Market Trends Global Oil Demand (In million barrel per day) E&P: high single digit growth expected, driven 95 14 by more challenging exploration zones and 90,7 12 increased focus on production Demand change in mb/d…
Becoming a Reservoir/Geoscience Company Geology analysis of basins Geology & Seismic Equipment Reservoir Seismic Acquisition: Marine, Land & Airborne Interpretation Drilling & Processing & Imaging Completion Softwares and Services…
A Transformed Company
Our New Organization Geology, Equipment Acquisition Geophysics & Reservoir Full range of products and clear Full range of seismic and other Multi-Client Data Library: market leadership Onshore, geophysical methods for…
Seismic Equipment 8
Sercel Today Where we stand in todays market A proven strategy Moving forward: Strong position for continued growth 9
Operating Income Evolution Excellent Resilience to the down-turn 32% 31% 32% 29% 1209 22% 1142 1204 1000 420 427 858 463 485 295 789 777 679 563 515 2008 2009 2010 2011 2012 Land Revenues (M) Marine Revenues (M)…
2012 Leader In Most Seismic Equipment Segments 2012 Total Market US 1.95 Bn Total US 1,24 Bn Total US 0.71 Bn Others Downhole Vibrators Sensors Cableless Systems Others Navigation Source Seabed Streamer Positioning Cable…
A Proven Strategy A full range of leading products New products ahead of the future Technology implementation/validation through CGG vessel & crews Design to cost UNITE cableless acquisition system Leveraging the install base…
Unrivalled Install Base 2/3 of worldwide land crews: 408UL/428XL sales: 4,100,000 channels (of which 500,000 digital channels) Unite sales: 110,000 channels UNITE DSU1 Digital single sensor 428XL 2/3 of worldwide marine…
Industry Trends Moving Forward Increasing resolution for smaller geologic features Improved data quality to image complex geology Acceleration into reservoir characterization & production while reducing seismic acquisition cost…
Land: Poised to Benefit from Increasing Technology Intensity Demand More channels for higher resolution Continuous channel count growth (x5 every 10 years) 408UL/428XL sales: 4,100,000 channels Enabling Megacrews toward 1,000,000…
Marine: Poised to Benefit from Increasing Technology Intensity Demand More and longer streamers per vessel Continuous channels count growth (x2 every 5 years) 10% breakage + replacement / year Sentinel launched in 2006 increasing…
Strong Position for Continued Growth Clear market leadership Impressive install base Strong manufacturing know-how and capabilities Technology leadership with a high level of R&D spending A cornerstone for CGG innovative…
Acquisition Division Market Overview Marine Land Airborne 4.8 B 5.3 B* 0.3 B 2012 Est. market size 2012 Est. market size 2012 Est. market size Largest high-end seismic fleet Expertise in all environments Market leader with…
Leading High-End Fleet HIGH CAPACITY VERSATILE 10-20 streamers 3-8 streamers Oceanic Sirius Oceanic Vega Geo Coral Geo Caspian Aliz Princess Pacific Finder 20 Tow Points 20 Tow Points 16 Tow Points 16 Tow Points 16 Tow Points…
Geology, Geophysics & Reservoir Division Market Overview Geology & Subsurface Multi-Client Technical Data Geophysics Imaging New Consulting Management Software & Ventures Services 1.5 B 4.4 B 4.0 B 1.2 B 0.5 B 2012 Est. market…
Santos Basin 69,000 km2 Reference: Ryan, W. B. F., S.M. Carbotte, J. Coplan, S. O'Hara, A. Melkonian, R. Arko, R.A. Weissel, V. Ferrini, A. Goodwillie, F. Nitsche, J. Bonczkowski, and R. Zemsky (2009), Global Multi-Resolution…
Accelerating the Transformation of the New CGG
CGG 2013 Revenue Trends Geology, Geophysics Equipment Acquisition & Reservoir Marine acquisition Multi-client Combined fleet: 90% booked Multi-client program based Total Revenue expected to on: remain stable in 2013 into Q1, 80%…
2013 Financial Objectives In this year of transformation: Total Industrial Capex expected to be in the range of 350 - 400 million Multi-clients capex expected to be in the range of 350 - 400 million with a prefunding rate above 75%…
Thank you
Delivering the Transformation of the New CGG Building the New CGG A new organization and clear Integration Plan already in place for full efficiency by end H1 Maintaining strong focus on cost base and Accelerating Growth operational…
Net Debt by Year-End 2012 (In million) Financing Fugro Operation 975m (414m) 2,105m 279m 1,411m 1,410m (360m) 785m 2011 2012 Net Debt Capital Oceane 2019 Oceane 2019 2012 Fugro 2012 Proforma Net Debt Before Increase (468m…
Balance Sheet: Capital Employed as End of December 2012 906 Goodwill 2,416m Equity 4,493m MC Library 604m Fugro Impact 584m Net Fixed Assets 1,574m Minority Interests 99m Net Current Assets 784m 785m Net Debt…