Main Conference Day Two: Tuesday 16th March 2010
08.30 Coffee And Registration
09.00 Chairman’s Welcome
09.10 Acquisition & Divestiture Of Worldwide Oil & Gas Assets
In Volatile Market Conditions
- MOL Group is a dominant oil player in Central and Eastern Europe, with activities expanded into Russia, the Middle East and Central Asia and Africa as well in the last decade
- MOL created several innovative oil and gas transactions to deliver worldwide growth in the upstream segment in recent years
- In addition MOL focuses on its exceptional partnerships to drive growth beyond 2010
Mr. Ferenc Farkas
Vice President Upstream Portfolio Development E&P
MOL
09.50 Creating And Developing Beneficial Partnerships:
An Idemitsu Case Study
- The importance of a good partnership with opportunities and challenges
- Partners as drivers for license development
- From long lasting partner to operatorship
Birgitte Grundfør
Commercial and Business Development Manager
Idemitsu Petroleum Norge
10.30 Coffee And Networking Break
11.00 Achieving Fast-Moving Inorganic Growth In The NCS
- Gain insight into one of the most aggressive acquisition strategies in the NCS (Largest number of transactions)
- Explore Bayerngas’ entry into Denmark
- Examine how the fast moving business development team secured PA Resources in just a few weeks
Arne Westeng
Managing Director
Bayerngas Norge
11.40 Decommissioning & Abandonment Liabilities:
Risk Identification And Mitigation
Decommissioning liability can be complex, with many details
and intricacies that have a huge impact on your projects
and are often little understood
- Examine the new rules applicable on the NCS
- Understand your legal position and ensure that you can plan effectively under the current Norwegian regime
- Understand the main differences between the UKCS and the NCS systems in terms of decommissioning & abandonment liabilities
Thomas Abrahamsen
Partner
Kluge
|
Preben Falck
Partner
Kluge
|
12.20 Interactive Panel Discussion:
Approaches To Decommissioning Security In Both The UKCS
And NCS
- What are the commercial implications of decommissioning when acquiring and disposing of UKCS assets?
- Can getting an LOC affect a smaller player’s ability to borrow?
- Is the degree of assurance provided by a Parent Company Guarantee sufficient?
- Avoid being stuck with the future cost of abandonment
Nigel Holmes
Commercial and Business Development Manager
GDF Suez UK
|
Thomas Abrahamsen
Partner
Kluge
|
Preben Falck
Partner
Kluge
|
13.00 Lunch And Networking Break
14.00 Team Challenge
This excellent networking opportunity will see each member of the delegate audience split into teams. In your teams, you will be given a problem solving challenge to complete. Each member of the winning team that is first to complete the challenge wins a bottle of wine
14.40 Developing A Growing Player In The Norwegian Continental Shelf
- Gain insight into Lundin Petroleum AB and Lundin Norway
- Explore Lundin’s focus growth through acquisitions & divestures
- Finding new oil in provinces rejected by others
Andreas Hildeng
Commercial Manager
Lundin Norway
15.20 Several Writers– One Document
How to manage multiple writers in different companies
and cross-discipline
- The challenges faced when working with multiple writers
- How to manage the workflow
- How XaitPorter is being used successfully for License Round applications in Norway – more than 90% off all winning applications in the last few years in Norway were produced in XaitPorter
Leif Kjetil Skjæveland
Partner of Xait
15.40 Coffee And Networking Break
16.10 Understand The Key Factors You Should Consider Before
Acquiring Or Divesting An Aging Asset
- Understand the key aspects of a technical due diligence process to identify future equipment related liabilities and performance restraints
- Examine the impact of equipment aging and asset life on long-term OPEX and CAPEX costs
- Explore case study examples of asset life issues and understand how they can impact on stakeholder value
Alan D’Ambrogio
Business Development Manager
ABB
16.50 Interactive Panel Discussion:
Exploring The North Sea A&D Market And Forecasting Activity
For 2010-2011
In this closing session, key themes from throughout the 2 days
will be discussed by a selection of the speakers and the conference
chairman. This is your opportunity to get answers to your biggest
A&D challenges and walk away with a more rounded view of
what to expect from the A&D market in the coming 12 months
17.20 Chairman’s Closing Remarks And End Of Main Conference