Worley Limited · ASX:WOR
Worley — WorleyParsons — UBS Emerging Companies Conference (October 2005)
25 slides from Worley's conference presentation, Oct 20, 2005
Slide 1: UBS Emerging Companies Conference
WorleyParsons resources & energy UBS Emerging Companies Conference John Grill, Managing Director / Chief Executive Officer When experlence counts
Slide 2: Agenda
WorleyParsons Agenda resources & energy * WorleyParsons Background * Financial Performance = Induction Centres = WorleyParsons Contract Services = Program Management Consultancy (PMC) Capability when experience counts
Slide 3: WorleyParsons Background
WorleyParsons Background resources & energy = Leading professional services provider to the Energy, Resource and Complex Process Industries =" Across all phases of projects identify Select Define Execute Operate Project Feasibility Development Finalise Scope Produce Asset Operate Asset Business Stra
Slide 4: Global Reach
WorleyParsons Global Reach resources & energy 30 countries | 60 offices | 12,000 project services personnel When experlence counts
Slide 5: Financial Performance
WorleyParsons Financial Performance resources & energy $m % 2005 2004 Aggregated Revenue 168.0 1,379.5 514.8 EBIT 120.7 89.2 40.4 EBIT margin 6.5% 7.9% Profit before tax 109.8 85.4 40.7 Net Profit 87.7 57.7 30.7 Net Margin 4.2% 6.0% Normalized EPS (cents per share) 64.2 37.6 22.9 Basic EPS (cents pe
Slide 6: Health, Safety and Environment (HSE)
WorleyParsons Health, Safety and Environment (HSE) resources & energy Expectations « Acceptance of philosophy - all incidents are preventable * Take the time to do it safely * Individual participation and responsibility * Management commitment, visibility and accountability Leadership Objectives No
Slide 7: Induction Centres Australia Initiative
WorleyParsons Induction Centres Australia Initiative resources & energy = Transfield Worley is currently facilitating the development of 10 Interactive HSE Induction Centres around Australia = The centres will be established in consultation with national and regional industries to raise the standard
Slide 8: Proposed Locations
WorleyParsons Proposed Locations resources & energy >> Locations Plans are currently underway for Induction Centres in the following !oral jp, Gladstone 2 . Brisbane | Melbourne Warmambool/Pt Campbell bl When experlence counts
Slide 9: What are we trying to achieve?
WorleyParsons What are we trying to achieve? resources & energy =" Improve efficiency and effectiveness of current induction processes « Eliminate injuries and harm through more effective awareness training " Facilitate improved HSE awareness of new staff «" Provide an enduring safety network across
Slide 10: WorleyParsons contracting services
WorleyParsons resources & energy WorleyParsons contracting services Front End Studies FEED EPCM Program Management Consultancy (PMC) Services Performance based contracting 1 2 3 4 5 identify Select Define Execute Operate Project Development Finalise Scope: Produce Asset Operate Asset Feasibility Opt
Slide 11: Industry Contracting Trends
WorleyParsons Industry Contracting Trends resources & energy % of contracts | 1980 —. $e Traditional PMC EPC EPCM Other el % of contracts | 1990 CMMI TMM i Me RR | ae THOM EMUMHRRERR OG Traditional PMC EPC EPCM Other % of contracts 2000 Traditional (WorleyParsons / Developed Markets) RRL —EPCM —Otth
Slide 12: WorleyParsons Program Management Consultancy (PMC) Services
Kid], WorleyParsons Program Management Consultancy (PMC) resources & energy Services =" WorleyParsons acquired its PMC capability from Parsons E&C « 60 years global experience producing $86 billion in successful projects = Very few companies worldwide have the ability to provide a service of this ma
Slide 13: Contracting Strategy
WorleyParsons PMC Contracting Strategy resources & energy r Project/Contractor < Management Va PC Contractor Project < Execution XY When experience counts
Slide 14: Functions of PMC Services
WorleyParsons Functions of PMC Services resources & energy " Safety performance on the project « Prepare and monitor budget and schedule =" Manage multiple contractors to ensure coordination and uniformity « Project risk identification, evaluation and mitigation = Provide interface management system
Slide 15: Why WorleyParsons Seeks PMC
WorleyParsons Why WorleyParsons Seeks PMC resources & energy Opportun ities Appropriate risk allocation Collaborative client relationships Revenue growth through additional services When experlence counts
Slide 16: Projects won since July 2005
WorleyParsons PMC Projects won since July 2005 resources & energy ies: _Chfen nian a hist fl rein Ld ah Twierounsia., \svge 1 Temtereet Suse geste a berate, : Chadian teint Client: CNOOC Grass Roots Refinery When experlence counts
Slide 17: Projects won since July 2005
WorleyParsons PMC Projects won since July 2005 resources & energy ot Client: BOC Global PMC Role
Slide 18: Projects won since July 2005
WorleyParsons PMC Projects won since July 2005 resources & energy Client: Fertil Urea Plant Debottlenecking Project When experlen:
Slide 19: Projects won since July 2005
WorleyParsons PMC Projects won since July 2005 resources & energy Client: Abu Dhabi Oil Refining Company Green Diesel Project when experience counts
Slide 20: Projects Current
WorleyParsons PMC Projects Current resources & energy Client: Saudi Aramco Location: Saudi Arabia Scope: FEED, PM, CM Shaybah Development Project Cost: USD 2.5 billion " 150 to 170 oil wells, 1,000 psig, 4,000 — 5,000 BPD average production rate « 40 drill islands " Oval-shaped field served by two s
Slide 21: Projects Current
WorleyParsons PMC Projects Current resources & energy Client: Jubail Chevron Phillips Location: Saudi Arabia Scope: FEED, Program Management Jubail Petrochemical Project Project Cost: USD ‘billion « Styrene, propylene and ethylbenzene production « Includes world’s largest single-train styrene unit *
Slide 22: Projects Completed
WorleyParsons PMC Projects Completed resources & energy Client: Kuwait Oil Company Location: Kuwait Scope: PM, CM Kuwait Restoration / Upgrade Project Cost: USD 3 billion+ " Grass roots gathering centers (190,000 BOPD/100 MMSCFD, 220,000 BOPD/170 MMSCFD and 250,000 BOPD) " Gas lift (10 & 5 MMSCFD) "
Slide 23: Projects Completed
WorleyParsons PMC Projects Completed resources & energy Client: Borouge (ADNOC & Borealis) Location: Ruwais, Abu Dhabi . Scope: Program Management Borouge Petrochemical Complex Project Cost: USD 1.4 billion " Ethylene unit " Two low density polyethylene units " Container loading terminal " Ship and
Slide 24: Outlook
WorleyParsons Outlook resources & energy We expect the markets for WorleyParsons’ services will continue to be strong. Our key markets and sectors continue to experience positive conditions, in particular hydrocarbons and power. As a result of the integration and exploitation of the synergies with P
Slide 25: UBS Emerging Companies Conference
WorleyParsons resources & energy UBS Emerging Companies Conference John Grill, Managing Director / Chief Executive Officer When experlence counts
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