Slash decommissioning costs Efficient offshore operations Slash decommissioning costs Efficient offshore operations Focus Area FOCUS AREA Technology Leadership Board Challenge Technology Leadership Board Challenge Short-term SHORT-TERM Medium-term MEDIUM-TERM Long-term LONG-TERM Slash decommissioning costs Clean offshore energy Slash decommissioning costs Clean offshore energy Slash decommissioning costs Slash decommissioning costs Slash decommissioning costs Slash decommissioning costs Automated operations Automated operations Digitalisation and Simulation Digitalisation and Simulation Remote Monitoring Residual Liability Remote Monitoring Residual Liability De-energising De-energising Power and Utilities Power and Utilities Make Safe Make Safe Topsides Topsides Jackets and Conductors Jackets and Conductors Subsea Subsea Rigless P&A Rigless P&A LATE LIFE MANAGEMENT LATE LIFE MANAGEMENT This is about changing the way we manage infrastructure that ... This is about changing the way we manage infrastructure that is beyond its design life to maximise economic recovery and optimise decommissioning enabling a circular economy 10% 10% OF OVERALL COST REDUCTION OF OVERALL COST REDUCTION POST CoP OPEX REDUCTION POST COP OPEX REDUCTION This is about efficient execution pre cessation of production... This is about efficient execution pre cessation of production (CoP) to minimise or eliminating post CoP OPEX 20% 20% OF OVERALL COST REDUCTION OF OVERALL COST REDUCTION Innovative Removal INNOVATIVE REMOVAL This is about industrialising the process of decommissioning ... This is about industrialising the process of decommissioning and transportation of offshore infrastructure 20% 20% OF OVERALL COST REDUCTION OF OVERALL COST REDUCTION OPTIMISE ABANDONMENT OPTIMISE ABANDONMENT This is about decommissioning our wells as safely, simply and... This is about decommissioning our wells as safely, simply and cheaply as possible 35% 35% REDUCTION IN P&A COSTS REDUCTION IN P&A COSTS Decision Making Decision Making Digital platform development and data gathering Extend life Decommissioning simulation Optimise and standardise late life maintenance of critical items for decommissioning Artificial intelligence assisted late life management Automate monitoring and maintenance of critical itemsto decommissioning Fully automate late life and decommissioning management Digital platform development and data gathering Artificial intelligence enabled seabed survey, monitoring and reporting Autonomous remote surveying of marine environment Pre-CoP decommissioning activities using augmented reality Automate handover management Standardised modular utilities Clean energy during late life and decommissioning Automated mothballing period Robotise make safe Alternative removal techniques Alternative removal techniques Surgical piece small Transform decommissioning methods Standardise decommissioning methods for oil and gas subsea removal and transportation Other industries alternatives Innovative transportation Transform removal methods Innovative transportation Decouple topsides and jacket removal Create and maintain the best decommissioning practices in the oil and gas industry Optimise cut / lift / transport Residual liability Automation of subsea removal technologies Identify alternative barrier materials Existing barrier remediation Alternative barrier verification Eliminate tubular removal Deliver triggerable solutions Remotely activated downhole barriers Improve flow path modelling Enable multi-string logging Optimise schedule and sequencing Current best techniques identification Pre-CoP decommissioning activities using digital transformation Alternatives to diesel power Identify preservation technologies Decommissioning Roadmap Decommissioning Roadmap Overall Goal: 35% decom cost reduction Overall Goal: 35% decom cost reduction 2019-2028 2019-2028 Artificial intelligence assisted decommissioning management