GLOBAL RIG AND OFFSHORE CONSTRUCTION MARKETS
|
|
- Georgina Hamilton
- 6 years ago
- Views:
Transcription
1 Information Analytics Expertise OCTOBER 214 GLOBAL RIG AND OFFSHORE CONSTRUCTION MARKETS Slowdown on all fronts? Evgenia Kukina, Sr. Product Manager +44 ()
2 BLACK SEA OFFSHORE CONFERENCE/OCT 214 Content and Presentation Sources 2
3 BLACK SEA OFFSHORE CONFERENCE/OCT 214 Field Development Trends 3
4 Number of Discoveries BLACK SEA OFFSHORE CONFERENCE/OCT 214 2/3 of global offshore finds in past decade were made in Southeast Asia, Europe and Africa 7 Global offshore discoveries 24-present SE Asia Europe Africa Latin America Australia/NZ North America Middle East CIS 4
5 BLACK SEA OFFSHORE CONFERENCE/OCT 214 Those will be the regions that will drive demand Offshore field development start-ups in Middle East & Caspian 8% Mediterranean 7% Australia/NZ 5% SE Asia 26% North America 9% Latin America 11% NW Europe 22% West Africa 12% 5
6 Number of Projects BLACK SEA OFFSHORE CONFERENCE/OCT 214 Fewer project sanctions will lead to a reduction in new projects in 2-3 years 6 Global Offshore FEED awards 25 Global Offshore Field Development Projects Completed Construction Planned Tendering 6
7 BLACK SEA OFFSHORE CONFERENCE/OCT 214 due to cost escalation and uncertainty over oil price Prospects of lower oil prices Weak demand growth Rising costs Tight contractor capacity Less project sanctions Postponements Revisions Decline in new orders 7
8 Subsea project awards per month BLACK SEA OFFSHORE CONFERENCE/OCT 214 Only five subsea awards this year the longest order drought in years! Global Subsea Tree Awards
9 BLACK SEA OFFSHORE CONFERENCE/OCT 214 Construction Fleet 9
10 BLACK SEA OFFSHORE CONFERENCE/OCT 214 Heavy lift fleet almost doubled in the past ten years Global Heavy Lift Fleet Supply Existing vessels Newbuilds The current fleet consists of 56 vessels, with 1 under construction 1
11 Supply/Demand, vessel days Utilisation, % BLACK SEA OFFSHORE CONFERENCE/OCT 214 Heavy lift market will remain heavily oversupplied 25, 8% 7% 2, 6% 15, 5% 4% 1, 3% 5, 2% 1% Demand (vessel days) Supply (vessel days) Utilisation % 11
12 BLACK SEA OFFSHORE CONFERENCE/OCT 214 unless older vessels are removed years 6-1 years years 16-2 years years 26+ years 12
13 BLACK SEA OFFSHORE CONFERENCE/OCT 214 The pipelay market has seen a large number of newbuild deliveries in the past ten years
14 Supply/Demand, vessel days Utilisation, % BLACK SEA OFFSHORE CONFERENCE/OCT 214 Increasing supply and slower demand for pipelay work are affecting utilisation rates 7, 1% 6, 5, 9% 8% 7% 4, 3, 6% 5% 4% 2, 3% 1, 2% 1% F 215F 216F 217F 218F Demand Supply Utilisation % 14
15 Utilisation rates for deepwater vessels will stay at a healthy level Offshore pipelay utilisation by vessel type (24-218) 12% BLACK SEA OFFSHORE CONFERENCE/OCT 214 1% 8% 6% 4% 2% % F 215F 216F 217F 218F Harsh&Deep Shallow&Benign Whole Fleet 15
16 BLACK SEA OFFSHORE CONFERENCE/OCT 214 Rig market 16
17 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Rig demand/supply Rig surplus BLACK SEA OFFSHORE CONFERENCE/OCT 214 Floating rig market will weaken in the next two years due to newbuild deliveries and poor demand 55 NW Europe semis supply and demand Demand Total supply Marketed supply Marketed surplus 17
18 BLACK SEA OFFSHORE CONFERENCE/OCT 214 Indicators of market change from IHS publications - Chevron looks for cost cuts on Rosebank (European Rigs Newswire - 25 November, 213) - Alarm bells ring over UK exploration decrease (European Rigs Newswire - 26 February, 214) - Oil & Gas UK expresses concerns over bareboat chartering tax measure (European Rigs Newswire - 2 March, 214) - Statoil lets Transocean Leader option lapse (European Rigs Newswire - 1 April, 214) - Sublets adding further market pressure (North Sea Rig Report - 1 July, 214) - Rosneft awards contracts to NADL and Northern Offshore (European Rigs Newswire - 3 July, 214) 18
19 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Rig supply/ demand Rig surplus BLACK SEA OFFSHORE CONFERENCE/OCT 214 Jackup rig market will also soften as little new work is emerging for NW Europe jackups supply and demand Demand Total supply Marketed supply Marketed surplus 19
20 WHATEVER HAPPENED TO THE BLACK NORTH SEA SEA OFFSHORE RIG MARKET? CONFERENCE/OCT / SEPTEMBER 214 Floater market softening Standard Marketed utilisation 85% Total utilisation 6% 25% cold-stacked Fixture rates USD 18,-3, Older rigs up for sale few buyers Deepwater (DW) Marketed utilisation 87% Total utilisation of 83% Fixture rates USD 2,-4, Declining rig values Scope for attrition of older deepwater units Ultra-deepwater (UDW) 95% marketed/total utilisation 72 units available before late 215 Most UDW rigs working way below water depth capacity 16 newbuilds available before late 215 Soft market expected until 216 Day rates slipping from highs of USD 63, to USD 375, 2
21 New supply incoming but little attrition 45% of newbuilds uncommitted 61 of 75 have wd>7,5ft WHATEVER HAPPENED TO THE BLACK NORTH SEA SEA OFFSHORE RIG MARKET? CONFERENCE/OCT / SEPTEMBER % of newbuilds uncommitted Drillship supply Semi supply Supply Additions/ removals 1 2 Supply 15 1 Additions/ Removals Add Del Fleet Add Del Fleet 21
22 Backlog Days per rig Sharp decline in 3,1-5,ft backlog WHATEVER HAPPENED TO THE BLACK NORTH SEA SEA OFFSHORE RIG MARKET? CONFERENCE/OCT / SEPTEMBER 214 Floating Rig Backlog by Rated Depth 2, 1,8 1,6 1,4 1,2 1, >7,5ft 5,1-7,5ft 3,1-5,ft <3,ft 1Q 1Q1 1Q2 1Q3 1Q4 1Q5 1Q6 1Q7 1Q8 1Q9 1Q1 1Q11 1Q12 1Q13 1Q14 Rigs on order and under construction are counted. Out of service rigs are not counted. 22
23 WHATEVER HAPPENED TO THE BLACK NORTH SEA SEA OFFSHORE RIG MARKET? CONFERENCE/OCT / SEPTEMBER 214 Jackup supply increasing but market remains for older rigs Premium (31ft+) Total utilisation of 94% Marketed utilisation 94% Fixture rates USD 15,-18, Stronger utilisation of higherspec vs. lower-spec rigs Day rate gap between older and newer rigs Oversupply looming 3ft IC Total utilisation of 86% Marketed utilisation of 87% Fixture rates USD 98,-17, Attrition rate for older rigs remains low Low-cost contractors being set up 25ft IC Total utilisation of 84% Marketed utilisation of 87% Fixture rates USD 12,-128, Attrition rate for older rigs remains low Low-cost contractors being set up 23
24 Huge increase in jackup fleet WHATEVER HAPPENED TO THE BLACK NORTH SEA SEA OFFSHORE RIG MARKET? CONFERENCE/OCT / SEPTEMBER Jackup supply jackups under construction 88% uncontracted Little attrition underway Over half being built in China Additions/ Attrition Jackup - Add Jackup - Del Jackup - Exist 24
25 BLACK SEA OFFSHORE CONFERENCE/OCT 214 Conclusions Cost escalation and uncertainty over the oil price will lead to a reduction in new field development projects in 2-3 years This will affect demand for pipelay, platform and subsea installation work Increasing supply and slower demand will bring down utilisation rates for heavy lift and pipelay vessels Floating and jackup rig markets will weaken in the next two years due to newbuild deliveries and poor demand Longer term, the oil price will be strengthening, as the global economy recovers, boosting field development activities 25
26 Contact us Americas: +1.8.IHS.CARE ( ); Europe, Middle East, and Africa: +44.() ; Asia and the Pacific Rim: ; No portion of this report may be reproduced, reused, or otherwise distributed in any form without prior written consent, with the exception of any internal client distribution as may be permitted in the license agreement between client and IHS. Content reproduced or redistributed with IHS permission must display IHS legal notices and attributions of authorship. The information contained herein is from sources considered reliable but its accuracy and completeness are not warranted, nor are the opinions and analyses which are based upon it, and to the extent permitted by law, IHS shall not be liable for any errors or omissions or any loss, damage or expense incurred by reliance on information or any statement contained herein. For more information, please contact IHS at +1 8 IHS CARE (from North American locations), or +44 () (from outside North America). All products, company names or other marks appearing in this publication are the trademarks and property of IHS or their respective owners. V
Drilling Market Outlook
7 th Annual Latin America Ship & Offshore Finance Forum Rio de Janeiro - September 16, 2010 Drilling Market Outlook Tom Kellock Today s agenda 1. Impact on Brazil of Macondo Incident 2. Operating Costs
More informationIHS CHEMICAL Toluene Methylation Process by GT-TolAlk SM Technology
` IHS CHEMICAL Toluene Methylation Process by GT-TolAlk SM Technology March 2016 ihs.com Toluene Methylation Process by GT-TolAlk SM Technology Anshuman Agrawal Principal Analyst Toluene Methylation Process
More informationGround Robotics Market Analysis
IHS AEROSPACE DEFENSE & SECURITY (AD&S) Presentation PUBLIC PERCEPTION Ground Robotics Market Analysis AUTONOMY 4 December 2014 ihs.com Derrick Maple, Principal Analyst, +44 (0)1834 814543, derrick.maple@ihs.com
More informationNoble Corporation. Don Jacobsen Senior Vice President Industry & Government Relations Marine/Offshore Industry Conference 29 March 2012
Noble Corporation Don Jacobsen Senior Vice President Industry & Government Relations 20 Marine/Offshore Industry Conference 29 March 202 Forward Looking Statement These presentations contain forward-looking
More informationMoving Boundaries Within Offshore Drilling Pareto's 18th annual Oil & Offshore Conference, Oslo, 31 th August 2011
Moving Boundaries Within Offshore Drilling Pareto's 18th annual Oil & Offshore Conference, Oslo, 31 th August 2011 Michael Boysen Nielsen Maersk Drilling Maersk Drilling s Strategy Maersk Drilling will
More informationThe Future of Offshore Drilling: Beyond Ultra Deep. Chris Beckett, CEO Pacific Drilling S.A. September 22, 2014
The Future of Offshore Drilling: Beyond Ultra Deep Chris Beckett, CEO Pacific Drilling S.A. September 22, 2014 Pacific Drilling: Committed to being the Preferred Ultra Deepwater Driller Only 100% high
More informationSanford Bernstein Strategic Decisions Conference. May 2014
Sanford Bernstein Strategic Decisions Conference May 2014 1 Forward-Looking Statements Statements made today that are not historical facts are forward-looking statements within the meaning of Section 27A
More informationMatrix Composites & Engineering Ltd
Matrix Composites & Engineering Ltd Euroz 2015 Industrials Tour 10 June 2015 Overview Introduction to Matrix Business Operations and Outlook Plant Tour 2 Introduction to Matrix WHO WE ARE AND WHAT WE DO
More information2Q 2016 Results. Mermaid Maritime Plc. August 2016
Mermaid Maritime Plc 2Q 2016 Results August 2016 Disclaimer: The information contained in this document is intended only for use during the presentation and should not be disseminated or distributed to
More informationGoldman Sachs Global Energy Conference. January 2014
Goldman Sachs Global Energy Conference January 2014 1 Forward-Looking Statements Statements made today that are not historical facts are forward-looking statements within the meaning of Section 27A of
More informationReview of the UK oilfield services industry. January 2016
Review of the UK oilfield services industry January 2016 Wells 04 Review of the UK oilfield services industry January 2016 23 Wells Figure 15: UK upstream oil and gas supply chain sub-sectors Supply chain
More informationQUARTERLY UPDATE. Summary
QUARTERLY UPDATE Q1 FY14 Summary Production levels consistent with designed plant capacity Current order backlog of US$86 million which will support full production until the beginning of Q4 FY14 Strong
More informationSanford Bernstein Strategic Decisions Conference. May 2013
Sanford Bernstein Strategic Decisions Conference May 2013 1 Forward-Looking Statements Statements made today that are not historical facts are forward-looking statements within the meaning of Section 27A
More informationMid-Atlantic Investor Meetings. February 2013
Mid-Atlantic Investor Meetings February 2013 1 Forward-Looking Statements Statements made today that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities
More informationMTS Outlook Conference Equipment Manufacturers and Supplies. March 26, 2015
MTS Outlook Conference Equipment Manufacturers and Supplies March 26, 2015 Oil and Gas Industry Trends Increased Globalization- Top 400 Oil & Gas Projects Deepwater, Unconventional Resource Plays, Canadian
More informationPareto Securities 20 th Annual Oil & Offshore Conference. Dan Rabun, Chairman & CEO. 4 September 2013
Pareto Securities 20 th Annual Oil & Offshore Conference Dan Rabun, Chairman & CEO 4 September 2013 1 Forward-Looking Statements Statements made today that are not historical facts are forward-looking
More informationPareto s Annual Oil & Offshore Conference
Pareto s Annual Oil & Offshore Conference Daniel W. Rabun Chairman, President & CEO 31 August 2011 1 Forward-Looking Statements Statements contained in this presentation that are not historical facts are
More informationWells Fargo Securities 2 nd Annual West Coast Energy Conference. June 2017
Wells Fargo Securities 2 nd Annual West Coast Energy Conference June 2017 1 Forward-Looking Statements Statements contained in this investor presentation that are not historical facts are forward-looking
More information3Q 2016 Results. Mermaid Maritime Plc. 14 November 2016
Mermaid Maritime Plc 3Q 2016 Results 14 November 2016 Disclaimer: The information contained in this document is intended only for use during the presentation and should not be disseminated or distributed
More informationHoward Weil Energy Conference
Howard Weil Energy Conference Dan Rabun Chairman, President and CEO 27 March 2012 1 Forward-Looking Statements Statements contained in this press release that are not historical facts are forward-looking
More informationForward-Looking Statement
1 Forward-Looking Statement The statements described in this presentation that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and
More informationA Rebirth in the North Sea or simply a False Dawn
The North Sea has seen record levels of investment in 2012 and 2013 Drilling activity is forecast to increase in the coming years Utilization in the Region is the highest it has ever been and there are
More informationHead of Strategy & Relations - Michael Harboe-Jørgensen. 16 June 2014, Lindø Industrial Park, Denmark
Company presentation Head of Strategy & Relations - Michael Harboe-Jørgensen Mærsk Gallant site visit 16 June 2014, Lindø Industrial Park, Denmark page 2 Legal notice This presentation contains certain
More informationInvestor Presentation. February 2018
Investor Presentation February 208 Forward-Looking Statements Statements contained in this investor presentation that are not historical facts are forward-looking statements within the meaning of Section
More informationQuarterly Presentation Q DOF Subsea Group
Quarterly Presentation Q4 2016 DOF Subsea Group DOF Subsea Group DOF Subsea Group in Brief DOF ASA (51%) First Reserve Corporation (49%) DOF Subsea Holding (100%) DOF Subsea 2005 Established 20 526 NOK
More informationQUARTERLY UPDATE Q2 FY13
QUARTERLY UPDATE Q2 FY13 Summary Current order book increased by 51 per cent Quotes remain at near record highs Launch of new high impact resistant centralisers Reconfigured plant shift roster and operational
More informationCredit Suisse Energy Summit Transocean Ltd.
Credit Suisse Energy Summit Transocean Ltd. February 7, 2012 1 Legal Disclaimer The statements described in this presentation that are not historical facts are forward-looking statements within the meaning
More informationUK Subsea Sector, The Invisible Global Player
UK Subsea Sector, The Invisible Global Player An Overview of the Global Impact of UK Subsea Engineering Companies and Personnel Will Rowley Director of Analytical Services Infield Systems Limited Infield
More information1Q 2016 Results. Mermaid Maritime Plc. May 23, 2016
Mermaid Maritime Plc 1Q 2016 Results May 23, 2016 Disclaimer: The information contained in this document is intended only for use during the presentation and should not be disseminated or distributed to
More informationWhat Is Different about the Ultra- Deepwater Market This Time? Chris Beckett, CEO Pacific Drilling. May 2, 2012
What Is Different about the Ultra- Deepwater Market This Time? Chris Beckett, CEO Pacific Drilling May 2, 2012 Disclaimer This presentation contains statements that express opinions, expectations, beliefs,
More informationIndustry Insights Drilling Rigs Market HEADLINES. The number of stacked rigs has increased by 33% in the last year.
ISSUE NO 1 January 217 Industry 217 Drilling Rigs Market HEADLINES The number of stacked rigs has increased by 33% in the last year. 4% Of the global fleet is now stacked with utilisation falling to 51%.
More informationSubsea Tieback Forum
Subsea Tieback Forum Subsea trends, challenges, and technology requirements Howard Wright Senior Analyst Forward Looking Disclaimer The information contained in this document is believed to be accurate,
More informationScotia Howard Weil Energy Conference. 27 March 2018
Scotia Howard Weil Energy Conference 27 March 2018 1 Forward-Looking Statements Statements contained in this investor presentation that are not historical facts are forward-looking statements within the
More informationSOLSTAD OFFSHORE ASA
SOLSTAD OFFSHORE ASA SOLSTAD OFFSHORE ASA 1Q 2012 1. Solstad Offshore in brief 2. Highlights YTD 3. Financials 4. Vessels and markets 5. Outlook SOLSTAD OFFSHORE IN BRIEF Founded in 1964. Head-office in
More informationPreferred partner. Aker Solutions. Nordic Energy Summit 2013, 21 March Leif Borge CFO
Aker Solutions Nordic Energy Summit 213, 21 March Leif Borge CFO 212 Aker Solutions Slide 1 This is Aker Solutions Employees: 19 5 Contract staff: 5 5 Revenues: 45 bn EBITDA: 4.7 bn Market Cap: 32. bn
More informationThe P&J Platform. For further information regarding our advertising packages contact the P&J Energy Team on:
Media Pack The P&J Platform Energy is an award-winning supplement featured within the P&J, offering unrivalled independent coverage of the UK and the international energy industry Published on the first
More informationSeptember 12,
September 12, 2013 www.deepwater.com The statements described in this presentation that are not historical facts are forward looking statements within the meaning of Section 27A of the Securities Act of
More informationKEY QUESTIONS FOR UPSTREAM IN 2014 AND BEYOND
Information Analytics Expertise APRIL 2014 KEY QUESTIONS FOR UPSTREAM IN 2014 AND BEYOND Global Upstream Investment Outlook Dylan Mair, Senior Director, Head of Upstream Asia-Pacific +65 9834 5531 Dylan.Mair@ihs.com
More informationInvestor Presentation. April 2018
Investor Presentation April 208 Forward-Looking Statements Statements contained in this investor presentation that are not historical facts are forward-looking statements within the meaning of Section
More informationJeffrey L. Chastain Vice President Investor Relations and Corporate Communications
Jeffrey L. Chastain Vice President Investor Relations and Corporate Communications Jefferies Global Energy Conference Houston, Texas November, 204 2 Forward Looking Statement This presentation contains
More information2Q 2017 Results. 11 Aug 2017 MERMAID MARITIME PUBLIC COMPANY LIMITED
MERMAID MARITIME PUBLIC COMPANY LIMITED 2Q 2017 Results 11 Aug 2017 1 Disclaimer: The information contained in this document is intended only for use during the presentation and should not be disseminated
More informationInvestor Presentation. October 2018
Investor Presentation October 208 Forward-Looking Statements Statements contained in this investor presentation that are not historical facts are forward-looking statements within the meaning of Section
More informationOffshore Australasia Oil & Gas Market Report to 2017
Offshore Australasia Oil & Gas Market Report to 2017 Infield Systems has just released the latest edition of its Offshore Australasia Oil and Gas Market Report To 2017. This latest report provides a detailed
More informationRod Larson President, Latin America. Houston, Texas March 9-10, 2011
Rod Larson President, Latin America Houston, Texas March 9-10, 2011 Jan-10 Feb-10 Mar-10 Apr-10 May-10 Jun-10 Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Dec-10 Jan-11 Feb-11 Gulf of Mexico: Post-Macondo Slowdown
More informationQ Presentation. DOF Subsea Group
Q4 2015 Presentation DOF Subsea Group DOF Subsea Group DOF Subsea Group In brief Fleet One of the largest subsea vessel owners in the world Owns and operates a fleet of 21 vessels, plus 4 newbuilds on
More informationInvestor Presentation. July 2016
Investor Presentation July 2016 1 Forward-Looking Statements Statements contained in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of
More informationPresenter: John T. Gremp President and Chief Operating Officer. February 2011
Presenter: John T. Gremp President and Chief Operating Officer February 2011 Director, Investor Relations Robert K. Cherry +1 281 591 4560 rob.cherry@fmcti.com These slides and the accompanying presentation
More informationThe New Energy at Global Industries
34 th Annual Marine/Offshore Industry Outlook Conference Offshore Construction Jim Osborn Chief Marketing Officer Global Industries 24 March 2011 1 The New Energy at Global Industries 2500 people 11 offices
More informationPareto Oil & Offshore Conference August 2011 Tong Chong Heong Chief Executive Officer
Pareto Oil & Offshore Conference 2011 31 August 2011 Tong Chong Heong Chief Executive Officer About Keppel Group Offshore & Marine Infrastructure Property Rig building Offshore conversion Shiprepair Specialised
More informationIntelligent, Rapid Discovery of Audio, Video and Text Documents for Legal Teams
Solution Brief Intelligent, Rapid Discovery of Audio, Video and Text Documents for Legal Teams Discover More, Satisfy Production Requests and Minimize the Risk of ediscovery Sanctions with Veritone aiware
More information36 th Annual Marine Technology Society Outlook Conference
36 th Annual Marine Technology Society Outlook Conference 2013-2015 2015 Outlook for Major Segments of the INDUSTRY International OUTLOOK Offshore Industry Steve Roll, Vice President & General Manager
More informationSite Surveys for Offshore Windfarms: How to Spend your Money Wisely in an Age of Austerity
Site Surveys for Offshore Windfarms: How to Spend your Money Wisely in an Age of Austerity Richard Orren, Global Technical Head, Director Mark Finch, Geotechnical Director Senergy Survey and GeoEngineering
More informationThe use of an integrated contract model (iepci) for Subsea developments
NH GRAND HOTEL KRASNAPOLSKY AMSTERDAM 3-5 APRIL 2017 The use of an integrated contract model (iepci) for Subsea developments Tim Crome 1991 1993 1995 1997 1999 2001 2003 2005 2007 2009 2011 MCE Deepwater
More informationSwiber Holdings Limited 1Q FY08 Results Briefing
Swiber Holdings Limited 1Q FY08 Results Briefing 15 May 2008 Page 1 Financial Highlights 1Q 2008 Page 2 Key highlights a record quarter Revenue (US$ m) Net Profit (US$ m) 160 1Q Y-O-Y: 266.9% 1Q Y-O-Y:
More informationDNB s oil and offshore conference. Idar Eikrem, CFO
DNB s oil and offshore conference Idar Eikrem, CFO Well positioned for future market opportunities 1) Leading contractor within proven track record 2) Competitive position strengthened a) Delivering projects
More informationQuarterly presentation Q DOF Subsea Group
Quarterly presentation Q1 2016 DOF Subsea Group DOF Subsea Group DOF Subsea Group in brief Fleet One of the largest subsea vessel owners in the world Owns and operates a fleet of 21 vessels, plus 4 newbuilds
More informationMarvin J. Migura Sr. Vice President & CFO Oceaneering International, Inc.
2009 Energy, Utilities & Power Conference May 27, 2009 Marvin J. Migura Sr. Vice President & CFO Oceaneering International, Inc. Safe Harbor Statement Statements we make in this presentation that express
More informationQUARTERLY UPDATE. Summary
QUARTERLY UPDATE Q2 FY14 Summary Production levels returning to higher rates Higher production output anticipated for 2H FY14 to support compressed delivery times Current order book increased to US$88m
More informationDNB's 9th Annual Oil, Offshore & Shipping Conference Kristian Siem Chairman Subsea 7
DNB's 9th Annual Oil, Offshore & Shipping Conference Kristian Siem Chairman Subsea 7 1 Forward-looking statements Certain statements made in this announcement may include forward-looking statements. These
More informationAstrup Fearnley Shipping & Offshore Conference. 10 January 2019
Astrup Fearnley Shipping & Offshore Conference 0 January 209 Forward-Looking Statements Statements contained in this investor presentation that are not historical facts are forward-looking statements within
More informationBOURBON Investor Presentation May 2014 BUILDING TOGETHER A SEA OF TRUST
BOURBON Investor Presentation BUILDING TOGETHER A SEA OF TRUST DISCLAIMER This document may contain information other than historical information, which constitutes estimated, provisional data concerning
More informationEmergency Pipeline Repair Systems; A Global Overview of Best Practice
Emergency Pipeline Repair Systems; A Global Overview of Best Practice Brief Introduction to EPRS EPRS: Key Challenges Worldwide EPRS: Global Approaches to These Challenges Best Practice Comparison James
More informationExcellence in Deepwater through Innovation Paul H. Hillegeist President & COO Quest Offshore Resources, Inc.
Excellence in Deepwater through Innovation Paul H. Hillegeist President & COO Quest Offshore Resources, Inc. Paul.Hillegeist@questoffshore.com Image courtesy of: EMAS AMC 1 Table of Contents A Few Examples
More informationScotia Howard Weil Energy Conference. 26 March 2019
Scotia Howard Weil Energy Conference March 09 Forward-Looking Statements Statements contained in this investor presentation that are not historical facts are forward-looking statements within the meaning
More informationGlobal and China Marine (Offshore) Engineering Industry Report, Dec. 2011
Global and China Marine (Offshore) Engineering Industry Report, 2011 Dec. 2011 STUDY GOAL AND OBJECTIVES This report provides the industry executives with strategically significant competitor information,
More informationBRAZIL ENERGY AND POWER CONFERENCE. Americo Oliveira McDermott Brazil General Manager September 20, 2015
BRAZIL ENERGY AND POWER CONFERENCE Americo Oliveira McDermott Brazil General Manager September 20, 2015 Forward-Looking Statement In accordance with the Safe Harbor provisions of the Private Securities
More informationGlobal and China Offshore Rig Industry Report, Dec. 2011
Global and China Offshore Rig Industry Report, 2011 Dec. 2011 STUDY GOAL AND OBJECTIVES This report provides the industry executives with strategically significant competitor information, analysis, and
More informationRod Larson President & CEO
Connecting What s Needed with What s Next Rod Larson President & CEO J.P. Morgan Energy Equity Conference June 27, 2017 New York, NY Forward-Looking Statements Statements we make in this presentation that
More informationOffshore Support Vessels Located in the US Gulf of Mexico in March 2018
Offshore Support Vessels Located in the US Gulf of Mexico in March 18 IMCA March 1, 18 Prepared by IMCA The International Marine Contractors Association (IMCA) is the international trade association representing
More informationQ Q Q Q Q % % 46.8% 61.0% 35.6% 57.5% 52.1% 60.5% 44.6% 63.3% 15,267 15,081 15,260 15,265 16,299
Press release Paris, May 4, 2017 BOURBON 1 st quarter 2017 financial information Adjusted revenues amounted to 225.5 million ( 204.9 million in consolidated revenues) in the 1 st quarter of 2017, down
More informationInvestor Presentation
Connecting What s Needed with What s Next Investor Presentation September 2017 Forward-Looking Statements Statements we make in this presentation that express a belief, expectation, or intention are forward
More informationDoug Dunn ASML President and Chief Executive Officer Deutsche Bank Conference London, England September 19, / Slide 1
Doug Dunn ASML President and Chief Executive Officer Deutsche Bank Conference London, England September 19, 2003 / Slide 1 Safe Harbor Safe Harbor Statement under the U.S. Private Securities Litigation
More informationClick to edit Master title style
Lessons Learnt: UKCS Oil and Gas Click to edit Master title style Projects 2011-2016 Jan Manoharan Asset Stewardship Lead, NNS/WoS May 2018 Click to edit Master subtitle style OGA 2018 This presentation
More informationGood resistance for the revenues of BOURBON in a market still with significant decline in activity, but with an oil price that is recovering
Press release Paris, May 4, 2016 BOURBON 1 st 2016 Financial information In the 1 st quarter 2016, BOURBON adjusted revenues reached 314.5 million (-5.9% compared with 4 th quarter 2015), illustrating
More information2016 Quest Offshore Resources Inc.
1 Forward-Looking Statements Statements in this presentation regarding Quest Offshore Resources or its management's intentions, beliefs or expectations, or that otherwise speak to future events, are "forward-looking
More informationTRANSOCEAN LTD. PROVIDES FLEET STATUS REPORT
Transocean Ltd. Investor Relations and Corporate Communications Analyst Contacts: Thad Vayda +1 713-232-7551 Diane Vento +1 713-232-8015 News Release Media Contact: Pam Easton FOR RELEASE: January 15,
More informationAs anticipated, the offshore oil and gas marine services market is hitting a low point in the second half of 2016.
Press release BOURBON Financial information Q3 and 2016 Paris, November 3, 2016 Adjusted revenues for the first amounted to 858.2 million, down 22.2%; 3 rd quarter adjusted revenues were down 9% compared
More informationAnalyst Day Real change starts here. Doug Pferdehirt, Chief Executive Officer
2017 Real change starts here Doug Pferdehirt, Chief Executive Officer Disclaimer Forward-looking statements We would like to caution you with respect to any forward-looking statements made in this commentary
More informationQ1 Financial Presentation 2018 DOF ASA
Q1 Financial Presentation 2018 DOF ASA Highlights Group 2 Highlights EBITDA Q1 MNOK 520 (excl hedge accounting) Average utilisation Group fleet 72% in Q1 Improved markets and signs of higher activity in
More informationGC RIEBER SHIPPING ASA. /FOURTH QUARTER 2012 PRESENTATION Fourth quarter 2012 Bergen, 22 February Bergen, 25 February 2013
/FOURTH QUARTER 2012 PRESENTATION Fourth quarter 2012 Bergen, 22 February 2013 Bergen, 25 February 2013 Agenda Highlights Q4 2012 Operational review Financial review Summary Outlook / 2 Highlights Fourth
More informationQuarterly Presentation Q DOF Subsea Group
Quarterly Presentation Q1 2018 Group Group at a glance 2005 established NOK 1.1bn 1) Revenues Q1 18 NOK 15.3bn Firm backlog Q1 18 1 108 2) Subsea employees worldwide Q1 18 Integrated Supplier of subsea
More informationKONGSBERG OIL & GAS TECHNOLOGIES. Egil Haugsdal, President
KONGSBERG OIL & GAS TECHNOLOGIES Egil Haugsdal, President DISCLAIMER This presentation contains certain forward-looking information and statements. Such forward-looking information and statements are based
More informationMarvin J. Migura. Oceaneering International, Inc. Executive Vice President. September 30, 2014 New Orleans, LA. Safe Harbor Statement
September 30, 2014 New Orleans, LA Marvin J. Migura Executive Vice President Oceaneering International, Inc. Safe Harbor Statement Statements we make in this presentation that express a belief, expectation,
More informationDeepwater riserless (RLWI) enablers for increased oil recovery. Bringing shallow water experience to deepwater.
Deepwater riserless (RLWI) enablers for increased oil recovery. Bringing shallow water experience to deepwater. Well Intervention Services Deepwater RLWI success criteria RLWI history Technology Focus
More informationS PECIAL MARINE EDITION
Hercules Drilling s Rig 30 is currently working in the Gulf of Mexico for Helis. A confluence of dynamics over the past few years has left it as one of only about 90 jackup units remaining in the GOM.
More informationTitle of Presentation. Presenter s Name Date of Presentation
Title of Presentation Presenter s Name Date of Presentation Offshore Oil Production: Early Innovations 1947: Kerr-McGee goes offshore beyond piers and begins era of offshore oil and gas. Prior Ocean Energy
More informationB O U R B O N - R o a d s h o w A p r i l
BOURBON - Roadshow A p r i l 2 0 1 4 BUILDING TOGETHER A SEA OF TRUST DISCLAIMER This document may contain information other than historical information, which constitutes estimated, provisional data concerning
More informationThe P&J Platform. For further information regarding our advertising packages contact the P&J Energy Team on:
Media Pack The P&J Platform Energy is an award-winning supplement featured within the P&J, offering unrivalled independent coverage of the UK and the international energy industry Published on the first
More informationNATIONAL INSTITUTE OF ECONOMIC AND SOCIAL RESEARCH ESTIMATES OF MONTHLY GDP. Embargo until hours on 11 th January 2013
NATIONAL INSTITUTE OF ECONOMIC AND SOCIAL RESEARCH ESTIMATES OF MONTHLY GDP Embargo until 15.00 hours on 11 th January 2013 Our monthly estimates of GDP suggest that output declined by 0.3 per cent in
More informationM. Kevin McEvoy. Oceaneering International, Inc. President & CEO. December 2, 2014 New York, NY. Safe Harbor Statement
December 2, 2014 New York, NY M. Kevin McEvoy President & CEO Oceaneering International, Inc. Safe Harbor Statement Statements we make in this presentation that express a belief, expectation, or intention
More informationSubsea 7 Norway. Monica Th. Bjørkmann Sales and Marketing Director
Subsea 7 Norway 28.06.2012 Monica Th. Bjørkmann Sales and Marketing Director Agenda Subsea 7 Norway What We Do Our Assets Market Going Forward Closing 27-Jun- 12 Page 2 Our new beginning A combination
More informationCapital One Securities, Inc.
Capital One Securities, Inc. 10 th Annual Energy Conference December 9, 2015 New Orleans, LA Alan R. Curtis SVP and Chief Financial Officer Oceaneering International, Inc. Safe Harbor Statement Statements
More informationM. Kevin McEvoy. Oceaneering International, Inc. Chief Executive Officer 2015 GLOBAL ENERGY AND POWER EXECUTIVE CONFERENCE JUNE 2, 2015 NEW YORK, NY
2015 GLOBAL ENERGY AND POWER EXECUTIVE CONFERENCE JUNE 2, 2015 NEW YORK, NY M. Kevin McEvoy Chief Executive Officer Oceaneering International, Inc. Safe Harbor Statement Statements we make in this presentation
More informationFMC Technologies Overview Third Quarter Supervisor, Investor Relations James Davis
FMC Technologies Overview Third Quarter 2015 Supervisor, Investor Relations James Davis +1 281.260.3665 james.davis@fmcti.com This presentation contains forward-looking statements intended to qualify for
More informationThe Offshore Driller of Choice
The Offshore Driller of Choice 1 of 8 As the offshore driller of choice, we will go beyond what is expected to achieve a safe zero-incident workplace and to be the clear choice among employees, customers
More informationAdjusted revenues for the 3 rd quarter recorded a slight rise of 2.6% compared to the previous quarter (consolidated revenues up 4.
Press release BOURBON Financial information 3 rd quarter and 2018 Marseilles, November 8, 2018 Adjusted revenues for the 3 rd quarter recorded a slight rise of 2.6% compared to the previous quarter (consolidated
More informationMicroequities 10th Microcap Conference
Microequities 10th Microcap Conference MATRIX COMPOSITES & ENGINEERING Aaron Begley Chief Executive Officer 5 July 2016 Agenda Company overview Business operations Strategy & outlook 2 What we do Matrix
More informationContents of the Presentation
Offshore Market Outlook Contents of the Presentation I. What is Offshore Business II. Offshore Market Outlook III. Deltamarin Offshore Services What is Offshore Business Offshore is all activities done
More informationGlobal Jackup Rig Market
Global Jackup Rig Market ----------------------------------------- 2015 Executive Summary Jackup rigs are deployed in all major offshore production basins but are particularly numerous in the Middle East,
More informationChina Shipbuilding Industry s Offshore Business & Views on Shipbuilding VS. Offshore
China Shipbuilding Industry s Offshore Business & Views on Shipbuilding VS. Offshore - from a Shipbuilder s View - ZHANG Yonghui China Institute of Marine Technology and Economy OECD Council Working Party
More information