GE Offshore Support Vessels Dec 2013
GE around the world Europe $27.4 B U.S.$70.4 B Canada & The Americas $13.2 B Middle East, Africa & Others $11.9 B Asia Pacific $24.5 B 2012 revenues total $147.4 billion with about 305,000 employees. 1 Includes U.S. exports to external customers 2 Includes $~5B from Other Global areas 2
Our Business Units Energy Management 5% / $7.4 B Transportation 4% / $5.6 B Capital 31% / $46.0 B Oil & Gas 10% / $15.2 B Aviation 14% / $20.0 B Home & Business Solutions 5% / $8.0 B Power & Water 19% / $28.3 B Healthcare 12% / $18.3 B ~$147.4 Billion Revenue in 2012 $16.1 B Operating Earnings GE scope for OSVs 3
GE Markets Offshore Drilling Offshore Support Vessels Production Offshore Construction Vessels (Pipelayers) Medium-speed diesel engines All electric propulsion POD solutions Electric generation & distribution Merchant Passenger Ice Class Workboats Transportation Low/med voltage motors & drives Dynamic Positioning Ship automation & propulsion control systems Power & distribution mgt. systems Navy On board processes (LNG, floating production units, cooling, cranes...) Combatant Auxiliary & Special Test Centres Specialist Equipment Anti-roll systems/shore connections Drilling control systems Project financing 4
GE Offshore Support Vessels
GE integrated scope of supply Fully integrated project >45% local content for Genset & >65% for Electrical Propulsion, DP & Automation 6
business structure Two key areas, one integrated team Transportation Vertical coordination Medium-speed diesel engines Service & support Power Conversion Power & Electrical Propulsion Systems Automation & Control Systems Dynamic Positioning Systems Service & support 7
GE Transportation in Brazil Based in Contagem/MG Brazil s #1 Locomotive manufacturer Full overhaul capabilities Fuel injectors nozzles lab Facilities - 14.000 m 2 500+ employees Able to deliver medium-speed diesel engines for offshore marine applications with ~45% local content & local services capabilities & spare parts
Diesel Power Solutions Medium speed 4 stroke diesel engines & generator sets 1750-5680 HP / 1200-5000 KW / 900-1050 RPM World s largest producer of medium speed diesel engines Proven technology.over 150 million hours of operation World class lifecycle costs & emissions Industry leading delivery times Ready, reliable & cost effective diesel power solutions 9
Power Conversion in Brazil >1,696 employees Parauapebas (Est. 09) Service and sales office 6 employees / 4 Engineers Belo Horizonte (Est. 81) HQ, Sales, Service, Engineering Center 250 employees / 150 Engineers Vitória (Est. 03) Regional Service Office 12 employees / 3 Engineers Macaé (Est. 07) Regional Service Office & Training Center 20 employees / 18 Engineers Rio de Janeiro (Est. 10) Sales Office 8 employees / 2 Engineers Betim (Est. 05) Drives & Switchboards Manufacturing 200 employees / 30 Engineers Campinas Rotating Machines Motors & Generators 1200 employees 10
Power Conversion factory in Brazil Betim Based in Betim/MG Full overhaul capabilities Facilities - 6000 m 2 450+ employees Able to deliver MV/LV Switchboards and Switchgears, LV/MV Variable Frequency Drives for offshore marine applications with ~65% local content & local services capabilities & spare parts 11
Services Full range of lifecycle services for entire offering 45 Regional Business Centers to support global customers Expertise in risk management from preventive maintenance to safe modernization & upgrades Spare parts and repairs Spare parts availability Obsolescence management Component repairs & rotating machine refurbishment Field services Installation, commissioning & start-up Maintenance, tech. assistance & expert support Training services Revamping/upgrades Life extension projects Performance improvement Capacity upgrades Long term service agreements From basic time & material to performance-based contracts Remote monitoring & diagnostics (VISOR) Fleet management, Offshore & Navy Established local after sales support in Brazil, from Macae, GEVISA Campinas, Vitoria & Belo Horizonte 12
Power Conversion s global footprint Operates in over 80 countries ~9,000 employees Local presence in 23 countries 8 converter factories 6 electrical machines factories 13
Strong local presence High Local Content + new factories in Brazil A compelling GE value proposition driving solid growth in the region Capture team Brazil & UK Global Technology EAS/PE Drillships EEP/BA Drillships Domain Expertise Local manufacturing Swire 04 PVS4500 GE Brand Financing Ecovix/RS Drillships Keppel FELS/RJ Rigs For more details, and GE s scope of supply see reference list attached >US$ 650MM in 2012 orders, including 22 Drilling Rig Units for Petrobras
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