title slide headline · coiled tubing wire & cable specialist crews light well live ... global...
TRANSCRIPT
![Page 1: Title slide headline · COILED TUBING WIRE & CABLE SPECIALIST CREWS LIGHT WELL LIVE ... Global leader for precision well technology Integrated conveyance & well technology Delivering](https://reader033.vdocuments.mx/reader033/viewer/2022060519/604d59c42fe50a6329300710/html5/thumbnails/1.jpg)
Altus Intervention
Pareto Securities
24th Oil & Offshore Conference in Oslo
14th September 2017
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40 years of focus
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CASED HOLE LOGGING
PERFORATING & BALLISTICS
TRACTOR CONVEYANCE
PRECISION CLEANOUT
ACCESS & RECOVERY
MANIPULATION
BARRIERS & ISOLATION
LIVE WELL
DEPLOYMENT
DOWNHOLE
TECHNOLOGY
ONSHORE CAPABILITIES
BASE ONSHORE SPECIALISTS
LIVE
LIVE
COILED TUBING
WIRE & CABLE
SPECIALIST CREWS
LIVELIGHT WELL
INTERVENTION
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Intervention specialists
TECHNIQUESTECHNOLOGIESEXPERIENCE
Contracts+100 globally
+90% With Oil Co.Direct
+98% OperationsUptime on
+100,000paOperating days
+270 SystemsIntervention
+NOK500minvested in last 3 years
REPUTATION
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PHOTO CREDIT: JOHAN SVENDRUP, STATOIL
The No. 1 integrator in the North Sea
Global leader for precision well technology
Integrated conveyance & well technology
Delivering adaptive solutions
Our strategic focus
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Our progress last 12 months
>20% increase in proactive observations
~20% reduction in NPT in last 12 months
NOK 450 million in cost reduction
50% increase in technology activity
Health & Safety
Service Quality
Efficiency
Sales
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Shaping the future
TRANSFORMATION
IMPROVEMENT
DIGITAL
INTERVENTION
OPERATIONS
NEW SERVICE
DELIVERY
MODELS
COST EFFICIENCY
RADICAL PROGRAMME
PERFORMANCE MANAGEMENT
COMMITTED & PERSISTENT
COMPETENCE
BEST IN CLASS
NEXT
GENERATION
TECHNOLOGY
SERVICE DELIVERY
HIGHEST STANDARD
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PHOTO CREDIT: OLE JØRGEN BRATLAND, STATOIL
Key financial facts
NOK 1,6bnSales
16%EBITDA Margin
>60%North Sea Market Share
+NOK 450mReduced cost since 2015
c1000Employees
+NOK 500mCapex invested in last 3 years
NOK 6,3bn Term agreement backlog
+50%Increase in technology revenues
FINANCIAL
SNAPSHOT
OPERATIONAL
SNAPSHOT
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Summary
• An industry looking for change
• Clients engaged in making interventions smarter
• Continued challenging marked enviroment
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Thank you