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1. Results Overview 2. Segments Review 3. Company Prospects
Rapid Growth in the Two Markets (in RMB million) Domestic Revenue International Revenue 32% 10,572 66% 21% 8,031 5,356 4,410 34% 1H13 1H14 1H13 1H14 Domestic International Solid Global Diversified Regions Sufficient…
Key Drivers of Rapid Growth Rapid growth across Record Rapid growth across regions and business lines regions and production lines 5142% 2 Successfully enhance capacity and efficiency 64% Benefiting from integration synergies,…
Globally Competitive Competent professional workforce Management Professionalism High Loyalty Seasoned management Industry leading experts Low turnover team: on average over 25 Competent professionals in years of experience in…
Globally Competitive (contd) Exceptional operational efficiency COSLInnovator and COSLPioneer were HYSY981 completed a deepwater operation in awarded Rig of the month from May to July South China sea 33 days or 32.3% ahead of at a…
Globally Competitive (contd) Leading rigs utilization rates1 Leading vessels utilization rates 2 100% 93% 79% 75% 75% 60% 50% 25% 0% Peer A Peer B Peer C Peer D Peer E MS Peers avg Seismic Peers avg Semi Jack-up Source:…
Globally Competitive (contd) Regional and client diversification by Total S.A.: named a worldwide recognized supplier by Shell: given priority in a global tender auction as hosted by Statoil: 3 semis performed outstandingly in the…
Globally Competitive (contd) Outperformed revenue growth Well services revenue growth since Listing Well Services Segment Group 8,000 23% 23% CAGR02-13 CAGR02-13 4,000 Peers Average 13% CAGR02-13 (RMB million) - 2002…
Globally Competitive (contd) Technological Specialist EMRT EFDT EMRT Deepwater Drilling Fluid Enhanced Formation Dynamic Tester ELIS Magnetic Resonance Tool HEM system The worlds Fourth Company to Direct measurement of depth of…
Globally Competitive (contd) Unique one-stop solutions to help clients lower costs Offshore case study: HYSY981 deepwater IPM Equipment + well services provided by COSL: deepwater rigs, deepwater drilling fluids, cementing and…
Improved Capability in Deepwater Many approaches to deepwater: discrete service + integrated solutions Drilling Marine Support 3 semis in China Sea Deepwater Revenue up 64% HYSY981 completed turkey Contribution up to 24%…
Recognitions from Capital Markets Asias Most Honored Company Best Investor Relations Company in the Oil & Gas Sector Top 100 Chinese listed companies in management performance ;Top 100 in capital market branding in 2014 The Most…
1. Results Overview 2. Segment Review 3. Company Prospects
Performances of the Four Segments1 Well Marine Geo& Drilling Surveying Services Support 33 Jack-ups Logging, drilling 70 self-owned 7 seismic vessels fluids, directional (38 streamers) 10 Semis drilling, cementing, vessels 7…
Drilling Expanded fleet. More high-spec rigs. Higher daily income. Maintained high utilization. Rig Allocation: 26 in China, 15 in international, 2 in repair or towing Driver 1: More rigs to meet demand Driver2: Driver 1: Proper…
Well Services Work volume driven by synergies, complexity and difficulties NH7,NH9,BH8,HYSY932 and Gulf Driller I operated in China Sea boosted the working volume of logging, directional drilling, cementing and drilling mud.…
Marine Support Safety and quality service, benchmarking and leadership in China offshore Reasonable allocation of resources Purchased 4 deepwater PSV, of which one commenced operation during the period More maintenance days…
Geophysical and Surveying Properly schedule fleet and allocate resources to maintain utilization rates Scientifically schedule fleet and capitalizing on external resources Recognitions for high efficiency 2D collection volume up…
1. Results Overview 2. Segment Review 3. Company Prospects
Investment in Oil & Gas Exploration Grows Global oil & gas investment to sustains growth Global investment on offshore Invests more in our intl business key regions exploration to sustain high growth 2013A-2014E Capex Growth(%) Capex…
Boost Production and Competitiveness Build Project Return Routines Purchase of Capacity Charter Upgrades Unique Advantages Resources Talents Manage More approaches to access to Attractive project returns equipment…
Sustainable Growth New capacities contribute to sustained growth1 12-streamer seismic Geophysical 6 deepwater PSVs Output enhancement Jack-ups: 6 Marine &Others Support 15 utility vessels support vessels Drilling Semis: 4…
Industrial Trends Boost COSL to Grow Maturity of Global Fields in Production Industrial Trends Provide Opportunities Maturing Fields Alternatives Output More Regional Deep Water Optimization Opportunities Unconventional…
Promising Well Services Segment Conventional - Deepwater- Unconventional- Leading Growth New Powerful Engine High End & High Standard New findings in China shallow Deepwater working volume from Increasing work volume waters, 33…
Recap 6 5 Outstanding QHSE record 4 Diversification In Region, Clients and 3 Sustainable Growth in Business 2 Healthy China and Financial International 1 Structure& Markets Sufficient Cash Competitive Flow Unique &…