Pareto Conference September 12, 2012 CEO Jean Cahuzac
A pure play on subsea construction and services SURF Conventional Global footprint West Africa focus Growing market Strong market Experts in design, engineering, Local expertise fabrication, installation and Proven execution…
Industry trends offshore, deeper, more complex Deeper waters and more challenging environments Growing size and complexity of EPIC contracts Shortage of resources in growing global market Local content requirements…
Competitive advantage in SURF is multi-faceted BARRIER SCALE Access to capital Medium Vessels Medium (High in ultra deep water) Technology Medium - High Engineering and project management High processes Market positioning High…
Subsea 7 technology focus Technology Category Specific Technology Types Deep water and Hybrid Steel Submerged Composite harsh environment Riser buoys Catenary Materials Towers Risers solutions Flexible Rigid Pipe Subsea…
Hybrid Riser Tower (HRT) Total CLOV Prospect (1200msw) (1650msw) Tower assembly of multiple risers; Brief 1440Te manufactured onshore and installed by Description towing as a single structure The HRT is applicable to most…
Buoy Supported Riser (BSR) A submerged buoy anchored to the seabed Brief Steel Catenary Risers laid between seabed Description and buoy and flexible jumpers laid between buoy and FPSO The BSR is being installed on Guara and…
High performance pipe-in-pipe A pipe-in-pipe system providing high thermal insulation for subsea oil and Brief gas transportation. Utilisation of partial Description vacuum in combination with Isoflex insulation material Subsea…
Reel lay of Mechanically Lined Pipe (BuBi) BuBi Pipe Use of BuBi Mechanically Lined Pipe Brief offers significant savings compared with Description Corrosion Resistant Alloy (CRA) Worlds first award on a Petrobras Pre-…
Autonomous Inspection Vehicle (AIV) A game changing inspection system comprising an Brief autonomous vehicle without a tether (which enhances manoeuvrability), has an array of Description navigation tools and sensors and is powered by…
Summary Financial performance Good year-to-date financial results 2012 Adjusted EBITDA expected to be in-line with consensus Expectation of major contracts awarded to market in coming months Growth opportunities visible in all…
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