Equinor Asa · OSL:EQNR
Equinor Asa — Statoil — Investor Presentation (December 2011)
8 slides from Equinor Asa's investor presentation, Dec 20, 2011
Slide 1: Statoil operatorship pre-salt Angola
Early access at scale Statoil operatorship pre-salt Angola 20 December, 2011
Slide 2: From partner to operator – building on 20 years in Angola
From partner to operator – building on 20 years in Angola 5 new blocks: • Operator: 38 & 39 (55 %) • Partner: 22, 25 & 40 (20 %) Facts: • 5 licenses • 31,000 km2 2
Slide 3: Angola - high potential pre-salt analogue to Brazil
Angola - high potential pre-salt analogue to Brazil Brazil A Brazil B •Strong knowledge of prolific basins •Three recent discoveries − Peregrino South (high impact) Map for illustration purpose only. Scale may be differ − Indra Indra − Gavea (pre-salt) Brazil Rio de Janeiro Gavea Luanda Angola A C P
Slide 4: Competitive landscape – realistic work program
Competitive landscape – realistic work program Statoil will have a financial commitment of approximately 1400 MUSD including: •Signature bonuses and contribution to: − The development of Sonangol’s Research Technology Center − Social projects − Training programs for Sonangol employees •Minimum work
Slide 5: Angola – a key growth platform for Statoil
Angola – a key growth platform for Statoil • Building on long time presence and experience in Angola • Already partner in blocks 4/05, 15, 15/06, 17 and 31 • Among the largest producers in the country • Angolan shelf largest contributor to Statoil’s production outside Norway (173 mboe per day in 201
Slide 6: Excellent strategic fit
Excellent strategic fit Strong deliveries in 2011 Step-up in exploration activity Early access at scale Areas with high impact wells next 2-3 years • Angolan pre-salt access • Kazakhstan access* • Indonesia licenses More high impact wells • Aldous/Avaldsnes discovery • Peregrino South discovery • Sk
Slide 7: A technology focused upstream strategy
A technology focused upstream strategy Revitalise NCS with high value Continue portfolio barrels Create value from management to a superior gas enhance position value creation Production above 2.5 million boe/d in 2020 Apply technology Build material to expand in positions in 3-5 prolific unconventi
Slide 8: There's never been a better time for good ideas
There's never been a better time for oOd ideas