Created with Sketch. Add to Calendar 2021-06-02 12:15:00 2021-06-02 16:00:00 Europe/Oslo NEW FORMAT!
Oil & Finance 2021- “Back in Black or Highway to Hell?”
ONLINE Norsk Petroleumsforening NEW FORMAT!
Oil & Finance 2021- “Back in Black or Highway to Hell?”_2021-06-02 12:15:00
02. Jun 2021

Oil & Finance 2021- “Back in Black or Highway to Hell?”

Created with Sketch.

The Norwegian Petroleum Society (NPF) has great pleasure in inviting you to the Oil & Finance Conference 2021

“Back in Black or Highway to Hell?"

Conference language: English

The conference has been adapted to a webinar due to restrictions on physical meetings in accordance with governmental advice and guidelines. NPF takes its precautions seriously where health and safety will always be of the highest priority.

Dear colleagues,


We would have preferred to meet in person for both professional and social networking, but health and safety must come first this year.

Due to Covid-19, the Norwegian Petroleum Society (NPF) has decided to arrange this year’s Oil & Finance Conference as a webinar. We hope you want to join us and take advantage of the opportunity to get the same professional content, but now at heavily discounted prices.

Benefits of participating at a webinar:

  • Easy access to updated industry news, and professional input
  • Flexible! Follow the webinar from a screen of your choice
  • Save time! You do not have to travel and be away from family or work for days
  • Save money! No travel expenses or hotel accommodation
  • Watch the webinar at you own pace in a safe environment.


We hope you would like to join us 2nd June, and look forward to welcoming you back to Oslo and Lysebu Hotel, March 2022!




*Please note that small changes to the program may still occur*



Wednesday 02. June


Welcome and conference opening

Chair: Tore Sitje, Partner Corporate Finance, Arctic Securities

What has happened?

Teodor Sveen-Nilsen, Analyst, Sparebank1 Markets

NCS today - Ministry perspective

Gaute Erichsen, Deputy Director General, Ministry of Petroleum and Energy

Energy addition, not energy transition

Torbjørn Kjus, Chief Economist, Aker ASA

Coffee break


M&A trends in the North Sea

Paul Wheeler, Head of International Energy Banking, Jefferies International and Christopher Scott, SVP, Jefferies International

Heading for shortage?

Phillip Lambert, CEO, Lambert Energy Advisory

Perspectives on financing

Chair: Jarand Lønne, Head of Natural Resources Investment Banking, SpareBank 1 Markets

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

Aleksander Helgø, ECM, Arctic Securities

Ananya Modi, Assistant Director, Rothschild & Co




Coffee break


M&A and industry trends on the NCS

Anders Wittemann, Owner, Wittemann E&P Consulting

The future of Private Equity in NCS M&A

Panel discussion

Thomas Bjørgo, CFO, Sval Energi

Helge Nordtorp, Deputy CEO & VP Business Development, Pandion Energy

Chris Elliott, CEO/ Exploration Director, Wellesley Petroleum



Norwegian parliamentary elections 2021- what to expect for the oil industry?

Sigbjørn Aanes, Partner and Senior Adviser, First House

End of conference

Torbjørn Kjus

Chief Economist, Aker ASA

Torbjørn Kjus has 20 years of experience in analysing the global crude and refined products markets. He worked 6 years as an oil analyst and trader in Norsk Hydro in Oslo and BP trading in London before he took up his role as Chief Oil Analyst in DNB Markets in Oslo in 2007. He held this position for 11 years but currently works as Chief Economist in Aker ASA, the Industrial Investment company. Torbjørn was by Norwegian institutional investors ranked as the number one financial analyst independent of sector when he resigned from DNB in 2018. For the Oil & Gas sector Torbjørn was ranked as the number one financial analyst during his last four years in DNB. Torbjørn annually executed 250 presentations on the global oil & gas markets to investors and oil industry worldwide and was frequently quoted in media such as Bloomberg, Reuters, Platts, Wall Street Journal, Houston Chronicle, etc. He regularly briefed the US Treasury in Washington D.C. on the global oil market and provided consultations about the market to the Norwegian Ministry of Petroleum, to the Norwegian Pension Fund (NBIM) and to the Norwegian Central Bank. Oil “legends” like Ray Hunt, Olav Refvik and numerous hedge funds in London and New York have leaned on Torbjorn to interpret the global energy space, in addition to oil producers and oil consumers worldwide. Torbjørn is particularly known for having predicted the 2014-2016 oil price crash as a consequanse of the US shale oil revolution.

Practical information

Norwegian Petroleum Society (NPF)

Webinar details: 

All participants will receive an e-mail with an invitation link the day prior the webinar. The link is personal, and you will be asked to enter name and company.

As a participant you will follow the webinar via a PC, Mac or smartphone/tablet. Internet access and web browser is therefore vital in order to attend.

Conference fee online participation:

  • NPF member NOK 2.500 plus 25% VAT
  • Non-member NOK 3.900 plus 25% VAT

Special Offer!

  • We give 50% quantity discounts to companies that register more than 5 participants.
  • Bring a colleague under 30 years of age for half price! Participant no. 2 or more under the age of 30 years from the same employer receives a 50% discount.
  • Student discounts available

Contact the Project Manager for more information and registration.

Payment can be done upon registration by credit card (Master Card/Visa/AmEx) or by invoice. If the invoice needs to be changed due to wrong or missing information there will added a fee of NOK 150 to the total amount. All international payments must be approved before the conference starts.

Cancellations must be received in writing by 19th of May 2021 and will be subject to a NOK 2,000 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.

Force majeure
Events beyond the control of the NPF – for example, but not limited to, extreme weather conditions, acts of war, terrorism, transportation shut-down (strikes or accidents), government regulation or advisory including travel warnings, serious illness or epidemics that makes it impossible to fulfill the obligations of conducting the conference entitle NPF to cancel the event without liability.

Conference paper:
Presentations from the conference will be available after end of conference. Delegates will be informed when available via 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.

We offer conference participants to purchase membership of NPF together with registration and payment for the conference:
1 year membership for conference participants – other local charters (NOK 1,000)


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