The 20th Int. Petroleum Tax Conference 2009
Welcome to the 20th International Petroleum Tax Conference.
The 2009 International Petroleum Tax conference represents a significant milestone as the 20th such conference to cover upstream tax issues. The organizing committee would be pleased to welcome as many delegates as possible from Norway and beyond to make this years conference as memorable and informative as those that preceded it. Today’s energy landscape presents unrecognizable challenges to those explored in the first conference back in 1989. We trust that the 2009 conference Agenda will address many of these in an informative and stimulating environment.
Following the pattern of recent conference Day 1 will focus on the wider energy landscape and fiscal context in Europe and beyond. Day 2 will cover in depth a range of topical fiscal issues that impact the NOCS.
One of the themes of the 2009 conference is to present the diversity of the fiscal landscape from the Equator to the Pole. We have invited Carole Nakhle from the University of Surrey to cover the fiscal terms on offer in the Middle East, with particular reference to Iraq, and expert contributors to cover the less mature but enticing potential of Greenland and Iceland. All these countries are all at the stage of attracting renewed interest from foreign investors but the fiscal approach from policy makers and geopolitical context could not be more different.
The recent unprecedented turmoil in financial markets in combination with continuing oil price volatility presents a new cocktail of uncertainty for policy makers and investors. We are pleased to welcome back Graham Kellas of Wood Mackenzie to provide his own unique insights into the impact of this turmoil on global fiscal trends. This will be balanced by an academic perspective on a similar theme by Peter Osmundsen from the Universityof Stavanger. The impact of the financial crisis on smaller companies and the case for Government assistance will be explored by Øystein Noreng.
The 20th International Petroleum Tax Conference provides a unique opportunity to hear from acknowledged experts in the fiscal and energy field on current Industry trends and challenges. The outstanding conference facilities present a congenial setting to promote extensive networking with colleagues from Europe and beyond.
Conference Committee
– Frode Bøhm, section manager, The Norwegian Oil Industry Association (Chair)
– Gaute Erichsen, deputy director general, Norwegian Ministry of Petroleum and Energy
– Raymond Hall, manager, Upstream Fiscal Economics and Advocacy, BP Expl., UK
– Per Harg, attorney-at-law, Selmer DA
– Einar Hille, tax manager, Exxon Mobil Norge
– Arild Kvanvik Jørgensen, tax manager, Total E&P Norge AS
– Finn Lexow, vice president tax, Statoil ASA
– Morten E. Lindbäck, oil analyst, Sector Asset Management ASA
– Øystein Noreng, professor, Norwegian School of Management (BI)
– Stig B. Sollund, director general, Norwegian Ministry of Finance
– Tor Jan Tjosevik, group tax manager, Seadrill Management AS
– Eimund Kibsgaard Nordberg, project manager, Norwegian Petroleum Society
Program
Wednesday 04. November
Registration/Coffee- tea
Opening and welcome by the Chair
Norwegian petroleum tax policies
Perspectives of a small oil company
Coffee/tea - networking break
Contractual terms in Iraq and the Middle East
Trends and trade-offs in international petroleum taxation
Lunch
Iceland: Status of activities and fiscal regime
Greenland: Status of activities and fiscal regime
Coffee/tea – networking break
Recent trends in global fiscal regimes
Funding-challenges facing smaller companies and the need for tax reform
End of session
Aperitif
Conference dinner and entertainment
Thursday 05. November
Morning meeting place - coffee/tea
Introduction to day 2 by the Chair
Can taxpayers and tax authorities be friends?
Russian oil and natural gas taxation
Emission trading and CCS
Coffee/tea – networking break
Tax issues from the Ministry of Finance
Current tax issues from the industry
2008 tax assessment issues
Taxpayer's speech
Lunch
Practical information
Venue:
Hotel Bristol, Kristian IV’s gate 7, Oslo, Norway
Telephone: (+47) 22 82 60 43
Telefax: (+47) 22 82 60 04
www.bristol.no
Organiser:
Norwegian Petroleum Society (NPF), P.O.Box 573-Sentrum, N-0105 Oslo, Norway
www.npf.no
Final date of pre-registration: 26th October 2009
Conference fee:
NPF personal members NOK 7.500,- plus 25% vat
Non-npf-members NOK 8.000,- plus 25% vat
The fee includes:
– Conference papers
– Coffee/tea
– Lunches
– Conference Dinner
Payment:
You may pay by credit card or invoice. Please state your preference when signing up for the conference. (If you do not use creditcard – you will have an invoice sent to you.)
Cancellations:
Cancellations must be received in writing by 26th October 2009 and will be subject
to a cancellation fee NOK 900,- (plus 25% vat) 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 on Internet after end of conference. Delegates will be informed when available by e-mail.
Programme changes:
It is sometimes necessary to change timing of the programme. The conference organiser will not be liable for any such unavoidable changes.
Accommodation:
NPF has reserved a number of rooms at Hotel Bristol for NOK 1.520,- per single room per night (incl. vat) including breakfast, to be paid direct to the hotel. Please make your reservation as soon as possibile quoting ref. nr. 6817551
Hotel Bristol, Kristian IV’sgt. 7, Oslo, Norway
Telephone: (+47) 22 82 60 43
Telefax: (+47) 22 82 60 04
www.bristol.no
Registration:
“Sign up” link above.
For more information please contact:
Project manager Eimund Kibsgaard Nordberg