The strategy for future growth Continue subsea Pursue new growth market leadership platforms Deliver superior performance 3
Continue subsea market leadership Preferred subsea provider Orders Market Share Technical leader (2007 2011) Industry best execution GE 15% Aker FMC 10% Partnerships and Technologies 47% Dril-Quip 7% customer relationships…
Continue subsea market leadership Increase in subsea drilling activity 14 Deepwater (5000+ ft) Discoveries 12 Billion of BOEs 10 1200 Subsea Wells to Be Drilled 8 6 1000 Number of Wells 4 800 2 600 0 400 2001…
Continue subsea market leadership Subsea market poised for growth Customer access to reserves Tree Awards 800 New discoveries 700 581 604 600 573 571 523 Increased deepwater CAPEX 500 462 452 434 416 400 373 319 311…
Continue subsea market leadership 2013 expectations Inbound exceeding 2012 total of 4.6 Billion Continued Subsea Technologies revenue growth in 2013 Deliver full year Subsea Technologies margins of at least 13% 7
Pursue new growth platforms Subsea systems Subsea services Shale 8
Pursue new growth platforms Acquiring key technologies CDS Separations Systems Schilling Robotics Direct Drive Systems Multi Phase Meters Control Systems International Pure Energy Services 9
Pursue new growth platforms Marlim - Subsea separation and re-injection system Four phase separation system - oil, gas, water and solids Water polished to allow re- injection to reservoir Max flow rate: 22kboe/day Water depth:…
Pursue new growth platforms Marlim - Subsea separation and re-injection system FPSO P-37 Water injection well Production well 11
Pursue new growth platforms Subsea systems - Multi Phase Meters Growing numbers subsea and topside Plug-and-play with exceptional performance Optimize and increase production Total number of MPM meters ordered through 2012…
Pursue new growth platforms Subsea systems Helico-axial pump 3.2MW, 5,000 psi helico-axial multiphase subsea pumping system Collaboration with Sulzer Pumps DDS high speed and high efficiency permanent magnet motor 2013 OTC…
Pursue new growth platforms Subsea services Asset management Equipment intervention Well access Installation 2.5B estimated FMC Technologies subsea services revenue by 2016 14
Pursue new growth platforms Subsea services Subsea Wells Producing for More Vessel Based Well Access 7000 14 Than 5 Years Demand 6000 12 Number of Vessels 5000 10 4000 8 3000 6 2000 4 1000 2 0 0 2012 2013E 2014E 2015E…
Pursue new growth platforms Subsea services - FMC FlowManagerTM Offshore operations Client onshore support center Onshore operations Decision making based on flow data and recommendations FMC support center Subsea…
Pursue new growth platforms Shale Frac cycle Flowback Frac Current offering Future offering Water processing 17
Deliver superior performance Requirements for success Focused on quality and reliability System standardization Prepared for growth 18
The focus of FMC Technologies Deliver earnings growth with industry leading returns Continue our leadership position in the expanding subsea markets Invest in technology that strengthens our subsea capabilities Identify and…