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 EnergyMs. Brit Skjelbred
Ministry of Petroleum and Energy
Production and net export of crude oil incl. NGL
Facts 2002 figure 9.2
2,58
2,75
3,04
3,29
3,41
3,56
3,73
6,98
8,10
8,70
0 2 4 6 8 10
UAE
Canada
Venezuela
China
Norway
Mexico
Iran
Russia
USA
Saudi Arabia
mill b/d
1,63
1,79
1,94
2,18
2,44
2,55
2,62
3,22
4,21
7,41
0 2 4 6 8
Mexico
Kuwait
Iraq
Nigeria
UAE
Venezuela
Iran
Norway
Russia
Saudi Arabia
mill b/d
Production Net export
Source: Petroleum Economics Ltd.
Ministry of Petroleum and Energy
The state organisation of petroleum operations
N o rw e g ia nP e tro le u m D ire c to ra te
M in is try o f F in a n ce M in is try o fP e tro leu m a n d E n e rgy
M in is try o f L a b o ura n d G o ve rnm e nt
A d m in is tra tion
G o ve rn m e nt
S to rtin g e t(P a rlia m e n t)
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
R & D
Short
term R & DDemonstration
Application
“large scale”
Five priority areas:
• Improved recovery• Environmental protection• Deep water• Small fields• The gas value chain.
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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