Investor Presentaiton
Oil & Gas momentum
Regional dynamics
Brazil
•
Record oil discoveries
•
30% of global deep water drilling
Venezuela Largest oil reserves
•
Mexico
•
PEMEX reform
Acquisitions
•
Opportunity
典
Wellstream
Well Support
• Pressure Control
Electrical Submersible
Pumps
Logging Services
$0.8B orders
in '11
• +2.2k employees
• 9 new service sites
Broad subsea +
enhanced oil recovery
& shale play
.
Argentina Shale potential
Colombia • 100+ E&P companies active
O&G production in Brazil
(mboed)
Petrobras
OGX
Others
(10% CAGR)
4.6
7.6
2.6
2.1
'06 '11
'15F
'20F
imagination at work
Outlook
Investments
++
$1.7B
$0.8B
'10
'11
'12E '16F
2X
+ GRC center in Rio
+ Capacity expansions
- $140MM flexible risers
- $32MM services
- $16MM x-mas trees
+ Competitive advantage
+ Full product suite
+ Localization
+ Service capability
Positioned for Oil & Gas super cycle
Source: Petrobras & OGX business plans
46
GE Global Investor Day
March 7, 2012View entire presentation