Providing Solutionsfor the Building Solutions to the Energy Energy Industry Industry John CAMBRIDGE, Managing Director Genesis Bank of America Merrill Lynch Oil & Gas Conference, Hertfordshire, April 1, 2014
A World Leader Bringing Innovative Solutions to the Energy Industry A world leader in project management, engineering and construction for oil & gas, chemicals and energy companies Revenues driven by services provided to clients…
Global Business with Unique Multi-Local Footprint North Sea 4,900 people Founded in 1978 Orkanger Pori Evanton Newcastle Europe North America Le Trait 9,100 people 3,800 people Founded in 1958 Founded in 1971 Middle East…
Two Complementary Business Models Driving Financial Structure and Performance million Subsea Onshore/Offshore Operating Operating Operating Operating Backlog Backlog Income1 Margin1 Income1 Margin1 8,642 7,939 606 585 15.0%…
Two Complementary Business Segments Subsea Onshore/Offshore Worldwide leadership Proven track record with customers & Unique vertical integration business partners R&D Engineering & construction Design & Project Management…
Sustaining Profitable Growth 9
Technips Strengths Driving Backlog Growth Ethylene and hydrogen To Deliver Sustainable & Profitable Growth Specialized refining and petrochemical technologies Well diversified, profitable backlog Strong track record in major…
2013 Revenue Split by Geography Apache II, North Sea Europe / Russia Central Asia Americas Lucius Spar, GoM 31% 29% 9.3 billion Burgas refinery, Bulgaria 9% 21% 10% Africa Asia Pacific Middle East Flexibras,…
Backlog Diversification By Geography By Market Split By Customer 3% Others 17% Petrochems 10% Africa Refining / Heavy Oil 30% 8% Others Middle East 10% Gas / LNG / FLNG 8% Americas 32% Shallow Water(1) International 36%…
And by Contract Size Subsea Onshore & Offshore 8.6 billion backlog 7.9 billion backlog Moho Nord, our largest project, Largest projects: added over 1 billion Prelude FLNG, Australia Martin Linge platform, Norway Next largest…
Vertical Integration: Early Involvement Delivers Better Solutions for Customers Early Engagement Technip E&C Activities Bespoke Solutions Subsea / Offshore CONCEPT CONCEPT CREATE ASSESS FEED EPC OPERATE DECOM SELECTION…
Very Broad Execution Capabilities in Subsea Heavy Lift J-Lay & S-Lay Reel-Lay J-Lay & Subsea Reel-Lay Heavy Lift Ultra-deep water infield lines Deepwater infield lines Deep-to-shore (Very high tensions: alliance with…
Delivering Fit-for-Purpose Solutions for more than 25 years Merger with Technip Deep Water Engineering Group Acquisition of Suporte Offices opened: Houston, Rio de Janeiro, Kuala Lumpur, Oslo A wholly owned subsidiary of Technip…
Genesis adds Value at Front-end of Projects Consultancy (Global) Concept Selection/Engineering Field Development Planning Multidiscipline Engineering Cost Estimating and economics Risk and Uncertainty Advanced Simulation (CFD,…
Differentiation Through Genesis Provide independent decision support from pre-Feasibility, through feasibility, Concept selection and pre-FEED World class approach to option identification and evaluation Reference Class Cost…
Worlds only Integrated Subsea Solution provider Genesis: providing independent subsea architecture development and component selection Technip: Integrating our subsea proprietary technologies and offshore platform knowhow with third…
Investment in Key Subsea Assets Plants New long-term charters 5 2007 7 Two 550t PLSVs Vessels 18 2007 North Sea Atlantic 35, incl. 9 under construction As of February 28, 2014 20
Momentum in Delivering Differentiating Assets Start-up 2016 & Start-up 2012/13 Start-up 2014/15 beyond G1201 Au plant New DSV(1) Deep Orient Newcastle plant New CV(2) Deep Energy upgrade Four PLSVs(3): North Sea Atlantic 2x 300…
Deepwater Regions with largest growth Deep-water will be a major growth area in the next three years. Over US70 billion will be spent on development projects in 2013, rising to nearly US100 billion by 2016, with around 80% of…
Unique and Customized Product Range to Match Offshore Client Needs Fixed Facilities Self-Elevating GBS (Gravity- Piled Jackets Artificial Islands (TPG 500) Based Structure) FPSO Semi-Submersible SPAR TLP FLNG Floating…
World Leader in Ethylene, Petrochemicals, Gas Processing, LNG and Hydrogen Petrochemicals Gas Processing Refining & heavy oil Others Ethylene Gas treatment Hydrogen Mining and metals Polyolefins LNG (Liquefied Natural Clean fuels…
Stone & Webster Process Technologies: Enhanced Portfolio of Downstream Technologies Business Domains Technologies and Skills Cryogenic separation LNG Cooperation with Air Products and Chemicals, Inc. (APCI) GTL Exclusive…
2013 Financial Highlights 26
Full Year 2013: Operating Performance million (audited) FY 12(3) FY 13 Change Revenue 8,203.9 9,336.1 13.8% EBITDA(1) 1,023.6 1,078.0 5.3% EBITDA Margin 12.5% 11.5% (93)bp Operating Income(2) 828.7 844.5 1.9%…
Consolidated Statement of Financial Position million (audited) December 31, December 31, 2012(1) 2013 Fixed Assets 6,033.8 6,136.5 Construction Contracts Amounts in Assets 454.3 405.0 Other Assets 2,847.0 3,468.5 Cash &…
Proposed Dividend Increase of 10 percent Dividend per share () 2008 - 2013 1.85(1) CAGR: +9% 1.68 1.58 1.45 1.35 1.20 2008 2009 2010 2011 2012 2013 (1) Recommendation of Technips Board of Directors to be approved…
2014 & 2015 Outlook 30
Business Trends SUBSEA LNG/FLNG DOWNSTREAM Mid-term drivers Mid-term drivers Mid-term drivers Proving out of resources in deep Gas is increasingly the clean fuel of Shale gas as abundant industrial water basins in Brazil, Angola,…
Business Environment Europe & CIS(1) North Sea North America & Caribbean Opening of promising Early phase engineering in the Increase in platform resources in Russia GoM, Caribbean & Canada for activity & brownfield offshore…
Backlog Visibility(1) million Subsea Onshore/Offshore Group 2014 3,427 4,314 7,741 2015 2,913 2,596 5,509 2016+ 2,302 1,029 3,331 Total 8,642 7,939 16,581 (1) Backlog estimated scheduling as of December 31,…
Guidance reiterated for 2014 and 2015 2014 Subsea Revenue growing to between 4.35 and 4.75 billion, with operating margin of at least 12% Onshore / Offshore Revenue growing to between 5.4 and 5.7 billion with operating margin…
2014 & 2015 Priorities Maintain a diversified project portfolio, increasing the technology and product mix in our business Relentless focus on current project execution Maintain flexibility and prudence in capex management…
Providing Solutions Thank you to the Energy Industry
Annex 37
40,000 People Throughout the World, Growing Close to Clients 4,900 +58% 9,100 +32% 3,800 +90% 2,700 3,700 +80% +106% 9,500 +126% Fleet & others 4,300 1,000 +65% +100% Dec. 2013 114 Nationalities across 48…
Subsea Vertical Integration: Customer Support from Concept to Execution Concept Execution Project Engineering & Procurement P R Upstream O Engineering Manufacturing J With Genesis(1) E Flexible risers Rigid Pipeline Umbilicals…
Flexible Pipe Manufacturing Plants Flexi France Le Trait, France Asiaflex Products Tanjung Langsat, Malaysia Flexibrs Vitria, Brazil Port of Au Au, Brazil 40 Fourth Quarter and Full Year 2013 Results
Umbilicals Manufacturing Plants Duco Ltd Newcastle, UK Duco Inc Houston, USA Asiaflex Products Tanjung Langsat, Malaysia Angoflex Lobito, Angola 41 Fourth Quarter and Full Year 2013 Results
Offshore Manufacturing & Logistic Bases Mobile, Alabama, USA Orkanger, Norway Evanton, UK Port of Angra, Brazil Dande, Angola Carlyss, Louisiana, USA 42 Fourth Quarter and Full Year 2013 Results
High Performing Fleet(1) Flexible Lay & Construction J-Lay & Rigid Reel Lay Deep Orient Skandi Niteroi & Vitoria Apache II Deep Energy Deep Pioneer Deep Blue Diving Multi Support Vessel S-Lay Heavy Lift Skandi Arctic…
Helping Clients to Develop Ultra-deepwater Fields Geographical footprint covers key subsea markets worldwide (engineering, sales & business development, yards, spoolbases, flexible & umbilical plants) Unique set of capabilities…
Onshore/Offshore Key Markets Onshore Downstream Unique Position Expertise in Full Range of Offshore Facilities Petrochemical & Floating LNG Ethylene Refining Spar LNG & GTL Fixed platform Fertilizer FPSO 45…
Technology Strength Diversifies Our Revenue Process Technologies Licenses Process Design / Engineering Proprietary Equipment Licensed proprietary technologies Process design packages / Design, supply and installation of chosen…
Stone & Webster Process Technologies: Enhanced Portfolio of Downstream Technologies Business Domains Technologies and Skills Cryogenic separation LNG Cooperation with Air Products and Chemicals, Inc. (APCI) GTL Exclusive…
Technip Stone & Webster Process Technology Leading Position in Growing Markets Strong Track Record Recent Key Projects 35% installed capacities with 120 references CP Chem cracker, USA S&W Ethylene 25% of licensing over the past…
FLNG1, an Innovative Solution for our Customers Floating LNG moving from concept to reality 2 facilities under construction after FEED completion Several conceptual studies for various clients Shell FLNG Petronas FLNG Petrobras…
Africa: Strong Footprint and Long Term Prospects Technip in Africa 1,000 people 1st office founded in 1995 Leadership of flagship Pazflor in Angola Strong local content Lagos Ultra-deep water projects requiring Accra Port…
Asia Pacific: Dedicated Assets for High Potential Market Technip in Asia Pacific Assets & Activities 9,500 people Engineering & project management centers Founded in 1982 Flexible/umbilical manufacturing plant: Asiaflex,…
Middle East: Largest Engineering Capacity in the Region Assets & Activities Technip in Middle East Engineering & project management 2,700 people centers Founded in 1984 Wide range of services: from conceptual and feasibility…
North America: Solid Reputation With Enhanced Portfolio of Downstream Technologies Assets & Activities Engineering & project management centers with North America Subsea, and Onshore/Offshore capabilities 3,800 people Spoolbases…
North Sea Canada: Market Leadership in a Growing Market Assets & Activities Technip in North Sea Engineering & project management centers 4,900 people Spoolbases 1st office founded in 1978 Orkanger, Norway Evanton, UK Steel…
Brazil: Building upon Solid & Profitable Business Differentiating Assets & Activities Technip in Brazil +36 years Wide range of assets: 4,300 People High-end manufacturing plants: Flexibras Founded in 1977 and Au (worlds most…
Technip in Brazil: Steady Development to Provide Unmatched Local Content New manufacturing plant: Auflex 6 PLSVs on long-term charters For up to 3,000m water depth 1st IPB2 in Brazil 2013 1st Brazilian PLSV: Skandi Vitria…
Loading...
