Presenter: John T. Gremp President and Chief Executive Officer September 2011
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…
Subsea is 2/3 / of Total Revenue FMC Technologies Revenue Subsea Systems 2011 Estimated Subsea Revenue 3.3B Energy Production Energy Processing 4
Surface Wellhead and Energy gy Processing g FMC Technologies Revenue Surface Wellhead Fluid Control Surface Subsea Energy Systems Processing Measurement Solutions Energy Production Energy Processing Loading Systems 5
Market Leadership p in Subsea Systems y Market Share Order Value (2007 2010) Technical leadership GE 13% Systems approach Aker FMC 11% 46% Dril-Quip g Frame agreements 7% Cameron 23% Global capabilities Source:…
Increasing g Deepwater p Activity y Deepwater Production d BPDE) duction (thousand Greater percentage of oil production coming from deepwater Prod Positive economics for deepwater developments Deepwater Capex…
Tree Growth Consistent with Deepwater Expansion 700 Tree Awards 657 625 567 550 538 542 475 415 400 373 325 319 250 175 100 2009 2010 2011E 2012E 2013E 2014E 2015E Source: Quest Offshore Resources, Inc., May 2011 8
Customer Subsea Tree Demand 525 Tree Awards (2012 -2016) 450 405 375 300 241 235 219 225 195 165 146 150 108 91 69 75 0 Source: Infield Over half of the next 5 years anticipated tree awards coming from…
Subsea Processing g Boosting Gas Compression Compression Station S Separation ti Boosting Station Separation Station 10
Subsea Processing g Separation Boosting Gas Compression 11
Growing g Opportunities pp for Subsea Processing g 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…
FMC Strategy gy in Summary y 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…