Energi, olje & gass og teknologi - utvikling og muligheter i vår region Energi, olje og gass og teknologi, utvikling og muligheter i vår region, v/ Subsea Valley - NCE Energy Technology - Preben Strøm 24 oktober 2018 Preben Strøm Subsea Valley - NCE Energy Technology
- A snapshot
- A snapshot Cluster organisation and NCE in Energy Technology with center of gravity in Oslo and Akershus Hub for world leading subsea engineering and strong force in the energy transition and digitalisation of the energy industry Offering infrastructure and initiatives for collaboration, innovation, knowledge transfer and new insight Helping members adapt to, benefit from, and contribute to an energy industry in transition
Subsea Valley - A snapshot shot 200 Member companies/institutions, primarely related to O&G and energy 31 400 Professionals, primarely highly skilled 50.3bn Annual value added *Source: Menon Economics Report 2018: Economic Value created in the Subsea Valley
- Our focus areas Focus Areas Sustainable energy SSV companies renewable share at 5 percent (2016), but expected to grow Equinor to invest 100 bn NOK in renewables by 2030 CCS Cross industry/sector collaboration UiO and USN working with industry to develop education for the future Cognite and Aker BP cooperation SSV EU Project on cross industry synergies Innovation Techstars Energy: start-up accelerator with Equinor/KONGSBERG/McKinsey SSV NCE flagship project: Energy Tech Accelerator Cluster as innovation platform Tech. Transfer/New markets From subsea to food industry From offshore O&G to offshore wind From O&G to health From O&G to aerospace
- Representing the entire value chain SME supplier base 150+ companies in the SME segment, incl. Service providers System integrators Operators + others Equipment suppliers + others + others
About Subsea Valley - Development 2010: SSV formally supplier network 2016: Completion of SSV Strategy 2025 2023: SSV as energy tech. eco-system 1980s: «Engineering Valley» introduced 2013: ARENA award, SSV recognised as «cluster» 2017: NCE award, SSV formally energy cluster Development of Norwegian oil industry Subsea production emerges Digitalisation Falling oil prices Cost cuts and improved effeciency Paris Agreement Need for more diversified economy General Subsea/O&G focus Energy focus + tech transfer and crossover
- From informal network to eco-system Academia Authorities Industry Start-ups Investors
- Our ambition a global energy and technology hub
- Value Creation
Value creation in Subsea Valley - Contribution to society
Value creation in Subsea Valley - Markets O&G dominating, but renewable market, currently at 5 per cent, is growing MARKETS Non-energy revenue at 26 per cent most companies cater to a diverse market Export accounts for over 50 per cent of revenue, with Europe as the largest export market *Source: Menon Economics Report 2018: Economic Value created in the Subsea Valley
Value creation in Subsea Valley - Business types By county: Number of company HQs and employment -SME share of approx. 75% -Majority of bigger companies are in Oslo/ Akershus, Buskerud hosts a large share of SMEs
Value creation in Subsea Valley - Positive outlook Percentage change in turnover Turnover is expected to rise in 2018, due to higher oil prices and transitioning into new markets *Source: Menon Economics Report 2018: Economic Value created in the Subsea Valley
Value creation in Subsea Valley - Positive outlook Expected change in profits 8 out of 10 companies across business segments expect profits to increase in 2018. *Source: Menon Economics Report 2018: Economic Value created in the Subsea Valley
Energy and technology in our region
100 years ago
50 years ago
25 years ago Illustration: FMC
Today - and going forward Illustration: Kongsberg
Energy and technology in our region - A Opportunities snap shot A highly skilled workforce
Energy and technology in our region - A Opportunities snap shot A highly skilled workforce Emerging cooperation structures and collaborative thinking Faksimile DT og EnerWe
Energy and technology in our region - A Opportunities snap shot A highly skilled workforce Emerging cooperation structures and collaborative thinking Succesfully attracting the brightest minds
Energy and technology in our region - A Opportunities snap shot A highly skilled workforce Emerging cooperation structures and collaborative thinking Sucessfully attracting the brightest minds Broad spectre of relevant players and initiatives already present
Energy and technology in our region - A Challenges snap shot Downsizing and relocation of players need for political guard dogs Faksimiler Budstikka
Energy and technology in our region - A Challenges snap shot Downsizing and relocation of players need for political guard dogs Political red tape and slow decision making Faksimile Aftenposten
Energy and technology in our region - A Challenges snap shot Downsizing and relocation of players need for political guard dogs Political red tape and slow decision making Fear of bold moves Faksimile DN.no
Energy and technology in our region - A Challenges snap shot Downsizing and relocation of players need for political guard dogs Political red tape and slow decision making Fear of bold moves Duplication and lack of coordinated efforts
Energy and technology in our region - A Challenges snap shot Downsizing and relocation of players need for political guard dogs Political red tape and slow decision making Fear of bold moves Duplication and lack of coordinated efforts Startup challenges capital, test- and demo facilities, overview and coordination of support system Imagecredit: PCMag
Energy and technology in our region - A Challenges snap shot Downsizing and relocation of players need for political guard dogs Political red tape and slow decision making Fear of bold moves Duplication and lack of coordinated efforts Startup challenges capital, test- and demo facilities, overview and coordination of support system Lack of clear strategy on positioning and how to attract businesses
Energy and technology in our region - A How snap to shot be become a global hub for energy and technology Join forces and think regionally with ambitions of (inter)national impact Dare think bigger and claim a bigger role Act informed - based on hard numbers and real dialogue and coordination