UBS Houston Energy Bus-less Tour Maryann Mannen Executive Vice President and Chief Financial Officer
Actions Focused on Improving Project Economics Company-specific initiatives have provided tangible results Improved project execution avoids costs and defends market share Restructuring creates greater efficiencies and permanent…
Subsea Technologies Creating a Lower Cost Platform That Preserves Manufacturing Capabilities M Rolling 4 Quarter Period Lower cost, reduce physical capacity 6,000 18.0% through facility rationalization 5,000 Facility rationalization…
Surface Technologies Further Restructuring to Address North American Markets International activity largely as expected NAM rig count troughed 25% below initial planning assumptions Incremental pressure-pumping fleet…
TechnipFMC will Offer Clients Unique Subsea Products and Services Topsides and facilities Life of field and monitoring SURF: Subsea umbilicals, risers and flowlines SPS: Subsea production systems (including…
and a Full Suite of Capabilities Sourced from a Single Contracting Partner Conceptual Design Project Execution LOF & Maintenance & FEED Equipment Engineering Procurement Construction Installation supply subsea Rationalized…
Diversified Mix of Integrated FEED Studies Forsys Subsea studies by type Customer Type Scope (Tree Count) Field Type NOCs 21+ XTs Independents 1-10 XTs Brownfield Greenfield 11-20 XTs IOCs Relationships Geography Africa…
Redesign Subsea TechnipFMC Integrated Approach Traditional field development Integrated technological approach Up to 30% cost reduction in SPS/SURF scope Fewer SPS interfaces and reduced equipment complexity Reduction in…
Significant Potential for Cost Synergies Pre-Tax Cost Synergies of approximately 400m by 2019 Supply Chain Base plan Stretch Commodity raw material cost savings Better terms with shared suppliers Beneficial scale effect from…
Integrated Approach Improved Project Economics Create Revenue Synergies Multiple opportunities to create revenue synergies Early involvement can improve positioning on new projects Integrated technologies provide differentiation…
Merger Creates A Leading Oilfield Services Provider Global Scale and Strong Balance Sheet One of Largest OFS Companies by Revenue With an Industry Leading Balance Sheet 1 EBITDA calculated as Revenue - Expenses + Depreciation and…
Creating Unique Competencies and Delivering Unparalleled Value Provide a comprehensive and flexible offering Accelerate and integrate technology innovation Create a single, accountable contracting partner Create a more…