uk-norway north sea co-operation workgroup - transport & infrastructure theme simon c bennett
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UK-Norway North Sea Co-operation Workgroup - Transport & Infrastructure Theme Simon C Bennett Business Unit Leader BP, North Sea Infrastructure. Overview – Where are We?. Business Context. UK gas demand and security of supply – Norway gas resource - PowerPoint PPT PresentationTRANSCRIPT
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UK-Norway North Sea
Co-operation Workgroup- Transport & Infrastructure Theme
Simon C BennettBusiness Unit Leader
BP, North Sea Infrastructure
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Overview – Where are We?
• UK gas demand and security of supply – Norway gas resource
• Inefficient or sub-optimal development of near median line resource
• Infrastructure ullage
• Hurdles to cross border business …… some joint, some UK, some Norway… some real, some perceived
• T&I being worked both Norway and UK sides
• Key issues
• Case Studies
• How to overcome hurdles
• Government involvement
Progress
Business Context
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Physical/TechnicalNTS CapacityFiscalGovernment/LegalInfrastructure Marketing
Issues being worked
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Issue groupings
Joint UK Norway
Physical/Technical Gas spec & metering; Standards; Inspection & regulation
Longevity; Conflicting field developments; Wet vs. dry gas.
Supply capabilities
NTS Gas specification (?) St Fergus entry charges; Predictability of entry charges.
Fiscal Tax leakage UK / Norway; Reduce uncertainty.
Differential treatment of infrastructure
Fiscal boundary on future projects
Legal Treaty amendment / new; Double jurisdiction; Differences in approval, regulation, inspection processes
Competition law – existing JOAs
Infrastructure Marketing
Codes of Practice (?) Size of prize
Develop UK offer Increase UK understanding of Gassco, Gasled II.
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Case Studies & Teams
Case Study Analogue Transport & Infrastructure
New cross-border field development
Gudrun Rune Brathen (Statoil)
Roger Wilson* (Marathon)
Field Re-development Statfjord – Brent Fiona Macleod (Shell)
Svein Roar Englesen (Shell)*
Cross-border
oil transportation
Ula-Gyda Jan Norheim* (BP Norway)
Andrew Hadjitofi (BP UK)
Large gas
transportation/processing
Ormen Lange Chris Spencer* (Shell)
Andrew Hadjitofi (BP)
* Lead NPD / DTI will input to all Cases
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Issues for Gov’t - Gov’t Attention
o
• Treaty clarification & enhancements
• Tax transparency & leakage
• Joint Infrastructure Code of Practice?
• Helping industry understand and adapt to UK-Norway-EU issues, e.g. Competition Law
• Participation and Technical input to case studies
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Forward Plan
• Develop case studies jointly to illustrate the issues
• Seek ways forward on solutions
• Identify global analogues where barriers have been addressed
• Provide input to the Economics Group to assist in defining the size of the prize
• Joint report under development
• Further joint T&I Group Meetings planned for June