Fremdeles muligheter? - oppsummering av Statoils leverandørdager 2017 Christian Opheim 7 november 2017 Telemark Offshore konferansen 9.11.2017 1 Classification: Open Statoil ASA 2012-10-24
Lifting weights all summer! Aasta Hansteen Njord Cat J Oseberg Vestflanken Hywind Johan Sverdrup Mariner 2 Classification: Open 7 november 2017 Statoil ASA
Safety Integrated in everything I do applicable to all I AM SAFETY I always put safety and security first and understand my risks. Safety and security is what I do every day. I am a role model for safety and security. I am accountable, visible and engaged! 3 Classification: Open 7 november 2017 Statoil ASA
USD-17/bbl Increasing value through sustainable improvements Development break-even major project decisions 2015-17 1) 80 60 40 35 30 25 20 15 10 5 0 Development CAPEX, recoverable resources and NPV 1) -43% Category CAPEX 1 Category 2 2000 1800 1600 1400 1200 1000 800 600 400 200 +12 % 0 Category Category Recoverable 1 resources 2 30 25 20 15 10 5 0 +12 % Category NPV 1 Category a.t. 2) 2 40 Average break-even price project portfolio 3) Average break-even price next generation portfolio 4) 20 0 2013 70 USD/bbl CMU 2016 41 USD/bbl Current 27 USD/bbl Current CMU 2016 2013 1) Johan Castberg, Johan Sverdrup phase 1, Johan Sverdrup phase 2, Oseberg Vestflanken, Peregrino Phase II, Snorre Expansion, Utgard and Trestakk. CAPEX and KPIs from 1Q2013 used with exception of newer projects. 2) Oil and gas price assumptions reduced by 20-30% in same period 4 Classification: 3) Statoil Open operated projects, 7 planned november for sanction 2017within 2022. Statoil Volume ASA weighted. 4) Statoil- and partner-operated projects, sanctioned since 2015 or planned for sanction, with start-up by 2022. Volume weighted.
5 Classification: Open 7 november 2017 Statoil ASA
World class project portfolio and exploration plan Statoil projects sanctioned in 2016/17 Project opportunities Long term opportunities Oseberg Vestflanken II Peregrino II Johan Sverdrup Future Johan Castberg Barents Subsea tie-backs Bay du Nord Brazil Tanzania Renewables 2017 Exploration Drilling Plan Byrding Utgard Snorre Expansion Askeladd Njord Future & Bauge Trestakk Troll Future Krafla/Askja 6 Classification: Open 7 november 2017 Statoil ASA
Oil and gas industry Adjusting to new realities 100 90 80 70 60 50 40 30 Mobile rigs no. Cost (IHS) O&G investments Oil price 20 10 0 2014 2015 2016 2017 7 Classification: Open 7 november 2017 Statoil ASA
Competition and collaboration In very challenging markets 8 Classification: Open 7 november 2017 Statoil ASA
Suppliers critical to NCS value creation Norwegian suppliers have improved competitiveness Internal vs. supplier expenditures Statoil procurement 2016, NOK billions Norwegian supplier spend 2016 NOK 151 Billion Procurement International Procurement Norway 9 Classification: Open 7 november 2017 Statoil ASA
How we work Steps in the procurement process Corporate strategy Category strategy Long term strategy Demand management Invitation to tender Contract-specific strategy Request and contract documents Bid evaluation Supplier performance Negotiations Contract administration Dialogue and clarifications with supplier Clarifications Change orders Contract awards Evaluation of options Market screening Market knowledge Pre-qualification Experience transfer Familiarization meetings Classification: Open Evaluation and Award Estimate & benchmarking Requirements and guaranties Project experience transfer Lessons learned Supplier list 10 Supplier follow-up Specific strategy incl. pre-qualification 7 november 2017 Statoil ASA
How to become a supplier Supplier Portal www.statoil.com 10 Statoil supplier days in 2017 Hammerfest Harstad Sandnessjøen Kristiansund Stjørdal Bergen Florø Stavanger Oslo Kristiansand 11 Classification: Open 7 november 2017 Statoil ASA
Prequalification Valid and representative entry in the Achilles Joint Qualification System Implemented Quality Management System and status Implemented HSE-system and status Financial capacity depending scope and risk Alternatives to Achilles: Sellihca Qualification - Sellihca First Point Assessment Ltd (UK & Nederland) Bygg- og anleggsaktiviteter i Norge: StartBANK Utility Vendor Data Base (UK) 12 Classification: Open 7 november 2017 Statoil ASA
Alternatives when new scope is identified Scope identified and not covered in existing agreements, or we want to challenge the market o Direct PO (Purchase Order) o RFI (Request For Information) o RFQ (Request For Quotation) o ITT (Invitation To Tender) The different alternatives are mainly based upon volume, numbers of transactions during a year, type of service and risk List of potential suppliers are based upon knowledge, networks and official registration system 13 Classification: Open 7 november 2017 Statoil ASA
From project to procurement Award date Johan Castberg 2017 2018 Q3 Q4 Q1 Q2 Q3 Q4 Hull & LQ EPC Turret SPS Flexible risers Umbilical Topside and Integration Marine Installation H1 2019 H2 Snorre exp. Flexible risers SPS Umbilical Marine Installation Askeladd Subsea Umbilical Marine operations Troll Future Topside modifications Subsea & Marine Transport & Installation Johan Sverdrup 2 Power from shore, power cable RP modification P2 jacket P2 topside Transport & Installation Subsea and Marine 14 Classification: Open 7 november 2017 Statoil ASA
Selected upcoming procurements Strategy and pre-qualification phase Invitation to Tender submitted to market Evaluation and negotiation ongoing Awarded Rig Visund Nord IOR Maintenance and services pump (Award Q4-17) Global advertising, design, media services (Award Q4-17) Drilling & Well services & equipment NCS (Award Q1-18) Rig to Snorre Exp. (Award Q4-17) Rig Aasta Hansteen Electro materials (Award Q4-17) Maintenance of valves (Award Q4-17) Valves <4" (Award Q4-17) PSV Vessels for NCS LWI 2020 (Award Q2-18) IMR Vessel (Award Q1-18) Rig Brazil 15 Classification: Open 7 november 2017 Statoil ASA
S tatoil s digital roadmap 1. Digital safety, security & sustainability 6. Process digitalisation & insight 2. Subsurface analytics Statoil data platform 5. Data driven operations 3. Next generation well delivery 4. Field of the future 16 Classification: Open 7 november 2017 Statoil ASA
Fremdeles muligheter? Christian Opheim chop@statoil.com www.statoil.com Statoil ASA This presentation, including the contents and arrangement of the contents of each individual page or the collection of the pages, are owned by Statoil. Copyright to all material including, but not limited to, written material, photographs, drawings, images, tables and data remains the property of Statoil. All rights reserved. Any other kind of use, reproduction, translation, adaption, arrangement, any other alteration, distribution or storage of this presentation, in whole or in part, without the prior written permission of Statoil is prohibited. The information contained in this presentation may not be accurate, up to date or applicable to the circumstances of any particular case, despite our efforts. Statoil cannot accept any liability for any inaccuracies or omissions.