Murray & Roberts — Investor Day (June 2022)
23 slides from Murray & Roberts's investor day presentation, Jun 22, 2022
Slide 1: Energy, Resources & Infrastructure Platform Presentation
ENERGY, RESOURCES & INFRASTRUCTURE PLATFORM PRESENTATION INVESTOR DAY P. BENNETT 22 JUNE 2022
Slide 2: Presentation Overview
PRESENTATION OVERVIEW Peter Bennett Business Overview Strategy Current Projects Key Risks Presentation Takeaways 2
Slide 3: Business Overview
BUSINESS OVERVIEW SNOWY HYDRO SCHEME – NEW SOUTH WALES, AUSTRALIA 3
Slide 4: Background
BACKGROUND Towards the end of 2019 we started to see the results emerge from all the hard work and the difficult decisions that we’ve had to take to shift the business into a diversified future. We’ve got the strategy right and we moved forward into a new phase of growth delivering the strongest ord
Slide 5: Clough Today
CLOUGH TODAY Clough is an engineering and construction company that provides sustainable high performing assets to the energy, resources and infrastructure industry. While our core capability remains unchanged going forward, our services will look, feel, and act with a strong focus on our environmen
Slide 6: Clough's Group of Companies
CLOUGH’S GROUP OF COMPANIES 6
Slide 7: Platform Update
PLATFORM UPDATE HIGHLIGHTS LOWLIGHTS Diversification: Successful geographic Performance: Inconsistent project and market diversification performance Orderbook: +AU$3Bn - continued strong Timing: Projects not progressing ahead as order book with a potential to exceed $4Bn forecasted this FY COVID-19:
Slide 8: Strategy
STRATEGY PROJECT TRAVELLER (NEXT WAVE) – HOUSTON, UNITED STATES 8
Slide 9: Our Strategy
Murray OUR STRATEGY & Roberts Strategic zy Priorities jecti Purpose Imperative Objectives Maintain Oil & Gas EPC Maintain Core Capability Selective approach to resources, water and defence projects Grow and Maintain project management and engineering capability Harness our maintain people’s competit
Slide 10: Objectives by Business Unit
OBJECTIVES BY BUSINESS UNIT NORTH UNITED AMERICA APAC KINGDOM 2022-23 Focus: 2022-23 Focus: 2022-23 Focus: Regional diversification with EPC Diversify into markets that are Create healthy finances focus by building regional EPC, growing and investing such as Maintain core capability targetin
Slide 11: Current Projects
CURRENT PROJECTS TARGET ZERO 11
Slide 12: Project Traveler
PROJECT TRAVELER Client: Next Wave Value: US$632 million Pasadena (East Houston), Texas, United States 0.00 0.12 614 38% 1,869,753 LITFR TRIFR DAYS IN FIELD COMPLETE WORK HOURS COMPLETED
Slide 13: EnergyConnect
Client: Transgrid ENERGYCONNECT Value: AUS$1.5 billion / 50/50 JV with Elecnor NSW, Australia 1ST PROJECT CONNECTING SOUTH AUSTRALIA, NEW SOUTH WALES AND VICTORIA CURRENT AND FUTURE RENEWABLE ENERGY ZONES TO THE GRID 0.00 0.00 257 5.7% 254,100 LITFR TRIFR DAYS IN FIELD COMPLETE WORK HOURS COMPLETED
Slide 14: Tallawarra Power Station
TALLAWARRA POWER STATION Client: Energy Australia Value: AUS$210 million NSW, Australia AUSTRALIA’S 1st NET ZERO EMISSIONS HYDROGEN AND GAS CAPABLE POWER PLANT 0.00 0.00 161 21.1% 118,200 LITFR TRIFR DAYS IN FIELD COMPLETE WORK HOURS COMPLETED
Slide 15: Snowy 2.0
Client: Snowy Hydro Ltd SNOWY 2.0 Value: AUS$5.4 billion / JV with Webuild and Lane NSW, Australia AUSTRALIA’S LARGEST RENEWABLE ENERGY PROJECT 1 7.98 1,125 38% 4,777,984 LITFR TRIFR DAYS IN FIELD COMPLETE WORK HOURS COMPLETED
Slide 16: Lombrum Infrastructure
Client: Department of Defence LOMBRUM INFRASTRUCTURE Value: AUS$218 million Manus Island, Papua New Guinea 0.00 3.68 285 28.7% 337,600 LITFR TRIFR DAYS IN FIELD COMPLETE WORK HOURS COMPLETED
Slide 17: Waitsia Gas Project Stage 2
Client: Mitsui (MEPAU) WAITSIA GAS PROJECT STAGE 2 Value: AUS$416 million Dongara, Western Australia 0.00 3.27 278 58.1% 416.5 LITFR TRIFR DAYS IN FIELD COMPLETE WORK HOURS COMPLETED
Slide 18: Stephenson Ave Extension
Client: Main Roads WA STEPHENSON AV EXTENSION Value: AUS$191 million 50/50 JV with Acciona North of Perth CBD, Western Australia 0.00 0.00 166 8% 62,581 LITFR TRIFR DAYS IN FIELD COMPLETE WORK HOURS COMPLETED
Slide 19: Oyu Tolgoi 6B Shaft Sinking 3 & 4
Client: Oyu Tolgoi LLC OYU TOLGOI 6B SHAFT SINKING 3 & 4 Value: AUS$324 million Gobi Desert Mongolia 1,410 69% 3,957,905 DAYS IN FIELD COMPLETE WORK HOURS COMPLETED
Slide 20: Perdaman Urea Plant
PERDAMAN UREA PLANT Client: Perdaman Value: US$2.7 billion / JV with Saipem Burrup Peninsula, Western Australia 0.00 0.00 0 0% 0 LITFR TRIFR DAYS IN FIELD COMPLETE WORK HOURS COMPLETED
Slide 21: Key Risks
KEY RISKS • Bonding Facilities • Inconsistent Execution • North America Diversification • Project Resourcing 21
Slide 22: Presentation Takeaways
PRESENTATION TAKEAWAYS • Maintain core capability with selective approach • Target growth markets to support energy transition, asset services and complex transport • Diversify revenue streams to reduce cyclical nature of projects • Excellence in project delivery to deliver safe, sustainable and pro
Slide 23: Energy, Resources & Infrastructure Platform Presentation
ENERGY, RESOURCES & INFRASTRUCTURE PLATFORM PRESENTATION INVESTOR DAY P. BENNETT 22 JUNE 2022 This presentation is available on www.murrob.com EXCELLENCE