Oil is back!
–Was it ever gone? Lysebuveien 12 0790 Oslo Norsk Petroleumsforening Oil & Finance 2022
Oil is back!
–Was it ever gone?_2022-06-08 00:00:00
Oil & Finance 2022
Oil is back!
–Was it ever gone?
Oil & Finance Conference 2022
“OIL IS BACK! – Was it ever gone?”
After a turbulent 2021, further uncertainty and turmoil continued into 2022 with Russian military invasion of Ukraine. 2021 started with a rebound in global economic activity with energy demand back on a strong growth trend but with limitations and bottlenecks on the supply side combined with planned and non-planned production shutdowns. The European energy market experienced cold weather and low output from intermittent wind power production, increasing the need for coal and natural gas power generation to balance the electricity demand.
The invasion of Ukraine has increased the focus on Europe’s reliance on Russian gas. Regardless of ambitions of increasing renewable energy production such as wind power, Europe will need alternative natural gas supplies for years to come. Security of supply is on the agenda. The climate is changing. So are the outlook for oil and gas prices.
In this critical situation, as some companies are talking about carbon neutrality, for the vast majority of oil companies the main strategy is still to find, develop and produce hydrocarbons as cheaply and efficiently as possible. But oil companies are making investment decisions for projects with a long time horizon.
This will be the backdrop for this year’s Oil & Finance conference. Is the climate indeed changing again for new investments in the oil & gas industry? Will we see capital flowing into the business?
In a pleasant environment at Lysebu, the 2022 Oil & Finance conference also offers you plenty of opportunity for networking.
Program
Wednesday 08. June
Registration
Lunch
Chair Day 1:
Opening remarks
What has happened?
NCS today – Ministry perspective
The global energy system will probably change dramatically during the current and next decade, but how??? And how likely is it to reach climate targets?
Coffee/Networking
From Recovery to Scarcity
M&A and industry trends on the NCS
Perspectives on NCS
Coffee/Networking
Panel NCS
– Nikolai Lyngø, CEO, Sval Energi
– Jan Christian Ellefsen, CEO, Pandion Energy
–Sverre Skogen, Chairman & CEO, Mime Petroleum
From Energy Transition to Energy Security
Wine tasting

Dinner
Thursday 09. June
Coffee/Networking
Chair Day 2:
E&P Financing solutions
– Espen Kvilekval, Global Head of Oil & Gas, DNB Bank ASA
– Teodor Sveen- Nilsen, Equity analyst, SpareBank 1 Markets
– Øyvind Hagen, Credit Analyst, Arctic Securities
– Hugh Mulcahy, Executive Director, Carlingford
Hedging – Key trends and observations
Coffee/Networking
Changes in the Petroleum Tax Act
Legal trends for M&A on the NCS and the UKCS
Norwegian politics - what to expect for the oil industry?
Conference summary
Lunch
End of conference
Practical information
Organiser:
Norwegian Petroleum Society (NPF)
Members of Conference Committee:
- Morten E. Lindbæck, Ministry of Petroleum and Energy (Chair of Committee)
- Erlend Bakken, Advokatfirmaet Schjødt
- Helge Nordtorp, Pandion Energy
- Tore Orm Sitje, Arctic Securities
- Tobias Osterheider, Equinor
- Jarand Lønne, SpareBank 1 Markets
- Pål S. Fosse, DNB Bank
- Marit Moen Vik-Langlie, OKEA
Conference language:
English
Venue:
Lysebu, Lysebuveien 12, 0712 Oslo, Norway
Telephone: +47 21 51 10 00
Conference fee:
NPF personal members NOK 10,900 plus 25% VAT
Non-NPF-members NOK 12,400 plus 25% VAT
The fee includes:
– Coffee/tea
– Lunches
– Conference Dinner
– Access to the presentations after end of conference
Membership of the Norwegian Petroleum Society (NPF):
We offer conference participants to purchase membership of NPF together with registration and payment of the conference. 1 year membership for conference participants is NOK 1,000. Reduced membership fees apply for young professionals under the age of 34, students and seniors.
Payment:
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 information there will be added a fee of NOK 150 to the total amount. All international payments must be approved before the conference starts.
Special Offer: 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.
Accommodation:
Lysebu, Lysebuveien 12, 0712 Oslo
NOK 1,720 per night (incl. VAT) including breakfast. Accommodation to be paid directly to the hotel upon departure.
Cancellations:
Cancellations must be received in writing by 25th of May 2022 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.
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.
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 (striks 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.
Contact:
For further information please contact:
Norwegian Petroleum Society
Kristin Øinæs
Project Manager
tel. +47 455 07 475
E-mail: kristin.oinaes@npf.no