Digitalization in Aker BP

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Digitalization in Aker BP Subsea Operations Conference 09.08.2018 Camilla Leon, Aker BP

DIGITALIZATION IN AKER BP Solid footprint covering entire NCS Skarv (operator) Solid base performance and upside potential Alvheim (operator) High production efficiency and low operating cost Harstad Ivar Aasen (operator) First oil December 2016 ramping up production Skarv Sandnessjøen Johan Sverdrup (partner) World class development with break even price below 25 USD/bbl* Trondheim Ula/Tambar (operator) Late life production with significant upside potential Valhall/Hod (operator) 1 billion barrels produced, ambition to produce additional 500 mmbbls Stavanger Alvheim Ivar Aasen Oslo / Fornebu Johan Sverdrup Ula/Tambar Valhall/Hod 2

Safety DIGITALIZATION IN AKER BP Aker BP s ambition is to build the leading independent E&P company Strategic focus areas enabling field of the future Execute Reorganising the value chain with strategic partnerships and alliances Digitize the E&P value chain Improve by... Value chain based on a shared LEAN understanding, toolbox and culture Flexible business model ready for growth and volatility Grow 3

DIGITALIZATION IN AKER BP What does success look like? Autonomous drilling and highly automated well planning Expert systems for automated engineering & design, manufacturing and fabrication Unmanned installations with highly automated onshore control and autonomous production optimization Highly automated subsurface modelling and insight Campaign based maintenance and inspection supported by robotics, predictive algorithms and twin-reality Simulation of first oil before investment decision Self orchestrating supply and logistics chain DATA LIBERATION 4

DIGITALIZATION IN AKER BP Partners with access to data through the platform 5

Digital Roadmap towards Field of the Future Field of the Future Digital Journey How to get there 6

DIGITALIZATION TOWARDS FIELD OF THE FUTURE What is Field of the Future to Aker BP Vision Field of the Future Vision Remote Operations Autonomous operation Robotics for inspection Predictive analytics, digital processes and workflows Unmanned Installation Simpler, cost effective and inherently reliable designs No maintenance requirements Modular design Plug&Play Competitive material selection Remote Operated, Unmanned, Zero Discharge Expanded Subsea Facilities Boosting and processing. Subsea power Long distance tie-backs Zero Discharge/Emission All electric Alternative energy sources No discharge to sea or air Energy management 7

Digital Roadmap towards Field of the Future Field of the Future Digital Journey How to get there 8

DIGITALIZATION TOWARDS FIELD OF THE FUTURE Digital roadmap with focus areas Vision Field of the Future Intelligent & advanced analytics Integrated data platform and digital twins. Using advanced analytics and visualizations for development, operations and maintenance. Robotic & automation technologies Unmanned installations. Autonomous or remote operated. Collaborative robots and IoT, collecting data for analytics and further optimization. Vision Unmanned, Remote operations, Zero discharge Digital mindset and competence Building digital competence. Enabling data driven culture, curiosity, human-machine interfaces and embracing disruption. Future collaborations Partnerships for innovations and creative solutions. Laws and regulations allowing for new digital operations. Smart contracts. 9

DIGITALIZATION TOWARDS FIELD OF THE FUTURE Digital Roadmap (example) 2018 Timeline 2022 Digital competency & Mindset Tablets Digital mindset & competence Continued Improvement - Lean & Digital workflows Data Quality & Common Semantic AR/VR/MR Digital risk & cyber security impact AI Librabry Innovative, embrace disruption Augmented Assistant Data driven culture Innovative design & solutions. Digital workflows enabling field of the future Vision Elements & End State Intelligent automation, Advanced analytics Remote monitoring CDP on Ivar Aasen Communicative analytics and visualizations Digital Twin (data architecture / user expectations) PUSH Wave 1 Walk2work Gap analysis, requirements Remote operations CDP wave 2 CDP wave 3 Digital project planning & execution tools Digital Twin (descriptive) Walk2work Phase 2 Digital Twin (predictive) Predictive maintenance Strategic analytics simulation Digital Twin (prescriptive) Push 2.0 Push 3.0 Prescriptive maintenance Automated analytics Generative machines, intuitive AI for plan, design, develop Efficient, Optimized engineering and design Efficient, Optimized inspection & maintenance execution Field of the Future Unmanned, Remotely Operated and Zero Discharge Robotic & Automation technologies Robotics Gap analysis, requirements Sensor data & big data collection Subsea automated inspection (ex. drones) Robotic Process Automation Subsea automated maintenance Connected systems Collaborative robots and IoT Future collaborations and Platform ecosystem DigiForum & Alliances Contracts towards service providers Laws and regulations Block chain R&D collaborations, consortium Platform environments (service, data) Partnerships, innovations Smart contracts, performance based Ivar Aasen PUSH

DIGITALIZATION IN SUBSEA Example I: Learnings from topside to subsea - Analytics and Visualization Ivar Aasen - Aker BP s laboratory for developing the digital oil field Digital twin based on live data from the Cognite platform Digital tools, e.g. Cognite Operations Intelligence Integrate OEMs in operations, e.g. Framo Predictive maintenance based on machine learning Automation of repetitive tasks Remote operations to reduce waste and increase quality 11

DIGITALIZATION IN SUBSEA Example II: Digitalization in Subsea Digital Twin Definition of a Digital Twin: A digital replica of physical assets, processes and systems that can be used for various purposes. The digital representation provides both the elements and the dynamics of how an IoT device operates and lives throughout its life cycle. The Digital Twin is a geometric (3D) representation of an asset which is enriched with data relevant to end users. 12

DIGITALIZATION IN SUBSEA Example III: Digitalization in Subsea Inspection 3D Model of a Subsea Structure 3D GIS model of Aker BP subsea assets Automatic Classification and Eventing 3D view for ROV Pilots Onshore Operation of ROV Onshoring of 3rd party Operations 13

Digital Roadmap towards Field of the Future Field of the Future Digital Journey How to get there 14

Digital Roadmap towards Field of the Future Field of the Future Enabling factors How to get there Strategic focus areas Advancements both in technology and digital solutions It is all about data, data liberation Mindset, competence & processes 15

Digital Roadmap towards Field of the Future Field of the Future Unmanned Remote operated Expanded subsea Zero discharge How to get there Digital Journey Strategic alliances, partnerships and collaborations. Sharing data, #data liberation Digital roadmap embracing radical improvements. Develop through step-by-step and specific use cases 16

Thank you! Questions? 17