FLOW ASSURANCE CONFERENCE

3rd of march 2016 at Tiller and Lerkendal, Trondheim,

Norway OIL&GAS UNDER PRESSURE - CUTTING COSTS BY IMPLEMENTING GREENER TECHNOLOGY

Illustration by Empig

AGENDA Transport: 0930 from Scandic Lerkendal to Sintef Multiphase flow lab at Tiller

PART 1: 1000-1130 Opening of SINTEF Multiphase flow lab 3.0 at Tiller Opening by Norwegian Petroleum and Energy minister Tord Lien Sintef by Alexandra Bech Gjørv, CEO Norwegian Research Council by Asbjørn Mo, department director IFE by Kristian Sveen, department manager

Transport: 1130 from Sintef Multiphase flow lab at Tiller to Scandic Lerkendal

1145-1300 LUNCH at Scandic Lerkendal

1240 – 1300 RBK by Tove Moe Dyrhaug CEO Rosenborg Football Club PART 2: 1300 - 1600 Conference (Host: Ola By Rise) Opening by Norwegian Petroleum and Energy minister Tord Lien Statoil by Elisabeth B. Kvalheim, , CTO, TPD Research and Technology, Statoil ASA Det norske oljeselskap by Karl Johnny Hersvik, CEO Sintef by Jon Harald Kaspersen, Research director Kvaerner Piping Technology by Stig Pedersen Sales Manager & Empig v/ Fredrik Lund, CTO Enova by Inger Marie Malvik, Senior Advisor Innovation Norway by

PART 3: 1600 - 1700 Panel debate Led by Jo Stein Moen (MARINTEK)

Participants: Alexandra Bech Gjørv, Eirik Haugane, Elisabeth B. Kvalheim, Inger Marie Malvik, Karl Johnny Hersvik, Jan Arve Haugan, Per Gerhard Grini, Tord Lien, Tore O. Sandvik and Torkild R. Reinertsen

ORGANIZERS

PROGRAM 1000-1130: Opening of SINTEF Multiphase flow laboratory 3.0 at Tiller

The laboratory's main activity is flow assurance related research for the petroleum industry. It has contributed significantly to the development of multiphase flow simulators, and this is still an ongoing activity. Development of hydrate cold flow technology and sand transport studies are currently also main topics.

Photo by SINTEF

1000 – 1015 Official opening by Norwegian Petroleum and Energy minister Tord Lien How OED acknowledge the vital role research infrastructure like SINTEF Multiphase Lab play as an enabler for developing new and greener technology to reduce costs and by doing so secures the Oil & Gas industry to continue being a vital industry for Norway also in the future. 1015 – 1035 Alexandra Bech Gjørv, CEO SINTEF How SINTEF Multiphase flow lab has contributed to the growth of Norwegian Oil and Gas industry and what the future plans are 1035 – 1055 Asbjørn Mo, department director, Norwegian Research Council Coordination of exploitation and financing of the National Research Infrastructure 1055 – 1115 Kristian Sveen, department manager IFE Through three decades IFE and SINTEF have competed when possible and collaborated when sensible to develop multiphase transport technology through the use of great mathematicians and state of the art laboratories. This development would not have been possible without substantial investments in infrastructure, oil companies with a will and desire to invest in new technology and, last but now least, the Norwegian collaborative spirit - the untranslatable spirit of dugnad. 1130 – 1145 Transport There will be bus transport available for transporting guests and participants from Tiller to Scandic Lerkendal Congress hotel.

Opening of SINTEF Multiphase flow lab 3.0 speakers

Tord Lien will do the official opening of SINTEF Multiphase lab 3.0 at Tiller speaking about how OED acknowledge the vital role research infrastructure like SINTEF Multiphase Lab play as an enabler for developing new and greener technology to reduce costs and by doing so secures the Oil & Gas industry to continue being a vital industry for Norway also in the future.

Tord Lien, Norwegian Petroleum and Energy minister

Alexandra Bech Gjørv will draw the line from the early day of SINTEF towards today and speaking about how SINTEF Multiphase lab has contributed to the growth of Norwegian Oil and Gas industry and what the future plans are.

Alexandra Bech Gjørv, CEO SINTEF

Asbjørn Mo will speak about the vital role NRC plays in the founding of national research infrastructure and how important the coordination of exploitation and financing of the National Research infrastructure is.

Asbjørn Mo, Department Director Norwegian Research Council

Kristian Sveen will speak about how through three decades IFE and SINTEF have competed when possible and collaborated when sensible to develop multiphase transport technology through the use of great mathematicians and state of the art laboratories. This development would not have been possible without substantial investments in infrastructure, oil companies with a will and desire to invest in new technology and, last but now least, the Norwegian collaborative spirit - the untranslatable spirit of dugnad.

Kristian Sveen, Department Manager IFE

1145 – 1300: Lunch

Photo by Scandic

1230 – 1250 Tove Moe Dyrhaug CEO Rosenborg Football Club How RFC managed to cut costs and still win both the national series and the national cup final. While we are enjoying a lunch at the Scandic Lerkendal Congress centre overlooking the RFC home stadium we will be hearing the story about how Rosenborg Football Club managed to go from almost bankruptcy and a position on the lower half of the national league table to a sound economy and also becoming winner of both the national football league and the national football cup in just few years. Can we be inspired and learn something from them?

Lunch session speaker

Tove Moe Dyrhaug will give us the story about how Rosenborg Football Club managed to go from almost bankruptcy and a position on the lower half of the national league football league table to a sound economy and also becoming winner of national football league and cup in just few years.

Tove Moe Dyrhaug, CEO Rosenborg football club

1300 – 1600: Flow assurance conference

1300 – 1310 Introduction and practical information by conference host Ola By Rise Ola By Rise will help us get through the day smoothly by keeping a red thread and by introducing the speakers and summing up the different parts as well as keeping our time schedule

1310 – 1330 Conference opening by Norwegian Petroleum and Energy minister Tord Lien Green technology equals cost reduction. How Oil and gas should utilize greener technology to reduce costs to continue to be a vital industry for Norway also in the future. Norwegian Oil & Gas is part of the global climate solution, contributing to reduced CO2 emissions in Europe be replacing coal by gas and our new and greener technology will also have a major impact on Norwegian C02 emissions by being less energy demanding and cost effective.

1330 – 1350 Statoil ASA by Elisabeth B. Kvalheim, CTO, TPD Research and Technology Innovate and accelerate to shape the future of energy. How Statoil look upon the future, both in field and technology development; subsea factory and gas to pipe. How Statoil will take an active role in contributing to develop new greener technology and what they expect / need from academia and industrial partner / technology owners

1350 – 1410 Det norske oljeselskap ASA by Karl Johnny Hersvik, CEO “Turning the crisis to an opportunity” How Det Norske Oljeselskap look upon the future, both in field- and technology development. How they will take an active role in contributing to develop new greener technology and what they expect / need from academia and industrial partner / technology owners

1410 – 1430 Coffee Break Leg stretching and hefty discussions over a cup of coffee or tea.

1430 – 1450 Sintef by Jon Harald Kaspersen, Research director Sintef Petroleum How SINTEF can contribute by delivering more industry focused research in close cooperation with the industry – challenges and possibilities. Cold Flow technology; a game changer for Oil & Gas industry, potential (cost reduction and less energy consumption) status and necessary research steps towards industrialisation.

1450 – 1510 Kvaerner by Stig Pedersen, Sales Manager Kvaerner Piping Technology & Empig v/ Fredrik Lund, CTO KPT from sub supplier to technology development, capacities, competences and strategic decisions to partner with EMPIG for developing the Cold Flow technology, EMPIG InFlow cooler the business case, where they are with their technology, how they plan to develop it further and what they need from O&G companies, research and industrial partners

1510 – 1525 Enova by Inger Marie Malvik, Senior Advisor Enova as a business partner - what we can contribute with in the oil & gas industry. Enova’s objective is to promote environmentally friendly energy restructuring. This involves change over time. Enova’s most important tool is the financing we contribute to projects to introduce greener technology to the market

1525 – 1540 Innovation Norway How Innovation Norway can contribute in risk reducing measurement with founding of new technology, and examples of success cases

1540 – 1600 Coffee Break Leg stretching and hefty discussions over a cup of coffee or tea

Conference speakers

Ola By Rise will be the conference host, leading us through the day smoothly by keeping a red thread introducing the speakers and summing up the different parts as well as keeping our time schedule

Ola By Rise, Municipal Director Trondheim

Tord Lien will speak about what the Oil & Gas industry needs to focus on and how the Government will assist and facilitate new growth. Green technology equals cost reduction. Oil and gas should utilize greener technology to reduce costs and continue to be a vital industry for Norway also in the future. Norwegian Oil & Gas is part of the global climate solution, contributing to reduced CO2 emissions in Europe be replacing coal by gas and our new and greener technology will also have a major impact on Norwegian C02 emissions by being less energy demanding and cost effective.

Tord Lien, Norwegian Petroleum and Energy minister

Elisabeth B Kvalheim has worked for Statoil since 1992 and has held various professional and leadership positions within technology, projects and operations. The positions includes drilling and well engineer, platform manager at Åsgard A, project manager, vice president for drilling facilities and senior vice president for Technology Excellence. She will give us an update on Statoil’s plans for the future and their view on the challenges Oil & Gas faces. How Statoil look upon the future, both in field and technology development; subsea factory and gas to pipe. How Statoil will take an active role in contributing to develop new greener technology and what they expect / need from academia and industrial partner / technology owners

Elisabeth B. Kvalheim, CTO, TPD Research and Technology, Statoil ASA

Karl Johnny Hersvik, will speak about Det norske oljeselskaps future plans and how they look upon the current situation, both in field and technology development. How they will take an active role in contributing to develop new greener technology and what they expect / need from academia and industrial partner / technology owners

Karl Johnny Hersvik, CEO Det norske oljeselskap

Jon Harald Kaspersen will give us SINTEF view on …. and speak about how SINTEF can contribute by delivering more industry focused research in close cooperation with the industry – challenges and possibilities. Cold Flow technology; a game changer for Oil & Gas industry, potential (cost reduction and less energy consumption) status and necessary research steps towards industrialisation.

Jon Harald Kaspersen, Research director Sintef Petroleum

KPT from sub supplier to technology development, capacities, competences and strategic decisions to partner with EMPIG for developing the Cold Flow technology, EMPIG InFlow cooler the business case, where we are with our technology, how we plan to develop it further and what we need from O&G companies, research and industrial partners

Stig Pedersen, Sales Manager Kvaerner Piping Technology

Fredrik Lund will give us an update on the EMPIG Cold Flow technology and speak about the EMPIG InFlow cooler as a business case, where they are with their technology, how they plan to develop it further and what they need from O&G companies, research and industrial partners

Fredrik Lund, CTO EMPIG

Inger Marie Malvik will be using industry examples on how green technology can lead to good business cases. She will also speak about how Enova can contribute in the demonstration of new technology by risk reducing measurements as their new O&G focused founding mechanism.

Inger Marie Malvik, Senior Advisor Enova

BILDE og NAVN NN will speak about how IN can contribute in risk reducing measurement with founding of new technology, and show examples of success cases

NN Innovation Norway

1600 – 1700: Panel debate Panel debate leader Jo Stein Moen, communications director, MARINTEK

Focus and theme for the debate How can we take measures to ensure that the Norwegian oil and gas industry also will play a vital role in the future both nationally and globally? – better cooperation and responsible partnership between O&G companies, technology companies and academia. We need to cooperate closer to develop future green petroleum technology enabling cost reductions both in CAPEX and OPEX as well increasing resource utilization.

How can we speed up the process of taking new and greener technology in use? – founding is a crucial key. How can we ensure better founding mechanism in financial difficult times, how can existing founding mechanisms be better utilized from early stage idea towards industry ready technology. What are the barriers and how can we leap over them?

Panel debate participants

Jo Stein Moen will lead the panel debate and challenge the participants to contribute on the vital themes and securing a lively and focused debate

Jo Stein Moen, Communications Director MARINTEK

Erik Haugane is an experienced and well known person in the Oil & Gas industry and was co-founder and CEO of Det Norske Oljeselskap. His new company OKEA is an oil company established in Trondheim 2015. OKEA will contribute to the value creation on the Norwegian Continental Shelf with cost effective development and operation systems. OKEA will not explore for petroleum but utilize the results of the previous and ongoing exploration activities. Among all the discoveries not developed, there are millions of barrels of oil that OKEA is committed to bring on stream in a strategic cooperation with key service companies.

Eirik Haugane, CEO OKEA AS

Det norske is a fully-fledged E&P company with exploration, development and production activities on the Norwegian Continental Shelf (NCS). Det norske is the operator of the producing Alvheim field and for the Ivar Aasen field development. In addition, the company is partner in the Johan Sverdrup field. Det norske has an active exploration programme on the Norwegian shelf and an ambitious strategy for growth. Det norske’s headquarters are located in Trondheim, with branch offices in Stavanger, Oslo and Harstad.

Karl Johnny Hersvik, CEO Det norske oljeselskap

Statoil is an international energy company with operations in 36 countries. Building on more than 40 years of experience from oil and gas production on the Norwegian continental shelf, we are committed to accommodating the world's energy needs in a responsible manner, applying technology and creating innovative business solutions. We are headquartered in Stavanger, Norway with approximately 22,000 employees worldwide.

Elisabeth B. Kvalheim, CTO, TPD Research and Technology, Statoil ASA

The principal responsibility of the Ministry of Petroleum and Energy is to achieve a coordinated and integrated energy policy. A primary objective is to ensure high value creation through efficient and environment-friendly management of Norway’s energy resources.

Tord Lien, Norwegian Petroleum and Energy minister

SINTEF has been a key research partner ever since oil and gas exploitation began on the Norwegian shelf 50 years ago. We have expertise across the entire value chain, from exploration to production and the storage of CO2. Our task is to enhance the mapping and production of Norwegian and global oil and gas resources in a profitable, safe and environmentally sustainable manner.

Alexandra Bech Gjørv, CEO SINTEF

Per Gerhard Grini will as program chairman for Petromaks2 represent the national founding program for petroleum technology development. Petromaks2 has five focused themes Theme 1. Energy efficient and environmentally friendly technologies. Theme 2. Exploration and improved recovery. Theme 3. Cost-effective drilling and intervention. Theme 4. Future technologies for production, processing and transportation. Theme 5. Preventing major accidents, work related illnesses and injuries in the petroleum activities.

Per Gerhard Grini, Program Chairman Petromaks2

Jan Arve Haugan has been CEO in Kvaerner since 2011. Kvaerner is an international knowledge based company with focus on HSSE, cost control and efficiency. Kvaerner is a well-established organisation with 2 900 expert employees and tailor-made facilities focused on EPC deliveries. They hold a world-leading track record in delivering challenging projects globally. Solid financial platform, annual revenues of more than NOK 14 billion (2014), including joint ventures. Active key shareholders with strategic perspectives. Leading position in important markets, well positioned to service growth in key segments

Jan Arve Haugan, CEO Kvaerner

Enova SF was established in 2001 in order to drive forward the changeover to more environmentally friendly consumption and generation of energy in Norway. We do this via targeted programmes and support schemes in the areas in which the greatest effect in the form of saved, converted, or generated clean energy can be documented.

Inger Marie Malvik, Senior Advisor Enova

REINERTSEN AS was established in 1946 and is today a supplier company in the oil & gas, and new energy. The company is owned by the family Reinertsen, and led by Torkild R. Reinertsen. The organization is characterized by high level of education and extensive experience. REINERTSEN AS is a technology provider in the market areas of oil and gas, process industries and new energy. We provide services throughout the value chain, from project management and engineering, fabrication, installation and operations support (EPCI). REINERTSEN has a workforce of rundt1300 employees and a turnover of approximately 2.1 billion (2014). After restructuring focuses REINERTSEN now on:

Process plants for offshore and onshore Subsea infrastructure, production and processing REINERTSEN AS has operations in Trondheim, Oslo, Bergen, Orkanger, Tjeldbergodden, Stenungsund, Gothenburg, Stockholm and Murmansk.

Torkild R. Reinertsen, Managing Director REINERTSEN AS

Tore O. Sandvik is deeply engaged in the development of sustainable work places in the Sør-Trøndelag county and is always pushing and trying to lay the ground for continued growth in the region.

Tore O. Sandvik, County Council Sør-Trøndelag County