Subsea 7 S.a. · OSL:SUBC
Subsea 7 — Pareto Conference 2012
14 slides from Subsea 7's conference presentation, Sep 12, 2012
Slide 1: Pareto Conference
Pareto Conference September 12, 2012 CEO – Jean Cahuzac
Slide 2: Forward-looking statements
Forward-looking statements Certain statements made in this announcement may include “forward-looking statements”. These statements may be identified by the use of words like “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “plan,” “forecast”, “project,” “will,” “should,” “seek,” and s
Slide 3: A pure play on subsea construction and services
A pure play on subsea construction and services SURF Conventional • Global footprint • West Africa focus • Growing market • Strong market • Experts in design, engineering, • Local expertise fabrication, installation and • Proven execution track record commissioning • Proven execution track record •
Slide 4: Industry trends – offshore, deeper, more complex
Industry trends – offshore, deeper, more complex Deeper waters and more challenging environments Growing size and complexity of EPIC contracts Shortage of resources in growing global market Local content requirements Risk management and reliability paramount 4-Dec-12 Page 4
Slide 5: Competitive advantage in SURF is multi-faceted
Competitive advantage in SURF is multi-faceted BARRIER SCALE Access to capital Medium Vessels Medium (High in ultra deep water) Technology Medium - High Engineering and project management High processes Market positioning High Knowhow, people, track record High Local content (Africa) High barriers t
Slide 6: Subsea 7 technology focus
Subsea 7 technology focus Technology Category Specific Technology Types Deep water and Hybrid Steel Submerged Composite harsh environment Riser buoys Catenary Materials Towers Risers solutions Flexible Rigid Pipe Subsea Vessels Technology Pipe Heavy Lift Technology Electrically Composite Flowlines B
Slide 7: Hybrid Riser Tower (HRT)
Hybrid Riser Tower (HRT) Total CLOV Prospect (1200msw) (1650msw) • Tower assembly of multiple risers; Brief 1440Te manufactured onshore and installed by Description towing as a single structure • The HRT is applicable to most future deepwater developments Application • Latest development targeted fo
Slide 8: Buoy Supported Riser (BSR)
Buoy Supported Riser (BSR) • A submerged buoy anchored to the seabed Brief • Steel Catenary Risers laid between seabed Description and buoy and flexible jumpers laid between buoy and FPSO • The BSR is being installed on Guara and Application Lula NE project in Brazil • Numerous technology companies
Slide 9: High performance pipe-in-pipe
High performance pipe-in-pipe • A pipe-in-pipe system providing high thermal insulation for subsea oil and Brief gas transportation. Utilisation of partial Description vacuum in combination with Isoflex insulation material • Subsea pipelines which require high Application thermal insulation such as
Slide 10: Reel lay of Mechanically Lined Pipe (BuBi)
Reel lay of Mechanically Lined Pipe (BuBi) BuBi Pipe • Use of BuBi Mechanically Lined Pipe Brief offers significant savings compared with Description Corrosion Resistant Alloy (CRA) • World’s first award on a Petrobras Pre- Application Salt project (Guara Lula), ongoing discussion with other clients
Slide 11: Autonomous Inspection Vehicle (AIV)
Autonomous Inspection Vehicle (AIV) •A game changing inspection system comprising an Brief autonomous vehicle without a tether (which enhances manoeuvrability), has an array of Description navigation tools and sensors and is powered by its onboard battery source •Can be deployed from FPSO (avoiding
Slide 12: Summary
Summary • Financial performance – Good year-to-date financial results – 2012 Adjusted EBITDA expected to be in-line with consensus • Expectation of major contracts awarded to market in coming months • Growth opportunities visible in all markets, albeit at differing paces • Company well positioned fo
Slide 13: Q & A
subsea 7 &A 4-Dec-12 Page 13 www.subsea7.com seabed-to-surface
Slide 14: seabed-to-surface
seabed-to-surface www.subsea7.com 4-Dec-12 Page 14