Forutsetninger for vekst i energisektoren. Rune Jensen, Senior Partner Energy Ventures / Managing Partner Progressus

Transkript

1 Growth Equity Investments in Oil & Gas Technology Forutsetninger for vekst i energisektoren. Rune Jensen, Energy Ventures / Managing Partner Progressus

2 Current Exited 2 Investments to Date Technologies and services which improve performance, lower costs and reduce risk RESERVOIR EVALUATION & EXPLORATION DRILLING & WELL CONSTRUCTION INTERVENTION, COMPLETION & LIFT FIELD DEVELOPMENT, FACILITIES & HS

3 ABERDEEN STAVANGER HOUSTON 3 Hand-picked Team Deep industry and PE experience Name Sectors PE O&G Prior Roles Name Sectors PE O&G Prior Roles Kjell Jacobsen Chairman 7 34 President & CEO, Seadrill; President & CEO, Smedvig Jim Sledzik 7 26 VP, WesternGeco; Account Director, Schlumberger Helge Tveit Managing Partner Exec. Advisor, BP Norway; Strat. Planning Director, Amoco Shantanu Agarwal Partner 5 14 Co-founder, Oscomp; Associate, McKinsey; BD Manager, Schlumberger Einar Gamman Deputy MD, Smedvig; BD Manager, ABB; Project Engineer, Tentech Matt Anstead Investment Director 6 15 VP, Simmons & Co.; Field Engineer, Schlumberger Rune Jensen Managing Partner, Progressus; CEO, Allianse Espen Strøm Investment Manager 7 10 Financial Analyst, Exxon Mobil Per Arne Jensen Managing Partner, Progressus; CEO, Figgjo Atif Ali Analyst 3 3 PPHB, Duff & Phelps Pelle Biltsén CFO Corporate Advisor, Melberg; Associate, Procuritas Kjetil Norheim Analyst 1 1 MSc -HECLausanne Greg Herrera VP, Simmons & Co.; Engineering Sales, Hydril; Founder, Rototech Tomas Hvamb Senior Associate Karem Kobayashi Analyst 2 10 VP, Barclays Bank 2 9 BG Group Reservoir Evaluation & Exploration Drilling & Well Construction Intervention, Completion & Lift Field Development, Facilities & HSE Others (Finance/IT)

4 4 Unique Senior Network of Industry Experts Provide global reach, board leadership and expert opinions on future macro trends in the oil & gas industry Operating Partners Gavin Prise Andrew Boland Saad Bargach Former Chief Executive Officer of Expro Former Managing Director, Research at Peters & Co. Limited Former senior executive at Schlumberger and Partner in Lime Rock Partners Advisory Board Karl Johnny Hersvik Khodor Mattar Chief Executive Officer, Aker BP Managing Director, Investments, Temasek Jose Formigli Dr. Vikram Rao Dr. Ram Shenoy Richard Spears Carl Trowell Former Senior VP E&P, Petrobras Executive Director, ResearchTriangle Energy Consortium (RTEC); Former CTO, Halliburton Former Chief Technology Officer, ConocoPhilips; Former VP Research, Schlumberger Managing Director, Spears & Associates President & CEO of Ensco plc; Former President, Schlumberger IPM & SPM

5 Examples Growth of International examples Organic Progressus and Structural portfolio Growth Revenue growth from MNOK 266 to BNOK 1.4 Employee growth from 111 to 468 Original offices at investment New offices Norway Original Headquarters: Viju, add energy & Metron UK and Europe Primary focus area for portfolio expansion. 14 new offices Viju, add energy, Metron Entry 2015 Employees: Revenue (Norway): Revenue (Offshore): Revenue from MNOK 82 to MNOK 724 Middle East add energy focus area - JV started Asia Viju focus area 2 new offices started Entry 2015 Employees: Revenue (Norway): Revenue (Offshore): USA Primary focus area Viju & add energy - 5 new offices acquired/established Revenue from MNOK 93 to MNOK 424 Australia Primary focus area add energy - 7 new offices acquired/established Entry Exit Employees: Revenue (Norway): Revenue (Offshore): Revenue from MNOK 91 to MNOK 225 5

6 6 Forutsetninger for vekst på selskapsnivå Høy ambisjon / sterk fremtidstro God strategi Finansielle ressurser Menneskelige ressurser

7 7 Forutsetninger for vekst i energisektoren Høy ambisjon / sterk fremtidstro 1. Få bedre frem hvor viktig oljevirksomheten er for den norske velferden i dag og de neste år 2. Få bedre frem hvor viktig olje & gass er for global energiforsyning opp mot fornybar energi samme tidsperspektiv God strategi 1. Globalt ledende på teknologi for å kunne drive sikkert og lønnsomt i krevende omgivelser dypt vann, dårlig vær, store avstander og ekstrem kulde 2. Sørge for mye leteareal tilgjengelig fremover og langsiktig konkurransedyktige rammevilkår Finansielle ressurser 1. Beskatning av en sterk presset leverandørindustri formuesskatt er et stort problem i en situasjon hvor det ikke kan tas ut utbytte 2. Oljefondet bør få investere i norske teknologibedrifter i oljesektoren via norske venture og vekst Fond Menneskelige ressurser 1. Ta vare på og styrk Stavanger regionens posisjon i olje & gass sektoren. 2. Utnytte synergi potensialet mellom olje & gass og andre energi former og utnytt forvaltnings- og verdiskapingskompetansen i Stavangerregionen ved å legge Fornybarfondet hit