Cowen and Company 3rd Annual Ultimate Energy Conference Maryann Seaman Senior Vice President and Chief Financial Officer
FMC Technologies overview Orders B 8.5 to 8.7 8 6 4 2 1.3** 0 2001 2013E Revenue B 8 6.8 to 6.9 6 4 2 1.1 0 2001 2013E EPS 3.00 2.00 to 2.10 2.00 1.00 0.22*** 0.00 2001 2013E * All CAGRs are based on the midpoint…
Subsea Technologies inbound Subsea inbound Four consecutive years of B 8 market leading orders 6.0 6 Major awards coming from all 4.6 producing basins 4 4.2 3.9 Expected growth in Africa and 2 Gulf of Mexico will continue…
Subsea Technologies backlog and conversion B Subsea backlog conversion to revenue 8 Continued backlog growth 6.0 6 Increased number of multi- 4.6 4.1 year projects that convert to 4 3.6 revenue at a slower rate 2.0 60% 50% 2…
Subsea markets growth profile Deepwater semis and drill-ships Subsea wells to be drilled Subsea field discoveries yet to 500 1000 be developed 625 400 800 Number of wells Number of fields 500 Number of rigs 300 600…
Subsea tree growth 800 Tree awards by year 600 Future tree awards by customer 530 (2013-2017) 700 679 500 638 618 600 583 400 188 519 141 171 500 300 195 105 416 400 208 200 108 159 311 145 136 128 300 90 62 100 78…
Preferred subsea provider Market share by order value Technical leader (2008 2012) GE Industry best 15% execution FMCTI Aker 41% 19% Partnerships and customer Cameron 19% relationships Dril-Quip 6% 8
Subsea processing Marlim Subsea separation and re-injection system FPSO P-37 Production well Water injection well 10
Subsea processing Leader in subsea separation From bulk gravity... ...to inline... to compact Tordis Marlim Future system (expanded capacity, smaller footprint) 11
Subsea processing Helico-axial pump Pump module Boosting station DDS motor cartridge Pump unit Pump cartridge 12
Subsea services Platform 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…
Subsea services Asset management - Condition and performance monitoring System data Condition and Decisions and advice performance monitoring technology Simple sensor validation Overall data reconciliation Condition monitoring…
Subsea services 7000 Subsea wells producing for more than 5 years 6000 Well intervention Number of wells 5000 4000 3000 2000 1000 0 2012 2013E 2014E 2015E 2016E Riserless Riser based Source: Infield Vessel based…
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…