Technipfmc Plc · NYSE:FTI
Technipfmc — 47th Annual Scotia Howard Weil Energy Conference (March 2019)
11 slides from Technipfmc's conference presentation, Mar 25, 2019
Slide 1: 47th Annual Scotia Howard Weil Energy Conference
47th Annual Scotia Howard Weil Energy Conference Doug Pferdehirt, Chief Executive Officer March 25, 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: Integration propels record quarterly orders
Integration propels record quarterly orders Luno II Rolvsnes iEPCI™ iEPCI™ Atlantis 3 Merakes iEPCI™ iEPCI™ Blade $4B+ Johan Refinery Q1 2019 Announced awards Sverdrup 2 expansion Subsea MIDOR Mero 1 Refinery Subsea expansion Greater Tortue FPSO Scotia Howard Weil Presentation | 3
Slide 4: 2019 Inbound orders off to strong start
2019 Inbound orders off to strong start Q1 2019e Subsea inbound orders vs. Historical peak of Subsea inbound orders (TechnipFMC) Inbound order strength across all sectors 4.0 Subsea Subsea Inbound orders ($ billions) ▪ Anticipate third consecutive year of order growth ▪ Increased iEPCI™ activity 3
Slide 5: iFEED is an enabler, drives momentum
iFEED™ is an enabler, drives momentum Integrated FEEDs continue to grow iEPCI™ acceleration No. of new integrated FEEDs Q1 2019 iEPCI™ clients Repeat customers 2018 10 2 3 Completed 2016 2017 2018 iEPCI™ projects New iFEED™ studies nearly doubled in 2018 (YoY) Maturing portfolio of integrated st
Slide 6: iEPCI continues to take share and drive growth
iEPCI™ continues to take share and drive growth Evolution of iEPCI™ Growing and maturing iFEED™ portfolio 2017 2018 2019e inspires confidence in 2019 and beyond % of FTI Subsea orders Anticipate increased value of iEPCI™ awards in 2019e Strong customer qualification and adoption of new technology –
Slide 7: Subsea 2.0: Deploying next generation technology
Subsea 2.0™: Deploying next generation technology Successful adoption Growing client acceptance 60% of Subsea FEED All other studies include ™ Subsea 2.0™ products Subsea 2.0 since January 2018 products Client acceptance and qualification growing for Subsea 2.0™ Subsea 2.0™ trees to be Alliance No
Slide 8: Strengthening our competitive position through collaboration
Strengthening our competitive position through collaboration Investing in the future Strategic alliances Mozambique ▪ First oil and gas engineering center opened with ENHL, furthering strategic partnership ▪ Development of national content through Four new iEPCI™ alliances knowledge transfer ▪ A
Slide 9: Well-positioned for the unfolding wave of LNG activity
Well-positioned for the unfolding wave of LNG activity Targeting Across With Focused on select LNG opportunities 5 Projects globally 5 Continents 7 Strategic partners LNG leadership 90 Mtpa Global production 50 year track record in LNG delivered ▪ World’s first LNG Algeria (1964) ▪ World’s largest
Slide 10: Capital discipline fully aligned with shareholder interests
Capital discipline fully aligned with shareholder interests Disciplined capital spend Shareholder distributions Management compensation 2019e capital expenditures of $350M Quarterly cash dividend: $0.13/share Long-term incentive compensation ▪ Reduced 13% versus initial guidance ▪ Current divi
Slide 11: TechnipFMC
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