Agenda Introduction A Strategic Move Strengthening CGGs Sustainable Value in the E&P Chain CGG ESG issues Conclusion: From Compliancy to Sustainable Strategy Annexes 2
Introduction
Accelerating the Transformation of the New CGG Understands Clients Challanges 4
Becoming a Reservoir/Geoscience Company Geology analysis of basins Geology & Seismic Equipment Reservoir Seismic Acquisition: Marine, Land & Airborne Interpretation Drilling & Processing & Imaging Completion Softwares and Services…
Our New Organization Geology, Equipment Acquisition Geophysics & Reservoir Full range of products and clear Full range of seismic and other Multi-Client Data Library: market leadership Onshore, geophysical methods for…
CGG 2012 Key Financial Figures (in million ) Revenue : 3 411m Capex : 737m EBIT : 329m* Employees : 7 560 EBITDAs : 1 005m* Group Net Debt : 2 105m** 22% Breakdown of Revenue By Region Breakdown of Revenue By Clients…
A Strategic Move Strengthening CGGs Sustainable Value in the E&P Chain 8
Oil & Gas Companies Exploration and Production Challenges Exploration - Increasingly difficult with the end of easy oil: challenging environments increase the cost of exploration Production - Rapid depletion of the reservoirs…
A Strategic Move Strengthening CGGs Sustainable Value in the E&P Chain In combining Seismic and Geosciences technologies, CGG will contribute to : Lower the cost of Production Reduce Drilling Costs and mitigate risks Limit…
CGGs ESG Issues
Focusing on the most critical issues with the ESG Materiality Matrix 12
HSE & Security Standards: Key for Operational Success Integrated Management System supported by a dedicated organization - 130 correspondents across the world Regular Monitoring of Local Practices through audits - HSE audits…
Policies & Code of Conduct, Corruption and SD Governance: Identify, Manage and Mitigate risks Structured and disciplined approach to assessing and managing the uncertainties that the Group faces Each risk is linked to a corporate…
Local Content & Local Communities: Contributing to the Economic Development of the Hosting Countries Permanent operations Local employment & Local purchase Land operations in 2011 Favoring local employment especially for long…
Footprint & Ecoconception : Going Beyond Regulation Environmental Policy Tailored Environmental Risk Assessment & Environmental Management Plan Promote environmental best practices Train, inform and mobilize employees…
CGG Fleet Profile HIGH-END CAPACITY Mid-End CAPACITY 12-20 streamers 8-12 streamers Oceanic Sirius Oceanic Vega Geo Coral Symphony Geowave Voyager Viking Vanquish 20 Tow Points 20 Tow Points 16 Tow Points 12 Tow Points 12 Tow…
Training & Equal Opportunity RH priorities: Attract and retain talents Recruitment: long-term relationships with schools and universities worldwide Significant intern mobility opportunities Identification of key potentials…
Conclusion: From Compliancy to Sustainable Strategy
We Launch Initiatives to Go Beyond Regulation Protect the hosting countries wealth Participation of Ethnologists and Biologists to our surveys Marine: Reducing Fuel Consumption Evaluating the potential of an organic additive…
Conclusion 2011: Our SD strategy based on 80 years of experience is recognized by clients, local population, employees and investors. 2012: We are committed to respect our sustainable roadmap in reducing our footprint and going along…
Thank you
Annexes 23
Summary of the Oil and Gas Field Development Lifecycle 1. Seismic Equipment & Services -Land & Marine data acquisition -Data Processing 4% of E&P budget (16bn) 2. Contract Drilling 3. Drilling-Related Products & Services 4.…
We Apply our own Standards Based on the Industry Standards (OGP and IAGC) Example: Regional Marine Mammal Mitigation Guidelines Implemented During Seismic Surveys: Some countries have defined Guidelines and others dont: problems of…