Oil & Finance 2017
Oil & Finance 2017: Consolidation and New Opportunities
Consolidation in a cash strapped industry, and exodus of the Majors from the NCS are some questions facing the Norwegian petroleum industry. Cost levels are continuing adapting to lower oil prices, with capex cuts and project deferral being on the agenda in the oil industry. Out of this situation new opportunities will emerge. Cost levels are coming down, with the probable effect of making new projects profitable in a lower oil price environment. Industry consolidation and Majors retreating from non-core areas will create new opportunities for other players.
The 2017 Oil & Finance Conference will help you identify the main issues facing our industry hampered by a foggy outlook.
Welcome!
On behalf of the program committee
Morten E. Lindbæck (chair)
Program
Tuesday 21. March
Registration
Lunch
Markets and Macro Issues
Chair Day 1
Opening remarks
What has happened since the last O&F?
Global oil markets outlook
Is there a brigh future for gas in Europe?
Geo)politics and risk management in the oil & gas industry – a Statoil perspective
Coffee
Norwegian Continental Shelf and M&A
The Norwegian Continental Shelf
Global and European M&A in the context of oil industry outlook
NCS M&A - NCS company landscape changes
Coffee
Creating the leading independent offshore E&P company
Summary of the day
Wine tasting
Conference dinner
Wednesday 22. March
Coffee/Networking
Chair Day 2
Bond & Bank market
What is bond investors’ current appetite for E&P and oil service?
Sustainable Capital Structure: A company perspective
Upstream Bank Financing – Status of Market
Coffee break
Tullow Oil Norway Management Buyout
Legal issues - Selected M&A Issues in Assets Transactions
Petroleum Tax Act Section 10
Decommissioning security arrangements– without using the NOROG DSA
Conference summary
Lunch
Practical information
Conference fee:
NPF personal members NOK 9.900,- plus 25% vat
Non-npf-members NOK 11.400,- plus 25% vat
Payment:
Payment can be done upon registration by credit card (Master Card and Visa)
If not paid by creditcard you will receive an invoice from Norwegian Petroleum Society (NPF).Please note that by choosing invoice you will be submitted to a fee of NOK100,-
The fee includes:
– Conference papers
– Coffee/tea
– Lunches
– Conference Dinner
Cancellations:
Cancellations must be received in writing by 07th March 2016 and will be subject to a cancellation fee NOK 2000,- 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.
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 of the programme. The conference organizer will not be liable for any such unavoidable changes.
Accommodation: **Lysebu Hotel is now fully booked 21-22 March**
As Lysebu Hotel is now fully booked we recommend Hotel Soria Moria and Scandic Holmenkollen.
To book a room please contact the hotels directly:
Soria Moria Hotel Tel: +47 23 22 24 00 (approx. 15 minutes walking distance from Lysebu)
Scandic Holmenkollen Tel: +47 22 92 20 00
For more information please contact:
Project Manager: Kristin Øinæs