FMC CUSTOMER SUPPORT. Ingmar Westervik Operations Manager Operations Norway

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1 FMC CUSTOMER SUPPORT Ingmar Westervik Operations Manager Operations Norway

2

3 FMC Technologies Named World's Most Admired Oil and Gas Equipment, Services Company, 2010 FMC has been named the 2010 World's Most Admired Company in the Oil and Gas Equipment, Services industry by FORTUNE(R) Magazine! The rankings are based on a survey of approximately 15,000 senior executives, outside directors, and industry analysts. Companies are rated on several factors, including innovation, people management, use of corporate assets, financial soundness, long-term investment and global competitiveness.

4 Global Subsea Presence Capabilities in All Major Deepwater Basins 2008 Subsea Revenue: $3.0B FMC 38% GE Vetco 15% Aker Solutions 14 % Asia- Pacific Brazil North Sea Cameron 29% Dril-Quip 4% Norway Scotland GOM West Africa Houston Manufacturing Facility Service Base Manufacturing Facility & Service Base Brazil Nigeria Angola Malaysia Singapore Australia

5 CANADA NORWAY UK POLAND MAURETANIA IVORY COAST CONGO (ANGOLA) - Customer Support, ER Service Bases Employees -700 in Norway -400 TSP - Sales 2009: ER: 2050 mnok Norway: 1560 mnok Ågotnes Head office Service and Aftermarket Eastern Region

6 Customer Support in Norway Kristiansund Bergen Stavanger Florø (GdF+SH) Gjøa Gullfaks Norne Åsgard Tyrihans Ormen Lange Ekofisk

7 Warranty period Operations Norway 2009/2010 Volume Troll O2 Vega Gjøa Ekofisk TTRD Tyrihans OrmenLange Åsgard Gullfaks Oseberg Statfjord Norne OPERATION BID & TENDER OFFERS EPC CONTRACT Approx. 10% of EPC NEW EQUIPMENT INSTALLATION POST-COMMISSIONING/ LIFE OF FIELD SERVICES Start Delivery Demobilization Time Approx. 3 years years Customer Support FMC 300 XT installed in NCS (approx 60% market share)

8 FMC CS System responsible in the whole Operational cycle Mobilization Storage Offshore Operations Maintenance Demobilization Storage CS a Turnkey supplier of FMC Subsea services in the After market

9 FMC - Frontrunner in Subsea technology in NCS Control Systems Tension Leg Platforms Surface Well Systems RLWI Subsea Drilling Systems TTRD Subsea Processing Subsea Manifold Smart Well Control Systems Subsea Template Systems ROV Tie-In Systems Guidelineless Deepwater Trees

10 Riserless Light Well Intervention Increased Oil Recovery Services Patented Technology Solution Light Well Intervention Solution: Lower cost - rigless Faster interventions No hydrocarbons to surface Contracts Awarded to FMC Operator Location Term Status StatoilHydro North Sea 6 Yrs In-service StatoilHydro North Sea 4 Yrs In-service BP North Sea 3 Yrs In-service

11 Through Tubing Drilling - Increased Oil Recovery Successfully performed two TTRD- Operations for Statoil

12 Maintenance, Modification, Repair and Storage (MMRS) Periodic maintenance of subsea tools Corrective maintenance Modifications Recertification/Overhaul Maintenance Management Operating in m2 Workshop area in Norway

13 OPERATIONS 43 Engineers in all disciplines Planning and supporting up to 15 rig/vessel offshore operations in parallel 10 Discipline specialists located in customer s organization to support the operations Integrated Operations are becoming important tools for supporting the customers requirements More professional support to the operations offshore and to the customer Reduced travel activity which means reduced cost and key personnel are more available in the office

14 Tool rental Training Complete Tool Package for installation, wellhead, tie-in and completion Customer Training FMC Internal Training E-Learning Programmes

15 Value Product and Services FMC CS Norway Invoiced value of product and services CS Norway 2008: Total Value: 486 MNOK (Kongsberg 2800 mnok) Norway: 380 MNOK 78% Hordaland: 215 MNOK 44% Region Vest: 152 MNOK 31% Contact persons Supply Chain: Strategic Sourcing Lead:. Julien Dubruille, (+ 47) Supply Chain Manager: Elin Vasstrand, (+47)

16 PERFORMANCE - OPERATIONS NORWAY High risk incidents 0 Environmental incidents Sickleave below target of 3% Uptime: 99,5% rig/vessel hours on critical line Good feedback from customer!

17 What about the future? (Copied from external market analysis)

18 Thank You

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