Prosafe Se · OSL:PRS
Prosafe — Investor Day (2006)
12 slides from Prosafe's investor day presentation, Nov 21, 2006
Slide 1: Performance and growth
Performance and growth Arne Austreid, President and CEO Capital Markets Day 2006 1
Slide 2: Disclaimer
Disclaimer All statements in this presentation other than statements of historical facts are forward-looking statements, which are subject to a number of risks, uncertainties, and assumptions that are difficult to predict and are based upon assumptions as to future events that may not prove accurate
Slide 3: Acquisition of Petrojarl shares
Acquisition of Petrojarl shares § Prosafe has entered into agreements with selected Petrojarl ASA shareholders for the acquisition of 22 178 593 Petrojarl ASA shares, representing approx. 29.57 per cent of the shares of Petrojarl § The acquisition price per Petrojarl share is NOK 50. The acquisition
Slide 4: Rooted in our vision
Rooted in our vision Prosafe shall be a leading and innovative provider of technology and services within selected niches of the global oil and gas industry § acquired Nortrans in 2001 § sold Drilling Services in 2005 § acquired Consafe in 2006 4
Slide 5: Always based on our core values
Always based on our core values Profitability Respect Innovation Safety Ambition Focus Environment 5
Slide 6: Prosafe's fleet
Prosafe’s fleet FPSOs DP rigs Anchored Jack up FSOs 6
Slide 7: Business divisions - synergies
Business divisions - synergies § Investment capacity § Business development and marketing § FPSO market – GoM presence § Mooring technology § Marine competence 7
Slide 8: Profitable development
Profitable development 1997 Today Business divisions Drilling Services Offshore Support Services and Floating Production Operations Norway only major oil and gas provinces worldwide Market capitalisation NOK 0.8 billion NOK 16.7 billion 8
Slide 9: Strong international growth
Strong international growth Brazil - Polvo New Zealand - Tui West Africa Russia - Sakhalin SE Asia US GoM - Mars 9
Slide 10: A global oil service company
A global oil service company North Sea Norway Houston India GoM Singapore Indonesia CONSA – Rigs FPSO/FSO operations west Africa Future FPSO operation Brasil New Zealand Rigs Offices 10
Slide 11: Exciting FPSO market development
Exciting FPSO market development Number of floater orders Oil price (Brent) Orders for floaters USD / barrel 50 80.00 45 70.00 40 60.00 35 50.00 30 25 40.00 20 30.00 15 20.00 10 10.00 5 0 0.00 1997 1998 1999 2000 2001 2002 2003 2004 2005 July 20061) 1) 45 floater projects in the bidding/final design
Slide 12: Further agenda
Further agenda § Delivering shareholder value § Strategy for growth § Offshore Support Services - Expanding to new regions § Floating Production - Ambitions and competitive advantages 12