Norwegian Operators Conference Bernd Schrimpf Managing Director Wintershall Norge AS Stavanger 19 th November 2014
|
|
- Gabriel Greene
- 8 years ago
- Views:
Transcription
1 Norwegian Operators Conference 2014 Bernd Schrimpf Managing Director Wintershall Norge AS Stavanger 19 th November 2014
2 New transaction with Statoil Shares in development project Aasta Hansteen (24%), Asterix (19%), Polarled (13.2%) Increased shares in producing fields Gjøa (20%) and Vega (54.5%) Proposed transfer of operatorship of Vega Production increase to >60,000 boe/d Equity in four exploration licenses (10%) AMI APA 2015 in Vøring Basin Continuation of EOR cooperation Transaction value 1.25 bil $ plus 50 mil $ Picture: Statoil ASA contingent payment if Aasta Hansteen delivered according to plan 2
3 Vega - transfer of operatorship Transfer of operatorship Q1/2015 Agreement framework secure continuity of operations and organisational capacity Secondment of personnel Technical Service Agreement for 12 months Transition services may be called upon by Wintershall A series of contracts are to be transferred / continued 3
4 Statoil transaction rationale Profitable growth in a stable North West European country and portfolio balance 2P / 2C reserves of about 170 mmboe Expanding operatorships as new Operator on Vega - Further build NCS operator capabilities - Develop Norway Centre of Excellence for operation of subsea installations Aasta Hansteen - Major new development on the NCS - New hub in Vøring - Gas to Europe Asterix adding production from 2021/2022 Further build on strategic partnership with Statoil 4
5 Exploration activities 2014/2015 Norwegian Sea APA 2013 Norwegian Sea : 3 licenses (1 operatorship) Barents Sea : 1 license (operator) Barents Sea PL611 Kvalross well in 2015/2016 PL768 2D seismic acquired
6 Exploration activities 2014/2015 cont. APA licenses (3 operatorships) Knarr Vega PL418 Skarfjell South App ST Transocean Arctic Gjøa Skarfjall Veslefrikk Seismic Brage 3D Brage 6 Edvard Grieg Yme
7 Field developments and producing fields Operated developments: Maria (50%) Skarfjell (35%) Rodriquez/Solberg (35%) Brage North (35.2%) Non-operated developments: Yme (10%) Astero (25%) Edvard Grieg (15%) Luno 2 (15%) Knarr (20%) Ivar Aasen (6.5%) Asta Hansteen (24%) Polarled (13.2%) Asterix (19%) Producing Fields: Brage (35.2% - operated) Vega (54.5% - operated) Gjøa (20%) Veslefrikk (4.5%) 7
8 Investments on Brage We are fighting for every barrel Planned average production: 14,700 boe/d Two new wells in 2015 could increase production Main focus on drilling, maintenance and modifications New contract awards in 2016 Shares: Wintershall (operator): % Talisman Energy: % Faroe Petroleum: % Core Energy: % VNG Norge: 4.44 % 8
9 Brage opportunities Subsea template Brage North
10 Maria development project overview Wintershall operator (50%) Maria oil discovery August 2010 Drilled appraisal well million barrels of oil 2 billion Sm3 of gas Water depth: 300m Working towards PDO submittal Production start up
11 Maria Development Contracts Conceptual Model Contract awards: FMC Contract subsea equipment (awarded) Kristin Mod EPCI (Statoil) Heidrun Mod EPCI (Statoil) Pipelines and subsea construction Heidrun/Kristin riser installation (Statoil) Rig contract 11
12 Skarfjell location and history Wintershall operator (35%) PL 418 awarded in located in Quadrant 35 North of the Troll Field South-West of the Gjøa Field Discovery Well April 2012 Successful Northern Appraisal Well in 2013 Successful Southern Appraisal Well in 2014 Volume range million boe Oil / condensate range million Sm3 Gas range 8 15 billion Sm3 Water depth: 360 m 12
13 Development Project Status Development project team established Development screening studies finalised Technically and economically feasible tie-back and stand-alone concepts identified Artificial lift (gas lift) and water injection Joint development with other discoveries also studied and regarded feasible DG1 passed 21 st August
14 Personnel development - NCS * Employees includes onshore and offshore employees 14
15 New office building in Stavanger in 2016 Foto: Statoil ASA
16 Achievements Operator on Brage and Vega Wintershall among top 10 producers on NCS Production increase in 2015 from 40,000 to 60,000 boe/d Two major asset deals with Statoil in 2012 and 2014 Investments in exploration and development activities of more than two billion Euros by 2015 More than 50 licenses on the NCS - operating over 50% Present in the North Sea, Norwegian Sea and Barents Sea Half of global exploration budget comes to NCS Taking discoveries to production as operator - Maria, Skarfjell and Brage North Top HSE performance New purpose-built office in Stavanger in
17 17
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 informationOMV (NORGE) AS Growth on the NCS NOC-Conference, November 20, 2014
OMV (NORGE) AS Growth on the NCS NOC-Conference, November 20, 2014 OMV Exploration & Production Content Introduction - OMV at a glance OMV (Norge) AS Overview & Portfolio Growth & Production Wisting Status
More informationWintershall 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 informationDet norske a new large independent. Odd Ragnar Heum, Det norske oljeselskap ASA
Det norske a new large independent Odd Ragnar Heum, Det norske oljeselskap ASA A new large independent Who we are... How we will operate A fully fledged O&G company Among the largest European Independents
More informationSWEDBANK 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 informationPresentation for the fourth quarter 2012
Presentation for the fourth quarter 2012 Disclaimer All presentations and their appendices (hereinafter referred to as Investor Presentations ) published on www.detnor.no have been prepared by Det norske
More informationPRESS 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 informationQ4 2014 Presentation. Karl Johnny Hersvik, CEO Alexander Krane, CFO. 25 February 2015
Q4 2014 Presentation Karl Johnny Hersvik, CEO Alexander Krane, CFO 25 February 2015 DET NORSKE Highlights Acquisition of Marathon Oil Norge AS completed Operations Total production of 62.6 mboepd in Q4
More informationEdvard Grieg Anders Henriksson, Lundin Petroleum Prosjektleder. www.lundin-norway.no
Edvard Grieg Anders Henriksson, Lundin Petroleum Prosjektleder Lundin Petroleum Asset overview Lundin Norway AS Established on the NCS in 2004 by the purchase of the DNO portfolio in Norway Core staff
More informationQ1 Presentation. CEO Karl Johnny Hersvik CFO Alexander Krane Oslo, 30 April 2014
Q1 Presentation CEO Karl Johnny Hersvik CFO Alexander Krane Oslo, 30 April 2014 A company set for further growth Highlights since the fourth quarter Johan Sverdrup Concept selection announced Estimated
More informationAcquisition of Marathon Norge Press & Analyst conference. CEO Karl Johnny Hersvik June 2, 2014
Acquisition of Marathon Norge Press & Analyst conference CEO Karl Johnny Hersvik June 2, 2014 Creation of a strong Norwegian E&P company Combined net production of 84 mboepd 1 and estimated 2P reserves
More informationNCS on track. London, 7 February, 2013 Øystein Michelsen, Executive Vice President, Development and Production Norway
NCS on track London, 7 February, 213 Øystein Michelsen, Executive Vice President, Development and Production Norway Successful strategy execution Continue portfolio management to enhance value creation
More informationDet 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 informationAgenda. Det norske always moving forward Ivar Aasen project learning points Field development what will it take? Observations
Agenda Det norske always moving forward Ivar Aasen project learning points Field development what will it take? Observations DET NORSKE Concentrated in two core areas Utsira High Greater Alvheim area GREATER
More informationLundin Petroleum. Corporate Presentation. June 2016. .16 03 Jun 16. Lundin Petroleum
Corporate Presentation June 2016.16 03 Jun 16 1 Europe s Largest Independent E&P Company Reserves Contingent Resources 716 MMboe (1) 386 MMboe 2016 Production Guidance 65,000 75,000 boepd (1) Strong balance
More informationDecember 2007 Update
December 2007 Update Det norske oljeselskap ASA covers all of Norway Det norske License trade E&P E&P Exploration Stavanger Oslo Trondheim Harstad 3 employees 25 employees 43 employees 10 employees Present
More informationSecond quarter results 2013
Corporate presentation 19 June 2013 Second quarter results 2013 Sverre Skogen, Executive Chair Øyvind Bratsberg, COO and General Manager Alexander Krane, CFO Company highlights Cash flow from growing production
More informationCompany Presentation. 5 February 2016
Company Presentation 5 February 2016 Faroe overview Introduction Faroe s exploration-led and production-backed strategy is delivering exceptional results Material exposure to Norwegian exploration upside
More informationYEAR END REPORT 2015 Lundin Petroleum AB (publ) company registration number 556610-8055
YEAR END REPORT 2015 Lundin Petroleum AB (publ) company registration number 556610-8055 1 Highlights Twelve months ended 31 December 2015 (31 December 2014) Production of 32.3 Mboepd (23.8 Mboepd) 1 Revenue
More informationReport for third quarter 2007 Norwegian Energy Company ASA
Report for third quarter 2007 Norwegian Energy Company ASA Highlights Noreco Group s had operating revenues of 392 MNOK, earnings before interests, tax, depreciation and amortization (EBITDA) of 120 MNOK
More informationNet 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 informationLundin Petroleum. Corporate Presentation. March 2016. Lundin Petroleum. WF12176 p1 02.16
Corporate Presentation March 2016 WF12176 p1 02.16 1 Europe s Largest Independent E&P Company Reserves 685 MMboe Contingent Resources 386 MMboe 2016 Production Guidance 60,000 70,000 boepd Strong balance
More informationCompany Presentation. November 2015
Company Presentation November 2015 Faroe overview Introduction Faroe s exploration-led and production-backed strategy is delivering exceptional results Material exposure to Norwegian exploration upside
More informationThe 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 informationRisk 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 informationREPORT 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 informationThe 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 informationReport for the THREE MONTHS. ended 31 March 2015. Lundin Petroleum AB (publ) company registration number 556610-8055
Report for the THREE MONTHS ended 31 March 2015 Lundin Petroleum AB (publ) company registration number 556610-8055 1 Highlights Three months ended 31 March 2015 (31 March 2014) Production of 25.8 Mboepd
More informationCompany Presentation. September 2015 Meeting PSA 13 May 2015
Company Presentation September 2015 Meeting PSA 13 May 2015 Faroe overview Introduction Faroe s exploration-led and production-backed strategy is delivering exceptional results Significant recent exploration
More informationCapital 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 informationThe 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 informationCopenhagen 3 rd April 2014. ABGSC s Small and Mid Cap Seminar
Copenhagen 3 rd April 2014 ABGSC s Small and Mid Cap Seminar DISCLAIMER This presentation includes statements regarding future results, which are subject to risks and uncertainties. Consequently, actual
More information* Noreco First quarter 2010
First quarter 2010 * Report for the first quarter 2010 Norwegian Energy Company ASA 1 Report for the first quarter 2010 Norwegian Energy Company ASA Highlights All eight fields are now in production.
More informationFIELDS 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 informationNorwegian Energy Company ASA - A Report of Q3 2007
Norwegian Energy Company ASA Presentation of Q3 2007 23 November 2007 Important information The information included herein contains certain forward-looking statements that address activities, events or
More informationNATURAL GAS IN NORWAY
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
More informationPareto E&P Independents Conference January 17th 2008, The Soho Hotel, London. Erik Haugane, CEO
Pareto E&P Independents Conference January 17th 2008, The Soho Hotel, London Erik Haugane, CEO All presentations and their appendices (hereinafter referred to as Investor Presentations ) published on www.detnor.no
More informationNoreco is an oil and gas. company in the. North Sea North Sea
is an oil and gas company in the North Sea North Sea Report for second quarter and half year 2008 Highlights Strongest quarterly results so far, with operating revenues of NOK 639 million, EBITDA of NOK
More informationQ4 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 informationThird quarter results 2014
Third quarter results 2014 Highlights Third quarter 2014 High operational activity H6 rig upgrade completed ahead of time Cooperation with KBR for Sverdrup Study awarded for Subsea on a Stick Order backlog
More informationHow To Get Gas From A Boat
riser_id riser_name operator 373449 10" Oil at ULA PP BP 416111 10" Oil/gas at ULA PP BP 364058 10" Oil/gas at VALHALL FLANKE NORD BP 364069 10" Oil/gas at VALHALL FLANKE SØR BP 429465 10" Oil/gas at VALHALL
More informationARCTIC 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 informationTECHNIP 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 informationLundin Norway Our visions and strategies as a leading company in the Norwegian part of the Barents Sea
Lundin Norway Our visions and strategies as a leading company in the Norwegian part of the Barents Sea by Bernt Rudjord, HSEQ Manager, Lundin Norway AS 1 Joint MARPART-SEBS Conference, Murmansk 9 April
More informationFinancial Presentation First Six Months 2016
Financial Presentation First Six Months Alex Schneiter, President & CEO Mike Nicholson, CFO 3 August WF12209 2 Aug 16 First Six Months Financial Highlights Production (boepd) Average Brent oil price (USD/boe)
More informationFinancial Presentation First Quarter 2016
Financial Presentation First Quarter 2016 Alex Schneiter, President & CEO Mike Nicholson, CFO 11 May 2016 WF12209 10 May 16 First Quarter 2016 Financial Highlights First Quarter 2016 Production (boepd)
More informationThe 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 informationSustainable growth through innovation. Annual Report 2014
Sustainable growth through innovation Annual Report 2014 Overview Our business model 2 Performance 2014 4 Forecast 2015 5 Chief Executive Officer s review C. Ashley Heppenstall 6 Chairman s statement Ian
More information2015 THIRD QUARTER RESULTS
2015 THIRD QUARTER RESULTS Statoil delivered adjusted earnings of NOK 16.7 billion adjusted earnings after tax of NOK 3.7 billion in the third quarter. Statoil reported net income in accordance with IFRS
More informationWorldwide Technip in Norway
Worldwide Technip in Norway The leading subsea EPCI and Facilities Contractor for the Norwegian Continental Shelf Technip at a glance Technip is a world leader in project management, engineering and construction
More informationORKANGER KONFERANSEN 2015
ORKANGER KONFERANSEN 2015 DET NORSKE OG VEIEN VIDERE KARL JOHNNY HERSVIK, CEO DET NORSKE OLJESELSKAP 28 MAI 2015 DET NORSKE Company snapshot Fully-fledged E&P company with ~500 employees with sole focus
More informationDet norske oljeselskap ASA Leverandørdag. November 10 th 2014
Det norske oljeselskap ASA Leverandørdag November 10 th 2014 1 Agenda Registering og kaffe 09.00 09:30 Velkommen og dagens program Lars Petter Hoven HMS Aage Ertsgaard Det norske - et fullt integrert oljeselskap
More informationJP Morgan 7 th annual middle east energy tour
JP Morgan 7 th annual middle east energy tour Dubai, November 11 th, 2009 www.eni.it E&P: sustainable growth Production (kboe/d) 1,737 1,770 1,736 1,797 1,562 1,624 1,472 1,369 1,187 2000 2001 2002 2003
More informationPetroleum 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 informationTanzania 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 informationTechnology services for existing facilities
part of Aker Kristian Risdal SVP C&T MMO 2010 Aker Solutions MMO - Field life solutions 1992 Tie-in 1997 Decommissioning 1999 Satellite tie-in 1998 Platform integrity Statfjord B 2001 Compression modification
More informationMaintech konferansen. Ola Borten Moe 31.3.16
Maintech konferansen Ola Borten Moe 31.3.16 Non-developed resources on NCS 7050 MBO (Resources likely to be developed as classified by NPD) 92 undeveloped discoveries No of fields 35 30 25 970 MBO 11 Barents
More informationDET NORSKE Highlights
DET NORSKE Highlights Production Q4 production of 54.0 mboepd Finance Q4 EBITDA USD 208 million, EPS -0.77 (USD) USD 1.37 billion in cash and undrawn debt facilities Business development Acquisitions of
More informationLundin Petroleum - Norway
1 Lundin Petroleum - Norway WF11073 Analyst Presentation 2 December 2010 2 Norway - Oil Industry Overview WF11073 Analyst Presentation - 2 December 2010 3 NCS Development Trends - Last 10-12 Years Changes
More informationHordaland på børs 19 August 2010. Bergen Group. prepared for international growth. Pål Engebretsen, CEO
Hordaland på børs 19 August 2010 prepared for international growth Pål Engebretsen, CEO DISCLAIMER This quarter Presentation includes and is based, inter alia, on forward-looking information and statements
More informationANNUAL 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 informationThe 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 informationTopsides, 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 informationBuilding a well-funded, full-cycle, exploration led E&P company
Investor Presentation Building a well-funded, full-cycle, exploration led E&P company June 2016 Important Notice This Presentation does not constitute an offer or invitation or a solicitation of any offer
More informationReport Q3 2013 Trondheim, November 1, 2013
Report Q3 2013 Trondheim, November 1, 2013 Q3 2 Table of contents Third quarter summary...4 Summary of financial results and operating performance...5 Financials...6 Field performance and oil prices...6
More informationFor personal use only
ABN 96 009 217 154 14 February 2013 ASX Limited Electronic lodgement Acquisition of Producing Oil Field Xstate Resources Limited (ASX: XST) advises that it has signed a memorandum of understanding ( MOU
More informationOdfjell Drilling Ltd.
Odfjell Drilling Ltd. Report for the 3 rd quarter of 2015 This interim report is unaudited and has been prepared in accordance with IAS 34 Interim Financial Reporting. Key figures for the Group All figures
More informationOperational data First quarter Full year 2010 2009 Change 2009
Press release 5 May 2010 Stronger results in volatile markets Operating and Financial Review Statoil's first quarter 2010 net operating income was NOK 39.6 billion, an 11% increase compared to NOK 35.5
More informationA 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 informationLicensing 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 informationNoreco Q4 2010 17 February 2011
Noreco Q4 2010 17 February 2011 Important information This company presentation (the Presentation ) has been prepared by Norwegian Energy Company ASA ( Noreco or the Company ). The Presentation has not
More informationMOD2013 Muligheter i riggreparasjonsmarkedet Jonn Berget, Westcon Group, 16.03.13
MOD2013 Muligheter i riggreparasjonsmarkedet Jonn Berget, Westcon Group, 16.03.13 1. Short Update Westcon 2. Rig Market 3. Why Westcon? V Business Lines Westcon Group Yards Power & Automation Lifting Techniques
More informationThe cash balance at the end of the third quarter was NOK 340.7 million, a NOK 140.1 million reduction from the end of previous quarter.
Rocksource ASA Third quarter 2011 Rocksource ASA posted a net loss in the third quarter of 2011 of NOK 93.9 million, compared to a loss of NOK 59.0 million in the third quarter of 2010. Exploration expenses
More informationGoliat Produced Water Management
Goliat Produced Water Management Hans Tore Nordbø, Process Engineer, Eni Norge AS Tekna Produced Water Management, 21.01.10-22.01.10, Clarion Hotel Stavanger www.eninorge.no PL229 Goliat location, ownership
More informationStatoil Prevention of Falling Objects Conference How we work, what we look for and what we find
Statoil Prevention of Falling Objects Conference How we work, what we look for and what we find Lars Rodvelt CAN AS Håvard Fosse AAK AS Who is CAN? One of the leading Rope Access Companies 20 years of
More informationINTSOK. 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 informationFaroese Company Registration/VAT No.: 2695/475653 P/F ATLANTIC PETROLEUM
Faroese Company Registration/VAT No.: 2695/475653 P/F ATLANTIC PETROLEUM Year to 31 st December 2012 ATLANTIC PETROLEUM Financial Calendar 2013 15 th March: 2012 Annual Financial Statement 12 th April:
More informationSubsea - 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 informationTALISMAN ENERGY FIRST QUARTER CONFERENCE CALL TRANSCRIPT
TALISMAN ENERGY FIRST QUARTER CONFERENCE CALL TRANSCRIPT John Manzoni, President and CEO Ladies and gentlemen, thank you for joining our call today. As usual, I am joined by the management team here in
More informationStatutory report. in accordance with Norwegian authority requirements
2014 Statutory report in accordance with Norwegian authority requirements Statoil 2015 STATOIL ASA BOX 8500 NO-4035 STAVANGER NORWAY TELEPHONE: +47 51 99 00 00 www.statoil.com Cover photo: Harald Pettersen
More informationJohan Sverdrup: The Future of Oil
ANNUAL REPORT 2013 Ivar Aasen Using expertise from all over the world Page 16 >> Exploration Our exploration activity in 2013 resulted in exciting discoveries in both the Barents Sea and in the North Sea.
More informationStatoil (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 informationPerspectives for the Danish Sector of the North Sea. Challenges and opportunities ahead!
Perspectives for the Danish Sector of the North Sea Challenges and opportunities ahead! Presentation Energinet.dk Offshore Forum 28 May 2014 July 30, 2015 page 1 Presentation agenda 1 2 3 Oil Gas Denmark,
More informationLundin Petroleum. Capital Market Day. 3 February 2016. Lundin Petroleum WF11879 03/02/16
Capital Market Day 3 February 2016 WF11879 03/02/16 1 Capital Market Day Agenda 1. Introduction 2. Corporate Overview - Production - Reserves and Resources - Capital Expenditure and 2016 Work Programme
More informationE&P in Brief. A Wintershall Fact Sheet. Wintershall in Argentina. Annual production in Argentina approx. 25 million barrels of oil equivalent
Page 1 E&P in Brief A Wintershall Fact Sheet Wintershall in Argentina Annual production in Argentina approx. 25 million barrels of oil equivalent April 2016 Tel. +49 561 301-3301 Fax +49 561 301-1321 press@wintershall.com
More informationStavanger Forum // (18)-19-20 November 2014
Photo: Harald Pettersen - Statoil Photo: Øyvind Hagen - Statoil Stavanger Forum // (18)-19-20 November 2014 Organizer: Main sponsor: THE IMPACT OF SMALLER OPERATORS The 12th Norwegian Operators Conference
More information2014 THIRD QUARTER RESULTS
2014 THIRD QUARTER RESULTS Statoil s third quarter 2014 operating financial review Statoil's third quarter 2014 net operating income was NOK 17.0 billion, a decrease from NOK 39.3 billion in the third
More informationMarket Update. 27 th of May 2015. 26 August 2013
Market Update 27 th of May 2015 26 August 2013 Contract Status Floaters NCS Name Contractor Operator Next Operators Country Next Countries Current Gen DP M BOP 2015 2016 2017 Rate J F M A M J J A S O N
More informationStatoil's first quarter 2013 net operating income was NOK 38.0 billion. Adjusted earnings were NOK 42.4 billion.
Press release 2 May 2013 2013 FIRST QUARTER RESULTS Statoil's first quarter 2013 net operating income was NOK 38.0 billion. Adjusted earnings were NOK 42.4 billion. "We deliver financial results impacted
More informationBaltic 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 informationValue driven transformation. Annual Report 2015
Value driven transformation Annual Report 2015 Contents 2015 Overview Overview Our business model 2 Looking back 2015 4 Looking forward 2016 5 CEO review 6 Chairman s statement 8 Sustainable growth 10
More informationTHIRD QUARTER REPORT FOR PERIOD ENDED 30 SEPTEMBER 2015
ASX Announcement Thursday, 15 October 2015 ASX: WPL OTC: WOPEY Woodside Petroleum Ltd. ACN 004 898 962 Woodside Plaza 240 St Georges Terrace Perth WA 6000 Australia www.woodside.com.au THIRD QUARTER REPORT
More informationUpstream Project Value, Farm-in, Farm-out, Data Room
Financing E&P Companies and Projects on NCS The SPE Oslo Annual Seminar - hosted by PwC and Oslo Børs Upstream Project Value, Farm-in, Farm-out, Data Room Upstream IPRISK Management Methodology Olav Øvreberg,
More informationOdfjell Drilling Ltd. Report for the 1st quarter of 2016
Report for the 1st quarter of 2016 This interim report is unaudited and has been prepared in accordance with IAS 34 Interim Financial Reporting. Key figures for the Group All figures in USD million Key
More informationThe Technology Challenge. Agenda - The Technology Challenge
The Technology Challenge British and Norwegian Oil and Gas Industry Collaboration Conference R. Rasmus Sunde Executive Vice President London, October 26, 2005 Agenda - The Technology Challenge Overall
More informationApplication of real-time monitoring
Application of real-time monitoring NCR August 25th 2015 Trond Lilleng Senior Advisor Integrated Operations TEX FOT OT FO Statoil ASA Mobile: +47 91183884 Email: trlil@statoil.com Disclaimer: The comments
More informationKey features Q2 FY16. Managing Director s comments
27 January 2016 Key features Q2 FY16 Production steady: 123 kbbl in the 3 months to 31 December, vs previous quarter of 125 kbbl and up 2% on pcp of 118 kbbl Revenue of $7.0 million: down from $7.6 million
More informationAltinex Oil Norway AS (Entity no. 987008644) 3 quarter 2010 (unaudited)
Altinex Oil Norway AS (Entity no. 9878644) 3 quarter 21 (unaudited) 26 November 21 Altinex Oil Norway AS Results for the third quarter of 21 Altinex Oil Norway s revenue totalled NOK 124 million for the
More informationPIPELINES 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 informationRex 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