership position in the expanding subsea markets Invest in technology that strengthens our subsea capabilities Identify and…