NMC Petroleum Strategy Workshop, Stavanger 24th nov. 20051

Northern Maritime CorridorPetroleum Strategy Workshop, Stavanger 24. november 2005

The Barents Region in a global energy perspective

Subjects:

● Geopolitical issues ● Norwegian strategy ● Challenges of importance

By:Johan Petter BarlindhaugBarlindhaug AS

NMC Petroleum Strategy Workshop, Stavanger 24th nov. 20052

Global demand

Oil & Gas demand

New production

Existing production

Million barrels o. e. per day

N.AfricaCaspian &

Middle East

Rest of the world

Arctic

Yet To Find Potential

NMC Petroleum Strategy Workshop, Stavanger 24th nov. 20053

NMC Petroleum Strategy Workshop, Stavanger 24th nov. 20054

LNG Import to USA

NMC Petroleum Strategy Workshop, Stavanger 24th nov. 20055

A Major Energy Basin for Europe and USA Easily accessible Political stable Important in a diversification strategy

LNG to USA and Europe

Pipeline gas to Europe

A transportation outlet for oil produced in Western Siberia

Petroleum Province of Global Importance

NMC Petroleum Strategy Workshop, Stavanger 24th nov. 20056

Norwegian Policy of the North

As a ocean power Strengthening the role of Norwegian governance Sustainable development

As an energy power Show predictability and due concern to the security

of supply

Special confidence to USA and EU-countries as consumer nations

Special confidence to Russia as a neighbour

A flexible development strategy of relevance

NMC Petroleum Strategy Workshop, Stavanger 24th nov. 20057

NMC Petroleum Strategy Workshop, Stavanger 24th nov. 20058

NMC Petroleum Strategy Workshop, Stavanger 24th nov. 20059

NMC Petroleum Strategy Workshop, Stavanger 24th nov. 200510

NMC Petroleum Strategy Workshop, Stavanger 24th nov. 200511

NMC Petroleum Strategy Workshop, Stavanger 24th nov. 200512

Development concept – Northern Barents Sea

• Miljø

– Felles kraftforsyning / fra land

– Re-injeksjon av vann og kaks

– Beredskap og overvåking

– Ingen folk til havs

• Teknologi

– Havbunnsprosessering

– Havbunnskompresjon

– Integrerte operasjoner

• Utbygging

– Klyngebaserte utbygginger til havs

– Oljerør til land

– Gassløsning via eksisterende gassfelt

• Logistikk

– Terminalsamarbeid

Oljefelt A

Gassfelt

Oljefelt B

Landanlegg

NMC Petroleum Strategy Workshop, Stavanger 24th nov. 200513

Challenges of Importance

Environmental concern

Advanced sub sea technology

Integrated development concepts

High development costs

Close cooperation on infrastructure