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BP — 2nd Annual Energy Industry Director Conference 2008
12 slides from BP's conference presentation, Oct 14, 2008
Slide 1: Andy Inglis, Chief Executive of Exploration and Production
Andy Inglis Chief Executive of Exploration and Production 2nd Annual Energy Industry Director Conference Rice University 14th October 2008 © BP 2006
Slide 2: Historic oil price and long-run GDP growth
Historic oil price and long-run GDP growth GDP growth 100 90 Forecasts $ Money of the day Non-OECD 80 8% 70 6% 60 50 4% 40 2% 30 OECD 20 0% $ 2007 10 -2% 0 1992 1995 1999 2002 2005 2008 2011 2014 2017 2020 1967 1972 1977 1982 1987 1992 1997 2002 2007 SOURCE: BP 2007 Statistical Review of World Energ
Slide 3: Global energy demand
Global energy demand Mtoes OECD/ Non OECD Energy Type 20000 Other Renewables Non OECD 18000 Hydro OECD Biomass & Waste 16000 Nuclear 14000 Gas Oil 12000 Coal 10000 8000 6000 4000 2000 0 1990 2005 2015 2030 1990 2005 2015 2030 Source: IEA WEO 2007
Slide 4: Total proved reserves
Total proved reserves Total Proved Reserves (billion barrels equivalent) 1400 Gas 1200 Oil 1000 800 600 400 200 0 North Asia Pacific S. & Cent. Africa Europe & Middle East America America Eurasia SOURCE: BP 2007 Statistical Review of World Energy
Slide 5: Demographics
Demographics Total SPE: Demographics Age Percentage of 100% Range Total Members 1997 2007 90% 80% 50+ 30% 39% 70% 60% 50% 40% 35-49 55% 37% 30% 20% 10% 20-34 15% 21% 0% 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 SOURCE: Society of Petroleum Engineers – 1997 to 2007 Membership (Excl. Stud
Slide 6: Growth constrained by capability, not capital
Growth constrained by capability, not capital US petroleum engineering (PE) workforce 10 PE Workforce in place as at 2000 8 1,000 employees Cumulative new PE graduates 6 Projected PE workforce 4 2 0 00 02 04 06 08 10 12 14 16 18 20 Source: PetroStrategies Inc.
Slide 7: Challenge Programme
Challenge Programme PROGRAMME HIGHLIGHTS 1600 • Started in 1993 Challenge intake 1400 • Duration of 3 yrs foundation for discipline professional Total Challenge Population • Competency acquisition, incl. field and ops experience 1200 • 3,200 graduated programme since ‘93 1000 • Building to steady st
Slide 8: BP in Azerbaijan
mboed BP in Azerbaijan 1800 1600 Future Developments 1400 1200 Current Developments 1000 800 600 400 200 Novorossiysk Russia 0 2000 2005 2010 2015 2020 2025 2030 Black Sea NREP Pipeline WREP Kazakhstan Pipeline Georgia Tbilisi Caspian Sea Supsa South ACG Oil BTC Caucasus Baku Production & Pipeline O
Slide 9: Remote Monitoring – Working Smarter
Remote Monitoring – Working Smarter Rotating Equipment Real Time Drilling Drilling Visualization Portal Topsides Monitoring ISIS Integrated Marine Monitoring rk etwo Process Net tic N AWS (Subsea) Riser/Mooring Data Subsea/Well Surveillance r Op Fibe
Slide 10: ACE: Collaboration in the GoM
ACE: Collaboration in the GoM Ops Mgr Fac Eng Subsea Eng The Right People Vendor Drill Eng Subject in the Right Place Experts New Asset Culture: working on Right One Virtual Asset Team Across the Miles the Things Two -way The ACE enables efficiency and improved decision making and execution through:
Slide 11: Key Strategic Relationships
Key Strategic Relationships BP has established key strategic relationships with over 30 educational institutions Learning and Development Consortium Operating and Project Academies Rice University consortium of 5 global Residential courses creating a consistent universities focusing on advanced tech
Slide 12: Andy Inglis, Chief Executive of Exploration and Production
Andy Inglis Chief Executive of Exploration and Production 2nd Annual Energy Industry Director Conference Rice University 14th October 2008 © BP 2006
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