Oil Guru Training

OIL GURU TRAINING ACADEMY

OIL, GAS & WINDOVERVIEW WORKSHOPHISTORYRIG TYPESEQUIPMENTPERSONNELSYSTEMSDESIGNPRESENTED BY:

LEE WOODROW

OPERATIONS MANAGEROIL GURU

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WORKSHOP OVERVIEW*OIL GURU INTRODUCTIONOIL, GAS PRICESNEED FOR ENERGYINVESTMENTS IN THE EASTENERGY POLICY, TARGETS & SRATEGYFUTURE WIND PROJECTS

OIL GURU INTRODUCTION*SYSTEMSOIL GURU WAS FOUNDED IN 2010 BY LEE WOODROW

LEE WOODROWOPERATIONS MANAGER

Served 8 years in the Military as an Instructor including two tours of duty, coupled with 13 years of hands on Oil & Gas Engineering experience in both upstream and downstream projects.

In 2010, designed and built the online News, Training and Recruitment Portal: www.oilguru.org

Currently runs Oil Guru fulltime and instructs Oil, Gas & Energy training courses at Lowestoft College and Beacon Innovation Centre.

OIL GURU TIME LINE*SYSTEMS2011 - PRIMARY BUSINESS - WRITING CVS FOR OIL & GAS PERSONNEL2012 - DEVELOPED A JOB BOARD AND CV DATABASE 2013 - DEVELOPED OIL & GAS INDUSTRY NEWS DISTRIBUTION 2014 - DEVELOPED SOCIAL MEDIA FOLLOWINGLinkedInFacebookTwitterGoogle Plus2015 - DEVELOPED ONLINE LEARNING MANAGEMENT SYSTEM2016 - MOVED INTO NEW OFFICE AT BEACON INNOVATION CENTREOVER 4500 ONLINE MEMBERS11,000 UNIQUE VISITORS200,000 + PAGE VIEWS PER MONTH2017 IN THE NEAR FURTURE WE WILL BE PROVIDING TRAINING FOR BOTH THE OIL, GAS, SERVICES AND WIND SECTORS

FUEL SUMMARY*SYSTEMSIn the UK we use OIL, primarily, to keep our transport system goingWe use GAS to generate nearly 1/3 of all the electricity generated, to heat our homes and for cooking Oil and Gas are of fundamental importance to UK plc.

CRUDE OIL PRICE FORCASTSource: Cornwall Energy, data from the World Bank, IMF and Economisthttp://www.worldbank.org/content/dam/Worldbank/GEP/GEPcommodities/PriceForecast_20150422.pdfhttp://www.imf.org/external/np/res/commod/index.aspxhttp://gfs.eiu.com/Article.aspx?articleType=cf&articleId=663259050&secId=0

GAS PRICE FORECASTSource: Cornwall Energy, data from the World Bank and IMF http://www.worldbank.org/content/dam/Worldbank/GEP/GEPcommodities/PriceForecast_20150422.pdfhttp://www.imf.org/external/np/res/commod/index.aspx

GAS FIRED POWER STATION

Input: Natural GasOutput: 400MW Electricity

GAS FIRED POWER STATION

Rotational energyHeat energyElectrical energyCombined Cycle, Gas-Fired Power Station

Energy Policy on a slide

Source: DECCELECTRICITY SOURCES BY FUEL

Chart1

0.29

0.22

0.08

0.31

0.09

0.01

2020

2020

Sheet1

2020

Gas29%

Coal22%

Nuclear8%

Renewables31%

Other sources9%

Oil1%

Chart1

0.268

0.363

0.198

0.148

0.02

0.007

Today

Today

Sheet1

Today

Gas27%

Coal36%

Nuclear20%

Renewables15%

Other sources2%

Oil1%

(Super Maturity Phase) Maturing basin with further opportunitiesDevelopment of the oil and gas technology Centre in Aberdeen30 years ago the North Sea was producing double the amount of oil and gas it does today from around the 1/4 of of the amount of fields.Discoveries were roughly 5 times the size of what we are discovering today.Because of the age of the North Sea Oil and Gas Fields, the UK does have some of the best expertise in the world.20 billion bbl of oil equivalent left70% collapse of oil price has summer 2014, 20% reduction of gas price has depressed revenues.

OIL & GAS SUMMARY

Notes from Oil and Gas UK Breakfast Briefing Activity Survey March 2016 *

Exploration is at an all time lowNew discoveries that were on Operators plan to develop are no longer commercially viable.If we stay lower for longer nearly 1/2 our oil fields will not cover their operating costs.The rate that fields are being shut down is now increasingSeptember 2015 survey: 65,000 jobs lost since the crash. 15% contraction in the industry.We are driving efficiency and decreasing costs.Focusing efforts towards operating at $50/bbl.

OIL AND GAS SUMMARY

Notes from Oil and Gas UK Breakfast Briefing Activity Survey March 2016 *

Want to transform the the UK Oil and Gas basin into a low tax, high activity province and sustains and supports the supply chain.Asking for a significant permanent reduction in headline tax rates from the government. Unlock the late life asset market and encourage exploration by permanently removing the special taxes from all discoveries for the next five years.The industry is looking to attract fresh investment.

OIL AND GAS SUMMARY

Notes from Oil and Gas UK Breakfast Briefing Activity Survey March 2016 *

Source: Nautilus Associates / 4C OffshoreEast of England 18.5bnUnited Kingdom159bn789 ProjectsNorth West Europe191bnCAPITAL INVESTMENT FORECASTS

East of EnglandSource: Nautilus Associates / 4C Offshore 20153.7bn5bn3.3bn2.2bn1.9bnSIZE OF THE OPPORTUNITY TOWARDS 2020

Welland Platform being decommissioned in 2011 Decommissioning2016 2023 14.6bn expenditureUK NORTH SEANORTH SEA DECOMMISIONING

63%of UKs installed capacity is
off the East Anglian Coast!The UK has more operational wind farms than the Rest of the World combined!OFFSHORE RENEWABLES

SIZE OF THE MARKET

SECTOR CHALLENGESMarket uncertaintyChanging political landscapeInvestment and financial issuesCost reduction Retaining and developing talentManufacturing & Fabrication capacitySupply chain capabilitySupplier Pre-Qualification standardsStandards; lack of commonality, transferability

European 2020 energy & climate change targets20% energy from renewablesReduction in carbon emissions of more than 20% 2030 decarbonisation targets? EU Energy Union?Post-Paris Global Climate Change Agreement next steps?UK energy policy delivering secure, affordable, low carbon energy15% primary energy from renewables by 2020Increasing UK content in energy projects, whilst reducing costsRegional StrategyEnergy recognised as a major strategic growth sectorNew Anglia LEP Green Economy Pathfinder Leading the Way

ENERGY TARGETS, POLICY & STATEGY

Innovation & incubation centre for offshore renewable energyTechnology transfer / acceleration Business and sector developmentLinks to higher education researchAccess to funding and grantsConference and exhibition centreHub for Offshore RenewablesOrbisEnergy Who are we?HUB FOR OFFSHORE RENEWABLES

TENANCYORBIS ENERGY

INDUSTRY NETWORKINGORBIS ENERGY

CONFERENCING ORBIS ENERGY

The Wind is in the East!A huge, and growing, part UKs energy mixA major part of the UKs industrial landscapeWe have created 10,000s of new jobsWe are creating 10,000s more with new projectsInvesting billions in developing new infrastructureAverage UK content is 43% and rising!One of the largest economic opportunities for the East!

Proximity to MarketPROXIMITY TO THE MARKET

Scroby Sands30 x 2 MW turbines60 MW CapacityEast Anglias 1st Offshore Wind FarmSCROBY SANDS

Greater Gabbard140 x 3.6 MW turbines504 MW CapacityWorlds 3rd largest windfarm!GREATER GABBARD

Worlds largest operating windfarm!London Array175 x 3.6 MW turbines630 MW CapacityLONDON ARRAY

63%of UKs installed capacity is
off the East Anglian Coast!The UK has more operational wind farms than the Rest of the World combined!EAST ANGLIAN WIND INDUSTRY

East Anglia ONE102 x 7 MW turbines714 MW Capacity

East Anglia ONE NORTH800 MW Capacity

East Anglia TWO800 MW Capacity

East Anglia THREE
172 x 7 MW turbines1,200 MW Capacity

Picture: Ormonde Offshore Wind FarmEAST ANGLIA ONE, TWO & THREE

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Galloper56 x 6 MW turbines336 MW Capacity

GALLOPER WIND FARM

Dudgeon67 x 6 MW turbines402 MW Capacity

THE DUDGEON WIN FARM

Proximity to MarketPROXIMITY TO THE MARKET

OIL GURU TRAINING ACADEMY

OIL, GAS & WIND OVERVIEW WORKSHOPHISTORYRIG TYPESEQUIPMENTPERSONNELSYSTEMSDESIGNTHANKS FOR LISTENINGQUESTIONS ?

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*Notes from Oil and Gas UK Breakfast Briefing Activity Survey March 2016 *Notes from Oil and Gas UK Breakfast Briefing Activity Survey March 2016 *Notes from Oil and Gas UK Breakfast Briefing Activity Survey March 2016 *

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