FMC Technologies Overview Third Quarter 2014 Director, Investor Relations Bradley Alexander +1 281.260.3665 bradley.alexanderfmcti.com
An oilfield services and equipment company 7.1 billion revenue in 2013 19,700 employees worldwide* 30 production facilities in 17 countries* Recognized by Forbes Magazine as one of the Worlds Most Innovative Companies * As…
7.1B Revenue in 2013 from three segments 66% Subsea Technologies Subsea Systems Multi Phase Meters Schilling Robotics 25% Surface Technologies Surface Wellhead Fluid Control Completion Services 9% Energy Infrastructure…
Subsea Technologies is 66% of revenue FMC Technologies 2013 revenue All other products Subsea Technologies 6
Our focus is on Subsea Systems Market share Orders (2009 2013) GE 12% FMCTI Aker 43% 21% Revenue Tree units (2009 2013) (2009 2013) Cameron Dril-Quip 18% 6% GE GE 14% 16% Total Market 49.3B FMCTI Aker FMCTI Aker 17%…
Customer subsea tree demand Future tree awards (2014* - 2018) 900 800 700 676 600 500 400 300 227 206 200 178 139 125 96 93 58 52 100 0 Source: Estimates from Quest Offshore Resources, Inc., May 2014 Over half of the…
Tree growth consistent with deepwater expansion Tree awards 800 700 634 667 670 602 600 553 488 500 452 434 416 400 373 319 311 300 200 100 Source: Estimates from Quest Offshore Resources, Inc., May 2014 9
IOCs increasing focus on deepwater bbl/d 14,000,000 Deepwater production Water depth (M) The fastest growing source to meet 12,000,000 incremental production demands 10,000,000 Accessible opportunity for IOCs to 8,000,000…
Expanding rig fleet adds capacity for subsea well completions 73 new deepwater rigs Deepwater semis and drill-ships increasing fleet by 26% 400 329 350 from 2012 to 2016 325 277 288 304 250 5th and 6th generation 175…
Technology leadership Strong subsea track record 12
Capabilities in all major deepwater basins 2013 Subsea Technologies Revenue: 4.7B Asia- Norway Pacific Europe South Newfoundland Scotland America North Africa America Houston Ivory Coast Ghana Malaysia Nigeria Congo…
Major subsea project opportunities ahead Potential 150M+ subsea production system projects in the next 15 months* Operator Project Location No. of Trees Cobalt Cameia Angola 6 Husky Liwan Phase 2 China 5 ENI Block 15/06 - East Hub Angola…
Expanding our subsea solutions scope Core products New products Trees Subsea processing Separation Manifolds Boosting Control systems Gas compression Template systems Well Intervention Services Flowline Remotely Operated…
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 & gas…
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 than 5 years 7000 6000 Number of Wells 5000 4000 3000 2000 1000 0 2012 2013 2014E 2015E 2016E Source: Infield Vessel based well access demand 14 12 Number of…
Subsea Services platforms for growth Operation and management Maintain production, Installation increase recovery The Subsea System life cycle Drilling and Plug and completion abandonment Asset Product Equipment Installation…
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 Separation Systems Compact in-line primary separation Schilling Robotics ROVs, manipulator systems, controls Direct Drive Systems Technology High power, compact permanent magnet motors, magnetic…
In Summary An oilfield service & equipment company with Deepwater / subsea exposure *66% of Revenue Leading market position **40% Subsea Tree Unit Market Share Strong customer relationships Multi-year Customer Alliances…
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