Regional Update Technip Africa
Maryan Lebel – Business Development Manager
IMCA – Paris La Defense, 3rd March 2016
Technip Africa Operations_ IMCA _ March 2016 Do Not Disclose to 3rd Party1
Technip: World Leader Bringing Innovative Solutions to the Energy Industry
* Adusted operating income from recurring activities after Income/(Loss) of Equity Affiliates
A world leader in project management, engineering and construction for oil & gas , chemicals and energy companies
Services provided to clients in segments: Onshore/Offshore and Subsea
~34,400 people in 45 countries
2015 Adjusted Revenue: €12 billion: Adjusted OIFRA(*): €802 million
2 Technip Africa Operations_ IMCA _ March 2016 Do Not Disclose to 3rd Party
(1) Former Duco* Technip-DeepOcean Pipeline Repair System JV
Evanton
Orkanger
Flexibras:Vitória
Flexibras:Açu
Macaé
Port of Angra
Pori
Asiaflex Products:Tanjung Langsat Batam
Flexi France: Le Trait
Perth
Angoflex: Lobito
Dande
Technip Umbilicals(1) Inc:Houston
Mobile
Houston
Kuala Lumpur
Rome
London
4 Flexible Pipe Plants
4 Umbilicals Plants
4 Spoolbases
1 Construction Yard
3 Logistic Bases
Regional Headquarters
Operating Centers
Technip Umbilicals(1) Ltd: Newcastle
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Calgary
Claremont
WeymouthBoston
Port-Of-SpainCaracas
Bogota
Ciudad del CarmenMexico City
Accra Lagos
LisbonBarcelona
Warsaw
St. Petersburg
Moscow
AntwerpLyon
Cairo
Athens
New Delhi
Mumbai
Chennai
Abu DhabiAl-Khobar
Doha
Kuwait
Seoul
Shanghai
Jakarta
Balikpapan
BangkokRayong
Ho Chi Minh City
St. John’s
Singapore
Milton KeynesAberdeen Oslo
Rio de Janeiro
MarseilleParis Frankfurt
Zoetermeer Düsseldorf
Luanda
Global Business with Unique Worldwide Footprint
Technip Africa Operations_ IMCA _ March 2016 Do Not Disclose to 3rd Party
Haugesund*Stavanger
MaputoJohannesburg
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Very Broad Execution Capabilities in Subsea
Technip Africa Operations_ IMCA _ March 2016 Do Not Disclose to 3rd Party
Umbilicals(Power & control)
Electrically Trace Heated Pipe-in-pipe
In-line Monitoring Technologies
Integrated Production Bundle
5
Agnostic Solutions
Proprietary Technologies
Integrating Technip subsea proprietary technologies and
offshore platform know-how with third party processing equipment to
provide innovative development
Providing independent architecture development and component selection
Improving equipment and installation converge in subsea architecture
Vendor Based Solutions
Broader Integrated Solutions from the Conceptual Stage
Technip Africa Operations_ IMCA _ March 2016 Do Not Disclose to 3rd Party
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High Performing Fleet (1) Per Type of Vessel
Technip Africa Operations_ IMCA _ March 2016 Do Not Disclose to 3rd Party
Deep ArcticWellservicerOreliaSkandi AchieverOlympic Challenger
(1) As of December 31, 2015 - fleet of 19 vessels excluding 5 under construction: 4 PLSVs in Brazil, Deep Explorer (DSV) (2) Photo by Bjørn Ottosen, courtesy of North Sea Shipping
Wholly-owned/controlled LeasedJointly-owned
S-Lay Heavy Lift Global 1200
Global 1201
Diving Multi Support Vessel
5 vessels
Flexible Lay &
Construction
Deep OrientDeep PioneerNorth Sea AtlanticNorth Sea Giant Skandi AfricaCoral Do AtlanticoEstrela Do MarSkandi NiteroiSkandi Vitoria
(2)
Rigid ReelLay & J-Lay
Apache IIDeep BlueDeep Energy3 vessels2 vessels
9 vessels
Operational Focus in Africa
Africa: Expanding Footprint
Technip Africa Operations_ IMCA _ March 2016 Do Not Disclose to 3rd Party8
GiRI Phase 1 and Phase 2, AngolaMoho Nord, CongoTEN, GhanaBlock 15/06 West Hub, AngolaKaombo, Angola
Ongoing Projects
Engineering & project management centersSpoolbase: Dande, AngolaUmbilical manufacturing plant: Angoflex, Angola
~ 1,000 people1st office founded in 1995Strong national contentUltra-deep water projects requiring technical innovation
Technip in AfricaAssets & Activities
Operating centers
Spoolbase
Manufacturing plant (umbilicals)
Permanent offices
Angola - Dande Spoolbase OverviewA major asset for Africa operations
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600 m long jettyUp to 12 m draft
Overall length of 4.5 km
Area of 780,000 m2 in total
Technip Africa Operations_ IMCA _ March 2016 Do Not Disclose to 3rd Party
Client: ENI Scope: large EPCI & supply for flexiblesand rigid at water depths up to 1,400 meters High national content with local manufacturingInstallation campaign ongoing with Technipvessels
Vertically Integrated Offering: West Africa Subsea Projects
Client: Total and SonangolScope: major EPCI & supply for rigid and flexibles at water depths up to 2,000 meters First major award won through the Heerema allianceHigh national content with local manufacturing: umbilicals supply scope won by Technip
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Block 15/06, Angola
Kaombo, Angola
Client: Total Scope: major EPCI & supply for rigid, flexibles and umbilicals at water depths up to 1,100 metersVertical integration enhancedS-lay and heavy lift capabilities using the G1200 vessel
Moho Nord, Congo
Client: TullowScope: major EPCI for rigid, flexibles and umbilicals at water depths up to 2,000 meters Reinforcing local presence in GhanaStrong know-how and technological innovation for ultra-deepwater
T.E.N., Ghana
Client: TotalScope: flexible and umbilicals supplyHigh technology and large diameter pipes manufacturing
Egina, Nigeria
Technip Africa Operations_ IMCA _ March 2016 Do Not Disclose to 3rd Party
Technip Main Fleet for Key African Projects
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Congo - Total – Moho NordGhana – Tullow - TEN
Angola – ENI – BL15/06 West Hub
AEGIR
Angola – Total – Kaombo (JV with HMC)
Technip Africa Operations_ IMCA _ March 2016 Do Not Disclose to 3rd Party11
2016 - A extremely busy year for operations
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EAST AFRICA: Mozambique / Tanzania:
Ultra deepwater projects for gas fieldsMozambique: Key clients ENI and AnadarkoTanzania: Focus on LNG future developmentsKenya: ENI, Anadarko, BG, Apache, Sunbird, Tullow (onshore)
WEST AFRICA: Angola: Major DW / UDW oil discoveries face challenging economics
Angolan fields face challenging economics at current oil priceKey Clients: BP, Total, Maersk, ChevronNOC: Sonangol
Ghana: Oil & Gas DW / UDW medium size discoveriesMiddle/large projects (Brown/Green Fields)Key Clients: Hess, Kosmos, ENI
Congo / Gabon:Brownfield prospects Longer term market
Nigeria: IPB, local content issues and oil price market slowing down activities.
Large FPSO developments currently delayedMature province with multiple fields
Others (Cote d’Ivoire, E.G., Mauritania, Senegal): A number of new discoveries with mostly appraisal drilling in 2016
Market conditions likely to remain difficult in the coming period
African Market Overview
Maputo
Technip Africa Operations_ IMCA _ March 2016 Do Not Disclose to 3rd Party
Technip Prepared to Meet the Futures Challenges
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Build the future 3. R&D to drive technological innovations that
increase efficiency and reduce development costs
4. LOF reducing inbuilt conservatism & enhancing production
5. Align and reduce company spec requirements as well as allowing more standardization
Adapt to resist
1. Internal cost discipline
2. Improve our performance
Reorganization. Fleet optimization
One Manufacturing and One Welding
Subsea proprietary technologies: ETH PiP, IRIS
Forsys Subsea Life of Field
Forsys Subsea & Technip engineering teams
IRIS ETHPiP
Technip Africa Operations_ IMCA _ March 2016 Do Not Disclose to 3rd Party
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Operating centers
Spoolbase
Manufacturing plant (umbilicals)
Permanent offices
Conclusions
African market remains challenging in the short term at current oil price
Significant reserves in place, however timing is major question. Clients tending to favour tie-ing back to existing infrastructure as opposed to stand alone, large scale developments
Technip currently executing some of the biggest projects in Africa
Moho Nord in Congo- Brazaville
TEN in Ghana
KAOMBO in Angola
Significant operations in Africa during 2016/17Technip have a strong footprint in Africa with commitment towards local communities and the environment
Technip prepared to meet the futures challenges
Technip Africa Operations_ IMCA _ March 2016 Do Not Disclose to 3rd Party
Thank you