Aker Solutions ASA · OSL:AKSO
Aker Solutions ASA — Pareto oil & offshore conference 2010
7 slides from Aker Solutions ASA's conference presentation, Sep 1, 2010
Slide 1: Pareto oil & offshore conference
Pareto oil & offshore conference Mads Andersen, Executive Vice President, Subsea Oslo, 1 September 2010 part of Aker Aker Solutions in brief Subsea Energy Development & Services ■ 22 000 employees and 8 000 contract staff in 30 countries ■ USD 9B revenue (2009) ■ Order backlog of USD 10B ■ Listed on
Slide 2: Key financials
Key financials Operating revenues EBITDA (NOK million) (NOK million) 60 000 5 000 50 000 4 000 40 000 3 000 30 000 2 000 20 000 1 000 10 000 0 0 2004 2005 2006 2007 2008 2009 Q309- 2004 2005 2006 2007 2008 2009 Q309- Q210 Q210 Pareto oil & offshore conference Slide 3 © 2010 Aker Solutions part of Ak
Slide 3: Aker Solutions' Subsea business in brief
Aker Solutions’ Subsea business in brief ■ A sizeable USD 2B+ revenue business ■ 6 500 skilled and dedicated employees worldwide ■ Top-tier subsea production system provider ■ Comprehensive subsea product portfolio ■ Leading position on key subsea technologies ■ Innovative service offering Pareto oi
Slide 4: Subsea market at a turning point?
Subsea market at a turning point? 2009: new subsea fields postponed Subsea trees awarded (2005 – Q2 2010) ■ Lower oil and low gas price level ■ Capital restraints and lack of financing 500 ■ Brazil “unaffected” 400 300 2010: still slow, signs of improvements ■ High bidding activity signals market tu
Slide 5: Subsea still early in industry evolution, ~10% annual growth
Subsea is still “early” in industry evolution, expected to continue to grow by ~10% p.a. next decade # of trees by onstream year 2 000 Subseagrowingto 45% of total O&G production 1 500 Subseagrowingto 35% of total O&G 1 000 production Subsea offshore share of total world O&G production: 30% 500 Subs
Slide 6: Subsea technologies key in solving these challenges
Subsea technologies key in solving these challenges New subsea High end processing & subsea power boosting transmission solutions and data distribution Deepwater Reduced subsea well development intervention cost through standardised and re-used solutions Pareto oil & offshore conference Slide 11 © 2
Slide 7: Copyright and disclaimer
Copyright and disclaimer Copyright of all published material including photographs, drawings and images in this document remains vested in Aker Solutions and third party contributors as appropriate. Accordingly, neither the whole nor any part of this document shall be reproduced in any form nor used
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