Classification: Statoil Internal Status: Draft

Technology StrategyCo-operation

Force meeting 28.08.2007

2

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Time1986

Gullfaks

1993

Sleipner

1994

Statfjord satellites

1997

Norne

2001

Glitne

1996

Troll

1999

Åsgard

Platform-based

Subsea and floating

Significantstep changes

Snøhvit

2007

Subsea-to-beachNew technology

2005

Kristin

Example of technology development on the Norwegian continental shelf

3

Our strategic agenda

Maximise value creation from the NCS

Build international growth platforms

4

18

Technology as a key enabler

Extra Heavy oil

Mature areas

Arctic regions

Great depths

Onshore (tight reservoirs)

Extra Heavy oil

Climate

Exploration technology

Reservoir management

Subsea field development

Gas chain technologies

Environmental technologies

5

Technology Strategy

Exploration technology Reservoir management Subsea field development

Petroleum systems analysis

Seabed logging

Integrated seismic imaging & interpretation

Clean. cost-effective exploration drilling

Reservoir characterization & modelling

Geophysical reservoir monitoring & imaging

Reservoir recovery methods

Subsea well construction & light well intervention

Integrated operation of subsea fields

Subsea processing

Subsea wet gas compression

Long-distance well stream transport

Subsea all-electric control

Gas chain technology Environmental technology

Gas pipeline networks

Liquefied natural gas

Gas-to-liquids conversion

Carbon dioxide management

Quantitative risk assessment

6

GOODEXPLORATION

ACREAGE

GOOD DRILLINGTARGETS

DISTINCT TECHNOLOGY COMMUNICATION

LITTLE BUSINESS EFFECT

BUSINESS DECISION

SUFFICIENTDATA

STATOIL RESOURCE

NEED

COMMON COMMON KNOWLEDGEKNOWLEDGE

R&DTHEORETICALKNOWLEDGE

DRIVEN

ASSETASSETPRACTICALPRACTICAL

EXPERIENCE EXPERIENCE DRIVENDRIVEN

EXPLORATION SUCCESS ISREALREAL SUCCESS SUCCESS

DISTINCT TECHNOLOGY COMMUNICATION

LARGE BUSINESS EFFECT

R&D ACHIEVEMENT ISPOTENTIALPOTENTIAL SUCCESS SUCCESS

Perception of DistinctivenessPerception of Distinctiveness Require both R&D Achievement and Business Success (“with it”)Require both R&D Achievement and Business Success (“with it”)

EXAMPLE:

EXPLORATION

7

How to make this work:

Strengthen technology implementation (piloting)

Improve cooperation

Accelerate technology development

8

Cooperation:

Share competence and facilities

First and second user

Identify relevant licences