bg tunisia
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BG Group in Tunisia
October 2009
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Disclaimer
The following presentation contains forward-looking statements concerning BG Group plc’sstrategy, operations, financial performance or condition, outlook, growth opportunities orcircumstances in the countries, sectors or markets in which BG Group plc operates. By their
nature, forward-looking statements involve uncertainty because they depend on futurecircumstances, and relate to events, not all of which can be controlled or predicted. Althoughthe Company believes that the expectations reflected in such forward-looking statements arereasonable, no assurance can be given that such expectations will prove to have been correct.Actual results could differ materially from the guidance given in this presentation for a numberof reasons. For a detailed analysis of the factors that may affect our business, financial
performance or results of operations, we urge you to look at the “Risk Factors” included in theBG Group plc Annual Report & Accounts 2008. Nothing in this presentation should beconstrued as a profit forecast and no part of this presentation constitutes, or shall be taken toconstitute, an invitation or inducement to invest in BG Group plc or any other entity, and mustnot be relied upon in any way in connection with any investment decision. BG Group plcundertakes no obligation to update any forward-looking statements.
No representation or warranty, express or implied, is or will be made in relation to the accuracyor completeness of the information in this presentation and no responsibility or liability is or willbe accepted by BG Group plc or any of its respective subsidiaries, affiliates and associatedcompanies (or by any of their respective officers, employees or agents) in relation to it.
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BG Group - Integrated Gas Major
Securecompetitively priced
resources
Connect gas tohigh value markets
Skills to succeed across the gas chain
• Equity reserves
• Contracted resources
• Build & access markets
• Serve customers
Integrated Gas Major
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Countries of current operation
Active in 27 countries
Core countries
Trinidad &Tobago
Egypt
Kazakhstan
UK
Argentina
India
Uruguay
Bolivia Brazil
USA
Italy
Tunisia Thailand
Malaysia
Philippines
Singapore
Areas of PA
Canada
Norway
Libya
Nigeria
Oman China
Madagascar
Algeria
Chile
Australia
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Long term partnership with Tunisia
First gas
production
from Miskar
Official inauguration
of Hannibal Plant
by HE President Ben Ali
British Gas buy
Tenneco assets
(Amilcar Permit)
8 8 8 9
9 0 9 1 9 2
9 3 9 4
9 5 9 6
9 7 9 8
9 9 0 0
0 1 0
2 0 3 0 4
0 5 0 6
0 7 0 8
0 9
Miskar compression
commissioned
First gas fromHasdrubal
Commence
Hasdrubal
project
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• Amilcar explorationpermit
– Miskar & Hasdrubalconcessions
• Largest producer of
gas in Tunisia – Approximately 40%
of domestic gasdemand
• BG Tunisia totalinvestment by mid2009 >$ 3 billion
BG Tunisia
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BG Tunisia production locations / infrastructure
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Miskar overview
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Miskar field - further development potential
A17
A16CA15
TerraceTerrace
Sub-sea Drill CentreSub-sea Drill Centre
Miskar CoreMiskar Core
Miskar TerraceMiskar Terrace
Miskar PlatformMiskar Platform
Phase 3 WellsPhase 3 Wells
Phase 4 WellsPhase 4 Wells
New Infill wells
CoreCore
R1D
R1A
R1R1S Terrace Area
GIP 1135 bcf
R1R1S Core Area
GIP 1011 bcf
Abiod Core Area
GIP 411 bcf
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MiskarComplex
Flowlines
(2 no.10”)
Umbilical
Miskar Platform
Flowlines
Umbilical
R1A Well
UTDA
R1A Well
R1D Well
UTDA
Miskar sub sea well development
Subsea wells broughtonstream in 2008
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Miskar / Hannibal ongoing investment
New reboiler installed
Bridge – linked accommodation vessel Flowline Installation
Replacement Amine stripper installation
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Sulphuric acid – an environmental solution
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• 50/50 partnership with ETAP, the Tunisian state oil and gascompany
• BG Group is operator during development phase
• Total investment is $1.6 billion
• Will contribute around 20% of Tunisian gas demand
• On-stream in 2009
Hasdrubal project overview
New offshore field development providing a supply of gas,oil/condensate, and LPG
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Hasdrubal product routes
GAS
OIL/CONDENSATE
PROPANEBUTANE
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Project breakdown and major contractors
Petrofac (UK)
Pireco (Tunisia)
Heerema (Netherlands)
Saipem (Italy)
Bouchamoui (Tunisia)
J P Kenny (UK)
ODE (UK)
Ensco (USA)
0
50
100150
200
250
300
350
Drilling Onshore
terminal
Offshore
pipleline
LPG
pipeline /
terminal
Owner
costs
Offshore
platform
£ million
Source: BGT data
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Hasdrubal onshore terminal construction
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Hasdrubal onshore terminal construction
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Offshore platform – installed & drilling
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Hasdrubal development drilling challenges
• Long horizontal sections : 1000m +
• Drilling loss pressure close to reservoir pressure
• Major impact from fracture system
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2010/29/2009 Slide 20
Managed Pressure Drilling (MPD)
• Technique used to drill with fullcirculation
• By varying back pressure attempt
made to stop losses occurring
Specialist drilling techniques required
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2110/29/2009 Slide 21
Mudcap drilling
• Technique used to drill with totalloss of circulation
• Does not prevent lost circulation
• Does not cure lost circulation
Specialised drilling
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MPD system schematic
1 – Rotating Control Device2 – Compact Drilling Choke Manifold
3 – Remote Control and Display
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Gabes LPG reception terminal construction
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Commitment to HSSE best practice
• HSSE / Asset integrity areBG Tunisia priorities
• Extensive employee training
• Highly skilled workforce
• HSSE contractor meetings
• ISO 14001: Environmentaccreditation
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International / Tunisia private sector involvement
International
PetrofacODE
Genesis
Fircroft
Worley Parsons
J.P Kenny Ltd
Vetco Gray
Tidewater marine
Orion
Moody International
Marint (Offshore UK)
Consafe
Trans global Projects Ltd
Tunisia
PirecoSomacer S.N.C
Sarost
Shell De Tunisie
Tunisavia
Bouchamaoui Industries
Abdel & CO oilfield service
Newrest Catering Tunisie
Sotrim
Atlantis Voyage
TIC
Ste Tun. Multi-Services
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• Stable political system
• Stable business environment
• Growing economy
• Transparent processes
• Sanctity of contracts
• Good relations with our stakeholders / accessibility
• Dedicated, experienced, loyal workforce
Why Tunisia?