September 20-27 2017

DR Koncerthuset

Studio 1 (Foyer +1) Emil Holms Kanal 20 0999 Copenhagen

Oil & Gas Summit 2017

Denmark needs oil and gas and the North Sea has a significant resource available. The North Sea allows Denmark to stay self-sufficient for years to come and benefit from the resulting tax revenues, jobs and independency of energy imports.
 
Energy consumption is growing fast around the world despite it becoming more energy efficient. This rising demand for energy is also powered by new sources of commercial green energy. These changes also effect Denmark. In the long-lasting green transition, all forms of energy will be needed and the global need for oil and gas is until 2050 projected to fall only marginally – but likely never disappear.
 
Denmark’s political goal is to become fossil independent by 2050. In this transition period, it is possible for Denmark to prolong its oil and gas independency, uphold thousands of jobs and retain an industry that is a net contributor to the welfare society if the right measures are put in place for the oil and gas industry. At the Oil and Gas Summit, we will discuss the value of self-sufficiency, jobs creation/retainment, welfare contribution and energy security.
 
Welcome to the 5th Oil & Gas Summit.

9:45 - 10:45
Registration
10:45 - 10:46
Safety briefing
10:46 - 10:55
Opening statement
10:55 - 11:35
Crude Volatility: The History and Future of Boom-Bust Oil Prices
Drawing on themes developed in his acclaimed book Crude Volatility:  The History and Future of Boom-Bust Oil Prices (Columbia University Press, 2017) which famed oil historian Daniel Yergin called “excellent…insightful and timely”, Robert McNally will explain why the oil market has entered a period of structural oil price volatility of the sort not seen in over eighty years and with no end in sight.  McNally, a former White House energy advisor and currently a leading energy consultant, will review the fundamental drivers of gyrating oil prices and, weaving in policy and geopolitical factors including the shale oil revolution and “peak demand”, share perspectives on the outlook for security of supply and oil price stability.
 
11:35 - 12:00
Maximize economic recovery
Glenn Brown will present what kind of measures that have been taken in the UK to maximise the economic recovery from UK continental shelf.
12:00 - 12:45
Lunch break
12:45 - 13:00
Brian Mikkelsen, Minister for Industry, Business and Financial Affairs
13:00 - 13:25
Perspective 1: Security of supply
This talk will present a supply/demand outlook for Europe and discuss what role oil and gas will play in the future energy supply in the light of a society shifting towards greener forms of power. The talk will be followed by a Q&A session.
13:25 - 13:35
Operator talk: Martin Edwards, Hess
13:35 - 14:00
Perspective 2: Energy security policy
Nicoló Sartori will talk about the evolvement of an energy security policy in a national context and regional EU context in the light of the development of the EU energy union. Mr. Sartori´s talk will be followed by a Q&A session.
14:00 - 14:10
Operator talk: Robert Frimpong, Wintershall
14:10 - 14:40
Refreshment break
14:40 - 15:00
A long-term strategy for the oil and gas sector
Lars Christian Lilleholt will present the main conclusions of the government´s strategy work and its recommendations
15:00 - 15:25
Perspective 3: Job retainment and creation in the oil and gas sector
The participants will elaborate on the value of having strong industry clusters and why we should support the oil and gas industry as an established value creator.
15:25 - 15:35
Operator talk: Martin Rune Pedersen, Maersk Oil
15:35 - 16:00
Perspective 4: Benefits from the oil and gas sector in a global and national view
Thina Margrethe Saltvedt will discuss how to maximize the societal benefits from the oil and gas sector. She will look at the North Sea regimes and elaborate on how mechanisms have been used in the different countries and how they has changed the relative competitiveness between the countries.
 
16:00 - 16:10
Operator talk: Sebastian Koks Andreassen, DONG Oil & Gas
16:10 - 16:20
Conference conclusion
16:20 - 17:30
Oil Gas Denmark reception
Registration date has been ended, please contact event organizer.

Videos

Summit 2016 introduction
First 50
Lars Christian Lilleholt - Minister of Energy, Utilities and Climate
Low growth or nor growth - or high growth

Photos

Conference photos

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