Maersk Oil’s TriGen Technology Unlocking CO2 contaminated gas fields and Enabling CO2 EOR

Maersk Oil Global E&P Activity

2

Brazil

Exploration, Development and Business Development

Maersk Oil operates around 625,000 barrels of oil equivalent / day

Maersk Oil’s EOR Activities

Developing the North Sea’s 1st offshore CO2 EOR Flood

Developing the World’s 3rd Subsea HC WAG

Development (Deepwater)

LPG Injection with option to move to

WAG

Piloting TriGen Oxyfuel

Technology

Operating HC WAG Offshore CO2 EOR Studies

LoSal & Chemical EOR Studies

Partner in onshore HC WAG

Development

3

Brazil

Exploration, Development and Business Development

…deploying EOR across our portfolio

TriGen is a ‘Polygeneration’ Process…

Pure Water

4

Clean Power

‘Reservoir Ready’ CO2

All of the TriGen outputs are valuable products

Enables zero emission energy from Fossil fuels

Low cost CO2 to make an EOR project viable

Accepts raw high CO2 gas enabling ‘full life cycle’ CO2 EOR

5

Gas Source

TriGen technology is the Integrator

CO2 EOR

Clean Power

Pure Water

Remote Gas ->LNG LNG tanker Regasification Marketing

Integration across the oil & gas value chain…

…makes the most of global resources

N2 EGR

6

From the Space Industry to the Oil & Gas Industry…

7

…innovation drives a sustainable future

TriGen’s Oxycombustion Process

(80 bar, 75 deg C)

Oxygen (O2)

Gas (+ CO 2 )

235 MWe

Gross 160

CO CO 2 2

Power

Nitrogen (N2 )

2

Separation 2000 m3/d

Pure Water

MWe

generator

2

Net Electric

OxyFuel

Converting dirty gas into clean electricity, ‘reservoir ready’ CO2 and pure water

300 mmcf/d

OxyFuel Gas Combustor

Gas/Steam

Turbine

85

mm

cf/d

Technology Partners

Air Separation Unit (ASU)

75 MWe used by: • Air Separation Unit • Gas, O2, CO2 compression

50 mmcf/d

Gas (+ CO )

45

mm

cf/d

CO 2

Oil or Gas Reservoir

7

8

~ 7000 bpd EOR

Maersk Oil’s track record in maximizing (carbonate) recovery

9

Placing maximum contact wells Zonal Completion and

stimulation technology

Skjold

Halfdan

Dan

Skjold

Halfdan

DanOil Water

Oil-production

Water-injection

FAST – Fracture aligned sweep technology (North Sea) IOR / Maximum Pressure

Gradient technolgy Fracture aligned linedrive

development

Reservoir Characterisation

12” Gas Generator

Oxyfuel Power Generation

DDemonstration plant operating in California since 2005

Clean Energy Systems

10

TriGen Integrated Field Development Concept

Air Separation Unit

O2

N2

Natural Gas with

CO2

Power Export

TriGen Plant

CO2

H2O

Oil

Gas Source

Oil Reservoir CO2

WAG

Miscible injection for

Enhanced Gas

Recovery

May be free or

associated gas / high or

low BTU gas

TriGen Value Summary Dirty Gas to Clean Power with Enhanced Oil Production

• Unlocks CO2 contaminated gas fields

• Low cost CO2 and N2 enables EOR

• Zero emission power

• Pure water for (CO2) WAG

• Full life cycle CO2 EOR field development solution

12