1. Opportunities Oil & Gas SSEA
Asia Day, Trondheim
10 June 2013

2. 2
Malaysia
Source: Wood Mackenzie’s Pathfinder
(Extracted from MIDA ‘s Meet Malaysia
Investment Opportunities in Asia Oil & Gas Hub)

3. MALAYSIA – E & P Acreages
Exploration
Acreages: 570.000 km2
Reserves: 22.64 bil boe
PSCs Awarded: 95
• Exploration: 47
• Development: 10
• Production: 38
Fields discovered
• Oil: 173
• Gas: 257
Producing Fields
• Oil: 77
• Gas: 55
320 platforms
Key Operators: 16

4. Three focus areas
• Enhanced Oil Recovery- current recovery factor 33%
USD 12 billion projects with Shell
USD 2.1 billion projects with ExxonMobil
9 project sanctioned
• Marginal fields development
3 Risk Service contracts signed
• Heighten exploration activities
Some 35 exploration wells for 2013
27 rigs – Jack-ups, semi & Tender. 3-4 more rigs
in 2013
4

5. MALAYSIA - offshore market by category 2011-2016
USD Million 2011 2012 2013 2014 2015 2016
R&S 470 451 573 675 898 852
EPC & Topside 1981 1801 2497 3153 3203 1866
Subsea 1013 965 1072 902 2336 2295
Well 3352 3675 4007 4463 5146 4752
Operations 2610 2831 3029 3432 3627 3097
Total 9426 9723 11178 12625 15209 12863
5
Source: INTSOK annual report 2012

6. MALAYSIA – Offshore operators 2013-2016 by category
UD $ mil Operations Well Subsea EPC &
Topside
R & S
Shell 4222 6776 2875 3673 660
Petronas 3677 3826 627 2904 675
ExxonMobil 2083 2827 216 1522 402
Murphy Oil 1486 1839 1855 1213 343
Hess 390 625 368 692 190
Total 11857 15893 5942 10004 2270
6
Source: INTSOK annual report 2012

7. MALAYSIA - Some selected upcoming projects
Project Operator Dev. Concept Start up
Kebabangan Shell Fixed 2015
Malikai Shell Floater 2016
Bergading Petronas Fixed 2014
Siakap North Murphy Oil Subsea 2014
Tapis EOR ExxonMobil Fixed 2014
Kamunsu East Shell Subsea 2016
Besar Petronas Subsea 2017
Ubah Crest Shell Subsea 2017
Janglau Lundin Petroleum Subsea 2020
Beryl Shell Fixed 2020
7
Source: INTSOK annual report 2012

8. Indonesia
8Photo: Jørgen Udvang

9. INDONESIA – Offshore market by category 2011 - 2016
USD mil 2011 2012 2013 2014 2015 2016
R & S 761 866 541 838 865 811
EPC & Topside 773 1305 1102 1474 2008 2004
Subsea 330 431 620 695 2064 2236
Well 2561 3254 2528 4144 4674 4700
Operations 2135 2274 2068 2346 2730 3021
Total 6560 8130 6859 9496 12341 12771
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Source: INTSOK annual report 2012

10. INDONESIA – Offshore operators by category 2013 - 2016
USD Mil Operations Well Subsea EPC &
Topside
R & S
Chevron 1469 4085 1691 1677 497
Eni 359 2467 1759 648 201
Total 2918 1430 148 691 203
Inpex 793 515 251 1304 120
CNOOC 723 345 54 431 84
Total 6261 8840 3901 4752 1106
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Source: INTSOK annual report 2012

11. INDONESIA – selected upcoming projects
Project Operator Dev Concept Expected Start-up
Stupa Total Fixed 2013
Jangkrik Eni Subsea 2016
Gendalo-Gehem Chevron Floater 2017
Tawes ConocoPhillips Subsea 2018
Gula Chevron Subsea 2020
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Source: INTSOK annual report 2012

12. India
12Photo: Brendan K Buckley

13. INDIA- offshore market by category 2011-2016
USD Million 2011 2012 2013 2014 2015 2016
R&S 285 649 798 621 1046 823
EPC & Topside 2126 1316 1119 1314 1404 2494
Subsea 1186 1307 610 1239 1456 2673
Well 2000 2614 3654 3391 4083 3370
Operations 1626 1519 1527 1592 1780 1949
Total 7223 7405 7708 8157 9768 11310
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Source: INTSOK annual report 2012

14. INDIA – Offshore operators 2013-2016 by category
UD $ mil Operations Well Subsea EPC &
Topside
R & S
ONGC 4014 5222 3492 3576 943
Reliance 1210 5387 2079 862 952
Gujarat State 243 1177 14 150 340
Essar Oil 403 198 78 1114 73
BHP Billiton 97 620 2 48 254
Total 5966 12604 5665 5750 2562
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Source: INTSOK Annual report 2012

15. INDIA – selected upcoming projects
Project Operator Dev Concept Expected Start-up
Panna Mukati Tapti IOR ONGC Fixed 2016
Dhirubhai-39 Reliance Subsea 2016
Kanaka Durga ONGC Floater 2017
UD- 1 ONGC Floater 2018
Dhirubhai-38 Reliance Subsea 2018
D-1 ONGC Floater 2020
15
Source: INTSOK annual report 2012

16. 16

17. •Singapore’s maritime and oil & gas industry consists mainly:
 Shipbuilding
 Ship Repair
 Offshore
 Rig building (Jack-ups)
 Semi-Submersibles
 Drilling rigs
 FPSO / FSO conversions
•Total turnover for maritime and oil & gas industry is more than S$13 billion (NOK 60 billion)
annually
•The offshore is the industry’s leading sector representing about 60% of the industry’s total
turnover
•Singapore has about 70% of the world market share for building of jack-up rigs and FPSO
conversions
SINGAPORE - Opportunities

18. SINGAPORE Shipyards – Market by definition 2011-2016
USD Million 2011 2012 2013 2014 2015 2016
Engineering 579 473 566 551 576 589
SEP & V 2332 1827 2198 2137 2206 2276
Drilling Systems 989 948 1117 1095 1179 1181
Total 3926 3270 3901 3798 3969 4054
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Source: INTSOK annual report 2012

19. Thailand
19Photo: Jørgen Udvang

20. THAILAND - Oil & Gas Industry
Proven Reserves:
•Oil: 453 million barrels
•Gas: 10.1 trillion cubic feet
Exploration area: 274,636 Km2
Production area: 17,034 Km2
Platform: 331 units
Subsea pipelines: 3,000 km
Concession awards: 84 blocks
Players: 28 companies
20
Source: Ministry of Energy

21. THAILAND - Equipment and machinery market
Equipment &
machinery in Thailand
Oil & Gas industry
2013 Estimation
(Unit: million NOK)
Total market size 633
Total local production 266
Total exports 264
Total imports 631
21
Source: Ministry of Industry
Production and/or
storage vessels in
Thailand
No. of Units
FPSO 3
FSU or FSO 10
Mobile Production Unit 3
Total 16

22. THAILAND - Opportunities
22
Technology Fabrication
• EOR/ IOR
• Technology to improve
production solutions and
handling of field related
problems
• Technology for construction of
lighter/cheaper, more efficient
modules and offshore facilities,
and offshore plant treatment
facilities
• Gas separation technology
• 4D seismic and Carbon
Capture and Storage (CCS)
• Platform construction
• Construction of process and
utility topside modules for
platforms and FPSOs
• Construction of process and
utility modules for onshore
installations
• Construction of modules for
petrochemical plants
• Structure steel fabrication

23. THAILAND - Opportunities
23
Equipment and Machinery Services
• Exploration and production
equipment
• Process control equipment for
gas separation
• Pumps for dispersing fuel and
natural gas
• Underground and underwater
pipe for oil and gas
transmission
• High pressure vessels for
natural gas vehicles (NGV)
• Equipment for petrochemical
and chemical production
• Environmental protection
equipment
• Engineering, procurement and
installation (EPI) services
• Exploration and production
services
• Consultancy services in
engineering and management
• Consultancy services in risk
assessment and management
• Consultancy services in
environmental protection and
environmental management

24. Gas discovered
Oil
produced
Gas produced
Gas
produced
• Oil and gas activities in more
than 130 Blocks.
• Oil reserves 4.4 billion barrels
• Gas reserves 24.7 Tcf
• Production: oil 326,000 bpd &
gas 0.71 billion cm
• PetroVietnam invested USD11
billion in O&G exploration during
2000-2012
• PV signed >80 PSCs, BCCs &
JOCs with some 50 IOCs, NOC
worth over USD14 billion in
contract value
VIETNAM – Producing Basins

25. VIETNAM – Opportunities
• Increased oil recovery
• Drilling and production technologies, incl drilling rigs (70-
200m)
• Deepwater drilling & subsea technology
• Engineering, construction and production facilities
• Oil spill management
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26. Upcoming Oil & Gas Exhibitions
• 10th
ASCOPE Conference & Exhibition, Nov 28-30 2013
Ho Chi Minh City, Vietnam
• OTC Asia, March 25-27, 2014: Norwegian Pavilion
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27. >>> Back to index
Thank you for your attention
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Egil.Rensvik@innovationnorway.no