GullfaksVillage2010 – Visit to Bergen 3/3 2010 Program

1. GullfaksVillage2010 – Visit to Bergen 3/3 2010Program

2. Statoil in Bergen • Statoil and Hydro were both of similar size before the merger, and after Statoil is the largest employer in Bergen. • Gullfaks Operations moved from Sandslihaugen to Sandsliveien. • A new unit called Reserves and Plans Bergen were formed to focus on IOR Classification: Internal Status: Draft

3. GullfaksVillage2010 – Bergen 3/3 2010Program 11:00    Welcome to Statoil in Bergen     Petter Eltvik 11:30    Tapas lunch  Outside Auditorium        12:00    Experts in Team in Statoil Gullfaks Ole Jørgen Birkenes      12:15    Some cost data and economic assumptions Petter Eltvik 12:30 Review of part A reports and part B assignments in individual groups   Group 1 : LU007 Petter Eltvik/ Karl Sigurd Årland Group 2 : LU004 Johan Eck-Olsen/Petter Eltvik Groups 3&4 : L1004 Knut Muller/Ole Jørgen Birkenes Group 5 : L1003 Eli Gule/Petter Eltvik Group 6 : L1001 Esther Matland/Leif-Kristian Tveiterå 13:30 – 15:00 Review of Gullfaks Sør Statfjord in Cave Gunnar Halvorsen Groups 3&4 kl 13:30, Groups 5&6 kl 14:00 and Groups 1&2 kl 14:30 15:00    Review of the day/Summary Auditoriet     16:00 Departure for Dolly Dimples, Kokstad         

4. GullfaksVillage 2010 Overview over Statoil contacts Group 1: Environmental Challenges by adding Chemicals to the WI Contact in Statoil: Petter Eltvik; petel@statoil.com. (also Karl Sigurd Årland) Group 2: Drilling through depleted Brent Gr. Contact in Statoil: Johan Eck-Olsen; jeo@statoil.com Group 3: Improved oil recovery with Smart wells. Contact in Statoil: Knut Muller; knmu@statoil.com Group 4: Improved oil recovery with Smart wells Contact in Statoil: Ole Jørgen Birkenes; olbi@statoil.com Group 5: Improved oil recovery with WI Contact in Statoil: Eli Gule egul@statoil.com Group 6: Geological and Geophysical uncertainties Contact in Statoil: Esther Matland estm@statoil.com(also Kristian Tveiterå)

5. Statoil on the NCS Statoil main operator: • 70% of Norway’s oil production • 90% of Norway’s gas production • 34 oil and gas fields High exploration activity: • 2009 – high activity level • 39 exploration wells (34 Statoil operated). • Since merger, • 33 commercial discoveries • 4 dry wells

6. Bergen is central in Statoil Harstad Many important fields and installations are tied to Bergen through geography, logistics and organization. In addition comes processing facilities on Sture, Kollsnes and Mongstad Refinery at shore. Stjørdal Bergen Stavanger Offices Fields operated by Statoil

7. Sandsli – 2.400 employees Mongstad - 600 employees Sture – 200 employees Kollsnes – 200 employees Ågotnes – 70 employees Offshore personnel resident in Hordaland – 800 people. 26 service stations Statoil purchased goods and services worth NOK 10 billion in Hordaland during 2004. Many employees – major purchases

8. Statoil in Bergen • Technology and New Energy is managed from Bergen • A large base for operations • Production: Gullfaks, Visund, Troll, Kvitebjørn, Huldra, Veslefrikk, Oseberg, Brage, Grane, Fram, Heimdal, Tune • Drilling and Well: Bergen is the largest of three main centers in Norway with 18 ongoing drilling operations and 3 – 6 well interventions • Operations: Catering, supply base, heliport, emergency prepardness, operations- and maintenance technology, modifications and projects • R&D • Reserves and Plans • Training • 5000+ employees in the larger Bergen region

9. TECHNOLOGY & NEW ENERGY Finance and control People, organisation and HSE Margareth Øvrum Torje Saur Heidi Drilen Communication EARLY PHASE AND CONCEPT DEVELOPMENT GLOBAL EXPLORATION TECHNOLOGY MARINE TECHNOLOGY AND OPERATIONS PROCESS AND PROCESSING TECHNOLOGY SUB-SURFACE TECHNOLOGY RESEARCH AND DEVELOPMENT Bård Krokan Øystein Håland Bjørn Kåre Viken Halfdan Knudsen Morten Loktu Bjarne Bakken NEW ENERGY Bergen Bergen Bergen Stavanger Stavanger Trondheim Stavanger Stavanger Bergen Bergen Bergen Alexandra Bech Gjørv Organisation Gine Wang

10. Reservoir management Driving technology development Environmental technology Exploration technology Subsea field development Gas chain technology

11. Statoil Mongstad:Oil and gas refining for the future • Refinery • Crude oil terminal • Second largest oil port in Europe – About 2000 ship calls per year. • Petrol production is roughly twice Norway’s own consumption

12. Sture og Kollsnes: • Kollsnes • Processes gas from Troll A, Kvitebjørn and Visund. • The gas is exported via two independent pipelines to continental Europe. • Sture • Oil terminal for oil from Oseberg and Grane. • The oil is exported with tankers.

13. Gullfaks A, B & C:Long lived giants with still more to give • On stream in 1986, 1988 and 1989 • First field developed by Statoil • Producing about 190 000 barrels of oil per day • Major future challenge is to extend producing life • Already well beyond first predicted life expectancy

14. Troll:North sea gas giant Platform • 80 km north-west of Bergen • 472 metres high • Delivers 50 per cent of Statoil’s gas production Field • On stream since 1996 • Will deliver gas to Europe for 60-70 years • The gas comes ashore at Kollsnes

15. Kvitebjørn • Came on stream in Oct 2004 • Delivers dry gas to continental Europe via Kollsnes • Delivers NGL to Mongstad for processing into butane, propane and naphtha • The reservoir is 4 000 metres down, and features high pressure and temperature

16. Two of the other fields with connection to Bergen Huldra & Veslefrikk • Oil and gas • Huldra remotely operated from Veslefrikk • “Late-life” Visund • Produces both oil and gas • Gas piped to Kollsnes, oil to Gullfaks Veslefrikk Visund Huldra

17. Thank you GullfaksVillage Statoil in Bergen Petter Eltvik Project Manager GO Project petel@statoil.com, tel: +47 91 82 09 39 www.statoil.com