May 10, 2022 / 03:00PM GMT
Unidentified Analyst -
Everybody I'd like to thank you for attending Citi's Annual Energy and Power Conference. A big thank you to FMC, TechnipFMC, and Doug Pferdehirt, CEO and Chairman of the firm.
We're going to keep it as interactive as possible, and I'll kick it off with a few questions. Interestingly enough, this actually probably pays into FMC's wheelhouse. There's been a lack of like interest in the offshore space ever since 2014. But obviously, the breakeven costs have come down. We're actually in a scenario where onshore production is flat to potentially declining in a few years. And I just wanted to get FMC's overall view of the offshore market. One other side note is last week or 10 days ago, we marketed Seadrill as they were coming back to the board overseas in European trading.
And when I got through quest to fill the schedule, I was like, oh no, I don't know if I'll be able to do this, but surprisingly, there was a decent amount of interest we filled 2 days.
Questions and Answers:
Unidentified Analyst -So with that, Doug, any kind of
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