Goliat Field Trip Hammerfest, 18-19 September 2015
Agenda introduction our approach to development focus on Zohr Goliat field 2
Upstream capex and production since 2005 capex bn production O&G mln boe/d 3
Majors performance Capex Upstream Bln vs O&G Production Mln boe/g 20,0 2004 19,5 2003 2006 2010 2002 2005 19,0 Production Oil&Gas 2007 2001 2009 2011 18,5 2008 2000 18,0 2012 1999 17,5 2013 17,0 2014 16,5…
Our development model phaseable development Knowledge management People & Processes design to cost approach strict control on execution integration with commissioning and operations a simpler and manageable…
Phaseable development: reservoir valorization and uncertainty quantification (2/3) Advanced tools & technologies empowering people & promoting technical excellence enis HPC2 hundred million cell models (Green Data Center)…
Phaseable development (3/3) improving time to market and project value accelerating start-up and ramp-up phased/fast track vs conventional approach capture market opportunities including rental and synergy with available…
Design to cost approach capture available market opportunities Use of refurbished and/or rental options whenever possible Synergies with available facilities engineering modularization 6 Modules (cover 40% of offshore…
Strict control on execution critical wells (DW, HP/HT, etc.) strictly monitored authorities/partners early engagement early stakeholder engagement during pre-FID phases in order to timely assess and promptly answer to…
Integration with commissioning and operations operational readiness Training for operating personnel from early project phases Dedicated operational resources deployed in the project team Integrated commissioning team…
Processes & people organization and process improvements organizational structure revision to integrate the new business lines including upstream, downstream and midstream workflows and processes revision in order to make them…
Knowledge management NEED capitalize experience in the shortest time disseminating knowledge within the professional families at all levels TARGET collectively embedding our knowledge in delivery towards performance…
Focus on Zohr
Shorouk Block Main Facts Key Facts Shorouk Location Shorouk JV: IEOC 100% Basin: Nile Delta DW Water depth: 1,200- 1,700 m Total Area: 3,752 km2 North Leil Zohr 1 Awarded: 30th January 2014 Karawan Shorouk Exploration…
An innovative geological model Exploration Highlights Zohr Geological Model Zohr prospect: interpreted as a Lower - Middle Miocene Carbonate Build-Up potentially charged by Biogenic gas from Tertiary source rock and sealed by…
Shorouk Block Exploration Zohr 1 NFW Main Results Exploration Highlights Zohr Reservoir Giant/supergiant biogenic gas accumulation in Miocene carbonatic reservoir with excellent petrophisical Miocenic reef complex extending in…
Goliat field
Eni in Norway Goliat Eni Norge established in 1965 4 years before Ekofisk discovery 1991 Extensive shares in key assets North Sea: Ekofisk and Eldfisk Norwegian Sea: Asgard area Production of 110 kboed in 2015 Offices in…
eni in the Norwegian Barents Sea 1980 Start of exploration drilling in Barents Sea 1991 Beginning of eni activity in Barents Sea 1997 Barents Sea Program: record 40 applications award of PL 229 (Goliat) to eni as Operator 2000…
eni licenses in the Barents Sea eni norge operated (11) eni norge partner (5) PL716 Bone PL717 PL712 PL226/B Aurelia Johan Castberg PL533 PL806 Goliat PL529 PL697 PL489 PL657 PL201 Hammerfest 21
The Goliat project Goliat license: PL229, eni 65% (operator), Statoil 35% 80km from shore ice-free area, south of the 10C summer isotherm closest port: Hammerfest, already hosting the Snohvit LNG plant 22
Goliat Reservoir total reserves: 180 Mbbl (100%) realgrunnen formation: 1,100 m depth, 120 bar, 35C kobbe formation: 1,800 m depth, 190 bar, 50C 23
Goliat field layout Geostationary FPSO 104 kbopd oil 1 MMbbl storage 126 kbbld water injection 3,9 MMsmcd gas oil exported via 3 dedicated tankers HV power from shore through underwater power cable 22 subsea wells from…
Drilling 25
Subsea work installation examples Laydown of power cable (2014) 105 km AC at 110 kV, 75 MW 6,000 tonnes Laydown of suction anchors (2013) Diameter 7m, height 15,5 m Weight 155 tonnes Bottom Chain: 156 mm 26
the Goliat FPSO largest cylindrical FPSO in the world 64000 tons, 115m wide, 100m tall built in Hyunday Offshore yards in Ulsan, Korea transported to Hammerfest with Dockwise Vanguard (15,600nm, 63 days) 2 7
Offshore activities since arrival in Hammerfest Float-off in Fjord Tow to Field FPSO Installation Mooring & Risers Pull-In Hook-Up & Commissioning 28
Power from shore: 50% reduction of CO2 emissions Subsea Hammerfest Power Cable to Goliat National Power Grid Hyggevatn substation 29
Oil spill preparedness: risk reduction and monitoring 30
Oil spill preparedness: involvement of local fishing community 31
Goliat firsts First oil project in the Barents Sea Northernmost offshore production facility in the world Largest cylindrical FPSO in the world, fully winterized Longest subsea power cable to offshore installation (75MW cable, 110…