TechnipFMC - To enhance the performance of the world’s energy industry

SUBSEA

ONSHORE/OFFSHORE

SURFACE

Changes required in the energy sector in Norway – New energy systems for offshore/maritime

Aquaculture – New farming solutions required

Deepwater floating wind, hydrogen and farming of Atlantic salmon

A great future of energy from our oceans

Ocean Ventures in TechnipFMC

Paris Agreement

Pathways limiting global warming to 1.5°C would require rapid and far-reaching transitions in energy, land, urban and infrastructure

Norway target – 40% CO2 reduction by 2030Presently running at 13% reduction

Deep Purple

Source: Norwegian Environment Agency

• Challenge

• 40% of Norway’s CO2 emissions comes from O&G and Maritime sector

• Opportunity

• Provide CO2-free energy to replace oil and gas turbines and to provide hydrogen as fuel to maritime sector

5

Deep Purple in offshore Oil & Gas

CONFIDENTIAL

Deep Purple project

Hydrogen to coastal traffic Power to O&G installations

Hydrogen AND oxygen to fish farms

Power to remote islands

Subsea hydrogen storage

Hydrogen

Power

Seawater treatmentElectrolyzerFilling station Fuel cells

Another application is harbour energy infrastructure includinga large scale subsea hydrogen storage

OceanTECH – Next generation sustainable fish farming

…a change of footing