The Norwegian Energy Day Improved Oil Recovery in the Age of Energy Transitions

Norris Conference Center - Houston CityCentre March 5, 2020

Johan Sverdrup Oil Field Photo: Equinor Overview

The Norwegian Energy Day 2020

Improved Oil Recovery in the Age of Energy Transitions

Innovation Norway, Norwegian Energy Partners, and the Royal Norwegian Consulate General have the pleasure of welcoming you to the Norwegian Energy Day 2020.

We are happy to have you join us for an informative and dynamic conference featuring high caliber analysts, energy executives, project developers, academics, and more. They will present their views on key developments and innovative solutions in the age of energy transitions with a special focus on Improved Oil Recovery (IOR).

The conference opens with a market overview, followed by presentations and a panel on energy transitions by international energy companies. We will get more specifi c insight into IOR research and projects around the world. We will also hear how the rapid change of access to capital markets will impact energy companies and the supply industry. Several innovative companies from Norway will present cutting-edge technologies.

The conference will feature international executives and technology experts from ConocoPhillips, DNB, Equinor, ExxonMobil, Rystad Energy, Stephens Inc., Shell, TGS, U.S. Department of Energy, University of Bergen, and the National IOR Centre of Norway.

The conference will conclude with a mingling session.

We thank our sponsors for their contribution!

2 The Norwegian Energy Day 2020 Agenda

8:00 am - 8:30 am Registration 8:30 am - 8:40 am Welcome, Hilde Skorpen; Norwegian Consul General 8:40 am - 8:50 am Norwegian Funding Opportunities, Innovation Norway, GIEK, and Export Credit

Session 1 8:50 am - 9:10 am State of the Energy Market, Jon Duesund; Rystad Energy 9:10 am - 9:30 am How Access to Capital Markets is Rapidly Changing, Scott Joyce; DNB 9:30 am - 10:10 am Panel: Energy Executives on the Future of Oil and Gas Moderated by: James Wicklund; Stephens Inc. Panel: Erik Oswald; ExxonMobil, Martin Stäuble; Shell, and Kristian Johansen; TGS 10:10 am - 10:30 am Q&A, Speakers Answer Questions from the Audience 10:30 am - 10:50 am Coff ee Break

Session 2 10:50 am - 11:10 am Smart Water EOR, Emerging Technology, Skule Strand; National IOR Centre of Norway 11:10 am - 11:30 am DOE - Off shore Research Portfolio, Elena Melchert; U.S. Department of Energy 11:30 am - 12:10 pm Updates on Norwegian Innovative Technologies 12:10 pm - 12:50 pm Lunch

Session 3 12:50 pm - 13:10 pm An Overview of COP’s IOR Activities, Ben Lascaud; ConocoPhillips 13:10 pm - 13:50 pm Updates on Norwegian Innovative Technologies 13:50 pm - 14:10 pm Disruptive New CCUS Technologies for more Sustainable EOR Arne Graue; University of Bergen 14:10 pm - 14:30 pm Coff ee Break

Session 4 14:30 pm - 14:50 pm Johan Sverdrup – An Inspiration for Gulf of Mexico Girish C. Saigal; Equinor 14:50 pm - 15:30 pm Updates on Norwegian Innovative Technologies 15:30 pm - 15:40 pm Closing Remarks 15:40 pm - 16:00 pm Mingling

The Norwegian Energy Day 2020 3 Consul General of Norway

Hilde Skorpen Consul General, Royal Norwegian Consulate General

Ms. Skorpen took up the position as Norway’s Consul General in Houston in September 2019. Prior to her current posting, Ms. Skorpen served as head of the Section for Busi- ness Relations at the Ministry of Foreign Aff airs in Oslo. She held the position of Consul General in San Francisco from 2013 to 2017, serving the thirteen western most states of the US. She has previously served as Ambassador for disarmament and non-prolif- eration, and as Deputy Permanent Representative to the Norwegian Mission to the UN in Geneva. Previous postings include the Norwegian mission to NATO in Brussels and the Embassy in Kuala Lumpur, Malaysia. She has also served as the Foreign Ministry’s Senior Faculty Advisor to the Norwegian National Defense College in Oslo. Ms. Skorpen earned a Ph.D. in Political Science and Interna- tional Relations at Boston University. Conference Moderator

Kristine Klavers Senior Vice President, Consulting Americas – Argus Media

Ms. Klavers is responsible for the Argus’ consulting business, which covers all energy commodities from crude, gas, products, and petrochemicals to fertilizers and metals. The Argus consulting team focuses on energy market analysis and technical due dili- gence supporting industry investment decisions. Ms. Klavers has more than 25 years of experience in consulting and is an expert on global fuels and refi ning. She serves as a member of the National Petroleum Council as appointed by the U.S. secretary of Energy. Prior to joining Argus, Ms. Klavers was in charge of Hart Energy’s research and consult- ing division, where she built their global presence, established the International Fuel Quality Center, and was publisher of FUEL Magazine. Previously she worked in the UK on the business management of oxygenated fuels for LyondellBasell, which acquired Arco Chemical in 1998, as well as a process engineer for Japanese Gasoline Company in Japan.

Argus is an independent media organization. The organization is headquartered in London and has 22 offi ces in the world’s principal commodity trading and production centers. Argus produces price assessments and analysis of international energy and other commodity markets, and off ers bespoke consulting services and industry-lead- ing conferences. Companies in 140 countries around the world use Argus data to in- dex physical trade and as benchmarks in fi nancial derivative markets as well as for analysis and planning purposes. Argus was founded in 1970 and is a privately held UK-registered company. It is owned by employee shareholders and global growth equity fi rm General Atlantic.

4 The Norwegian Energy Day 2020 Organizers

Innovation Norway is a Norwegian state-owned company and a National Develop- ment Bank. Innovation Norway’s main mission is to promote nationwide industri- al development with focus on both the business economy and Norway’s national economy. Norwegian companies may use Innovation Norway’s competence, advi- sory, promotional, and network services to succeed growing and fi nding new mar- kets. Innovation Norway are represented in more than 30 countries worldwide, with head offi ce in Oslo.

Contact: Erik Rindvoll Mail: [email protected] Phone: +1 832-888-5720

The Royal Norwegian Consulate General in Houston is Norway’s diplomatic mission in Houston, Texas. Norway has been represented in the South Central Region of the United States since it opened its fi rst Honorary Vice Consulate in New Orleans in 1906. The Consulate General has been located in Houston since 1977. The Con- sulate General provides consular services in the following states: Alabama, Arkan- sas, Florida, Kansas, Louisiana, Mississippi, Missouri, Nebraska, Oklahoma, Texas, U.S. Virgin Islands and Puerto Rico. The Consulate General is actively engaged in promoting the development of commercial, economic, cultural and scientifi c re- lations between the region and Norway. Strong ties already exist in a number of sectors, particularly with respect to oil and gas and shipping. The Consul General of Norway in Houston is Ms. Hilde Skorpen who took up the position on September 1, 2019.

Contact: Kari Anne Lien Mail: [email protected] Phone: +1 346-804-0143

Norwegian Energy Partners’ (NORWEP) objective is to support and assist in the internationalization of the Norwegian energy industry. NORWEP is acting as a cat- alyst for processes between Norwegian industry and international businesses and governments. The main purpose is to strengthen the position and competitive- ness of the energy industry internationally and secure increased wealth-creation through committed cooperation.

Contact: Jan R. Eckhoff Mail: [email protected] Phone: +1 832-620-5133

The Norwegian Energy Day 2020 5 Sponsors

Export Credit Norway helps Norwegian exporters to succeed abroad by off ering Norwegian and foreign companies competitive fi nancing when buying goods and services from Norwegian exporters. Their customers come from all over the world, and purchase everything from ships and subsea technology, to solar parks, hydropower turbines and design servic- es. They deal with the entire loan application process, including commitment, dis- bursement and monitoring of loans. Export Credit Norway is wholly owned by the Norwegian Government, and is administered by the Ministry of Trade, Industry and Fisheries.

The Norwegian Export Credit Guarantee Agency (GIEK) facilitates export fi nancing with guarantees that mitigate economic and political risks for exporters, buyers and banks. GIEK is a public enterprise that reports to the Norwegian Ministry of Trade, Industry and Fisheries. GIEK is a key partner for exporters and their customers as well as Norwegian and international commercial banks with expertise and robust networks in Norway and internationally.

DNB Bank is Norway’s leading investment bank. Around 700 employees off er a broad spectrum of products to all customer segments, from private investors to large corporate customers. Their main products are foreign exchange, interest rate and commodity products, securities and other investment products, debt and equity fi nancing in the Capital markets, research and advisory services, custodial and other securities services.

TGS is the world’s largest geoscience data company, known for its asset-light, mul- ti-client business model and global data library. The Company employs approxi- mately 800 employees around the globe in addition to contracted fi eldworkers at both onshore and off shore operations. The company’s stock is traded on the Oslo Stock Exchange as part of OBX Index with a market capitalization of approximately $3.5 billion (December 2019) which ranks TGS as the second largest oil service com- pany on the Norwegian Exchange. TGS’ primary business is to provide geoscience data to energy companies worldwide. TGS off ers extensive global libraries that in- clude seismic data, magnetic and gravity data, multibeam and coring data, digital well logs and production data. Additionally, the company off ers advanced process- ing and imaging services, interpretation products and data integration solutions.

6 The Norwegian Energy Day 2020 Speakers

Jon Marsh Duesund Partner and Head of Consulting, Americas - Rystad Energy

Mr. Duesund is a Partner and head of Rystad Energy’s Houston consulting practice. He is respon- sible for leading consulting projects out of Houston and has been with Rystad Energy for almost 10 years. His work has focused on a range of segments, including transaction due diligence, subsea markets, off shore drilling, well technology, Arctic E&P activity and North America uncon- ventionals. Mr. Duesund holds a Master’s of Science in Industrial Economics from the Norwegian University of Science and Technology, including a graduate exchange program at UC Berkeley.

Rystad Energy is an independent energy research and business intelligence com- pany providing data, tools, analytics and consultancy services to clients exposed to the energy industry across the globe. Our high-end products on energy fun- damentals, oil and gas markets, oilfi eld services and renewables strengthen the insight and expertise of our clients, thereby assuring quality decisions. Since 2004, we have developed confi dence and trust in our data, analytics and support. Our highly qualifi ed and experienced people help our clients in business development and portfolio strategy, market and trend analysis, benchmarking and competitor assessment. Known for our up-to-date, complete, consistent and comprehensive product and service delivery, we engage with energy owners and suppliers, fi nancial professionals, E&P and oilfi eld service companies, and governments, focusing on global and regional oil, gas, power and renewable energy markets.

Scott Joyce Head of Reserve Based Lending, North America - DNB

Mr. Joyce is the Head of Reserve Based Lending, North America for DNB Bank ASA. He is a longtime resident of the Greater Houston Area. He holds a B.S. in Mechanical Engineering from Texas A&M University in College Station, Texas and an M.B.A. from the Haas School of Business at the University of California in Berkeley, California. Mr. Joyce has been an energy banker in the Houston market for 20 years. He joined DNB in 2019.

DNB Bank is Norway’s leading investment bank. Around 700 employees off er a broad spectrum of products to all customer segments, from private investors to large corporate customers. Their main products are foreign exchange, interest rate and commodity products, securities and other investment products, debt and equity fi nancing in the Capital markets, research and advisory services, custodial and other securities services.

The Norwegian Energy Day 2020 7 Panel

James K. Wicklund - Moderator Managing Director – Stephens Inc.

Mr. Wicklund is a Managing Director and Senior Banker in the Energy Group at Stephens Inc. This follows a career in geophysics, engineering and operations in the global oil and gas industry, four years managing a broad energy investment portfolio and decades of following the industry as a senior research analyst. He spent 15 years in the oil and gas industry, working in geophysics and engineering, living in Australia, Sin- gapore, Milan, London several times as well as the US, with Western Geophysical, Sun Oil, and ECL before joining the fi nancial services industry as a research analyst covering the Oilfi eld Services sector. Mr. Wicklund has been head of the energy research group at Rauscher Pierce, now Royal Bank of Canada, managing director and head of energy research at Banc of America Securities Inc., a portfolio manager at Carlson Capital, an $8 billion hedge fund responsible for all of energy investments, and the senior Oilfi eld Services analyst at Credit Suisse and now a Senior Banker and Managing Director in Energy Investment Banking for Stephens Inc. He has been recognized by various awards and recognitions including #1 rank- ings in Institutional Investor, Greenwich Surveys and the Wall Street Journal’s “Best on the Street” and was a frequent contributor to CNBC, CNN and other media outlets. He is a member and past symposium chair of the Society of Petroleum Engineers (SPE), the Society of Exploration Geophysicists (SEG), on the boards of the National Off shore Industry Association (NOIA), the Petroleum Equipment Suppliers Association (PESA), and the Maguire Institute Advisory Board, at SMU his alma mater.

Stephens Inc. is one of the largest investment banking fi rms outside of New York City. Founded in 1933, the privately-held fi nancial fi rm from Arkansas provides investment banking research, wealth manage- ment, public fi nance, and insurance brokerage services through its 28 offi ces located mostly in Southern and Eastern US. It also has business lines related to institutional sales and trading, private wealth man- agement, and capital management. Beyond its service off erings, the fi rm’s private equity arm Stephens Capital Partners holds a portfolio with some 50 companies.

Erik Oswald Vice President, Americas - ExxonMobil Exploration Company

Born and raised in Seattle, Washington, Mr. Oswald holds a bachelor’s degree in Geoscience from the Uni- versity of Washington, and a Ph.D. in Earth Sciences from the State University of New York at Stony Brook. His graduate work looked at the stratigraphy, petrography and geochemistry of Miocene Carbonates ex- posed in southern Spain and the Balearic Islands. Mr. Oswald joined ExxonMobil in 1991, and has held a variety of technical and managerial positions in re- search, production and exploration. After his early years as a research scientist, he transferred the Middle East division of the Exploration Company, and then to West Africa. Later he held management positions in the Caspian region, Onshore US Production, and Strategic Planning before becoming a Division Research Manager at the Upstream Research Company. In 2008, Mr. Oswald became Middle East Area Manager, ExxonMobil Exploration Company, and in July of 2009, Mr. Oswald became Region Operations Manager for Exploration in Europe and Greenland, based in London. In 2011, Mr. Oswald was appointed Vice President of Business Development for ExxonMobil Exploration Company in Houston. In May of 2014 he was appointed to his current role as Vice President, Americas, ExxonMobil Exploration Company. Mr. Oswald is a member of the American Association of Petroleum Geologists, The Geological Society of London, the Society of Petroleum Engineers, and on the NOIA Board of Directors.

ExxonMobil is one of the world’s largest publicly traded energy providers and chemical manufacturers, developing and applying next-generation technologies to help safely and responsibly meet the world’s growing needs for energy and high-quality chemical products. We operate facilities or market products in most of the world’s countries, explore for oil and natural gas on six continents, and research and de- velop next-generation technologies to help meet the dual challenge of fueling global economies while addressing the risks of climate change.

8 The Norwegian Energy Day 2020 Panel

Martin Stäuble Vice President Exploration for North America and Brazil - Shell

Martin Stäuble graduated with a Master’s in Geology from the University of Zürich and subsequently went on to take a Ph.D. in Geology from the University of Bern in Switzerland. He joined Shell in 1991, starting in Shell’s E&P research lab in The Hague. This was followed by positions in Exploration in South America and Asia where he had various roles such as Regional Geologist for Shell Colombia, Deepwater Exploration Team Leader in Malaysia, Exploration manager Shell Malaysia and Explo- ration Manager South East Asia. In 2005 Martin moved to Oman as Exploration Director for PDO and in 2011 he was appointed as VP China, accountable for growing the China Upstream Business. Since April he is in Houston, appointed as Vice President Exploration for North America and Brazil. Martin is married to Barbara and has two children. In his spare time, he enjoys golf, scuba diving and trav- elling.

Shell explores for crude oil and natural gas around the world, both in conventional fi elds and from sources, such as tight rock, shale and coal formations. It operates through the following segments: Integrated Gas, Upstream, Downstream, and Corporate. The Integrated Gas segment manages liquefi ed natural gas activities and the con- version of natural gas into gas to liquids fuels and other products. The Upstream segment manages the explo- ration for and extraction of crude oil, natural gas, and natural gas liquids. The Downstream segment manages diff erent oil products and chemical activities as part of an integrated value chain, including trading activities, what turns crude oil and other feedstock into a range of products, which are moved and marketed around the world for domestic, industrial and transport use. The Corporate segment comprises holdings and treasury, self-insurance activities, and headquarters and central functions of the company. The company was founded in February 1907 and is headquartered in The Hague, Netherlands.

Kristian Johansen Chief Executive Offi cer - TGS

Kristian Johansen, Chief Executive Offi cer (CEO) of TGS has during his eight years with TGS seen the compa- ny grow to become the leading global geoscience data company and the world’s largest seismic company by market capitalization. Kristian joined TGS in 2010 as Chief Financial Offi cer and became Chief Operating Offi cer in early 2015 before being appointed Chief Executive Offi cer in March 2016. Kristian has almost 15 years of experience from C-level position from public companies and several board positions in the energy business. A native of Norway, based in Houston, Texas, Kristian heads up TGS’ Glob- al operations with 600 employees plus hundreds of contractors. During his tenure, TGS has continued its countercyclical off shore investments as well as established a strong position in the two main US onshore plays, Permian and SCOOP & Stack. Building on the asset light, multiclient business model, TGS continues to expand its data library using advanced acquisition technologies combined with innovating in-house processing technologies. Kristian earned his undergraduate and Master’s degrees in business administration from the University of New Mexico in 1998 and 1999.

TGS is the world’s largest geoscience data company, known for its asset-light, multi-client business model and global data library. The Company employs approximately 800 employees around the globe in addition to con- tracted fi eldworkers at both onshore and off shore operations. The company’s stock is traded on the Oslo Stock Exchange as part of OBX Index with a market capitalization of approximately $3.5 billion (December 2019) which ranks TGS as the second largest oil service company on the Norwegian Exchange. TGS’ primary business is to provide geoscience data to energy companies worldwide. TGS off ers extensive global libraries that include seismic data, magnetic and gravity data, multibeam and coring data, digital well logs and production data. Additionally, the company off ers advanced processing and imaging services, interpretation products and data integration solutions.

The Norwegian Energy Day 2020 9 Speakers

Skule Strand Associate Professor at the Department of Energy Resources - University of Stavanger

Associate Professor Strand researches a range of areas, including reservoir chemistry, surface chemistry related to enhanced oil recovery (EOR), water based EOR by wettability alteration in Carbonate and Sandstone reservoirs. The industry have a high focus on Improved Oil Recovery (IOR) to compensate for increasing fi eld development costs. A new emerging Enhanced Oil Re- covery (EOR) technology are now being developed. With “Smart Water” injection the amount of oil attached to the rock surface is reduced, mobilizing signifi cant amount of extra oil, verifi ed both in laboratory experiments and fi eld observations. Smart Water is a low cost, easily imple- mentable, and environmental friendly technology that could be implemented both in Carbonate and Sandstone reservoirs.

The National IOR Centre of Norway provides solutions for improved oil recovery on the Norwegian continental shelf through academic excel- lence and close cooperation with the industry. The Centre’s goal is to develop new knowledge and technology in order to increase recovery beyond projections under today’s fi eld operation plans. The Centre will contribute to the implementation of environmentally friendly technol- ogies for improving oil recovery on the Norwegian continental shelf. The Centre started up in 2013, and is led by University of Stavanger, with research institutes NORCE and IFE as core partners.

Elena S. Melchert Director, Upstream Research Division – US Department of Energy

Ms. Melchert has been the director for the Upstream Oil and Gas Research Division at the De- partment of Energy since 2013. She was a Program Manager at Department of Energy Head- quarters from 1990 – 2013, and led the development of several DOE technology research plans and research programs, including Advanced Drilling, Completion and Stimulation Research Program Plan, and the Off shore Technology Roadmap. Ms. Melchert received her B.S. in soil science at California Polytechnic State University, San Luis Obispo and her M.Sc in petroleum engineering from the University of Southern California in Los Angeles. She earned an Executive Certifi cate in international business at Georgetown University and is a graduate of the Federal Executive Institute.

The United States Department of Energy (DOE) is a cabinet-level department of the United States Government concerned with the United States’ policies regarding energy and safety in handling nuclear material. Its responsibilities include the nation’s nuclear weapons program, nuclear reactor production for the United States Navy, energy conservation, energy-related re- search, radioactive waste disposal, and domestic energy production. It also directs research in genomics; the Human Genome Project originated in a DOE initiative. DOE sponsors more research in the physical sciences than any other U.S. federal agency, the majority of which is conducted through its system of National Laboratories. The agency is administered by the United States Secretary of Energy, and its head- quarters are located in Southwest Washington, D.C., as well as in Germantown, Maryland. Dan Brouillette is the Secretary of Energy as of December 11, 2019.

10 The Norwegian Energy Day 2020 Speakers

Benjamin Lascaud Conventional Assets and EOR Manager - ConocoPhillips

Mr. Lascaud is currently managing the conventional assets and EOR team at ConocoPhillips, which does technical support in reservoir engineering for the company. He holds a Master’s in petroleum engineering from Heriot Watt University, is a reservoir engineer by background and has 21 years of industry experience, 15 of which is with ConocoPhillips. Prior to moving to the U.S. in 2012, Mr. Lascaud worked with several other international busi- ness units such as Norway, UK, Nigeria and Venezuela. His primary expertise is in reservoir sur- veillance, water fl ood management, base production optimization and unconventional reservoir development.

ConocoPhillips is the world’s largest independent exploration and produc- tion (E&P) company based on proved reserves and production of liquids and natural gas. We search for, produce, transport and market crude oil, bitumen, natural gas and liquefi ed natural gas worldwide. ConocoPhillips’ operating segments generally include a strong base of legacy production and an inventory of low cost of supply investment opportunities. The company also pursues focused conventional and unconven- tional exploration that over time can add to the company’s low cost of supply resource base. The company embraces its role in responsibly accessing, developing and producing oil and natural gas to help meet the world’s energy needs. ConocoPhillips has the technical capability to operate globally and maintains a relentless focus on safety and environmental stewardship.

Arne Graue Professor at the Department of Physics and Technology - University of Bergen

Professor Graue’s interests are physics of reservoirs, multiphase fl ow in porous media, in-si- tu fl uid saturation imaging, investigation of Integrated Enhanced Oil Recovery techniques, CO2 sequestration and gas hydrates. He is heading the NorTex Petroleum Cluster, which facilitates research cooperation and research exchanges between Norwegian universities and top univer- sities based in Texas. Professor Graue has for several years served on a volunteer basis as an energy technology advisor for the Royal Norwegian Consulate General in Houston.

The University of Bergen (UiB) is an internationally recognized research university, where high quality and academic diversity is fundamental. UiB is the most cited university in Norway. There are seven faculties at UiB and there are more than 18 000 students at the university. Around 2 000 of these are international students. They employ close to 4 000 faculty and staff . PhD candidates are paid employees, making the doctoral degree at UiB particularly attrac- tive for rising talent. About one in three graduating doctors are from outside Norway..

The Norwegian Energy Day 2020 11 Speakers

Girish C. Saigal Senior Advisor & Petec Manager - Equinor

Mr. Saigal is currently working as Sr. Advisor & Petec Manager in Equinor, DPI (Development Pro- duction International), GOM, Houston. After completing his Ph.D in Geology from St. Andrews University in Scotland, he moved to University of Oslo, Norway with a Post-doctoral grant from Royal Norwegian Research Council in 1985. Since then Mr. Saigal has been involved with Norwe- gian Oil and Gas industry and worked for Saga Petroleum, Norsk Hydro and Statoil. In 2002, he came to Houston with Norsk Hydro and has since been working in both Exploration and Field Development Departments to maximize the value of their asets in the Gulf of Mexico with focus on Safety and Zero harm to Environment and Society.

Equinor is an international energy company present in more than 30 coun- tries worldwide, including several of the world’s most important oil and gas provinces. Founded in 1972 under the name Den Norske Stats Oljeselskap AS - Statoil (the Norwegian State Oil company), we changed our name to Equinor in 2018. Our headquarters are in Stavanger, Norway, and we have over 20,000 employees. We are the leading operator on the Norwegian continental shelf and have substantial internation- al activities. We are engaged in exploration, development and production of oil and gas, as well as wind and solar power. We sell crude oil and are a major supplier of natural gas, with activities in processing, refi ning, and trading. Our activities are managed through eight business areas, staff s and support divisions, and we have operations in North and South America, Africa, Asia, Europe and Oceania, and Norway.

12 The Norwegian Energy Day 2020 Norwegian Technology Companies

For more than 10 years AGR Software has been delivering drilling and wells related software applications. Throughout this period our technology has received continuous feedback from, and been allowed tested on behalf of the industry. Our iQxTM software platform automates the End of Well delivery process. Pro- ducing standardized and more accurate EOW reports more effi ciently, in a format that hugely facilitates knowledge transfer for future operations, by enhancing collaboration and direct integrations with existing source-data generating systems. Our footprint is global and we currently help and support more than 10 major O&G companies in their well delivery process.

Archer is a global oil services company with a heritage that stretches back over 40 years, with a strong focus on safety and delivering the highest quality products and services. Archer operates in 40 locations providing drilling services, well integrity & intervention, plug & abandonment and decommissioning to its upstream oil and gas clients. Archer’s tailor-made and well proven solutions delivering cost and time saving during Slot Recovery and P&A operation through utilizing the Stronghold (Perforate, Wash & Cement) and Samurai Multi-Function Cutter to form the CCR System(Casing Cleaning Recovery). The unique combination of technologies and client specifi c planning creating environment where min- imizing tripping time and maximizing effi ciency is fundament for our successful operation in existing brown fi eld markets all over the globe including Deep Water operations.

Cybernetic Drilling Technologies delivers the DualDP sensor system, which is an autonomous sensor sys- tem for continuously monitoring the drilling fl uid properties, such as density and rheology, during drilling operations. The DualDP has few movable parts, giving low maintenance costs, and can operate autono- mously during the drilling operations. The system can easily be interfaced to existing mud logging system, as well as drilling control systems. The DualDP is developed in collaboration with Equinor in Norway since 2013, and has more than 15 units in operations onshore and off shore. The DualDP is supplied to major oil companies, major drilling equipment, and service companies.

Exebenus provides Exebenus Pulse, a software platform which digitalizes and automates drilling and well operations. The technology reduces invisible lost time and non-productive time, which is costing opera- tors billions of US dollars a year. Exebenus Pulse converges digitalized instructions with real-time data, allowing you to streamline and continuously improve the quality and safety of your operations. With the digital advantage from Exebenus, each well experience advances the next. Our software has been developed in conjunction with two major Norwegian E&P companies through two separate joint industry projects. Exebenus owns the IPR to the technology and has been granted patents in both Norway and the US.

Fishbones is a provider of unrivalled technology that has defi ned a new level of precision and effi ciency in reservoir stimulation. By means of a short pumping operation, numerous titanium tubes are extend- ed from the mother-bore to create long channels, delivering signifi cant improved reservoir productivity. Fishbones, like no other stimulations system available today, guarantees deep connectivity with your reservoir precisely where planned with the optimal use of valuable resources. The technology enables oil companies to further increase recovery by reducing stimulation time and cost, as well as enabling multi-lateral design.

Based in Bergen, Norway, Framo has been the recognized leader in pumping systems for the marine industry for more than half a century. Today, the company has 1300 employees and are present on three continents. Framo is a leading manufacturer of pumps, pipes and pumping systems used in the chemical tanker market, as well as the oil industry. The company has supplied cargo pumping systems to the major- ity of chemical and product tankers worldwide, and are recognized as a standard in the marine industry.

Hammertech is as a spin-off company from the University of Bergen based on extensive research carried out by Professor Erling Hammer and his team at the Institute of Physics and Technology. Our products help operating companies improve oil recovery and increase production plant output through a new, innovative and cost effi cient water fraction and conductivity detector (AquaField TM), which can be in- stalled on each well in order to trend both water fraction and conductivity. Additionally, Hammertech is working to develop a permanent downhole water fraction and conductivity meter (AquaWell), a wireline logging tool for production logging (AquaWire) and a meter for real time characterization of drilling fl uids (AquaMud).

The Norwegian Energy Day 2020 13 Norwegian Technology Companies

Interwell is the Leader of Downhole Plug and Abandonment technologies with over 25 years in the in- dustry. The Mexican Oilfi eld is abundant in challenges and technical demands due to complex logistics, safety requirements and dynamics of well operations. As the need to increase production rises in the Country, Intervention is one of the key activities where Interwell delivers value. With Technologies such as the Pyrotechnics -Free Plug and Packer Setting tool: the EST (Electronic Setting Tool), Widest Selection of Intervention of Plugs in the market, highest installation and success rate of the industry in its segment, only successfully fi eld tested Thermite Based P&A System in the world, and proven high reliability, Inter- well can provide cost eff ective solutions to clients in Mexico.

Kelda is a software company focused on making drilling safer and easier. We have in-depth knowledge of advanced drilling dynamics and process design, which is incorporated into Leidar, our monitoring and control software used in both MPD and conventional drilling. Our patented control solutions are devel- oped based on recent progress in advanced adaptive control theory and automation. By utilizing this technology in conjunction with advanced sensor and actuator design, our control system can robustly regulate the pressure in a well in seconds as well as monitor for kicks and losses, reducing non-productive time dramatically. Kelda solutions empower the driller to drill complex wells more safely and easily.

Metas is a manufacturer of complete subsea environmental monitoring systems. The system uses active SONAR with a range of 1000m radius, coupled with a machine learning based software to identify, quan- tify and report even minor leakage. This system also tracks and reports ROVs, AUVs, and other non-static targets (intervention equipment, fi sh, trawls, etc.) to provide situational awareness and risk management within the subsea fi eld. The systems include units that can be integrated into the subsea control system or stand-alone systems. The system has been developed and deployed in collaboration with Equinor on the Norwegian shelf. In addition to the oil and gas focused products, we also provide our X-Net oceanic observatories, Rossia seabed Crawlers and key subsea components (cables, connectors, battery systems, cameras, lights, etc).

Miros is a Norwegian technology company that specializes in measuring the ocean surface. The compa- ny’s portfolio of sensors provides accurate, real-time data for weather-sensitive operations off shore, as well as off ering input to asset integrity systems. The primary applications of Miros sensors include wave, current and weather monitoring. Miros has provided sensors and systems for environmental monitoring to the global off shore and maritime industry for 35 years. Key customers include Equinor, EoN, Fred Olsen Wind Carrier, Bibby, Fugro and many more.

Mnemonic is one of the leading cyber security companies in the EU, protecting your mission critical sys- tems against modern threats and ensuring safe and reliable operations. Attacks on industrial systems have the potential to stop production, cause physical damage and harm the environment. Argus for In- dustrial Control Systems is a complete and fully managed security solution to secure industrial environ- ments and specifi cally designed to address the unique security challenges in the oil and gas industry. At the heart of the solution is the Argus ICS Defender - purpose-built for protecting ICS and SCADA envi- ronments from modern threats. Combining advanced threat detection with in-depth knowledge about industrial environments, the Argus ICS Defender detects attacks against production systems, uncovers protocol anomalies, and discovers unexpected traffi c and misconfi gurations.

PetroMarker acquires vertical CSEM data that is used not only for frontier exploration but also near fi eld exploration and monitoring. The nature of the vertical CSEM data and acquisition method makes the solu- tion very robust & confi dent in areas with infrastructure such as pipelines. Recent results from the Nor- wegian North Sea in combination with high resolution seismic will be used to demonstrate how positive anomalies indicate presence of additional exploration possibilities close to existing production facilities. Within the data set is there three dry wells, which shows an absence of higher resistivity indicating lack of signifi cant hydrocarbon charge. The combined integration of high resolution seismic and the 3D resistivity cube from the vertical CSEM survey will improve the hit and recovery rate.

14 The Norwegian Energy Day 2020 Norwegian Technology Companies

Seabed Separation is a technology development company within the fi eld of oil and gas processing. The company has developed, and are in the processing of commercializing, a revolutionary technology solu- tion – the Dual Pipe Separator. The product removes and treats water locally, as well as reduces costs and increases revenue through increased oil recovery and accelerated production. Seabed Separation’s long- term ambition is to become an integral part of a larger oil services company with integration competence, facilitating the process of becoming the subsea processing partner for the operating companies.

TCO serves the upstream oil and gas industry throughout the reservoir life cycle and specializes in the design, manufacture and installation of completion barrier plugs (glass barrier plugs), chemical injection systems, multi-cycle valves and annulus pressure relief systems, as well as the provision of tubing-con- veyed perforating (TCP) equipment and services. A small company with great ambitions, TCO have gained a wealth of experience by working with a range of oil and gas companies to solve their challenges and meet their needs. Our objective is to improve customers’ performance, reduce operational risk, increase well productivity and maintain cost effi ciency by challenging existing well completion technologies.

Techni has developed PACT, a new and innovative all-electric wellhead actuator. PACT displaces current hydraulic systems with improved reliability, faster and more precise actuation, embedded position- and condition monitoring, smaller physical footprint and no risk of spills. The actuator has demonstrated worlds’ fastest closing time for ESD and critical situations. The actuator was developed as a drop-in replacement for existing hydraulic actuator systems with two sizes covering most typical trees designs, sizes, and pressure ratings. The modular design is also currently being adopted to subsea applications. PACT is a joint development program between Techni and industrial partners Equinor and Baker Hughes.

Well Conveyor develops and supplies unique downhole technology for conveyance and intervention in oil & gas wells, with a mission of simplifying access to challenging wells everywhere. Our fi rst product is the Slim Battery-powered Conveyor (SBC) which provides a solution for conveying logging tools, distributed sensing cables and light intervention tools in slim or restricted, highly deviated and horizontal wells. As the slimmest tractor on the market, it provides access to wells that so far have not been serviceable. Run- ning on batteries, and being operated by the regular wireline crews, the Slim Battery-powered Conveyor also off ers great fl exibility for cost-optimized conveyance solutions in slim or regular horizontal wells.

Whitson is a software and consultancy company that support energy companies, oil services companies, investors and government organizations with expertise and extensive analysis within PVT, gas conden- sate reservoirs and gas-based enhanced oil recovery (EOR). Our coverage ranges from R&D based in- dustry studies to detailed due diligence, transaction and litigation support. We help our clients fi nd best possible answers to complex questions and assist them in the successful decision-making on technical challenges. We do this through a continuous, transparent dialog with our clients – before, during and after our engagement.

XSENS Clamp-on Flow Meter accurately measures fl ow rate and fl uid fraction in a tomographic pattern from outside of the pipe. This game-changing technology provides fl ow rate and fraction measurement at accuracies that were until now only obtainable by in-line technologies. Xsens aims to replace existing fl ow meters, characterized by high product / installation cost and potential leakage points. The Meters can measure liquid fl ow, water cut and gas fl ow with or without small amounts of liquid present.

The Norwegian Energy Day 2020 15 Follow the organizers on social media for updates and information about upcoming events:

Royal Norwegian Consulate General in Houston

Royal Norwegian Consulate General in Houston w www.norway.no/usa @HildeSkorpen

Innovation Norway

w www.innovasjonnorge.no / www.theexplorer.no @InnovasjonNorge

Norwegian Energy Partners

Norwegian Energy Partners w www.norwep.no @NORWEP ©Design and layout: Royal Norwegian Consulate General in Houston