GDF SUEZ E&P NORGE AS NOC 2013 Geir Pettersen, Deputy Managing - - PowerPoint PPT Presentation

NOC 2013 Geir Pettersen, Deputy Managing Director

GDF SUEZ E&P NORGE AS

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A HISTORY OF SERVICES IN PUBLIC UTILITIES

1990

Electrabel

1880

Société Lyonnaise des Eaux et de l’Éclairage

1919

Société Industrielle des Transports Automobiles (SITA)

1946

Gaz de France

1997

Suez Lyonnaise des Eaux

2001

SUEZ

1858

Compagnie Universelle du Canal Maritime de Suez

1895

Compagnie Mutuelle de Tramways

1939

Degrémont

2000

International Power

2008

GDF SUEZ

1822

Société Générale des Pays-Bas

E&P

1,800

EMPLOYEES

• Exploration

& Production

• Liquid natural

gas portfolio management

10,800

EMPLOYEES

• 6 business areas
• The United

Kingdom-Europe

• North America
• Latin America
• Middle East: Turkey

& Africa

• Asia
• Australia
• Power production
• Supply of natural

gas and electricity

18,100

EMPLOYEES

• Natural-gas

transmission network

• LNG terminals

in France

• Storage activities

in and outside France

• Gas distribution

networks in France

78,400

EMPLOYEES

• Management
• f urban networks

in and outside France

• Management
• f industrial

and tertiary electrical installations

• Global multi-

technical offers

79,600

EMPLOYEES

• Water and

sanitation services

• Water-treatment

engineering

• Waste

management GDF SUEZ Global Gas & LNG GDF SUEZ Energy Europe GDF SUEZ Energy International GDF SUEZ Infrastructures GDF SUEZ Energy Services SUEZ Environnement

STRUCTURED AROUND SIX BUSINESS LINES 27,200

EMPLOYEES

• Energy

management and trading

• Power generation
• Supply of natural

gas to major clients in Europe

• Marketing

and sales

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FAST FACTS ON GDF SUEZ E&P NORGE

 Established in Norway in 2001 as a fully-

• wned subsidiary of GDF SUEZ Group.

 Operator of the Gjøa field, partner in the Fram, Njord, Gudrun and Snøhvit fields – among others – and the asset portfolio is growing.  Among the top ten producers and reserve owners on the NCS.  Number of employees per September 2013: 249.  Head Office in Stavanger and Base and Logistics Office in Florø.  Turnover of 11,832 MNOK in 2012.  In 2012 the company held 38% of the GDF SUEZ Group’s proven and probable reserves and 46% of its production.

E&P Fram (North Sea) Njord (Norwegian Sea) Snøhvit (Barents Sea) Gudrun (North Sea) Gjøa (North Sea)

ASSETS IN NORWAY

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LICENSE PORTFOLIO

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OPERATIONAL EXCELLENCE

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GJØA STATUS REGULARITY INCL. EXTERNAL EVENTS 2013

8

PUF YTD incl. external events 2013: 95,56% PUF YTD excl. external events 2013: 97,46%

96,49% 98,73% 80,55% 98,62% 93,31% 99,44% 98,20% 96,06% 100,00% 93,90% 100,00% 40% 50% 60% 70% 80% 90% 100% Januar Februar Mars April Mai Juni Juli August September Oktober November

Gas Export overview 2013

Availability (inc export ) Export Planned Maintenance Unplanned topside Unplanned subsea Power Cable

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HSE – THE WAY WE WORK

0,00 0,20 0,40 0,60 0,80 1,00 1,20 1,40 1 2 nov des jan feb mar apr mai jun jul aug sep okt No of incidents SIF acc SIF Goal

SIF: Serious Incident Freequency

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AREA FORUM Q35



• Approx. 500 MBOE will be matured for

possible development.  Processing capacities are coming available in the area as production declines.  Near-term appraisal and exploration could substantially change the picture.  Fragmented ownership structure and multiple

• perators.

 There are many decisions which are going to be made in the next 2-3 years.

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AREA FORUM Q35 – GJØA VISIT

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HOW HAS THE FORUM WORKED?

 The five area operators of discoveries were invited to the forum in May 2012:

• GDF SUEZ :

Gjøa

• Statoil:

Astero, Aurora, Vega, Peon, Fram

• Wintershall:

Grosbeak, Skarfjell

• RWE Dea:

Titan

• ENI:

Afrodite  Operators agreed on a Forum Charter in October 2012

• Achieved alignment on purpose, approach

and a road map.

• Chair rotates each year through the
• perators.
• GDF SUEZ acted as Chair from May 2012 to

October 2013 when Statoil took over.  The forum has had a high activity level

• Shared basic high level data and perspectives

(Phase 1).

• Gained insight to possible area solutions and

worked critical issues (Phase 2).

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THE FORUM AIMS TO PROVIDE EARLY AREA INSIGHTS

The forum aims to:  Increase the chance that individual developments & fields reap the benefits from possible area synergies and do not get into a position of regret.  Look at extreme cases to understand what drives the value.  Develop area insights but not draw conclusions.  Help license decision making but not be involved in any decisions.

Q35 area insights

Operator Participation Different Area Developments Conceptual Technical Studies Socio- Economic Analysis Independent license decision making

AFQ35 Fields and Discoveries

Skarfjell Astero Grosbeak Titan Aurora Peon Afrodite Gjøa Fram

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OPERATOR IN THE BARENTS SEA

 A core area for GDF SUEZ E&P Norge.  Present since 2001 (Snøhvit).  First operated well (Heilo) drilled in 2011.  Three operatorships awarded in 2011.  Two new operatorships awarded in 2012.  2013: bought seismic data package

• f the southeast Barents Sea from

NPD.

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FROM EXPLORATION TO PRODUCTION

 Next exploration well: Byrkje PL 607 spud in the beginning of February 2014.  Close dialogue with other operators in the area: ENI, Statoil, and the PSA.  We welcome the common effort to find the best solutions for the challenges regarding logistics and emergency preparedness in the Barents Sea.  GDF SUEZ is ready to take on the responsibility for developing and producing from a new field in the Barents Sea.