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HOWARD WEIL 39TH ANNUAL ENERGY CONFERENCE – Fmc Technologies, Inc.

Fmc Technologies, Inc. · Mar 29, 2011 · 23 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. HOWARD WEIL 39TH ANNUAL ENERGY CONFERENCE – Fmc Technologies, Inc. – slide 1
    Presenter: John T. Gremp President and Chief Executive Officer March 2011 Director, Investor Relations Robert K. Cherry +1 281 591 4560 rob.cherryfmcti.com
  2. HOWARD WEIL 39TH ANNUAL ENERGY CONFERENCE – Fmc Technologies, Inc. – slide 2
    These slides and the accompanying presentation contain forward-looking f statements which represent managements best judgment as of the date hereof, based on currently available information. Actual results may differ materially from…
  3. HOWARD WEIL 39TH ANNUAL ENERGY CONFERENCE – Fmc Technologies, Inc. – slide 3
    An Oilfield Service and Equipment q p Company p y 4.1 billion revenue in 2010 11,500 ,500 e employees p oyees worldwide o d de 27 production facilities in 16 countries FORTUNE Magazine M i 2010 Worlds W ld Most Admired…
  4. HOWARD WEIL 39TH ANNUAL ENERGY CONFERENCE – Fmc Technologies, Inc. – slide 4
    4.1B Revenue in 2010 from Two Segments g 81% Energy Production Subsea Production Systems Upstream m Subsea Processing Systems Surface Wellhead Multi Phase Meters 81% 19% 19% Energy E P Processing i Fluid Control…
  5. HOWARD WEIL 39TH ANNUAL ENERGY CONFERENCE – Fmc Technologies, Inc. – slide 5
    Backlog g Starting g to Grow Energy P E Processing i Energy Production B Orders* B Backlog 6 5 5 5.5 5.7 6 4.3 4.5 4.2 4 3.5 4 3.7 2.9 2.3 2.5 2 2 0 0 2006 2007 2008 2009 2010 2006 2007 2008 2009 2010 B M 6 Revenue 700…
  6. HOWARD WEIL 39TH ANNUAL ENERGY CONFERENCE – Fmc Technologies, Inc. – slide 6
    Subsea Systems is Over 65% of Revenue FMC Technologies 2010 Revenue All Other Products Subsea Systems 6
  7. HOWARD WEIL 39TH ANNUAL ENERGY CONFERENCE – Fmc Technologies, Inc. – slide 7
    Our Focus is on Subsea Systems Subsea Revenue Market Share B Revenue Tree Units 3.0 3.1 (2007 2009) (2008 2010) 3 2.7 2.3 GE GE 17% 12% 2 1.8 FMC Aker FMC Aker 46% 12% 34% 15% Dril-Quip 1 1% Dril-Quip 7% Cameron Cameron 38% 0…
  8. HOWARD WEIL 39TH ANNUAL ENERGY CONFERENCE – Fmc Technologies, Inc. – slide 8
    IOCs Increasing g Focus on Deepwater p The fastest growing source to meet Total World incremental pproduction demands Mboe/D Oil & Gas Production 140 Accessible opportunity for IOCs to Deep 120 employ differentiated technology…
  9. HOWARD WEIL 39TH ANNUAL ENERGY CONFERENCE – Fmc Technologies, Inc. – slide 9
    Expanding Rig Fleet Adds Capacity for S bsea Well Completions Subsea Deepwater Semi Semiss 61 new deepwater d t rigs i and Drill-ships increasing fleet by 24% 325 308 319 from 2010 to 2013 295 258 Additional rig commitments 250…
  10. HOWARD WEIL 39TH ANNUAL ENERGY CONFERENCE – Fmc Technologies, Inc. – slide 10
    Subsea Technology Leadership Track Record 1980 1985 1988 1992 1994 1999 2004 2006 2007 2008 World record water depths World record achieved by FMCwater depths Technologies achieved by FMC Technologies 10
  11. HOWARD WEIL 39TH ANNUAL ENERGY CONFERENCE – Fmc Technologies, Inc. – slide 11
    Capabilities in all Major Deepwater Basins 2010 Subsea Revenue: 2.7B Asia- Norway Pacific Brazil North Sea Newfoundland Scotland GoM West Africa Houston Ivory Coast Ghana Malaysia Nigeria Congo Singapore Angola Brazil…
  12. HOWARD WEIL 39TH ANNUAL ENERGY CONFERENCE – Fmc Technologies, Inc. – slide 12
    Strong Customer Relationships Drive Growth and dTTechnology h l L Leadership d hi Frame Agreements Alliances Repeat Orders Partnerships Ultra Deepwater High Temperatures High Pressures Innovation Subsea Processing Subsea…
  13. HOWARD WEIL 39TH ANNUAL ENERGY CONFERENCE – Fmc Technologies, Inc. – slide 13
    Major Subsea Project Opportunities Ahead Potential 150M+ subsea production system projects in the next 15 months* Operator Project Location No. of Trees Statoil Dompap/Fossekallen Norway 11 ENI Block 15 Angola 11 Shell Prelude…
  14. HOWARD WEIL 39TH ANNUAL ENERGY CONFERENCE – Fmc Technologies, Inc. – slide 14
    Expanding our Subsea Solutions Scope Core Products New Products Trees Subsea Processing Manifolds Separation Control Systems Boosting Template Systems Gas Compression Flowline Connection Systems Well Intervention Services 14
  15. HOWARD WEIL 39TH ANNUAL ENERGY CONFERENCE – Fmc Technologies, Inc. – slide 15
    Using Subsea Processing to E bl New Enable N Development D l t and d Increase Oil Recovery Greenfield challenges: Heavy oil Opportunity Low reservoir pressure to Enable New Hydrate formation Development Brownfield challenges:…
  16. HOWARD WEIL 39TH ANNUAL ENERGY CONFERENCE – Fmc Technologies, Inc. – slide 16
    Subsea Processing Projects in Every M j Deepwater Major D t Basin B i Tordis Brownfield Gas/Oil/Water/Sand Separation Boosting Cascade Greenfield Boosting Pazflor Greenfield Gas/Liquid Separation Boosting Perdido…
  17. HOWARD WEIL 39TH ANNUAL ENERGY CONFERENCE – Fmc Technologies, Inc. – slide 17
    Marlim Project: I Increasing i B Brownfield fi ld Oil Recovery R Project Operator: First deepwater subsea oil/water separation system Mature field (brownfield) with heavy oil and increasing water production Gas/oil/water/sand…
  18. HOWARD WEIL 39TH ANNUAL ENERGY CONFERENCE – Fmc Technologies, Inc. – slide 18
    Pazflor Project: E bli Enabling Greenfield G fi ld Economic E i Viability Vi bilit Project Partners: New field (greenfield) with heavy oil and hydrate risk Gas/liquid separation with boosting at 2,000 ft. depth Producing to…
  19. HOWARD WEIL 39TH ANNUAL ENERGY CONFERENCE – Fmc Technologies, Inc. – slide 19
    Market Opportunity to Extend Well Life and d IIncrease Oil R Recovery Subsea Installed Base 1,635 9.5 years Subsea production 681 challenges: 6.2 years Subsea well 896 346 5.3 years 7.4 years population aging 861…
  20. HOWARD WEIL 39TH ANNUAL ENERGY CONFERENCE – Fmc Technologies, Inc. – slide 20
    Well e Intervention te e t o Services Se ces Patented Technology gy Solution Lower cost - rigless Faster interventions No hydrocarbons to surface - riserless Increased oil recovery Contracts Awarded to FMC Operator Location…
  21. HOWARD WEIL 39TH ANNUAL ENERGY CONFERENCE – Fmc Technologies, Inc. – slide 21
    Delivering g Bottom Line Results Diluted Earnings per Share from Continuing Operations 4.00 3.20 - 3.40 3.06 2.87 3.00 2.72 2.00 1.00 0.00 2008 2009 2010 2011 Actuals Guidance * * As of 2/15/11 21
  22. HOWARD WEIL 39TH ANNUAL ENERGY CONFERENCE – Fmc Technologies, Inc. – slide 22
    In Summary y An oilfield service & equipment company with Deepwater/Subsea Exposure 65% of Revenue Leading Market Position 46% Subsea Market Share Strong Customer Relationships Multi-year Customer Alliances Technology Leader 6…
  23. HOWARD WEIL 39TH ANNUAL ENERGY CONFERENCE – Fmc Technologies, Inc. – slide 23
    www.fmctechnologies.com f t h l i 23

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