Created with Sketch. Add to Calendar 2018-09-25 09:00:00 2018-09-26 16:00:00 Europe/Oslo Annual Petroleum Economic Conference Clarion Hotel Air, Utsolaarmen 16, 4055 SOLA Norsk Petroleumsforening Annual Petroleum Economic Conference_2018-09-25 09:00:00
25. to 26. Sep 2018

Annual Petroleum Economic Conference

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Welcome to the Annual Petroleum Economics Conference 2018

Dear friends and colleagues.

It is a great pleasure and honor to welcome you to the Annual Petroleum Economics Conference 2018 – to be held at Clarion Hotel Air-Sola on 25 and 26th of September. This traditional economics conference is your opportunity to get the latest and greatest update from the industry and a unique opportunity to network and meet new colleagues.


Times are certainly exciting. The oil price has recovered maybe earlier than expected – but we are still phasing high uncertainty and high volatility going forward. As a response to the oil price crash the industry is demanding higher returns and higher robustness when making capital investments, meaning the role of the economist is more important than ever. This year’s conference includes a mix of finance and economics topics which aims to strengthen your competence as an E&P professional.


The market on the NCS remains liquid and the latest transactions continues the trend of “Big Oil” being replaced by smaller private equity companies. We will give you an overview of the latest transactions and the outlook going forward. Last but not least digitalization is the word everyone is talking about. How will this impact the future of E&P? How will digitalization impact the role of the economist? These are some of the topics you will learn about on this year’s conference.


We hope you will join us for two interesting days in September and our sincere wish is that this will be a memorable event. Welcome!


Reidar Haver, OMV Norge

Chair of the Conference Committee


Tuesday 25. September




Macroeconomic Update

Harald Magnus Andreassen, Chief Economist, Sparebank 1 Markets

Ingen grunn til bekymring

Torbjørn Kjus, Oil Analyst, DNB Markets

Global spending trends and player landscape on the NCS

Tore Guldbrandsøy, Senior Vice President, Rystad Energy



Real Option Valuation in E&P

Ada Christiane Rieker, Partner, Decision Nodes

3rd party tiebacks

Per Valvatne, Senior Advisor, Ministry of Petroleum and Energy

Decommissioning Liabilities and Tax Refund

Peter Hiorth, Partner, Schjødt



Financing of E&P Companies

Espen Kvilekval, Global Head of Oil & Gas, DNB ASA

New Business Models

Thor Magnus Rovik, Managing Partner, Rovik Energy Partner

Midstream Infrastructure Investments

Thor Otto Lohne, Chair of Board of Directors, North Sea Infrastructure


Wednesday 26. September



Daniel Rennemo, Partner, PWC Deals

The value of being in a tax paying position – case study of the Marathon Oil Norge acquisition

Jonas Gamre, Vice President Business Development, AkerBP





Dividend payments in E&P

Teodor Sveen Nilsen, Equity Research Analyst, Sparebank 1 Markets

Competitiveness of NCS

Lars Erik Aamodt, Director General, Ministry of Petroleum and Energy



Digital Trends-Technology Vision 2018

Jyoti Sharma, Manager Technology Strategy Norway, Accenture

How data liberation will create and shape NCS winners

Dr. John Markus Lervik, Chief Executive Officer, Cognite

Equinor -Industrial positions in New Energy and solar

Richard Erskine, Head of Solar, Equinor


Practical information


Clarion Hotel Air,
Utsolaarmen 16, 4055 NO-Sola, Norway

Conference fee:

NPF personal members NOK 6,400 plus 25% VAT
Non-NPF-members NOK 7,900 plus 25 % VAT

Payment can be done upon registration by credit card (Master Card/Visa). If you do not want to pay with credit card, you can ask the project manager to send you an invoice from Norwegian Petroleum Society (NPF). Please note that by choosing invoice you will be submitted to a fee of NOK 100. All international payments must be approved before the conference starts.

The conference fee includes:

  • Conference papers
  • Coffee/tea
  • Lunches

Conference Dinner:

Dinner is not included in the conference fee and must be chosen separately at the bottom of the registration form.  Fee is NOK 990,- plus 25% vat.


Clarion Hotel Air, Utsolaarmen 16, 4055 NO-Sola, Norway
Price per night (incl. breakfast): NOK 1,190 for single room.  Hotel is not included in the conference fee and must be paid upon check-out.


Cancellations must be received in writing by 18th September 2018, and will be subject to a cancellation fee NOK 2.000 unless a substitute delegate is offered. After this date, the full registration fee will apply, however, substitutions will still be accepted. Substitutions for registered delegates may be made at any time, but we would appreciate prior notification.

In case of cancellation of the conference by the Norwegian Petroleum Society, (NPF), the participant will be refunded the conference fee and/or the exhibition fee. Other expenses the participants may have are not refunded, and is not the responsibility of NPF.

Programme changes:

It is sometimes necessary to change timing of the programme. The conference organiser will not be liable for any such unavoidable changes.


For further information please contact:
Norwegian Petroleum Society
Kristin Øinæs
Project Manager
tel. +47 455 07 475