between Norway and Japan toward Global Offshore Market

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1 Norway-Japan Business and Technology Forum November 2, 2012 Cooperatio Cooperation between Norway and Japan toward Global Offshore Market Masato Mori Director General Maritime Bureau MLIT Ministry of Land, Infrastructure, Transport and Tourism

2 Japan s Target for the Offshore Market Japanese maritime industry aims to be a major player in the global offshore market. We have embarked for Ocean Frontier Innovation. 1

3 Actions for Ocean Frontier Innovation FLNG Major player country in the global offshore market Contribution C t ib ti to the global offshore development FPSO Offshore facilities (shuttle tanker tanker, OSV, OSV FPSO etc etc.)) in the world Drill ship 10,800 bn, [ 2020 ] 3,800 bn [ 2010 ] OSV 2

4 Merits in Cooperation between Japan & Norway NEEDS Dissemination and application of Norwegian offshore technology Norwegian industries engagement in the global offshore oil & gas business STRENGTH Rich human resources & technology for the oil & gas development Proven performance and experience in the global offshore market WIN- WIN STRENGTH A variety of leading industrial companies which have reliable manufacturing technology and skills NEEDS Catch up with the major players in the area of offshore development

5 Japan s Potential for Offshore sector Marine equipment Marine research vessels and AUVs High Speed Vessel Green ship (energy-saving ( technologies)) FPSO, FLNG, Offshore support vessel, Tank for LNG Large Float Offshore Structure (Mega Float)

6 Government cooperation between Norway and Japan May 24, 2011 (Oslo) Memorandum on cooperation in the field of Maritime Technology and Industry was signed between Ms. Rikke Lind (State Secretary for MTI) and Mr. Seiichi OHKUCHI (Vice-Minister for International Affairs, MLIT). <Scope of Cooperation> Offshore wind power The Arctic LNG fuel ship Ship recycling etc. Based on the Memorandum, we held the meetings and seminars as follows; Roundtable conference Norway-Japan cooperation on Maritime Technology and Industry (May 25, 2011) Nordic Green Japan (November 7-8, 2012) Japan-Norway Workshop on Cooperation in the Field of Maritime Technology and Industry (May 10, 2012)

7 Cooperation between Japan and Norway on Private sector D geophysical exploration vessel SIGEN Japan purchased Ramform Victory from PGS(Norway) and converted it Mitsubishi Heavy Industries (MHI) contracted the construction agreement of two 3D geophysical exploration vessels with PGS. PGS Titans AS, wholly owned by Petroleum Geo-Services ASA, co-financed by JBIC, and Sumitomo Mitsui Banking Corporation covered by Buyer s Credit Insurance from NEXI.

8 Cooperation between Japan and Norway on Private sector ¾LNG fueled ships Kawasaki Kisen (K-Line) and DNV have developed the PCC. PCC Kawasaki Heavy Industries (KHI) developed the container and DNV approved pp AiP ((Approval pp in Principle). p ) Spec of 9,000 TEU container (LNG fueled ships) ¾Length: about 308 m ¾Width: 48.4 m ¾Draft: 14.5 m ¾LNG fuel tank capacity: about 7, m3 Oshima Shipbuilding Co., Ltd. and DNV completed the first milestone of a joint programme p g to develop p the ECO-Ship p of the future. Oshima ECO-Ship 2020

9 Cooperation between Japan and Norway on Private sector Pioneers of Floating Offshore Wind Turbine (FOWT) Hywind project Japan and Norway share the following views: -Global market has big potential; and -Both countries have similar coastal geography suited of FOWT. Nagasaki project Advice -Collaboration of the technical report (Standards, operation, and Sway project maintenance) (Mar. 2012) -Study tour in Norway(Sep. 2012) -Fishery issues Fukushima project

10 Conclusion Further strengthening g the partnership between Norway and Japan in the maritime sector, especially targeting the global offshore market ex.) Approval of DNV for survey operation as a registered Classification Society (1st Nov., 2012)

11 Thank You!

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