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Oil & Finance 2024
Lysebuveien 12 Norsk Petroleumsforening Programme updates!
Oil & Finance 2024
_2024-06-04 00:00:00
04. to 05. Jun 2024

Programme updates!
Oil & Finance 2024

OSLO

Oil & Finance Conference 2024

NCS – Safe haven in troubled times? 

4 – 5 June – Lysebu, Oslo

Conference language: English

 

We are pleased to invite you to the Oil & Finance Conference in Lysebu in Oslo. Do not miss this opportunity to exchange knowledge and network in the pleasant environment at Lysebu in Holmenkollen.

NCS – Safe haven in troubled times?

After a turbulent year in energy markets in 2022, the war of aggression against Ukraine and the disruption of piped natural gas supplies to Europe continued in 2023. Imports of Natural Gas from Russia to the EU have been significantly reduced. Uncertainties prevails regarding the remaining piped Russian gas volumes through Ukraine. The reduction in piped natural gas has mainly been compensated for by a sharp increase in imports of LNG, together with reduced industrial European natural gas demand and relatively mild weather also during the 2023/24 winter season. Security of supply and affordable energy for all is now strongly on the agenda, together with energy transition. There seems to be an emerging understanding that the energy transition will take decades, will be complex regarding the economic, scientific social and political realities, and will have to be fair and just – within countries and between countries.

What is the outlook for oil and gas markets? High oil and gas prices seem to have had an impact on the strategies of oil and gas companies, with a more nuanced approach to continue to find, develop and produce hydrocarbons as well as the strength of and pathway to transition towards renewable energies. Will the NCS be a safe haven in troubled times? Norway has among the highest development activities globally with stable fiscal terms but it has also, similarly to many other countries, experienced climate change litigation cases. What are the consequences?

According to tradition we will have presentations from companies relevant for the actual situation in the industry. Presentation by representatives 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 2024 Oil & Finance Conference also offers you plenty of opportunity for networking.

 

Welcome!

On behalf of the program committee,
Morten E. Lindbæck, (Chair)

Program

Tuesday 04. June

10:30

Registration

From 10.30 - 12.00 hrs.
11:00

Lunsj

12:00

Opening Remarks

Morten E. Lindbæck, Ministry of Energy, Chair of Committee
12:05

Host and moderator: Petter Sagfossen, Pareto Securities

12:05

Sander Solheim Nilsen, Fearnley Securities

Updates on what has happened since last year’s conference
12:25

Lars Erik Aamot, Head of Oil and Gas Department, Ministry of Energy

gives and update on the NCS
12:50

Anouk Honoré, Oxford Institute for Energy Studies (OIES)

European gas demand - unwrapping the fundamentals
13:15

Coffee and Networking

13:35

Lene Landøy, Aker ASA

14:00

Amund Vik, Eurasia Group

Medium Term Geopolitic Outlook
14:25

Anders Wittemann, Wittemann E&P Consulting Norway

M&A and Industry Trends on the NCS
14:55

Coffee and Networking

15:15

Morgan Stanley

presents the Global M&A
15:40

Chris Boulter, Serica Energy

In search of Accretive Geographical Expansion
16:05

Atle Skaldebø-Rød, Advokatformaet BAHR AS

Global Trends in Climate Change Litigation
16:30

Coffee and Networking

16:45

TBA

17:10

Kristin Færøvik

End of day 1 - Reflections on the Development of the Industry
18:00

Aperitif and Conference Dinner

Wednesday 05. June

08:30

Coffee and Networking

09:00

Introduction 2nd day

09:05

Espen Kvilekval, DnB

North Sea E&P bank financing considerations
09:35

Arctic Securities

gives a debt and equity capital markets update
10:20

Anna-Karin Hempel og Henrik Emil Høyerholt, Alfred Berg

Credit investor perspective: comeback for the oil- and offshore sector
10:40

Coffee and Networking

11:00

Knut Høivik, Faculty of Law, Universty of Bergen

Unitization litigation: Sør-Rogland District Court's ruling on the Ministry's distribution of participating interests in the Breidablikk unit
11:25

Ola Mestad, Scandinavian Institute of Maritime Law, University of Oslo

The Norwegian Climate Cases – A threat for the business or the Ministry?
11:50

Coffee and Networking

12:05

Dag Erlend Henriksen

gives Comments from the Ministry of Energy
12:35

Marita Bjelland Botne, Fagsjef juss og areal/Torbjørn Giæver Eriksen, Director industry policy and communications

gives Comments from Offshore Norge
12:50

TBA

13:10

Lunsj

14:00

End of conference, have a safe trip home!

Practical information

Organiser:
Norwegian Petroleum Society (NPF)

Members of Conference Committee:

  • Morten E. Lindbæck, Ministry of Energy (Chair of Committee)
  • Tore Orm Sitje, Arctic Securities
  • Marit Moen Vik-Langlie, OKEA
  • Ole Kristian Busterud, DNB Bank
  • Joachim Bjerke, BAHR
  • Petter Sagfossen, Pareto Securities
  • Martin Seland Simensen, Aker BP
  • Lars Stoltenberg, Kistos Energy

Conference language:
English

Venue:
Lysebu, Lysebuveien 12, 0712 Oslo, Norway
Telephone: +47 21 51 10 00

Conference fee: 

  • NPF personal members NOK 12,400 plus 25% VAT
  • Non-NPF-members  NOK 13,900 plus 25% VAT

The fee includes:

  • Coffee/tea
  • Lunches
  • Conference Dinner
  • Access to approved presentations after end of conference.

Accommodation:
Lysebu, Lysebuveien 12, 0712 Oslo.

NOK 1,290 per night (incl. breakfast).

Rooms may be booked when you register for the conference, and must be paid upon check-out. NPF is not responsible for no-shows.

Membership of the Norwegian Petroleum Society (NPF):

If you want to receive the member price, please register here first: https://npf.medlemssystem.com/registration.

One year membership for conference participants is NOK 1,000. Reduced membership fees applies 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:

Company discounts:
Pay a full fee for the first six participants. Numbers seven and above will receive 50% off.

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.

Cancellations: Cancellations must be received in writing by 21st of May 2024 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

Hege Løkke Johannessen
Project Manager
tel. +47 410 47 053
E-mail: hege.johannessen@npf.no