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Similar to Standing at a new fronter statoil canada
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Standing at a new fronter statoil canada
- 1. Scotia
Centre
Standing at a new
frontier
Statoil Canada @ ONS 2010
Caron Hawco, Business Services
Statoil Canada
August 26, 2010
Copyright©Statoil 2010 - ONS Canada Day 2010
- 2. Welcome
Statoil in North America
A Growing Organization Newfoundland and Labrador:
The Big Picture
Newfoundland and Labrador
& the Barents Sea
Non-operated Joint Ventures
Statoil in Newfoundland Exploration
Community Investments
Harsh Environment R&D
Research and Development
R&D in Newfoundland & Labrador
Copyright©Statoil 2010 - ONS Canada Day 2010
- 3. Statoil in North America
A Growing Organization
Chukchi Exploration Leases Offices
Assets
Heavy Oil
Calgary (398 employees)
St. Johns (14 employees)
Exploration & Production Canada
Shale Gas
Stamford (110 employees)
Houston LNG Terminal, Maryland
(305 employees)
Washington, D.C. (3 employees)
Exploration & Production Deepwater
Mexico City Gulf of Mexico
Copyright©Statoil 2010 - ONS Canada Day 2010
- 4. The Big Picture F
F
F
Exploration
Oil prone basin Production
Gas prone basin
F
Gas production
Oil production
F Frontier exploration
Copyright©Statoil 2010 - ONS Canada Day 2010
- 5. Similarities: Newfoundland &
Labrador and Barents Sea
• Harsh environment
• Remote locations
• Pristine environment
• HSE challenges
• Local fisheries
• Stakeholder engagement
• Technological challenges
Copyright©Statoil 2010 - ONS Canada Day 2010
- 7. Occasionally
there are nice days!
Copyright©Statoil 2010 - ONS Canada Day 2010
- 8. Statoil in Newfoundland & Labrador
PRODUCTION Partner in Hibernia (5%) and Terra Nova (15%) offshore fields
FIELD DEVELOPMENT Partner in Hebron (9.7%) and Hibernia Southern Extension (10.5%)
• Operator offshore NL: 2 Significant Discovery License (SDL),
EXPLORATION 3 Exploration Licenses (EL)
• Mizzen discovery announced April 2009. SDL approved
February 2010
Copyright©Statoil 2010 - ONS Canada Day 2010
- 9. Non-operated Joint Ventures
Terra Nova 15% Hebron 9.7% Hibernia 5%
Hibernia 10.5%
•Financial stewardship Southern
•Offering expertise and experience Extension
•Transferring knowledge and sharing best practices
•Participating in negotiations and other commercial matters
•Maintaining internal expertise for informed decision making
Copyright©Statoil 2010 - ONS Canada Day 2010
- 10. Exploration
• RSA #2 - Transocean
Henry Goodrich - partners
Husky Energy and Suncor
• Summer 2010:
- Geohazard survey
- ROV seabed survey
2011 Mizzen
• 2011/2012: Appraisal
- Mizzen appraisal well
- Southern Jeanne d’Arc Basin
exploration well
2011/2012
Exploration
well Jeanne
d’Arc Basin
Copyright©Statoil 2010 - ONS Canada Day 2010
- 11. Community Investment
Resource Centre of the Arts Shallaway- NL Youth in Chorus
Juno Awards
Copyright©Statoil 2010 - ONS Canada Day 2010
- 13. Harsh environment R&D
Strengthened fixed structure
Glory holes for protection to withstand iceberg impact
of subsea equipment
Disconnectable turret for
iceberg avoidance
Strengthened hull to withstand
Dedicated support vessels
limited ice conditions
Copyright©Statoil 2010 - ONS Canada Day 2010
- 14. Newfoundland & Labrador
A Gateway to the Arctic
• Industry with more than 30 years
of experience
• NL R&D community: experts in ice
and facility management in arctic
conditions
NL is a real time
Arctic laboratory
Copyright©Statoil 2010 - ONS Canada Day 2010
- 15. R&D in Newfoundland & Labrador
• Industry obligation: 0.5% of revenues = significant investment
• CAPP R&D Taskforce, priority areas:
• Arctic
• Subsurface
• Statoil NL R&D Project Lead starting Q4
• Promoting NL Arctic R&D capabilities within Statoil
• Position NL as global player in Arctic R&D through collaboration
Copyright©Statoil 2010 - ONS Canada Day 2010
- 17. Thank you
Statoil Presentation ONS 2010
Caron Hawco
Business Services Manager
Statoil Canada
www.statoil.com
Copyright©Statoil 2010 - ONS Canada Day 2010
