1Q 2011 BACKLOG Backlog m 7.000 6.000 5,730 5,379 4,713 4,711 4,820 5.000 4.000 3.000 2.000 1.000 0 2007 2008 2009 2010 1Q 11 Oil and gas Power 2
1Q 11 BACKLOG ANALYSIS BY AWARD DATE BY GEOGRAPHY Europe 7% Spain 17% 34% Rest of 2% Middle East 10% 16% Saudi ROW 60% Arabia 22% 31% 2008 2009 2010 2011 3
1Q 11 BACKLOG ANALYSIS BY CONTRACT TYPE BY CLIENT IOCs 6% 37% 49% NOCs 52% 45% UTILITIES & OTHERS OBE LSTK OTHER 11% 4
1Q 2011 AWARDS TAN Project, Australia Highlights EPC for the TAN (Technical Ammonium Nitrate) project in Australia, led by Yara. Project includes: wet ammonium nitrate unit, nitric acid unit and TAN prilling plant. TRs…