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Maximizing Benefits from Resource Development Norway- British Columbia Offshore Oil and Gas Roundtable Victoria, BC, November 18th, 2002 Deputy Minister of Petroleum and Energy Ms. Brit Skjelbred. Production and net export of crude oil incl. NGL. Facts 2002 figure 9.2.
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Maximizing Benefits from Resource DevelopmentNorway- British Columbia Offshore Oil and Gas RoundtableVictoria, BC, November 18th, 2002 Deputy Minister of Petroleum and EnergyMs. Brit Skjelbred
Production and net export of crude oil incl. NGL Facts 2002 figure 9.2
The state organisation of petroleum operations Facts 2002 figure 3.1
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
Preconditions for a sustainable petroleum sector • Continous HSE improvements • Maintain a competitive Norwegian • Continental Shelf • Petroleum industry
Norwegian petroleum policy - measures • Effective regulation and government ownership • Research and technology development • Internationalisation
R&D - National Strategy for the 21st Century Short Application Demonstration R & D term R & D “large scale”
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
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