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Maximizing Benefits from Resource Development: Norway-British Columbia Offshore Oil and Gas Roundtable

This presentation discusses the Norwegian petroleum policy and its main objectives, including maximizing value creation, developing a national oil and gas industry, and ensuring environmental sustainability. It also highlights the preconditions for a sustainable petroleum sector and the measures taken by Norway, such as effective regulation, government ownership, research and technology development, and internationalization. The presentation concludes with the importance of state participation, R&D, and capitalizing on Norwegian competence and technology for long-term value creation and employment.

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Maximizing Benefits from Resource Development: Norway-British Columbia Offshore Oil and Gas Roundtable

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  1. Maximizing Benefits from Resource DevelopmentNorway- British Columbia Offshore Oil and Gas RoundtableVictoria, BC, November 18th, 2002 Deputy Minister of Petroleum and EnergyMs. Brit Skjelbred

  2. Production and net export of crude oil incl. NGL Facts 2002 figure 9.2

  3. The state organisation of petroleum operations Facts 2002 figure 3.1

  4. 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

  5. Preconditions for a sustainable petroleum sector • Continous HSE improvements • Maintain a competitive Norwegian • Continental Shelf • Petroleum industry

  6. Norwegian petroleum policy - measures • Effective regulation and government ownership • Research and technology development • Internationalisation

  7. State participation

  8. R&D - National Strategy for the 21st Century Short Application Demonstration R & D term R & D “large scale”

  9. 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

  10. Internettadresse - Internet address www.oed.dep.no www.mpe.dep.no CLICK HERE TO RETURN TO NORWEGIAN DELEGATION PAGE

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