pipeline & pipe services

PIPELINE & PIPE SERVICES

MARKET DRIVERS

ENERGY TRANSITION FROM COAL TO GAS LARGE PIPELINES FEEDING LNG

LOWER COST OFFSHORE DEVELOPMENT SUBSEA TIEBACKS AND GREENFIELD DEVELOPMENTS

GROWING EPCI DEVELOPMENT MODEL PARTNERSHIPS WITH EPC CONTRACTORS

CHALLENGING DEEP WATER FIELDS REQUIRES TECHNOLOGY

AGING INFRASTRUCTURE REHABILITATION PRODUCTS

NEW O&G SUPPLY SOURCES REALIGNMENT OF CAPACITY TO MARKET STRATEGY

PIPELINE PERFORMANCE


INDICATORS TO WATCH

MARKET OPPORTUNITIES

ASSET LIFECYCLE

MANAGEMENT

DYNAMIC GLOBAL SUPPLY

AND DEMAND

GROWTH IN LNG SUPPLY CHAIN

COLLABORATIVE SUBSEA TECHNOLOGY

DEVELOPMENT

DOMESTIC ENERGY PROGRAMS &

CONSUMPTION

FID PROJECT SANCTIONS

Sour

ce: N

OR

WEP

Sour

ce: R

ysta

d, M

arch

20

19

SUBSEA EQUIPMENT CAPEXE&P OFFSHORE CAPEX

Sour

ce: R

ysta

d En

ergy

, Oct

ober

20

19

SURF CAPEX

Sour

ce: R

ysta

d, M

arch

20

19


PIPELINE PERFORMANCE

PRODUCT/SERVICE OFFERING

FLOW ASSURANCE PROTECTIVE & WEIGHT COATINGS

FIELD JOINT COATINGS

PROTECTION & PRESERVATION PRODUCTS

ENHANCED LOGISTIC SOLUTIONS

DIFFERENTIATION

DIGITAL CAPABILITIES

CUSTOMER RELATIONSHIPS

GLOBAL FOOTPRINT

TECHNOLOGY & INNOVATION

PROVEN TRACK RECORD

MAIN COMPETITORS

PROJECTS

PRODUCTS

KEY CUSTOMERS

EPCs

PIPE MILLS

OPERATORS

MARKET DRIVERS

AGING INFRASTRUCTURE PIPELINE REHABILITATION

REGULATORY ENVIRONMENT INTEGRITY SERVICES

US PIPELINE CAPACITY CONSTRAINTS PIPELINE CONSTRUCTION PROJECTS

US LAND – SHALE INFRASTRUCTURE BUILDOUT

UK DEFENSE & INDUSTRIAL SPENDING EXPANSION BEYOND OIL & GAS


NDT TECHNOLOGY ADVANCEMENT

BUILD A BRAND IN PIPELINE INTEGRITY

EXPANSION BEYOND OIL & GAS

PIPELINE REHABILITATION

INTEGRITY MANAGEMENT


INDICATORS TO WATCH

GLOBAL PIPELINE CAPEX SPENDFID PROJECT SANCTIONS

SURF CAPEX

Sour

ce: R

ysta

d, M

arch

20

19So

urce

: EIA

, 20

20

Sour

ce: E

IA, 2

020

Sour

ce: N

DR

WEP

LNG US EXPORT

US

$ B

TOP REGIONS 2017-19 2020-22

North America 45.0% 31.9%

Fmr. USSR 16.6% 13.4%

Middle East 9.5% 17.6%

Asia 14.5% 16.1%



CUSTOMIZED SYSTEMS

ADVANCED NDT SERVICES

(AUT & RTR)

COMPUTED RADIOGRAPHY

CONVENTIONAL NDT SERVICES

iLINE – WELD ADVISOR

INTEGRITY MANAGEMENT

DIFFERENTIATION

DIGITAL SOLUTIONS


TECHNOLOGY& INNOVATION

INDUSTRY EXPERTS

SERVICE EXCELLENCE

KEY CUSTOMERS

CONTRACTORS

OWNER/OPERATORS

MAIN COMPETITORS

MARKET DRIVERS

AGING WORKFORCE EMBEDDED EMPLOYEES

AGING INFRASTRUCTURE REHABILITATION AND REPLACEMENT

REGULATORY REQUIREMENTS COMPLIANCE SERVICES

STRICTER EMISSION STANDARDS DESIGN SERVICES

MANAGEMENT & ENGINEERING SERVICES



NON-PIPELINE INFRASTRUCTURE

CLEAN ENERGY

NEW INFRASTRUCTURE

ASSET OWNERSHIP PROGRAMS

INTEGRITY SERVICES

INDICATORS TO WATCH

SKILLED WORKERS

ONSHORE PIPELINE AND CAPEX

Sour

ce: W

estw

ood

Glo

bal E

nerg

y, 2

017

NEW PIPELINES (2019-2023)

Sour

ce: G

loba

l Dat

a, 2

020

AGING INFRASTRUCTURE

U.S. Water PipelinesOil & Gas Pipelines

Sour

ce: W

ellin

g, E

PASo

urce

: Tal

ent

Shor

tage

Sur

vey


SERVICE OFFERING

CATHODIC PROTECTION

ASSET INTEGRITY MANAGEMENT

ENGINEERING SERVICES

INSPECTION SERVICES

EMBEDDED TECHNICAL EXPERTISE

MANAGEMENT & ENGINEERING SERVICES

MAIN COMPETITORS

KEY CUSTOMERS

DIFFERENTIATION



TECHNICAL EXPERTISE

PROJECT MANAGEMENT

PROVEN TRACK RECORD

COMPOSITE SYSTEMS

ADOPTION OF COMPOSITE TECHNOLOGIES CONVERSION OF CONCRETE/STEEL

AGING PIPE AND TANK INFRASTRUCTURE ASSET REPLACEMENT AND REFURBISHMENT

INCREASING OIL & GAS PRODUCTION COMPLEXITY EXPANDING THE OPERATING ENVELOPE

NA ECONOMIC AND CONSTRUCTION ACTIVITY GROWTH IN WATER/FUEL MARKETS FOR TANKS

GLOBAL ENVIRONMENTAL REGULATIONS & ESG FOCUS DEMAND FOR CORROSION-FREE SOLUTIONS

MARKET DRIVERS

COMPOSITE SYSTEMS

COMPOSITE PIPES & TANKS


LARGER DIAMETER PIPE

PLATFORM

INTERNATIONAL EXPANSION

STORMWATER & WASTEWATER

TREATMENT

MIDSTREAM OIL & GAS

SOLUTIONS

ASSET REPLACEMENT & REFURBISHMENT

INDICATORS TO WATCH

CONSTRUCTION ACTIVITY

AGING INFRASTRUCTURE

OIL & GAS DRILLING ACTIVITY

Spea

rs &

Ass

ocia

tes,

Dec

embe

r 201

9

Uni

ted

Stat

es C

ensu

s Bu

reau

, Sep

t 201

9 Pr

ojec

tions

USD

, Bill

ions

ASTS

WM

O, O

ctob

er 2

015

Underground Storage Tank Population by Age

US Residential and Non-Residential Construction

COMPOSITE ADOPTION

Oil & Gas 2” - 8” Pipeline Market

Shaw

cor E

stim

ates

1,600

1,400

1,200

1,000

800

600

400

200

0 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

Wel

l Com

plet

ions

Global Well Count Projections

70,000

60,000

50,000

40,000

30,000

20,000

10,000

- 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

100%

90%

80%

70%

60%

50%

40%

30%

20%

10%

- 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020F

10%15% 17% 17% 17%

19% 22%24% 26%

28% 30%

Composites Steel

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

< 10 Years 10 - 19 Years 20 - 29 Years 30 - 39 Years 40 - 49 Years 50 - 59 Years

28% 40% 15%12% 4%

1%

COMPOSITE PIPES & TANKS

PRODUCT & SERVICE OFFERING

COMPOSITE TANKS

COMPOSITE PIPE INSTALLATION & INTEGRITY SERVICES

POLYETHYLENE PIPE

DIGITAL ENABLEMENT

COMPOSITE SYSTEMS

MAIN COMPETITORS

DIFFERENTIATION



APPLICATIONS ENGINEERING

STRONG VALUE PROPOSITION


KEY CUSTOMERS

MARKET DRIVERS

MARKET ACCESS (PIPELINE CAPACITY/LNG TERMINALS) INCREASED DRILLING/COMPLETIONS

INCREASED/ENHANCED RECOVERY TECHNIQUES PRODUCT DIVERSIFICATION

WELL ABANDONMENT PROGRAMS OCTG PIPE REFURBISHMENT

CUSTOMER INVESTMENT IN DIFFERENTIATED TECHNOLOGY ASSET MANAGEMENT

COMMODITY PRICES FOCUSED APPROACH TO GEOMARKETS

PRODUCTION CURTAILMENTS IN-HOUSE CLEANING CAPABILITIES


ASSET TRACKING & TRACEABILITY

OCTG PIPE REFURBISHMENT

GEOGRAPHIC FOCUS

INCREASED DRILLING/COMPLETIONS

OILFIELD ASSET MANAGEMENT

COMPOSITE SYSTEMS

INDICATORS TO WATCH

Sour

ce: P

etro

Nic

he T

ech

ACTIVE INJECTION WELL COUNT

Sour

ce: P

etro

Nic

he T

ech

NEW DRILLED WELL COUNT

Sour

ce: C

AO

DC

CANADA AVERAGE RIG COUNT


COMPOSITE LINED TUBING

SUCKER ROD INSPECTION &

REPAIR

TUBULAR INSPECTION &

REPAIR

PROPRIETARY THREADING / MACHINING

ASSET MANAGEMENT

DIGITAL SERVICES

COMPOSITE SYSTEMS

OILFIELD ASSET MANAGEMENT

KEY CUSTOMERS

MAIN COMPETITORS

DIFFERENTIATION




REGIONAL FOOTPRINT

PRODUCT PORTFOLIO

AUTOMOTIVE & INDUSTRIAL

MARKET DRIVERS

NON-RESIDENTIAL INDUSTRIAL CONSTRUCTION BROAD CATALOGUE

AGING INFRASTRUCTURE SUBSTATION CONTROL CABLES

NA INFRASTRUCTURE PROJECTS TRANSIT AND SPECIALTY CONTROL CABLES

CANDU NUCLEAR REFURBISHMENT PLANS ENGINEERED TO ORDER CUSTOMIZED CABLES

RENEWABLE ENERGY POWER CABLES

REGULATORY ENVIRONMENT LOW SMOKE ZERO HALOGEN TECHNOLOGY


NA ELECTRICAL INFRASTRUCTURE

NUCLEAR ENERGY SOLUTIONS

FIRE SAFETY APPLICATIONS

CUSTOM CABLE ENGINEERING


SHAWFLEX

INDICATORS TO WATCH

CANADIAN INDUSTRIAL PERMITS US ELECTRICAL UTILITY TRANSMISSION & DISTRIBUTION CAPEX

LEVELIZED COST OF ELECTRICITY CANADA’S TOP 100 INFRASTRUCTURE PROJECTS

→ Western Canada: $10.7BSite C Clean Energy Hydroelectric Project

→ Ontario: $25.8BBruce Power and Darlington CANDU Refurbishments

→ Quebec: $6.3BRéseau électrique métropolitain Transit expansion

→ Eastern Canada: $12.7BMuskrat Falls Hydroelectric Project

KEY PROJECTS

Sour

ce: S

tats

Can

ada

Sour

ce: I

nter

nati

onal

Ene

rgy

Age

ncy

Sour

ce: S

&P

Glo

bal M

arke

t In

telli

genc

eSo

urce

: ReN

ew C

anad

a

Value$13,000,000,000

$340,000,000


INSTRUMENTATION CABLE

CONTROL CABLE POWER CABLE CUSTOM ENGINEERED WIRE AND CABLE

SHAWFLEX


KEY CUSTOMERS

MAIN COMPETITORS

DIFFERENTIATION


INDUSTRY EXPERTISE

SERVICE EXCELLENCE


TRACK RECORD

MARKET DRIVERS

GLOBAL AUTOMOTIVE PRODUCTION GLOBAL SUPPLY CHAIN

ELECTRONIC CONTENT GROWTH CUSTOMIZED PRODUCT SOLUTIONS

ELECTRIC VEHICLE ADOPTION RATE NEW PLATFORMS AND PROGRAMS

AEROSPACE AND DEFENSE INVESTMENTS INDUSTRIAL DIVERSIFICATION

CLEAN & SMART ENERGY PROJECTS INVESTMENT IN ELECTRICAL INFRASTRUCTURE


ELECTRICAL INFRASTRUCTURE

ELECTRIC VEHICLES

AUTOMOTIVE ELECTRONIC

CONTENT GROWTH

INDUSTRIAL DIVERSIFICATION


DSG-CANUSA

INDICATORS TO WATCH

GLOBAL DEFENSE SPENDING

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

Def

ense

Spe

ndin

g U

S$B

Europe ChinaNorth America

0

100

200

300

400

500

600

700

800

900

LIGHT VEHICLE PRODUCTION BY REGION

2020 2025

5

10

15

20

25

30

35

Pure ICE

Vehi

cle

Prod

ucti

on, M

ChinaAmericas EMAR2020 2025 2020 2025 2020 2025

Full + Mild Hybrid BEVs PHEVs

-

US ELECTRICAL UTILITY TRANSMISSION & DISTRIBUTION CAPEX

2013 2014 2015 2016 2017 2018 2019 20200

10

20

30

40

50

60

C$

Bill

ions

70

LIGHT VEHICLE PRODUCTION BY POWERTRAIN

2016 2017 2018 2019 2020 2021 2022 2023 2024 20250

20

40

60

80

100

120

Vehi

cle

Prod

ucti

on, M

PURE ICE BEVs PHEVsHYBRID

(LM

C-A

uto

2019

)

(LM

C-A

uto

2019

)

(S&

P G

loba

l Int

ellig

ence

)

(SIP

RI M

ilita

ry E

xpen

ditu

re 2

018

)


HEAT SHRINK TECHNOLOGY

COLD SHRINK TECHNOLOGY

APPLICATION EQUIPMENT

AFTERMARKET SALES & SERVICE

DSG-CANUSA

MAIN COMPETITORS

DIFFERENTIATION

INNOVATIVE TECHNOLOGY

INTEGRATED SYSTEMS

CUSTOMER BASE

APPLICATION ENGINEERING

EXPERTISE

GLOBAL FOOTPRINT


KEY CUSTOMERS

pipeline & pipe services

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