Projects Neil Shaw Quad 204, North Sea Under construction in Korea
Track record of project delivery 2012 2014 Major projects start-ups PSVM 2012 2013 2014 2014 plant efficiency = 98% Clochas-Mavacola ALNG Chirag Oil Galapagos Atlantis North Mars B Devenick Expansion 1 Na Kika 3 PSVM North Rankin…
Major projects growth to 2020 2014 2015 mboed BP net production from Chirag Oil Kizomba Satellites 2 new major projects Mars B In Salah Southern Fields Na Kika 3 Atlantis North Expansion 2 Western Flank A CLOV Greater Plutonio 3…
On track to deliver 15 projects 2015 2017 In Salah Southern Fields (2015) 60% 100% Progress to start-up Start-up Kizomba Satellites 2 2H 2015 In Salah Southern Fields 2H 2015 Greater Plutonio 3 2H 2015 Construction 78% complete…
Improving project execution Global execution model BP relative performance Input metrics (Quartile) (Ongoing projects) - Organisation, systems and processes 2010 2014 - Centres of expertise Reservoir FEL 1st 1st Facilities FEL…
Standardisation Organised to standardise Subsea control module costs and delivery times - Global subsea and facilities hardware teams 100% - Global concept development team - Multi-year programme to drive standardisation at scale…
Mad Dog 2 mboed(1) (gross) 22bn 200 Total 14bn project capital 0 Pre-recycle Latest view 2005 2010 2015 2020 2025 2030 2035 2040 2045 2050 MD Phase 1 MD Phase 2 MD Phase 3 Material high-value project, total field is 4 bn…
Shah Deniz 2 mboed(1) (gross) 600 Material high-value project, BPs largest ever gas discovery 40 tcf gas and 2 bn barrels oil in place Alignment across the value chain, countries, partners and contractors working together with…
Oman Khazzan mboed(1) (gross) Material high-value project, 250 develops 7 tcf resources with peak production of 1 bcfd Technology, leverages BP capability in tight gas development to optimise recovery - Project execution on…
Summary High-quality and material project portfolio to underpin growth to 2020 and beyond Over 900 mboed of expected new net production by 2020 - 50% under construction - next 15 projects on track for start-up in 2015 - 2017 2015 -…