Presentation to the Financial Community. First Half 2011 Results
|
|
- Albert Freeman
- 5 years ago
- Views:
Transcription
1 Presentation to the Financial Community First Half 2011 Results July 2011
2 Forward-Looking Statements By their nature, forward-looking statements are subject to risk and uncertainty since they are dependent on upon circumstances which should or are considered likely to occur in the future and are outside of the Company s control. These include, but are not limited to: monetary exchange and interest rate fluctuations, commodity price volatility, credit and liquidity risks, HSE risks, the levels of capital expenditure in the oil and gas industry and other sectors, political instability in areas where the Group operates, actions by competitors, success of commercial transactions, risks associated with the execution of projects (including ongoing investment projects), in addition to changes in stakeholders expectations and other changes affecting business conditions. Actual results could therefore differ materially from the forward-looking statements. The Financial Reports contain in-depth analyses of some of the aforementioned risks. Forward-looking statements are to be considered in the context of the date of their release. Saipem S.p.A. does not undertake to review, revise or correct forward-looking statements once they have been released, barring cases required by Law. Forward-looking statements neither represent nor can be considered as estimates for legal, accounting, fiscal or investment purposes. Forward-looking statements are not intended to provide assurances and/or solicit investment. 2
3 Presentation Outline 1H 2011 Financial Results and Backlog Analysis Oil & Gas Industry Trends - Saipem Preparedness Trend 1: LNG Growth Saipem Preparedness : Saipem-Chiyoda Co-operation Trend 2: Larger, More Sophisticated Projects Saipem Preparedness : New Integrated E&C Business Unit Trend 3: Larger, Tougher Challenges Saipem Preparedness : More Powerful, High Quality Assets Recent Events - Saipem Responsiveness MENA Turmoil Saipem Resilience in traditional Local Content Countries 2011 Guidance Confirmed 3
4 Presentation to the Financial Community - First Half 2011 Results 1H 2011 Financial Results and Backlog Analysis 4
5 1H 2011 Financial Results (Mln ) Revenues EBITDA EBIT Net Profit % on Revenues (16.0%) (7.6%) (27.7%) (52.6%) % on Revenues (16.8%) (8.6%) (31.1%) (53.1%) % on Revenues (11.6%) (6.9%) (10.8%) (34.1%) % on Revenues (11.8%) (8.0%) (12.5%) (27.5%) (18.4%) 436 (18.4%) 298 (13.8%) 322 (13.6%) 1H H H H H H H H 2011 Drilling 1H Record Results 5
6 1H 2011 Financial Results Capex 25 (Mln ) Sources and Application of Funds, Net Debt & D/E Ratio D/E = D/E = H H E Net Application of Funds 1H 11 Sources of Funds 1H 11 Net 11 Drilling Outflows Working Capital and Others Dividends & Shares Buyback Inflows Cash Flow (Net Profit +Depreciation) Capex 6
7 1H 2011 Contract Acquisitions & Backlog (Mln ) Contract Acquisitions Backlog H H 2011 Dec., June, Drilling 7
8 Backlog Analysis Saipem Backlog June, % by Client 6% 2% by Geo Area 35% Major & Supermajor National Independent Others 13% 15% 11% 8% 18% 4% 31% Middle East Europe America North Africa West Africa Asia Pacific CIS by Year of Execution 41% by Country Local Content Focus 12% Off. On. Drilling Saudi Arabia Angola Canada Others 23% 21% 15% 2011 Backlog split by Business Unit 10% 5% 4% 3% 3% 37% of present backlog in Countries where Saipem has a strong Local Content 63% Commitment Algeria Nigeria Kazakhstan
9 Presentation to the Financial Community - First Half 2011 Results Market Trends - Saipem Preparedness 9
10 Oil & Gas Industry Trends: 1. LNG Growth LNG Market-expected boom: Expected increase in natural gas and LNG consumption due to combined effect of: impact of Fukushima disaster on Nuclear Energy dependence expected energy demand increase Mln US$ LNG Capex spent on Top 330 projects - tripling E - Expected LNG FLNG Developments 60,000 50,000 40,000 Middle East Latin America YAMAL LNG (Novatek) Russia 30,000 20,000 10, Europe Asia-Pacific Africa BRASS LNG Nigeria MASELA FLNG (INPEX) Indonesia ARROW LNG QLD, Australia E 2012E 2013E 2014E 2015E Source: Goldman Sachs, June 2011 PETROBRAS FLNG Brazil BROWSE LNG Western Australia 10
11 Saipem Preparedness : 1. Saipem-Chiyoda Co-operation Saipem and Chiyoda to collaborate on an exclusive basis (integrated JV) to develop: LNG and Gas Treatment projects Upstream projects on a case-by-case basis Complementary skills: Chiyoda: impressive track record in LNG liquefaction (Main contractor for 15 of the 47 LNG projects currently in operation) Saipem: outstanding Engineering/Project Management and Execution capabilities key success-factors for Large projects Saipem: strong Local Presence in Key oil & gas Markets First achievement: Chiyoda & Saipem together with CB&I Lummus Global currently carrying out Browse LNG Competitive FEED in Western Australia 11
12 Oil & Gas Industry Trends: 2. Larger, More Sophisticated Projects Increased Size and Complexity of Projects Projects: Larger, More Sophisticated, Increased Engineering Content Environment: Harsher, More Remote, More Extreme & Projects: Overlapping Technology & Execution Capacity NOCs Increasing Influence spreading from to Client Requirements & Contracting Strategies: Less Differentiation 12
13 Saipem Preparedness : 2. New Integrated E&C Business Unit and Business Units merged into a New Single Fully-Integrated E&C Business Unit: Impressive Integrated Services Available Across-the-board : 1st Class Engineering Large Capacity Proven Execution Knowhow Powerful Hi-Tech global Fleet Local Content distinctiveness Targeting even the most challenging and technologically advanced projects, offshore and onshore Superior capabilities for harsh, remote and difficult environments Emphasis on maximizing local presence and content E&C vs Reported Separately given different Margin and Capital Employed 13
14 Oil & Gas Industry Trends: 3. Larger, Tougher Challenges shifting more and more towards Frontier developments Arctic Drivers: Hi-potential from Unexplored/Undeveloped areas LARGE TRUNKLINES PROJECTS Stokman Oil reserves discovered each year in giant fields (Top 330 projects) The bulk of new discoveries in Frontier Areas MM bbl 12,000 South Stream GALSI Australian Trunklines 9,000 Frontier 6,000 3, Source: Goldman Sachs, June 2011 Frontier Traditional Traditional DW & Ultra DW: Drivers: Brazil pre-salt ultra-deepwater frontier West Africa and GoM large deepwater projects recovery Extreme Pipelines (Longer, Larger, Deeper, Colder) Drivers: Increase in gas demand New gas-to-market routes 14
15 Saipem Preparedness : 3. More Powerful, High Quality Assets To face the challenges of the future Saipem Scarabeo 8 Scarabeo 9 FDS 2 CastorOne E&C New Assets Most Recent Awards: FDS 2 Liwan 3-1 Field Deepwater EPCI - Husky Oil - China Guara & Lula-Northeast gas export pipelines EPCI - Petrobras - Brazil CastorOne Walker Ridge export pipeline 24 x 220Km -Amberjack Pipeline Company -US GOM Deepwater June, Bln of which 66% from New Assets 66% 34% DW Backlog from New Assets Other DW Backlog *DW: E&C + Drilling 15
16 Recent events: Saipem Responsiveness MENA Turmoil - Saipem Resilience in traditional Local Content Countries Saipem presence in MENA: Solid Order Inflow in 1H 2011: Egypt: Burullus Gas Company - West Delta Deep Marine Concession new subsea developments Saudi Arabia: - Saudi Aramco - Al Wasit Gas Program - Saudi Aramco - charter of 4 onshore rigs (3 rigs for 4 years; 1 rig for 1 year) In times of uncertainty, Local Content commitment is more Sustainable, Less Risky Business environment getting back to normality 16
17 2011 Guidance Confirmed CONFIRMED 2011 April 2011 Revenues: +8% EBITDA: +12% Net Profit Adjusted: +8% (including the impact of additional ~ 100 Mln depreciation and increased financial charges) Capex: ~ 1.1 Bln 17
Presentation to the Financial Community. Preliminary 2010 Consolidated Results. February 2011
Presentation to the Financial Community Preliminary 2010 Consolidated Results February 2011 Forward-Looking Statements By their nature, forward-looking statements are subject to risk and uncertainty since
More informationSaipem: Board of Directors approves six-month report at June 30, 2011 H1 PROFITS AT RECORD LEVELS
Saipem: Board of Directors approves six-month report at June 30, H1 PROFITS AT RECORD LEVELS Net profit for the second quarter of amounted to Euro 225 million, a 13.6% increase compared to the second quarter
More informationPresentation to the Financial Community. 1H 2008 Results
Presentation to the Financial Community 1H 2008 Results July 2008 Forward-Looking Statements Forward-looking statements are based on a number of assumptions and expectations that could ultimately prove
More informationSaipem: Board of Directors approves Interim Report as at March 31, 2011 IMPROVED RESULTS VERSUS Q1 2010
Interim Report at March 31, 2011 Saipem: Board of Directors approves Interim Report as at March 31, 2011 IMPROVED RESULTS VERSUS Revenues amounted to Euro 2,954 million: +11.9% compared to the first quarter.
More informationPRESS RELEASE SAIPEM: Board of Directors approves Interim Report as at March 31, 2013, results in line with expectations.
PRESS RELEASE SAIPEM: Board of Directors approves Interim Report as at March 31, 2013, results in line with expectations. Confirmation of results guidance 2013 released on January 29, 2013. Despite uncertainty
More informationPresentation to the Financial Community. 1H 2007 Results
Presentation to the Financial Community 1H 2007 Results July 2007 Forward-Looking Statements Forward-looking statements are based on a number of assumptions and expectations that could ultimately prove
More informationSaipem: the Board of Directors approves third quarter results to 30 September 2006
A Joint Stock Company with Registered Office In San Donato Milanese, Italy Full paid-up Share Capital Euro 441,410,900 Fiscal Code and Milan Companies Register No. 00825790157 Switchboard +39-025201 Fax
More informationSaipem: results for the third quarter and the first nine months of 2017
Saipem: results for the third quarter and the first nine of San Donato Milanese, October 24, - The Board of Directors of Saipem S.p.A., chaired by Paolo Andrea Colombo, yesterday approved the Saipem Group
More informationSaipem: First Quarter 2016 results, confirmation of guidance for 2016
Interim Report at March 31, 2016 Approved by the Board of Directors on April 27, 2016 Saipem: First Quarter 2016 results, confirmation of guidance for 2016 San Donato Milanese, April 27, 2016 - The Board
More informationSaipem: the Board of Directors approves third quarter results at September 30, 2007
A Joint Stock Company with Registered Office In San Donato Milanese, Italy Full paid-up Share Capital 441,410,900 Fiscal Code and Milan Companies Register No. 00825790157 Switchboard +39-025201 Fax +39-0252054295
More informationFIRST QUARTER REPORT AT 31 ST MARCH 2003
PRESS RELEASE 7 TH MAY 2003 FIRST QUARTER REPORT AT 31 ST MARCH 2003 The Board of Directors of S.p.A. has today reviewed the Group (unaudited) consolidated financial statements relating to the first quarter
More informationGlobal Construction 2030 Expo EDIFICA 2017 Santiago Chile. 4-6 October 2017
Global Construction 2030 Expo EDIFICA 2017 Santiago Chile 4-6 October 2017 Graham Robinson Global Construction Perspectives Global Construction 2030 is the fourth in a series of global studies of the construction
More informationSaipem PRESS RELEASE 30 TH JULY 2003 SECOND QUARTER REPORT AT 30 TH JUNE 2003
PRESS RELEASE 30 TH JULY 2003 SECOND QUARTER REPORT AT 30 TH JUNE 2003 Today, the Board of Directors of S.p.A. has reviewed the Group consolidated financial statements at 30 th June 2003 (not subject to
More informationOilfield Services and Equipment Sector Market Opportunity Update
May 2010 Oilfield Services and Equipment Sector Market Opportunity Update C O N F I D E N T I A L www.oliverwyman.com Contents Introduction and executive summary Global energy industry and oilfield services
More informationNOT FOR DISTRIBUTION IN THE US, CANADA OR JAPAN FOR IMMEDIATE RELEASE 3 FEBRUARY 1998
NOT FOR DISTRIBUTION IN THE US, CANADA OR JAPAN FOR IMMEDIATE RELEASE 3 FEBRUARY 1998 SAIPEM ANNOUNCES 1997 RESULTS Today, the Board of Directors of Saipem S.p.A., the leading Italian oilfield services
More informationAngola s E&P Fiscal Regime In a Global Context. Delivering commercial insight to the global energy industry
Angola s E&P Fiscal Regime In a Global Context www.woodmac.com Agenda Summary of Angola s E&P fiscal regimes State / investor revenue-sharing under the fiscal regimes Angola s fiscal regimes in a global
More informationAnother Technological Revolution in the O&G Industry: A new Future for Onshore E&P. Ivan Sandrea Advisor to Petra Energia
Another Technological Revolution in the O&G Industry: A new Future for Onshore E&P Ivan Sandrea Advisor to Petra Energia Contents Another technological revolution in the O&G industry Key onshore stats
More information2015 ANNUAL RESULTS. March 10, 2016
ANNUAL RESULTS March 10, 2016 BOURBON: ANNUAL RESULTS (restated ) Change millions Change % In million of euros Adjusted Revenues 1,437.1 1,421.1 +16.1 +1.1% Adjusted EBITDAR ex. cap. gain 547.7 509.6
More informationPresentation at Swedbank s Nordic Energy Summit - 20 March Atle Sæbø EVP & CFO
Presentation at Swedbank s Nordic Energy Summit - 20 March 2014 Atle Sæbø EVP & CFO Our people Our assets Our clients ~3,100 employees worldwide Modern and high capability assets Long term relationships
More informationSaipem: Board of Directors approves results for Q3 and the first nine months of 2015
Saipem: Board of Directors approves results for and the first nine of London, October 27, - The Board of Directors of Saipem S.p.A, chaired by Paolo Andrea Colombo, today approved Saipem Group's Interim
More informationPetrobras focus on its strengths Rio de Janeiro October 25, 2017
Petrobras focus on its strengths Rio de Janeiro October 25, 2017 1 Disclaimer FORWARD-LOOKING STATEMENTS: DISCLAIMER The presentation may contain forward-looking statements about future events within the
More informationAppendix. January 24, Ichthys LNG Project Location. Gas Field. Ichthys. 4km
Appendix January 24, 2012 Ichthys LNG Project Location Gas Field A Ichthys A 0 100 200km 0 2 4km 2 Extent of the Ichthys Field 3 Permit holders Brief Summary of the Block WA-37-R INPEX group TOTAL Tokyo
More informationISSUES SUPPLY SEEMS TO HAVE SLOWED BUT PEAK OIL IS PSEUDOSCIENCE EASY OIL IS GONE CHEAP OIL IS GONE $100 IS NEW FLOOR, DUE TO HIGH COSTS RESOURCE NATI
GLOBAL OIL SUPPLY OUTLOOK IEEJ TOKYO JULY 2013 Michael C. Lynch lynch@energyseer.com http://www.forbes.com/sites/michaellynch/ 1 ISSUES SUPPLY SEEMS TO HAVE SLOWED BUT PEAK OIL IS PSEUDOSCIENCE EASY OIL
More informationPACC Offshore Services Holdings Ltd. Corporate Overview SGX-Goldman Marine Oil & Gas Corporate Day 3 March 2017
PACC Offshore Services Holdings Ltd. Corporate Overview SGX-Goldman Marine Oil & Gas Corporate Day 3 March 2017 Overview 1. About POSH 2. Our Competitive Strengths 3. Our Fleet 4. Q4 and FY 2016 Financial
More informationInvestor Presentation August PKD (NYSE) Rig 273 Alaska
Investor Presentation August 207 PKD (NYSE) Rig 273 Alaska Forward-Looking Statements Caution The following presentation contains certain statements that may be deemed to be forwardlooking statements within
More informationSBM OFFSHORE N.V. KEMPEN BENELUX CONFERENCE - LONDON
SBM OFFSHORE N.V. KEMPEN BENELUX CONFERENCE - LONDON 24 November 2010 Disclaimer Some of the statements contained in this presentation that are not historical facts are statements of future expectations
More informationADES International Holding announces intention to float on the London Stock Exchange
THIS ANNOUNCEMENT IS NOT BEING MADE IN, IS NOT DIRECTED AT AND MAY NOT BE DISTRIBUTED OR SENT INTO OR OTHERWISE MADE ACCESSIBLE BY PERSONS LOCATED IN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN
More informationFor personal use only
2015 Full Year Results Presentation MATRIX COMPOSITES AND ENGINEERING 19 August 2015 Agenda Overview Financial results Operational review Strategy & outlook 2 Overview Financial Revenue: $144.1 million
More informationSecond Quarter 2017 Earnings Presentation
Second Quarter 2017 Earnings Presentation 26 July 2017 1 Subsea 7-2017 Forward-looking statements Certain statements made in this presentation may include forward-looking statements. These statements may
More informationOil Report 4Q 2016 Earnings Summary for International Oil Companies (IOCs) & Outlook
March 15, 2017 4Q 2016 Earnings Summary for IOCs & Outlook Page 1 Quarterly & Annual Chart Summary (Aggregate of IOCs) Pages 2-4 Earnings Side Notes Page 5-7 Results by IOC Pages 8-13 Oil Report 4Q 2016
More informationRussia as a key player on the world energy market
Russia as a key player on the world energy market Elena Telegina Director of the Institute of Geopolitics and Energy Security of Russia Member of the Board, Russian Union of Oil Exporters Doctor of Economics,
More information2Q 2018 RESULT PRESENTATION
2Q 2018 RESULT PRESENTATION 15 August 2018 www.mermaid-group.com Disclaimer: The information contained in this document is intended only for use during the presentation and should not be disseminated or
More informationWood Group Final Results March Energy Supporting Energy
Wood Group 2011 Final Results March 2012 Energy Supporting Energy Important notice This document has been prepared p by the Company solely for use at presentations held in connection with the preliminary
More informationSimone Trevisani. CEO of Drillmec
Simone Trevisani CEO of Drillmec Who we are?... 2 The Group FOUNDATION ENGINEERING OIL&GAS GROUP SYNERGIES Special foundation services Oil drilling rigs CONSTANT INNOVATION Special foundation rigs OUR
More informationPareto Oil and Offshore Conference CEO Ivar Brandvold
Pareto Oil and Offshore Conference 2017 CEO Ivar Brandvold Disclaimer This presentation has been produced by Fred. Olsen Energy ASA (the "Company") based on information which is publicly available. This
More informationAlfa Laval Slide 3.
Report for Q4 2011 - Orders received and margins - Highlights - Development per segment - Geographical development - Financials - Outlook Mr. Lars Renström President and CEO Alfa Laval Group Key figures
More informationFinancial Results CONFERENCE CALL Third Quarter Results. Cesena 14 th November2014. Ended 30 th September 2014
Financial Results 2014 Third Quarter Results Ended 30 th September 2014 CONFERENCE CALL Cesena 14 th November2014 1. TREVI Group 2. 9M 2014 Financial Results 3. Q&A 4. Appendix Rome (ITALY) Metro Line
More informationANALYSTS PRESENTATION March 11, T. Mace, CEO and M. Miles, CFO
ANALYSTS PRESENTATION March 11, 2009 T. Mace, CEO and M. Miles, CFO DISCLAIMER Some of the statements contained in this presentation that are not historical facts are statements of future expectations
More informationSEB Nordic Seminar CFO - Rune Magnus Lundetrae Copenhagen, January 2014
SEB Nordic Seminar CFO - Rune Magnus Lundetrae Copenhagen, January 2014 Forward Looking Statements The statements described in this presentation that are not historical facts are forward-looking statements
More informationResults FIRST QUARTER April Extending success into new challenges
Results FIRST QUARTER 2011 April 29 2011 Extending success into new challenges Key highlights Business overview Strategy execution update Final remarks Appendix 2 Key highlights Sines refinery planned
More informationMaersk Drilling Q November 2013
Maersk Drilling Q3 2013 14 November 2013 page 2 Legal notice This presentation contains certain forward looking statements (all statements that are not entirely based on historical facts, among others
More informationThe Oil Supply Outlook in the New Oil Price Environment: The Long and Short Term Investment Cycles
The Oil Supply Outlook in the New Oil Price Environment: The Long and Short Term Investment Cycles Bassam Fattouh Oxford Institute for Energy Studies OIES OIL DAY, ST CATHERINE'S, OXFORD, NOVEMBER 17 215
More informationInvestor Presentation
Investor Presentation Fourth Quarter 2016 KCA Deutag is a leading international drilling and engineering company working onshore and offshore with a focus on safety, quality and operational performance
More informationQ Presentation
Q1 2015 Presentation Contents Highlights and material events Segment reporting Financial information Summary Page 2 Group Financial performance Q1 2015 highlights: Operating revenue of USD 240 million
More informationThird Quarter November 2, 2011
Earnings Presentation Third Quarter 2011 November 2, 2011 12:00 200noon UK time Forward-looking statements Certain statements made in this announcement may include forward-looking statements within the
More informationPride International, Inc. Howard Weil Energy Conference Louis A. Raspino President & CEO
Pride International, Inc. Howard Weil Energy Conference Louis A. Raspino President & CEO March 25, 2009 New Orleans, LA Forward Looking Statements Certain statements in the following presentation regarding
More informationFugro HY 2018: strong revenue growth and improved EBIT Continued competitive offshore market conditions
Leidschendam, the Netherlands, 1 August 2018 Fugro HY 2018: strong revenue growth and improved EBIT Continued competitive offshore market conditions Revenue growth of 16.6% on comparable basis mainly driven
More informationHALF-YEAR RESULTS 2009 Analysts Presentation August 19, T. Mace, CEO and M. Miles, CFO
HALF-YEAR RESULTS 2009 Analysts Presentation August 19, 2009 T. Mace, CEO and M. Miles, CFO DISCLAIMER Some of the statements contained in this presentation that are not historical facts are statements
More informationBen Brunnen, Vice President, Oil Sands January 19, Upstream Oil and Gas Industry Outlook Presentation to Alberta s Industrial Heartland
Ben Brunnen, Vice President, Oil Sands January 19, 2017 Upstream Oil and Gas Industry Outlook Presentation to Alberta s Industrial Heartland 2 About CAPP and Canada s Oil and Gas Industry Large and small
More informationPareto Securities Oil & Offshore Conference. Chris Beckett, CEO September 12, 2012
Pareto Securities Oil & Offshore Conference Chris Beckett, CEO September 12, 2012 Disclaimer Certain statements and information in this presentation may constitute forward looking statements within the
More informationInvestor Presentation. September 6, 2016
Investor Presentation September 6, 2016 Forward Looking Statements Certain statements and information contained in this presentation constitute forward-looking statements within the meaning of the safe
More informationEarnings Presentation Second Quarter July :00 noon UK time
Earnings Presentation Second Quarter 2015 29 July 2015 12:00 noon UK time Forward-looking statements Certain statements made in this announcement may include forward-looking statements. These statements
More informationPareto Securities 23rd Annual Oil & Offshore Conference
Pareto Securities 23rd Annual Oil & Offshore Conference September 14-15, 2016 Oslo, Norway www.paragonoffshore.com Safe Harbor Statement This material contains statements that are forward looking statements
More informationInvestor Presentation
Investor Presentation Second Quarter KCA Deutag is a leading international drilling and engineering company working onshore and offshore with a focus on safety, quality and operational performance www.kcadeutag.com
More informationLA Energy Conference. New Orleans, LA - June 11, Todd M. Hornbeck Chairman, President & CEO
LA Energy Conference New Orleans, LA - June 11, 2014 Todd M. Hornbeck Chairman, President & CEO Forward-Looking Statements This Presentation contains forward-looking statements, as contemplated by the
More informationEarnings Presentation Fourth Quarter and Full Year March :00 noon UK time
Earnings Presentation Fourth Quarter and Full Year 2013 5 March 2014 12:00 noon UK time Forward-looking statements Certain statements made in this announcement may include forward-looking statements. These
More informationSeismic shifts in the oil and gas business
Seismic shifts in the oil and gas business Copenhagen Wednesday, 07 October 2015 Strategy with substance www.woodmac.com Jan-13 May-13 Sep-13 Jan-14 May-14 Sep-14 Jan-15 May-15 Sep-15 Jan-16 May-16 Sep-16
More informationOcean Rig UDW Inc. 3 rd Quarter Ended September 30, 2013 Earnings Presentation OCEAN RIG UDW INC.
Ocean Rig UDW Inc. 3 rd Quarter Ended September 30, 2013 Earnings Presentation NASDAQ: ORIG November 5 th, 2013 Forward Looking Statements Matters discussed in this presentation may constitute forward-looking
More informationCorporate Presentation. February 2012
Corporate Presentation February 2012 Disclosure This presentation should be read in conjunction with various filings made by Range Energy Resources Inc. on SEDAR at www.sedar.com. Certain statements in
More informationGranting Documents. Upstream Contract Models with Governments. For IGU Rio de Janeiro Adauto Carneiro Pereira PETROBRAS
Granting Documents Upstream Contract Models with Governments For IGU Rio de Janeiro 2013 Adauto Carneiro Pereira PETROBRAS What Governments and Investors are expecting out of upstream Contracts? INVESTOR
More informationLeviathan Sanction. February 23, 2017
Leviathan Sanction February 23, 2017 Leviathan Project Sanction Highlights First Gas Targeted for the End of 2019 Exceptional quality project with decades of potential Initial capacity of 1.2 Bcf/d, future
More informationAgenda. CGGVeritas - Overview. Sercel & Services Detail. H Update. Outlook and Perspectives
Agenda CGGVeritas - Overview Sercel & Services Detail H1 2009 Update Outlook and Perspectives 2 CGGVeritas: A Full Range of Activities H1 2009 Sales: $1.6bn; EBITDAs: $0.5bn Equipment Services Sercel Marine
More informationBOURBON STRATEGIC CONFERENCE. June 25, 2010 Shanghai
BOURBON STRATEGIC CONFERENCE June 25, 2010 Shanghai Executive Summary JACQUES DE CHATEAUVIEUX Chief Executive Officer BOURBON 2015 leadership strategy Focus on Marine Services to offshore industry Invest
More informationRig Market Regional Challenges from a Risk Managers perspective. Svein Bergstad Director of Risk & Insurance 24 October 2013
Rig Market Regional Challenges from a Risk Managers perspective Svein Bergstad Director of Risk & Insurance 24 October 2013 Content Who is Seadrill? Rig market Insurance challenges and compliance 2 Seadrill
More information2009 FULL-YEAR FINANCIAL RESULTS ANALYST PRESENTATION MARCH 3, 2010
29 FULL-YEAR FINANCIAL RESULTS ANALYST PRESENTATION MARCH 3, 21 AGENDA I. 29 HIGHLIGHTS................................................. 3 II. MARKET REVIEW & PROSPECTS....................................
More information2010 Annual Results. February 10, 2011
2010 Annual Results February 10, 2011 Disclaimer This presentation contains forward-looking statements. The use of the words "aim(s)," "expect(s)," "feel(s)," "will," "may," "believe(s)," "anticipate(s)"
More informationIndustry Analysis. Transocean LTD. (RIG) Applied Portfolio Management
Recommendation: Buy Price $84.83 as of Apr 28, 2010 Sector Global Energy Equipment and Services Sub Industry Oil & Gas Drilling 1 Year Target Price $118.37 Transocean LTD. (RIG) Summary: This leading provider
More informationEarnings Presentation Second Quarter and Half Year August 10, :00 noon UK time
Earnings Presentation Second Quarter and Half Year 2011 August 10, 2011 12:00 noon UK time Forwardlooking statements Certain statements made in this announcement may include forwardlooking statements within
More informationGulfMark Offshore, Inc. Lehman Brothers High Yield Conference
GulfMark Offshore, Inc. Lehman Brothers High Yield Conference - 2005 Cautionary Statement Regarding Forward-Looking Statements This presentation includes forward-looking statements and projections, made
More informationMODEC, Inc Financial Results Analysts Presentation. February 25, 2011
MODEC, Inc. 21 Financial Results Analysts Presentation February 25, 211 Market Overview & Operations Review Financial Results & Outlook 2 Market Overview Global demand for oil and gas steadily increases
More informationFinancial Results for the Period Ended 30 September Investor Call, 30 October 2018
Financial Results for the Period Ended 30 September 2018 Investor Call, 30 October 2018 Q3 2018 RESULTS HIGHLIGHTS Growth across the business Strong cash flow generation and increased profitability Q3
More informationJohn Gerdes Head of Research. The Dynamic and Global Oil & Gas Industry Next Steps for 2016 & 2017
John Gerdes Head of Research The Dynamic and Global Oil & Gas Industry Next Steps for 2016 & 2017 Differentiated Energy Research Mission: Consistent, objective analysis of full-cycle economic returns derived
More informationBOURBON Presentation to shareholders September 25, 2015
BOURBON Presentation to shareholders September 25, 2015 DISCLAIMER This document may contain information other than historical information, which constitutes estimated, provisional data concerning the
More information14/11/14. Introduction. Financial Highlights & Review. Business Review. Market Outlook. Strategic Positioning for Sustainable Growth.
// Third Quarter and Nine Months Financial Results November Scope of Briefing Introduction Financial Highlights & Review Business Review Market Outlook Strategic Positioning for Sustainable Growth Summary
More informationOil Report 1Q 2017 Earnings Summary for International Oil Companies (IOCs) & Outlook
May 17, 2017 1Q 2017 Earnings Summary for IOCs & Outlook Page 1 Quarterly Chart Summary (Aggregate of IOCs) Pages 2-3 Earnings Side Notes Page 4-6 Results by IOC Pages 7-10 Oil Report 1Q 2017 Earnings
More informationTrading update Q3 2017: low single digit EBIT margin in a stabilising oil and gas market
Leidschendam, the Netherlands, 30 October 2017 Trading update Q3 2017: low single digit EBIT margin in a stabilising oil and gas market Year-on-year revenue decline of 19.5% on a currency basis, to a large
More informationJeffrey Currie Goldman, Sachs & Co
The New Oil Order September 217 Jeffrey Currie Goldman, Sachs & Co. +1 212-357-681 jeffrey.currie@gs.com Goldman Sachs does and seeks to do business with companies covered in its research reports. As a
More informationJOINT VENTURE REVIEW
JOINT VENTURE REVIEW The joint venture has been widely misunderstood as being a separate type of petroleum agreement. It is not usually so. It is a partnership arrangement wherein the State, either directly
More informationFinal Results February 2014
Final Results 2013 26 February 2014 Important notice This document has been prepared by Petrofac Limited (the Company) solely for use at presentations held in connection with its Full Year Results on 26
More informationMODEC, Inc Half-Year Financial Results Analysts Presentation. August 19, 2011
MODEC, Inc. 211 Half-Year Financial Results Analysts Presentation August 19, 211 Operations Review Financial Results & Outlook 2 211 Half-Year Overview: Financial Revenue generated steadily mainly in accordance
More informationQ Earnings Call Presentation. February 22, 2018
Q4 2017 Earnings Call Presentation February 22, 2018 Disclaimer Forward-looking statements We would like to caution you with respect to any forward-looking statements made in this presentation as defined
More informationRESULTS FOR FIRST HALF OF August 2015
RESULTS FOR FIRST HALF OF 2015 31 August 2015 Content Keys to the period Main figures Profit & Loss Account Breakdown of Sales Breakdown of EBITDA The Vuelta de Obligado Project Order Intake and Backlog
More informationDECEMBER 2018 QUARTERLY REPORT AND APPENDIX 5B
DECEMBER 2018 QUARTERLY REPORT AND APPENDIX 5B Highlights The Board of Directors appointed a new Independent Non-Executive Chairman, Mr Bruce Phillips. Shareholders approved the change of name from Karoon
More informationInvestor Presentation. March 1, 2012
Investor Presentation March 1, 2012 Disclaimer Thispresentation contains statements that express opinions, expectations, beliefs, plans, objectives, assumptions or projections of Pacific Drilling S.A.
More informationLincoln Electric Holdings, Inc. 2Q 2012 Financial Results Conference Call July 30, 2012
Lincoln Electric Holdings, Inc. 2Q 2012 Financial Results Conference Call July 30, 2012 1 Safe Harbor -- Forward-Looking Statements Statements made during this presentation which are not historical facts
More informationInvestor Day New York April 6, Paolo Rocca Chairman and CEO
New York April 6, 26 Paolo Rocca Chairman and CEO Disclaimer This presentation contains forward-looking statements. Forward-looking statements are based on management s current views and assumptions and
More informationIn for the Long Haul Why Lower Oil Prices will be Good for You!
In for the Long Haul Why Lower Oil Prices will be Good for You! CO2-EOR Institute, 16 July 2015 BEG/CEE-UT, 1 Lower oil prices will Build demand Reduce competition to oil from non-oil alternatives (high
More informationCiti MLP/Midstream Infrastructure Conference. Las Vegas August 2014
Citi MLP/Midstream Infrastructure Conference Las Vegas August 2014 Forward Looking Statements This presentation includes forward looking statements. Such statements are generally not historical in nature,
More informationFinal Results February 2014
Final Results 26 February 2014 Important notice This document has been prepared by Petrofac Limited (the Company) solely for use at presentations held in connection with its Full Year Results on 26 February
More informationThird Quarter 2018 Earnings Presentation
Third Quarter 2018 Earnings Presentation 8 November 2018 1 Subsea 7-2018 Forward-looking statements Certain statements made in this presentation may include forward-looking statements. These statements
More informationParker Drilling Reports Third Quarter 2008 Results
November 5, 2008 Parker Drilling Reports Third Quarter 2008 Results HOUSTON, Nov. 5 /PRNewswire-FirstCall/ -- Parker Drilling Company (NYSE: PKD), a global drilling contractor and service provider, today
More informationFinancial Results for the Period Ended 31 December Investor Call, 25 March 2019
Financial Results for the Period Ended 31 December 2018 Investor Call, 25 March 2019 FY 2018 RESULTS HIGHLIGHTS Strong operating performance across all regions and multiple significant contract awards
More informationFIRSTHALF2018 RESULTSPRESENTATION
FIRSTHALF2018 RESULTSPRESENTATION July 26 th 2018 Juan Lladó CEO 1 DISCLAIMER This document has been prepared by Técnicas Reunidas S.A. (the Company) solely for use at presentations held in connection
More informationInvestor Relations Jay Bachmann Danièle Daouphars
Investor Document Investor Relations Jay Bachmann jay.bachmann@lafarge.com +33 1 44 34 93 71 Granulats et Béton - Afrique du Sud, stade Moses Mabhida Danièle Daouphars daniele.daouphars@lafarge.com +33
More informationInvestor Relations November 2018
We Distribute Products That Deliver Energy to the World Investor Relations November 2018 Disclosure Statement Statements made in the course of this presentation that state the Company's or management's
More informationInvestor Day Presentation. New York, October 19, 2016
Investor Day Presentation New York, October 19, 216 Disclaimer This presentation contains forward-looking statements. Forward-looking statements are based on management s current views and assumptions
More informationMLPA Conference, Orlando. June, 2017
MLPA Conference, Orlando June, 2017 Notice to Recipients This presentation is not a prospectus and is not an offer to sell, nor a solicitation of an offer to buy, securities. This presentation contains
More informationsaipem Saipem activities in Canada and its sustainable business model 18 October 2013
Saipem activities in Canada and its sustainable business model 18 October 2013 Outline Introduction Canadian O&G market: Where the action is!!! Saipem in Canada: Company Evolution and Business Model The
More informationJefferies 10 th Annual Global Industrials Conference
Jefferies 10 th Annual Global Industrials Conference August 2014 www.jacobs.com worldwide Forward-Looking Statement Disclaimer Statements included in this presentation that are not based on historical
More informationSeadrill Partners LLC. Morgan Stanley Midstream MLP & Diversified Natural Gas Corporate Access Event March 2014
Seadrill Partners LLC Morgan Stanley Midstream MLP & Diversified Natural Gas Corporate Access Event March 2014 Forward Looking Statements This presentation includes forward looking statements. Such statements
More information