Transcript Norwegian petroleum policy

Ministry of Petroleum and Energy
Maximizing Benefits from Resource Development
Norway- British Columbia Offshore Oil and Gas
Roundtable
Victoria, BC, November 18th, 2002
Deputy Minister of Petroleum and Energy
Ms. Brit Skjelbred
Ministry of Petroleum and Energy
Production and net export of crude oil incl. NGL
Production
Net export
Saudi Arabia
8,70
USA
8,10
Russia
Saudi Arabia
7,41
Russia
4,21
Norway
6,98
3,22
Iran
3,73
Iran
2,62
Mexico
3,56
Venezuela
2,55
Norway
3,41
UAE
2,44
China
3,29
Nigeria
Venezuela
3,04
2,18
Iraq
1,94
Canada
2,75
Kuwait
1,79
UAE
2,58
Mexico
1,63
0
2
4
6
mill b/d
Facts 2002 figure 9.2
8
10
0
2
4
6
8
mill b/d
Source: Petroleum Economics Ltd.
Ministry of Petroleum and Energy
The state organisation of petroleum operations
Stortinget
(Parliament)
Government
Ministry of Finance
Ministry of
Petroleum and Energy
Ministry of Labour
and Government
Administration
Norwegian
Petroleum Directorate
Facts 2002 figure 3.1
Ministry of Petroleum and Energy
Norwegian petroleum policy - main objectives
• Maximise value creation for the nation
•
Develop a national oil and gas industry
•
Be in the environmental forefront:
•
Long term resource management
•
Coexistence with other industries
Ministry of Petroleum and Energy
Preconditions for a sustainable petroleum sector
• Continous HSE improvements
• Maintain a competitive Norwegian
• Continental Shelf
• Petroleum industry
Ministry of Petroleum and Energy
Norwegian petroleum policy - measures
•
Effective regulation and government ownership
•
Research and technology development
•
Internationalisation
Ministry of Petroleum and Energy
State participation
Ministry of Petroleum and Energy
R&D - National Strategy for the 21st Century
Five priority areas:
• Improved recovery
• Environmental protection
• Deep water
• Small fields
• The gas value chain.
Short
R&D
term R & D
Demonstration
Application
“large scale”
Ministry of Petroleum and Energy
Internationalisation
•
Capitalise on Norwegian competence og technology
•
Exploit the potential of emerging markets
•
Even out fluctuations in the activity level of the NCS
•
Aquisition of new technology and know-how

Ensure long-term value creation and employment
Ministry of Petroleum and Energy
Internettadresse - Internet address
www.oed.dep.no
www.mpe.dep.no
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