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New OG21-strategy: New technology could result in petroleum worth billions and reduce CO2 emissions

Chairman of OG21, Elisabeth Kvalheim, handed over the new technology strategy for Norwegian petroleum industry to the Minister of Petroleum and Energy in Norway, Tord Lien, at the OG21-forum November 30th. It shows ten main priorities in several areas that together will provide better utilization of resources on the Norwegian continental shelf to lower costs and with lower greenhouse gas emissions.

Chairman of OG21, Elisabeth Kvalheim, presented the new OG21 strategy and the main recommendations from technology strategy at the OG21-forum November 30th (Photo: Photo: Dafina Shala, Research Council of Norway)

New technology can provide many new oil and gas discoveries and improved utilization of resources on the Norwegian continental shelf over the next decades, while greenhouse gas emissions are reduced, said Kvalheim at this year's OG21-forum.

The increased production is equivalent to up to 5,000 billion Norwegian kroners and could lead to projects that create several thousand jobs in the Norwegian supply industry.

The ten technology priorities outlined in the strategy are:
1. Improved energy efficiency: More efficient energy production and reduced energy consumption.
2. Zero emissions of greenhouse gases; Renewable power to offshore installations, electricity from shore, CO2 storage, CO2 use for enhanced oil recovery as well as alternative and cost-effective value chains for hydrocarbons.
3. Protection of the environment: Reduction of operational discharges, better management of safety barriers and minimize impacts of spills.
4. Subsurface Understanding; Better understanding of geology and reservoirs.
5. Drilling Efficiency and PEA: More effective well construction and plugging and abondonment.
6. Production Optimization: Process, downhole and intervention technology that increases regularity, availability and production of wells and installations.
7. Improved subsea and unmanned systems: Reduce overall development costs and expand opportunity space for subsea and unmanned production systems.
8. Enhanced oil recovery: Increase the production of mobile oils and enable the production of immobile oils.
9. Digitization: Enabling automation, autonomy and ICT technologies.
10. High North: Specific challenges in opened areas of the Norwegian part of the Barents Sea, including shallow reservoirs, carbonates, long distances, logistics and protection of the environment.

Read the new OG21-strategy here PDF - 13,6 MB

Link to the Norwegian summary of the OG21 strategy here PDF - 3,2 MB

More participants than ever at this year's OG21-forum
Over 250 people - the highest number of participants so far in the OG21-forum's history - from the industry, government, research institutes and universities showed up at this year's OG21 forum. The forum was opened by the Minister of Petroleum and Energy, Tord Lien, who talked about the historical importance of technology for the development of the Norwegian continental shelf the importance of technology in the future.

The Minister of Petroleum and Energy, Tord Lien, received the new OG21 strategy and gave the opening talk at the OG21-forum on November 30th. Lien encouraged and pointed out the importance of adopting new technology on the Norwegian continental shelf (Photo: Photo: Dafina Shala, Research Council of Norway)

- The oil and gas industry has solved complex challenges in the last 50 years on the Norwegian continental shelf. Technology and research will also be key on the way forward, says Lien in a story published on the website for the Norwegian Ministry of Oil and Energy on the 30th of November.

- Therefore I am glad that we have a close collaboration between the industry, government and research in OG21. We can all benefit from technology that can give us increased production and lower both costs and emissions, the Minister continues.

Need for oil and gas within strict greenhouse gas reduction goalsKamel Ben Naceur from the International Energy Agency (IEA) described the significant need for oil and gas in the future within strict greenhouse gas reduction goals in his lecture.

The director for Sustainability, Technology and Outlooks in the IEA, Kamel Ben Naceur, described the need for oil and gas within strict greenhouse gas restrictions during the forum (Photo: Photo: Dafina Shala, Research Council of Norway)

The Director of the Norwegian Petroleum Direcorate, Bente Nyland, showed what ample resources are still left on the Norwegian continental shelf, and that can help Norway to contribute to meeting demands outlined by the IEA in its scenarios.

The remaining presentations and discussions revolved around the contents of the OG21 strategy and also examples of solutions that the supplier industry have in their pipeline.

Students presented solutions to future technology needs

A new twist at this year's OG21 forum was short presentations given by selected students from different universities in Norway. Five students were given five minutes each to present their solution to a chosen topic from the new OG21 strategy. Student presentations were very well received and generated considerable enthusiasm among the audience.

Students Maria Marvik UiB (from left), Anna Kvashcuk from IOR center at the University of Stavanger, Arve Sleveland of Oslo, Andreas Hagset from ARCEx at UiT and Tonje Bjerga from NTNU, were invited to the OG21 Forum on November 30th. (Photo: Photo: Dafina Shala, Research Council of Norway)

Watch the video of the OG21 forum 2016 under:

OG21 Forum 2016

Dato :07.12.2016

You can also watch the video of the press conference held in regards to OG21-forum from 30.11.16 where the Minister of Petroleum and Energy, Tord Lien, received a copy of the new OG21-strategy under:

OG21-forum 2016 Pressekonferanse

Dato :06.12.2016

Written by:
Dafina Shala
Last updated: