Revitalise exploration Efficient offshore operations Producti... Revitalise explorationEfficient offshore operationsProductive onshore operationsUnlock New Developments Slash decommissioning costs Asset integrity and inspection riskMaximise Subsurface RecoveryDeploying at Scale Focus Area FOCUS AREA Technology Leadership Board Challenge Technology Leadership Board Challenge Short-term SHORT-TERM Medium-term MEDIUM-TERM Long-term LONG-TERM Asset Integrity Asset Integrity Wells Wells Subsurface Subsurface Digital Transformation Digital Transformation Marginal Developments Marginal Developments Decommissioning Decommissioning Pioneers Pioneers Ventures Ventures National Decommissioning Centre National Decommissioning Centre Solution centre delivery SOLUTION CENTRE DELIVERY Unlock the Potential of the North Sea and Anchor the Supply C... Unlock the Potential of the North Sea and Anchor the Supply Chain in the NE Scotland £8BN £8BN Added Value to UK through added volume, cost avoidance, and e... ADDED VALUE TO UK THROUGH ADDED VOLUME, COST AVOIDANCE, AND EXPORT GROWTH TECHX TECHX Accelerate 100 new startups Accelerate 100 new startups £2BN £2BN ADD IN GVA TO UK ADD IN GVA TO UK Enhancing local capability ENHANCING LOCALCAPABILITY Create at least 2 National Centres in Partnership with RGU & ... Create at least 2 National Centres in Partnership with RGU & UoA Increase R&D capability of UniVERSITIEs INCREASE R&D CAPABILITY OF UNIVERSITIES National Subsea Centre National SubseaCentre Sensors/artificial intelligence and automated inspection Fully autonomous inspection and repair Risk based inspection and data analytics/risk based inspection techniques/visualise data Deliver a world class accelerator with >60% commercialisation success Create new oil and gas focused venture programme with one new spin out Establish an independently funded TechX accelerator company to support pioneers and ventures Next generation well design and delivery Well planning, execution and abandonment automated Optimise current well delivery from design to abandonment Artificial intelligence assisted operations National shared data and basin wide management Workflow processes reduced by 50% Create connected North Sea Fully digitised North Sea Develop digital framework for North Sea and transferabletechnologies 50% of stranded developments unlocked No stranded assets Rapid tie back solutions in place Transform abandonment options for the North Sea Automated late life management and decommissioning planning Optimised late life management and decommissioning while producing proven Market Entry Market Entry Ensure >50% survival rate of accelerator cohort Expand venture programme – build local capability Establish an effective evaluation and signposting process for non oil and gas companies National Centre reputation established Global recognition as the National Decommissioning Centre Launch NDC with supporting programme National Centre reputation established Global recognition as the National Subsea Centre Launch NSC with supporting programme Engagement Engagement A Culture of Innovation A CULTURE OF INNOVATION Create an Active STEM and Industry Engagement Programme, Tech... Create an Active STEM and Industry Engagement Programme, Technology for the Industrial Transition READY FOR THE FUTURE READY FOR THE FUTURE Low Carbon Industrial Transition Low Carbon Industrial Transition Opportunity creation and expanding footprint UK recognised for STEM and knowledge sharing activities the go to Technology Centre Continuous reporting and engagement Drive electrification, remote operation, carbon capture usage and storage and full cycle CO2 footprint Global net zero industry Proving alternative power and hydrogen options for oil and gas, full cycle CO2 impact Our Roadmap Our Roadmap Overall Goal: Add more than £10BN in GVA to UK Overall Goal: Add more than £10BN in GVA to UK 2019-2028 2019-2028 Projects that move the dial on key challenges and opportuniti... Projects that move the dial on key challenges and opportunities across the North Sea Delivering Delivering Industry, governments, regulators and academia to drive techn... Industry, governments, regulators and academia to drive technology investment and deployment Connecting Connecting Action through technology roadmaps to achieve MER UK and grow... Action through technology roadmaps to achieve MER UK and grow the supply chain Driving Driving