Managing Oil and Gas Portfolios in Uncertain Markets: SPE London 2013
London, UK, 19 April 2013 – The fast-changing dynamics of the energy markets, upstream oil & gas and the financial sector as a whole will be addressed at a major industry event in London next month.
With speakers from Shell, Ernst & Young, GDF Suez, Lloyds Bank, Statoil, AMEC and many more, SPE London’s Managing Oil and Gas Portfolios in Uncertain Markets is a unique forum bringing together key policy-makers, the leading players from the global upstream oil and gas industry and experts from the financial sector.
Incentivising upstream investment in the UK will be addressed by the Department of Energy & Climate Change (DECC), with opportunities in major oil-producing African nations Nigeria and Angola also high on the agenda.
The upstream oil and gas sector is changing: As production from Northwest Europe matures companies are adapting their strategies in legacy markets while having to look for growth opportunities in new high potential areas such as East and West Africa.
- How do upstream oil and gas companies manage their asset portfolios and adapt their strategies to provide shareholder return?
- How can changes in policies stimulate further investment in the UK?
- How can a portfolio of high-risk assets in under-explored countries be grown and monetised?
Energy markets are changing: Previously considered a by-product of oil, gas is now an increasingly important global commodity. High growth in production from North American shale gas is having a profound impact on the local markets.
- What are the dynamics in the global gas market?
- Growth strategies: M&A or organic?
- How do energy companies adapt their strategies to secure long-term resources while minimising risks to uncertain forward gas prices?
The financial sector is changing: The financial crisis has required a review of operating practices and funding mechanisms. Investors are becoming increasingly aware of the risks and therefore seek a greater understanding of their preferred markets.
- How have recent financial events changed the interaction between the financial and upstream sectors?
- How are upstream ventures in high risk new frontier areas being funded?
- What is a fair value for an upstream asset?
Managing Oil and Gas Portfolios in Uncertain Markets will answer all these key questions, plus many more. Expert insights into M&A trends, government policies and the latest financing strategies under constrained market conditions will be provided at the two-day event, to be held at Savoy Place on May 22-23. A gala dinner closes the event on May 23 at Claridge’s, with guest speaker Jeremy Vine.
With over 104,000 members worldwide, SPE International is the upstream oil and gas sector’s largest individual-member organisation serving managers, engineers, scientists and beyond.
T: +44 (0)20 7242 8867
About SPE London Conference
Situated at the heart of the global financial sector, London’s prime location and investor profile attracts international oil and gas companies seeking to raise capital to fund North Sea and global opportunities and portfolios. The SPE London Section launched its first two-day annual conference in June 2012 with the purpose of bringing together key members of the oil & gas and financial community. Following the overwhelming success of the inaugural conference, SPE London Section is now organising its second event titled ‘Managing Oil & Gas Portfolios in Uncertain Markets’, to be held on 22-23 May at Savoy Place. The conference programme targets senior industry and City professionals working in sectors including corporate finance, asset acquisitions and divestitures, corporate mergers and acquisitions, investment analysis, equity research, portfolio management, business development, and valuation of oil and gas assets. For more information go to www.SPELondonConference.com or follow the conference on Twitter: @SPElondonconf
About SPE London
SPE London Section is part of the Society of Petroleum Engineers (SPE), a not-for-profit organisation devoted to the safe and efficient exploration and production of crude oil and natural gas resources. With more than 104,000 members worldwide, it is one of the largest industry organisations globally, and works closely with government, institutes and academia to advance the learning of its members in all aspects of the industry – including offshore and onshore, nationally and internationally. SPE plays a pivotal role in setting out standards and guidelines for the estimation and auditing of reserves and resources for statutory reporting and financial purposes. Our members are active in all walks of life within our industry and hold cross-disciplinary seminars with our many colleagues across many institutes and organisations. SPE London Section has more than 2,500 members, several student chapters, and a very strong board, and aims to enhance the industry experience and help people achieve their true potential. For more information go to http://connect.spe.org/London/