2013: Delivering the Transformation of the New CGG
Market Trends 3
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…
Seismic Equipment Market Equipment 1.9 B 2012 Est. market size Land Equipment Volume linked to large megacrews projects Progressive shift from land analog systems to digital systems Land Marine Equiment Limited number of…
Acquisition Division 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 comprehensive…
Geology, Geophysics & Reservoir Division 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 size 2012 Est.…
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 10
Sercel: A Clear Leader A full range of products and clear market leadership offshore, onshore and downhole Technology leadership and significant continuous R&D commitment Significant installed base and outstanding customer support…
Acquisition Delivering a full spectrum of geophysical data All geophysical methods All environments Land Marine Seabed* Seismic Non-Seismic Airborne** Land Marine *Seabed Geosolutions joint venture is 60%-owned by Fugro…
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…
Movie of steam chamber during 6 months injection 14
Geology, Geophysics & Reservoir 15
Geology and Reservoir Engineering Robertson consultancy and solutions for exploration through to production Acknowledged leader in geological multi-client products and reports Onsite analysis and real-time petrophysics…
CGG Global Library: recent and well-positioned 3D: 45,000 km2 N. Sea Canada 2D: 13,165 km 3D: 25,825 km2 Caspian US Land 3D: 29,000 km2 GOM 3D: 153,245 km2 2D: 5000 km WAZ: 54,400 km2 (BroadSeis 3500) Asia 3D:…
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…
Processing & Imaging The most-advanced technology Unsurpassed local presence & unparalleled service Over 40 local centers, and 2,200 experts R&D and Innovation: over 10% of our staff 19
Reservoir Services The leading names in Seismic Reservoir Characterization Software & Services Hampson-Russell Jason Bringing together petrophysics, modeling and seismic inversion to solve exploration and production challenges…
Data Management Services Transforming Data into Knowledge to accelerate your E&P decisions Adding value with intelligent storage & data conditioning Supporting enterprise & national-scale data management Auditing & Training 21
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%…
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…
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
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…