Created with Sketch. Add to Calendar 2018-03-13 11:00:00 2018-03-14 13:30:00 Europe/Oslo Oil & Finance – The rise of new NCS independents Lysebuveien 12, 0790 Oslo Norsk Petroleumsforening Oil & Finance – The rise of new NCS independents_2018-03-13 11:00:00
13. to 14. Mar 2018

Oil & Finance – The rise of new NCS independents

Created with Sketch. OSLO

The Norwegian Petroleum Society (NPF) has great pleasure in inviting you to the Oil & Finance Conference in Oslo, 13 - 14 March 2018.

The competitive landscape on the NCS is in the process of changing dramatically. Majors and utilities are exiting in part or in full and new significant players are created through M&A activity. Such companies like AkerBP and Point Resources are looking to capitalize on opportunities deemed too marginal by the Majors. Will they succeed in reviving the legacy assets?

Utilities are shifting their strategies away from oil and gas, leaving constellations like Spirit Energy, Ineos and Neptune behind.

In this rapidly changing landscape we will get the perspectives of CEO Maria Moræus Hansen of DEA and Thomas Bjørgo, CFO of Point Resources. We will get the private equity perspective from PE fund Bluewater and one of their start-ups Mime Petroleum.

These perspectives along with an update on M&A activity , bond and bank market along with a selection of relevant legal issues will give you an excellent overview of the current status of the NCS and hopefully a good indication of where it is headed in the future.

Welcome!

Program

Tuesday 13. March

11:00

Registration

11:30

Lunch

MARKETS AND MACRO ISSUES

Chair: Harald Erichsen, ABG Sundal Collier
12:15

Opening remarks

Morten E. Lindbæck, Chair of the Program Committee, Ministry of Petroleum and Energy
12:20

What has happened?

Andreas Rinde Øverland, Project Manager, Rystad Energy
12:45

Oil Pricing in the Medium Term: Market Management or Market Forces

Francis Osborne, Head of Forecasting - Consulting, Argus
13:15

How data liberation will create and shape NCS winners

Dr. John Markus Lervik, CEO, Cognite
13:45

Refreshments/networking

NORWEGIAN CONTINENTAL SHELF AND M&A

14:15

Illegal State Aid? A closer look at Norway's refunds to E&P companies

Vidar Løhre, lawyer – finance specialis & Kine Ø. Neslein, lawyer – state aid specialist, Wikborg Rein Advokatfirma AS
14:45

International M&A - focus on the North Sea: Changing Scenery – New Players!

Marc Maestracci, Managing Director - Oil & Gas Industry Group, BNP Paribas
15:15

NCS M&A - NCS company landscape changes

Anders Wittemann, Wittemann E&P Consulting
15:45

Refreshments/networking

16:15

BD on NCS – a Statoil perspective

Ketil Vestbakke, BD Project Manager, Statoil
16:45

Value proposition for PE-companies on the Norwegian Continental Shelf

Khash Mohajerani, Vice President, Blue Water Energy
Harald Grøsfjeld, CFO, Mime Petroleum
17:30

Wine tasting sponsored by BNP Paribas

19:30

Dinner

Wednesday 14. March

08:30

Coffee/networking

BOND & BANK MARKED

Chair: Birgitte Arctander Franing, Arctic Securities
09:00

Financing from a company perspective

Thomas Bjørgo, CFO, Point Resources
09:30

Bond Financing

Alexander Jost, Head of Credit Research, ABG Sundal Collier ASA
10:00

RBL Financing

Espen Kvilekval, Global Head, SVP, Head of Oil & Gas, DnB Bank ASA
10:30

Refreshments/networking

LEGAL ISSUES – SELECTED M&A ISSUES IN ASSETS TRANSACTIONS

11:00

M&A involving tie-back assets – issues to be aware of

Torkjel Grøndalen, Partner, & Erlend Bakken, Partner, Michelet & Co
11:30

Unlimited secondary decommissioning liability - challenges in exit situations

Thomas K. Svensen, Partner, & Stig Klausen Engelhart, Partner, BAHR
12:00

Conference Summary

12:30

Lunch

13:30

End of conference day 2

Practical information

Organiser:
Norwegian Petroleum Society (NPF)

Venue:
Lysebuveien 12, Oslo
Telephone: 0047-21 51 10 00
Fax: 0047-22 51 10 01

Conference fee: 
NPF personal members NOK 10,400 plus 25% vat
Non-NPF-members        NOK 11,900 plus 25% vat

The fee includes:
– Coffee/tea
– Lunches
– Conference Dinner
– Winetasting
– Access to the presentations after end of conference

Payment:
Payment can be done upon registration by credit card (Master Card/Visa). If you do not want to pay with credit card, you can ask the project manager to send you an invoice from Norwegian Petroleum Society (NPF). Please note that by choosing invoice you will be submitted to a fee of NOK 100. All international payments must be approved before the conference starts.

Cancellations:
Cancellations must be received in writing by 18th of February 2018 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.

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.

Accommodation:
Lysebu, Oslo, Norway, NOK 1,685 per night (incl. vat) including breakfast, to be paid directly to the hotel.

For further information please contact:
Norwegian Petroleum Society
Tonje Raknes
Project Manager
tel. +47 983 06 117
E-mail: tonje.raknes@npf.no