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Lloyds List: Financing offshore exploration and production

Published: Jul 04, 2007

What’s the fuss?

THE surge in demand for energy, coupled with high oil prices, has led to a boom in exploration and production. Given that offshore activity is expected to represent 43% of oil production and 83% of gas production by the end of 2008, there is much interest in the offshore market.

Furthermore, as oil and gas prices continue to rise, the exploration and production of previously ignored marginal fields is now becoming economically viable meaning drill ships, production vessels and supply ships are all in demand.

Speakers to note:

Phil J. Mulhall, exploration manager, Europe/North Africa, ExxonMobil International

Sarah Kuijlaars, finance director, Shell Nigeria Exploration & Production

Bjorn Henriksen, executive vice-president & chief finance officer, Prosafe SE

Elisabeth Barstad, director business development, BW Offshore

Sven Dybdahl, Head of Floating Production Group, DVB Merchant Bank (Asia)

Richard Moreton, Executive Director, Granby Oil & Gas

Erik Haugane, chief executive, Pertra ASA

In a nutshell:

Financing Offshore Exploration & Production October 4 and October 5, 2007 Crowne Plaza London, St James, London, www.ibcenergy.com/eq1165

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