Howard Weil 41st Annual Energy Conference March 20, 2013 1
McDermott International, Inc. (NYSE: MDR) Leading engineering and construction company Focused on offshore upstream oil & gas projects History dates back to 1947 - an industry pioneer Engineer, procure, construct and install…
Global EPCI Capabilities for Offshore Oil & Gas Market 4
EPCI is a Unique Delivery Platform Engineering Procurement Construction Installation Project and Risk Management Delivering Certainty 900+ engineers globally 300+ dedicated employees Strategically located facilities Dedicated…
Overview of Offshore Infrastructure FPSO Mini--TLP Mini ETLP Semi--Sub Semi SPAR Fixed Platform SURF/Subsea Conventional C ti l Fi Field ld D Development l t Fixed Fi d platforms, l tf compliant li t ttowers,…
Growing Trend Towards Deepwater Developments EPCI Capex by Water Depth Deepwater EPCI Capex by Region (MM) (MM) 140 000 140,000 60 000 60,000 9.0% 9.0% 120,000 CAGR CAGR 50,000 100,000 40,000 80,000 8.0% 30,000 CAGR…
EPCI Capex Forecasted to Remain Strong Global EPCI Capex by Region Global EPCI Capex by End Market (MM) (MM) 120,000 120,000 100,000 100,000 80,000 80,000 60,000 60,000 40 000 40,000 40 000 40,000 20,000 20,000 0 0 2013…
Robust Level of New Offshore Programs Expected Europe Expected Offshore Installations 2012-2018 Type Units Asia Fixed Type Units North America Concepts 145 Fixed FPSOs 17 Concepts 596 Type Units FSOs 5 FPSOs 38 Fixed C Concepts t…
Robust Level of New Offshore Programs Expected Europe Expected Offshore Installations 2012-2018 Type Units Asia Fixed Type Units North America Concepts 145 Fixed FPSOs 17 Concepts 596 Type Units FSOs 5 FPSOs 38 Fixed C Concepts t…
Revenue Pipeline by End Market1 Revenue pipeline is at record levels Backlog by End Market 6,000 Existing backlog driven by SURF projects 5,039 5,067 5,000 in Asia Pacific region 3,881 Floating 4,000 Structures MM Majority…
End Market Overview Conventional Field Floating Facilities SURF (Subsea Umbilical, Development p Risers and Flowlines)) 12
Conventional Field Development Industry pioneer in offshore conventional field development Fixed platforms and topsides Shallow water subsea pipelines Strong demand for conventional field development to continue with 285 billion…
Conventional Field Development Key assets to support the market Fabrication facilities in U.S., Mexico, UAE and Indonesia do es a Major work barges to support installation include DB27, DB30, DB50, DB101 and LB 32 Launch barges…
Floating Facilities Floating Facilities Papa Terra is the first use of dry-tree floating technology offshore Brazil and the first FPSO, SPAR, TLP, and Semi-Sub topsides Tension Leg Platform installation offshore South Integrated…
Floating Facilities Key assets to support the market Fabrication facilities in Batam Island, Indonesia, Altamira, Mexico and joint-venture in Qingdao, China Heavy-lift f installation vessels for f topsides include DB50, 0 DB30,…
SURF (Subsea Umbilical, Risers and Flowlines) SURF Front-end and detailed engineering and design, fabrication ab cat o of o SURF SU hardware a d a e and a d installation sta at o through t oug fast-transit subsea construction…
SURF Key assets to support the market Subsea Construction Vessels: NO102, LV105, LV108[1] Major Work Vessels: DLV2000 2000[2], DB50, 0 DB30 30 Multipurpose Construction Vessels: Agile, Emerald Sea, Thebaud Sea Strategy in…
SURF Lay Vessel North NorthOcean Ocean105 102 DLV 2000 Rendering Subsea Construction Vessels DLV2000 Dynamically positioned and fast-transit Combination DP3 heavy lift and pipelay vessel with 2,200-ton crane North Ocean…
Recent Operating Performance Revenues Operating Income 4,000 400 3,642 3,445 319 315 3,000 300 251 2,404 MM MM 2,000 200 1,000 100 0 - 1 2 2010 2011 2012 2010 2011 2012 Diluted Earnings Per Share Year-End…
Backlog Enhances Revenue Visibility1 Backlog by Estimated Recognition Year 2.3 billion in backlog expected to be recognized in 2013 MM 1QE awards expected to add 0.3 billion 1,296 2013 to current year revenue 2014 2,341…
Attractive Financial Profile 1 5.1 billion backlog provides visibility; significant booking opportunities ahead Bids and change orders outstanding of approximately 7.7 billion Additionally, y, approximately pp y10.7 billion of…
Investor Appeal Full-service offshore oil & gas engineering & construction company Global EPCI business model pprovides competitive p advantage g Attractive industry fundamentals; strong secular growth Strategic transformation…
Steven D. Oldham 281-870-5147 Vice President, Treasurer and Investor Relations
Loading...
