McDermott International, Inc. (NYSE: MDR) Leading engineering and construction company Focused on offshore upstream oil and gas projects History dates back to 1923 an industry pioneer Engineer, procure, construct and install (EPCI)…
Global EPCI Capabilities for Offshore Oil & Gas 4
EPCI is a Unique Delivery Platform Engineering Procurement Construction Installation Project and Risk Management Delivering Certainty 1100+ engineers globally 300+ dedicated employees Strategically located facilities Dedicated…
Project Execution Lifecycle Bid margins Develop execution plan Risk identification Confirm estimates Negotiate contract Risk contingency terms and conditions planning Evaluate opportunities for change conditions Business…
Overview of Offshore Infrastructure FPSO Mini-TLP ETLP Semi-Sub SPAR Fixed Platform SURF/Subsea Offshore Field Development Fixed platforms, floating production facility topsides, compliant towers, subsea and export pipelines…
Growing Trend Towards Deepwater Developments Historical and Projected EPCI Capex by Water Depth Historical and Projected Deepwater EPCI Capex by Region 120,000 50,000 7.9% 11.6% 100,000 CAGR 40,000 CAGR 80,000 30,000 MM MM…
EPCI Capex Forecasted to Remain Strong 1 Projected Global EPCI Capex by Region Projected Global EPCI Capex by End Market 120,000 120,000 100,000 100,000 80,000 80,000 MM MM 60,000 60,000 40,000 40,000 20,000 20,000…
Robust Level of New Offshore Programs Expected Europe Expected Offshore Installations 2013-2018 Type Units Asia Global Type Units Type Units Fixed Concepts 130 North America Fixed Concepts 507 Fixed Concepts 1,178 FPSOs 15 Type…
Offshore Field Development MDR is an industry pioneer in offshore field development Fixed platforms and topsides Shallow water subsea platforms Floating production systems topsides Anticipate strong demand for offshore field…
Offshore Field Development Ongoing restructuring efforts to fit market demands Closure of Morgan City fabrication yard and New Orleans engineering office Altamira, Mexico fabrication yard expected to serve Atlantic market Estimated…
Subsea Subsea, Umbilical, Risers and Flowlines Front-end and detailed engineering and design Fabrication of subsea hardware Installation through fast-transit subsea construction vessels Robust growth anticipated in the subsea…
Subsea Division Subsea division formed 2013 Acquired DeepSea in March 2013 adding more than 100 personnel Added new Vice President, Subsea in April 2013 Assembly of Subsea leadership team nearly complete Subsea division to have…
Subsea Vessel Fleet Lay Vessel North Ocean 105 DLV 2000 Rendering Subsea Construction Vessels DLV2000 Dynamically positioned and fast-transit Combination DP3 heavy lift and pipelay North Ocean 102 Equipped with vessel with…
Revenue Pipeline by End Market1 Backlog of 4.6 billion at end of 3Q Expected Backlog Recognition 2013 2,500 2,146 2,000 Notified of selection for 700 1,500 1,666 million in new work in 4Q 2013 1,000 798 9.0 billion of bids and…
Project Highlight: Inpex Ichthys1 2+ billion subsea contract awarded in January 2012 Transfer flowline and control systems 17,600 tons of subsea structures Riser support structure Detailed engineering 80% complete Over 98% of…
Project Highlight: Papa Terra 1+ billion contract awarded to FloaTEC (50/50 JV between MDR and Keppel) EPCI of Tension Leg Wellhead Platform (TLWP) First use of dry-tree floating technology in Brazil Expected 4Q 2013 installation…
Change to Drive Recovery and Growth Recent changes in corporate and operating management brings new experience and perspective Highly focused on project execution improvements Aggressive recruitment and training of project…
McDermott International, Inc. 757 N. Eldridge Parkway Houston, TX 77079 (281) 870-5000
Loading...
