Add to Calendar2023-06-07 00:00:002023-06-08 14:00:00Europe/OsloOil & Finance 2023 Energy in uncharted territories Lysebuveien 12Norsk PetroleumsforeningOil & Finance 2023 Energy in uncharted territories _2023-06-07 00:00:00
07. to 08. Jun 2023
Oil & Finance 2023 Energy in uncharted territories
Oil & Finance Conference 2023
– Energy in uncharted territories –
The turbulence in energy markets continued through 2022 with the continued war of aggression against Ukraine and disruption of natural gas supplies to Europe. Imports of Natural Gas from Russia to the EU have been significantly reduced. This reduction has mainly been compensated for by a sharp increase in imports of LNG, particularly from the US. Europe will need alternative natural gas supplies for years to come. The challenges facing the energy markets are no longer focused only on energy transition. Security of supply and affordable energy for all is strongly on the agenda, in Europe as well as globally. What are the outlooks for oil and gas markets? High oil and gas prices have strengthened revenues for oil and gas companies, but will their main strategies still be to find, develop and produce hydrocarbons as cheaply and efficiently as possible when energy is expected to stay in uncharted territories?
In addition to updates on oil and gas markets, we will have presentations from companies relevant for the actual situation in the industry. Presentation and panel discussion with representative from RBL banks, financial advisers and other capital providers represented, covering the equity and debt markets, both on the public and private side, as well as alternative financing solutions. Focus on recent trends and shifts in the market and what to expect when it comes to funding availability going forward.
In a pleasant environment at Lysebu, the 2023 Oil & Finance Conference also offers you plenty of opportunity for networking.
On behalf of the program committee, Morten E. Lindbæck, (Chair)
Oil & Finance in beautiful surroundings
Oil & Finance in beautiful surroundings
Wednesday 07. June
Lunch and Registration
Morten E. Lindbæck, Chair of the Program Committee
Teodor Sveen-Nilsen, Equity analyst, Sparebank 1 Markets, updates on what has happened since last year’s conference
Lars Erik Aamot, Ministry of Petroleum and Energy gives an updated status on the NCS
Jack Sharples, Oxford Institute for Energy Studies, informs about the European Gas Supply: Recent Developments and Short-Term Outlook
Greg Roddick, Wood Mackenzie, presents NCS from an international perspective
Refreshments and Networking
Tore Sitje, Partner, Corporate Finance hos Arctic Securities
Anders Wittemann, Chief analyst, Wittemann E&P Consulting, gives an informative update on NCS trends and opportunities
Cyryl Federowicz, CFO, PGNiG, will inform us about implementation of the gas strategy on the NCS
Nicolai Lyngø, CEO, Sval Energi, presents Growth and strategy, keys for success on NCS
Refreshments and Networking
Ida Ianssen Lundh, VP Business Development M&A, OKEA ASA , will update us on Key BD considerations for acquisition of tail end assets
Jeremy Low, Head of European Oil & Gas, Houlihan Lokey, reflects upon dealing with majors regarding asset deals and exits - what do we see?
Stig Klausen Engelhart, BAHR, presents an M&A Deal Study on the NCS with a focus on trends and solutions in Norwegian E&P transactions
Thursday 08. June
OIL & GAS FINANCING – KEY PERSPECTIVES
Chair: Jarand Lønne, Head of Natural Resources Investment Banking, SpareBank 1 Markets
Ananya Modi, Rothschild & Co, Update on E&P financing - international perspectives
Thomas Bethel, Herbert Smith Freehills LLP & Atle Gabrielsen, Wiersholm, will give a status update of RBLs on the NCS and internationally
Fridrik Agustsson, Pareto Securities AS, Will inform us about Bond financing for upstream E&P
Moderator: Jarand Lønne, SpareBank 1 Markets
Coffee and Networking
Joachim M. Bjerke, Partner, BAHR
Katrine Jokstad Kvanvik, Senior Legal Counsel Harbour Energy Norge AS & Torkjel Grøndalen, Partner, Schjødt, inform us about CCS and CO2 storage capacity – impacts and opportunities for oil and gas producers on the NCS
Carole Nakhle, CEO, Crystol Energy, elaborate on Energy markets outlook: expanding production capacity
Peter Hiorth, Specialist in Oil and gas law, Schjødt, will inform us about transaction structures and approvals under section 10 of the Petroleum Tax Act
Ingvild Brandal Gaasemyr, Ministry of Finance, comments on approvals under section 10 of the Petroleum Tax Act
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 Hotel is now fully booked. Please contact project manger, email@example.com for help with room reservation.
Lysebu, Lysebuveien 12, 0712 Oslo. NOK 1,740 per night (incl. VAT) including breakfast. Accommodation to be paid directly to the hotel upon departure. NPF is not responsible for no-shows.
Cancellations: Cancellations must be received in writing by 28th of February 2023 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.
Presentations from the conference will be available after end of conference. Delegates will be informed when available via e-mail.
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
tel. +47 452 48 348