Aker Solutions Earnings and Corporate Presentation slide image

Aker Solutions Earnings and Corporate Presentation

Long Term Trends Shaping the Industry Transforming Businesses Low Carbon Consolidation and Collaboration Alliances and M&A within OFS offering a broader scope within the value chain. Strong focus in the industry towards collaborative approaches, especially with the customer Emergence of New Business Models - Alignment of production cash flow with spend – outcome based models, lower capex, renewed approach to life of field cost (Totex). Transition to services Role of Gas Growing operator production share of gas - LNG enabled; longer step outs, large bore systems, compression, Carbon Capture People Development Digitalization Human Capital System Innovation All electric modular systems, unmanned platforms, brownfield tie ins, subsea compression. Working closely with our clients to Co-Create solutions, especially with independents Efficient Operations Focus on zero incidents, quality and continuous improvement, carbon footprint, resource usage. Requirement to maintain industry cost competitiveness. Focus on Renewables Increased focused on alternatives such as Wind, Solar especially from existing clients Increasing challenge to access and retain the best talent in a changing industry. Requires global resource management, culture development. Changing competence in a digitalizing industry. Corporate social responsibility. 2019 Aker Solutions Digitalization Disruptive business models, offerings and operations – data management, predictive services, analytics, digital twins May 16, 2019 Slide 21 Aker Solutions
View entire presentation