KONGSBERG Maritime

Transcription

1 KONGSBERG Maritime Jon Holvik Vice President Kongsberg Maritime Inc The 3 rd Norwegian Finance Day, Houston February 27, 2013 Movie - History

2 AGENDA Kongsberg Gruppen Kongsberg Maritime Our markets - Drilling Full Picture Brief Market Outook Drilling EKSPORTKREDITT and GIEK Kongsberg looking ahead Page 2

3 We have solutions from the depths of the ocean to the outer space Advanced solutions for maritime, oil & gas, defence and aerospace. - Extreme Performance for Extreme Conditions - Page 3 27/02/2013

4 KONGSBERG an international leader in technology in all areas we operate in In Operation since 1814 More than 7000 co-workers Operating revenue ca 15.6 bnok 82% from outside of Norway 10% of revenue is put into R&D Operating in more than 25 countries Proud traditions and a unique company culture Page 5 27/02/2013

5 Page Kongsberg Defence Systems Command and control systems, surveillance, communication, missiles and space 21 offices in 13 countries About 1600 employees MNOK 3895 (2011) NSM Extreme advanced, stealth missile Strong international position in select niche areas

6 Kongsberg Protech Systems PROTECTOR - RWS Medium Caliber 8 offices in 4 countries About 800 Employees MNOK 4185 (2011) Remote Control Systems for soldiers protection Main supplier to US Army Solution selected by 17 (friendly) countries Page

7 Kongsberg Oil & Gas Technologies Drilling Subsea - Production 12 offices in 6 countries About 300 employees Decision support for drilling operations, production and subsea Central solutions: - Capstan Reel Installation System (CRIS) Integrated Environmental Monitoring (IEM) Page

8 Kongsberg Maritime Offshore Merchant Subsea 51 offices in 17 countries About 4200 employees About MNOK 8000 (2012) Onboard ca. 20,000 ships Dynamic Positioning, Navigation, Automation, Simulation, Sound in water technology Page

9 Being global acting local A robust and growing international, life-cycle business system Demographical data Norway Korea 222 China 553 Singapore 193 USA 300 UK 200 Brazil 75 Canada 75 Germany 27 Italy 10 Malaysia 8 Holland 34 Greece 16 India 80 UAE 40 Approx 20,000 ships world wide operation with Kongsberg systems Page 13 Mexico 10 Russia 20 Spain 30 Poland 75 KM Total 4.106

10 Business segments INTERNATIONAL SALES AND MARKETING Offshore Exploration Field development Production Merchant Marine Transportation Subsea Exploration Field development Fishery LIFE CYCLE SUPPORT & TRAINING SIMULATION Page 14 WORLD CLASS through people, technology and dedication

11 Our markets The high-end offshore market - Drilling Page 15

12 No. of rigs Nearly all modern floating rigs have Dynamic Positioning 140 Floating rig fleet by age and DP system DP2+ Non DP Year in service Source: IHS / Kongsberg Maritime Page 16

13 Offshore Operations Full Picture Page 17

14 Full Picture Supply: Dynamic Positioning Systems Remote Thruster Control Systems Power Management Systems Vessel Management, Alarm and Monitoring K-Safe, Kongsberg F&G Detection K-Safe ESD Systems Integrated Navigation and Bridge System DGNSS Systems (Kongsberg Made) HiPAP 501 Wideband Acoustic Systems Riser Management Systems (Kongsberg Seatex) K-IMS, Kongsberg Information Management systems and data logging Typically about 13,000 IO Points 95% of systems above are manufactured by KM Page 18 WORLD CLASS through people, technology and dedication

15 Full Picture for Drillship: Page 19 WORLD CLASS through people, technology and dedication

16 Seadril/Diamond Drilling CCR for Drillship and Semi Submersibles Page 20 WORLD CLASS through people, technology and dedication Transocean Clear Leader

17 The Market Outlook Offshore The outlook for the high-end offshore market, e.g. drilling, construction and floating production is positive. International Offshore Support Vessels, Platform Support Vessel and Anchor Handling Tug Supply is influenced by a previously high contracting rate and thus the market is more uncertain (Us Jones Act Market is different though) Deepwater Construction vessels with min TAHC Cranes will be needed to develop future deepwater fields Subsea For the offshore related activities in subsea, e.g. underwater positioning, navigation and under water vehicles, the market looks promising - likewise for fishery In General: Kongsberg Maritime has higher market share in areas with more critical operations and higher day rates Page 21

18 World leading position in the drilling market Continuing our success by obtaining major drilling contracts From leading shipyards like Hyundai, Daewoo, Samsung, Keppel FELS, Jurong, CIMC Raffles and Cosco Sophisticated drill ships and rigs, for operations in Gulf of Mexico, Brazil, West Africa and North Sea All major drilling companies select Kongsberg We have had great success with our integrated control solution The Full Picture deliveries Since the finance markets opened again in Oct/Nov 2010, approx Deepwater DS and SS has been ordered Kongsberg Maritime has secured their Full Picture deliveries to 100% of these new builds in Asia. Page 22

19 World leading position in the drilling market EKSPORTKREDITT and GIEK: EKSPORTKREDITT and GIEK, whilst a great product for the buyer/owners, it can also be very advantageous for Norwegian vendors like Kongsberg, Aker, NOV etc. Especially since yards often are out to buy the cheapest solutions, we assume lenders/banks are looking for less risk in the projects as only a successful project will guarantee the money they are financing. Norway is in a fortunate position to provide not only financing/investors etc, but also the most advanced, safe and reliable technical solutions to a very demanding market and extreme operations. New Norwegian Design Kongsberg Maritime believes our market position is not a coincidence but a combination of the best, proven and most reliable solutions combined with the best service in all areas. Page 23

20 Kongsberg going forward Continued technology development / synergies between our divisions Emerging need for Subsea products including AUV s etc Training

21 Deeper water generates demand for remotely controlled underwater operations Increased requirements for underwater vehicles (AUV ROV) The total market is estimated to more than 1000mUSD per year and growing KONGSBERG has a world leading position within the autonomous underwater vehicle (AUV) market REMUS HUGIN KONGSBERG is continuously developing its product range and applications to take an even larger part of this market Page 26

22 Kongsberg Maritime Academy A true partnership - meeting the market s expectations In support of the Brazilian offshore activities, we have established Kongsberg Academy in Rio de Janeiro a centre of excellence for: Operational training Technical training Operational analysis and support Engineering Project management and execution In 2013 Brazil expects to train approx 1200 students Page 27

23 New Full Mission Simulator in Houston Jul/Aug 2013 New Courses offered incl. sea time reduction courses Developing Training programs for Oil companies Tier 1 and Tier 2 levels KMI - Houston will train approx 1600 students per year (1394 in 2012) Page 28

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