Oil & Finance 2010
Oil & Finance: A new dawn after the crisis
The E&P industry is recovering from the financial turmoil and sharp drop in oil price that significantly impacted performance and activity level last year. Industry leaders are still facing severe challenges as access to capital remains limited, but with increasing commodity prices and less pressure in the service sector the short term perspectives for the upstream industry finally appear to be picking up.
The program for the second Oil & Finance Conference will explore many of these topics in detail.
Day 1 of the conference will focus on the Global Macro perspective with presentations covering both the general macro outlook and energy perspectives.
The second session will be opened by the Norwegian Ministry of Petroleum and Energy, presenting their view on challenges on the Norwegian Continental Shelf (NCS) , followed by Wood Mackenzie’s view on the competitiveness of the NCS relative to other petroleum provinces. Sanford C. Bernstein will give insight into Global E&P trends and Scotia Waterhouse will give an update on the M&A and the asset market in the North Sea.
Day 2 of the conference will focus on Financing of E&P companies. Leading investors and banks will among others present their view on what characterises an interesting investment opportunity and structural changes on financing as a consequence of the financial turmoil the world has gone through. The conference will finish with a review opportunities and recent examples from the bond market, which re-opened in 2009, and legal considerations for the E&P industry after the financial crisis.
The Oil & Finance Conference is a unique opportunity to learn from acknowledged experts in the oil and finance field on current industry trends and challenges. It is also a great networking opportunity, which gathered over 100 professionals last year. In the evening there will be ample opportunity to talk with colleagues from the oil and finance industry during a wine tour at Lysebu and subsequent dinner.
Welcome!
Program
Wednesday 14. April
Registration
Lunch
Global Macro Perspective
Chair
Opening remarks
Global Macro Perspective
Global Energy Perspective
Coffee break
Challenges for the Norwegian Petroleum Sector – The Ministry’s view
Gaute Erichsen, deputy director general, Norwegian Ministry of Petroleum and Energy
Premier’s Acquisition of Oilexco
Coffee break
Global E&P trends
Company Presentation: Faroe Petroleum
North Sea M&A market
Wine Tour
Dinner
Thursday 15. April
Coffee and morning meeting place
Financing
Chair
Building an E&P business in a major power and gas company
What E&P characteristics is ODIN looking for
Structural Changes on Financing of Oil & Gas Companies and Assets
Coffee break
Opportunities in the bond market
Legal considerations after the financial crisis
Lunch
Practical information
Venue:
Lysebu
Lysebuveien 12, Oslo.
Telephone: 0047-21 51 10 00
Telefax: 0047-22 51 10 01
www.lysebu.no
Organiser:
Norwegian Petroleum Society (NPF)
Conference fee:
NPF personal members: NOK 7.000,- plus 25% vat
Non-npf-members: NOK 7.500,- plus 25% vat
The fee includes conference dinner, lunches and coffea/tea/refreshments.
Payment:
Payment can be done upon registration by credit card (American Express, Master Card, Visa) If not paid by creditcard you will receive an invoice from Norwegian Petroleum Society (NPF).
Cancellations:
Cancellations must be received in writing by 6th April 2010 and will be subject to a
NOK 900,- (plus 25% vat) cancellation fee 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.
Conference paper:
Presentations from the conference will be available on Internet after end of conference. Delegates will be informed when available by e-mail.
Programme changes:
It is sometimes necessary to change timing and content of the programme. The conference organiser will not be liable for any such unavoidable changes.
Accommodation:
Lysebu
Lysebuveien 12, Oslo.
Booking: 0047-21 51 10 20
Telefax: 0047-22 51 10 01
booking@lysebu
www.lysebu.no
Price: NOK 1395,- per night (incl. vat) including breakfast, to be paid direct to the hotel.
Please make reservations directly with the hotel, refering to NPF/Oil&Finance conference.
Registration:
“Sign up” link above.
For more information please contact:
Project manager Eimund Kibsgaard Nordberg
Tel:.: 0047-40 21 02 42