FMC Technologies Overview Second Quarter 2013 Director, Investor Relations Bradley Alexander +1 281 260 3665 bradley.alexanderfmcti.com
An Oilfield Service and Equipment Company 6.2 billion revenue in 2012 18,900 employees worldwide* 30 production facilities in 16 countries* Recognized by FORTUNE Magazine as the Worlds Most Admired Oil and Gas Equipment,…
6.2B Revenue in 2012 from Three Segments 65% Subsea Technologies Subsea Systems Multi Phase Meters Schilling Robotics 26% Surface Technologies Surface Wellhead Fluid Control Completion Services 9% Energy Infrastructure…
Subsea Technologies is 65% of Revenue FMC Technologies 2012 Revenue All Other Products Subsea Technologies 7
Our Focus is on Subsea Systems Market Share Orders (2008 2012) GE 15% FMC 41% Aker 19% Revenue Tree Units (2008 2012) (2008 2012) Cameron Dril-Quip 19% 6% GE GE 15% 18% FMC Total Market 42.2B FMC Aker Aker 43% 18% 38%…
Customer Subsea Tree Demand Tree Awards (2013 -2018) 600 500 461 400 310 297 274 300 253 193 177 169 200 124 95 100 0 Source: Infield, December 2012 Over half of the next 6 years awards from customers with strong…
IOCs Increasing Focus on Deepwater Deepwater Production The fastest growing source to meet Production (thousand BPDE) incremental production demands Accessible opportunity for IOCs to employ differentiated technology…
Expanding Rig Fleet Adds Capacity for Subsea Well Completions Deepwater Semis and Drill-ships 86 new deepwater rigs increasing fleet by 30% 400 370 323 354 from 2011 to 2015 325 303 284 250 5th and 6th generation 175 rigs more…
Technology Leadership Strong Subsea Track Record 13
Capabilities in all Major Deepwater Basins 2012 Subsea Technologies Revenue: 4.0B Asia- Norway Pacific North Brazil Sea Newfoundland Scotland GoM West Africa Houston Ivory Coast Ghana Malaysia Nigeria Congo Singapore…
Major Subsea Project Opportunities Ahead Potential 150M+ subsea production system projects in the next 15 months* Operator Project Location No. of Trees Total Egina Nigeria 40 Enquest Kraken Phase 1 UK 25 Chevron Gendalo/Gehem (2…
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 Remotely…
Using Subsea Processing to Enable New Development and Increase Oil Recovery Greenfield challenges: Heavy oil Opportunity Low reservoir pressure to Enable New Hydrate formation Development Brownfield challenges: Declining oil &…
Subsea Processing Projects in Every Major Deepwater Basin Tordis Brownfield Gas/Oil/Water/Sand Separation Boosting Cascade Greenfield Boosting Pazflor Greenfield Gas/Liquid Separation Boosting Perdido Greenfield…
Subsea Services Subsea Wells Producing for More 7000 Than 5 Years 6000 Number of Wells 5000 4000 3000 2000 1000 0 2012 2013E 2014E 2015E 2016E Source: Infield Vessel Based Well Access 14 Demand 12 Number of…
Subsea Services Growth Asset management Equipment intervention Well access Installation 2.5B estimated FMC Technologies subsea services revenue by 2016 20
Shale Opportunities Growth Flowback Frac Frac cycle Separators Choke manifold Water processing Articulating frac Flowline arm manifold Well service pumps Frac trees Current offering Future offering Advanced…
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…
In Summary* An oilfield service & equipment company with Deepwater/Subsea Exposure 65% of Revenue Leading Market Position 38% Subsea Tree Unit Market Share Strong Customer Relationships Multi-year Customer Alliances Technology…