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Åsgard in the vanguard Norway’s Statoil reckons its data warehouse-based,
e-enabled plant information management environment could save some 30-40%
of new project development costs. |
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Through its development of North Sea reserves, Norway has become the world’s third largest oil exporting nation. Statoil, its state-owned oil company, produces 700,000 barrels of oil a day; when a recent deal to buy 15% of the state’s financial interests in offshore oil and gas exploration licences comes to fruition, this total could reach 1 million barrels. That purchase is expected to increase Statoil’s interest in some of the most productive fields in the Norwegian sector of the North Sea, including the Åsgard field. Åsgard is thought to be already the largest subsea development in the world, and Statoil has developed a new offshore e-engineering environment specifically for it. The project is technically very innovative. But what has it achieved for the business? Information priority The organisation has invested $4.4 billion in plant and facilities for the Åsgard Offshore Project. Åsgard A is an oil production ship, while Åsgard B ranks as the world’s largest floating gas platform. Anchored in deep water 200km off Norway’s Atlantic coast, this huge facility will pipe 12 billion cubic metres of gas a year direct to continental Europe. Åsgard C is a storage vessel, and in addition there are 16 subsea templates. |
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International Consultants' Guide May 2001
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Data
Warehousing & Business Intelligence