NATURAL GAS IN NORWAY

Size: px
Start display at page:

Download "NATURAL GAS IN NORWAY"

Transcription

1 NATURAL GAS IN NORWAY Jón Steinar Guðmundsson TPG 4140 Natural Gas August 29, 2012 Resources, licenses, operatorship and gas production State/authorities management and ownership Infrastructure offshore and on land

2 Oil and gas exporters (!) 2008

3

4

5

6

7

8

9 Receiving and processing terminals Kårstø, larges terminal, receives gas and condensate, processes and compresses for transport to Europe. Combined cycle gas fired power plant. Kollsnes, receives gas from Troll, processes and compresses for transport to Europe. Compressors driven by hydroelectricity. Mongstad, refinery, shuttle tankers arrive with crude oil, also by pipeline. Combined gas as fired power plant. Sture, receives oil and condensate from offshore fields. Nyhamna, receives gas from Ormen Lange field, processes and compresses for transport to United Kingdom (mainly). Facility uses hydroelectricity, but has gas fired back-up. Tjeldbergodden, receives gas from Heidrun field (and some from others), produces liquid methanol. Facility uses hydroelectricity, but has gas fired back-up. Melkøya, recives gas from Snøhvit field, produces LNG for export by ship. Facility receives electricity for compressors and process from own gas fired power plants.

10 Kårstø and Kollsnes (2012)

11 (2012) Mongstad and Sture

12 Nyhamna and Tjeldbergodden (2012) & (2012)

13 Snøhvit, Melkøya and Hammerfest (2012)

14 Large emissions of carbon dioxide (tonne/year)

15 Emission of CO2 per produced o.e. K. Pedersen, Petoro AS, November 2008, Bodø

16 Subsurface resources Oil and gas resources on NCS owned by the state (the people) The State offers blocks to companies Companies nominate (apply for) blocks MPE issues percentages in blocks (licenses) and operatorship Companies pay 78% (28+50) in tax of generated profit

17 Kristin license (an example) Operator: Statoil ASA Partners (rettighetshavere): Statoil ASA Petoro AS Esso Eni Norge AS Total E&P Norge AS per cent per cent per cent per cent per cent

18 Oil and gas names Ministry of Petroleum and Energy (MPE) Norwegian Petroleum Directorate (NPD) Petroleum Safety Authority (PTIL) Norwegian Climate and Pollution Agency (KLIF) Petoro AS, Statoil ASA, Gassco AS, Gasled JV PDO = Plan for Development and Operation PUD = Plan for utbygging og drift SDFI = State s Direct Financial Interest SDØE = Statens direkte økonomiske engasjement NCS = Norwegian Continental Shelf

19 State s oil and gas MPE state s highest authority NPD state s resources authority PTIL health and safety authority Petoro (100% state owned) largest percentage in licenses on NCS Statoil owned 67% by state

20 Resources and reserves

21

22

23 Petroleum resources

24

25 Lifetime of oil and gas developments Nye funn på sikker og miljømessig forsvarlig måte K. Pedersen, Petoro AS, November 2008, Bodø

26 Historical and forecast production

27 Petroleum production

28 Gas sales

29 Natural Gas Production and Forecast

30 Sales gas from Norwegian fields

31 Production and Forecast

32 Produced fluids NCS

33 Recovery Factor Oil

34 Gas transport system Pipelines and processing facilities at Kårstø and Kollsnes owned by Gassled (from ) Gassled is JV owned by oil and gas companies, including Petoro Gassco responsible for operation of pipelines and processing facilities (from ) Gassco owned 100% by state EU s Gas Directive (separation of production and transport)

35 Gassled s owners Petoro AS 38.46% Statoil Petroleum AS 32.10% Total E&P Norge AS 7.78% Exxon Mobil E&P Norway AS 9.43% A/S Norske Shell 5.43% Norsea Gas AS 2.73% ConocoPhillips Scandinavia AS 2.00% Eni Norge AS 1.53% DONG E&P Norge AS 0.66 Petoro manages the state s ownership in licenses (Statens direkte økonomiske engasjement, SDØE) (38.46x1, x x0.68) = 62% state owned)

36 Infrastructure offhore and on land Production platforms (fixed and floating) and subsea systems (to platforms and subsea-to-beach) Pipelines (flowlines from wells to platforms, transport to land and to the Continent and UK) Receiving and processing terminals (Kårstø, Kollsnes, Sture, Tjeldbergodden, Nyhamna, Melkøya)

37 Investments and exploration cost

38 Investments, exploration costs and operating costs

39 Norway supplies natural gas to continent of Europe and United Kingdom

40

41 Summary Resources and reserves is not the same MPE issues licenses (%) and operatorship In year 2010 oil and gas production equal, measured in o.e State owns Petoro (100%), Statoil (67%) and Gassco (100%) Extensive infrastructure offshore and onland makes Norway 6th larges exporter of oil and 2nd larges in export of gas (not production)

42 FACTS 2011 The Norwegian Petroleum Sector MPE and NPD publish comprehensive and up-dated information about oil and gas in Norway, found on the following link: /

43 FACTS 2011 Norwegian petroleum history >> Framework and organization >> The petroleum sector Norway s largest industry >> Petroleum resources >> Exploration activity >> Development and operations >> Gas export from the Norwegian shelf >> Research in the oil and gas activities >> Environmental considerations in the Norwegian petroleum Sector >> Fields in production >> Fields under development >> Future developments >> Fields where production has ceased >> Pipelines and onshore facilities >>

44 Internet addresses (MPE) Olje- og energidepartementet (NPD) Oljedirektoratet (PSA) Petroleumstilsynet Petoro Statoil Gassco

45 Report about blocks on NCS and presentation with felt lifetime (in Norwegian) Sperstad, C.G. (2011): Petroleumsvirksomhet fra oppstart til avsluttning, Fordypningsemnerapport, NTNU, iv+26 sider, lenk: ring/kompendium/petroleumsvirksomhet.pdf) Pedersen, K. (2008): Muligheter og utfordringer for petroleumsbransjen, Power Point presentasjon, Bodøseminaret, november, 17 sider, lenk:

The Norwegian Model: Evolution, performance and benefits

The Norwegian Model: Evolution, performance and benefits The Norwegian Model: Evolution, performance and benefits Ola Borten Moe Minister of Petroleum and Energy Olje- og energidepartementet regjeringen.no/oed Our largest industry Norwegian Oil and Gas Activities

More information

PIPELINES AND ONSHORE FACILITIES. ruc FACTS 127

PIPELINES AND ONSHORE FACILITIES. ruc FACTS 127 14 PIPELINES AND ONSHORE FACILITIES ruc 2011 FACTS 127 EUROPIPE ll 12 10 8 6 4 2 0 2 4 6 8 62 Norne Skarv Åsgard Heidrun Kristin 66 FAROE ISLANDS Ormen Lange Draugen Njord HALTENPIPE 64 60 58 56 THE ORKNEYS

More information

A reliable gas supplier FACTS

A reliable gas supplier FACTS A reliable gas supplier FACTS At Kollsnes on the Norwegian west coast gas comes ashore for further processing before it is transported in pipelines in Europe. Leading player A leading gas producer Statoil

More information

The Need for a Clean Shelf in Norway

The Need for a Clean Shelf in Norway Maximising value from the NCS through teamwork and technology Pareto 1 September 2004 Sveinung Sletten Vice president external affairs Value analysis SDFI portfolio, 2003 500 400 66 14 26 NPV 7%, mrd kr

More information

Norway. Background. Oil. 1 of 6. Last Updated: August 2011

Norway. Background. Oil. 1 of 6. Last Updated: August 2011 1 of 6 Norway Last Updated: August 2011 Norway provided 12 percent of OECD Europe's crude oil imports and 18 percent of its natural gas imports in 2010. Background Norway, the largest holder of natural

More information

How does gas come to Europe in the future? Development of German-Norwegian gas sales and transport systems.

How does gas come to Europe in the future? Development of German-Norwegian gas sales and transport systems. How does gas come to Europe in the future? Development of German-Norwegian gas sales and transport systems. Oslo, 29 September 2011 Mike Diekmann Senior Vice President Head of Gas Purchase West VNG Verbundnetz

More information

Kårstø. Gas processing plant FACTS

Kårstø. Gas processing plant FACTS Kårstø Gas processing plant FACTS The Kårstø gas processing plant in Nord-Rogaland is the largest of its type in Europe. The installation plays a key role in the transportation and treatment of gas and

More information

Baltic Pipe Polish diversification project

Baltic Pipe Polish diversification project Baltic Pipe Polish diversification project Oil & Gas Department Based on materials from PGNiG S.A. Brussels, February 2008 Risk of Dependency Dependency on one supplier only, creates a high risk in every

More information

The oil fields in the NCS are located in the North Sea, Norwegian Sea, and Barents Sea.

The oil fields in the NCS are located in the North Sea, Norwegian Sea, and Barents Sea. A.2 Norway Volumes of Associated Gas Flared on Norwegian Continental Shelf Norway is a major oil producer, and its oil fields are located offshore in the Norwegian Continental Shelf (NCS). 81 In 2002,

More information

Petroleum Policy Topics

Petroleum Policy Topics Petroleum Policy Topics Erik M. Dugstad Deputy Director General Presentation to OLF Tax Seminar 4th May 2012 Norwegian Ministry of Petroleum and Energy Agenda introduction The White Paper: An industry

More information

Electrification of petroleum installations Commercial justifiable and necessary for the climate

Electrification of petroleum installations Commercial justifiable and necessary for the climate Electrification of petroleum installations Commercial justifiable and necessary for the climate No less than 25 per cent of CO2 emissions in Norway come from petroleum installations on the Norwegian continental

More information

Norsk gass og det skandinaviske energimarked. Thor Otto Lohne, Direktør, Gassco

Norsk gass og det skandinaviske energimarked. Thor Otto Lohne, Direktør, Gassco Norsk gass og det skandinaviske energimarked Thor Otto Lohne, Direktør, Gassco Fyn, 19. november 2009 Gassco A neutral and independent operator for the integrated gas transport system from the Norwegian

More information

Pipelines and land facilities

Pipelines and land facilities Pipelines and land facilities Pipelines Norpipe Frigg Transport Frostpipe Sleipner East condensate Statpipe Zeepipe Europipe I Troll Oil Pipeline I Troll Oil Pipeline II Oseberg Transport System (OSF)

More information

Licensing system in Norway. Steinar Njå Norwegian Petroleum Directorate

Licensing system in Norway. Steinar Njå Norwegian Petroleum Directorate Licensing system in Norway Steinar Njå Norwegian Petroleum Directorate Licensing system in Norway Discretionary system The Government invites companies to apply for exclusive rights to petroleum activities

More information

REPORT 1405. Bjørn G. Bergem, Arild Hervik and Oddmund Oterhals SUPPLIER EFFECTS ORMEN LANGE 2008-2012

REPORT 1405. Bjørn G. Bergem, Arild Hervik and Oddmund Oterhals SUPPLIER EFFECTS ORMEN LANGE 2008-2012 REPORT 1405 Bjørn G. Bergem, Arild Hervik and Oddmund Oterhals SUPPLIER EFFECTS ORMEN LANGE 2008-2012 Bjørn G. Bergem, Arild Hervik and Oddmund Oterhals Supplier effects Ormen Lange 2008 2012 Report 1405

More information

Norwegian Operators Conference 2014. Bernd Schrimpf Managing Director Wintershall Norge AS Stavanger 19 th November 2014

Norwegian Operators Conference 2014. Bernd Schrimpf Managing Director Wintershall Norge AS Stavanger 19 th November 2014 Norwegian Operators Conference 2014 Bernd Schrimpf Managing Director Wintershall Norge AS Stavanger 19 th November 2014 New transaction with Statoil Shares in development project Aasta Hansteen (24%),

More information

NON-PIPELINE TRANSPORT OF NATURAL GAS

NON-PIPELINE TRANSPORT OF NATURAL GAS NON-PIPELINE TRANSPORT OF NATURAL GAS Jón Steinar Gudmundsson TPG4140 NATURGASS NTNU September 16, 2010 Associated Gas Problem World-wide, oil fields cannot be developed unless the associated gas problem

More information

ARCTIC OIL & GAS CHALLENGES AND OPPORTUNITIES UNIS, LONGYEARBYEN, APRIL 12TH, 2016

ARCTIC OIL & GAS CHALLENGES AND OPPORTUNITIES UNIS, LONGYEARBYEN, APRIL 12TH, 2016 ARCTIC OIL & GAS CHALLENGES AND OPPORTUNITIES UNIS, LONGYEARBYEN, APRIL 12TH, 2016 BENGT LIE HANSEN, BLH ENERGY CONSULTING, CHAIRMAN ATT FORMER SENIOR VICE PRESIDENT HYDRO AND PRESIDENT STATOIL RUSSIA,

More information

Natural gas - Gas metering NTNU 3 October 2007

Natural gas - Gas metering NTNU 3 October 2007 Status: Draft Natural gas - Gas metering NTNU 3 October 2007 Endre Jacobsen endre@statoilhydro.com Fiscal metering and field allocation 2 Content Introduction Why and where to measure Commonly used measuring

More information

Topsides, Floaters & Onshore Facilities

Topsides, Floaters & Onshore Facilities Topsides, Floaters & Onshore Facilities KVAERNER PARTNER Kvaerner is a specialised engineering, procurement and construction (EPC) company. As a preferred partner for oil and gas operators, Kvaerner is

More information

The Norwegian Petroleum Directorate Annual Report. Offshore Norway 2001

The Norwegian Petroleum Directorate Annual Report. Offshore Norway 2001 The Norwegian Petroleum Directorate Annual Report Offshore Norway 2001 Preface Norwegian Petroleum Directorate Annual Report Offshore Norway 2 0 0 1 A NEW OIL NORWAY The 2001 oil and gas year was marked

More information

International standardization Arctic Operations (ISO TC67 SC8) Hermod Ole Johansen

International standardization Arctic Operations (ISO TC67 SC8) Hermod Ole Johansen International standardization Arctic Operations (ISO TC67 SC8) Hermod Ole Johansen Classification: Open Content Forming of Arctic Operations (ISO TC67 SC8) Scope for the international subcommittee Arctic

More information

Wintershall Norge ASA Maria Development Project. Maria Åpenbaring - Nytt felt og Nye muligheter i Haltenbanken området

Wintershall Norge ASA Maria Development Project. Maria Åpenbaring - Nytt felt og Nye muligheter i Haltenbanken området Wintershall Norge ASA Maria Development Project Maria Åpenbaring - Nytt felt og Nye muligheter i Haltenbanken området E. Braune/ Norskehavskonferansen Stjørdal 8. mars 2012 1 Wintershall - Core Regions

More information

Background. When the Government Is the Landlord. 1 Norway's oil and gas reserves are all offshore.

Background. When the Government Is the Landlord. 1 Norway's oil and gas reserves are all offshore. Regional Details: Norway In this appendix, we describe the methods the government uses to obtain revenues from oil and gas production in Norway. We present quantitative estimates of revenues as well as

More information

The Norwegian continental shelf - 2005

The Norwegian continental shelf - 2005 The Norwegian continental shelf - 2005 Director General Gunnar Berge The Norwegian Petroleum Directorate, 12 January 2006 Exploration in 2005 Twelve exploration wells started Nine wildcat wells and three

More information

Norsk olje og gass Committee for Licensing Policy Meeting No. 1/2013

Norsk olje og gass Committee for Licensing Policy Meeting No. 1/2013 Norsk olje og gass Committee for Licensing Policy Meeting No. 1/2013 Date: 24 25 January 2013 Venue: Losby Gods Hotel, Lørenskog by Oslo Participants: LPC Members: Andrew Sharp Annelin Norenes Haaland

More information

Operating in a challenging environment. Alv Bjørn Solheim Technical Director and Deputy Managing Director

Operating in a challenging environment. Alv Bjørn Solheim Technical Director and Deputy Managing Director Operating in a challenging environment Alv Bjørn Solheim Technical Director and Deputy Managing Director Wintershall Norge AS Stavanger 18 November Wintershall Norge AS Content The Wintershall company

More information

Norwegian National Allocation Plan for the Emissions Trading System in 2008 2012

Norwegian National Allocation Plan for the Emissions Trading System in 2008 2012 Norwegian National Allocation Plan for the Emissions Trading System in 2008 2012 March 2008 List of Content Summary... 5 Key Figures... 5 PART I: The Norwegian Emissions Trading System 1. Introduction...

More information

Collaboration between Brazil and Norway in the field of oil and gas research and technology and exchange of human resources(bn21)

Collaboration between Brazil and Norway in the field of oil and gas research and technology and exchange of human resources(bn21) Collaboration between Brazil and Norway in the field of oil and gas research and technology and exchange of human resources(bn21) Director general Marit Engebretsen NHO, 23 January 2014 Brazil 25 November

More information

Subsea - a key area for the industry Vekst i vest Florø, 03.10.2013 Johan Kr Mikkelsen. STL-Vekst i Vest-131003-131002.pptx

Subsea - a key area for the industry Vekst i vest Florø, 03.10.2013 Johan Kr Mikkelsen. STL-Vekst i Vest-131003-131002.pptx Subsea - a key area for the industry Vekst i vest Florø, 03.10.2013 Johan Kr Mikkelsen 0 A strategy for superior profitability and growth 1 mill boepd We have a long term perspective on the NCS 4 3 Industrialisation

More information

Tanzania gas project. From discovery to gas sales

Tanzania gas project. From discovery to gas sales Tanzania gas project From discovery to gas sales An emerging gas sector Major gas discoveries have been made offshore Tanzania and the country emerges as a potential large gas producer in East Africa.

More information

Risk management and major accident potential in a safe late phase. Experience from Supervisory Activities.

Risk management and major accident potential in a safe late phase. Experience from Supervisory Activities. Risk management and major accident potential in a safe late phase. Experience from Supervisory Activities. Ingvill Hagesæther Foss Director of supervisory activities Kjell Arild Anfinsen Supervision Coordinator

More information

Minutes of Meeting Norwegian Oil and Gas Branch Board for Oil Companies

Minutes of Meeting Norwegian Oil and Gas Branch Board for Oil Companies Minutes of Meeting Norwegian Oil and Gas Branch Board for Oil Companies Meeting No 1/2013 Date/Time: Thursday 14 March 2013, 9:30 12:00 am Location: Norwegian Oil and Gas offices, Sandnes Present Bayerngas

More information

Net operating income Earnings per share Net income

Net operating income Earnings per share Net income Press release 1 August 2008 Record results and high production StatoilHydro's second quarter 2008, operating and financial review StatoilHydro's second quarter 2008 result was influenced by high production

More information

Statoil (U.K.) Limited 2008 Offshore Environmental Statement

Statoil (U.K.) Limited 2008 Offshore Environmental Statement Statoil (U.K.) Limited 2008 Offshore Environmental Statement 23 March 2009 Statoil (U.K.) Limited Statoil House 11a Regent Street London SW1Y 4ST (until 19 June 2009) Statoil (U.K.) Limited 1 Kingdom Street

More information

Capital efficiency and execution. London, 7 February 2014 Margareth Øvrum, EVP, Technology, projects and drilling

Capital efficiency and execution. London, 7 February 2014 Margareth Øvrum, EVP, Technology, projects and drilling Capital efficiency and execution London, 7 February 2014 Margareth Øvrum, EVP, Technology, projects and drilling Forward-looking statements This presentation material contains certain forward-looking statements

More information

Rex W. Tillerson Chairman and CEO, Exxon Mobil Corporation Offshore Northern Seas 2006 Stavanger, Norway August 22, 2006

Rex W. Tillerson Chairman and CEO, Exxon Mobil Corporation Offshore Northern Seas 2006 Stavanger, Norway August 22, 2006 Rex W. Tillerson Chairman and CEO, Exxon Mobil Corporation Offshore Northern Seas 2006 Stavanger, Norway August 22, 2006 Bridging the Energy Gap through Interdependence and Innovation [Acknowledgements]

More information

Norway s s Commercial CCS Projects

Norway s s Commercial CCS Projects Status: Draft Norway s s Commercial CCS Projects CCS Workshop Tokyo November 19, 2007 Presentation by Dr. Per Christer Lund, Science and Technology Counsellor, Norwegian Embassy in Tokyo on behalf of StatoilHydro

More information

Det norske oljeselskap ASA (DETNOR) - Oil & Gas - Deals and Alliances Profile

Det norske oljeselskap ASA (DETNOR) - Oil & Gas - Deals and Alliances Profile Det norske oljeselskap ASA (DETNOR) - Oil & Gas - Deals and Alliances Profile Det norske oljeselskap ASA (DETNOR) - Oil & Gas - Deals and Alliances Profile Sector Publishing Intelligence Limited (SPi)

More information

INTSOK. Unlocking the High North potential together! The RU-NO Barents Project. Thor Christian Andvik Project Director for Barents Region

INTSOK. Unlocking the High North potential together! The RU-NO Barents Project. Thor Christian Andvik Project Director for Barents Region INTSOK Unlocking the High North potential together! The RU-NO Barents Project Thor Christian Andvik Project Director for Barents Region Novemberkonferansen, Narvik, 7 november 2012 www.intsok.com INTSOK

More information

STATOIL S FOURTH QUARTER OPERATING AND FINANCIAL REVIEW AND PRELIMINARY FULL-YEAR RESULTS FOR 2002

STATOIL S FOURTH QUARTER OPERATING AND FINANCIAL REVIEW AND PRELIMINARY FULL-YEAR RESULTS FOR 2002 STATOIL S FOURTH QUARTER OPERATING AND FINANCIAL REVIEW AND PRELIMINARY FULL-YEAR RESULTS FOR Net income for the Statoil group in was NOK 16.8 billion compared with NOK 17.2 billion in. In the fourth quarter

More information

Master s degree thesis

Master s degree thesis Master s degree thesis LOG950 Logistics An analysis of the planning horizon for logistics activities at the Heidrun Offshore Installation Nikolai Vedde Brathaug Øyvind Sagbakken Number of pages including

More information

Statoil s Gas Business. Jan Rune Schøpp, SVP, Natural Gas - Strategy and Analysis Oslo, 17 November 2009

Statoil s Gas Business. Jan Rune Schøpp, SVP, Natural Gas - Strategy and Analysis Oslo, 17 November 2009 Statoil s Gas Business Jan Rune Schøpp, SVP, Natural Gas - Strategy and Analysis Oslo, 17 November 2009 A challenging gas market Reduced UK industrial demand, similar reductions through out Europe Increased

More information

Oil and gas fields in norway Industrial Heritage plan

Oil and gas fields in norway Industrial Heritage plan survey of all the areas, fields and installations on the Norwegian continental shelf. It also describes developments in these waters since the 1960s, including why Norway was able to become an oil nation,

More information

Economic commentaries

Economic commentaries No. 4 2013 Economic commentaries Monetary Policy The effect of a fall in oil prices on the turnover of Norwegian enterprises An analysis based on Norges Bank s regional network By Anna Sandvig Brander,

More information

How To Profit From Oil And Gas

How To Profit From Oil And Gas 2 nd Quarter 2015 Torgrim Reitan, CFO Second quarter 2015 Encouraging results in current market environment Efficiency improvements coming through Solid operational performance Strong cash flow and reduced

More information

BOUNDARY DAM CCS CROSSES THE FINISH LINE. October 2014

BOUNDARY DAM CCS CROSSES THE FINISH LINE. October 2014 Bellona Europa europe@bellona.org Rue d Egmont 15 +32 (0)2 648 31 22 1000 Brussels www.bellona.org BOUNDARY DAM CCS CROSSES THE FINISH LINE October 2014 Canadians can be proud of the Boundary Dam CCS facility,

More information

OG21 - Oil and Gas in the 21st Century for the 21st Century Strategy DoCument

OG21 - Oil and Gas in the 21st Century for the 21st Century Strategy DoCument OG21 - Oil and Gas in the 21st Century Norway s Technology Strategy for the 21st Century Strategy DoCument Oil and gas for the 21 st Century og21 c/o The research council of norway stensberggata 26 PO

More information

Det norske oljeselskap ASA

Det norske oljeselskap ASA Det norske oljeselskap ASA The Nomination Committee s proposal to the Annual General Meeting to be held 19 April, 2012 The Nomination Committee hereby proposes the following: 1.1. Board of Directors. The

More information

Annual report on Form 20-F 2008

Annual report on Form 20-F 2008 Annual report on Form 2F 28 Annual Report on Form 2F 1 Introduction 1 1.1 Frontpage 1 1.2 Key figures 3 1.3 About the report 4 1.4 Financial highlights 4 1.5 Important events in 28 5 2 Business overview

More information

Improving pre-operational production efficiency estimates

Improving pre-operational production efficiency estimates Improving pre-operational production efficiency estimates ESRA seminar 28 th January 2015 Classification: Internal Production efficiency (PE) 100% Estimated production loss PE Production efficiency (PE)

More information

The Competitive Edge. The Foundation For Competing

The Competitive Edge. The Foundation For Competing Passion - Creativity - Innovation - Initiative - Intellect - Dedication - Compliance - The Competitive Edge The Foundation For Competing Statoil s Subsea Technology Strategy, with selected technology challenges

More information

An industry for the future Norway s petroleum activities

An industry for the future Norway s petroleum activities Storting White Paper 28 (2010 2011) Unofficial translation of Chapter 1 An industry for the future Norway s petroleum activities 1 Objective and summary 1.1 Objective Norway s petroleum resources belong

More information

- Translation from Norwegian -

- Translation from Norwegian - Page 1 of 63 Guidelines for plan for development and operation of a petroleum deposit (PDO) and plan for installation and operation of facilities for transport and utilisation of petroleum (PIO). 4 February

More information

Status og utsikter for norsk sokkel

Status og utsikter for norsk sokkel Status og utsikter for norsk sokkel Marknadskreftene rår «Oljetrykket» Seminar i regi av DNB og Næringsforeningen i Stavanger-regionen Stavanger, 2. mars 214 Klaus Mohn, professor of petroleum economics

More information

Oljen og norsk økonomi

Oljen og norsk økonomi Oljen og norsk økonomi Etter festen kjem testen Klaus Mohn, Professor University of Stavanger Business School http://www.uis.no/mohn Twitter: @Mohnitor Frokostseminar, Samfunnsøkonomene Oslo, 13 May 215

More information

Facts about gas physical properties

Facts about gas physical properties Facts about gas physical properties Gas as fuel for propulsion of ships status and perspectives Ingeniørhuset, 3. March 2008 By Asger Myken, DONG Energy DONG Energy 2 Agenda Basic information on gas types

More information

FIELDS UNDER DEVELOPMENT. Ga p fr FACTS 111

FIELDS UNDER DEVELOPMENT. Ga p fr FACTS 111 11 FIELDS UNDER DEVELOPMENT n Ga p fr 2011 FACTS 111 0 10 20 G 30 Blo pro Goliat 70 Hammerfest 70 Dis Dev Ope Lice Rec Tromsø Exp As o Bodø 65 Dev No The me ins Marulk Skarv 65 Trondheim Res and the Jur

More information

Offshore Forum. How can we optimise off/onshore cost and operation? 28 May 2014

Offshore Forum. How can we optimise off/onshore cost and operation? 28 May 2014 Offshore Forum How can we optimise off/onshore cost and operation? 28 May 2014 Doc. No. 14/06209-11 28 May 2014 Offshore Forum 1 Introduction Søren Juel Hansen sjh@energinet.dk Tel: (+45) 23 33 87 44 28

More information

Translation from the original Norwegian version November 2013

Translation from the original Norwegian version November 2013 Translation from the original Norwegian version November 2013 Extractive Industries Transparency Initiative Reconciliation of cash flows from the petroleum industry in Norway 2012 Table of contents Executive

More information

Subsea processing. Oslo 8. September 2011 Håvard Eidsmoen, Statoil 2011-08-11

Subsea processing. Oslo 8. September 2011 Håvard Eidsmoen, Statoil 2011-08-11 Subsea processing Oslo 8. September 2011 Håvard Eidsmoen, Statoil Content Introduction/Motivation Why subsea processing? Overview of technologies, applications and examples Boosting Separation Compression

More information

The Norwegian Experience

The Norwegian Experience The Norwegian Experience Jerusalem, January 23 rd 2012 www.agr.com 1 About the presenters Eivind Reiten Chairman AGR CEO Hydro from 2001 to 2009 Minister of Oil & Energy from 1989 to 1990 Minister of Fishery

More information

3. Other Measures 12 3.1 Demand Restraint 12 3.2 Other measures 13

3. Other Measures 12 3.1 Demand Restraint 12 3.2 Other measures 13 OVERVIEW 3 1. Energy Outlook 4 2. Oil 5 2.1 Market Features and Key Issues 5 2.2 Oil Supply Infrastructure 8 2.3 Decision-making Structure for Oil Emergencies 10 2.4 Stocks 11 3. Other Measures 12 3.1

More information

PRESS KIT IVAR AASEN DET NORSKE OLJESELSKAP ASA

PRESS KIT IVAR AASEN DET NORSKE OLJESELSKAP ASA PRESS KIT IVAR AASEN DET NORSKE OLJESELSKAP ASA Table of content 1. INTRODUCTION... 2 1.1. Purpose of document... 2 1.2. Det norske oljeselskap... 2 1.3. HSE... 2 2. ABOUT THE IVAR AASEN FIELD... 2 2.1.

More information

Direkte elektrisk røroppvarming

Direkte elektrisk røroppvarming Extending the life of the fields Direkte elektrisk røroppvarming Siemens 27. mars 2014 Stig Indrebø Principle engineer ( hentet foiler fra Atle Børnes, Statoil fra nettet) 2014 Aker Solutions Slide 1 March

More information

Conference; Cold Climate Technology (ICCCT) in Narvik, 27 28 May 2014 «Regional specific challenges in the Barents Sea»

Conference; Cold Climate Technology (ICCCT) in Narvik, 27 28 May 2014 «Regional specific challenges in the Barents Sea» Conference; Cold Climate Technology (ICCCT) in Narvik, 27 28 May 2014 «Regional specific challenges in the Barents Sea» Knut Aaneland North Energy ASA Presentation Overall perspectives Security of supplies

More information

SNAP CODE: 090206. SOURCE ACTIVITY TITLE: Flaring in Gas and Oil Extraction NOSE CODE: 109.03.14

SNAP CODE: 090206. SOURCE ACTIVITY TITLE: Flaring in Gas and Oil Extraction NOSE CODE: 109.03.14 SNAP CODE: 090206 SOURCE ACTIVITY TITLE: WASTE INCINERATION Flaring in Gas and Oil Extraction NOSE CODE: 109.03.14 NFR CODE: 1 B 2 c 1 ACTIVITIES INCLUDED Flaring is gas combusted without utilisation of

More information

Late Summer School 2005

Late Summer School 2005 Late Summer School 2005 Norwegian priorities in CO 2 Capture and Storage Bilateral Agreement USA - Norway Presented by Trygve U. Riis, Program coordinator, The Research Council of Norway Trondheim, October

More information

Outline of presentation. Prosjekt 2005 Mulighetenes arena Lillestrøm 12 oktober 2005

Outline of presentation. Prosjekt 2005 Mulighetenes arena Lillestrøm 12 oktober 2005 Prosjekt 2005 Mulighetenes arena Lillestrøm 12 oktober 2005 Kommunikasjon i og rundt prosjektene; prosjektvalg og prioriteringer Tom Munkejord Vetco Outline of presentation Introduction to Vetco Subsea

More information

Integrated Lifecycle Assets Planning (ILAP) standard. ILAP project team 2 September, 2013

Integrated Lifecycle Assets Planning (ILAP) standard. ILAP project team 2 September, 2013 Integrated Lifecycle Assets Planning (ILAP) standard ILAP project team 2 September, 2013 The Integrated Lifecycle Assets Planning (ILAP) standard 1. The ILAP project 2. What is the ILAP standard? 3. Who

More information

ANNUAL Financial statements 20-F. 4th quarter 2013

ANNUAL Financial statements 20-F. 4th quarter 2013 ANNUAL Financial statements REPORT and review /2012 /2013 20-F 4th quarter 2013 2013 FOURTH QUARTER RESULTS Statoil's fourth quarter and preliminary 2013 results and capital markets update Statoil's fourth

More information

PART I THE NORWEGIAN EMISSIONS TRADING SYSTEM

PART I THE NORWEGIAN EMISSIONS TRADING SYSTEM Norwegian National Allocation Plan for the emissions trading system in 2008-2012 Summary The Norwegian National Allocation Plan (NAP) sets out the framework for the allocation to installations obliged

More information

A new paradigm in real-time integrated environmental monitoring

A new paradigm in real-time integrated environmental monitoring A new paradigm in real-time integrated environmental monitoring 1 The Biota Guard system in operation ( Photo: Vidar Skålevik ) Biota Guard a new paradigm in real-time environmental effect monitoring Biota

More information

Technical Integrity Management Programme (TIMP)

Technical Integrity Management Programme (TIMP) Technical Integrity Management Programme (TIMP) From TIMP to TIMP KPI December 12, 2011 Ingbjørn Refsdal This material is not to be reproduced without the permission of Statoil ASA From TIMP to TIMP KPI

More information

System 800xA Full-scale simulation for Full Gas

System 800xA Full-scale simulation for Full Gas Project Report System 800xA Full-scale simulation for Full Gas Photo: Peter Tubaas The Ormen Lange project commenced production on 1 October 2007. It will be able to supply 20 percent of Britain s gas

More information

To enable transport of wellstream over long distances. Compressor located by the wellheads.

To enable transport of wellstream over long distances. Compressor located by the wellheads. 487 subsea wells Subsea compression is increase of gas wellstream pressure by means of a compressor: To enhance reservoir recovery reducing the back-pressure on the reservoir To enable transport of wellstream

More information

Goliat Barrier Management

Goliat Barrier Management Goliat Barrier Management ESRA Norge; March 25, 2015 www.eninorge.com Eni: Ole Rekdal Safetec: Helene Ness Hansen PL 229 Goliat Location and Partnership License awarded in 1997 Present licensees Eni Norge

More information

Q4 2007. Presentation Oslo 15 February 2008 The Norwegian Shipping Club

Q4 2007. Presentation Oslo 15 February 2008 The Norwegian Shipping Club Q4 2007 Presentation Oslo 15 February 2008 The Norwegian Shipping Club Kaare M. Gisvold, Chairman of the Board Erik Haugane, CEO Paul Hjelm-Hansen, CFO Disclaimer This presentation may contain certain

More information

ORMEN LANGE OG NYHAMNA Regionale, nasjonale og globale dimensjoner

ORMEN LANGE OG NYHAMNA Regionale, nasjonale og globale dimensjoner ORMEN LANGE OG NYHAMNA Regionale, nasjonale og globale dimensjoner JazzGass 2013 Monika Hausenblas Vice President Norway, Shell Upstream International 1 CAUTIONARY NOTE The companies in which Royal Dutch

More information

TECHNIP IN NORWAY GENERAL PRESENTATION

TECHNIP IN NORWAY GENERAL PRESENTATION TECHNIP IN NORWAY GENERAL PRESENTATION Technip Technip Among the top five major players in the field of oil, gas and petrochemical engineering, construction and services Global corporation with entities

More information

The Norwegian Government Pension Fund Global

The Norwegian Government Pension Fund Global The Norwegian Government Pension Fund Global l Tore Eriksen Paris 1 June 2012 1 Part I The Role of oil & gas in the Norwegian economy 2 Discovery of oil on December 23. 1969; the Ekofisk oil field Foto:

More information

Promotion of energy efficiency and renewable energy experiences from Norway

Promotion of energy efficiency and renewable energy experiences from Norway Business planning of Renewable Energy and Energy Efficiency Projects in Ukraine and Eastern Europe Kiev 28. April 2011 Promotion of energy efficiency and renewable energy experiences from Norway Hans Borchsenius

More information

Norwegian Energy Production and Consumption

Norwegian Energy Production and Consumption Norwegian Energy Production and Consumption Peter Føllesdal Brown Assistant Director General Energy and Water Resources Department, MPE Oslo, 13 May 2015 Norway and EU Commissioner Miguel Arias Cañete

More information

Meeting Call OLF branch board for oil companies No 1/2012

Meeting Call OLF branch board for oil companies No 1/2012 Meeting Call OLF branch board for oil companies No 1/2012 Date: Thursday 15 th of March 2012 Venue: OLF s offices in Sandnes, Vassbotnen 1 Time: 09:30 11:45 hrs. Agenda FOR RESOLUTION 1. Approval of minutes

More information

THE DELTON GROUP MANPOWER TRAINING CONSULTANCY SHORT COURSE PROGRAMME TOPICS LISTING

THE DELTON GROUP MANPOWER TRAINING CONSULTANCY SHORT COURSE PROGRAMME TOPICS LISTING THE DELTON GROUP MANPOWER TRAINING CONSULTANCY SHORT COURSE PROGRAMME TOPICS LISTING Delton Short Course Programmes English Language Technical English Language English Language for the Oil Industry Oil

More information

2006 Highlights. Main figures

2006 Highlights. Main figures 6 Annual Report 2006 2 Main figures NOK million unless other unit indicated 2006 2005 2004 Operating revenues 196,234 171,231 151,026 Operating income Oil & Energy 46,253 43,451 31,144 Operating income

More information

SWEDBANK SUMMIT. Det norske presentation. Oslo, 20 March 2014

SWEDBANK SUMMIT. Det norske presentation. Oslo, 20 March 2014 SWEDBANK SUMMIT Det norske presentation Oslo, 20 March 2014 Building a company for the future Strong production growth Current production ~4,000 boepd (Jette, Atla, Jotun, Varg) Ivar Aasen and Johan Sverdrup

More information

Marin gas logistics. Bergen

Marin gas logistics. Bergen Marin gas logistics Work package 5 Harbour studies Bergen This study is part of the MAGALOG project and supported by 1 Bergen harbour Bergen Harbour, covering also the nearby harbours of Sotra, Øygarden

More information

Perspectives on Upstream, Midstream and Greenstream Integration

Perspectives on Upstream, Midstream and Greenstream Integration Perspectives on Upstream, Midstream and Greenstream Integration Maximising Recovery, Utilisation and Green Values in the Transport Systems Søren Juel Hansen sjh@energinet.dk +45 23 33 87 44 1 Maximising

More information

Subsea Standard & Rules What is Subsea?

Subsea Standard & Rules What is Subsea? Subsea Standard & Rules What is Subsea? MEK4450 Standards and Rules Bjørn Søgård, Anders Husby Goals General knowledge of subsea development and production systems Understand the building blocks forming

More information

Forsikring av offshoreprosjekter Foreleser: Harry Nilsen, Norsk Hydro

Forsikring av offshoreprosjekter Foreleser: Harry Nilsen, Norsk Hydro Forsikring av offshoreprosjekter Foreleser: Harry Nilsen, Norsk Hydro Ettertrykk er kun tillatt etter avtale med foreleser og Tekna Hydro Oil & Energy Erfaringer vedr. utviklingen av forsikringspremier

More information

Fields under development

Fields under development Fields under development Oseberg South Tune Huldra Gullfaks satellites phase II Snorre II Sygna Oseberg South Blocks and Block 30/9 production licence 079.Awarded 1982. production licences Block 30/9 production

More information

ANNUAL REPORT AND ACCOUNTS 1997

ANNUAL REPORT AND ACCOUNTS 1997 ANNUAL REPORT 97 AND ACCOUNTS 1997 Den norske stats oljeselskap a.s - Statoil - was founded in 1972. All its shares are owned by the Norwegian state. The company s object is, either by itself or through

More information

Nigeria: A market for the Danish offshore industry? Seminar. Peter Blach, Offshore Center Danmark Tuesday, March 11th 2008 at Offshore Center Danmark

Nigeria: A market for the Danish offshore industry? Seminar. Peter Blach, Offshore Center Danmark Tuesday, March 11th 2008 at Offshore Center Danmark Nigeria: A market for the Danish offshore industry? Seminar Peter Blach, Offshore Center Danmark Tuesday, March 11th 2008 at Offshore Center Danmark 1 The Nigerian Oil Industry Nigerian Oil Industry: Introduction

More information

South Hook Gas Company Ltd is a London-based liquefied natural gas (LNG) import company, which owns and manages the regasification

South Hook Gas Company Ltd is a London-based liquefied natural gas (LNG) import company, which owns and manages the regasification Energy for growth South Hook Gas Company Ltd is a London-based liquefied natural gas (LNG) import company, which owns and manages the regasification capacity and the gas supply from the South Hook LNG

More information

Conventional Oil and Gas Technologies

Conventional Oil and Gas Technologies Conventional Oil and Gas Technologies HIGHLIGHTS PROCESS AND TECHNOLOGY STATUS Oil and gas technologies include the exploration and development of oil and gas fields, and production processes. Over the

More information

INTSOK. The Oil & Gas Industry Arctic Challenges and Regional Development in North West Russia. The RU-NO Barents Project

INTSOK. The Oil & Gas Industry Arctic Challenges and Regional Development in North West Russia. The RU-NO Barents Project Arctic Dialogue 2013 Bodø 21 st of March 2013 INTSOK The Oil & Gas Industry Arctic Challenges and Regional Development in North West Russia The RU-NO Barents Project Thor Christian Andvik Project Director

More information

The role of technology and knowhow in the sector

The role of technology and knowhow in the sector The role of technology and knowhow in the sector Japan-Norway Maritime Offshore Technology Seminar Henrik O. Madsen Numerous drivers for new and improved technology in the Maritime Offshore sector Developments

More information

Norwegian offshore wind clusters

Norwegian offshore wind clusters Norwegian offshore wind clusters Dr. scient. Kristin Guldbrandsen Frøysa, CMR kristin@cmr.no Slide 1 / 27-Sep-13 Arena Norwegian Offshore Wind September 2013 Arena Norwegian Offshore Wind Arena NOW is

More information

Oil and Natural Gas Analysis at Norges Bank. Pål Winje ( International Department), workshop on modeling and forecasting oil prices, 22 March 2012

Oil and Natural Gas Analysis at Norges Bank. Pål Winje ( International Department), workshop on modeling and forecasting oil prices, 22 March 2012 Oil and Natural Gas Analysis at Norges Bank Pål Winje ( International Department), workshop on modeling and forecasting oil prices, 22 March 212 The Norwegian Petroleum Sector as a Share of Macroeconomic

More information