Surface Technologies and Energy Infrastructure Revenue Surface Wellhead Fluid Control Surface Subsea Technologies Technologies Energy Measurement Infrastructure Solutions Loading Systems 4
Subsea Technologies is 2/3 of Total Revenue Revenue Subsea Technologies 2012 Estimated Subsea Technologies Revenue 4.0B 5
Subsea Platforms Production Systems Processing Systems Subsea Services 6
Market Leadership in Subsea Systems Market Share Order Value (2007 2010) Technical leadership GE 13% Systems approach Aker FMC 11% 46% Dril-Quip Frame agreements 7% Cameron 23% Global execution Source:…
Customer Subsea Tree Demand 525 Tree Awards 488 (2012 -2017) 450 375 300 287 257 229 222 220 225 177 150 120 88 75 65 0 Source: Infield, February 2012 Over half of the next 6 years awards from customers with…
Global Opportunities for Subsea Processing Tordis Cascade Perdido Enabler for Marlim Pazflor greenfields Enhanced Congro and Corvina recovery from brownfields BC-10 Cost reduction Greenfield Brownfield Cost…
Subsea Services Performing services on aging wells typically requiring offshore rigs Cost for intervention services is 50% to 70% less than similar rig based operations Well positioned with 3 systems working for major operators in…
Brazil Most active subsea market in the world Multiple greenfield and brownfield subsea processing applications Brazil Advancing subsea technology 13
Petrobras Pre-Salt Subsea Requirements Likely more than 100 pre-salt trees in 2012 Deliverability will be important Award likely includes subsea multiplex controls and related tools and equipment 14
Petrobras Marlim Project: Increasing Brownfield Oil Recovery First deepwater subsea oil/water separation system Mature field (brownfield) with heavy oil and increasing water production Gas/oil/water/sand separation at 3,000 ft. depth…
Technology Center in Rio de Janeiro Technical training, design area and engineering offices Research and development laboratories Capability for full-scale prototype integration and testing of subsea systems Technical…
Acquiring Key Enabling Technologies CDS Separation Systems Compact in-line primary separation Schilling Robotics ROVs, manipulator systems, controls Direct Drive Systems High power, compact permanent magnet motors, magnetic…
FMC Strategy in Summary Maximize Shareholder Value Through Earnings Growth Maintain subsea market share in a growing subsea market Expand subsea scope Subsea processing Subsea services Growth related to the shale markets in the…