FMC Technologies Cash Position Net Debt Share Repurchases* 1.5 800 250 6.0 Shares Purchased ( Millions) 200 5.0 600 Net Debt ( Billions) Cash ( Millions) 1.0 Value ( Millions) 4.0 150 400 3.0 100 0.5 2.0 200…
Well Positioned for Downturn Leverage strong performance Execution momentum Leading market position backed by strong customer relationships Robust subsea backlog Solid cash position Significant and early actions in response to…
Long-term: Deepwater Remains Important Partners Equipment Scope 40 Million Barrels / Day of New Production Sources for New Production Required 110 100 Shale 16% Deepwater 90 27% Mmb/d 80 70 Controls Conventional Well…
Significant Deepwater Discoveries and Backlog Approximately 80% of major Deepwater Discoveries and Undeveloped Inventory exploration finds have been in 90 600 Number of Undeveloped Fields 80 deepwater 500 Number of…
Sustained Deepwater Spending Growth Global Offshore Spending Remain committed to developing large deepwater fields portfolios 500 400 Overcome challenges associated Billions 264 with improving returns 300 182 200 A 20%…
Focus is on Increasing Operator Returns Execution Standardization Technology New business models 11
Jointly Approaching Subsea Development Engage early with customers on front-end concept design Deliver integrated design of subsea infrastructure from topside to seabed Integrated life of field well surveillance and monitoring…
New Business Model Bridge the Chain Front End Engineering Project Execution Deepwater Total Project Impact Drilling & Reservoir Downhole Development Completion Subsea Subsea Field Development Production 30% Systems Seismic…
Forsys Subsea Highlights Global Footprint Exclusive alliance with Technip 320 employees 6 operating centers Operation funded 50/50 London Headquarter, Additional offices in Houston, Paris, Oslo, Singapore, Rio de Janeiro…
Summary Well positioned to manage downturn successfully and emerge stronger Deepwater remains a critical source of future supply Focused on improving operator returns using new approaches and business combinations 15