GREEN TRANSITION - OUR SHARED RESPONSIBILITY

October 23 2019

DR Byens Koncerthus, Studie 2

Ørestads Boulevard 13, 2300 København S

Oil & Gas Summit 2019

A strong concern on the evolving climate changes, the need to act and implement solutions to limit and mitigate changes, is challenging society and industry on how to adapt into a low carbon environment. Especially, the oil and gas industry needs to deliver compelling solutions for upholding a sustainable business in this context and at the same time meet a still growing need for energy and natural resources to citizens, societies and industries.
 
The energy transition will be ongoing for many decades to come, and while some sectors and regions will decarbonize fast, others will transform far slower. The oil and gas industry must be able to deliver the needed resources while continuously reducing the climate and environmental footprint of its operations. 
 
Oil & Gas Summit 2019 will investigate and discuss how the oil and gas industry plays into these dilemmas and bridge still more challenged surroundings.

11:30 - 12:45
Registration and lunch
12:45 - 12:45
Safety Briefing
12:45 - 13:05
Green transition - our shared responsibility
13:05 - 13:30
A new political reality
The political situation has changed radically over the past year. A new government has taken over office and the climate agenda has become the determining factor in almost all political conversations. Business editors from Berlingske and managing editor from Politiken will in this talk share views on the new political reality in Denmark and what shall be expected for the years to come.  
 
13:30 - 14:00
Global energy investment and the need for an energy transition
Climate change and the question of how it is possible to adapt to the targets of the Paris Agreement has become a defining factor in the conversation on how we fuel our society in the future over the past years. But how is the green transition progressing, what role will oil and gas have in the transition and what is actually needed to succeed?
14:00 - 14:20
Balancing energy security and environmental objectives: the role for North Sea oil and gas
Domestic production of oil and gas from the North Sea has for decades created a solid foundation for energy supply. The ongoing energy transition means that a question naturally arises about the industry´s future and how the industry can support the future energy mix in a more sustainable way. In this key note address, Amy Bowe will share her perspective on the oil and gas industry´s position in the green transition, what role EU produced oil and/or gas could serve in the green transition, the role of security of supply and the trends among oil and gas companies on how they act in the perspectives of an increased energy demand and a demand for a shift away from oil and gas.
 
14:20 - 14:40
Carbon foot print of oil production
Denmark’s production of crude oil is the world’s greenest due to Danish crude oil being of a high quality and a co-production of natural gas. However, crude oil and natural gas still emit CO2 in the production and consumption processes. Adam Brandt from Stanford University will in his keynote address share the study on why Denmark have been rated as one of the most climate friendly places to produce oil in the world.
14:40 - 15:00
Talk: Oil and gas production and the green transition
Widely recognized projections from many sources show that oil and gas will be in strong demand in the EU and the world for the coming decades. How can this demand be satisfied in the future, and how will the ongoing energy transition change the European demand for oil and gas? Could the way that oil is produced in Denmark be transferred to other parts of the world and what should governments do in order to meet the need for a net zero emissions? This also raises the question of if oil and gas can be a part of the energy mix at the same time?
15:00 - 15:45
Refreshment break
15:45 - 16:15
Debate: Energy to Europe and the green transition
The EU’s demand for natural gas is rising, but its domestic production is declining. Is it possible to combine these two differing trends, and what role shall natural gas play in the future European energy supply? In this discussion, we will hear from stakeholders from gas transmission system on the value of establishing further gas infrastructure, representatives from Poland on how gas contribute to their green transition and how continental European gas companies are taking part in the green transition by supporting a coal to gas substitution.
16:15 - 16:45
Debate: The green transition and our shared responsibility – Part I
In order to reach the Paris Agreement’s ambition of reducing the rise in the global average temperature to 1.5 degrees, the energy system must be changed significantly. However, all leading projections show that oil and, especially, gas will still be important parts of the European energy transition. The politicians from the Danish parliament will discuss what role the production of oil and gas from the Danish part of the North sea could have in the energy transition.
 
16:45 - 17:10
Debate: The green transition and our shared responsibility – Part II
In 2018, the Danish oil sector contributed over 8 billion DKK to the Danish treasury in taxes. Therefore, the Danish recovery of oil and gas from the North Sea is very beneficial for the Danish state. However, how does the industry see the future for oil and gas recovery in Denmark, and do the industry and politicians have a common understanding of the way forward? This will be discussed by a panel of leading politicians and industry leaders.
17:10 - 17:15
Conclusion
17:15 - 18:30
Reception
Registration date has been ended, please contact event organizer.

Photos from Oil & Gas Summit 2018

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