Download Missed Opportunities

Missed Opportunities
My Perceptions !
Martin Bekkeheien
Statoil
FORCE, 08.04.2002
The Norwegian Continental Shelf
Snøhvit
Harstad
Norne
Heidrun
Åsgard
Kristin
Tyrihans
Mikkel
Njord
Ormen Lange
Snorre
Murchison
Visund
Gullfaks
Statfjord
Kvitebjørn
Huldra
Veslefrikk Troll
Bergen
Oseberg
Frigg
Heimdal
Grane
Sleipner
Varg
Ekofisk
Trondheim
Oslo
Stavanger
Yme
Wealthy Norway; Easy come – easy go !
Oil and Gas Production
1980-2020, thous ands barre ls o.e . pe r day
6000
5000
4000
3000
2000
1000
0
1980
1985
1990
1995
Oil
2000
2005
Gas
NGL
2010
2015
2020
From Nothing to Something
in less than one generation
Operators of production in 50+ m water depths
Strong positions
• Pipelines and
terminals
• Crude marketing
• Gas marketing
• Offshore loading
• Methanol and GTL
• Gas to Bio-protein
• LNG
The Context
Geopolitical
• Cold War, Middle East…….. => Terrorism
• National protection…………. => WTO, remove barriers
European
• Economic growth
• Energy security………………. => Sustainability
National
• Industrial capabilities………. => Lack of visionary
• National ownership…
Leadership
Industry
• NOC protection……………….. => Competition
• 7 sisters …………………………. => Mega majors
45
40
?
35
Markets
• Seller’s ………………………….. => Buyer’s
• OPEC – high oil prices……… => ?????
30
25
20
15
10
5
0
1970 1972 1974 1976 1978 1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002
NCS - How we create value

Economic rent

Economic performance







People
Competencies
Technologies
Effective Practices
Learning and Improving
Sharing, Networking
Synergies in Education, R&D, Capability Building
The bridge to the ”new economy”
Information and Knowledge
Based Value Creation
Industrial
Based Value Creation
Industrial ”heavy” GDP
20th century
NCS
Bridge
Services and Knowledge
”heavy” GDP
21th century
• Knowledge intensive
• Technology intensive
• IKT intensive
• Environmental challenges
• Global Industry / Business
Missed Opportunities

Investments in Education and R&D

Equity Capital and Ownership Institutions

Turning a unique cluster into Competitive Advantage

Enhanced NCS value creation

The looser: The Norwegian Society
We have Money – but lack Leadership!
Competitive Educational Institutions

Requires a new scale of collaboration !!
 Government => Leadership, funds and policies
 Industry
 Universities

•
•
•
•
•
•
Attracting talents
Project Based Learning
Education and Life Long learning - integration
Student projects
Dr. thesis projects
E-learning / Simulators
Challenges;
 Execution, performance and accountability
 Perceptions, mindset, culture
Can FORCE influence ?

????????????????????

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Care - Think - Act !