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 661 625 561 577 554 550 475 400 373 363 325 319 250 175 100 2009 2010 2011E 2012E 2013E 2014E 2015E Source: Quest Offshore Resources, Inc., August 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 O Over h half lf off th the nextt 5 years awards d ffrom customers…
Subsea Processing g Boosting Separation Compression Station G C Gas Compression i Boosting Station Separation Station 10
Subsea Processing g Boosting Separation 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…
Marlim Project: I Increasing i B Brownfield fi ld Oil Recovery R Project Operator: First deepwater subsea oil/water separation system Mature field (brownfield) with heavy oil and increasing water production Gas/oil/water/sand…
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…
Acquiring Key Enabling Technologies CDS Separation Systems Compact in in-line line primary separation Schilling Robotics ROVs, manipulator systems, controls Direct Drive Systems High power, compact permanent magnet motors,…
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…
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Major Subsea Project Opportunities Ahead Potential 150M+ subsea production system projects in the next 15 months* Operator Project Location No. of Trees Chevron Wheatstone Australia 11 Apache Julimar Australia 8 Inpex Ichthys…