Technipfmc Plc · NYSE:FTI
Technipfmc — Merger or Acquisition (August 2019)
16 slides from Technipfmc's merger presentation, Aug 26, 2019
Slide 1: Reshaping Our Future
Reshaping Our Future August 26, 2019
Slide 2: Disclaimer
Disclaimer Forward-looking statements We would like to caution you with respect to any “Forward-looking statements” made in this presentation as defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as am
Slide 3: Successful merger and outstanding performance
Merger extended subsea leadership with integrated model • Redefined subsea economics resulting in a transformation of the industry • iEPCI™ model has become the industry standard • Advanced technology development and innovation across a broader scope Successful merger and outstanding performance Ons
Slide 4: Creating two diversified pure-play market leaders
Creating two diversified pure-play market leaders RemainCo SpinCo • Proven winning strategy for Subsea • Will capitalize on operational performance and strength in backlog • Greater opportunity for integration in surface production • Leadership in LNG; opportunities in biofuels, green chemistry and
Slide 5: Transaction summary
Transaction summary Creating two diversified pure‐play market leaders: • SpinCo, a leading E&C player, poised to capitalize on the global energy transition • RemainCo, a fully-integrated technology and services provider, continuing to drive energy development Pursuing tax free spin of SpinCo for cer
Slide 6: TechnipFMC – Creating two undisputed industry leaders
TechnipFMC – Creating two undisputed industry leaders RemainCo SpinCo Unlocking value, realizing potential Capitalizing on structural growth trends Revenue: $7 billion1,2 Revenue: $6 billion1,2 Backlog: $10 billion1,3 Backlog: $19 billion1,3 Listings: NYSE, Euronext Paris Listing: Euronext Paris HQ:
Slide 7: SpinCo – A differentiated E&C leader
SpinCo – A differentiated E&C leader Company overview World-class execution supported by highly experienced engineers $19B >20% >25 Leading market positions Backlog Of operating Leading proprietary LNG capacity1 technologies Unrivaled product and technology portfolios Demonstrated ability to manage
Slide 8: Growth potential driven by LNG market leadership
Growth potential driven by LNG market leadership Market leadership Diversity in projects and technologies 105 Mtpa >20% 7.8 Mtpa Pioneer in modularization • Onshore LNG trains on an unprecedented scale Global production Of operating LNG World’s largest delivered capacity LNG trains • Greater cost an
Slide 9: RemainCo – An integrated production-focused leader
RemainCo – An integrated production-focused leader Company overview Pioneered proven fully-integrated Subsea model delivering sustainable improvements in project economics $10B #1 #1 Backlog iEPCI™ Precision robotics Implementing Subsea model in surface production to drive similar success Uniquely p
Slide 10: iProduction™ leadership
iProduction™ leadership Subsea Surface Technologies Proven playbook Significant opportunity • iEPCI™ • Integrated commercial model • Subsea 2.0™ • Technology transfer from Subsea • Alliances • Alliances Commercial model Technology 60% Market capital expenditures for surface >2x that of subsea 50% Cl
Slide 11: Creating two industry leaders
Distinct and compelling Unique business profiles market opportunities with differentiated Creating two investment appeal industry leaders Strong balance sheets Focus, agility and and tailored capital strategic flexibility structures Continuing to reshape the energy industry and create value for all
Slide 12: Appendix
Appendix 12
Slide 13: Leadership team
Leadership team Catherine MacGregor Bruno Vibert Marco Villa CEO-elect CFO-elect COO-elect 23 years of international experience with 5 years with TechnipFMC and more than 20 years of 25 years with TechnipFMC and more than 30 years of Schlumberger international experience in finance, public accountin
Slide 14: Glossary
Glossary Term Definition Bcm Billion Cubic Meters per Annum CAGR Compound Annual Growth Rate E&C Engineering and Construction FLNG Floating LNG HSE Health, Safety and Environment iEPCI™ Integrated Engineering, Procurement, Construction and Installation iFEED™ Integrated Front End Engineering and Des
Slide 15: Contacts
Contacts Investor relations Media relations Matthew Seinsheimer Christophe Bélorgeot Vice President, Investor Relations Senior Vice President Corporate Engagement Tel.: +1 281 260 3665 Tel.: +33 1 47 78 39 92 Email: Email: InvestorRelations@TechnipFMC.com christophe.belorgeot@TechnipFMC.com Phillip
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