introduction · ensco plc 6 chesterfield gardens london w1j 5bq . introduction ensco plc brings...

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Ensco plc 6 Chesterfield Gardens London W1J 5BQ www.enscoplc.com Introduction Ensco plc brings energy to the world as a global provider of offshore drilling services to the petroleum industry. For more than 25 years, we have focused on operating safely and exceeding customer expectations. We are the industry leader in customer satisfaction, ranking first for the fifth year in a row with top honors in 10 of 16 categories in a 2014 independent industry survey. We own one of the world’s newest ultra-deepwater fleets and the largest fleet of premium jackups. Our high-quality fleet includes drillships, dynamically-positioned semisubmersibles, moored semisubmersibles and premium jackups. We also provide drilling management services for customer-owned deepwater and shallow water rigs. Our rigs have drilled some of the most complex wells in virtually every major offshore basin around the globe, and we currently operate across six continents. With safety and operational excellence as our highest priorities, we have established a safety performance record that consistently exceeds industry averages. Our skilled employees exceed customer expectations by adhering to our proven safety systems that are actively supported at the highest levels of the organization and applied across the fleet. We also offer extensive training programs to enable our employees to continually build their competence and knowledge. Our Competency Assurance Program is accredited by the International Association of Drilling Contractors. Standardization of rig design, equipment and operating systems is integral to Ensco’s strategy. Standardization streamlines operations, increases efficiency and reliability, improves inventory management and facilitates employee transfers within our fleet. Fleet Highlights Ensco’s drillships are equipped with some of the most technically advanced well construction features available in the offshore drilling industry including advanced systems for hoisting, blowout preventer handling, drilling and mud controls and station keeping. Currently three drillships are under construction. Our ENSCO 8500 Series ® ultra-deepwater semisubmersible rigs, capable of drilling in up to 8,500 feet of water, use a proprietary design developed with extensive input from customers to address the drilling requirements of nearly every deep water field around the world. These rigs have built a history of outstanding performance and continue to attract repeat customers. Ensco’s premium jackup fleet is the largest and most capable in the world. We continue to execute on our long-established strategy of high-grading our fleet by investing in newer equipment. Since the beginning of 2005, Ensco has invested more than $2 billion in our jackup fleet including the construction of four new ENSCO 120 Series ultra-premium harsh environment jackups that are enhanced versions of the KFELS Super A design; two ENSCO 140 Series high specification jackups of the LeTourneau Super 116E design; and ENSCO 110, a KFELS B Class premium jackup. All ENSCO 120 and ENSCO 140 Series jackups include Ensco’s patented Canti-Leverage Advantage SM technology, which provides cost advantages for customers by allowing them to drill more wells from one location when utilizing the enhanced hoisting capacity at the farthest reach of the cantilever. Recognition For the fifth year in a row, Ensco ranked highest among offshore drillers in the most recent Customer Satisfaction Index of Global Oilfield Suppliers conducted by EnergyPoint Research. We earned first place in Total Satisfaction with top honors in 10 of 16 categories including Health, Safety and Environment; Technology; Deepwater Drilling; Harsh Climate Applications; Shelf Wells; Special Applications; North Sea; Latin America and Mexico. Brazil 4 Floaters Asia Pacific 3 Floaters 8 Jackups U.S. Gulf 9 Floaters 7 Jackups 2 Managed Europe/Med 1 Floater 11 Jackups Mexico 3 Managed ME/Africa 3 Floaters 10 Jackups Construction 3 Floaters 4 Jackups Held for Sale 5 Floaters 2 Jackups Updated 4 March 2015

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Page 1: Introduction · Ensco plc 6 Chesterfield Gardens London W1J 5BQ . Introduction Ensco plc brings energy to the world as a global provider of offshore drilling services to the petroleum

Ensco plc 6 Chesterfield Gardens London W1J 5BQ www.enscoplc.com

Introduction

Ensco plc brings energy to the world as a global provider of offshore drilling services to the petroleum industry. For more than 25 years, we have focused on operating safely and exceeding customer expectations. We are the industry leader in customer satisfaction, ranking first for the fifth year in a row with top honors in 10 of 16 categories in a 2014 independent industry survey.

We own one of the world’s newest ultra-deepwater fleets and the largest fleet of premium jackups. Our high-quality fleet includes drillships, dynamically-positioned semisubmersibles, moored semisubmersibles and premium jackups. We also provide drilling management services for customer-owned deepwater and shallow water rigs. Our rigs have drilled some of the most complex wells in virtually every major offshore basin around the globe, and we currently operate across six continents.

With safety and operational excellence as our highest priorities, we have established a safety performance record that consistently exceeds industry averages. Our skilled employees exceed customer expectations by adhering to our proven safety systems that are actively supported at the highest levels of the organization and applied across the fleet. We also offer extensive training programs to enable our employees to continually build their competence and knowledge. Our Competency Assurance Program is accredited by the International Association of Drilling Contractors. Standardization of rig design, equipment and operating systems is integral to Ensco’s strategy. Standardization streamlines operations, increases efficiency and reliability, improves inventory management and facilitates employee transfers within our fleet. Fleet Highlights Ensco’s drillships are equipped with some of the most technically advanced well construction features available in the offshore drilling industry including advanced systems for hoisting, blowout preventer handling, drilling and mud controls and station keeping. Currently three drillships are under construction. Our ENSCO 8500 Series® ultra-deepwater semisubmersible rigs, capable of drilling in up to 8,500 feet of water, use a proprietary design developed with extensive input from customers to address the drilling requirements of nearly every deep water field around the world. These rigs have built a history of outstanding performance and continue to attract repeat customers. Ensco’s premium jackup fleet is the largest and most capable in the world. We continue to execute on our long-established strategy of high-grading our fleet by investing in newer equipment. Since the beginning of 2005, Ensco has invested more than $2 billion in our jackup fleet including the construction of four new ENSCO 120 Series ultra-premium harsh environment jackups that are enhanced versions of the KFELS Super A design; two ENSCO 140 Series high specification jackups of the LeTourneau Super 116E design; and ENSCO 110, a KFELS B Class premium jackup. All ENSCO 120 and ENSCO 140 Series jackups include Ensco’s patented Canti-Leverage AdvantageSM technology, which provides cost advantages for customers by allowing them to drill more wells from one location when utilizing the enhanced hoisting capacity at the farthest reach of the cantilever. Recognition For the fifth year in a row, Ensco ranked highest among offshore drillers in the most recent Customer Satisfaction Index of Global Oilfield Suppliers conducted by EnergyPoint Research. We earned first place in Total Satisfaction with top honors in 10 of 16 categories including Health, Safety and Environment; Technology; Deepwater Drilling; Harsh Climate Applications; Shelf Wells; Special Applications; North Sea; Latin America and Mexico.

Brazil 4 Floaters

Asia Pacific 3 Floaters 8 Jackups

U.S. Gulf 9 Floaters 7 Jackups 2 Managed

Europe/Med 1 Floater 11 Jackups

Mexico 3 Managed

ME/Africa 3 Floaters 10 Jackups

Construction 3 Floaters 4 Jackups

Held for Sale 5 Floaters 2 Jackups

Updated 4 March 2015

Page 2: Introduction · Ensco plc 6 Chesterfield Gardens London W1J 5BQ . Introduction Ensco plc brings energy to the world as a global provider of offshore drilling services to the petroleum

Ensco plc 6 Chesterfield Gardens London W1J 5BQ www.enscoplc.com

World’s second largest offshore fleet 9 drillships including 2 under construction 11 dynamically-positioned semisubmersibles 3 moored semisubmersibles 40 premium jackups including 3 under construction 2 deepwater and 4 jackup managed units 1 drillship, 4 semisubmersibles and 2 jackups held for sale New ultra-deepwater fleet Average age: 4 years 2 drillships under construction Industry-leading jackup fleet Largest fleet of active premium jackup rigs $2 billion+ invested in jackup fleet since 2005 3 jackups under construction − 1 ultra-premium harsh environment − 2 high specification Geographic reach Operations span six continents Drilling experience in virtually every major offshore basin Headquarters in London and corporate offices in Houston Major offices in Angola, Brazil, Mexico, Scotland, Singapore, UAE and USA Strong financial position and investment-grade credit ratings Baa1 - Moody’s BBB+ - Standard & Poor’s NYSE Stock listing: ESV Registered in England No. 7023598

Updated 4 March 2015