Skip to main content REPORT FOR THE 3RD QUARTER OF 2014 – Odfjell Drilling Investor Presentation | Shale Experts
Loading...
Pm

REPORT FOR THE 3RD QUARTER OF 2014 – Odfjell Drilling

Odfjell Drilling · Nov 26, 2014 · 27 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. REPORT FOR THE 3RD QUARTER OF 2014 – Odfjell Drilling – slide 1
    Odfjell Drilling Ltd. Report for the 3rd quarter of 2014 This interim report is unaudited and has been prepared in accordance with IAS 34 Interim Financial Reporting.
  2. REPORT FOR THE 3RD QUARTER OF 2014 – Odfjell Drilling – slide 2
    Key figures for the Group All figures in USD million Key figures Odfjell Drilling Ltd. Group Q3 2014 Q3 2013 YTD 2014 YTD 2013 FY 2013 Operating revenue. 275 300 820 885 1174 EBITDA. 84 103 250 305 393 EBIT.... 49 68 136 196 248 Net…
  3. REPORT FOR THE 3RD QUARTER OF 2014 – Odfjell Drilling – slide 3
    Financial review operations (Comparable figures for last comparable period in brackets) Consolidated group financials Profit & loss Q3 2014 Operating revenue for Q3 2014 was USD 275 million (USD 300 million), a decrease of USD 25…
  4. REPORT FOR THE 3RD QUARTER OF 2014 – Odfjell Drilling – slide 4
    Net cash flow from investing activities in Q3 2014 was negative with USD 36 million (negative USD 35 million), on same level as in Q3 2013. Net cash flow from financing activities in Q3 2014 was negative with USD 35 million (negative USD…
  5. REPORT FOR THE 3RD QUARTER OF 2014 – Odfjell Drilling – slide 5
    MODU - Financial utilisation The financial utilisation in Q3 and YTD 2014 for each of the Groups wholly or partly owned mobile offshore drilling units was as follows: Financial Utilization - MODU Q3 2014 Q3 2013 YTD 2014 YTD 2013 FY 2013…
  6. REPORT FOR THE 3RD QUARTER OF 2014 – Odfjell Drilling – slide 6
    Drilling & Technology segment All figures in USD million Key figures Drilling & Technology segment Q3 2014 Q3 2013 YTD 2014 YTD 2013 FY 2013 Operating revenue 78 88 237 265 352 EBITDA 3 7 0 19 25 EBIT.. 1 5 -5 15 20 EBITDA margin. 4% 7%…
  7. REPORT FOR THE 3RD QUARTER OF 2014 – Odfjell Drilling – slide 7
    The alliance will secure a unique combination of technical proficiency and operational capabilities sustaining a strong focus on innovative technical solutions that aims to improve operating results for customers. Further downsizing of…
  8. REPORT FOR THE 3RD QUARTER OF 2014 – Odfjell Drilling – slide 8
    Events in the reporting period New contracts adding USD 250 million in estimated revenues Statoil awarded Well Services a frame agreement for tubular running services with a duration of six years from January 2015 plus 2x2 year options.…
  9. REPORT FOR THE 3RD QUARTER OF 2014 – Odfjell Drilling – slide 9
    Quality, health, safety & environment (QHSE) Key figures QHSE YTD 2014 FY 2013 Lost time incident frequency (as per 1 million working hours) 1.0 0.8 Total recordable incident frequency (as per 1 million working hours).. 3.7 2.5 Sick…
  10. REPORT FOR THE 3RD QUARTER OF 2014 – Odfjell Drilling – slide 10
  11. REPORT FOR THE 3RD QUARTER OF 2014 – Odfjell Drilling – slide 11
    % & ' ( ) * **+ ,, + - . - .. *+- * - + ,' * . .. ) /. - * , + ' - 0 1 , , -' ., ' , ' -*' +* ,' 1 - - -' - ,* ' , -.' , . .' +- .' . , - + , , ,+ + ,' + *,' ' . .,.' + . ' . ,, -* . - ,+ ,- * ** 2 + ,' + -' + +' - -*…
  12. REPORT FOR THE 3RD QUARTER OF 2014 – Odfjell Drilling – slide 12
    % & ' 0 (0(10'( (0(10'( 0 '0'( ( + +, - ,*. -- . 0 4/ . -, **- , **, * 1 /. * 2+ ' ' 1 34' ' ' 3 15 '' 1 6 +. . + --- 5 ) ,- -., * *, , , ) . +, + + , + 31 3 6 (3 14 56 ' 433 3(3 ' 53 '3( ' 5 4 43 7 - % 5 . . * *…
  13. REPORT FOR THE 3RD QUARTER OF 2014 – Odfjell Drilling – slide 13
    % & ' 7 4 % & 2 + % 8 + + + / 7 - + 9 - '( 3 51 ( 614 6' 4 ( '3 3' '6 551 3 ( 0 8 ' - -. ) - * ' - * ' *-' * .' 5 ) - * ' + +., ,. - +* % 4 ,-' ,-' , *-' - +,' 7 4 & ) . +- ' . +- ' . +- ' ,.+ ,.+' & 5 & & ,.+ ,.+'…
  14. REPORT FOR THE 3RD QUARTER OF 2014 – Odfjell Drilling – slide 14
    % & ' & & ) 3 0 1 , . * , *- * * ,* + , + *, . .,. + . '8 & -*' . ' + - .' * ,,' , - ' ( 1 - - +. + -+. - -,, 6 & +. .* + . * ,. . ,, '8 ) -' *' , +' -' 2 '8 - + . - ' +, ' +*' 2 '8 1 ,' + ' +*' .. ' ,. ' 0 4 1 4 4 ' - ,, '…
  15. REPORT FOR THE 3RD QUARTER OF 2014 – Odfjell Drilling – slide 15
    % & ' 2 ;% 0 : ) ) A 4A' 5 A = A' < / ) & ) ) / 2 & 4 & / 1 % 4 6 5 B / ( / /B BC / 6 4 4 = < 4 4 5 ) 4 = & 4 / 1 1 4 5 & ) 4 6 +2 ) ) ( 1 1 1 4 4 4 1 ) 5 1 / 4 ) (% (% & (% / A( A 5 / 1 & ' 1 ) & 1 5 1 / 4 /&…
  16. REPORT FOR THE 3RD QUARTER OF 2014 – Odfjell Drilling – slide 16
    % & ' 2 ; < + < + 5 = A ) 1 ) 4 < 3 < <…
  17. REPORT FOR THE 3RD QUARTER OF 2014 – Odfjell Drilling – slide 17
    % & ' 2 ; 4 5 = ) ) 4/ D / I 4 & ) 5 6 = A < C ) & 4 6 C C '/ I5 4 I5' ) ' ) 5 = A 2 & =%%0 5 ) & & ( & / = A E C = C 4 ) . % , ( C / = & 4 = 4 5 C ) & / < D 4 / 4 / < / / + - , I5 4 / 0 ) ) 1 2 5 5 4 ) / / 2 /+…
  18. REPORT FOR THE 3RD QUARTER OF 2014 – Odfjell Drilling – slide 18
    % & ' 2 ;5 1 % + . + /+ + - & ) + 7 ) 7 ) ) ( )% '( < G 4 + .. . ..+ * + + , * **, * % - + ,* .* - - + ..-' ..-' - ' - -' - +..' *, ' ' ( 4 ,+ ' .' ++' *- ' .*' . % < ) ( )% '( 11 36 4 43' 55 ' 5 4 3' 1( 6( 41 ) ( )%…
  19. REPORT FOR THE 3RD QUARTER OF 2014 – Odfjell Drilling – slide 19
    % & ' 2 +; 5 = & & IC 7 C7' & / % / JA & 60 5 & &3 (0(10'( (0(10'( 0 '0'( 4 + . - - + - 4 3 6 (( 4 4 (3 4( (( 1 & 4 & 3 (0(10'( (0(10'( 0 '0'( = 2 & 7:0 *+ , ,, + +, : ) ' * , , + : / 4 - . 3 3(4 43 6 6 4( '3…
  20. REPORT FOR THE 3RD QUARTER OF 2014 – Odfjell Drilling – slide 20
    % & ' 2 -;0 ) & 5 = ) 9 5 6 ) 14 4 & & 1 < 71 5 4 4 < & < & B ) 7 : 4 < 5 4 < & +/ / / +E 5 & 2 J + B & ) / 4 1 < & 5 4& +E 4 ) ) 4 5 4 < & + & +% = C 5 4& % / 4 .,- & ) 2 J - ., 5 -E 5 4& 2 *;7 7 /& & ) 70 ' )…
  21. REPORT FOR THE 3RD QUARTER OF 2014 – Odfjell Drilling – slide 21
    % & ' 2 .; 1 (0(10'( (0(10'( 0 '0'( ( ) ) , * - ** . . - . *, * ) +, ( ) ) . + + -+ ( ) * , + & (5 ( ' ' ( ' (0(10'( (0(10'( 0 '0'( < . . ( ) 8% 4 +- --- - - . ) 4 .,' ,*- -,' + ( + ,- - 1 ) - ' - ' .' 4 *+ ' * '…
  22. REPORT FOR THE 3RD QUARTER OF 2014 – Odfjell Drilling – slide 22
    % & ' 2 ,;6 & (0(10'( (0(10'( 0 '0'( 2 - , .. , * .- . . -+ . *. '( '1 ' 3 ( '5' 6 / ) + % * - * , ) ( )% '( G 4 , * 2 & < : 4 < ' : & + ' / *, . ) ( )% '( ( 4'1 ) ( )% '( G 4 + 2 & < * : 4 < + + ' : & . ' / * . ) ( )%…
  23. REPORT FOR THE 3RD QUARTER OF 2014 – Odfjell Drilling – slide 23
    % & ' 2 ;( 1 ( 1 1 A & ) 1 1 4 1/ 4 1 . -' +. ' * .--' + .' .' 5 1 4 / 4 1 --+' , ,.' -. ' -- ' -. ' 1/ 4 1 -' ,. ' . +, . & & + - ) 3 315 ( 1 3 ' 3'1 '3 ' ' 536 7 ) 1 * E +E +E ,E E 5 1 4 4 / .' + * +' ,. ' 1/ +* ** ' .…
  24. REPORT FOR THE 3RD QUARTER OF 2014 – Odfjell Drilling – slide 24
    % & ' 2 ; 1 5 1 / 2 & & A% /& ) ) % 5 & < 5 4 4 & = G + 5 1 4 ( 4% % C % % %' ) 1 42 J 5 ) ) ) 4 4 ( ( ) 5 C 4 + * ( 4% % 2 J -, ) 1 ) ) ) 5 2 ;7 4I ; ( )% '( B C 0 * / E 6 < %= 6 < -, +- /+ E 4 0 + - /* E 4…
  25. REPORT FOR THE 3RD QUARTER OF 2014 – Odfjell Drilling – slide 25
    % & ' 2 ;2 ( ,- .. .- * , ( - + * * ( 1 - ' *' . +.' ' +- + ' & 1 +.' .*' + .' * ,.' . ,, ' = 8 ' & -* * +- . * - , - 4 + . . - ++ + -, 4 , .' - - ' * ' * * ' + -' +- ' + ' . ' ,- ' + **.' + ) 31 '3 ((4 3 3 4 45' 54…
  26. REPORT FOR THE 3RD QUARTER OF 2014 – Odfjell Drilling – slide 26
    % & ' 2 ;: 4 / 4 0 /& & * E B 0 .E : * ) + * , /+ , % , .- * +* -- - *.- . , 16 4 ' (5 35 44( 4 564 6 1' & , % *- + . + ) % - + * *
  27. REPORT FOR THE 3RD QUARTER OF 2014 – Odfjell Drilling – slide 27
    % & ' 2 +( ) 5 ) 4 ) &

From the store

Browse maps, data & reports in the Shale Experts store