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The Ormen Lange Offshore Gas Projecton the Norwegian Continental Shelf Implementation of Systematic Management WorkProcesses when managing Deep water Projects Senior Vice President Bengt Lie Hansen, Norsk Hydro Chairman of the Ormen Lange Unit Committee The World Petroleum Conference Rio de Janeiro, September 1-5, 2002 Norsk Hydro ASA – Operating revenues 2nd quarter 2002 Features Facts Key Project Milestones Key Development Challenges Demand for Gas in UK Gas Supply and Demand in Europe Possible Gas Suppliers to Europe Ormen Lange provides new significant gas transport capacity: The Top Reservoir Structural Depth Map The Storegga Slide Local Topography Concept Selection Late 2002 Gas Treatment Terminal, Nyhamna Concept Selection Late 2002 Full Processing – and Export Offshore Platform Concept Selection Late 2002 Concept Selection Late 2002 Concept Selection Late 2002 Key Project Management Processes Governance Process Governance Process Governance Process Governance Process Sweeping statment Selection Processes Concept Selection Selection Processes Selection Processes Risk Management Risk Management Key Challenges Ahead Verify slide stability Establish Market and Transportation Strategy in a new commercial environment Select Ormen Lange Development Conceptin 2002 Submit Plan for Development and Operationto the Authorities autumn 2003 Select and implement Project Execution Procurement Strategy Thank you for your attention Economic Development Environmental Protection Social Responsibility Ormen Lange Key Value Areas Identify Criteria Society Economics Environment Evaluate Options against Criteria Option 1 Option 2 Criteria 1 Criteria 2 Criteria 3 Ormen Lange Offshore Processing Onshore Processing Selected Concept Transport Selection process Selection process Selection process Selection process Selection process Selection process Selection process Selection process Onshore Site Concept Selection Transport Selection Subsea to Land (SSL) Site Selection
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