part of Aker Status Aker Verdal Mai 2010 Verdal Formannskap 6. mai 2010 Nina Udnes Tronstad President, Aker Solutions, Verdal 2010 Aker Solutions
Financials AKSO total - Q1/2010 ED&S Subsea P&T P&C Revenue 11.6 BNOK EBITDA 1 096 MNOK Order intake 10.5 BNOK Order backlog 55.7 BNOK 1st quarter results 2010 23 April 2010 Slide 2 2010 Aker Solutions part of Aker
Årsresultat 2009 Omsetning Nedgang i 2009, på linje med resten av markedet Resultat Tap påvirket av merkostnader knyttet til H-6 prosjektet Kompleksitet og endringer i konseptet har medført kostnadsoverskridelser Som medeier i prosjektet, reflekteres dette tapet også hos oss Slide 3 2010 Aker Solutions part of Aker
Kontrakter vunnet i 2010 Gudrun Prefab start jacket 01.06.2010 Levering 01.07.2011 Ekofisk 2/4L Prefab start jacket 01.12.2010 Prefab start brustøtte 01.03.2011 Levering 30.03.2012 Slide 4 2010 Aker Solutions part of Aker
Ambisiøse gjennomføringsplaner Design Innkjøp Produktivitet Slide 5 2010 Aker Solutions part of Aker
Aker Verdal - verftet 800 700 600 500 400 300 200 100 0 jan.10 mar.10 mai.10 jul.10 sep.10 nov.10 jan.11 mar.11 mai.11 jul.11 sep.11 nov.11 jan.12 mar.12 mai.12 jul.12 sep.12 nov.12 jan.13 mar.13 mai.13 Gudrun Jacket Ekofisk 2/4 L Jacket og brustøtte Jacket bemanning Ledelse + utleie Slide 6 2010 Aker Solutions part of Aker
Market Clair Ridge 2013 1. 22.000 tonn 2. 9.000 tonn Valemon 8.000 tonn - 2012 Greater Ekofisk 2/4Z 7.000 tonn 2012 2/4S 10.000 tonn - 2013 Hejre 9.000 tonn - 2013 Slide 7 2010 Aker Solutions part of Aker
Aker Piping Technology Slide 8 2010 Aker Solutions part of Aker
Challenging to operate in a cyclic market NOK 60 mrd. 50 mrd. 40 mrd. Alt. 1 Higher level permanent staff, hiring out/ temporary redundancy when required 30 mrd. 20 mrd. 10 mrd. Option 2 Lower level permanent staff, subcontract/ hiring in when required 1975 1980 1985 1990 1995 2000 2005 2010 Investment in field development Based on figures from Konkraft (Rystad Energy, SSB, Oljedirektoratet). All numbers in 2007 billion NOK Slide 9 2010 Aker Solutions part of Aker
part of Aker Offshore wind power - an opportunity for the oil and gas industry 2010 Aker Solutions
Offshore wind - Political ambitions resulting in an energy market in change EU - 2020 ambitions Financial support schemes to ensure energy security climate ambitions industrial development and work places Produksjonskostnad øre/kwh 670 40 74 98 118 175 230 Hydro Onshore wind Offshore wind Bio Tidal Wave Solar (PV) Left: Offshore wind competitive to other renewables on production cost per kwh Right: The German support scheme ensures a certain prise level on produced electricity from offshore wind Slide 11 2010 Aker Solutions part of Aker
Dogger Bank - an opportunity or just lost illutions? To ensure Dogger Bank to become a true opportunity for the Norwegian Supply Industry,moving fast is key The energy companies should launch development programs to qualify technology and reducing costs Norwegian authorities must offer Norwegian suppliers similar external conditions as German and UK industries The suppliers need to work opportunities prior Dogger Bank awards Slide 12 2010 Aker Solutions part of Aker
GE Energy GE announced 25 March this year a Major European Offshore Wind Expansion Planned 340 Million Investment 2010-2016 Expand its advanced demonstration unit production and service facilities in Verdal Join the Nowitech Research Center in Norway to participate in joint research projects on offshore wind topics UK 110 mill Norway 75 mill Sweden 50 mill Deutschland 105 mill Slide 13 2010 Aker Solutions part of Aker
Infrastructure the yard of possibilities Slide 14 2010 Aker Solutions part of Aker
Financial support constraints in an immature offshore wind market Technology / R&D Industry Energy producers Forskningsrådet FME (Forskning på miljøvennlig energi)? Enova Energiuka 2009 Slide 15 2010 Aker Solutions part of Aker
Oppsummering Året 2009 - negativt resultat Ordreinntak på budsjett så langt Alle ansatte i jobb fra oktober Vindmarkedet modnes, men utviklingen går saktere enn forventet Norske rammevilkår ikke på linje med EU Kort sikt Gjennomføre prosjekter med godt økonomisk resultat Vinne flere prosjekter Lang sikt Skape robusthet gjennom flere markeder Slide 16 2010 Aker Solutions part of Aker