Wartsila Oyj Abp · OMXHEX:WRT1V
Wartsila Oyj Abp — Wärtsilä — Investor Day (June 2006)
19 slides from Wartsila Oyj Abp's investor day presentation, Jun 16, 2006
Slide 1: Wärtsilä's Offshore Offering and Markets
Wärtsilä’s Offshore Offering and Markets Group Vice President, Wärtsilä Ship Power Jaakko Eskola Capital Markets Day, 16 June 2006 Wärtsilä’s Capital Markets Day 2006
Slide 2: Terminology: Offshore drilling
Terminology: Offshore drilling Offshore drilling is basically divided into shallow water and deepwater. In shallow water, jack-up rigs, standing with their feet on the seabed are used to drill the oilwells. In deeper water, floating drilling units are used. There are two basic types; Drillships and
Slide 3: Terminology: Offshore Oil & Gas production
Terminology: Offshore Oil & Gas production Offshore oil production began in 1940's offshore Louisiana. Fixed platforms were initially used, but as developments have gone deeper, floating production facilities have become the main solution for offshore development. In addition to deepwater developmen
Slide 4: From upstream to downstream
From ”upstream” to ”downstream” Area of interest for Acquisition of the concession Wärtsilä Exploration Geo-seismic survey Shallow water Jack-up drillrig Exploration drilling Drillship (DP) Deepwater Semisub drillrig (DP) Construction of production Production Onshore facility Offshore Fixed platform
Slide 5: Wärtsilä's Offshore Market Segment and its sub-segments
Wärtsilä’s Offshore Market Segment and its sub-segments Offshore Drilling rigs Oil production vessels Construction vessels Anchor handlers Supply vessels ”FPSO” Engines Engines Engines Engines Engines Thrusters Thrusters Thrusters Thrusters Mechanical ! ! Electrical EW! Electrical NE W ElectricalNE
Slide 6: Wärtsilä value added in the oil & gas segment: Reliability
Wärtsilä value added in the oil & gas segment RELIABILITY The offshore industry is a very capital intensive industry with huge economic impact in case of downtime. Even more important is the safety aspect. Reliable machinery systems is a pre- requisite to run a safe operation. Wärtsilä has a track r
Slide 7: Wärtsilä value added in the oil & gas segment: Serve customers anywhere
Wärtsilä value added in the oil & gas segment ABILITY TO SERVE CUSTOMERS ANYWHERE Supports long term availability and reliability of the operation. Offshore rigs operate in remote areas (Nigeria, Angola, west of Shetland, Brazil, etc.). Wärtsilä has a truly worldwide professional service organisatio
Slide 8: Wärtsilä value added: Larger system deliveries
Wärtsilä value added in the oil & gas segment ABILITY TO UNDERTAKE LARGER SYSTEM DELIVERIES Wärtsilä is taking distinct steps to grow the capabilities to serve the market with larger system deliveries. The addition of Wärtsilä Automation Norway adds key products to our portfolio (Power distribution
Slide 9: Market share
Market share Newbuild market activity May 2005- May 2006: 9 drillships 21 semisub drillrigs Engines Thrusters Electric & Drives Wärtsilä 53% Wärtsilä 17% Wärtsilä 7% Siemens 17% open 3% ABB 30% open 37% RR 46% MAN 3% open 46% RR 7% CAT 33% Total business ~230 MEUR Wärtsilä’s Capital Markets Day 2006
Slide 10: Some references
Some references Maersk Drilling “DSS21” Keppel FELS NB280 & 281 Wärtsilä scope: 8 x 16V26 gensets 8 x FS2500 steerable thrusters Aker Drilling “H6e” Aker Yards Wärtsilä scope: Electrical power distribution Thruster drives Vessel automation Wärtsilä’s Capital Markets Day 2006 10
Slide 11: Global spread of Floating Production Systems
Global spread of Floating Production Systems 19 12 6 2 P I TL M SO FS O SE FP 12 1 I 1 P TL M SO FS O 5 5 SE FP P I TL S E M SO FS O 17 FP P I TL M SO FS O 13 12 SE FP 25 3 1 14 1 21 I P MI 15 LP M SO O O R O T SE FP FS TL SE PS PA FS 1 1 F S P I 1 1 TL M SO FS O SE FP I 9 P TL M SO FS O SE FP 3 19
Slide 12: Offshore oil production is a growing market
Offshore oil production is a growing market ” ” Source: International Maritime Associates, Inc. Wärtsilä’s Capital Markets Day 2006 12
Slide 13: FPSO prospects
FPSO prospects SKARV BP BONGA SW Shell USAN GUMUSUT Total Shell BOSI ExxonMobil GENDALO URUGUA Chevron Petrobras BUKIT TUA CANAPU Conoco Petrobras FRADE ChevronTexaco BC-10 Shell BLOCK-18 BLOCK-31 PAZFLOR PYRENEES CHINOOK BP BP Total BHP Kerr McGee NEGAGE GIMBOA Wärtsilä’s Capital Markets Day 2006 C
Slide 14: Wärtsilä Networks
Wärtsilä Networks Head Quarters Service Sales Wärtsilä’s Capital Markets Day 2006 14
Slide 15: Wärtsilä's traditional market offering
Wärtsilä’s traditional market offering Product areas • 2-stroke engines • 4-stroke engines • Propulsors • Gears • Seals & Bearings Related services • Design • Engineering • Project management • Commissioning • Lifetime support Wärtsilä’s Capital Markets Day 2006 15
Slide 16: Some NE products and solutions
W ! Some NE products and solutions Key Products Key Capabilities Examples Vessel control Application knowledge Powerful control Power Automatic control systems with a management Dynamic simulation Automation large number of Process control Operational support Systems applications and Dedicated contr
Slide 17: Alliance with Emerson Process Management Systems
Alliance with Emerson Process Management Systems Safety Systems Power Drives Process Control Vessel Automation Asset Management Power Management Valves Flow Meters Power Distribution Process Sensors Tank Monitoring Diesel & Dual Fuel Engines Propulsion Systems Wärtsilä’s Capital Markets Day 2006 17
Slide 18: Strength of the alliance: One system supplier
Strength of the alliance: One system supplier Safety and Transmitters, valves and other automation system intelligent field equipment Process control Vessel sutomation Power management Custody transfere Safety, F&G and ESD Power generation Asset optimization, intelligent and distribution, device man
Slide 19: Power to Rely on!
Power to Rely on! Wärtsilä’s Capital Markets Day 2006 19