Worley Limited · ASX:WOR
Worley — WorleyParsons — 14th Annual Macquarie Conference 2012
27 slides from Worley's conference presentation, May 3, 2012
Slide 1: WorleyParsons update
For personal use only WorleyParsons update John Grill, Chief Executive Officer 14th Annual Macquarie Conference, 3 May 2012
Slide 2: Our Vision
For personal use only Our Vision WorleyParsons will be the preferred global provider of technical, project and operational support services to our customers, using the distinctive WorleyParsons culture to create value for them and prosperity for our people and stakeholders. Leadership Agility
Slide 3: Our global approach to safety
Our global approach to safety For personal use only WorleyParsons actively works to align our expectations and behaviors to achieve Zero Harm in our dedication to continuous improvement. These expectations are reflected in our integrity management framework, OneWay™, and linked to our global systems
Slide 4: Local delivery, global support
Local delivery, global support For personal use only ► 37,800 people 148 offices 44 countries 2.1 million workshare hours 37,800 people 148 offices 44 countries
Slide 5: People – continued growth
People – continued growth For personal use only A People Business Sustained Growth Supply vs Demand 40,000 38,500 37,000 35,500 34,000 32,500 31,000 29,500 28,000 26,500 25,000
Slide 6: People – developed vs developing countries
People – developed vs developing countries For personal use only Over the past 6 years, the proportion of personnel located in developing countries has grown Developed vs Developing Developed vs Developing 25,000 80% 70% 20,000 60% Percentage of all people Number of people 15,000 50% 40% 10,000 30%
Slide 7: Strategy update
For personal use only Strategy update
Slide 8: The hedgehog and the fox
The hedgehog and the fox For personal use only Foxes pursue many ends at the same time and see the world in all its complexity. They are “scattered or diffused, moving on many levels”. Hedgehogs understand that the essence of profound insight is simplicity. Hedgehogs see what is essential, and ignor
Slide 9: Changing business environment
Changing business environment For personal use only ► Emerging trends and themes Strong growth in Hydrocarbons, Minerals, Metals & Chemicals, and nuclear Game changing developments in unconventional oil and gas – LNG / CNG for transport, US renaissance Hydrocarbons and Minerals, Metals & Chemi
Slide 10: Strategic response to changing business environment
Strategic response to changing business environment For personal use only ► Continuing to closely monitor the changing business environment ► Maintaining a strategic approach for the formulation of annual business plans – planning horizon 3-5 years ► Individual customer sector group strategy session
Slide 11: For personal use only
For personal use only
Slide 12: Current yr strategy
Current 3 yr strategy Building on engineering to full delivery For personal use only Project Integrated Engineering delivery Improve services services
Slide 13: Overarching corporate initiatives
Overarching corporate initiatives For personal use only ► Globalisation of Minerals, Metals & Chemicals and Infrastructure & Environment ► Year of Improve ► Tier 1 companies deserve intense focus ► Infrastructure & Environment focus on resource infrastructure ► Participate in US renaissance ► China
Slide 14: Key focus areas – Hydrocarbons
Key focus areas – Hydrocarbons For personal use only Integrated Improve Harness emergent LNG market Lead full field development in unconventional oil and gas Monetisation of low cost gas Houston Select Customer relationship management for National Oil Companies Latin American hubs
Slide 15: Key focus areas – Minerals, Metals & Chemicals
Key focus areas – Minerals, Metals & Chemicals For personal use only Globalise Minerals, Metals & Chemicals Pit to port Chemicals rapid growth Latin America focus via Chile and Brazil Alumina refinery support package High Value Project Delivery Extension of global customer relationship
Slide 16: Key focus areas – Power
Key focus areas – Power For personal use only Fossil Improve Nuclear new-build and Improve Coal power execution centre Middle East and Sub-Saharan Africa Resource power Networks
Slide 17: Key focus areas – Infrastructure & Environment
Key focus areas – Infrastructure & Environment For personal use only Pit to port Develop enabling capabilities to support Minerals, Metals & Chemicals Hydrocarbons Unconventional oil and gas LNG bunkering and gas for transportation Power Restoration
Slide 18: Key awards
For personal use only Key awards
Slide 19: Key project awards
Key project awards For personal use only ► TransCanada Pipelines Limited – Fabrication and construction of the Hardisty Terminal A brownfield work and Terminal B balance of plant construction, Canada ► Mongolyn Alt (MAK) Corporation – Engineering, Procurement and Construction Management (EPCM) Tsaga
Slide 20: Pluto LNG
For personal use only Pluto LNG
Slide 21: Key Improve awards
Key Improve awards For personal use only ► TransCanada – project management, engineering, design, procurement, technical services and field services to support engineering activities, Canada ► Qatalum (Qatar Aluminium) – Engineering, procurement and construction supervision services to Qatalum in Qa
Slide 22: Other major activities
Other major activities For personal use only ► Purchase of 50% share in joint venture company with Cegertec in Quebec, Canada ► Increased interest from 50% to 94% in ARA WorleyParsons, Chile ► Implementation of Improve Growth taskforce ► Increased attention on cash collection ► Focus on reducing gro
Slide 23: WorleyParsons Leadership Forum 2012
WorleyParsons Leadership Forum 2012 For personal use only ► Held in Calgary, Canada in April ► Attendees were over 200 of the key leaders in the company ► Key areas of review and discussion: 5 year internal vision Local / global organization model Identification of opportunities for future gro
Slide 24: WorleyParsons Executive Committee
WorleyParsons Executive Committee For personal use only CEO John Grill Group Managing Director Group Managing Director Group Managing Director Group Managing Director Group Managing Director Operations Development Delivery Finance / CFO People Stuart Bradie Iain Ross Dave Steele Andrew Wood Barry Bl
Slide 25: Local / global model
Local / global model For personal use only MM&C MM&C
Slide 26: 5 year internal vision
5 year internal vision It is 2017 …….. For personal use only ► We have strong and consistent delivery (or product) lines and as a result have become a world leader ► We have a recognized and valued position with our customers ► We are an admired employer ► We have a facilitating organizational struc
Slide 27: Group outlook
Group outlook For personal use only “The group experienced strong growth in the first half compared to the previous corresponding period and, subject to the markets for our services remaining strong, we expect to achieve good growth in FY2012 compared to FY2011 underlying earnings. “This positive ou
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