Shell PLC · LSE:SHEL
Shell — Corporate Update (March 2006)
8 slides from Shell's corporate update, March 2006
Slide 1: An all-out effort for industry and the environment
1 An all-out effort for industry and the environment A joint industrial model for a CO2 value chain in mid-Norway
Slide 2: A future-oriented industrial model
2 A future-oriented industrial model
Slide 3: An integrated value chain for electricity and CO2
3 An integrated value chain for electricity and CO2 Gas-fired power CO2 capture and CO2 for enhanced oil station at transport recovery/storage Tjeldbergodden 860 MW gas-fired • CO2 capture for • Enhanced oil power station: offshore injection recovery from: Meet the electricity Draugen Annual volum
Slide 4: The value chain requires the gas-fired power station
4 The value chain requires the gas-fired power station Methanol plant Gas-fired power station CO2 plant
Slide 5: One powerful effort – several players
5 One powerful effort – several players • Shell and Statoil will: – Cooperate on looking into commercial and technological aspects of the value chain – Invest in all parts of the chain • A realisation of the industrial model requires: – Considerable financial contributions from the authorities – Par
Slide 6: Gains along several axes
6 Gains along several axes • Industry – Extensive use of CO2 for enhanced oil recovery – Reliable energy supply in a region with energy shortage Industry • Environment – Real reductions in the emissions of CO2 and NOx through electrification of fields Society – Industrial application of pure technol
Slide 7: Schedule
7 Schedule • Establishing a joint Shell-Statoil project team with the following milestones: – Feasibility study End of 2006 – Choice of concept End of 2007 – Investment decision, value chain End of 2008 • Given a satisfactory commercial basis, the goal is: – Start-up power station/electrification of
Slide 8: __-. Naturgass
Ss a __-. Naturgass “< deck te * CO, rerledning —> e \ = “ Elektrisitetskabel > CO, Injeksjon = @kt oljeutvinning “